Monday February 11

Internal Assessment (IA) Macro Commentary - Due Monday Feb. 18

New Concepts:

• Inflation
• Consumer Price Index - What does inflation measure?
• Calculating the Inflation Rate

Resources:

Power Point - Inflation

Khan Academy Video - Introduction to inflation

Khan Academy Video - Actual CPI Basket of Goods

Latest News Release from BLS - Inflation for December 2018

CPI Historical Data - from Bureau of Labor Statistics
   

Here is how 175 various items affect the rate of inflation

Here is a visual showing the basic components of the market basket of goods

Homework:

Read the SL section of Chapter 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