LDC Project Rubric

Homework:
You will be creating an ongoing visual presentation of your LDC
Using your selected LDC...

Names with countries of choice - If you haven't picked a country yet, look at the list and fill in your choice next to your name

• Determine the characteristics that your LDC displays
• Data breakdown
• Population growth rate (Birth Rate)
• Dependency Ratio
• Unemployment data
• Health indicators
• Education Indicators
• GDP, GNI and PPP
• Give a breakdown of your LDC's diversity
• Resources
• Historical background
• Geography and demographics
• Ethnicity and Race
• Structure of Industry (Jobs)
• Per Capita Income levels
• Political structures
• Using the Millennial Development Goals, determine if your LDC has reached those goals based on their most recent numbers.
• Use both single and composite measurements of development to analyze your LDC
• Make sure to compare GDP and GNI and discuss any Foreign Direct Investment in your LDC
• Create a Lorenz Curve for your LDC
• Analyze your LDC's capability of economic development
• domestic barriers of development
• international barriers of development
• Evaluate possible solutions that could help create economic development in your LDC

Sample Exam Questions

Paper 1
The day 1 exam covers micro and macro concepts.

2016
SL Paper 1 Time Zone 1   - Markscheme
SL Paper 1 Time Zone 2   - Markscheme

2014
SL Paper 1 Time Zone 1 - Markscheme
SL Paper 1 Time Zone 2  - Markscheme

2013
SL Paper 1 Time Zone 1 - Markscheme
SL Paper 1 Time Zone 2 - Markscheme

2012
SL Paper 1 Time Zone 1  - Markscheme
SL Paper 1 Time Zone 2 - Markscheme


Paper 2
The day 2 exam covers international and developmental concepts

2016 - SL Paper 2 - Markscheme

2014 - SL Paper 2 - Markscheme

2013 - SL Paper 2 - Markscheme

2012 - SL Paper 2 - Markscheme

Monday April 29

New Concepts

• Strategies to help Increase Economic Development
• Trade and protectionist strategies
• Foreign Direct Investment
• Aid

Resources:

• Power Point - Strategies
• List of Developing Countries
• 
  Names with countries of choice - If you haven't picked a country yet, look at the list and fill in your choice next to your name
  
  Power Point - Characteristics of Developing Countries
          Also includes Diversity among Developing Countries and the Millennial Goals
  
  UN Website - Millennial Development Goals
  
  UN Website - Data Reports
  
  CIA World Factbook
Homework:

LDC Report


You will be creating an ongoing visual presentation of your LDC
Using your selected LDC...


• Determine the characteristics that your LDC displays
• Data breakdown
• Population growth rate (Birth Rate)
• Dependency Ratio
• Unemployment data
• Health indicators
• Education Indicators
• GDP, GNI and PPP
• Give a breakdown of your LDC's diversity
• Resources
• Historical background
• Geography and demographics
• Ethnicity and Race
• Structure of Industry (Jobs)
• Per Capita Income levels
• Political structures
• Using the Millennial Goals, determine if your LDC has reached those goals based on 2016 numbers
• Use both single and composite measurements of development to analyze your LDC
• Make sure to compare GDP and GNI and discuss any Foreign Direct Investment in your LDC
• Create a Lorenz Curve for your LDC
• Analyze your LDC's capability of economic development
• domestic barriers of development
• international barriers of development
• What does your country need to help them reach the 17 Sustainable Development Goals?
• Evaluate possible solutions that could help create economic development in your LDC

Wednesday April 24

New Concepts:

• Measuring Economic Development
• Single Indicators
• Financial
• Health
• Education
• Composite Indicators
• HDI
• Other Composite Indicators

Resources:

Power Point - Measuring Development

Understanding Purchasing Power Parity

Interactive Big Mac Index - The Economist

Power Point - Characteristics of Developing Countries
        Also includes Diversity among Developing Countries and the Millennial Goals

UN Website - Sustainable Development Goals

UN Website - Data Reports

CIA World Factbook

Homework:

You will be creating an ongoing visual presentation of your LDC

Using your selected LDC...

