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