{"id":18736,"date":"2020-05-04T03:03:09","date_gmt":"2020-05-04T07:03:09","guid":{"rendered":"https:\/\/iblog.dearbornschools.org\/farhoud\/?p=18736"},"modified":"2020-05-04T04:04:39","modified_gmt":"2020-05-04T08:04:39","slug":"ap-economics-5-04-5-08","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2020\/05\/04\/ap-economics-5-04-5-08\/","title":{"rendered":"AP Economics &#8211; 5\/04-5\/08"},"content":{"rendered":"\n<p>Meetings will return to <strong>Big Blue Button<\/strong> &#8211; i have been told it&#8217;s fixed<\/p>\n\n\n\n<p><strong>2nd Period AP Econ &#8211; 12:00 &#8211; 12:30 pm<\/strong> Tues &amp; Thursday<\/p>\n\n\n\n<p><strong>Work for Wednesday and Friday is below:<\/strong><\/p>\n\n\n\n<p><strong>II.\u00a0 Objectives<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Explain the difference between short-run and long-run macroeconomic equilibrium<\/li><li>Describe the causes and effects of demand shocks and supply shocks<\/li><li>Determine if an economy is experiencing a recessionary or an inflationary gap and explain how to calculate the size of an output gap<\/li><\/ul>\n\n\n\n<p><strong>III. &nbsp;Discuss Video Assignment on iLearn<\/strong><\/p>\n\n\n\n<p><strong>IV.&nbsp; &nbsp;Equilibrium in the Aggregate Demand\/Supply Model pgs 192-199<\/strong><\/p>\n\n\n\n<p><strong>V. Notebook<\/strong><\/p>\n\n\n\n<p>&nbsp; A.&nbsp; Bridge Map &nbsp;P194<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Impact of Negative Demand Shocks<\/li><li>Impact of Positive Demand Shocks<\/li><\/ul>\n\n\n\n<p>B.&nbsp; Bridge Map &nbsp;P195<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Impact of Negative Supply Shocks<\/li><li>Impact of Positive Supply Shocks<\/li><\/ul>\n\n\n\n<p>C.&nbsp; &nbsp;Discuss stagflation<\/p>\n\n\n\n<p>D.&nbsp; Copy and Label Figure 19.4 p 196<\/p>\n\n\n\n<p>E.&nbsp;&nbsp;<a href=\"https:\/\/www.youtube.com\/watch?v=a2azB2eag5I\">Short Run to Long Run<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Impact of Recessionary Gap<\/li><li>Impact of Inflationary Gap<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=a2azB2eag5I&amp;list=PLBC35DEA1D1A98034&amp;index=5\">Macro 3.3- Long Run Aggregate Supply, Recession, and Inflation (LRAS)<\/a><\/p>\n\n\n\n<p><strong>VI.\u00a0\u00a0Classwork   DUE WEDNESDAY<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>19.1 WS on iLearn<\/li><li><a href=\"https:\/\/www.youtube.com\/watch?v=MjpSKZoQDoY&amp;list=PLBC35DEA1D1A98034&amp;index=6\">Aggregate Demand and Supply Practice<\/a> <\/li><li>19.2 WS on iLearn<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>II.\u00a0\u00a0Objectives<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Discuss how the AS\u2013AD model is used to formulate macroeconomic policy<\/li><li>Explain the rationale for stabilization policy<\/li><li>Describe the importance of fiscal policy as a tool for managing economic fluctuations<\/li><li>Identify the policies that constitute expansionary fiscal policy and those that constitute contractionary fiscal policy<\/li><\/ul>\n\n\n\n<p><strong>III.&nbsp;Economic Policy Aggregate Demand &amp; Supply Model pgs 201-208<\/strong><\/p>\n\n\n\n<p>A Macroeconomic Policy<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Policy in the Face of Demand Shocks \u2013 Examples<\/li><li>Responding to Supply Shocks \u2013 Difficult and only resolves one on the issues<\/li><\/ol>\n\n\n\n<p>B.&nbsp; Fiscal Policy: The Basics<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Taxes, Purchases of Goods and Services, Government Transfers, and Borrowing<\/li><\/ol>\n\n\n\n<ul class=\"wp-block-list\"><li>Explain in terms of Expansionary &amp; Contractionary Policy<\/li><\/ul>\n\n\n\n<ol class=\"wp-block-list\" start=\"2\"><li>The Government Budget and Total Spending<\/li><li>Expansionary and Contractionary Fiscal Policy<\/li><li>A Cautionary Note: Lags in Fiscal Policy<\/li><\/ol>\n\n\n\n<ul class=\"wp-block-list\"><li>Major Lags -Recognition, Decision, &amp; Implementation<\/li><\/ul>\n\n\n\n<p>iV,&nbsp;&nbsp;Read Exam Tip on Page 207<\/p>\n\n\n\n<p>V.&nbsp;&nbsp;Classwork<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>20.5 WS on iLearn \u2013 Due Friday<\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meetings will return to Big Blue Button &#8211; i have been told it&#8217;s fixed 2nd Period AP Econ &#8211; 12:00 &#8211; 12:30 pm Tues &amp; Thursday Work for Wednesday and Friday is below: II.\u00a0 Objectives Explain the difference between short-run and long-run macroeconomic equilibrium Describe the causes and effects of demand shocks and supply shocks [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96],"tags":[],"class_list":["post-18736","post","type-post","status-publish","format-standard","hentry","category-ap-macro-w2020"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=18736"}],"version-history":[{"count":1,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18736\/revisions"}],"predecessor-version":[{"id":18738,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18736\/revisions\/18738"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=18736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=18736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=18736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}