Thursday January 31

Review Concepts:

• Unemployment

Class Activity:  We are in the grips of cold weather but feel free to take a look at this ahead of class on Friday

Practice with Diagrams - Unemployment

Resources
Power Point - Unemployment

Video - Types of Unemployment

Video - Who is unemployed?

Homework:

• Unemployment Presentation - 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 - 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

Tuesday January 29

New Concepts

• Costs of unemployment
• Limitations of the unemployment rate
• Unemployment types

Resources:

Power Point - Unemployment

Video - Unemployment

Video - Who is unemployed?

Homework:

• Unemployment Presentation - Due Friday, February 1

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

Monday January 28

Snow day today - Important note
We will continue to forge ahead irregardless of weather and canceled school days.  All assignments will be due on original due dates including the unemployment presentation below.  Your Macro IA Commentary will still be due on Monday February 18.  

New Concepts

• Costs of unemployment
• Limitations of the unemployment rate
• Unemployment types

Resources:

Power Point - Unemployment

Video - Unemployment

Video - Who is unemployed?

Homework:

• Unemployment Presentation - Due Friday, February 1

Friday January 25

New Concepts:

• Unemployment
• Calculating unemployment rate
• Full Employment
• Underemployed
• Discouraged Workers

Class Activity:

• Calculating the unemployment Rate
• Calculating the unemployment Rate - Answer Key

Resources:

Power Point - Unemployment

Video - Unemployment

Video - Who is unemployed?

Homework:  
Due Monday January 28

• Fiscal and Monetary Policy Chart and Questions
• questions on page 3 will be collected and graded

• Read Chapter 17 - Low Unemployment

Thursday January 24

New Concepts:

• Unemployment
• Calculating unemployment rate
• Full Employment
• Underemployed
• Discouraged Workers

Resources:

Power Point - Unemployment

Video - Unemployment

Video - Who is unemployed?

Homework:  Due Monday January 28

• Fiscal and Monetary Policy Chart and Questions
• questions on page 3 will be collected and graded

Wednesday January 23 - Snow Day

Snow Day!

Tuesday January 22

New Concepts:

• Government Intervention to Increase Output (Y)
• Demand Side Policies - Keynes
• Increase Output w/o increasing the overall price level
• Fiscal Policy - Tax/Spend
• Monetary Policy - Interest Rates
• Supply Side Policies - Classic LRAS
• Interventionist Policy
• Investing in Human Capital (Education/Training)
• Research and Development
• Provision and maintenance of infrastructure
• Laws that support and encourage business
• Market Based
• Deregulation
• Privatization
• laws that increase competition (Anti-monopoly laws)
• Labor market reforms
• reduce union power
• reduce or eliminate minimum wage
• reduce or eliminate unemployment benefits
• Evaluation of Government intervention

Resources:

Power Point - Fiscal Policy

Khan Academy Video - Fiscal and Monetary Policy

Video - Fiscal Policy

Video - Should we use fiscal policy?

Khan Academy Video - Risks of Keynesian Thinking

       Sal talks about how government spending is difficult to unwind

Power Point - Monetary Policy

Video - The Fed

Video - Monetary Policy

Homework:  Due Friday January 25

• Fiscal and Monetary Policy Chart and Questions
• questions on page 3 will be collected and graded

Monday January 21

Review Concepts:

• Government Intervention to Increase Output (Y)
• Demand Side Policies - Keynes
• Increase Output w/o increasing the overall price level
• Monetary Policy - Interest Rates

In Class Activity:

Monetary Policy - You Make the Call

Resources:

Khan Academy Video - Fiscal and Monetary Policy

Power Point - Monetary Policy

Video - The Fed

Video - Monetary Policy

Homework:  Complete for Friday January 25

• Fiscal and Monetary Policy Chart and Questions
• questions on page 3 will be collected and graded

Thursday January 17

New Concepts:

• Government Intervention to Increase Output (Y)
• Demand Side Policies - Keynes
• Increase Output w/o increasing the overall price level
• Monetary Policy - Interest Rates

Resources:

Khan Academy Video - Fiscal and Monetary Policy

Power Point - Monetary Policy

Video - The Fed

Video - Monetary Policy

Homework:  

• Fiscal and Monetary Policy Chart and Questions
• questions on page 3 will be collected and graded

Wednesday January 16

New Concepts:

• Government Intervention to Increase Output (Y)
• Demand Side Policies - Keynes
• Increase Output w/o increasing the overall price level
• Monetary Policy - Interest Rates

Resources:

Khan Academy Video - Fiscal and Monetary Policy

Power Point - Monetary Policy

Video - The Fed

Video - Monetary Policy

Homework:  

• Fiscal and Monetary Policy Chart and Questions
• questions on page 3 will be collected and graded

Tuesday January 15

New Concepts:

• Government Intervention to Increase Output (Y)
• Demand Side Policies - Keynes
• Increase Output w/o increasing the overall price level
• Monetary Policy - Interest Rates

Resources:

How Banks Work

Video - What is The Federal Reserve

Khan Academy Video - Fiscal and Monetary Policy

Power Point - Monetary Policy

Video - The Fed

Video - Monetary Policy

Homework:  

Complete for Wednesday 1/16 - The Federal Reserve System

Due Next Week - Fiscal and Monetary Policy Chart and Questions

• questions on page 3 will be collected and graded

Monday January 14

New Concepts:

• Government Intervention to Increase Output (Y)
• Demand Side Policies - Keynes
• Increase Output w/o increasing the overall price level
• Fiscal Policy - Tax/Spend
• Risk in Keynesian thinking (Deficit Spending-Debt)

Resources:

Power Point - Fiscal Policy

Khan Academy Video - Fiscal and Monetary Policy

Video - Fiscal Policy

Video - Should we use fiscal policy?

