William Rainey Harper College

MACROECONOMICS ONLINE!

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Economics Glossary

Activities Outline

[Unit 1] [Unit 2] [Unit 3]

 

UNIT 1: What is Economics? -
The 5 Es of Economics, Structureal Adjustment and the Market Economy

TOPIC:

ACTIVITIES:

Orientation

Introduction: Macroeconomics in the Global Economy

What is Economics?

Graphing

The Economic Problem

Demand and Supply

Economic Interaction and International Trade
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UNIT 2: What is Macroeconomics? -
Unemployment, Inflation, and Economic Growth

TOPIC:

ACTIVITIES:

Introduction to Macroeconomics
  • Online Lecture:
  • CD-ROM Lecture: Lecture 1

Overview of the U.S. Economy

A Model of the Macroeconomy: AD/ AS

Measuring the Economy

Unemployment and Inflation

AS in the Long Run
  • Online Lecture:
  • Assignments: Chapter 16
  • CD-ROM Lecture: Lecture 5 (again)
  • Review Questions

Economic Growth

Economic Growth in the Less Developed Countries
  • Online Lecture: LDCs
  • Assignments: Chapter 22
  • CD-ROM Lecture: Lecture 11 (again)
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Unit 3: Macroeconomic Policy -
Fiscal and Monetary Policy

TOPIC:

ACTIVITIES:

Keynesian Economics and Fiscal Policy

Money Creation

The Federal Reserve System

Monetary Policy

Disputes in Macroeconomic Theory and Policy
  • Online Lecture:
  • Assignments: Chapter 17
  • CD-ROM Lecture: Lecture 8
  • Review Questions
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INSTRUCTIONS FOR VIEWING THE CD-ROM LESSONS

  • Software Required to View the CD-ROM Lectures
    • The Power of Economics CD-ROMs uses Microsoft PowerPoint software. Note that you do not need to have PowerPoint software on your computer. A PowerPoint viewer is built right into each CD-ROM.
    • To use the viewer, all you need to do is insert the CD-ROM into your machine and the lectures “boot up.” You then navigate through the lectures in “slide show” mode with both audio and visual slides.
    • Note, however, that if you have PowerPoint for Office 97 or higher, you can access each lecture directly off the CD-ROM by opening the appropriate file in PowerPoint. There are several advantages to doing so.
      1. First, it’s a little easier to navigate through the lectures if you can see the slides in the “slide” or “slide sorter” modes. For example, in some cases, you may not be able to finish a lecture and you may want to resume viewing later at a particular slide. It’s a bit easier to find that slide in the “slide sorter” mode and then click on to go into “slide show” mode.
      2. Second, in the “notes page mode,” you can make notes to accompany each slide. However, in the notes mode, you do not hear the audio track.
      3. Third, if you want to print out the slides, the easiest way to do so is in the “slide sorter” mode. Just select three or six slides per page and you’ll save some paper and see the slides in hard copy.

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Week/Dates

What you should be doing:

1

Jan. 16-21
Chapters 4 and 23
Orientation and Macroeconomics in the Global Economy

2

Jan. 22 - 28
Chapter 1
What is Economics? and Graphing

Graphing:

3

Jan. 29 -Feb. 4
Chapter 2
The Economic Problem

4

Feb. 5-11
Chapter 3
Demand and Supply

5

Feb. 12-18
Chapters 6 and 20
Economic Interaction and International Trade

6

Feb. 19 - 25
Exam 1 - Unit 1

7

Feb. 26- Mar. 4
Chapter 5
Introduction to Macroeconomics and Overview of the U.S. Economy

8

Mar. 5-11
Chapter 11
A Model of the Macroeconomy: AD/ AS

9

Mar.12-18
Chapter 7
Measuring the Economy

10

Mar. 19-25
Chapter 8
Unemployment and Inflation

Mar. 26 - April 1
  • SPRING BREAK

11

April 2 - 8
Chapter 16
AS in the Long Run

12

April 9-15
Chapter 18
Economic Growth

and

Chapter 22
Economic Growth in the Less Developed Countries

13

April 16-22
Exam 2

14

April 23-29
Chapter 12
Keynesian Economics and Fiscal Policy

15

April 30- May 5
Chapter 13
What is Money?

and

Chapter 14
How Banks Create Money

16

May 6-13
Chapter 15
Monetary Policy

17

May 14-16
  • Take the Comprehensive Final Exam by Wednesday, May 16.