Tuesday, February 9, 2016

Ch 13 Reading Guide

Due Wed.
1.  Be sure to review the functions/types/characteristics of money from class.
2.  Define and provide examples of the Fed's money classifications: m1, m2, m3




Due Thurs.
1.  Define transactions demand for money (Dt) and illustrate it as a demand curve.
2.  Define asset demand for money (Da) and illustrate it as a demand curve.
3.  Define total demand for money (Dm) and illustrate it as a demand curve.
4.  Why is slop of the Dt curve unlike that of the Da or Dm curve?

Monday, January 11, 2016

AP HW Due Tues 1/12








DI
C
S
APC
APS
MPC
MPS
390
 
 
0
 
 
xxx
xxx
410
 
405
 
 
 
 
 
 
420
 
10
 
 
 
 
450
435
 
 
 
 
 
 




Complete the chart!

Friday, January 8, 2016

Ch. 9 Reading Guide Due Monday 1/11

This chapter focuses on the math of Keynesian economics.  We will use different techniques to determine the degree to which fiscal policy ought to be used to fix problems at hand. 




Define:


1.  Consumption
2.  Savings
3.  Average Propensity to Consume
4.  Average Propensity to Save
5.  Marginal Propensity to Consume
6.  Marginal Propensity to Save


Identify the mathematical calculation for:
a.  APC
b.  APS
c.  MPC
d.  MPS

Monday, January 4, 2016

Ch. 12 Reading Guide: Fiscal Policy

Due Tuesday:


1.  Create a chart organizing Expansionary Fiscal Policy and Contractionary Fiscal Policy.  Be sure to include as column headings: economic problems necessitating each policy, how taxes should be changed to implement the policy, how G. spending should be changed to implement the policy, the effects of the policy on GDP, effects of the policy on inflation rate, effects of the policy on unemployment rate, effects of the policy on federal deficit/surplus, effects of the policy on national debt.


If you have trouble completing this assignment come in before school to discuss.










Due Thursday:


1.  Explain the contrast between discretionary and automatic fiscal policy.




2.  Completely explain each of the three automatic stabilizers of fiscal policy and describe how each would work in and inflationary AND recessionary situation.




3.  Fully explain each of the "drawback" of fiscal policy.  These include:
a.  Political considerations
b.  Timing lags
c.  The Crowding Out Effect
d.  The Net Export Effect

Thursday, December 17, 2015

Articles for Class Discussion 12/18

Read the articles.   Take notes.  Consider printing and annotating them for class.  I want to have an awesome discussion about our scary future!


Come prepared with 3 open-ended, though provoking, discussion generating, questions written out!






Article 1:
http://www.forbes.com/sites/singularity/2012/07/19/could-automation-lead-to-chronic-unemployment-andrew-mcafee-sounds-the-alarm/




Article 2:


http://www.dallasnews.com/opinion/sunday-commentary/20151009-brynjolfsson-and-mcafee-will-humans-go-the-way-of-horse-labor.ece




Super Awesome Scary Interactive Graph:
https://public.tableau.com/profile/mckinsey.analytics#!/vizhome/AutomationandUSjobs/Technicalpotentialforautomation

Tuesday, December 15, 2015

Reading guide due Wed. 12/16-Last one of the week!

1.  What is the short run aggregate supply (SRAS) curve upward sloping?
2.  What does short run equilibrium tell us? 
3.Create a chart just as your did for AD identifying each factor affecting SRAS, defining each, and illustrating how a change in each factor would cause an increase or decrease in SRAS. 


Be prepared for a test on this economic model including AD, LRAS, and SRAS on Thursday or Friday.  No notes.

Monday, December 14, 2015

Reading Guide Due Tues. 12/15

1.  Identify the slope of the Long Run Aggregate Supply Curve
2.  What information does LRAS tell us?
3.  Illustrate an increase in LRAS.  What factors may cause this?
4.  Illustrate a decrease in LRAS.  What factors may cause this?
5.  What is meant by "Long Run Equilibrium"?


That is all :)