ECON 2313 Lecture Slides

Last update on 10-11-10

Notice to Students: These slides are formatted with PowerPoint. If you do not have PowerPoint installed on your machine, you may obtain a free copy under the Microsoft Campus Agreement

These slides accompany the Bade & Parkin text (Fall 2010):

•	Introductory lecture (revised 08-24-10)
•	Making and using graphs (revised 01-14-10)
•	The U.S. and Global Economies;The Circular Flow model (updated 08-31-10)
•	The production possibilities frontier (updated 09-04-06)
•	The principle of comparative advantage (updated 09-10-06)
•	Demand and supply (updated 09-12-06)
•	Market equilibrium; Effects of price ceilings and floors (updated 09-12-06)
•	GDP and the standard of living (updated 02-16-10)
•	The CPI and the cost of living (updated 10-01-10)
•	Jobs and unemployment (updated 10-05-10) Potential GDP and the Natural Rate of Unemployment (New 10-11-10)
•	Investment and saving (updated 10-25-10)
•	Business cycles, aggregate demand (AD) and aggregate supply (AS) (updated 03-09-10)
•	Aggregate expenditure (updated 03-09-10)
•	Money and the monetary system (Updated 03-29-10)
•	How banks create money; the money multiplier (updated 04-06-10)
•	The money market; FED open market operations; The Quantity Theory of Money (updated 04-14-10)
•	Fiscal policy (updated 04-20-10)
•	The Phillips curve; the short-run policy trade-off (Spring 2010 students are not responsible for this material)
•	International trade; Trade barriers (updated 04-22-10)
•	The Balance of Payments: Exchange rates (updated 04-22-10)

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