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 :)