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<title>Econ 420 -- Fall 2007</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/" />
<modified>2007-12-09T04:17:00Z</modified>
<tagline></tagline>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13</id>
<generator url="http://www.movabletype.org/" version="3.11">Movable Type</generator>
<copyright>Copyright (c) 2007, bparke</copyright>
<entry>
<title>Q &amp; A</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/12/q_a_2.html" />
<modified>2007-12-09T04:17:00Z</modified>
<issued>2007-12-05T04:23:35Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.363</id>
<created>2007-12-05T04:23:35Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p><img alt="PC040048a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PC040048a.jpg" width="320" height="241" /></p>

<p><img alt="PC040049a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PC040049a.jpg" width="640" height="309" /><br />
</p>]]>
</content>
</entry>
<entry>
<title>Open Economy Macro II</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/11/open_economy_ma_1.html" />
<modified>2007-12-08T22:49:24Z</modified>
<issued>2007-11-30T04:23:02Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.362</id>
<created>2007-11-30T04:23:02Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p><img alt="PB290028a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB290028a.jpg" width="640" height="386" /></p>

<p><img alt="PB290030a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB290030a.jpg" width="640" height="402" /></p>

<p><img alt="PB290032a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB290032a.jpg" width="640" height="380" /><br />
</p>]]>
</content>
</entry>
<entry>
<title>Open Economy Macro I</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/11/open_economy_ma.html" />
<modified>2007-12-08T22:45:23Z</modified>
<issued>2007-11-28T04:22:06Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.361</id>
<created>2007-11-28T04:22:06Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p><img alt="PB270002a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB270002a.jpg" width="320" height="412" /></p>

<p><img alt="PB270004a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB270004a.jpg" width="480" height="311" /></p>

<p><img alt="PB270006a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB270006a.jpg" width="480" height="446" /></p>

<p><img alt="PB270007a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB270007a.jpg" width="480" height="501" /></p>

<p><img alt="PB270009a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB270009a.jpg" width="480" height="117" /><br />
</p>]]>
</content>
</entry>
<entry>
<title>Midterm 2 Answers</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/11/midterm_2_answe.html" />
<modified>2007-11-21T22:38:42Z</modified>
<issued>2007-11-20T22:34:34Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.360</id>
<created>2007-11-20T22:34:34Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p><img alt="PB200028a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB200028a.jpg" width="480" height="480" /></p>

<p><img alt="PB200031a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB200031a.jpg" width="480" height="271" /></p>

<p><img alt="PB200032a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB200032a.jpg" width="480" height="233" /></p>

<p><img alt="PB200035a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB200035a.jpg" width="480" height="269" /></p>

<p><img alt="PB200037a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB200037a.jpg" width="320" height="422" /></p>

<p><img alt="PB200040a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB200040a.jpg" width="480" height="481" /></p>

<p><img alt="PB200041a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB200041a.jpg" width="640" height="523" /></p>

<p><img alt="PB200044a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB200044a.jpg" width="640" height="494" /><br />
</p>]]>
</content>
</entry>
<entry>
<title>Q &amp; A</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/11/q_a_1.html" />
<modified>2007-11-14T03:06:05Z</modified>
<issued>2007-11-14T03:00:46Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.352</id>
<created>2007-11-14T03:00:46Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p>Simple crowding out:</p>

<p><img alt="P1010052a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/P1010052a.jpg" width="320" height="357" /></p>

<p>Crowding out in the context of an IS/LM Model:</p>

<p><img alt="P1010050a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/P1010050a.jpg" width="640" height="450" /></p>

<p><img alt="P1010054a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/P1010054a.jpg" width="320" height="414" /><br />
</p>]]>
</content>
</entry>
<entry>
<title>Monetary Policy</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/11/post.html" />
<modified>2007-11-14T03:27:52Z</modified>
<issued>2007-11-09T03:21:18Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.354</id>
<created>2007-11-09T03:21:18Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p>An increase in the money supply causes an increase in the price level, which partially erodes the increase in the real money supply.</p>

