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Unit 1: ECONOMICS and GLOBALIZATION

1a - The Class and the Math

1b - What is Economics and the 5Es
How EQUITY Increases Society's Satisfaction

1c - Making Choices: Production Possibilities (PPC) and Benefit-Cost Analysis (BCA)
Production Possibilities Curve (PPC) - Click Here
Using Benefit Cost Analysis (BCA) - Click Here

2a - Economic Systems and Globalization

2b - Role of Government and Government Finance
Calculate tax owed, marginal tax rate, and average tax rate

3a - Demand

3b - Supply

3c - Market Equilibrium and Efficiency
Beef and Chicken
Almonds
McDonald's

20a - Why we Trade: Comparative Advantage
The Gains from Trade - Click Here

20b - International Trade and Foreign Exchange Markets 
Using Demand and Supply Graphs to Show Why Exchange Rates Change

Unit 2: INTRO. TO MACROECONOMICS

12a - AD/AS Model: AD Graph and Determinants

12b - AS and Equilibrium: UE, IN, and EG
Article 1 - Red Flag
Article 2 - The US Economy has Reached a Turning Point
Article 3 - Economy is Bad, but 1982 was worse
Article 4 - Early 1980s Recession
Article 5 - The Roosevelt Recession
Article 6 - Post Korean War

12c - Stabilization Policies and AS/AD in the Long Run

9a - Unemployment (UE)

9b - Inflation (IN)

7a - Measuring the Economy: GDP

8a - Economic Growth (EG)

22Wa - Economic Growth in the LDCs 

Unit 3: MACROECONOMIC POLICY

14a - Money, the Money Market, and the Fed

15a - How Banks Create Money
Money Creation - Single Bank and Banking System

16a - Monetary Policy (MP)
Article 1 -
Fed Lowers Interest Rates
Article 2 -
Interest rates are going up again as the economy gets hotter

16b - Other Monetary Policy Issues

10a - The Spending Multiplier
The Simple Multiplier (table)
The Simple Multiplier (graph)

13a - Fiscal Policy
Fiscal Policy and the Multipliers: (change in G, T, BB, with inflation

13b - Other FP Issues and Government Debt

Unit 1: ECONOMICS and GLOBALIZATION

1a - Introduction to the Course

1b - What is Economics and the 5Es

1c - Making Choices: Production Possibilities (PPC) and Benefit-Cost Analysis (BCA)

2a - Economic Systems and Globalization

2b - Role of Government and Government Finance

3a - Demand

3b - Supply

3c - Market Equilibrium and Efficiency

20a - Why we Trade: Comparative Advantage

20b - International Trade and Foreign Exchange Markets

 

Unit 2: INTRO. TO MACROECONOMICS

12a - AD/AS Model: AD Graph and Determinants

12b - AS and Equilibrium: UE, IN, and EG

12c - Stabilization Policies and AS/AD in the Long Run

9a - Unemployment (UE)

9b - Inflation (IN)

7a - Measuring the Economy: GDP

8a - Economic Growth (EG)

22Wa - Economic Growth in the LDCs

 

Unit 3: MACROECONOMIC POLICY

14a - Money, the Money Market, and the Fed

15a - How Banks Create Money

16a - Monetary Policy (MP)

16b - Other Monetary Policy Issues

10a - The Spending Multiplier

13a - Fiscal Policy

13b - Other FP Issues and Government Debt