Unit+Calendar

Reading Calendar Unit 4

WHEN READING THE CALENDAR, WHEN IT SAYS TO DO MOD XX, THAT MEANS READ, ANSWER ALL THE QUESTIONS AT THE END OF THE MOD, AND ANSWER ALL THE FRQS ASSOCIATED WITH THE MOD.
 * Students will understand the components of the money market and use the model for analysis of monetary policy.
 * Students will know the functions, characteristics and sources of value for money.
 * Students will know the components of the measures of the money supply.
 * Students will be able to explain the structure and functions of the Federal Reserve System.
 * Students will be able to calculate expansion of the money supply.
 * Students will be able to apply the tools of monetary policy to types of economic instability.
 * April 16

 What is Money

 Mod 23 || 17

 Time Value of Money

 Mod 24 || 18

 How banks create money || <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">19

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;"> Banks create money

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 13.3333px;">Mod 25 || <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">20

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;"> FRQ ||
 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">23

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">Money Market

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">Mod 28 || <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">24

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">Loanable Funds

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">Mod 29 || <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">25

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 13.3333px;">Loanable Funds || <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">26

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">Structure of the Fed

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">Mod 26 || <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">27

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;"> FRQ ||
 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">30

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 13.3333px;">Monetary Policy || <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">May 1

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">Monetary Policy

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">Mod 27 || <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">2

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 13.3333px;">Monetary Policy || <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">3

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;"> Monetary Policy || <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">4

FRQ ||
 * <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">7

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;"> Q&A Day || <span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;">8

<span style="font-family: &#39;Times New Roman&#39;,serif; font-size: 10pt;"> Test Unit 4 ||  ||   ||   || Reading Calendar Unit 2
 * **<span style="font-family: Verdana,sans-serif; font-size: 8pt;">Students will participate in a simulation of the circular **
 * **<span style="font-family: Verdana,sans-serif; font-size: 8pt;">Students will be able to calculate GDP from the expenditure approach and the income approach. **
 * **<span style="font-family: Verdana,sans-serif; font-size: 8pt;">Students will understand the difference between nominal numbers and real numbers. **
 * **<span style="font-family: Verdana,sans-serif; font-size: 8pt;">Students will be able to explain the patterns of economic activity known as the business cycle and analyze the types of economic instability that occurs. **
 * **<span style="font-family: Verdana,sans-serif; font-size: 8pt;">Students will be able to differentiate between types of unemployment. **
 * **<span style="font-family: Verdana,sans-serif; font-size: 8pt;">Students will understand the construction of a price index. **
 * **<span style="font-family: Verdana,sans-serif; font-size: 8pt;">Students will be able to calculate price index numbers and rates of inflation. **

=<span style="font-family: Calibri,sans-serif; font-size: 11pt;">QUESTIONS AT THE END OF THE MOD, AND ANSWER ALL THE FRQS ASSOCIATED WITH THE MOD. =


 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Monday || <span style="font-family: Arial,sans-serif; font-size: 10pt;">Tuesday || <span style="font-family: Arial,sans-serif; font-size: 10pt;">Wednesday || <span style="font-family: Arial,sans-serif; font-size: 10pt;">Thursday || <span style="font-family: Arial,sans-serif; font-size: 10pt;">Friday ||
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Jan 29
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Jan 29

<span style="font-family: Arial,sans-serif; font-size: 10pt;"> Test Corrections

<span style="font-family: Arial,sans-serif; font-size: 13.3333px;">Mod 11 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">30

<span style="font-family: Arial,sans-serif; font-size: 13.3333px;">Mod 12 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">31

Mod 13 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">Feb 1 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">2

<span style="font-family: Arial,sans-serif; font-size: 10pt;"> FRQ X2 ||
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">5

<span style="font-family: Arial,sans-serif; font-size: 13.3333px;">Mod 14 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">6

<span style="font-family: Arial,sans-serif; font-size: 13.3333px;">Mod 15 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">7 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">8 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">9

<span style="font-family: Arial,sans-serif; font-size: 10pt;"> FRQ ||
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">12

<span style="font-family: Arial,sans-serif; font-size: 10pt;"> Test Unit 2 ||  ||   ||   ||   || <span style="font-family: Arial,sans-serif; font-size: 10pt;">Reading Calendar Unit 1 The student will:


