HD90 ECF2331 Long Answer Notes

Description

Responses to long-answer type questions, incorporating concepts from multiple weeks into the answers. Uses diagrams to easily explain concepts. Got an HD for this subject and these example responses I created really helped me to develop a better overall understanding of the subject and answer the exam questions effectively. Covers: (1) Divine coincidence (2) Self-correcting mechanism (3) Activist vs non-activist (4) Time inconsistency problem (5) Policy rules vs discretion (6) Keynesian liquidity preferences