• Determine the characteristics that your LDC displays
• Data breakdown
• Population growth rate (Birth Rate)
• Dependency Ratio
• Unemployment data
• Health indicators
• Education Indicators
• GDP, GNI and PPP
• Give a breakdown of your LDC's diversity
• Resources
• Historical background
• Geography and demographics
• Ethnicity and Race
• Structure of Industry (Jobs)
• Per Capita Income levels
• Political structures
• Using the Millennial Goals, determine if your LDC has reached those goals based on 2016 numbers
• Use both single and composite measurements of development to analyze your LDC
• Make sure to compare GDP and GNI and discuss any Foreign Direct Investment in your LDC
• Create a Lorenz Curve for your LDC
• Analyze your LDC's capability of economic development
• domestic barriers of development
• international barriers of development
• What does your country need to help them reach the 17 Sustainable Development Goals?
• Evaluate possible solutions that could help create economic development in your LDC

Tuesday April 23

New Concepts:

• Measuring Economic Development
• Single Indicators
• Financial
• Health
• Education
• Composite Indicators
• HDI
• Other Composite Indicators

Resources:

Power Point - Measuring Development

Understanding Purchasing Power Parity

Interactive Big Mac Index - The Economist

Power Point - Characteristics of Developing Countries
        Also includes Diversity among Developing Countries and the Millennial Goals

UN Website - Sustainable Development Goals

UN Website - Data Reports

CIA World Factbook

Homework:

You will be creating an ongoing visual presentation of your LDC

Using your selected LDC...

• Determine the characteristics that your LDC displays
• Data breakdown
• Population growth rate (Birth Rate)
• Dependency Ratio
• Unemployment data
• Health indicators
• Education Indicators
• GDP, GNI and PPP
• Give a breakdown of your LDC's diversity
• Resources
• Historical background
• Geography and demographics
• Ethnicity and Race
• Structure of Industry (Jobs)
• Per Capita Income levels
• Political structures
• Using the Millennial Goals, determine if your LDC has reached those goals based on 2016 numbers
• Use both single and composite measurements of development to analyze your LDC
• Make sure to compare GDP and GNI and discuss any Foreign Direct Investment in your LDC
• Create a Lorenz Curve for your LDC
• Analyze your LDC's capability of economic development
• domestic barriers of development
• international barriers of development
• What does your country need to help them reach the 17 Sustainable Development Goals?
• Evaluate possible solutions that could help create economic development in your LDC

Thursday April 18

New Concepts:

• Measuring Economic Development
• Single Indicators
• Financial
• Health
• Education
• Composite Indicators
• HDI
• Other Composite Indicators

• Sustainable Development Goals (New UN Goals)
• Carbon Footprints

Resources:

A Lazy Person's Guide to Saving the World

Calculating Your Carbon Footprint

Power Point - Measuring Development

Understanding Purchasing Power Parity

Interactive Big Mac Index - The Economist

Power Point - Characteristics of Developing Countries

UN Website - Sustainable Development Goals

UN Website - Data Reports

CIA World Factbook


Homework: Due Tuesday April 23
1. Calculate your carbon footprint
2. Devise a 10-point personal plan to save the world

Tuesday April 16

New Concepts:

• Distinguish between economic growth and economic development
• What makes countries wealthy?
• Common characteristics of developing countries
• Diversity between developing countries

Resources:
List of Developing Countries

Names with countries of choice - If you haven't picked a country yet, look at the list and fill in your choice next to your name

Power Point - Characteristics of Developing Countries
        Also includes Diversity among Developing Countries and the Millennial Goals

UN Website - Millennial Development Goals

UN Website - Data Reports

CIA World Factbook

Homework:
You will be creating an ongoing visual presentation of your LDC
Using your selected LDC...

• Determine the characteristics that your LDC displays
• Data breakdown
• Population growth rate (Birth Rate)
• Dependency Ratio
• Unemployment data
• Health indicators
• Education Indicators
• GDP, GNI and PPP
• Give a breakdown of your LDC's diversity
• Resources
• Historical background
• Geography and demographics
• Ethnicity and Race
• Structure of Industry (Jobs)
• Per Capita Income levels
• Political structures
• Using the Millennial Goals, determine if your LDC has reached those goals based on 2016 numbers
• Use both single and composite measurements of development to analyze your LDC
• Make sure to compare GDP and GNI and discuss any Foreign Direct Investment in your LDC
• Create a Lorenz Curve for your LDC
• Analyze your LDC's capability of economic development
• domestic barriers of development
• international barriers of development
• What does your country need to help them erach the 17 Sustainable Development Goals?
• Evaluate possible solutions that could help create economic development in your LDC

