Advanced Placement Macroeconomic Daily Planner
|
|
|
- Raymond Long
- 7 years ago
- Views:
Transcription
1 Advanced Placement Macroeconomic Daily Planner Week 1: Overview of the year 9/5 Day 1: The Road less Traveled and discuss cost-benefit analysis. Next, hand out textbook, Economics By Example, and Strive for a 5, Handy Dandy Guide, and model skim, read and note taking techniques. Finally, handout the course syllabus, go over homework assignment, and lecture on Scarcity, opportunity cost, and the four factors of productions. Homework: Skim, read and notes on Module 1, text pages 1-5 and define key terms in your own words with either a personal example or a graph. Day 2: Thinking like an economist Activity: Handy Dandy Guide and work on some mysteries and check vocab. and notes. Homework: Review day 1 vocab. & notes and Skim, Read, and Notes (SR&N) on Module 1, text pages 6-8 (feel free to test yourself on the practice test questions on pp. 8 and 9, and do the fill-in-the-blanks from Strive for a 5 pp. 9&10. Finally, read What s to Love about Economics? Virtues of the Economic Way of Thinking from Economics by Example by David Anderson pp. 1-8 and answer questions and answer questions 2 and 4 on page 8 on a separate piece of paper. Day 3: Introduction to Macroeconomics Activity: Quiz on Module 1, skim and share current event articles and check homework (fill in the blanks and collect short answer questions 2 and 4 from Anderson s book. Lecture on Employment, Unemployment, and Business Cycle and Inflation, Deflation, and Business Cycles Homework: Review day 1 and 2 vocab and notes and S,R, and N on Module 2, text pp (practice text questions on pp. 15 this doesn t need to be written down, it is for your own benefit), and do Module 2 vocabulary defining terms in your own words, with either a personal example or a graph.
2 Week 2: The Economizing Problem 9/12 Day 4: Activity: Handout the Instant Economist and begin reading Homework: Review day 1, 2, and 3 vocab and notes and Skim, read and notes, Module 3, pp and do Strive for a 5 vocab and Fill-in-the-Blanks on pp. 11 and 12. Day 5: Production Possibility Curve Activity: Check vocab. and Fill-in-the Blanks and work on Production Possibility Curve Activity (instructors manual pp. 20) Homework: Review day 2, 3, and 4 vocab and notes, SR&N from Module 4, text pp and do vocab. Fill-in-the-Blanks on pp Day 6: Comparative and Absolute Advantage Activity: Work on Comparative Advantage and Trade Exercise (Instructor Manual pp. 26 and 27), Activity 6: Opportunity Cost and Comparative Advantage, and work on Strive for a Five pp Homework: Review Day 3, 4, and 5 vocab and notes and work on Strive for a Five review on pp in the workbook and review for Unit I Test Day 7: Unit I Test Activity: Unit 1 Test Essay is draw and explain the Bathtub Theory Homework: Skim, read and notes on Module 5, pp and do vocab. & Fillin-the-Blanks pp
3 Week 3: Supply and Demand 9/17 Unit II Day1 : Objective: Introduction into the market system. Bellwork: List your last five purchases and discuss your decisions Activity: Hand back tests, create a demand schedule for an A, and lecture on demand, law of demand and shape of the demand curve. Play the Movie Game for marginal utility and trade (list as many basic economic concepts in this activity). Work on Microeconomics Lesson 1: Activity 11- Why is a Demand Curve Downward Sloping? Homework: Review Day 1 vocab and notes and skim, read and note Module 5, text pp Day 2: Objective: Shifters of Demand Activity: Work on Activity 10- Reasons for Shifts in the Demand and In-Class Activities (Instructor Manual pp.44), and Economics by Example Chapter 3: The Coffee Market s hot, why are bean prices not? Assignment: Review vocab and notes for Day 1, Skim, read and notes, Module 6 pp and Strive for 5 vocab and Fill-in-the Blanks pp, 41-44, Economics by Example Chapter 3: The Coffee Market s hot, why are bean prices not? Answer article questions on pp. 34 (These aren t due until Monday, and they should be written out with corresponding graphs). Day 3: Supply Bellwork: How many push-ups would you do? Activity: Work on lesson 2: Activity 13-Reasons for Changes in the Supply Curve Homework: Finish Activity 13, review day 1 and 2 vocab and notes, SR&N Module 6, text pp , and continue to work on Economics by Example Chapter 3: The Coffee Market s hot, why are bean prices not? Answer article questions on pp. 34 (These aren t due until Monday, and they should be written out with corresponding graphs). Day 4: Objectives: Quiz Activity: Quiz Homework: Review 1, 2 and 3 vocab. & notes and Skim, Read, and Notes Module 7, pp , and continue to work on Economics by Example Chapter 3: The Coffee Market s hot, why are bean prices not? Answer article questions on pp. 25 (These aren t due until Monday, and they should be written out with corresponding graphs).
