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Taylor Rule

Do we actually need to know the formula? My head is spinning from all these freakin formulas

tmjones2 Wrote:
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> I doubt you would have to calculate it but if you
> know the equation you would probably know
> everything you needed to know about it for concept
> questions (as with many equations on the exam).

tmjones2 is exactly correct. You wont have to calculate it but you would need to know the affect of changes in variables.

Not that it means anything, but there were no Taylor rule questions on the December exam.

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i scored 100% on my eco section, yet i have no idea what taylor rule is, dont think its in the notes?

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