AP Economics – 2/27/19

I.  Bellwork

A.  Read the article in the first link.  Summarize President Trump’s argument and the support he provides

B.  View the video in the second link.  Summarize the argument former Fed Chair Janet Yellen has with President Trump.  Provide any support she uses in her claim.

C. Provide your  opinion.

II.  Objectives

  • Determine how monetary policy is implemented to adjust for swings of inflation and unemployment in the economy.
  • Analyze and construct economic models used to demonstrate monetary policies effect on interest rates, RGDP, Price levels, and unemployment.

III. Test Tomorrow

IV.  Discussion

  • Graphs & Concepts
  • Review old iLearn questions
  • FRQ on Graphing Monetary Policy (AS/AD and/or Phillips Curve
  • Module 33 & 34 Questions on iLearn for practice

V.  Macro 4.1- Money Market and FED Tools (Monetary Policy)

 


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