ECONOMICS: April 16 Yesterday’s Assignment (TURN IN)

Slides:

Advertisements

Similar presentations

MACROECONOMICS The study of the major economic totals, or aggregates, such as the nation’s output, the national unemployment rate, or the general price.

Advertisements

 Gov. can affect AD through G or T  Directly: increase or decrease G, AD shifts  Indirectly: increase or decrease T and C and I will change, which.

Aim: ECONOMIC POLICY POLITICS OF ECONOMIC PROSPERITY Economy and elections “pocketbook issue” “It’s the economy stupid” Unemployment inflation.

Fiscal Policy, Deficits, and Debt Chapter 30 McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.

AP Economics March 30, Review Unit 3 Exam 2.Lesson 4-1: Intro to Fiscal Policy 3.HW: Activities 5-1 through 5-3.

Module 31 Monetary Policy & the Interest Rate

Module 20 April  John Maynard Keyne – Keynesian economics – the idea that if the economy is in trouble, the government should correct it by spending.

Unit 3: Aggregate Demand and Supply and Fiscal Policy 1 Copyright ACDC Leadership 2015.

Unit 3-5: Aggregate Demand and Supply and Fiscal Policy 1.

Fiscal Policy. Fiscal Policy - the use of government spending (expenditures) and revenue collection (taxes) to influence the economy. 1. Congress’s Role.

Fiscal Policy. Purpose The use of government spending and revenue collection (taxes) to influence the economy.

Fiscal Policy. Fiscal Policy Terms Fiscal Policy: Changes in federal government spending or tax revenues designed to promote full employment, price stability,

Fiscal Policy SSEMA3 a-b. Purpose of Fiscal Policy  The use of government spending and revenue collection (taxes) to influence the economy.

Unit 3: Aggregate Demand and Supply and Fiscal Policy 1.

Trump to unveil tax cut he says could be biggest ever (FoxNews)

Unit 3: Aggregate Demand and Supply and Fiscal Policy

DO NOW Answer question 8 on p. 453.

Aim: ECONOMIC POLICY POLITICS OF ECONOMIC PROSPERITY

Unit 3: Aggregate Demand and Supply and Fiscal Policy

SSEMA3-Explain how the government uses fiscal policy

ECONOMICS: November 6 Economics Learning Targets #1

Money, Output, and Prices in the Long Run

ECONOMICS: April 20 Warm-up: If the economy is experiencing a recession, would the Fed increase or decrease the money supply? Why?

FRQ next Friday; MCT #3 on Monday, October 22nd

Unit 3: Aggregate Demand and Supply and Fiscal Policy

AP ECONOMICS: October 16 Warm-up How would government economic policymakers use the fiscal policy tools if the economy is experiencing: (1) a recessionary.

ECONOMICS: April 23 Warm-up If the economy is experiencing a recession, how would the Fed use it’s monetary policy tools to get the economy out of the.

The use of government spending and taxation to stabilize the economy.

PHILLIPS CURVE QUIZ IS FRIDAY

MCT #3—Thur., Apr. 5th & Fri., Apr. 6th/FRQs #6 & #7—Mon., Apr. 9th

ECONOMICS: November 6 Warm-up (from Keynes reading—class set HO) What does Keynesian economics argue? What happens to Real GDP and unemployment during.

ECONOMICS: April 13 Warm-up If the economy is experiencing a recession, how would economic policy-makers use the fiscal policy tools? Who is responsible.

AP ECONOMICS: October 17 --Fiscal policy, long-run equilibrium & gaps Quiz (HO) A.P. Economics Learning Target In order to understand how equilibrium.

AP ECONOMICS: October 5 Warm-up: Complete then discuss Worksheet 19.1 (HO from earler) A.P. Economics Learning Target #1 (10-5) In order to understand.

ECONOMICS: November 14 Warm-up If the economy is experiencing a recession, what might the Fed do to address the situation? (Hint: 3 options) Learning.

