************************************************************** Posted 12 November Project 4 due Friday 2 December 2016 . Midterm 2 part 2 Friday 18 Novemnber -- end of 13th week Final Monday 5 December 2016 in our class room 1-3 Bring pen to test # 2 and final Topics for test # 2 Due to problems for many students on Mid term 2 where the final questions were asked, there will be another test on Friday 18 November 2016 Topics include Monetary and Fiscal policy in fixed and flexible exchange rate systems IS-LM Analysis International capital flows Forward and spot exchange rates and how they are used to make a profitable capital investment and/or purchase/sale outside the home country. Economic stabilization policy including historical record in 1930's and 2007 Production and consumption gains from trade Inflation & deflation Cobb Douglas Production function