What you missed us cover in class:

  •  

    Wednesday  10/3

    Spending Multiplier Simulation

    MPC and MPS

    Spending Multiplier Equation

    Auto-Stabilizers

    Consumption Function Graph/Equation

     

    Friday 10/5

    Practice Problems- Mod 16

    Aggregate Demand- graph and reasons downward sloping

    Great Depression and Recession articles

     

    Wednesday 10/10

    Discuss Negative Demand Shock Recessions

    Mod 16/17 Questions

    Mini-Quiz: Module 16 and 17

     

    Friday 10/12

    Short-Run Aggregate Supply (SRAS)- why upward sloping?

    Long Run Aggregate Supply (why vertical?)

    Reccessionary vs Expansionary Gaps

    Laissez-Faire and Self-Correction

    Keynesian Fiscal Policy 

     

    Tuesday 10/16

    Review SRAS and LRAS slopes

    Practice AD/AS graphs- self correction

    Pratcice Problems- AD/AS

    Explain Extra Credit Opps

     

    Monday 10/22

    Expansionary vs Contractionary Fiscal Policy- Vocab

    Discretionary Fiscal Policy vs Automatic Stabilizers

    Shifts of SRAS and Stagflation

    Quiz Review Game