Economics Macro Scope & Sequence

Economics – Macro

Scope & Sequence – Spring 2015

Economic Choice – Scarcity, opportunity cost & incentives – Balance of Payments – Chapters 1-2 & 38

Test on Thursday, January 29

Individual Markets & Exchange Rates – Chapters 3 & 38

Test on Thursday, February 5

Private & Public Sectors – Chapters 4 and 5

Test on Thursday, February 12

International Trade & The Global Economy – Comparative Advantage – Chapters 6 & 37

Test on Thursday, February 19

Measuring Domestic Output – Chapter 7

Test on Thursday, February 26

Business Cycles & Building the Keynesian Multiplier – Chapters 8 - 10

Test on Thursday, March 5

AD & AS – Chapter 11

Test on Thursday, March 19

Fiscal Policy – Chapter 12

Test on Thursday, March 26

Financial Markets – Chapters 13 – 14

Test on Thursday, April 9

Monetary Policy – Chapter 15

Test on Thursday, April 16

Supply Side / Phillips Curve / LRAS / Inflation / Laffer Curve

Chapters 16-17

Test on Thursday, May 7

Deficits / Debt / Disputes over Macro Theory

Chapters 18

Test on Thursday, May 14