Monday
2/1

Activities:

• (Block) 
• per-capita GDP,  CPI, PPI
• GDP Price Deflator
• who is helped & hurt by unanticipated inflation
• Review Activities 2-3, 2-4 & 2-5
 
• Ch. 23 PPT
  (Businesss Cycles-Unemployement-Inflation)
• CPI FAQ (interesting)
• the Business Cycle
• weaknesses of per capita GDP and CPI

Homework:

• -------
• ACDC Macro 2-6 Business Cycle (1:33)
• ACDC Macro 2-5 Unemployment & the Natural Rate of Employment (1:55)
  
• Complete 2-6 (not on quiz)
  
• Complete:  
  AP Classroom Unit 1 MC Progress Check
  AP Classroom Unit 2 MC Progress Check
  (Unit 2 useful for practicing for Wed Quiz)

return to previous month's plans

Tuesday
2/2

Activities:

• (Block) No Class
  

Homework:

• Study for:
  Quiz on Measuring Economic Performanc
  

Wednesday
2/3

Activities:

• (Block) 
  Quiz on Measuring Economic Performance

• Unemployment: Frictional, Structural, Cyclical, & Seasonal
• Natural Rate of Unemployment
  
• (Businesss Cycles-Unemployment-Inflation)
  
• CPI FAQ (interesting)
• Complete & Discuss 2-6
  

• "Aggregate Demand Day" #1

• Ch. 26 PPT
• The Aggregate  Demand Curve (Wealth, Interest Rate, & Foreign Purchases Effects)

Homework:

•  

• ACDC Macro Intro - Aggregate Demand, Aggregate Supply & Fiscal Policy (2:19)
• Read (Ch 26 pp. 521-530) 
  Aggregate Demand/Supply &
  Changes in Agg. Demand/Supply

Boot Donkey Handout #2
• Complete 3-1 & 3-3
• ACDC Macro 2-7 The Unemployment Game Show: Are you 'Really' Employed? (2:10)
        (-----------------WORTHY----------------)
  
  

Thursday
2/4

Activities:

• Block)  No Class

Homework:

Friday
2/5

Activities:

• "Aggregate Demand Day" #2

• shared Aggregate Demand-Supply Determinants (boot donkey p. 522)
  
• Personal Income (PI), Disposable Income (DI)
• Determinants of AD curve  Visual 3-1 &
  Visual 3-2 Shifts in Aggregate Demand
  fig. 11-3 (p. 523) [moves curve]



• Introduced Aggregate Supply
• Determinants of AS curve 
  fig. 26-6 (p. 529) [moves curve]
• Nominal Income & Real Income,
• Introduced MPC & MPS & APC & APS
• Discuss 3-1 &
• Visual 3-6  The Effects of Shifts in Aggregate Demand

Homework:

• Complete 3-3
  
• ACDC Macro 3-1 Aggregate Demand & Supply & LRAS (3:26)
  
• -------------
• ACDC Macro 3-1A AD, AS, & LRAS (Additional version) (4:25)
• ACDC Macro 3-9 Calculating the Multiplier (1:50)
• ACDC Macro 3-8 Multiplier Effect, MPC & MPS (2:17)
• ACDC Macro 3-10 Multiplier & Spending Practice (2:03)
• ACDC Macro 3-11 Multiplier & Taxes Practice (3:21)
• 
  

Monday
2/8

Activities:

• (Block)
• Review Agg. Supply Determinants
• Go Over 3-3
  
• ---------------
• 3 Ranges of Aggregate  Supply Curves
• began discussing the Spending Spending Multiplier
• Discuss Activity 3-2
• 
  

Homework:

• Complete Activity  3-2
• 
  
• Read Ch. 24 pp. 478-483
  (Income-Consumption & Savings Relationship)
   (MPC & MPS & Spending Multiplier)
• --------------
• Read Ch. 24 pp. 485-490
  (Interest Rate-Investment Relationship &
  shifts of the Investment Demand Curve)
  

Tuesday
2/9

Activities:

• SNOW DAY

Homework:

• Macro Unit 2  MC Answers
• Macro Unit 3 MC Answers
• 
  
• Review Quiz (19th ed.)
  