Monday April 15

Begin Developmental Economics:

New Concepts:

• Distinguish between economic growth and economic development
• What makes countries wealthy?
• Common characteristics of developing countries
• Diversity between developing countries

Resources:
List of Developing Countries

Names with countries of choice - If you haven't picked a country yet, look at the list and fill in your choice next to your name

Power Point - Characteristics of Developing Countries
        Also includes Diversity among Developing Countries and the Millennial Goals

UN Website - Millennial Development Goals

UN Website - Data Reports

CIA World Factbook

Homework:
You will be creating an ongoing visual presentation of your LDC
Using your selected LDC...

• Determine the characteristics that your LDC displays
• Data breakdown
• Population growth rate (Birth Rate)
• Dependency Ratio
• Unemployment data
• Health indicators
• Education Indicators
• GDP, GNI and PPP
• Give a breakdown of your LDC's diversity
• Resources
• Historical background
• Geography and demographics
• Ethnicity and Race
• Structure of Industry (Jobs)
• Per Capita Income levels
• Political structures
• Using the Millennial Goals, determine if your LDC has reached those goals based on 2016 numbers
• Use both single and composite measurements of development to analyze your LDC
• Make sure to compare GDP and GNI and discuss any Foreign Direct Investment in your LDC
• Create a Lorenz Curve for your LDC
• Analyze your LDC's capability of economic development
• domestic barriers of development
• international barriers of development
• What does your country need to help them erach the 17 Sustainable Development Goals?
• Evaluate possible solutions that could help create economic development in your LDC

Friday April 12

New Topic:

• World Trade Organization
• Purpose, Functions and Objectives

Homework - Due Monday April 12

WTO Brochure

Thursday April 11

New Topic:

• World Trade Organization
• Purpose, Functions and Objectives

Homework   due Monday 4/15

WTO Brochure

Wednesday April 10

New Topic:

• World Trade Organization
• Purpose, Functions and Objectives

Homework

WTO Brochure

Monday April 8

New Topics

• Economic Integration
• Bi-Lateral and Multilateral Trade agreements
• Trade Blocs

Resources

• Power Point - Economic Integration

Homework:

Read Chapter 25 - Economic Integration

Friday April 5

New Topics

• Economic Integration
• Bi-Lateral and Multilateral Trade agreements
• Trade Blocs

Resources

• Power Point - Economic Integration

Homework:

Read Chapter 25 - Economic Integration

Thursday April 4

Pop Quiz - Balance of Payments

New Topics

• Economic Integration
• Bi-Lateral and Multilateral Trade agreements
• Trade Blocs

Resources

• Power Point - Economic Integration

Homework:

Read Chapter 25 - Economic Integration

Wednesday April 3

New Concepts:

• Balance of Payments Problems
• What is the capital account?
• How do we balance the current and capital accounts?
• Current Account deficit/surplus and impact on trade

Activity:

• Go over Homework - Imbalance of Payments  
• Answers to Homework - Imbalance of Payments Key

Resources:
Khan Academy Video - What is the Current Account?

     Describes what is in the Current Account and how we calculate a deficit or surplus

Khan Academy Video - What is the Capital Account?

      Describes the Capital account and how we calculate a deficit or surplus

Khan Academy Video - Why Current and Capital Accounts net out?

Power Point - Balance of Payments

Khan Academy Video - Accumulating Foreign Currency Reserves

Khan Academy Video - Using Foreign Currency Reserves to Stabilize Exchange Rates

Homework:
End of Chapter Review - Do questions 1 and 2 only

Tuesday April 2

New Concepts:

• Balance of Payments Problems
• What is the capital account?
• How do we balance the current and capital accounts?

Resources:
Khan Academy Video - What is the Current Account?

     Describes what is in the Current Account and how we calculate a deficit or surplus

Khan Academy Video - What is the Capital Account?

      Describes the Capital account and how we calculate a deficit or surplus

Khan Academy Video - Why Current and Capital Accounts net out?

Power Point - Balance of Payments

Khan Academy Video - Accumulating Foreign Currency Reserves

Khan Academy Video - Using Foreign Currency Reserves to Stabilize Exchange Rates

Homework:
Imbalance of Payments  Due Wednesday April 3

Monday April 1

New Concepts:

• Balance of Payments Problems
• What is the current account?

