Lecture notes on the basics of money and banking with audio.
Link to lecture notes. Only includes text.
Ahead of the upcoming test, I have some comments on Homework #1. Question 1: everyone did well, it’s straight forward. Question 2: also no comment. Question 3: some people were 100% correct, but don’t forget to include the value of intrinsic costs. Many people correctly mentioned time with family/children/spouse as an opportunity cost, but didn’t […]