Economics (Period 2)

Syllabus #12 Ms. Deeter

March 2 – March 6, 2009

Macro Topics

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

Class #1 Go Over Exercises McConnell (Ch 17): pp. 320-322

3/2 Constructing a Phillips Curve Phillips Curve … (Ex)

Phillips Curve Finish PS #4, Q’s #1-2

Stagflation

Supply Side Model

Lorenz Curve

Class #2 Review LRAS, PPC, PC, Stagflation, Lorenz Curve McConnell (Ch 17): pp. 323-334

3/3 Finish Supply Side / Laffer Curve

Classical and Keynesian Models

Comparing Classical & Keynesian Models (Ex)

Hand in PS #4, Q’s #1-2

Class #3 Views on Macro Instability Sorting Out Economic Theory (Ex)

3/4 Views on “Self-Correction” (Use table on p. 334 as a reference)

Rules or Discretion? Prepare for FOMC Simulation

Sorting Out Theory Examples

Active vs. Passive Policies (Ex)

Class #4 Work on FOMC Research FOMC Simulation Tomorrow!

3/5

Class #5 FOMC Simulation!!! J

3/6