ECON 410 · Section 3 — Exam Review

Money & Banking · QTM · Fisher · Costs of Inflation · Hyperinflation — Mankiw Ch.4–5

Section 3 Exam Review

Three study modes — pick what fits your goal today.

Mode 1 — Timed Practice Exam

25 questions, 45-minute timer, mixed topics.

Mode 2 — By-Topic Practice

Drill specific weak areas. No timer.

Mode 3 — Flashcards

Quick concept review. Click to flip.

What's on the exam?

  • Money & Banking (~6 Q): functions, M1/M2, multiplier, Fed tools
  • Quantity Theory (~7 Q): MV=PY, money growth → inflation, classical dichotomy
  • Fisher Effect (~6 Q): i=r+π^e, real vs nominal, ex ante vs ex post
  • Costs + Hyperinflation (~6 Q): seigniorage, hyperinflation causes/endings

Timed Practice Exam — Section 3

25 questions, randomly ordered. 45-minute timer.

25
Questions
45
Minutes
4
Topics

Pick a topic to drill

Instant feedback. No timer.

🏦 Money & Banking

M1/M2, money multiplier, Fed tools · 8 questions

📊 Quantity Theory

MV=PY, inflation = ΔM% − ΔY%, money neutrality · 9 questions

📈 Fisher Effect

i = r + π^e, ex ante/post real rate · 8 questions

💥 Costs + Hyperinflation

Seigniorage, hyperinflation causes and endings · 8 questions

Flashcards — Section 3 concepts

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