Resources:
Khan Academy Video - What is the Current Account?

     Describes what is in the Current Account and how we calculate a deficit or surplus

Khan Academy Video - What is the Capital Account?

      Describes the Capital account and how we calculate a deficit or surplus

Khan Academy Video - Why Current and Capital Accounts net out?

Power Point - Balance of Payments

Khan Academy Video - Accumulating Foreign Currency Reserves

Khan Academy Video - Using Foreign Currency Reserves to Stabilize Exchange Rates

Homework:
Read Chapter 24

Tuesday March 19

Pop Quiz on Exchange Rates

Review Concepts:

• Exchange Rates

Resources:

Power Point - Exchange Rates

Video - Exchange Rates

Video - Factors that effect exchange rates

Homework:

IA Commentary is due Friday

Internal Assessment Info:

Internal Assessment Due Dates:

    IA #1 -  Friday January 11

    IA #2 - Monday February 18

    IA #3 and completed IA portfolio - Friday March 22

Internal Assessment (IA) Resources:

• IA Packet 2018-19

• Internal Assessment Coversheet - Click on this link and type out coversheet (Save first and then type out your information)

• Internal Assessment Portfolio Coversheet - Click on this link and type out coversheet

Micro Topics	Macro Topics	International Topics
Pricing (Supply, Demand, Elasticities, shortages, surpluses)	Economic Growth and GDP	Protectionist Policies   - Quota   - Subsidy   - Tariff
Externalities	Unemployment	Exchange Rates
Indirect Tax	Inflation
Subsidy	Economic Equity – Lorenz Curve
Price Control	Demand-Side Policy   - Fiscal Policy   - Monetary Policy Supply-Side Policy

Monday March 18

Pop Quiz tomorrow on Exchange Rates

Review Concepts:

• Factors That Effect Exchange Rates (Determinants of Exchange Rates)
• Interest Payments
• Inflation
• Speculation
• Use of  Foreign Currency Reserves
• Fixed Exchange Rates with Diagrammatic Analysis

Resources:

Power Point - Exchange Rates

Video - Exchange Rates

Video - Factors that effect exchange rates

Homework

Internal Assessment Info:

Internal Assessment Due Dates:

    IA #1 -  Friday January 11

    IA #2 - Monday February 18

    IA #3 and completed IA portfolio - Friday March 22

Internal Assessment (IA) Resources:

• IA Packet 2018-19

• Internal Assessment Coversheet - Click on this link and type out coversheet (Save first and then type out your information)

• Internal Assessment Portfolio Coversheet - Click on this link and type out coversheet

Micro Topics	Macro Topics	International Topics
Pricing (Supply, Demand, Elasticities, shortages, surpluses)	Economic Growth and GDP	Protectionist Policies   - Quota   - Subsidy   - Tariff
Externalities	Unemployment	Exchange Rates
Indirect Tax	Inflation
Subsidy	Economic Equity – Lorenz Curve
Price Control	Demand-Side Policy   - Fiscal Policy   - Monetary Policy Supply-Side Policy

Friday March 15

Review Concepts:

• Factors That Effect Exchange Rates (Determinants of Exchange Rates)
• Interest Payments
• Inflation
• Speculation
• Use of  Foreign Currency Reserves

Resources:

Power Point - Exchange Rates

Video - Exchange Rates

Video - Factors that effect exchange rates

Homework:

Work with Exchange Rate Diagrams  - Use the information on Determinants of demand and supply for currency in the Exchange Rates Power Point

Internal Assessment Info:

Internal Assessment Due Dates:

    IA #1 -  Friday January 11

    IA #2 - Monday February 18

    IA #3 and completed IA portfolio - Friday March 22

Internal Assessment (IA) Resources:

• IA Packet 2018-19

• Internal Assessment Coversheet - Click on this link and type out coversheet (Save first and then type out your information)

• Internal Assessment Portfolio Coversheet - Click on this link and type out coversheet

Micro Topics	Macro Topics	International Topics
Pricing (Supply, Demand, Elasticities, shortages, surpluses)	Economic Growth and GDP	Protectionist Policies   - Quota   - Subsidy   - Tariff
Externalities	Unemployment	Exchange Rates
Indirect Tax	Inflation
Subsidy	Economic Equity – Lorenz Curve
Price Control	Demand-Side Policy   - Fiscal Policy   - Monetary Policy Supply-Side Policy

