Agenda 10/30/12

1.   Bell Task:   Discuss each component of AD and what causes changes in each component.


2.   Discussion 2.14:  Aggregate Demand
Fiscal vs. Monetary Policy and AD

3.  HW:   Bring Books Wednesday
Read Thru 191 by Friday

Agenda 10/23/12

1.   Exam Section 1
2.   HW:  Read thru 174

Agenda 10/23/12

Exam Tomorrow
Sections 1.04, 1.05, 1.12

Agenda 10/22/12

1.  Bell Task:   Quiz:  Measuring National Income
2.  Discussion:  Measuring National Income
3.  HW:  Exam Wednesday

1.04 Elasticities,
1.05 Subsidies and Indirect Taxes (exclude price controls),
1.12  Market Failure

Agenda 10/19/12

1.  Bell Task:    Which is likely to be greater for the US?  GDP or GNP.   Ireland?

Have you all registered?


2.  Discussion 2.13:  National Income

HW:   Read thru 174

Agenda 10/17/12

1.   Registration
2.   Discussion 1.12:  Externality Groupwork
3.   Sustainability, Common Access Resources
4.  HW:  Read thru 165

Agenda 10/10/12

1.  Quiz:   Diagram the effects of a subsidy.

2.  Discussion:  Externalities, Subsidies, and Indirect Taxes

3.  HW:   Read 139-147:  Positive and Negative Externalities