Principles of Macroeconomics' Announcements
Review for Test #1
Review for Test #2
Review for Test #3 & the Final Exams

12/5: You took the first half of the final.  The review session for the second half of the final is at 4:00 today.  I strongly recommend you watch it live or afterwards.  That will greatly improve your grade.  The second half of the final is open notes and open book. It is during the exam slot on Thursday at 1:00.

11/30: We went over a printout of your grades and the exam.  The review session for the first half of the final will be Monday 4:00 in the normal room and on Zoom.  The first half of the final will be Tuesday during the normal class slot.  The review session for the second half of the final will be Tuesday at 4:00.  I strongly advise you watch it to avoid the common errors people make on the second half of the final.
11/28: We finished Chapter 16.  I handed back the exams.  We will go over them and a printout of your grades on Thursday.  We set the time for the review session for the two parts of the final as Monday at 4:00 and Tuesday at 4:00.
11/21: We went over the rest of Chapter 15 and started Chapter 16.
11/16: You took the exam.  If not and have not already contacted me, then contact me ASAP.
11/14: I handed back the homework and went over it.  We also went over the questions on the review sheet for the exam and started Chapter 15, which will not be on the exam.  The review session for Thursday's exam is a half hour after class in the normal room and on Zoom.  NOTE, delete the sentence on the review sheet in Chapter 11 about SRAS moving because LRAS moved.  That was leftover from a semester when I gave an exam before we finished Chapter 11.

11/9: You handed in Homework #9 and I handed out the review sheet.  We then went over Chapter 14.  The budget data I gave came from https://www.cbo.gov/system/files/2023-03/58888-Budget-Infographic.pdf.  The statistics I gave about the debt were as follows:

According to the Treasury Department the gross public debt was $33,723,125,002,884.20 on 2023/11/7. https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny  According to the Census Bureauís population clock at 9:17 on 2023/11/7, the population was about 335,669,794 people http://www.census.gov/popclock/. That means the debt is $101,067.36  per person. According to NASA, the solar system is 4,500,000,000 years old.  https://solarsystem.nasa.gov/solar-system/our-solar-system/in-depth/ Therefore, if you earned 1 penny every 42 seconds (without earning interest) from the start of the solar system, you would not quite have enough to pay the debt. According to the Bureau of Economic Analysis, the GDP for the 12 months which ended September 30th, is estimated to be $27.62 trillion. This means the debt-to-GDP ratio is 1.221. Therefore, the government owes 122.1% of the entire GDP.  https://www.bea.gov/sites/default/files/2023-10/gdp3q23_adv.pdf

11/7: I handed back the homework and went over it.  We then finished Chapter 13.  Remember Homework #9 is due next class.

11/2: We finished Chapter 11 and started Chapter 13.  You handed in Homework #8 and I handed out Homework #9.
10/31: I handed back the homework and went over it.  We then finished Chapter 10.  Remember, Homework #8 is due next class.

10/26: You handed in Homework #7 and I handed out Homework #8.  We then finished Chapter 12 and started Chapter 10.
10/24: We finished Chapter 9 and started Chapter 12.  Remember, Homework #7 is due next class.
10/19: I handed back the exam and went over it.  I also handed out Homework #7.  I found a minor problem with the syllabus.  The problem involves when topics are taught.   I corrected it and posted the revised syllabus.

10/12: You took the test.  If not, contact me ASAP.
10/10: I handed back the homework and went over it.  We also went over more of Chapter 9 and the questions on the review sheet.  The review session for Thursday's exam is tonight at 7:30 in Richardson 021 and online on Zoom.

10/5: You handed in Homework #6 and I handed out the review sheet for next week's exam.  We set the time of the review session as 7:30 on 10/10.  I then finished Chapter 8 and started Chapter 9.
10/3: I handed back the homework and went over it.  We then finished Chapter 7 and started Chapter 8.  Remember, Homework #6 is due next class.

9/28: You handed in Homework #5 and I handed out Homework #6.  We then covered most of Chapter 7.
9/26: I handed back the homework and went over it.  We then finished Chapter 6 and Social Security.  Remember, Homework #5 is due next class.

9/21: You handed in Homework #4 and I handed out Homework #5.  We then covered the exam which I handed back.  There are two versions of the exam, you may want to look at the other one to see if you understood it.

9/19: I handed out Homework #4.  We finished Chapter 5 and started Chapter 6.  Remember, Homework #4 is due next class.
9/14: You took the exam.  If not, contact me ASAP.
9/12: I handed back the homework and went over it.  We also went over the questions on the review sheet.  We then covered more of Chapter 5.  The review session for Thursday's exam is tomorrow at 7:30.

9/7: You handed in Homework #3 and I handed out the review sheet for the exam.  We set the time for the review session as Wednesday 7:30.  We then finished Chapter 4 and started Chapter 5.  There will be a speaker on Tuesday 11:00, probably in the Academic Parlour.  He will be talking about the use of fiat money in the Massachusetts Bay Colony.  It is sponsored by the Economics Club.

9/5: I handed back Homework #2 and went over it.  We then covered half of Chapter 4.  Remember, Homework #3 is due next class.
8/31: You handed in Homework #2 and I handed out Homework #3.  We then went over the rest of Chapter 3.
8/29: I handed back the homework and went over it.  We then finished Chapter 2 and started Chapter 3.  Remember, Homework #2 (which says it is #1, but has a cartoon) is due next class.
8/24: You handed in Homework #1 and I handed out Homework #2.  We then covered Chapter 1 and much of Chapter 2.
2023/8/22:  I handed out the syllabus and first homework assignment. The homework assignment is due Thursday at 2:00 - not 9:30 as printed on the assignment.  We then went over Chapter 1's appendix.
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