4 Week 4: Market Price 9/24 Day 5: Objective: Supply and Demand: Price Controls (Ceilings and Floors) Activity: Collect Coffee Market article questions, lecture on surplus and shortages, price ceilings and price floors, and assign text questions. Homework: Review vocab & notes Day 2, 3, and 4 Skim, read and notes, Module 8, pp and do Strive for Five Module 7 Key questions and Fill in the Blanks on pp Day 6: Objective: Practice Day Activities: Check Strive for Five homework, work on Module 8 review on pp. 86 and 87, and do Sidewalk Graph Day (Instructor s manual pp. 56). Quiz Homework: Review day 3, 4, and 5 vocab and notes and skim, read and notes from Module 9 on pp , do Strive for Five vocab. and Fill-in-the-Blanks on pp. 51 and 52 Day 7: Objective: Consumer surplus, producer surplus and introduction to elasticity Activity: Check vocab. and Fill in the Blanks, lecture on elasticity of supply and demand, introduce Shaking the Invisible Hand assignment, and assign Strive for Five Before the Test Activity pp Homework: Review for the exam Day 8: Objective: Shaking the Invisible Hand Activity: Quiz, workday on Strive for Five review and Shaking the Invisible Hand project Homework: Finish invisible hand simulation and study for exam
5 Week 5: US Economy Oct. 1st Day 10: Shaking the Invisible Hand Activities: Workday on Invisible Hand and review for the Unit II Exam Day 11: Unit III Test Activities: Finish presenting Invisible Hand and Unit II Test Homework: Skim, read and review text Module 10, pp and do Strive For Five Module 10 Vocab Unit III: Measuring Economic Performance Day 1: Objective: Circular Flow Model Activity: Hand back test, check Strive for Five vocab. introduce the circular flow model and assign Activity 5: The Circular Flow of Resources, Goods, Services, and Money Payments Homework: Skim, read and notes, Module 10, pp and finish Activity 5 Day 2: Objective: Circular Flow Model and GDP Activity: Grade and discuss the Circular Flow Model and introduce GDP Homework: Review Day 1 notes and vocab, SR&N from Module 11, pages and Economics by Example, Chapter 21 Why do we neglect leisure and cheer for divorce, pp and answer text questions 1-5 (due Monday). Day 3: Objective: GDP and Unemployment Activity: Create a social wellbeing formula for a country. Homework: Review day 1 and 2 of vocab and notes, skim, read and notes on Module 12: The Meaning and Calculation of Unemployment, pp and complete vocab. & Fill-in-theblank in Strive for a Five, pp Day 4: Objective: Unemployment Activity: Quiz, lecture on unemployment, In-Class Activities and Demonstrations (Instructor s Manual pp. 116). Homework: Review vocab and notes from day 1, 2, and 3 and Skim, Read, and Notes Module 13, pp and vocab and Fill-in-the-Blank Module 13, pp Finish Economics by Example, Chapter 21 Why do we neglect leisure and cheer for divorce, pp and answer text questions 1-5 (due Monday).Hit this day with the same intensity as you did in week one It is a marathon!!!!
6 Week 7: Oct. 8 th -- Inflation Day 5: Objective: Inflation Activity: Check and discuss Chapter 21 Why do we neglect leisure and cheer for divorce, In-class Activities on Unemployment (Instructor s Manual pp. 122), and lecture on Inflation. Homework: Review day 2, 3, and 4 vocab and notes and skim, read and notes from Module 14, pp and Strive for Five vocab and Fill-in-the-Blanks, Module 14, pp Day 6: Objective: Inflation Bell work: In class Activities (Instructor s Manual pp. 127) Activity: Workday on Module 15 (text pages ) and Strive for Five vocab. & Fillin-the-Blank pp and begin working Strive for 5, Before you Take the Test pp Homework: Finish text reading and strive for 5 workbook activities Day 7: Objective: Review day on your own-- Activity: Grade and discuss Strive for 5 material Homework: Study for test Day 8: Objective: Celebration of Unit III Homework: SR&N from Module 16, pp and vocab and Fill-in-the Blanks on Strive for 5 book, pp
7 Week 8: Measuring Domestic Output and National Income (10/15th) Unit IV Day 1: Go over test, lecture on chapter 7, What is GDP Homework: SR&N on pages Day 2: Lecture on Expenditure and Income Approach to calculating GDP, Introduce the Worldly Philosophers, work on text question 8 and Activity 12. Homework: SR&N on pages , assign Worldly Philosophers Chapter iii: The Wonderful World of Adam Smith, assign question 9. Day 3: Grade question 9, lecture on nominal and real GDP, and shortcomings of GDP Homework: Review notes and create a social-economic formula Day 4: Quiz on Chapter 7, share social-economic formula, discuss The Worldly Philosophers Chapter iii: The Wonderful World of Adam Smith Homework: SR&N on pages & Chapter iii in the Worldly Philosopher (Malthus and Ricardo) Week 9: Oct--22 Day 1: Lecture on Economic Growth and the Business Cycles. Homework: SR&N on pages , Activity 11 Day 2: Grade Activity II, Lecture on types of unemployment Homework: SR&N on pages Week 10: Basic Macroeconomic Relationships (10/29) Day 1: Objective: Quarter Exam Activity: Quarter Essay Exam Homework: SR & N on pages Day 2: Objective: Introduce the consumption and savings curves Activity: Quarter Objective Exam discuss the Worldly Philosopher; Chapter iv: The Gloomy Presentiments of Parson Malthus and David Ricardo, read the chapter and work on vocab note cards(45 degree line, Marginal Propensity to Consume, Marginal Propensity to Save, Wealth Effect and Multiplier) or text questions #2,3,4,5,6,9 and 15 (Due Monday).
