Economics with Prof. Sanjay Paul

Elizabethtown
College

Economics

EC101 Principles of Macroeconomics
Dr. Sanjay Paul
Winter 2023-24 (Dec 9 - Jan 5)

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From the Prof's Desk

Welcome to Macro.

Lecture Outlines

Lecture 1: Introduction
Lecture 2: Graphs
Lecture 3: Opportunity cost
Lecture 4: Markets and government
Lecture 5: Supply and demand

Lecture 6: GDP and Business Cycles
Lecture 7: Unemployment
Lecture 7.5: Inflation
Lecture 8: National Income Accounts
Lecture 9: Consumption Function
Lecture 10: Income-Expenditure Diagram
Lecture 11: Multiplier
Lecture 12: Aggregate Demand
Lecture 13: Aggregate Supply
Lecture 14: Eqbm GDP and Price Level
Lecture 15: Fiscal Policy
Lecture 16: Supply-side Policies

Lecture 17: Money
Lecture 18: The Banking System
Lecture 19: Money Supply and the Central Bank
Lecture 20: The Money Market
Lecture 21: Interest Rates and Exchange Rates
Lecture 22: The Complete Model
Lecture 23: Budget Deficits

Exercise Sets

Exercise Set 1: Graphs
Exercise Set 2: Opportunity Cost
Exercise Set 3: Demand
Exercise Set 4: Supply
Exercise Set 5: Equilibrium
Exercise Set 6: Excess Supply

Exercise Set 6.5: Intl Trade (pdf)
Exercise Set 6.7: Business Cycles
Exercise Set 7: National Income Accounts
Exercise Set 8: Inflation
Exercise Set 8.1: Unemployment
Exercise Set 9: Economic Growth
Exercise Set 10: Saving-Investment Relationship
Exercise Set 11: Consumption function
Exercise Set 11.1: Computing GDP
Exercise Set 11.2: Multiplier
Exercise Set 12: Eqbm GDP and Price Level

Exercise Set 13: Banks and Money Creation
Exercise Set 14: Money, Interest Rates and Exchange Rates
Exercise Set 15: The Complete Model

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