Thursday March 14

New Concepts:

• Factors That Effect Exchange Rates (Determinants of Exchange Rates)
• Interest Payments
• Inflation
• Speculation
• Use of  Foreign Currency Reserves

Resources:

Power Point - Exchange Rates

Video - Exchange Rates

Video - Factors that effect exchange rates

Homework:

Chapter 23 in textbook

IA International commentary due Friday 3/22 - Remember to turn it in early if you are leaving for spring break.  No IA Commentaries will be accepted after 3/22

Internal Assessment Info:

Internal Assessment Due Dates:

    IA #1 -  Friday January 11

    IA #2 - Monday February 18

    IA #3 and completed IA portfolio - Friday March 22

Internal Assessment (IA) Resources:

• IA Packet 2018-19

• Internal Assessment Coversheet - Click on this link and type out coversheet (Save first and then type out your information)

• Internal Assessment Portfolio Coversheet - Click on this link and type out coversheet

Micro Topics	Macro Topics	International Topics
Pricing (Supply, Demand, Elasticities, shortages, surpluses)	Economic Growth and GDP	Protectionist Policies   - Quota   - Subsidy   - Tariff
Externalities	Unemployment	Exchange Rates
Indirect Tax	Inflation
Subsidy	Economic Equity – Lorenz Curve
Price Control	Demand-Side Policy   - Fiscal Policy   - Monetary Policy Supply-Side Policy

Wednesday March 13

Review Concepts:

• Exchange Rates
• Converting exchange rates

Class Activity:

World Currencies: Exchange Rate Problems

World Currencies: Exchange Rate Problems - Answer Key

Resources:
Power Point - Exchange Rates

Video - Exchange Rates

Video - Factors that effect exchange rates

Homework:

Chapter 23 in textbook

IA International commentary due Friday 3/22 - Remember to turn it in early if you are leaving for spring break.  No IA Commentaries will be accepted after 3/22

Internal Assessment Info:

Internal Assessment Due Dates:

    IA #1 -  Friday January 11

    IA #2 - Monday February 18

    IA #3 and completed IA portfolio - Friday March 22

Internal Assessment (IA) Resources:

• IA Packet 2018-19

• Internal Assessment Coversheet - Click on this link and type out coversheet (Save first and then type out your information)

• Internal Assessment Portfolio Coversheet - Click on this link and type out coversheet

Micro Topics	Macro Topics	International Topics
Pricing (Supply, Demand, Elasticities, shortages, surpluses)	Economic Growth and GDP	Protectionist Policies   - Quota   - Subsidy   - Tariff
Externalities	Unemployment	Exchange Rates
Indirect Tax	Inflation
Subsidy	Economic Equity – Lorenz Curve
Price Control	Demand-Side Policy   - Fiscal Policy   - Monetary Policy Supply-Side Policy

Tuesday March 12

New Concepts:

• Exchange Rates
• Fixed
• Revaluation and Devaluation
• Floating and Managed
• Appreciation and Depreciation

• Factors That Effect Exchange Rates (Determinants of Exchange Rates)
• Interest Payments
• Inflation
• Speculation
• Use of  Foreign Currency Reserves

• Government Intervention into exchange rates
• Why and how?

Resources:
Power Point - Exchange Rates

Video - Exchange Rates

Video - Factors that effect exchange rates

Homework:

Chapter 23 in textbook

Monday March 11

Pop Quiz on  Protectionist Policy

New Concepts:

• Exchange Rates
• Fixed
• Revaluation and Devaluation
• Floating and Managed
• Appreciation and Depreciation

• Factors That Effect Exchange Rates (Determinants of Exchange Rates)
• Interest Payments
• Inflation
• Speculation
• Use of  Foreign Currency Reserves

• Government Intervention into exchange rates
• Why and how?

