Monthly Archives: February 2020

Feb 28

Government – 2/28/2020

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I. Bellwork: On iLearn 2.4 Worksheet

II. Objectives:

  • Identify the main stances of the Federalists and Anti-Federalists between 1787 and 1789
  •   Understand the key debates surrounding the ratification of the constitution, including an extended republic, the House of Representatives, the Senate, executive power, the judiciary, and a bill of rights  
  • Interact with the ideas, perspectives, and arguments that defined the ratification debate   to form an effective and cohesive set of arguments 

III. Classwork

  • Race to Ratify – Game (Instructions & Link on Google Classroom)
  • Biographical Sketch – 2 Characters see iLearn

IV. Quiz Sections 2.4 &2.5

V. Chapter 2 Test Tuesday

Feb 26

AP Macro – 2/28/2020

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I.  Bellwork

A.  Create a graph demonstrating cost-push inflation.  Show the change in price level

B.  Create a graph demonstrating demand-pull inflation.  Show the change in price level

II.  Objectives:

  • Use the Phillips curve to show the nature of the short-run trade-off between inflation and unemployment
  • Explain why there is no long-run trade-off between inflation and unemployment
  • Discuss why expansionary policies are limited due to the effects of expected inflation
  • Identify the problems with deflation that lead policy makers to prefer a low but positive inflation rate.

III.  Discussion:    P328-336

A.  Introduction to the Phillips Curve

1. The Short-Run Phillips Curve

2. Inflation Expectations and the Short – Run Phillips Curve

B Inflation and Unemployment in the Long Run

1. The Long-Run Phillips Curve

2. The Natural Rate of Unemployment, Revisited

3. The Costs of Disinflation

C. Deflation

1. Debt Deflation

2. Effects of Expected Deflation

IV Notes:

  • Relationship btw AD, Unemployment & Inflation
  • Relationship btw AS, Unemployment & Inflation
  • Copy SRPC & LRPC – video

V.  Video Resources

VI.  Classwork/Homework

  • 34.1, 34.2 , 34.3 WS
  • 5.2 A & 5.2B Phillips Curve
Feb 24

Government – 2/25/2020

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I.  Bellwork

  • on iLearn from Section 2-4

II.  Objectives

  • Identify the opposing sides in the fight for ratification and describe the major arguments for and against the proposed Constitution.
  • Analyze the positions of the Federalists and the  Anti-Federalist , using primary sources
  • Describe the inauguration of the new government of the United States of America

III.  Chapter 2 Sec 5  Discussion/Notes

  • Ratification
  • Notes:  Federalist v Anti-Federalists
  • Inauguration

IV.  Classwork

  • Reading Comprehension 2.5
  • Core Worksheet

V.  Quiz Tomorrow Sections 2.4 & 2.5

VI.  Chapter 2 Test Friday

Feb 24

AP Macro – 2/25/2020

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I.   Bellwork

The economy of Dodgelandia is experiencing an inflationary gap.

a. How could the Central Bank use monetary policy (3 specific examples) to return the economy to full employment?

b. Use a correctly labeled graph of the money market to show how this monetary policy would impact the equilibrium interest rate.

c. Describe how the monetary policy in part (a) would affect the AD/AS graph, the aggregate price level and real GDP in Dodgelandia.

II.  Objectives:

  • Use the classical model of the price level
  • Explain why efforts to collect an inflation tax by printing money can lead to high rates of inflation and even hyperinflation
  • Define the types of inflation cost-push, demand-pull, wage-price spiral
  • Construct, analyze and interpret graphs demonstrating expansionary and contractionary monetary policy and the short and long rum impact on Prices, Inflation, and GDP

III.  Discussion:  P318-325.

A.  Money and Inflation

  1. The Classical Model of Money and Prices
  2. The Inflation Tax
  3. The Logic of Hyperinflation

B.  Moderate Inflation and Disinflation

    1.  Cost Push & Demand Pull

     2. The Output Gap and the Unemployment Rate

  •     Actual real GDP – potential real GDP = Output Gap
  •      Negative = unemployment is above the natural rate
  •       Positive = unemployment is below the natural rate
  •       Zero = unemployment is equal to the natural rate

IV.  Videos:

V.  Classwork on iLearn

  • 33.1 WS Inflation Tax
  • 4.6 Monetary Policy in Action
Feb 23

Government – 2/24/2020

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I. Bellwork:  Q&A

  1. What is Franklin’s main point?
  2. What does he mean by local interests and selfish views?
  3. What does his statement suggest about the difficulties faced by the Convention?

