2022 Final Exam
Practice Exams:
Additional Practice:
2019 Midterm #2
2019 Final Exam
Supplementary Readings Directly Tested:
“The Future of Inflation” series (Ruchir Agarwal and Miles Kimball in the International Monetary Fund’s online journal “Finance and Development”):
At this link is a table detailing some of the costs and benefits of inflation we address in Part II
I highly recommend that you listen to the associated podcasts as well. Here are the links: “Ruchir Agarwal and Miles Kimball on Negative Interest Rates and Inflation—IMF Podcasts.” In theory, the exam questions should be answerable based on what is in the 3 readings 1,2,3 above, but the podcasts are going to make things a lot easier to understand.
Other supplementary readings directly tested:
Videos You Need to Watch:
Analyzing the Great Depression Using Supply and Demand for the Monetary Base (9 min.)
More Analysis of the Great Depression Using Supply and Demand for the Monetary Base (5 min.)
The Costs of Inflation (20 min.)
Why We Want More Jobs (47 min.)
Keeping Aggregate Demand on Track (22 min.)
Why the Fed Should Keep the Output Gap Equal to Zero (13 min.)
Lecture on Negative Interest Rate Policy (66 min.)
Takeaways about Economic Growth (15 min.)
Hans Rosling's 200 Countries, 200 Years, 4 Minutes - The Joy of Stats - BBC Four
Readings Associated with the Videos Above and Otherwise Helpful for at Least One of the Exam Questions (These Readings Not Directly Tested):
Optimal Monetary Policy: Could the Next Big Idea Come from the Blogosphere?
Supply and Demand for the Monetary Base: How the Fed Currently Determines Interest Rates
How and Why to Eliminate the Zero Lower Bound: A Reader’s Guide (many, many resources on negative interest rate policy, if you want to go deeper)
Slides:
Old Chapter 6 slides
Old Chapter 7 slides
Old Chapter 8 slides
Old Chapter 9 slides