Sunday, October 12, 2014

Week of 10/13 - 10/17

This week we will be wrapping up our unit on National Income Accounting. We will be getting into how all the factors we looked at in this unit can be influenced to try and produce the desired results of Economic Growth and Stability. First we will build up the older model of the Keynesian Approach (Aggregate Expenditures) before we get into the composite Aggregate Supply and Aggregate Demand of the following unit.

This is our tentative plan for the week. Keep in mind our scheduled quiz for Thursday.


Day Plan Homework
Monday
1) Economic Growth and Stability
Chapter 8 Problems
Tuesday
Activity 18: Test Your Understanding of Macroeconomic Indicators
Wednesday
1) PSAT Time
  • Practice Problems from Mankiw Book
Study for Tomorrow's Quiz
Thursday
1) QUIZ - Unemployment & Inflation
  • Including Nominal & Real GDP Conversion
2) Introduction to Aggregate Expenditures
Read and Note Chapter 9 pages 159-166
Friday
1) Consumption Function
  • Consumption (C) and Savings (S)
  • APC, APS
  • MPC, MPS
  • OLD Activity 24: What Is an MPC?