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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

• How Equity Increases Society's Satisfaction (Under Construction)

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

• PPC done
• BCA done

2a - Economic Systems and Globalization

2b - Role of Government and Government Finance

• AVERAGE TAX MARGINAL TAX AMOUNT PAID IN TAXES (Under Construction, jpg )

3a - Demand

3b - Supply

3c - Market Equilibrium and Efficiency

• Beef and Chicken done
• Almonds done
• McDonald's done

20a - Why we Trade: Comparative Advantage

• GAINS FROM TRADE done
• FEASIBLE TERMS OF TRADE

20b - International Trade and Foreign Exchange Markets

• DOMESTIC GRAPH TARIFFS AND AMT COLLECTED BY GOVERNMENT PRODUCT PRICE
• XR PROBLEMS GRAPH AND DETERMINANTS (Under Construction jpg )

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 done
  Article 2 - The US Economy has Reached a Turning Point done
  Article 3 - Economy is Bad, but 1982 was worse done
  Article 4 - Early 1980s Recession done
  Article 5 - The Roosevelt Recession done
  Article 6 - Post Korean War done
• AS AD GRAPH WITH GDPFE- WHICH POLICY WOULD BE BEST? AD1 AD2 AD3

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

• LONG RUN ADJUST ( jpg )

9a - Unemployment (UE)

9b - Inflation (IN)

• CALC RATE OF IN

7a - Measuring the Economy: GDP

• TABLE CALC GDP NDP NI
• IN WHICH YEAR WAS THEREA RECESSION? CALC REAL GDP

8a - Economic Growth (EG)

• THE 5 GRAPHS / SEE YP
• THE 6 CAUSES YP

22Wa - Economic Growth in the LDCs

Unit 3: MACROECONOMIC POLICY

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

• RA # 20 THE THREE GRAPHS
• MD AND MS / SHIFTING MD

15a - How Banks Create Money

• MONEY CREATION SINGLE BANK AND BANKING SYSTEM RA3-7 ( jpg )

16a - Monetary Policy (MP)

• Article 1 - Fed Lowers interest Rates done (jpg )
• Article 2 - Interest rates are going up again as the economy gets hotter done (doc )
• MP THREE GRAPHS RA 20
• FED BUYS FROM BANK FED BUYS FROM PUBLIC RA 6 / AND BALANCE SHHET CHANGES
• RA 13 Refer to the above data. If the Fed reduced the reserve requirement from 20 percent to 16 percent, excess reserves in the commercial banking system would increase by _____ and the monetary multiplier would rise to

16b - Other Monetary Policy Issues

• MONETARISTS VS NEW KEYNESIANS GRAPH

10a - The Spending Multiplier

• THE MULTIPLIER PROCESS
• CALC: MPC MPS C change in GDP, and MULTIPLIER -TABLE ( jpg ) AND GRAPHS

13a - Fiscal Policy

• GOVT SPEND MULT, TAX MULT, BB mult / GRAPH ( jpg )
• RA 1 TABLE OF DATA mpc mps MULTIPLIER IF INCREASES
• YP CONSUMPTION TABLE CHANGES WHEN TAX INCREASES ???

13b - Other FP Issues and Government Debt