8 Homework: Work on The Worldly Philosophers Chapter vi: The Inexorable System of Karl Marx, text questions, or SR&N on pages Day 3: Objective: Average and Marginal Costs Activity: Lecture on Consumption, investment, average and marginal costs Homework: Work on text questions and worldly philosopher Day 4: The investment demand curve, shifters of the curve and multiplier. Activity: Lecture #2 on Chapter 9 Homework: SR&N on pages & Chapter 5 in the Worldly Philosopher (Marx) and Activity 21.
ECO 2251 PRINCIPLES OF MACROECONOMICS I Section: TEWA Fall Semester 2010
ECO 2251 PRINCIPLES OF MACROECONOMICS I Section: TEWA Fall Semester 2010 Instructor: Course Prerequisites: Office Hours: Phillip Mixon Assistant Professor of Economics Center for International Business
Macroeconomics 2301 Potential questions and study guide for exam 2. Any 6 of these questions could be on your exam!
Macroeconomics 2301 Potential questions and study guide for exam 2 Any 6 of these questions could be on your exam! 1. GDP is a key concept in Macroeconomics. a. What is the definition of GDP? b. List and
Extra Problems #3. ECON 410.502 Macroeconomic Theory Spring 2010 Instructor: Guangyi Ma. Notice:
ECON 410.502 Macroeconomic Theory Spring 2010 Instructor: Guangyi Ma Extra Problems #3 Notice: (1) There are 25 multiple-choice problems covering Chapter 6, 9, 10, 11. These problems are not homework and
Edmonds Community College Macroeconomic Principles ECON 202C - Winter 2011 Online Course Instructor: Andy Williams
Edmonds Community College Macroeconomic Principles ECON 202C - Winter 2011 Online Course Instructor: Andy Williams Textbooks: Economics: Principles, Problems and Policies, 18th Edition, by McConnell, Brue,
Thinkwell s Homeschool Economics Course Lesson Plan: 36 weeks
Thinkwell s Homeschool Economics Course Lesson Plan: 36 weeks Welcome to Thinkwell s Homeschool Economics! We re thrilled that you ve decided to make us part of your homeschool curriculum. This lesson
Subject CT7 Business Economics Core Technical Syllabus
Subject CT7 Business Economics Core Technical Syllabus for the 2016 exams 1 June 2015 Aim The aim of the Business Economics subject is to introduce students to the core economic principles and how these
UG Course Outline EC1101: Principles of Economics 2015/16
UG Course Outline EC1101: Principles of Economics 2015/16 Autumn: Macroeconomics Instructor: Dr Vinay Nundlall Office: Horton H222 Phone: +44 (0) 1784 41 4002 E-mail: Vinay.Nundlall@rhul.ac.uk Office hours:
CHAPTER 5: MEASURING GDP AND ECONOMIC GROWTH
CHAPTER 5: MEASURING GDP AND ECONOMIC GROWTH Learning Goals for this Chapter: To know what we mean by GDP and to use the circular flow model to explain why GDP equals aggregate expenditure and aggregate
Professor Christina Romer. LECTURE 17 MACROECONOMIC VARIABLES AND ISSUES March 17, 2016
Economics 2 Spring 2016 Professor Christina Romer Professor David Romer LECTURE 17 MACROECONOMIC VARIABLES AND ISSUES March 17, 2016 I. MACROECONOMICS VERSUS MICROECONOMICS II. REAL GDP A. Definition B.
