Multiplier Effect Day 2

Bellwork: share prices tumble, wiping 20% off company values. What/how would shift: aggregate demand or aggregate supply?

Objective: assess the validity of the multiplier effect.

Activity: Multiplier Effect Power Point and activity.

Homework: See Master Schedule for more details on homework

Absent? Review the slides below and tame notes.

Multiplier Effect Day 1

Bellwork: government "stealth taxes" increase tax burden to highest level for 50 ears. What/how would shit? Aggregate demand or aggregate supply?

Objective: assess the validity of the social multiplier effect.

Activity: Multiplier Effect Video and Readings

Homework: See Master Schedule for more details on homework

Absent? Review the video linked here and read the two articles from the WSJ and the Chronicle.

Aggregate Demand & Aggregate Supply Day 4

Bellwork: Government announces a large increase in spending on healthcare and education. What/how would shift: aggregate demand or aggregate supply?

Objective: explain the macroeconomic equilibrium; understand aggregate demand curve shifts; understand aggregate supply curve shifts

Activity: aggregate supply & aggregate demand QUIZ-QUIZ-TRADE activity

Homework: See Master Schedule for more details on homework

Absent? review the questions for the quiz below. The answers are included. If you don't understand the question, please get help from me or another student!

Aggregate Demand & Aggregate Supply Day 3

Bellwork: Stability of inflation cheers business leaders! What would shift: aggregate demand or aggregate supply? How would it shift?

Objective: explain the macroeconomic equilibrium; understand aggregate demand curve shifts; understand aggregate supply curve shifts

Activity: aggregate supply & aggregate demand activity

Homework: See Master Schedule for more details on homework

Absent? review the activity sheets below and do the activities.

Aggregate Demand & Aggregate Supply Day 3

Bellwork: U.S. productivity levels at their highest level for 10 years! What would shift: aggregate demand or aggregate supply? How would it shift?

Objective: explain the macroeconomic equilibrium; understand aggregate demand curve shifts; understand aggregate supply curve shifts

Activity: aggregate supply & aggregate demand video

Homework: See Master Schedule for more details on homework

Absent? review the video and take notes.

Reading Catch Up Day

Reading and Homework Catch Up Day

**substitute**

Aggregate Supply & Aggregate Demand Day 2

Bellwork: give a real-world example of something that might shift aggregate supply

Objective: explain the macroeconomic equilibrium; understand aggregate demand curve shifts; understand aggregate supply curve shifts

Activity: aggregate supply & aggregate demand activity

Homework: See Master Schedule for more details on homework

Absent? review the activity sheets below and do the activities.

Aggregate Supply & Aggregate Demand

Bellwork: list three shifters of aggregate supply (REP)

Objective: explain the macroeconomic equilibrium; understand aggregate demand curve shifts; understand aggregate supply curve shifts

Activity: aggregate supply &demand PowerPoint; watched H2O FOR LIFE presentation

Homework: See Master Schedule for more details on homework

Absent? review the PowerPoint below and take notes.

Types of Aggregate Supply

Bellwork: explain why the LRAS curve is a vertical line.

Objective: define aggregate supply; explain why the aggregate supply curve
is upward sloping; describe the factors that affect aggregate supply; explain what factors will shift the aggregate supply curve

Activity: aggregate supply PowerPoint

Homework: See Master Schedule for more details on homework

Absent? review the PowerPoint below and take notes.

Shifts in Aggregate Supply

Bellwork: explain the difference between Keyne's and Hayek's views on the economy.

Objective: define aggregate supply; explain why the aggregate supply curve
is upward sloping; describe the factors that affect aggregate supply; explain what factors will shift the aggregate supply curve

Activity: aggregate supply PowerPoint

Homework: See Master Schedule for more details on homework

Absent? review the PowerPoint below and take notes.

Aggregate Supply

Bellwork: name two things that might cause a shift in aggregate demand.

Objective: define aggregate supply; explain why the aggregate supply curve
is upward sloping; describe the factors that affect aggregate supply; explain what factors will shift the aggregate supply curve

Activity: aggregate supply PowerPoint

Homework: See Master Schedule for more details on homework

Absent? review the PowerPoint below and take notes.

Shifts in Aggregate Demand

Good review video!

Bellwork: name one theory (effect that explains why aggregate demand is downward sloping. Explain that theory.

Objective: explain what factors will shift the aggregate demand curve.

Activity: Aggregate Demand Powerpoint and Worksheet

Homework: See Master Schedule for more details on homework

Absent? Take notes on the powerpoint below (from 2/5/2015)

Aggregate Demand

Good review video!

Bellwork: Compare a business selling shoes with the total sale of everything for the whole country. What might the two different graphs look like in terms of demand? Specifically, how do you think the X- and Y- axes would be labeled?

Objectives:

• define aggregate demand
• explain why the aggregate demand curve is downward sloping
• describe the factors that affect aggregate demand
• explain what factors will shift the aggregate demand curve

 

Activity: Aggregate demand PowerPoint and activity

Homework: See Master Schedule for more details on homework

Absent? Review the slideshow below and take notes.

Keynesian Economics

Bellwork: If you were in charge of the government, what would you do to balance the budget?

Objective: students will define and examine the role of Keynesian economics during recessions and depression

Activity: Keynes activity and powerpoint

Homework: See Master Schedule for more details on homework

Absent? Take notes on the powerpoint below

Absolute and Comparative Advantage Reteach

Bellwork: none

Objective: Develop a broad understanding of comparative advantage and its significance for international trade theory by examination of a model.

Activity: Comparative Advantage Worksheet Review

Homework: Homework is due today, I you are absent please turn it in the first day of your return.

Absent? Arrange a time to come in and take the unit exam/FRQ

WORKSHEET:


ANSWER SHEET