• Quiz tomorrow on  (Agg. Demand/Supply, Bus. Cycle, Unemployment, MPC & MPS, Multipliers, etc)
• 
  

Wednesday
2/10

Activities:

• (Block) No Class
  

Homework:

Thursday
2/11

Activities:

• Quiz on components of GDP,  Unemployment, Bus. Cycle, MPC & MPS, Multiplier
  
• Textbook Registration Link
  I will post Code on the Board
•  
--------
• Reviewed MPC & MPS & Spending Multiplier & Tax Multiplier  (also discussed APC & APS)
  
• 
  

Homework:

• Practice Questions for Macro MC test

Friday
2/12

Activities:

• (short class.. 28 min)
• Finish Tax Multiplier & Balanced Budget Multiplier (good examples w definition)
• Balanced Budget (good visual example)
• -----------
• Writing on board during class
• Recessionary Gap & Inflationary Gap

Homework:

• Complete Activity 3-4 & 3-5 & 3-6
  
• Read Ch. 26 pp. 530-536 in the online textbook and Answer questions in Quick Quiz on p. 531
  
• Complete Practice Quiz on Canvas
  "Agg. Demand & Supply Practice Questions"
  
• Prepare for the Macro Test #1: Measuring Economic  Performance Test likely next Friday

Monday
2/15

Activities:

• No School (President's Day)
  

Homework:

Tuesday
2/16

Activities:

• Okun's Law & GDP Gap
• Inflation: Demand-Pull (Range 1,2,3) & Cost Push  (Wage Push, Supply Shock)
  
• LRAS & FE and Natural Rate of Unemployment
• Visual 3-7  The Effects of Shifts in Aggregate Supply
• Inflation: Demand-Pull (Range 1,2,3) & Cost Push  (Wage Push, Supply Shock)
• Discuss Activies 3-4 & 3-5 & 3-6
  
• Visual 3-5  The Equilibrium Price Level & Output
• Visual 3-6  The Effects of Shifts in Aggregate Demand
• ------------
• Complete Review for Macro Quiz #2 on AP Classroom (closed notes for practice) if have not already done so and
  Complete Unit 3 Progress Check (27 questions) also on AP Classroom (and also closed notes practice)

Homework:

• Complete 3-7 & 3-8, & 3-9
• MUST know how to calculate CPI & GDP Deflator
Study for Macro Test Measuring Economic  Performance & Agg. Demand/Supply

Wednesday
2/17

Activities:

• (Block) 
• Okun's Law & GDP Gap
• Leakages

Homework:

Thursday
2/18

Activities:

• (Block) No Class

Homework:

• Complete Activities 3-7 & 3-8, & 3-9

Friday
2/19

Activities:

• Discussed Activities 3-7 & 3-8, & 3-9

• Worked on APC Unit 2 Prog Ch FRQs
• and passed out APC Unit 3 Prog Ch FRQs

Homework:

• Study for Macro Test #1:
  Measuring Economic  Performance & Agg. Demand/Supply
• Finish:
  APC Unit 2 ProgCh FRQs & Unit 3 Prog Ch FRQs

Monday
2/22

Activities:

• (Block) No School 
  (Covid Vaccine Day #1)
  
• 8:00 p.m. Google Meet Review Session
  
  Google Meet Recording

Homework:

• Must Know: 
    -  how we measure inflation (Demand Pull & Cost-Push)
    -  impact of inflation on different groups
    -  Price Indexes & HOW TO CALCULATE THEM
    -  the characteristics of the Business Cycle
    -  Unemployment (diff. types)
    -  How Unemployment is measured & its impact on GDP
    -  Real vs. Nominal GDP
    -  Why is AD down sloping?
    -  Aggregate Demand & Aggregate Supply & their Determinants
    -  Spending Multiplier, Tax Multiplier, Balanced Budget Multiplier
    -  MPC, MPS
    -  Short Run Equilibrium & Long Run Equilibrium
  
• (Fiscal Policy & Automatic Stabilizers are NOT INCLUDED in tomorrow's test)
  

Tuesday
2/23

Activities:

Homework:

Wednesday
2/24

Activities:

•  (Block) 
• Macro Test #1: Measuring Economic  Performance & Agg. Demand/Supply (FRQs)

• Begin Monetary Policy
  

  difference between Money & Credit Cards
• Characteristics of Money
  
• 3 Main Functions of Money
• Fiat Money

Homework:

Thursday
2/25

Activities:

• (Block) No Class
• Enquirer Editorial (Trade)

Homework:

• Complete 4-1

• Watch & take notes in preparation for tomorrow:
  ACDC Macro 4-1 Money Market & Fed Tools (Types of Demand for Money) (Monetary Policy) (5:21)

Friday
2/26

Activities:

Homework:

• Print Unit 4 Visuals
• ACDC Video 4.1 & 4.3 Financial Assets & Money