Mugxism

Finally finished mugging one round of Macroeconomics last nite today i started my microeconomics... oh man today whole day at home... when i woke up today i feel so tired and lethargic... and very unproductive... in the end... i end up playing games... oh man... so distracted... after dinner then finally push myself to study 1 set of lecture notes of microeconomics... to my realisation... i am very behind time and very lost... haiz... God help me!!! Guess tml onwards must jiayou more liaoz.... yeah to all my NUS frens out there.... dun be like me so lazy.... pls go and mug when u have the time... azaa azaa (Jiayou in korean) to all my fellow mugxist!!! anyway those who are concern about me.. yeah i feel much better now liaoz... thanks for all the encouragement yeah?.... realise after so many years... i grew stronger and stronger each time... yeah... cannot beleive i changed so much hahaha... God is amazing... anyway below are wat i study for the past few days of macroeconomics and some interesting slides...

The IS-LM-FE general equilibirum - meaning the goods market, asset market and full employment line intersects to give general equilibrium... This diagram is the key element in the whole course la... must know at my finger tips

From the intersections of IS and LM at different Price Level, the different output will will give u the aggregate demand and the Long Run Aggregate Supply is given by FE line Short Run Aggregate Supply is given by fixed price level (i.e real wage) intersect with labour demand. Same as IS-LM-FE model, AS-AD model is also importnat part of my module...

Lord of the rings as analogy to explain Reverse Causation.... Interesting....

Analogy of a cutie smiling at you to explain Misconception Theory... Hahaha darn funny la... how true is that especially in everyday life... hahaha

Thanks to these Old Fellows.... my Macro is darn tough la... anyway they are the legends of Macroeconomics. John Maynard Keynes discovered Keynesian Economics and with a famous quote "In the long run, we are all dead", John Hicks with the IS-LM-FE model, Robert Solow with one of his famous discovery Solow Residual and George Akerlof with the Business Cycle theories and child care example.