HONORS ECONOMICS WEEK 15
12/3/07-12/7/07

CLASS

 Monday 12/3
Schedule		 Tuesday 12/4
Schedule		 Wednesday 12/5
Schedule		 Thursday 12/6
Schedule		 Friday 12/7
Schedule
F Lesson 1 Lesson 2 Lesson 3 X Lesson 4
G X Lesson 1 Lesson 2 Lesson 3 X
H Lesson 1 X Lesson 2 Lesson 3 Lesson 4
CHAPTER 11 and 16 CONCEPTS AND VOCABULARY

MONEY
MEANS OF EXCHANGE
STORE OF VALUE
MEASURE OF VALUE
LIQUIDITY
FEDERAL RESERVE

 MONETARY POLICY
OPEN MARKET TRANSACTION
DISCOUNT RATE
RESERVE RATIO
MULTIPLIER EFFECT

FISCAL POLICY
CROWDING OUT
AUTOMATIC STABILIZERS
BUDGET DEFICIT
STRUCTURAL DEBT
LESSON IN CLASS HOMEWORK
Lesson 1
  • Definition of  Money
  • The Federal Reserve System
  • The Tools of Monetary Policy

Read:  Text, Chapter 11, pp. 220-233
Focus on pp. 220-227, 231-233

QFR:  # 4, 5-8, pg. 235

PAA:  # 3, pg. 235

All answers must be IYOW.

These assignments are to be posted on the appropriate Blackboard Discussion Board  by midnight Sunday, December 9.
Lesson 2
  • Fiscal Policy
  • Multipliers
  • Keynesianism versus Monetarism

Bring:  Pencil for worksheet/quiz.

Read:  Text, Chapter 16, pp. 357-368

QFR:  # 3-5, pg. 370

PAA:  # 11, pg. 371

All answers must be IYOW.

These assignments are to be posted on the appropriate Blackboard Discussion Board  by midnight Sunday, December 9.
Lesson 3 Bring:  Laptop  for simulation
Lesson 4
  • CONTINUE RUSE
 Bring:  Laptop or calculator for simulation