Agenda 10/30/13

1.  Economic Challenge Presentations
2.  HW:  Exam
Sections 1.13 and 1..14 Monday
Sections 1.15 and 1.16  Tuesday

Agenda 10/28/13

1.  Economic Challeges Group Work
2.  HW:  Be prepared to give presentations on Tuesday, Wed, Thurs.

Agenda 10/25/13

Bell Task:   From the Keynesian perspective, show how shifting LRAS affects price level.

1.   Homework review:  16.1, 16.2 Workpoints, Exam reveiw pg. 202
2.  HW:   Prepare Economic Challenge solutions.

Agenda 10/23-24/13

1.  Quiz:   LRAS
2.   Discussion 2.16 Macroeconomic equilibrium
3.   Review:   16.1 and 16.2

4.   HW:
 Exam Review Questions
Pg. 202  #1-3

Agenda 10/22/13

1.   Bell Task:  

List Demand Side Policies,  Market-based Supply Side, Interventionist Supply Side Policies

2.   Argue from your teams perspective, the best approach to help an economy.

3.  HW:   Student Workpoint 16.1 and 16.2  (Separate Paper)

Agenda 10/21/13

1.  Bell Task:   Discuss Fiscal and Monetary solutions to slow GDP growth.

2.  Discussion 2.15:   Aggregate Supply

Compare the Keynesian and New Classical explanations for LRAS.

3.  HW:  Read Thru 198

Agenda 10/18/13

1.  Bell Task:  Read:  Rising Household Debt Threatens Recovery pg. 174
a.  Using AD/AS diagram, explain how the issue of Debt in Canada may affect the Canadian economy.
b.  Suggest moves that the Canadian govt. could make to improve the economy.  Use both Fiscal and Monetary Policy.

2.  Discussion 2.14:  Aggregate Demand Components
3.  Student Workpoint 14.3 (In Journal)
4.  HW:   Read thru pg.  190

Agenda 10/17/13

1.  Bell Task:  Evaluate the use of GDP as a means of comparing countries.
2.  Exam Handback and review
3.  Discussion 2.14  Aggregate Demand
 4.  HW:   Read Thru pg. 181

Agenda 10/11/13

1.   Bell Task:   Distinguish between the following:

GDP
GNP (GNI)

Why is it important to measure GDP?
Why might we want to use GDP instead of GNP?
List your guess of top 10 GDP/capita countries.

Why would you expect an LDC to have GDP>GNP?

2.  Measuring National Income
3.  The Business Cycle
4.  HW:  Read thru 179

Agenda 10/9/13

1.  Bell Task:   What is Macro-economics?   What are it's main goals?

2.  Discussion: 2.13
Circular Flow Model
Measuring National Income
GDP
GNP/GNI
Nominal vs. Real GDP
GDP per Capita

3.  HW:   Read Thru: 174

Agenda 10/8/13

1.  Exam 1.05 and 1.12
2.  HW:  Read thru 165

Agenda 10/2-3/13

1.  Bell Task:   Paper 1 Essay Question pg. 154  #2
2.  Student Workpoint 13.1 pg. 160
3.  HW:  Read Thru pg. 165
Exam 1.5 and 1.12  on Monday 
Objectives Due Monday.

Agenda 10/1/13

1.  Bell Task:    Pick 2 of the following , describe the TYPE of externality and then analyze the issue using an appropriate diagram.   What are possible solutions that govt. can employ?

a.  Solar Panels
b.  Hand Guns
c.  Company sponsored fitness training

2.  Discussion 1.12:   Types of Externalities
3.  HW:   Read Thru:   Middle of 165