Preparation for Midterm #3

Instructions: check-off all preparation already done. Then, fill in the blanks with when you plan to do those you haven’t done yet. Continue to check off what you complete.

Note: times are my quick estimate. It assumes you’ve properly prepared to do the study questions.

Date/Time Check-off Task

planned when

to complete completed

Unemployment

______  Textbook: read chapter entitled “Unemployment” (1 hour)

______  Review Class Notes on Unemployment (45 minutes)

______  Review my “Notes on Unemployment” (20 minutes)

______  Review handout on unemployment graph (done in class) (10 minutes)

Study Guide chapter “Unemployment”

______  Read Overview (20 minutes)

______  Terms and Definition (20 minutes)

______  Practice Problems (20 minutes)

______  Short Answer Questions (20 minutes)

______  True / False Questions (20 minutes)

______  Multiple Choice (40 minutes)

Business Cycles

______  Textbook: read chapter entitled “Aggregate Demand and Aggregate Supply” (1 hour)

______  Review Class Notes on Business Cycles (45 minutes)

______  Review my “Notes on Business Cycles” (20 minutes)

Study Guide chapter “Aggregate Demand and Aggregate Supply”

______  Read Overview (20 minutes)

______  Terms and Definition (20 minutes)

______  Practice Problems (20 minutes)

______  Short Answer Questions (20 minutes)

______  True / False Questions (20 minutes)

______  Multiple Choice (40 minutes)

______  Review my worksheet “Aggregate Supply and Demand Intro” (15 minutes)

______  Review my worksheet “AS/AD Graph” (20 minutes)

______  Review my worksheet “Business Cycle Examples” (20 minutes)

______  Review my worksheet “Business Cycle Summary” (20 minutes)

______  Review/do my worksheet “AS/AD Graph Review” (20 minutes)

(over)


Open Economy

______  Textbook: read chapter entitled “Open-Economy Macro Basic Concepts” (1 hour)

______  Review Class Notes on Open Economy (45 minutes)

Study Guide chapter “Open-Economy Macro Basic Concepts”

______  Read Overview (20 minutes)

______  Terms and Definition (20 minutes)

______  Practice Problems (20 minutes)

______  Short Answer Questions (20 minutes)

______  True / False Questions (20 minutes)

______  Multiple Choice (40 minutes)

______  Do my worksheet “Open Economy Worksheet” (20 minutes)

Review for Exam

______  Do my worksheet “Formulae for Section 3” (20 minutes)

______  Do my worksheet “Study Questions for Section 3” (45 minutes)

______  Second look, Study Guide Questions on Unemployment (1 hour)

______  Second look, Study Guide Questions on Aggregate Demand and Aggregate Supply (1 hour)

______  Second look, Study Guide Questions on Open-Economy (1 hour)