<p><img alt="PB080026a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB080026a.jpg" width="640" height="398" /><br />
</p>]]>
</content>
</entry>
<entry>
<title>The Phillips Curve</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/11/the_phillips_cu.html" />
<modified>2007-11-14T03:21:11Z</modified>
<issued>2007-11-07T03:06:11Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.353</id>
<created>2007-11-07T03:06:11Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p>Two views of business cycles:</p>

<p><img alt="PB060011a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB060011a.jpg" width="320" height="327" /></p>

<p><img alt="PB060014a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB060014a.jpg" width="320" height="360" /></p>

<p>The actual data:</p>

<p><img alt="PB060016a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB060016a.jpg" width="480" height="401" /></p>

<p>The natural rate interpretation of the 1970s data:</p>

<p><img alt="PB060020a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB060020a.jpg" width="320" height="353" /></p>

<p>The real business cycles interpretation of the 1970s data:</p>

<p><img alt="PB060025a.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PB060025a.jpg" width="480" height="483" /></p>]]>
</content>
</entry>
<entry>
<title>Monetarism</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/11/monetarism.html" />
<modified>2007-11-05T01:08:12Z</modified>
<issued>2007-11-01T21:24:40Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.350</id>
<created>2007-11-01T21:24:40Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p><img alt="PB010093a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/PB010093a.jpg" width="240" height="182" /></p>

<p><img alt="PB010096a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/PB010096a.jpg" width="640" height="343" /></p>

<p><img alt="PB010097a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/PB010097a.jpg" width="240" height="254" /></p>

<p><img alt="PB010099a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/PB010099a.jpg" width="240" height="133" /><br />
</p>]]>
</content>
</entry>
<entry>
<title>Discussion of Merrill Lynch</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/10/discussion_of_m.html" />
<modified>2007-11-04T21:26:42Z</modified>
<issued>2007-10-30T21:24:17Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.349</id>
<created>2007-10-30T21:24:17Z</created>
<summary type="text/plain">The CEO at Merrill Lynch is out over $8.2 Billion in write-offs related to, among other things, mortgages and associated investments....</summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">
<![CDATA[<p>The CEO at Merrill Lynch is out over $8.2 Billion in write-offs related to, among other things, mortgages and associated investments.<br />
</p>]]>

</content>
</entry>
<entry>
<title>Keynesian Aggregate Supply</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/10/keynesian_aggre_1.html" />
<modified>2007-11-05T00:16:47Z</modified>
<issued>2007-10-25T15:17:43Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.346</id>
<created>2007-10-25T15:17:43Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p><img alt="P1010059a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010059a.jpg" width="480" height="303" /></p>

<p><img alt="P1010061a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010061a.jpg" width="640" height="340" /></p>

<p><img alt="P1010063a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010063a.jpg" width="320" height="342" /></p>

<p><img alt="P1010065a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010065a.jpg" width="640" height="379" /></p>

<p><img alt="P1010067a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010067a.jpg" width="320" height="277" /></p>

<p><img alt="P1010069b.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010069b.jpg" width="640" height="351" /><br />
</p>]]>
</content>
</entry>
<entry>
<title>Keynesian Aggregate Demand</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/10/keynesian_aggre.html" />
<modified>2007-11-05T00:10:04Z</modified>
<issued>2007-10-23T15:17:16Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.345</id>
<created>2007-10-23T15:17:16Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p><img alt="P1010037a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010037a.jpg" width="320" height="479" /></p>

<p><img alt="P1010039a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010039a.jpg" width="640" height="419" /></p>

<p><img alt="P1010041a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010041a.jpg" width="640" height="538" /></p>

<p><img alt="P1010044a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010044a.jpg" width="640" height="532" /></p>

