Mar 02

AP Macro – 3/03/2020

I. Bellwork:P 351:  Check Your Understanding 1-3Pgs. 351-352 Multiple Choice 1-5

II. Objectives:

  • Construct economic models which demonstrate the crowding out effect
  • Explain how and why crowding out occurs and its impact on the economy

III. Discussion

Fiscal Policy and Crowding Out

The Loanable Funds Market and Crowding Out- Macro Topic 4.7

IV. Classwork

V, Homework Review Questions on AP Classroom

  • Phillips Curve Questions on AP Classroom

Mar 02

AP Macro – 3/02/2020

I.  Bellwork

Page 339 – Check Your Understand 1-3 Q&A

II.  Objectives:

  • Explain why classical macroeconomics wasn’t adequate for the problems posed by the Great Depression
  • Discuss how Keynes and the experience of the Great Depression legitimized macroeconomic policy activism
  • Define monetarism and identify its views on the limits of discretionary monetary policy

III.  Discussion:

A Classical Macroeconomics

  1. Money and the Price Level
  2. The Business Cycle
  3. The Great Depression and the Keynesian Revolution
  4. Keynes’ Theory
  5. Policy to Fight Recessions

IV.  Notebook – Copy and Label

  • Figure 31.1 Classical v. Keynesian
  • Figure 35.2 Fiscal with a Fixed Money Supply

V.  Videos:


VI.  Homework/Classwork:

  • Module 35  Vocabulary 13 words (in bold)  Define and provide an example/application for each
  • 3.4- Classical vs. Keynesian Economics (See video Macro 3.8 above)
  • Worksheet 35.1: Quantity Theory of Money
Mar 02

Government – 3/02/2020

I. Bellwork
“Our government under the proposed [Constitution], will be guarded by a repetition of the strongest cautions against excesses [abuse of power]. In the senate the sovereignties [powers] of the several states will be equally represented; in the house of representatives, the people of the whole union [all the states] will be equally represented; and, in the president, and the federal independent judges, so much concerned in the execution [carrying out] of the laws, and in the determination of their constitutionality, the sovereignties of the several states and the people of the whole union, may be considered as . . . represented.” -John Dickinson, The Letters of Fabius, in 1788, on the Federal Constitution

  1. Based upon the information above, what is Dickinson’s point of view on the constitution?
  2. What information does he provide that would lead you to believe he is a Federalist or Anti-Federalist?

II. Objectives:

  • Identify the main stances of the Federalists and Anti-Federalists between 1787 and 1789
  • Analyze primary and secondary sources related to a historical question to determine their reasoning and stance.
  • Summarize the convention’s major compromises and the effects of those decisions.
  • Explain why the weaknesses of the Articles led to a critical period for the country in the 1780s.

III. Classwork

IV. Chapter 2 Test Tomorrow

  • Study Guide on Google Classroom