Teacher: R Crawford
Lesson: APE 9.4
Textbook: pp. 318 -325
Material: 9.4 Lecture Notes
Chapter 14 Powerpoint
Exercise 29
Worksheet 30
Objectives: Introduce Monetary Policy
Compare basic tools of Fiscal and Monetary policy to Classical Equilibrium theory using AD/AS curves
Concepts: Monetary Policy
Milton Friedman
Crowding Out
Expansionary Bias
M1, M2, M3
X Inefficiency
Stagflation
Activities:
  1. Return Practice Essay
  2. Challenge students to show stagflation using AD/AS curve
Assessment Activity: Is This Counted? Exercise