Quote
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"Political Economy or Economics is a study of [people] in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing."
--Alfred Marshall, Principles of Economics (1890)
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Links
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U.S. Bureau of Labor Statistics (employment, unemployment, CPI)
U.S. Bureau of Economic Analysis
(GDP and its components)
Federal Reserve Board of Governors
(money supply, interest rates, monetary policy, foreign exchange rates)
FRED Economic Data
(time-series data and graphs)
Congressional Budget Office
(forecasts of GDP, unemployment, inflation, budget deficits, etc.)
System of National Accounts (details of how GDP should be calculated, endorsed by IMF, World Bank, and OECD)
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Old Exams
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"Amateurs practice till they get it right.
Professionals practice till they can't get it wrong."
Exams are in PDF format. Answer keys are in HTML format.
Fall 2024
Spring 2022
Fall 2014
- Exam 1: Introduction to Economics.
Version A,
Version B,
Version C,
Answer key.
- Exam 2: National Income and Product Accounts.
Version A,
Version B,
Version C,
Answer key.
- Exam 3: Long-Run Economic Growth and Inflation.
Version A,
Version B,
Version C,
Answer key.
- Exam 4: Short-Run Business Cycles.
Version A,
Version B,
Version C,
Answer key.
- Final Exam:
Version A,
Version B,
Version C,
Answer key.
Fall 2013
- Exam 1: Introduction to Economics.
Version A,
Version B,
Version C,
Answer key.
- Exam 2: National Income and Product Accounts.
Version A,
Version B,
Version C,
Answer key.
- Exam 3: Long-Run Economic Growth and Inflation.
Version A,
Version B,
Version C,
Answer key.
- Exam 4: Short-Run Business Cycles.
Version A,
Version B,
Version C,
Answer key.
- Final Exam:
Version A,
Version B,
Version C,
Answer key.
Fall 2012
- Exam 1: Introduction to Economics.
Version A,
Version B,
Version C,
Answer key.
- Exam 2: National Income and Product Accounts.
Version A,
Version B,
Version C,
Answer key.
- Exam 3: Long-Run Economic Growth and Inflation.
Version A,
Version B,
Version C,
Answer key.
- Exam 4: Short-Run Business Cycles.
Version A,
Version B,
Version C,
Answer key.
- Final Exam:
Version A,
Version B,
Version C,
Answer key.
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