Khan Academy Video - Risks of Keynesian Thinking

       Sal talks about how government spending is difficult to unwind

Homework:  Not due until next week

• Fiscal and Monetary Policy Chart and Questions
• questions on page 3 will be collected and graded

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 January 11

New Concepts:

• Government Intervention to Increase Output (Y)
• Demand Side Policies - Keynes
• Increase Output w/o increasing the overall price level
• Fiscal Policy - Tax/Spend
• Risk in Keynesian thinking (Deficit Spending-Debt)

Resources:

Power Point - Fiscal Policy

Khan Academy Video - Fiscal and Monetary Policy

Video - Fiscal Policy

Video - Should we use fiscal policy?

Khan Academy Video - Risks of Keynesian Thinking

       Sal talks about how government spending is difficult to unwind

Homework:  Not due until next week

• Fiscal and Monetary Policy Chart and Questions
• questions on page 3 will be collected and graded

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 January 10

New Concepts:

• Government Intervention to Increase Output (Y)
• Demand Side Policies - Keynes
• Increase Output w/o increasing the overall price level
• Fiscal Policy - Tax/Spend
• Risk in Keynesian thinking (Deficit Spending-Debt)

Resources:

Power Point - Fiscal Policy

Khan Academy Video - Fiscal and Monetary Policy

Video - Fiscal Policy

Video - Should we use fiscal policy?

Khan Academy Video - Risks of Keynesian Thinking

       Sal talks about how government spending is difficult to unwind

Homework:  Not due until next week

• Fiscal and Monetary Policy Chart and Questions
• questions on page 3 will be collected and graded

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 January 9

Pop Quiz - AD/LRAS

New Concepts:

• Government Intervention to Increase Output (Y)
• Demand Side Policies - Keynes
• Increase Output w/o increasing the overall price level
• Fiscal Policy - Tax/Spend
• Risk in Keynesian thinking (Deficit Spending-Debt)

Resources:

Power Point - Fiscal Policy

Khan Academy Video - Fiscal and Monetary Policy

Video - Fiscal Policy

Video - Should we use fiscal policy?

Khan Academy Video - Risks of Keynesian Thinking

       Sal talks about how government spending is difficult to unwind

Homework:  Not due until next week

• Fiscal and Monetary Policy Chart and Questions
• questions on page 3 will be collected and graded

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

Tuesday January 8

Review Concepts

• AD-LRAS Equlibrium
• Inflationary/Deflationary Gaps
• Difference between Classical and Keynesian Model

Resources:

• AD-LRAS Practice Activity
• AD-LRAS Practice Activity - Answer Key

Power Point - Classical LRAS Model

Power Point - Keynesian LRAS Model

Power Point - AD-LRAS Equilibrium

Khan Academy Video - Keynesian Economics

       Great Video explains the Keynesian thought process

Khan Academy Video - Risks of Keynesian Thinking

       Sal talks about how government spending is difficult to unwind

Homework:

• Pop Quiz on AD-AS on Wednesday'''

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

Monday January 7

*Micro IA Due on Friday*

New Concepts

• LRAS - Keynesian Approach
• AD-LRAS Equlibrium
• Keynes
• Difference between Classical and Keynesian Model

Resources:

Power Point - Keynesian LRAS Model

Power Point - AD-LRAS Equilibrium

Khan Academy Video - Keynesian Economics

       Great Video explains the Keynesian thought process

Khan Academy Video - Risks of Keynesian Thinking

       Sal talks about how government spending is difficult to unwind

Homework:   

• AD-LRAS Practice Activity

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

• 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 January 4

New Concepts:

• Aggregate Supply
• Long Run - Classical Approach
• AD-LRAS Equlibrium
• Inflationary/Deflationary Gaps

Resources:

Power Point - Long Run Aggregate Supply - Classical

Khan Academy Video - Long Run Aggregate Supply - Classical

Video - Aggregate Supply and Demand

Power Point - Long Run Equilibrium - Classical

Homework:

• Read Chapter 15 - Aggregate Supply

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

• 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 January 3

New Concepts:

• Aggregate Supply
• Long Run - Classical Approach
• AD-LRAS Equlibrium
• Inflationary/Deflationary Gaps

Resources:

Power Point - Long Run Aggregate Supply - Classical

Khan Academy Video - Long Run Aggregate Supply - Classical

Video - Aggregate Supply and Demand

Power Point - Long Run Equilibrium - Classical

Homework:

• Read Chapter 15 - Aggregate Supply

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

• 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