II.  Objectives:

  • Identify the Framers of the Constitution and discuss how they organized the Philadelphia Convention.
  • Compare and contrast the Virginia Plan and the New Jersey Plan.
  • Summarize the convention’s major compromises and the effects of those decisions.
  • Use primary and secondary sources to evaluate the major compromises made at the Constitutional  Convention

III.  CH 2 Sec 4 Discussion and Notes: PPT 2-4

A.  Steps to the Constitution

B.  Framers 

C.  Notes:  Proposals

  • Virginia Plan
  • New Jersey Plan

D.  Note:  Compromises

  • Connecticut Compromise
  • Three-Fifths Compromise
  • Commerce and Slave Trade Compromise

IV.  Classwork

  • Reading Comprehension 2.4
  • Core Sheet 2.4
Feb 23

AP Macro – 2/24/2020

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I.  Bellwork

  • P311 FRQ #2 a-d

II.  Objectives:

  • Discuss short and long run implications of monetary policy
  • Construct economic models to demonstrate monetary policy impact on interest rates and price levels in the short and long run

III.  Notes:

  • Figure 32.1 Page 313
  • Figure 32.2 Page 315

IV.  Videos

V.  Classwork on iLearn

  • WS 32.1 & 32.2
Feb 14

Government – 2/14/2020

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I. Bellwork

  • On iLearn

II.  Objectives:

  • Analyze primary and secondary sources related to a historical question to evaluate their relevance, make comparisons, integrate new information with prior knowledge, and come to a reasoned conclusion.
  • Explain the multiple purposes of democratic government, analyze historical and contemporary examples of the tensions between those purposes, and illustrate how governmental powers can be acquired, used, abused, or legitimized. 

III. Classwork

  • On iLearn:  The Problems with the Articles of Confederation
Feb 13

AP Macro – 2/14/2020

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I.  Bellwork

P311 – MC 1-5

II.  Objectives

  • Examine how recessions and inflation impact the deficit
  • Determine the fiscal policy consistent with counteracting recessionary and inflationary gaps
  • Analyze how government debt impacts the economy
  • Identify how the Federal Reserve uses monetary policy as a means to achieve macroeconomic goals
  • Construct a flow map describing the various monetary policies used by the Fed and their impact on the money supply.

III.  Discussion/Notes

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

Money Growth and Inflation- Macro Topic 5.3

Money Growth and Inflation- Macro Topic 5.3

§  Recession & Inflation Impact on Deficit 

§  Fiscal Policy – Impact of the Deficit – 

§  Impact of Borrowing

§  Monetary Supply Graph – p305

§  Impact of Expansionary & Contractionary Monetary Policy – p307

§  Taylor rule v. Inflationary Targeting

IV.  Materials/Videos:

Monetary Policy

Monetary Policy Flash Cards

(Macro) Episode 30: Creating Money

Monetary Policy Graphs (1 of 2) – Macro 4.6

V. Classwork

The Money Multiplier

Money Multiplier Practice (OLD)

§  Reserve-Requirement-WS

V.  Module 31 & 32 Questions on iLearn

Feb 12

Government – 2/13/2020

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I. Bellwork  Q&A

(1) Who issued this currency?

 (2) How much was this note worth?

(3) Explain what problems state currencies create?

II. Objectives

  • Describe the structure of the government set up under the Articles of Confederation.
  • Explain why the weaknesses of the Articles led to a critical period for the country in the 1780s.
  • Describe how a growing need for a stronger national government led to plans for a Constitutional Convention

III. Discussion/Notebook

A. Articles of Confederation

What Were the Articles of Confederation? | History

  • Cause Effect Map – Weakness

B. Problems between states

C. Movement for Change Shays’ Rebellion

  • Mount Vernon
  • Annapolis

IV. Classwork: 2-3 Reading Comprehension