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Enron Mail |
It is just an exciting time to be taking macroeconomics...
I) Be sure to follow the rise in interest rates in UK, ECB, and US. We will be discussing the pros & cons of each region's rise. Try to decide if the ECB or the FT editorials (today pp. 12 & 13) are correct on the need for the ECB rate increase. II) You might also glance at articles on falling real estate prices in Japan (p. 4), and the article on Daewoo's bankruptcy (p. 12). III) Yesterday's FT had a long editorial on markets for the inputs into global warming (Thurs. 11/4, p. 14). What are the pros and cons of markets for controlling externalities of this global sort? IV) Hint: A typical set of exam questions might be... Consider one of the following nations that have had special sections in the FT this term: Ireland, Brazil or Ghana. 1. What is are 1 or 2 of the most serious threats to short-run growth in GDP for this nation? 2. What short-run fiscal or monetary policies are appropriate? 3. What is are 1 or 2 of the most serious threats to short-run growth in GDP for this nation? 4. What longer-term policies are appropriate? These are just the sections of this week, and I do not promise to give a large selection of nations (although I will give < 1 unless I choose Japan, Russia, or the EC). David I. Levine Associate professor Haas School of Business ph: 510/642-1697 University of California fax: 510/643-1420 Berkeley CA 94720-1900 email: levine@haas.berkeley.edu http://web.haas.berkeley.edu/www/levine/
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