Resources:
Power Point - Exchange Rates

Video - Exchange Rates

Video - Factors that effect exchange rates

Homework:
Exchange Rate Introduction

Chapter 23 in textbook

Friday March 8

Pop Quiz on Protectionism Monday 3/11

New Concepts:

• Free trade with diagrammatic analysis
• Types of protectionism with diagrammatic analysis
• Tariffs  
• Subsides 
• Quotas (Focus on Quotas)
• Arguments for protectionism 
• Arguments against protectionism

Resources:
Chapter 22 - Free Trade and Protectionism

Power Point - Protectionist Policies

Video - Advantages and Disadvantages of Protectionism

Video - Protectionism

   This video will help explain diagrams

Video - Types of trade restrictions
    Also shows diagram analysis

Homework:  Due Monday 3/11 

• Quota Handout

Thursday March 7

New Concepts:

• Free trade with diagrammatic analysis
• Types of protectionism with diagrammatic analysis
• Tariffs  
• Subsides (Focused on Subsidies)
• Quotas (and quotas)
• Arguments for protectionism 
• Arguments against protectionism

Resources:
Chapter 22 - Free Trade and Protectionism

Power Point - Protectionist Policies

Video - Advantages and Disadvantages of Protectionism

Video - Protectionism

   This video will help explain diagrams

Video - Why do countries restrict trade?

Video - Types of trade restrictions
    Also shows diagram analysis

Homework:

None

Wednesday March 6

New Concepts:

• Free trade with diagrammatic analysis
• Types of protectionism with diagrammatic analysis
• Tariffs  (Focused on Tariffs)
• Subsides
• Quotas
• Arguments for protectionism 
• Arguments against protectionism

Resources:
Chapter 22 - Free Trade and Protectionism

Power Point - Protectionist Policies

Video - Advantages and Disadvantages of Protectionism

Video - Protectionism

   This video will help explain diagrams

Video - Why do countries restrict trade?

Video - Types of trade restrictions
    Also shows diagram analysis

Homework:

None

Tuesday March 5

New Concepts:

• Free trade with diagrammatic analysis
• Types of protectionism with diagrammatic analysis
• Tariffs  (Focused on Tariffs)
• Subsides
• Quotas
• Arguments for protectionism 
• Arguments against protectionism

Resources:
Chapter 22 - Free Trade and Protectionism

Power Point - Protectionist Policies

Video - Advantages and Disadvantages of Protectionism

Video - Protectionism

   This video will help explain diagrams

Video - Why do countries restrict trade?

Video - Types of trade restrictions
    Also shows diagram analysis

Homework:

None

Monday March 4

Begin International Economics  -  The purpose on this unit is to understand why countries trade, the problems involved and how these problems are addressed

New Concepts:

• Reasons for Trade
• Gains from Trade
• Free Trade Diagram

Resources:
Quick Reference Guide - Micro and Macro Supply and Demand

Chapter 21 - Why Do Countries Trade?



Power Point - Gains From Trade

Homework

Read Chapter 21 - Why Do Countries Trade
Read Chapter 22 - Protectionism

Friday March 1

Begin International Economics  -  The purpose on this unit is to understand why countries trade, the problems involved and how these problems are addressed

New Concepts:

• Reasons for Trade
• Gains from Trade

Resources:
Quick Reference Guide - Micro and Macro Supply and Demand

Chapter 21 - Why Do Countries Trade?

Power Point - Gains From Trade

Homework

Read Chapter 21 - Why Do Countries Trade

Thursday February 28

Summative Assessment Today - Macro Concepts

Homework:
Chapter 21 - Why Do Countries Trade?

Wednesday February 27

Summative Assessment on Macro - Wednesday February 14 

• Study Guide - Macro 
• Diagrams to know for assessment (Draw, label, identify)
• Circular Flow Model with leakages and injections
• Classical Model
• Long and short run AS
• Keynesian Model
• Know difference with Keynes compared to clasical
• Business Cycle
• Demand-Pull and Cost Push Inflation
• Lorenz Curve

Review Concepts:

• Types of Taxation
• Progressive Tax
• Regressive Tax
• Proportional Tax
• How Government Distributes tax dollars to gain more equity
• Arguments For/Against taxing for equity

Resources:

Power Point - Income Inequality

Lorenz Curve Interactive

     Helps understand how a Lorenz Curve works through interactive manipulation of a Lorenz Curve

Reading - Measuring Inequality: Using the Lorenz Curve and Gini Coefficient

Homework:
Internal Assessment (IA) Resources:  IA-International Due Friday 3/22

Tuesday February 26

Summative Assessment on Macro - Thursday February 28 

• Study Guide - Macro 

New Concepts:

• Types of Taxation
• Progressive Tax
• Regressive Tax
• Proportional Tax
• How Government Distributes tax dollars to gain more equity
• Arguments For/Against taxing for equity

In-Class Activity
Progressive Tax Worksheet

Progressive Tax Worksheet Key


Resources:

Power Point - Income Inequality

Lorenz Curve Interactive

     Helps understand how a Lorenz Curve works through interactive manipulation of a Lorenz Curve

Reading - Measuring Inequality: Using the Lorenz Curve and Gini Coefficient

Homework:
None

Monday February 25

Summative Assessment on Macro - Thursday February 28 

• Study Guide - Macro 

New Concepts:

• Types of Taxation
• Progressive Tax
• Regressive Tax
• Proportional Tax
• How Government Distributes tax dollars to gain more equity
• Arguments For/Against taxing for equity

Resources:

Power Point - Income Inequality

Lorenz Curve Interactive

     Helps understand how a Lorenz Curve works through interactive manipulation of a Lorenz Curve

Reading - Measuring Inequality: Using the Lorenz Curve and Gini Coefficient

Homework:
None

Friday February 22

Macro Summative - Thursday February 28

• Study Guide - Macro 

New Concepts:

• Distribution of Income
• Poverty
• Lorenz Curve
• Gini Coefficient

Resources:

Power Point - Income Inequality

Lorenz Curve Interactive
     Helps understand how a Lorenz Curve works through interactive manipulation of a Lorenz Curve

Reading - Measuring Inequality: Using the Lorenz Curve and Gini Coefficient

Homework:  Due Friday February 22

Lorenz Curve Worksheet

Thursday February 21

Macro Summative - Thursday February 28

• Study Guide - Macro 

New Concepts:

• Distribution of Income
• Poverty
• Lorenz Curve
• Gini Coefficient

Resources:

Power Point - Income Inequality

Lorenz Curve Interactive
     Helps understand how a Lorenz Curve works through interactive manipulation of a Lorenz Curve

Reading - Measuring Inequality: Using the Lorenz Curve and Gini Coefficient

Homework:  Due Friday February 22

Lorenz Curve Worksheet

Tuesday February 19

New Concepts:

• Distribution of Income
• Poverty
• Lorenz Curve
• Gini Coefficient

Resources:

Power Point - Income Inequality

Lorenz Curve Interactive
     Helps understand how a Lorenz Curve works through interactive manipulation of a Lorenz Curve

Reading - Measuring Inequality: Using the Lorenz Curve and Gini Coefficient

Homework:

Read Chapter 20 in book

Monday February 18

Pop Quiz - Inflation


New Concepts:

• Distribution of Income
• Poverty
• Lorenz Curve
• Gini Coefficient

Resources:

Power Point - Income Inequality

Lorenz Curve Interactive
     Helps understand how a Lorenz Curve works through interactive manipulation of a Lorenz Curve

Reading - Measuring Inequality: Using the Lorenz Curve and Gini Coefficient

Homework:

Read Chapter 20 in book

Friday February 15

New Concepts:

• Inflation
• Who is help or hurt by inflation?

Class Activity:

Effects of Inflation

Effects of Inflation Key

Resources:

Power Point - Inflation

Khan Academy Video - Introduction to inflation

Khan Academy Video - Actual CPI Basket of Goods

Homework:   

IA Macro commentary due Monday 2/18

Internal Assessment Info:

Internal Assessment Due Dates:

    IA #1 -  Friday January 11

    IA #2 - Monday February 18

    IA #3 and completed IA portfolio - Monday March 18

Internal Assessment (IA) Resources:

• IA Packet 2018-19

• Internal Assessment Coversheet - Click on this link and type out coversheet (Save first and then type out your information)

• Internal Assessment Portfolio Coversheet - Click on this link and type out coversheet

Micro Topics	Macro Topics	International Topics
Pricing (Supply, Demand, Elasticities, shortages, surpluses)	Economic Growth and GDP	Protectionist Policies   - Quota   - Subsidy   - Tariff
Externalities	Unemployment	Exchange Rates
Indirect Tax	Inflation
Subsidy	Economic Equity – Lorenz Curve
Price Control	Demand-Side Policy   - Fiscal Policy   - Monetary Policy Supply-Side Policy