Economics (Period 1)

Syllabus #10 Ms. Deeter

February 2 – February 13, 2009

Measuring Economic Performance and the Keynesian Cross

Date In Class Assignment: (for the night after class)

Class #1 Consumption & Savings McConnell (Ch 9): pp. 166-172

2/2 Investment (Up to International Trade …)

Receive FOMC Info (Online) Finish Web Questions #9

Class #2 Equilibrium GDP McConnell (Ch 9): pp. 173-179

2/4 Start the Multiplier (Up to Equilibrium vs. F/E GDP)

Consumption & Savings (Ex)

Shifts (Ex)

Hand in Web Questions #9

Class #3 Finish the Multiplier McConnell (Ch 9): pp. 179-183

2/5 Balanced Budget Multiplier Macro Take-Home Quiz #1

Keynesian Cross

The Multiplier Exercise (Ex)

The Multiplier / Calculate MPC (Ex)

Receive Macro PS #2

Class #4 Keynesian Cross Critiqued McConnell (Ch 11): pp. 208-215

2/6 Keynesian Cross (Ex) The Classical Economists (Ex)

The Classical Model Macro Take-Home Quiz #2

The Keynesian Model

Class #5 Adam Smith (Ex) McConnell (Ch 11): pp. 216-223

2/9 Introduction to Keynesian Finish Macro PS #2, Q’s #1-2

Economics (Ex)

Keynes and Economic Equilibrium (Ex)

Class #6 Fiscal Policy Study Questions

2/10 A Common Sense Introduction

to Fiscal Policy (Ex)

Hand in Macro PS#2, Q’s #1-2

Class #7 Fiscal Policy Study For Test

2/11 - Crowding Out

Fiscal Policy and the Debt

Review – Go Over Exercises

PS #2, Q’s #3-4 (do in class / for practice)

Class #8 Macro Test #2 McConnell (Ch 12): pp. 228-234

2/12

Class #9 TBA J

2/13