CITRUS COMMUNITY COLLEGE DISTRICT CREDIT COURSE OUTLINE
CITRUS COMMUNITY COLLEGE DISTRICT CREDIT COURSE OUTLINE DEPARTMENT: Social Sciences COURSE NUMBER: ECON 101 C-ID NUMBER: TITLE: Principles of Macroeconomics COURSE FAMILY: COURSE PURPOSE(check all that
ECON 2302- Principles of Microeconomics. Revision Date: 8/15/16
Course Syllabus ECON 2302- Principles of Microeconomics Revision Date: 8/15/16 Catalog Description: Analysis of the behavior of individual economic agents, including consumer behavior and demand, producer
14.02 Principles of Macroeconomics Problem Set 1 Fall 2005 ***Solution***
Part I. True/False/Uncertain Justify your answer with a short argument. 14.02 Principles of Macroeconomics Problem Set 1 Fall 2005 ***Solution*** Posted: Monday, September 12, 2005 Due: Wednesday, September
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Econ 111 Summer 2007 Final Exam Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The classical dichotomy allows us to explore economic growth
BADM 527, Fall 2013. Midterm Exam 2. Multiple Choice: 3 points each. Answer the questions on the separate bubble sheet. NAME
BADM 527, Fall 2013 Name: Midterm Exam 2 November 7, 2013 Multiple Choice: 3 points each. Answer the questions on the separate bubble sheet. NAME 1. According to classical theory, national income (Real
Strategies for Winning at Math. Student Success Workshop
Strategies for Winning at Math Student Success Workshop Just the Facts Poor performance in math is NOT due to a lack of intelligence. The key to success in math is having the right approach to studying
Syllabus Business 33001 Booth School of Business University of Chicago Autumn 2011. A B Midterm 35% 0% Homeworks 15% 15% Final Exam 50% 85%
Syllabus Business 33001 Booth School of Business University of Chicago Autumn 2011 Professor Hoyt Bleakley Email: bleakley@chicagobooth.edu Course Materials are found on http://chalk.uchicago.edu Overview:
How To Learn Economics In India
B.A. PROGRAMME DISCIPLINE COURSE ECONOMICS COURSE CONTENTS (Effective from the Academic Year 2011-2012 onwards) DEPARTMENT OF ECONOMICS UNIVERSITY OF DELHI DELHI 1 Syllabus for B.A. Programme - Economics
7 AGGREGATE SUPPLY AND AGGREGATE DEMAND* * Chapter Key Ideas. Outline
C h a p t e r 7 AGGREGATE SUPPLY AND AGGREGATE DEMAND* * Chapter Key Ideas Outline Production and Prices A. What forces bring persistent and rapid expansion of real GDP? B. What leads to inflation? C.
The Economic Problem: Scarcity and Choice. What is Production?
The Economic Problem: Scarcity and Choice #1 What is Production? Production is the process by which resources are transformed into useful forms. Resources, or inputs, refer to anything provided by nature
FBLA: ECONOMICS. Competency: Basic Economic Concepts and Principles
Competency: Basic Economic Concepts and Principles 1. Define money (characteristics, role, and forms) and trace how money and resources flow through the American economic system. 2. Utilize decision-making
Exam 1 Review. 3. A severe recession is called a(n): A) depression. B) deflation. C) exogenous event. D) market-clearing assumption.
Exam 1 Review 1. Macroeconomics does not try to answer the question of: A) why do some countries experience rapid growth. B) what is the rate of return on education. C) why do some countries have high
Unit 4: Measuring GDP and Prices
Unit 4: Measuring GDP and Prices ECO 120 Global Macroeconomics 1 1.1 Reading Reading Module 10 - pages 106-110 Module 11 1.2 Goals Goals Specific Goals: Understand how to measure a country s output. Learn
Aggregate Demand and Aggregate Supply Ing. Mansoor Maitah Ph.D. et Ph.D.
Aggregate Demand and Aggregate Supply Ing. Mansoor Maitah Ph.D. et Ph.D. Aggregate Demand and Aggregate Supply Economic fluctuations, also called business cycles, are movements of GDP away from potential
The level of price and inflation Real GDP: the values of goods and services measured using a constant set of prices
Chapter 2: Key Macroeconomics Variables ECON2 (Spring 20) 2 & 4.3.20 (Tutorial ) National income accounting Gross domestic product (GDP): The market value of all final goods and services produced within
Chapter 12. Aggregate Expenditure and Output in the Short Run
Chapter 12. Aggregate Expenditure and Output in the Short Run Instructor: JINKOOK LEE Department of Economics / Texas A&M University ECON 203 502 Principles of Macroeconomics Aggregate Expenditure (AE)
EC2105, Professor Laury EXAM 2, FORM A (3/13/02)
EC2105, Professor Laury EXAM 2, FORM A (3/13/02) Print Your Name: ID Number: Multiple Choice (32 questions, 2.5 points each; 80 points total). Clearly indicate (by circling) the ONE BEST response to each
Macroeconomics: GDP, GDP Deflator, CPI, & Inflation
HOSP 2207 (Economics) Learning Centre Macroeconomics: GDP, GDP Deflator, CPI, & Inflation Macroeconomics is the big picture view of an economy. Microeconomics looks at the market for a specific good, like
MEASURING A NATION S INCOME
10 MEASURING A NATION S INCOME WHAT S NEW IN THE FIFTH EDITION: There is more clarification on the GDP deflator. The Case Study on Who Wins at the Olympics? is now an FYI box. LEARNING OBJECTIVES: By the
TIME MANAGEMENT AND STUDY SKILLS