ECONOMICS: April 16 Warm-up (using Act. 5-2 HO) Discretionary vs. Automatic Fiscal Policy (#1, #3, #4, #6, #7, & #10) Economics Learning Target In order.

AP ECONOMICS: November 1

Government Intervention in the Free Market?

ECONOMICS: November 5 Learning Target #1

ECONOMICS: November 13 Warm-up If the economy is experiencing a recession, to get the economy back on track: (1) Would the government increase or decrease.

ECONOMICS: November 12 Warm-up How do banks make money? Why are banks considered to be a meeting place that help to facilitate economic activity? Complete.

AP ECONOMICS: October 15 Warm-up From memory, draw three LRAS-AD-AS graphs showing the three basic situations of which the economy can be operating.

ECONOMICS: November 7 Warm-up How would economic policy-makers use the fiscal policy tools if the economy is experiencing: (1) a recession; and (2) excess.

AP ECONOMICS: February 26

AP ECONOMICS: March 1 --Fiscal Policy Tools; Rescessionary and Inflationary Gap reteach Warm-up If the government decides to spend $500B more on infrastructure.

Unit 3: Aggregate Demand and Supply and Fiscal Policy

Ch. 12, 13, and 17 Test is next Friday

AP ECONOMICS: March 21 Warm-up

Unit 3: Aggregate Demand and Supply and Fiscal Policy

AP ECONOMICS: March 28 Monetary & Fiscal Policy Mix Quiz is TOMORROW

Unit 3: Aggregate Demand and Supply and Fiscal Policy

Unit 3: Aggregate Demand and Supply and Fiscal Policy

AP ECONOMICS: March 27 Warm-up: Economic Statistics: GDP -1.0%; Unemployment 7.7%; Inflation +0.5%. Show how the Fed will implement countercyclical.

Monetary & Fiscal Policy Mix Quiz is Friday

ECONOMICS: November 8 Warm-up #1: if the economy is experiencing a recession, how would economic policymakers use the fiscal policy.

AP ECONOMICS: March 26 Money Market Quiz TOMORROW

AP ECONOMICS: February 23

FRQs and MCT Tue., through Thurs., 10-19

All assignments for the unit must be turned in by TOMORROW

AP ECONOMICS: March 28 --Monetary and Fiscal Policy Mix—Making the Connections Fiscal Policy Portion (bottom two sections) (HO) --Money Market, Fiscal.

AP ECONOMICS: February 25

Ch. 10, 14, 15, and 16 Test is next Thursday

All makeup work due no later than Wednesday

ECONOMICS: November 7 Warm-up: Why is the property tax regressive? (see pie chart HO from yesterday) Do tenants of rentals have to pay property taxes?

ECONOMICS: April 18 Warm-up If the economy is experiencing excess inflation, how would economic policy-makers use the fiscal policy tools? What would.

ECONOMICS: April 17 Warm-up

ECONOMICS: April 12 Warm-up

ECONOMICS: April 22 Warm-up What is the difference between discretionary and automatic fiscal policy? Economics Learning Target In order to understand.

ECONOMICS: April 30 Warm-up If the economy is experiencing a recession, how would the Fed use it’s monetary policy tools to stimulate demand in the.

Presentation transcript:

ECONOMICS: April 16 Yesterday’s Assignment (TURN IN) Clarification needed? -pie charts -taxation spreadsheet Economics Learning Target In order to understand how the government works to promote the economic goals of full employment, price stability, and economic growth, I will analyze demand-side fiscal policy. I will know I have it when I can: (1) list the fiscal policy tools; (2) explain changes in fiscal policy on unemployment, inflation, real GDP, the budget, and the national debt; and (3) draw AD-AS graphs illustrating how fiscal policy can close recessionary and inflationary gaps. -John Maynard Keynes biography (class set) and video clip (5:15) -fiscal policy players: Congress and President working together Chapter 15, Lesson 1: Demand Side Fiscal Policy (HO) -fiscal policy tools (taxation and government spending) Assignment Read Ch. 15, Lessons 1 & 3