Assignments for Macroeconomics

last updated: February 27, 1998

Readings to date: Chapters 1-4, pp 263-269, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20

11. National Income article due Wednesday March 4. Find a recent article illustrating something that will affect aggregate demand. Anything that affects an element of total spending-- consumption, investment, government, exports, imports-- will affect aggregate demand. Explain the impact on Aggregate Demand. Show the effect on an AD-AS graph. Explain what happens to Income and Price levels.

10. Exam corrections due Monday March 2

9. international finanance (in class Mon-Wed Feb 16-18)

8. International Price Comparisons (due Wednesday Feb 18). Compare US prices to Dominican prices, for a variety of consumer goods. [the list of Dominican prices is available online.] You then need to convert prices to a common currency. For example, coffee in Santo Domingo sold for 29.95 pesos. In US dollars this would be 29.95 pesos/ 14 pesos per dollar = $2.14 US.

7. Deflation (in-class Wednesday Feb 11)

6. Exam Corrections (due Monday Feb. 9) Look over your exam and make corrections on the questions you missed. Provide an explanation for multiple choice answers (eg. a graph, a definition, calculation, etc)

5. Unemployment (in-class Monday Jan 26)

4. Macroeconomic data (in-class Friday Jan 23)

3. Create a Price Index. (due Wednesday Jan. 28) Choose a market basket of 5 (or more) products. Specify a quantity for each. Find the actual price for these products. Calculate the total cost of buying these products.

2. financial portfolio (due Wednesday Jan 21) Create a portfolio of financial instruments worth $100,000. You can put this money into any combination of stocks, bonds, mutual funds, currencies, or other securities. You should specify the financial goal of this investment (eg. retirement savings, short-run speculation, etc) and discuss the risks involved with your portfolio.

1. travel. In-class Jan 5. (if you added this class and missed this assignment, please see me.)