- 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
Helps understand how a Lorenz Curve works through interactive manipulation of a Lorenz Curve
Homework:
Internal Assessment (IA) Resources: IA-International Due Friday 3/22
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