THE MEDIUM RUN: Model-Building: Full-Employment Equilibrium. DeLong and Olney textbook, chapter 7.
Components of aggregate demand in the flexible-price full-employment model. DeLong and Olney textbook, chapter 6.
I'm not going to get far enough today, I don't think, for it to make sense to hand out problem set 4. So we'll be shifting to a Thursday-Thursday problem set schedule...
The exams look good. We can go a bit faster, I think...
They'll be coming back on Thursday the 28th.
We will meet again on Wednesday 9/27. Good luck on the first midterm.
-Joe
Follow this link for the solutions to PS3...
For practice problems and past exams: look here.
I will be holding my office hours on Wednesday, September 20th, at the following times:
- 10am-11am in 608-3 Evans
- 12pm-1pm in 508-3 Evans
The first midterm will be on September 21. Look to the problem sets as models for the questions.
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