TIME MANAGEMENT AND STUDY SKILLS People aren t born knowing how to be good students. Adopting good study skills takes practice and dedication, but anyone can become a good student. The two most important
CHAPTER 2 THE ECONOMIC PROBLEM: SCARCITY AND CHOICE
CHAPTER 2 THE ECONOMIC PROBLEM: SCARCITY AND CHOICE 2.1 Three basic questions EX: American Airline It uses runways land pilots and mechanics labor
Transfer Credit: 3 semester units, meet GE requirements for Associates Degrees, and transfers to UC, CSU. Prerequisite Math-153
OHLONE College Fall 2014 Professor Mosleh tmosleh@ohlone.edu BA102A-04, 05 on line sections COURSE DESCRIPTION: Introduction to macroeconomics is the economic behavior at the aggregate level. This course
ECON 1002: INTRODUCTION TO MACROECONOMICS
ECON 1002: INTRODUCTION TO MACROECONOMICS Course Type: Core Level: 1 Semester: 2 No. of credits: 3 Prerequisites: None COURSE DESCRIPTION This is an introductory Macroeconomics course and is one of the
FISCAL POLICY* Chapter. Key Concepts
Chapter 11 FISCAL POLICY* Key Concepts The Federal Budget The federal budget is an annual statement of the government s expenditures and tax revenues. Using the federal budget to achieve macroeconomic
Miami Dade College ECO 2013.003 Principles of Macroeconomics - Fall 2014 Practice Test #2
Miami Dade College ECO 2013.003 Principles of Macroeconomics - Fall 2014 Practice Test #2 1. Whose analysis serves as the foundation of modern macroeconomics? A) Milton Friedman B) John Maynard Keynes
CHAPTER 5 WORKING WITH SUPPLY AND DEMAND Microeconomics in Context (Goodwin, et al.), 2 nd Edition
CHAPTER 5 WORKING WITH SUPPLY AND DEMAND Microeconomics in Context (Goodwin, et al.), 2 nd Edition Chapter Overview This chapter continues dealing with the demand and supply curves we learned about in
BUS315: INTRODUCTION TO FINANCIAL MANAGEMENT COURSE OUTLINE
BUS315: INTRODUCTION TO FINANCIAL MANAGEMENT Lynda Livingston Fall, 2012 office: McIntyre 111-J e-mail: llivingston@ups.edu office phone: (253) 879-3471 fax: (253) 878-3156 office hours: MF 12:00-1:00
AP United States Government & Politics Syllabus
AP United States Government & Politics Syllabus Syllabus The AP Government course will be taught as a second semester course with about twenty-four students. Students will enroll during the second semester
8 THE ECONOMY AT FULL EMPLOYMENT: THE CLASSICAL MODEL* * Chapter Key Ideas. Outline
C h a p t e r 8 THE ECONOMY AT FULL EMPLOYMENT: THE CLASSICAL MODEL* * Chapter Key Ideas Outline Our Economy s Anchor A. The economy is like a boat on a rolling sea. Potential GDP provides an anchor for
14.02 Principles of Macroeconomics Problem Set 1 *Solution* Fall 2004
4.02 Principles of Macroeconomics Problem Set *Solution* Fall 2004 Part I. True/False/Uncertain Justify your answer with a short argument.. From 960 to 2000, the US, EU, and Japan all have experienced
Macroeconomics V: Aggregate Demand
Macroeconomics V: Aggregate Demand Gavin Cameron Lady Margaret Hall Hilary Term 2004 introduction A very poor man may be said in some sense to have a demand for a coach and six; he might like to have it;
Problems: Table 1: Quilt Dress Quilts Dresses Helen 50 10 1.8 9 Carolyn 90 45 1 2
Problems: Table 1: Labor Hours needed to make one Amount produced in 90 hours: Quilt Dress Quilts Dresses Helen 50 10 1.8 9 Carolyn 90 45 1 2 1. Refer to Table 1. For Carolyn, the opportunity cost of 1
Economics Proposal for CORE 2014 due by February 1, 2013
Economics Proposal for CORE 2014 due by February 1, 2013 ------------------------------------------------------------------------------------------------------ Executive Summary: The Economics Curriculum
Pre-Test Chapter 11 ed17
Pre-Test Chapter 11 ed17 Multiple Choice Questions 1. Built-in stability means that: A. an annually balanced budget will offset the procyclical tendencies created by state and local finance and thereby
A. a change in demand. B. a change in quantity demanded. C. a change in quantity supplied. D. unit elasticity. E. a change in average variable cost.
1. The supply of gasoline changes, causing the price of gasoline to change. The resulting movement from one point to another along the demand curve for gasoline is called A. a change in demand. B. a change
I. PREREQUISITES For information regarding prerequisites for this course, please refer to the Academic Course Catalog.
Note: Course content may be changed, term to term, without notice. The information below is provided as a guide for course selection and is not binding in any form, and should not be used to purchase course
The Global Economy (MGMT 406) Prof. Christian Dippel. Syllabus Fall 2014
Office: C5.12 Email: Christian.dippel@anderson.ucla.edu Office Hours: TBA Teaching assistant: Youngjin Song Email: youngjin.song.2015@anderson.ucla.edu Office Hours: TBA The Global Economy (MGMT 406) Prof.
2. With an MPS of.4, the MPC will be: A) 1.0 minus.4. B).4 minus 1.0. C) the reciprocal of the MPS. D).4. Answer: A
1. If Carol's disposable income increases from $1,200 to $1,700 and her level of saving increases from minus $100 to a plus $100, her marginal propensity to: A) save is three-fifths. B) consume is one-half.
