The document discusses stakeholders for a project to create a platform to collect and display information on college classes. It identifies three stakeholders - Benjamin Raffleton, an end user who currently combines class databases manually; Roger Freeman, a product manager who wants a centralized repository of class information; and Emilia Smith, a student changing majors who needs guidance on required classes. For each stakeholder, it describes their desires and how the team can obtain input from them to understand user needs and design the platform accordingly.

1. Stakeholders:
· D: Who are they? What are their desires out of this project?
· I: How are we, as a team, going to obtain input from
stakeholders?
Stakeholder: Benjamin Raffleton, Business Operations Manager
D: As an end user, Benjamin is currently using each college’s
databases and combining information for each related major in
an Excel spreadsheet. Unfortunately, this is a long-term project
that has no end in sight. Benjamin hopes to see a platform in the
future that will collect the information he seeks in an automated
fashion. What he hopes to see are classes that are required for
majors in general, then showing available classes for a semester
within a given timeframe, and the general information for the
classes being listed, such as credits for the class, transferrable
to a university or state college, and a simple summary of the
class listed.
I: A way that we, as a team, can elicit input voluntarily from
Benjamin is to discuss the information that should be shown
when listing the majors that a user requests information on. We
can then understand and define what information is important,
and what information isn’t entirely necessary in order to link
majors with the appropriate classes.
Stakeholder: Roger Freeman, Product Manager
D: Roger wants a repository that will contain information on
classes all across universities, and categorize them in an
efficient method such that anyone can easily access the
information stored should they have a need to look up every
tidbit of information that relates to a class, such as the required
textbooks, a general syllabus outline of a class, the number of
units, whether or not the class applies to a major, a general
education fulfillment, the professor teaching the course, class
scheduling, and all applicable class information.

2. I: Our team can discuss with Roger on how much information
can, and should, be shown to users, and what type of
information can be shown, and whether or not some types of
information should be restricted from other users, so as to not
show too much information.
Stakeholder: Emilia Smith, End User
D: Emilia is a student that changed her major from art to
deciding to become a chemist. Because of the major differences
in courses needed for her new major, all of her classes, save for
general education, no longer apply. She wants to have some sort
of app on her phone that will tell her what classes she now
requires to be able to graduate in a moderate amount of time.
This app should also be accommodating to her schedule, such as
classes not overlapping with other classes and her small part-
time job. Another item of importance are notifications for
classes occurring, and when registration for classes will occur.
The app should also be user friendly, but not crash when she is
looking for information or reading on a certain major.
I: There would be a discussion with Emilia on how the app
should be designed so as to not become rocket science in using
the app. Another point of discussion is to target the specifics of
her requirements in order to provide her a great user experience.
Intermediate Macroeconomics Homework # 2
Texas State University ECO 3315
Spring 2018 Prof: Diego Vacaflores
Due Date: At the beginning of class on Thursday, March 22th.
1. Assume that a country’s aggregate production function is
75.025.0 LKY = . Assume

3. also that the saving rate is 40 percent (s=0.4) and that 10
percent of capital
depreciates per year ( 1.0=δ ).
(a) What are capital per worker, output per worker, and
consumption per
worker in the steady state?
(b) What would happen if the economy started with a capital per
worker higher
than the steady state level? Illustrate your answer with a graph.

4. (c) Define the Golden Rule level of capital. Find the Golden
Rule level of
capital per worker, output per worker, consumption per worker,
and investment per
worker, and compare it with your result in (a). Explain. What
would the government
have to do with the saving rate if it wanted the economy to
achieve the Golden Rule
level of capital.
(d) Illustrate graphically what would happen with output per
worker,
consumption per worker, and investment per worker during the

5. transition from a
higher level of steady-state capital per worker to the Golden
Rule level of capital
per worker. Explain with a graph.
2. Suppose that two countries are exactly alike in every respect
except that the
populations growns in Country A at 3% each year (���� =
0.03) while the population
in Country B grows 1% each year (���� = 0.01).
(a) In which country will the capital stock per worker be larger?
Illustrate
graphically.
(b) In which country will the Golden rule level of capital per
worker be higher?
Illustrate graphically.

