ECON 410 · Section 2 — Exam Review

Production · Factor Markets · Goods Market · Crowding Out — Mankiw Ch.3

Section 2 Exam Review

Three study modes — pick what fits your goal today.

Mode 1 — Timed Practice Exam

25 questions, 45-minute timer, mixed topics. Use after you've studied.

Mode 2 — By-Topic Practice

Drill specific weak areas — production, factor markets, goods market, crowding out. No timer.

Mode 3 — Flashcards

Quick concept review. Click to flip. Last-minute prep.

What's on the exam?

  • Production function (~7 Q): CRS, MPL/MPK, Cobb-Douglas algebra
  • Factor markets (~6 Q): W/P = MPL, R/P = MPK, factor shares, Euler
  • Goods market (~6 Q): C, I, G, S = I, finding r*
  • Crowding out (~6 Q): ΔG vs ΔT, partial vs full crowding out, comparative statics

Timed Practice Exam — Section 2

25 questions, randomly ordered. 45-minute timer.

25
Questions
45
Minutes
4
Topics

Pick a topic to drill

8–10 questions per topic. Instant feedback.

⚙️ Production function

CRS, marginal products, Cobb-Douglas algebra · 10 questions

👷 Factor markets

Real wage, real rental rate, factor shares, Euler · 9 questions

💰 Goods market

C, I, G, saving, finding r* · 8 questions

🏛️ Crowding out

ΔG vs ΔT, partial vs full crowding out · 8 questions

Flashcards — Section 2 concepts

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