 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Explain how scarcity and choice are central to the study of economics
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Discuss the importance of opportunity cost in individual choice
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Explain the difference between positive and normative economics
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Explain what a business cycle is and why policy makers seek to smooth it out
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Describe how employment and unemployment are measured and how they change over the business cycle
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Define inflation and deflation and explain why price stability is preferred
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Describe what the PPC tells us about efficiency, opportunity cost, and growth
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Explain why increases in the availability of resources and improvements in technology are the two sources of economic growth
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Explain how trade leads to gains
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Explain the difference between absolute and comparative advantage
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Explain what a competitive market is and how it is described by the supply and demand model
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Draw a demand and supply curve and interpret its meaning
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Discuss the difference between movements along the curve and movements of the curve
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">List the factors that shift the curves
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Explain how supply and demand determine a markets equilibrium price and quantity
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Explain how the market is affected in changes in supply and/or demand.

<span style="font-family: Arial,sans-serif; font-size: 10pt;">First Day Papers <span style="font-family: Arial,sans-serif; font-size: 10pt;">Eco Reasoning T/F <span style="font-family: Arial,sans-serif; font-size: 10pt;">Assign Book <span style="font-family: Arial,sans-serif; font-size: 10pt;">HW – Mod 1 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">9 <span style="font-family: Arial,sans-serif; font-size: 10pt;">PPC, Intro to unemployment, FoP <span style="font-family: Arial,sans-serif; font-size: 10pt;">HW – Mod 3 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">10 <span style="font-family: Arial,sans-serif; font-size: 10pt;">Comp and Abs Adv <span style="font-family: Arial,sans-serif; font-size: 10pt;">HW – Mod 4 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">11 <span style="font-family: Arial,sans-serif; font-size: 10pt;">Show how PPC is an Output problem <span style="font-family: Arial,sans-serif; font-size: 10pt;">HW – Mod 2 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">12 <span style="font-family: Arial,sans-serif; font-size: 10pt;">Quiz – PPC and FoP <span style="font-family: Arial,sans-serif; font-size: 10pt;">Business Cycle, Intro to Aggregate <span style="font-family: Arial,sans-serif; font-size: 10pt;">HW – Mod 5-6 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">Student Holiday || <span style="font-family: Arial,sans-serif; font-size: 10pt;">16 <span style="font-family: Arial,sans-serif; font-size: 10pt;">S&D – Graph, determinants, Equilibrium <span style="font-family: Arial,sans-serif; font-size: 10pt;">END OF UNIT ONE <span style="font-family: Arial,sans-serif; font-size: 10pt;">HW – Mod 7 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">17 <span style="font-family: Arial,sans-serif; font-size: 10pt;">Intro to FRQs || <span style="font-family: Arial,sans-serif; font-size: 10pt;">18 <span style="font-family: Arial,sans-serif; font-size: 10pt;">Make your own FRQ || <span style="font-family: Arial,sans-serif; font-size: 10pt;">19 <span style="font-family: Arial,sans-serif; font-size: 10pt;">FRQIE FRIDAY <span style="font-family: Arial,sans-serif; font-size: 10pt;">HW – Mod 10 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">3 Sector CFC || <span style="font-family: Arial,sans-serif; font-size: 10pt;">23 <span style="font-family: Arial,sans-serif; font-size: 10pt;">Quiz 3 Sector CFC <span style="font-family: Arial,sans-serif; font-size: 10pt;">Review for Test || <span style="font-family: Arial,sans-serif; font-size: 10pt;">24 <span style="font-family: Arial,sans-serif; font-size: 10pt;">Test Unit 1 <span style="font-family: Arial,sans-serif; font-size: 10pt;">HW – Mod 11 || <span style="font-family: Arial,sans-serif; font-size: 10pt;">25 <span style="font-family: Arial,sans-serif; font-size: 10pt;">Define and Calculate GDP || <span style="font-family: Arial,sans-serif; font-size: 10pt;">26 <span style="font-family: Arial,sans-serif; font-size: 10pt;">Test Corrections ||
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Monday || <span style="font-family: Arial,sans-serif; font-size: 10pt;">Tuesday || <span style="font-family: Arial,sans-serif; font-size: 10pt;">Wednesday || <span style="font-family: Arial,sans-serif; font-size: 10pt;">Thursday || <span style="font-family: Arial,sans-serif; font-size: 10pt;">Friday ||
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">Jan 8
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">15
 * <span style="font-family: Arial,sans-serif; font-size: 10pt;">22