6. (c) Which country will have the faster growth of output per
worker in steady state?
3. Suppose that the short-run aggregate-supply has a positive
slope. Suppose also that
the economy starts at a long-run equilibrium.
The principal tool used by the Federal Reserve Bank to change
the money supply is
open-market operations. Use the aggregate demand-aggregate
supply model to
illustrate graphically the impact in the short run and the long
run of a Federal Reserve
decision to reduce open-market purchases, effectively reducing
the money supply in
our economy. Be sure to label the axes, the curves, the initial
equilibrium values, the
direction the curve shift and when they do shift, the short-run
equilibrium values, and
the long-run equilibrium values as the economy adjusts to its
long run final
equilibrium. State in words what happens to prices and output in
the short run and
long run.

7. 4. Suppose that the economy starts at a long-run equilibrium
and that the short-run
aggregate supply curve has a positive slope. Now suppose that a
negative demand
shock hits the US.
(a) No Policy Intervention: Using the model of aggregate
demand and aggregate
supply developed in Chapter 10, illustrate graphically the
impact in the short run
and in the long run of this negative demand shock. Be sure to
label the axes, the
curves, the initial equilibrium values, the direction the curves
shift, the short-run
equilibrium values, and the long-run equilibrium values.
Explain what happens
to prices and output in short run and the long run.

8. (b) Policy Intervention: Suppose that you are an economist
working for the
Treasury Department (thus, you can only use fiscal policy tools)
when this
negative demand shock is observed. Using the model of
aggregate demand and
aggregate supply developed in Chapter 10, illustrate graphically
your policy
recommendation to accommodate this adverse demand shock,
assuming that your
top priority is maintaining full employment in the economy. Be
sure to label the
axes, the curves, the initial equilibrium values, the direction the
curves shift, the

9. short-run equilibrium values, and the long-run equilibrium
values. Explain what
happens to prices and output in short run and the long run.
2. Suppose that two countries are exactly alike in every respect
except that the populations growns in Country A at 3% each
year (,�-�.=0.03) while the population in Country B grows 1%
each year (,�-�.=0.01).(a) In which country will the capital
stock per worker be larger? Illustrate graphically.(b) In which
country will the Golden rule level of capital per worker be
higher? Illustrate graphically.(c) Which country will have the
faster growth of output per worker in steady state?3. Suppose
that the short-run aggregate-supply has a positive slope.
Suppose also that the economy starts at a long-run
equilibrium.The principal tool used by the Federal Reserve
Bank to change the money supply is open-market operations.
Use the aggregate demand-aggregate supply model to illustrate
graphically the impact in the short run and the long run of a
Federal Reserve decis...4. Suppose that the economy starts at a
long-run equilibrium and that the short-run aggregate supply
curve has a positive slope. Now suppose that a negative demand
shock hits the US.(a) No Policy Intervention: Using the model
of aggregate demand and aggregate supply developed in Chapter
10, illustrate graphically the impact in the short run and in the
long run of this negative demand shock. Be sure to label the
axes, the curves, ...(b) Policy Intervention: Suppose that you are
an economist working for the Treasury Department (thus, you
can only use fiscal policy tools) when this negative demand
shock is observed. Using the model of aggregate demand and
aggregate supply developed...
Header: User successfully creates a SchoolSearch account.
GIVEN Melanie is on the account creation page

10. WHEN she enters all the required registration fields
AND it is validated
THEN a SchoolSearch account is created
Header: User successfully searches for courses
GIVEN Muhammad has their education profile completed
WHEN he inputs a desired zip code
AND desired course query results are found
AND the classes match the search criteria
THEN the program displays desired courses
Header: User successfully fills out an education profile
GIVEN Zach is in the education profile page
WHEN he fills out all desired information
AND it is accepted
THEN the program gives him a list of recommended courses
Header: User successfully creates an administrator profile
GIVEN Dean is on the administrator profile page
WHEN he fills out all required registration fields
AND it is validated
THEN a SchoolSearch account is updated to become an
administrator account
Header: User successfully creates a counselor profile
GIVEN Counselor is on the counselor profile page
WHEN he fills out all required registration fields
AND it is validated
THEN a SchoolSearch account is updated to become a counselor
account