The Stimulus Package
CNN has an excellent description of the $2.2 trillion stimulus package at https://www.cnn.com/2020/03/25/politics/stimulus-package-details-coronavirus/index.html.
As we are discussing macroeconomics, this is very interesting. The government is trying to keep demand from dropping. As more people are out of work, their income drops, which you remember, means a drop in demand. The government is proposing several different ways to keep money in people’s pockets, which should keep demand from falling too much. When we start talking about government spending next week, we will talk about demand-side economics. This is just a good discussion to have. Please hit me with any questions.
Otherwise today, there are three assignments you could be working on. The Market Failures Slideshow is due this evening at 11:59pm (https://iblog.dearbornschools.org/rauscher/2020/03/20/homework-market-failures-slideshow/). The Monopoly Questions are open for a retake (https://iblog.dearbornschools.org/rauscher/2020/03/25/retake-monopolies-questions/). The Chapter 7 objectives are due on Sunday (https://iblog.dearbornschools.org/rauscher/2020/03/24/homework-market-failures-learning-objectives/). You have the luxury of managing your own time. Do it well.
Posted in Economics and tagged coronavirus, Homework, learning objectives, macroeconomics, monopolies, slideshow, stimulus by Adam Rauscher with no comments yet.
Retake Monopolies Questions
Scores on the Monopolies Questions were okay, but I’d prefer awesome. I have created a review video. You must watch the video below, then retake the quiz at this link for full credit.
Don’t forget, you have two other assignments you’re working on, the slideshow is due tomorrow night at 11:59pm (Link on Google Classroom) and the learning objectives are due Sunday night at 11:59pm (Link on Google Classroom).
Posted in Blogs, Economics and tagged monopolies, Monopoly Guy, retake, review by Adam Rauscher with no comments yet.
Video: Monopolies
Watch this video!
Watch the video above or go to https://youtu.be/Sb_-wfmJnHA, then answer the questions about monopolies below.
Questions to answer: https://forms.gle/RQ7NSf2xtq7cdXHG9
Posted in Blogs and tagged Chapter 7, market failures, monopolies, video, worksheet by Adam Rauscher with no comments yet.
Chapter 7 Test: Market Structures and Market Failures
We’re testing on Chapter 7, Market Structures and Market Failures on Wednesday, December 11th. Download the review sheet below.
Posted in Economics and tagged assessment, Chapter 7, market failures, market structures, monopolies, test by Adam Rauscher with no comments yet.