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