Exam Review

1.Multiple Choice (review the textbook and presentations)

2. Economic Models

Some key items to focus on:

  • Opportunity Cost and Production Possibilities
  • Supply and Demand ModelsĀ  (demonstrating the impact of changes on the models)
  • The Business Cycle and economic indicators (GDP, Employment etc)
  • Macroeconomic models for AD and AS
  • Fiscal and Monetary Policy