<p><img alt="P1010047a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010047a.jpg" width="640" height="222" /><br />
</p>]]>
</content>
</entry>
<entry>
<title>The Supply of Money</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/10/the_supply_of_m.html" />
<modified>2007-11-05T00:04:01Z</modified>
<issued>2007-10-16T15:16:05Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.344</id>
<created>2007-10-16T15:16:05Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p><img alt="P1010014a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010014a.jpg" width="640" height="441" /></p>

<p><img alt="P1010017a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010017a.jpg" width="240" height="164" /></p>

<p><img alt="P1010019b.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010019b.jpg" width="240" height="191" /></p>

<p><img alt="P1010021a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/P1010021a.jpg" width="640" height="375" /><br />
</p>]]>
</content>
</entry>
<entry>
<title>The Demand for Money and the LM Curve</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/10/lm_curve.html" />
<modified>2007-11-05T00:00:02Z</modified>
<issued>2007-10-11T15:10:28Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.343</id>
<created>2007-10-11T15:10:28Z</created>
<summary type="text/plain">We would like to have a theory of the demand for money that does not simply put money in agents&apos; utility functions. The Keynesian transactions demand story is one possibility....</summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">
<![CDATA[<p>We would like to have a theory of the demand for money that does not simply put money in agents' utility functions.  The Keynesian transactions demand story is one possibility.<br />
</p>]]>
<![CDATA[<p><img alt="PA110027a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/PA110027a.jpg" width="240" height="232" /></p>

<p><img alt="PA110029a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/PA110029a.jpg" width="240" height="335" /></p>

<p><img alt="PA110030a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/PA110030a.jpg" width="320" height="245" /></p>

<p><img alt="PA110030b.jpg" src="http://parke.econ-courses.com/570fall2007/archives/PA110030b.jpg" width="240" height="120" /></p>

<p><img alt="PA110034a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/PA110034a.jpg" width="480" height="295" /></p>

<p><img alt="PA110036a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/PA110036a.jpg" width="480" height="357" /></p>

<p><img alt="PA110038a.jpg" src="http://parke.econ-courses.com/570fall2007/archives/PA110038a.jpg" width="640" height="429" /><br />
</p>]]>
</content>
</entry>
<entry>
<title>Midterm 1 Answers</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/10/midterm_1_answe.html" />
<modified>2007-10-27T18:51:42Z</modified>
<issued>2007-10-09T15:09:01Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.342</id>
<created>2007-10-09T15:09:01Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">

<![CDATA[<p><img alt="PA090001c.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PA090001c.jpg" width="480" height="421" /></p>

<p><img alt="PA090009c.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PA090009c.jpg" width="640" height="430" /></p>

<p><img alt="PA090003c.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PA090003c.jpg" width="320" height="376" /></p>

<p><img alt="PA090004c.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PA090004c.jpg" width="640" height="513" /></p>

<p><img alt="PA090012c.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PA090012c.jpg" width="640" height="541" /></p>

<p><img alt="PA090006c.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PA090006c.jpg" width="480" height="510" /></p>

<p><img alt="PA090014c.jpg" src="http://parke.econ-courses.com/420fall2007/archives/PA090014c.jpg" width="480" height="238" /></p>]]>
</content>
</entry>
<entry>
<title>Midterm 1</title>
<link rel="alternate" type="text/html" href="http://parke.econ-courses.com/420fall2007/archives/2007/10/midterm_1.html" />
<modified>2007-10-27T15:05:02Z</modified>
<issued>2007-10-04T15:04:47Z</issued>
<id>tag:parke.econ-courses.com,2007:/420fall2007/13.340</id>
<created>2007-10-04T15:04:47Z</created>
<summary type="text/plain"></summary>
<author>
<name>bparke</name>

<email>bill@econmodel.com</email>
</author>

<content type="text/html" mode="escaped" xml:lang="en" xml:base="http://parke.econ-courses.com/420fall2007/">


</content>
</entry>

</feed>