These are some practice questions for CHAPTER 23. Each question should have a single answer. But be careful. There may be errors in the answer key!
These are some practice questions for CHAPTER 23. Each question should have a single answer. But be careful. There may be errors in the answer key! 67. Public saving is equal to a. net tax revenues minus
MICROECONOMICS AND POLICY ANALYSIS - U8213 Professor Rajeev H. Dehejia Class Notes - Spring 2001
MICROECONOMICS AND POLICY ANALYSIS - U8213 Professor Rajeev H. Dehejia Class Notes - Spring 2001 General Equilibrium and welfare with production Wednesday, January 24 th and Monday, January 29 th Reading:
Supplemental Activity
Materials: Test-Taking Skills Assessment on page 80 in this workbook (page 19 in the student workbook) Test-Taking Tips on page 81 in this workbook (page 20 in the student workbook) Tactics for Studying
SE201: PRINCIPLES OF MICROECONOMICS. Office Hours: By appointment Phone (office): 410-293-6892
SE201: PRINCIPLES OF MICROECONOMICS Fall AY2015-16 Professor: Kurtis Swope Office: NI 042 Website: www.usna.edu/users/econ/swope Email: swope@usna.edu Office Hours: By appointment Room: SA106 Phone (office):
Econ 303: Intermediate Macroeconomics I Dr. Sauer Sample Questions for Exam #3
Econ 303: Intermediate Macroeconomics I Dr. Sauer Sample Questions for Exam #3 1. When firms experience unplanned inventory accumulation, they typically: A) build new plants. B) lay off workers and reduce
You may use a calculator to do all of the calculations. Round all decimals to the nearest hundredth if necessary.
Economics 102 Fall 2015 Answers to Homework #3 Due Monday, October 26, 2015 Directions: The homework will be collected in a box before the large lecture. Please place your name, TA name and section number
MICROECONOMIC PRINCIPLES SPRING 2001 MIDTERM ONE -- Answers. February 16, 2001. Table One Labor Hours Needed to Make 1 Pounds Produced in 20 Hours
MICROECONOMIC PRINCIPLES SPRING 1 MIDTERM ONE -- Answers February 1, 1 Multiple Choice. ( points each) Circle the correct response and write one or two sentences to explain your choice. Use graphs as appropriate.
Learner Guide. Cambridge IGCSE Economics
Learner Guide Cambridge IGCSE Economics 0455 Cambridge International Examinations retains the copyright on all its publications. Registered Centres are permitted to copy material from this booklet for
Practiced Questions. Chapter 20
Practiced Questions Chapter 20 1. The model of aggregate demand and aggregate supply a. is different from the model of supply and demand for a particular market, in that we cannot focus on the substitution
Chapter 11: Activity
Economics for Managers by Paul Farnham Chapter 11: Measuring Macroeconomic Activity 11.1 Measuring Gross Domestic Product (GDP) GDP: the market value of all currently yproduced final goods and services
Big Concepts. Measuring U.S. GDP. The Expenditure Approach. Economics 202 Principles Of Macroeconomics
Lecture 6 Economics 202 Principles Of Macroeconomics Measuring GDP Professor Yamin Ahmad Real GDP and the Price Level Economic Growth and Welfare Big Concepts Ways to Measure GDP Expenditure Approach Income
Syllabus Principles of Microeconomics ECON200-WB11 Winter Term 2016
Syllabus Principles of Microeconomics ECON200-WB11 Winter Term 2016 Instructor: Thomas Hegland Course website: https://elms.umd.edu Textbook: Microeconomics, 1st Edition, Karlan and Morduch Objectives:
Lecture/Classroom...45 hours Laboratory...0 hours
SOUTHEAST COMMUNITY COLLEGE / LINCOLN NORTHEAST HIGH SCHOOL ADVANCED PLACEMENT ECONOMICS Beatrice and Lincoln, Nebraska Business/Mass Media Occupations Division Business Administration Program FALL 2007/8
COURSE OUTLINE FOR ECON-1100 CONSUMER ECONOMICS
New York City College of Technology Social Science Department COURSE CODE: ECON 1100 TITLE: Consumer Economics Class Hours: 3, Credits: 3 COURSE DESCRIPTION: Consumers play a central role in market economies.
