Intermediate Financial Economics Problem Set Please answer all questions (q1-3) in as much detail as possible, full working is required. Course text used can be found here:

http://people.stern.nyu.edu/adamodar/pdfiles/valri. This is a second-year undergraduate course in macroeconomics, which is aimed for students who have a deeper interest in macroeconomics. The course will present and analyze important macroeconomic theories through formal models. We will also look at some examples of empirical work, which illustrate the ways that theories can be applied and tested. Some of the topics we will cover are growth, business cycles, consumption, unemployment, fiscal policy, and budget deficits.
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