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EC4004 Lecture1 Growth Matters
- 1. EC4004 Lecture 1 Lecture 1 Growth Matters
- 3. <1> <2> Setup Recap <3> Growth Matters
- 4. <1> Setup
- 5. 087 399 8306
- 6. Volunteers Email if you don’t want to be one
- 8. Office: KB 3-46 [email_address] Office Hours: TBA
- 9. </1> Setup
- 10. <2> Recap
- 11. 1. Economic Models 2. Supply and Demand 3. Measuring the Macroeconomy (Handout)
- 12. </2> Recap
- 15. Growth rate of real GDP for year t = (( Yt− Yt−1)/ Yt−1)− 1 Multiply by 100 to get the growth rate of real GDP in percent per year.
- 16. Example: Y2006=105; Y2005=100 Growth Rate = 105-100/100-1*100 =5%
- 22. 086 399 83 06
- 23. Next Time Growth Theory Read Barro Chapter 3