Chapter 12: Gross Domestic Product and Growth Section 1
Chapter 12: Gross Domestic Product and Growth Section 1 Key Terms national income accounting: a system economists use to collect and organize macroeconomic statistics on production, income, investment,
MEASURING GDP AND ECONOMIC GROWTH CHAPTER
MEASURING GDP AND ECONOMIC GROWTH CHAPTER Objectives After studying this chapter, you will able to Define GDP and use the circular flow model to explain why GDP equals aggregate expenditure and aggregate
Lesson 7 - The Aggregate Expenditure Model
Lesson 7 - The Aggregate Expenditure Model Acknowledgement: Ed Sexton and Kerry Webb were the primary authors of the material contained in this lesson. Section : The Aggregate Expenditures Model Aggregate
Macroeconomics, Fall 2007 Exam 3, TTh classes, various versions
Name: _ Days/Times Class Meets: Today s Date: Macroeconomics, Fall 2007 Exam 3, TTh classes, various versions Read these Instructions carefully! You must follow them exactly! I) On your Scantron card you
Supplement Unit 1. Demand, Supply, and Adjustments to Dynamic Change
1 Supplement Unit 1. Demand, Supply, and Adjustments to Dynamic Change Introduction This supplemental highlights how markets work and their impact on the allocation of resources. This feature will investigate
CHAPTER 23 FISCAL POLICY: COPING WITH INFLATION AND UNEMPLOYMENT
CHAPTER 23 FISCAL POLICY: COPING WITH INFLATION AND UNEMPLOYMENT Chapter in a Nutshell To say that an economy is in equilibrium tells us very little about the general state of the economy. The model showing
6. In general, over longer periods, demand tends to become (A) More elastic (B) Perfectly elastic (C) Perfectly inelastic (D) Less elastic
5. The demand for a good is said to be inelastic if (A) More units will be purchased if price increases (B) The percentage change in quantity demanded is greater than the percentage in price (C) The demand
The Keynesian Cross. A Fixed Price Level. The Simplest Keynesian-Cross Model: Autonomous Consumption Only
The Keynesian Cross Some instructors like to develop a more detailed macroeconomic model than is presented in the textbook. This supplemental material provides a concise description of the Keynesian-cross
Algebra II New Summit School High School Diploma Program
Syllabus Course Description: Algebra II is a two semester course. Students completing this course will earn 1.0 unit upon completion. Required Materials: 1. Student Text Glencoe Algebra 2: Integration,
ECONOMICS - MODEL QUESTION PAPER XII STD
ECONOMICS - MODEL QUESTION PAPER XII STD Time : 3 hrs Maximum Marks : 200 SECTION - A Answer all questions 50 X 1 = 50 I. Choose the best answer :- 1. Economics is a science a) Natural b) Physical c) Social
ANSWERS TO END-OF-CHAPTER QUESTIONS
ANSWERS TO END-OF-CHAPTER QUESTIONS 9-1 Explain what relationships are shown by (a) the consumption schedule, (b) the saving schedule, (c) the investment-demand curve, and (d) the investment schedule.
Political Science 108. Economics 118. Introduction to Political Economy
Political Science 108. Economics 118. Introduction to Political Economy Prof. Alexandre Debs Harkness 327 Office Hours: M 11 1 alexandre.debs@rochester.edu TA Jinhee Jo Harkness 315A Office Hours: Tue.
Refer to Figure 17-1
Chapter 17 1. Inflation can be measured by the a. change in the consumer price index. b. percentage change in the consumer price index. c. percentage change in the price of a specific commodity. d. change
2 0 0 0 E D I T I O N CLEP O F F I C I A L S T U D Y G U I D E. The College Board. College Level Examination Program
2 0 0 0 E D I T I O N CLEP O F F I C I A L S T U D Y G U I D E College Level Examination Program The College Board Principles of Macroeconomics Description of the Examination The Subject Examination in
Chap 11 & 12. Measuring the Cost of Living THE CONSUMER PRICE INDEX
Chap 11 & 12 Chap 10: Measuring a Nation s Income: GDP, Nominal GDP, Real GDP, and GDP Deflator Next topic: Chap 11: Measuring the Cost of Living: CPI GDP from an whole economy point of view CPI from a
Chapter 13. Aggregate Demand and Aggregate Supply Analysis
Chapter 13. Aggregate Demand and Aggregate Supply Analysis Instructor: JINKOOK LEE Department of Economics / Texas A&M University ECON 203 502 Principles of Macroeconomics In the short run, real GDP and
Aggregate Supply and Aggregate Demand
26 Aggregate Supply and Aggregate Demand Learning Objectives Explain what determines aggregate supply Explain what determines aggregate demand Explain what determines real GDP and the price level and how
C A R I B B E A N E X A M I N A T I O N S C O U N C I L REPORT ON CANDIDATES WORK IN THE SECONDARY EDUCATION CERTIFICATE EXAMINATION MAY/JUNE 2011
C A R I B B E A N E X A M I N A T I O N S C O U N C I L REPORT ON CANDIDATES WORK IN THE SECONDARY EDUCATION CERTIFICATE EXAMINATION MAY/JUNE 2011 ECONOMICS GENERAL PROFICIENCY EXAMINATION Copyright 2011
Curriculum Mapping Academic Standards for Personal Finance Grades 9-12 One Semester Class. Standards Resources Vocabulary Assessments
Curriculum Mapping Academic Standards for Personal Finance s 9-12 One Semester Class Unit/Days Standard Number 15 days Unit one: Planning a Budget PFR3.2 PFR2.1 PFR2.2 Standards Resources Vocabulary Assessments
MODEL COURSE OUTLINE TAKEN FROM: SAN DIEGO COMMUNITY COLLEGE DISTRICT (CITY, MESA, MIRAMAR COLLEGES) ASSOCIATE DEGREE CREDIT COURSE OUTLINE
MODEL COURSE OUTLINE TAKEN FROM: SAN DIEGO COMMUNITY COLLEGE DISTRICT (CITY, MESA, MIRAMAR COLLEGES) ASSOCIATE DEGREE CREDIT COURSE OUTLINE SECTION I SUBJECT AREA AND COURSE NUMBER: Economics 120 COURSE
Macroeconomics Instructor Miller GDP Practice Problems
Macroeconomics Instructor Miller GDP Practice Problems 1. Gross domestic product in the economy is measured by the A) total number of goods and services produced in the economy. B) dollar value of all
Bellwork Students will review their study guide for their test. Box-and-Whisker Plots will be discussed after the test.
