U3 Daily Plan

3.1 Classical Aggregate Supply - Aggregate Demand 1/27

• Focus: Correctly set-up an AS-AD model and use to predict changes in GDP, price levels, and unemployment
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3.2 Intro to Aggregate Demand 1/28

• Focus: Define aggregate demand and explain what causes it to shift. Show on a graph.
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3.3 Consumption, Income, and Multipliers 1/30

• Focus: Discuss how we predict the impact of changes in income on aggregate expenditures.
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3.4 Investment as a Component of GDP/AD 1/30

• Focus: Discuss factors that cause investment spending to shift and implications on the business cycle.
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3.5 Government Spending and Aggregate Demand 1/31

• Focus: Explain how fiscal policy works and how the multiplier factors in to fiscal policy decisions.
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3.6 Net Exports 2/3

• Focus: Explain the factors that affect net exports and how this affects overall GDP.
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3.7 Aggregate Supply 2/4

• Focus: Explain factors that cause AS to shift and the implications of the short-run versus the long-run.
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3.8 Working with Changes in AS/AD 2/6

• Focus: Practice applying concepts of macroeconomic equilibrium.
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3.9: Self-Correction in the Long Run 2/6

• Focus: Explain how Classical Theory describes long-run self correction in the AS-AD model
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3.10: Fiscal Policy 2/7

• Focus: Explain considerations Congress must consider when using Fiscal Policy
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3.11: Automatic Stabilizers 2/11

• Focus: Review National Income and Price Determination using the practice test.
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3.1: Practice 2/13

• Focus: Review National Income and Price Determination using the practice test.
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3.10: Unit Test 2/14

• Focus: National Income and Price Determination Unit Test

Powerpoints;

2.1 2.2 2.3 2.4 2.5 2.6

Video 2.7 - 2/11/2019 afterwfards, complete 2.7 practice in packet!