Economics – 4/21/17

I.  Bellwork Q&A

1. Why would the Federal Reserve need to use an expansionary money policy?
2. List 3 different tools and how the  Fed can use them  to implement an  expansionary monetary policy.

II.  Objective:

• Analyze how the decisions made by a country’s central bank (or the Federal Reserve) impact a nation’s economy and international trade
• Determine the central ideas or information of a economic cartoon; describe the symbolism and provide an accurate summary that makes clear the relationships among the key details and ideas.

III. Discussion Topics

A.  Review Monetary Policy

B.  Reserve-Requirement-WS

C  Tight and Easy Monetary Policy

D.  Monetary Policy Flash Cards

IV. Notebook Work

Complete the table below:

	How is it created?	Impact on Imports	Impact on Exports	Impact on the Balance of Trade
Strong Dollar
Weak Dollar

V.  Classwork:

A.  Reserve-Requirement-WS

B.  Summative Homework: Due Monday – Not Extra Credit

1. Select the link:  https://sffed-education.org/chairman/
2. Read and follow the directions on how to play the game.
3. When you win, hit CTRL & PRTSC to copy the screen.
4. Paste it on a Word document
5. Type a paragraph 6-8 sentences about the decisions you had to make, your strategy, and any problems you encountered.
6. Print it off or email it to me. farhoua@dearbornschools.org

Scoring: 10 summative

• Successful completing and copy of the screen. 5 pts
• Typed Paragraph (4-6 sentences) about the decisions you had to make, your strategy, and any problems you encountered. 5 pts

 

Economics W2017