************************************ Welcome to the Class. Watch this location for class news. ************************************ Grades for exam # 1 . Rough grades are A 60-92 B 40-56 C 32-37 D 25-27 E < 25 Exam # 1 Sum Rank Grade 92 92 1 91 91 2 76 76 3 76 76 3 74 74 5 70 70 6 64 64 7 64 64 7 62 62 9 60 60 10 56 56 11 53 53 12 52 52 13 50 50 14 50 50 14 48 48 16 47 47 17 46 46 18 45 45 19 45 45 19 42 42 21 42 42 21 41 41 23 40 40 24 37 37 25 36 36 26 32 32 27 27 27 28 25 25 29 25 25 29 18 18 31 12 12 32 10 10 33 0 34 0 34 0 34 0 34 48.72727273 20.40874924 For answers # 1 Notes pages 11, 18 plus book # 2 Notes 25-26 plus book # 3 Notes 30 plus book # 4 Notes 19 plus book ********************************************************* A preliminary Simplified Mundell Equation is up on the class ftp location. We will play with this Tuesday night. The consumption and production tax terms have not been implemented. Watch for errors. Improvements made 1 November 2006 ********************************************************* Class notes improved with an interest parity diagram. Next test 14 November 2006 ********************************************************* 8 November 2006 New Excel file for Exchange Rate calculations Help on Exams. I list topics you might look at. I do not list all topics on tests! Exam # 2. You might look at - Effective rate of protection - Factor Price Equalization - Gains from Trade - Increasing and decreasing returns to scale. Final - Arbitrage, spot speculation, forward speculation - Tsiang Proof and effect of Government Intervention - Current events in exchange market - Mundell Equation - Relative Price Reversals ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Posted 16 November Exam 1 Exam 2 Sum Rank 74 81 155 1 76 64 140 2 91 40 131 3 62 68 130 4 92 37 129 5 56 65 121 6 48 73 121 6 41 78 119 8 76 42 118 9 50 65 115 10 70 42 112 11 64 41 105 12 40 64 104 13 60 41 101 14 46 48 94 15 25 67 92 16 47 45 92 16 45 46 91 18 42 48 90 19 52 37 89 20 53 27 80 21 64 14 78 22 25 53 78 22 45 31 76 24 27 44 71 25 37 33 70 26 32 37 69 27 12 43 55 28 50 0 50 29 0 45 45 30 18 26 44 31 42 0 42 32 36 0 36 33 7 7 14 34 10 0 10 35 0 0 0 36