AP Macro – 3/16/2020

I.  Bellwork: Q&A – TAKE A PICTURE OR SCAN AND SEND IT TO GOOGLE CLASSROOM – Some of you now need to correct your poor handwriting.

Why Panic-Prone Emerging Markets Are Breaking Down In 2014

1.Why does the article say that the markets are breaking down?

2. How does this impact economic growth?

II.  Objectives:

• Discuss the factors that explain why long-run growth rates differ so much among countries
• Explain the challenges to growth posed by scarcity of natural resources, environmental degradation, and efforts to make growth sustainable

III.  Notebook/Discussion – Copy Graph

IV.  Discussion:  Growth Policy page 384-392

A,  Growth Rate Differences

1. Physical Capital – Where does the money originate?
2. Human Capital – Ways to support it.
3. Technology – R&D

B.  How Government Prompts Economic Growth

1. Physical capital – Infrastructure
2. Human Capital – Education
3. Technology –
4. Stability, Property Rights, Eliminate restrictions

C.  Sustainability of Long Run Economic Growth

D.  Economic Growth and the Environment

• pollution, greenhouse gases, global warming, negative externalizes

V.  Classwork

• iLearn Ch 38 & 39 Questions

AP Macro W2020