Course: 7 th Grade Math Student Objective (Obj. 5c) TSW graph and interpret data in a box-and-whisker plot. DETAIL LESSON PLAN Friday, March 23 / Monday, March 26 Lesson 1-10 Box-and-Whisker Plot (Textbook
CONCEPT OF MACROECONOMICS
CONCEPT OF MACROECONOMICS Macroeconomics is the branch of economics that studies economic aggregates (grand totals):e.g. the overall level of prices, output and employment in the economy. If you want to
Economics 212 Principles of Macroeconomics Study Guide. David L. Kelly
Economics 212 Principles of Macroeconomics Study Guide David L. Kelly Department of Economics University of Miami Box 248126 Coral Gables, FL 33134 dkelly@miami.edu First Version: Spring, 2006 Current
Pre-Test Chapter 10 ed17
Pre-Test Chapter 10 ed17 Multiple Choice Questions 1. Refer to the above diagrams. Assuming a constant price level, an increase in aggregate expenditures from AE 1 to AE 2 would: A. move the economy from
11.1 Estimating Gross Domestic Product (GDP) Objectives
11.1 Estimating Gross Domestic Product (GDP) Objectives Describe what the gross domestic product measures. Learn two ways to calculate the gross domestic product, and explain why they are equivalent. 11.1
THE UNIVERSITY OF AUCKLAND
THE UNIVERSITY OF AUCKLAND FIRST SEMESTER, 2013 Campus: City ECONOMICS Business Economics (Time Allowed: THREE hours) NOTE: Answer ALL questions Total marks = 100 PRACTICE PAPER ONLY This is a practice
Chapter 8. GDP : Measuring Total Production and Income
Chapter 8. GDP : Measuring Total Production and Income Instructor: JINKOOK LEE Department of Economics / Texas A&M University ECON 203 502 Principles of Macroeconomics Related Economic Terms Macroeconomics:
In this chapter we learn the potential causes of fluctuations in national income. We focus on demand shocks other than supply shocks.
Chapter 11: Applying IS-LM Model In this chapter we learn the potential causes of fluctuations in national income. We focus on demand shocks other than supply shocks. We also learn how the IS-LM model
S.Y.B.COM. (SEM-III) ECONOMICS
Fill in the Blanks. Module 1 S.Y.B.COM. (SEM-III) ECONOMICS 1. The continuous flow of money and goods and services between firms and households is called the Circular Flow. 2. Saving constitute a leakage
Introduction to Macroeconomics 1012 Final Exam Spring 2013 Instructor: Elsie Sawatzky
Introduction to Macroeconomics 1012 Final Exam Spring 2013 Instructor: Elsie Sawatzky Name Time: 2 hours Marks: 80 Multiple choice questions 1 mark each and a choice of 2 out of 3 short answer question
Interdependence and the Gains from Trade Why is interdependence the norm?
In this chapter, look for the answers to these questions: Why do people and nations choose to be economically interdependent? How can trade make everyone better off? What is absolute advantage? What is
I. PREREQUISITE For information regarding prerequisites for this course, please refer to the Academic Course Catalog.
Note: Course content may be changed, term to term, without notice. The information below is provided as a guide for course selection and is not binding in any form, and should not be used to purchase course
Government Budget and Fiscal Policy CHAPTER
Government Budget and Fiscal Policy 11 CHAPTER The National Budget The national budget is the annual statement of the government s expenditures and tax revenues. Fiscal policy is the use of the federal
Sodaro, Michael J. Comparative Politics: A Global Introduction, THIRD EDITION. New York: McGraw-Hill Higher Education, 2008.
INTL 3300: Introduction to Comparative Politics Maymester 2013 Instructor: Megan Lounsbury Miller Learning Center: Room 245 Monday - Friday: 11:00 a.m. 1:45 p.m. Office Hours: Wednesdays, 1:45 2:45 p.m.
Syllabus; Summer Course Doing Business in Europe 2010 Arnhem Business School The Netherlands
Syllabus; Summer Course Doing Business in Europe 2010 Arnhem Business School The Netherlands Course Summary: The course consists of three main parts which are assessed and graded separately. In order to
12 FIRST QUARTER. Class Assignments
August 7- Go over senior dates. Go over school rules. 12 FIRST QUARTER Class Assignments August 8- Overview of the course. Go over class syllabus. Handout textbooks. August 11- Part 2 Chapter 1 Parts of