economics cfa 17 april

7/31/2019 Economics CFA 17 April

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Economics CFA

By Shivgan Joshi

http://stockcreditfinancecfa.blogspot.in/
http://stockcreditfinancecfa.blogspot.in/http://stockcreditfinancecfa.blogspot.in/


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Content

Microeconomics

Market Structure & Macroeconomic Analysis

Monetary and fiscal policy


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Microeconomics

Elasticity

Efficiency and Equity

Markets in action Organizing production

Output and Costs


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Market structure and macroeconomics

Perfect competition

Monopolistic competition and oligopoly

Market for factors f production Monitoring jobs and price levels

Aggregate supply and demand


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Monetary and fiscal economics

Money price levels and inflation

Us inflation, unemployment and business

cycle

Fiscal policy

Monetary policy

An overview of central bank


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Elasticity

Elasticity of demand

Elasticity of supply

1 issues


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Motivation


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Resources


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Efficiency and Equity

Resource allocation methods

Demand and marginal benefit

Supply and marginal cost Competitive market


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Market in action

Housing

Labor

Tax Subsidies

Illegal goods


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Organizing production

The firm and economic problem

Technology and economic efficiency

Information and organization Markets and firms


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Output and cost

Decision time frames

Short run technology constrains

Short run costs Long run costs


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Perfect competition


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Monopoly


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Monopolistic competition & oligopoly


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Market for factors of production


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Monitoring job and price level


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Aggregates supply and aggregate

demand

Remains same


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Money, price level and inflation

4 services of depository

Federal reserve

Real money


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US inflation, unemployment and

business cycle

Gdp vs inflation

Business cycle

Types of inflation Phillip curve


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Fiscal Policy

Made of federal budget

Budget defeciet

Tax wedge Laffer curve

Ricardo

Imbalance


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Monetary policy

3 aspects

FOMC

Instrument rule Targeting rule

Federal fund rate


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Central banks


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Questions


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Videos


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Consumer Demand

The new and challenging chapter


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Tax on seller vs tax on buyers

Small areas of interest is the tax effect on the

supply and movement and how they would

shift when the tax burden is placed on either

of the sides.

When we come to the area of curves, the

notion about MC=MR is an important concept

which is the pillar for 4-5 chapters.


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Taylor

Phillip

M2

Laffer CurveHHI Index

CPI

Symmetry Principle which says the resultsshould be symmetrical

Automatic Stabilizers


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Video Series on Economics

1. Tax Effects

2. Organizing Production

3. Market for factors of Production4. Output and Costs

5. Macro Economics

6. Market in Action7. Aggregates supply and aggregate demand


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conclusion

501 pages


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GDP

Expenditure Method GDP=C+I+G+(X-M)

Net Income method

C+I+G+(X-M)=C+S+T S=I+(G-T)+(X-M)

G-T = (S-I)(X-M)

http://en.wikipedia.org/wiki/Twin_deficits_hypothesis
http://en.wikipedia.org/wiki/Twin_deficits_hypothesishttp://en.wikipedia.org/wiki/Twin_deficits_hypothesishttp://en.wikipedia.org/wiki/Twin_deficits_hypothesishttp://en.wikipedia.org/wiki/Twin_deficits_hypothesis


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IS curves

Saving, investment, fiscal balance and trade

balance

Equations

Investment saving graph

Changes made to help to understand Currency

etc


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Elastic Approach


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Velocity

MV= PY

LM curve


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Auction

economics cfa 17 april

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