Focus: review key points of fiscal and monetary policy.
Packet Pages: 403 - 407
4.2: Issues with Fiscal Policy 3/29
Focus: Discuss challenges of fiscal policy that make some economists question its effectiveness and appropriateness.
Packet Pages: 408 - 415
4.3: Evaluating Monetary Policy 4/1
Focus: Discuss factors of monetary policy that may influence its effectiveness.
Packet Pages: 416 - 420
4.4: Issues of Price Levels in the Long Run 4/2
Focus: Describe the classical model of the price level. Explain issues around printing money.
Packet Pages: 421 - 428
4.5: The Philips Curve 4/4
Focus: Use the model of the Philips Curve to discuss the relationships between unemployment and inflation in the short-run and long-run. Relate these back to the Aggregate Demand-Aggregate supply model and the concept of full employment.
Packet Pages: 429 - 439
4.6: Comparing Macroeconomic Theories 4/5
Focus: Compare and contrast major economic theories. Relate the various theories to the models we have discussed in the last several units.
Packet Pages: 440 -
4.7: Practice Concepts 4/8
Focus: Compare and contrast major economic theories. Relate the various theories to the models we have discussed in the last several units.
Packet Pages: 440 -
4.8: Practice Test - At Home on SAT/PSAT days - Tutorial Video if Needed
Focus: Compare and contrast major economic theories. Relate the various theories to the models we have discussed in the last several units.
Packet Pages: 440 -
4.9: Unit Test 5/12 (Thursday Schedule)
Focus: Compare and contrast major economic theories. Relate the various theories to the models we have discussed in the last several units.
Packet Pages: 440 -
3.10: The Quantity Theory of Money 3/9 - Move to Unit 5