AP Macroeconomics– Unit 3: Macroeconomic Measures Fall 2012

MONDAY / TUESDAY / WEDNESDAY / THURSDAY / FRIDAY
10/1 / 10/2 / 10/3 / 10/4 / 10/5 Measuring a Nation’s Income
-Read Ch 10 and complete Guided Reading sheet
-Define Ch 10 vocabulary
HW- Complete above
10/8 GDP & Its Components
- Economania
-Discuss components of GDP & what is excluded
HW- -Complete *All About GDP” worksheet / 10/9 GDP & Issues Discuss real vs nominal GDP/issues of GDP
HW - Questions for Review 6-8 pg. 221 / 10/10 Business Cycles
-Business Cycles & Unemployment
*Business Cycle activity
HW - Read Ch 8 (handout) pages 138-146
-Define Ch 8 Vocab Part 1 / 10/11 Unemployment
-Measuring unemployment
-Types of unemployment
* Unemployment Activity
HW – Study for GDP, business cycles and unemployment quiz / 10/12 Inflation
Quiz-GDP, business cycles & unemployment
-Measuring inflation
HW – Read Ch 8 pages 146-151; Define Ch 8 vocabulary Part 2
10/15 Inflation
-Economania
*CPI activity
HW -Complete CPI calculations and answer questions. / 10/16 Inflation
-Types of inflation, the costs of inflation, redistribution effects of inflation
*Who’s Hurt/Helped
HW –– Read Ch 21 pages 473-477
-Answer Quick Quiz on page 477 / 10/17 Phillips Curve
-Discuss short run trade-off between inflation and unemployment
HW- Complete activity worksheet
-Study for FRQ / 10/18
*FRQ – GDP, Unemployment & Inflation (30 min)
HW- Read Ch 12 (Mankiw) pgs 241-249; Define Ch 12 Vocab / 10/19 Growth
-Discuss measurements of growth and determinants
HW - Read Ch 12 249-261; Questions for Review 4-8
10/22 Public Policy and Economic Growth
-Economania
-Discuss public policy
* Savings & investment activity
STUDY FOR MC TEST
Complete Notebook / 10/23
Unit 3 Multiple Choice Test / Unit 3 Notebook due

TOP TEN REASONS TO STUDY ECONOMICS

7. If you rearrange the letters in "ECONOMICS", you get "COMIC NOSE".
8. Although ethics teaches that virtue is its own reward, in economics we get taught that reward is its own virtue.
9. When you get drunk, you can tell everyone that you are just researching the law of diminishing marginal utility.