Unit 5 is primarily aligned with Chapters 26-28, 31, and 33 in the Bade-Parkin Textbook.
Assignments
Powerpoints
Unit 5 - Fiscal and Monetary Policy
Money and Inflation
Banking and Fractional Reserve
Money Supply and Demand
Montetary Policy Powerpoint: Updated
Money and Inflation
Banking and Fractional Reserve
Money Supply and Demand
Montetary Policy Powerpoint: Updated
Readings
The Story of Money Comic Book
The Story of Banks Comic Book
The Story of the Federal Reserve Comic Book
The Story of Banks Comic Book
The Story of the Federal Reserve Comic Book
Teaching with Games Videos
Contractionary and Expansionary Practice
Budget Deficit Interactive
People's Pie
1. Play People's Pie
3. After Completing the Game, print your score and answer the following questions on the back of your sheet:
-How did you go about having the funding necessary to run the government? (Raising taxes? Retirement age? Borrowing money?)
-What did you feel was the most effective strategy?
-Did you believe that the game had any faults or biases built in? If so, what were they?
-If you had the ability to do anything with the budget that you were unable to do in the game, what would it have been?
3. After Completing the Game, print your score and answer the following questions on the back of your sheet:
-How did you go about having the funding necessary to run the government? (Raising taxes? Retirement age? Borrowing money?)
-What did you feel was the most effective strategy?
-Did you believe that the game had any faults or biases built in? If so, what were they?
-If you had the ability to do anything with the budget that you were unable to do in the game, what would it have been?
Review Materials (In addition to notes, textbook, assignments)
MRU Interactive - Functions of Money
Khan Academy - Monetary and Fiscal Policy and Keynesian Thinking
Quantitative Easing (BEYOND SCOPE OF COURSE)
ReviewEcon Website
mru Website
Khan Academy - Monetary and Fiscal Policy and Keynesian Thinking
Quantitative Easing (BEYOND SCOPE OF COURSE)
ReviewEcon Website
mru Website
Keynes vs. Hayek Jigsaw
Fear the Boom and the Bust Video (Readings and Worksheets go along with video)
Fight of the Century (Worksheet to go along with video)
Fight of the Century (Worksheet to go along with video)
Persuasive Research Paper
Persuasive Research Essay Instructions
Persuasive Research Essay Rubric
Materials:
Difference Between Classical and Keynsian Economics
Keynes and the Classical Economists: The Early Debate on Policy Activism
Mises.org - What is Austrian Economics
Mises.org - Hoover, Bush, and Great Depressions
The New Yorker - What would John Maynard Keynes tell us to do now—and should we listen?
New York Times - How Did Economists Get It So Wrong?
Judge Richard Posner - How I Became a Keynesian
Persuasive Research Essay Rubric
Materials:
Difference Between Classical and Keynsian Economics
Keynes and the Classical Economists: The Early Debate on Policy Activism
Mises.org - What is Austrian Economics
Mises.org - Hoover, Bush, and Great Depressions
The New Yorker - What would John Maynard Keynes tell us to do now—and should we listen?
New York Times - How Did Economists Get It So Wrong?
Judge Richard Posner - How I Became a Keynesian
Other Videos
Crash Course Economics #8: Fiscal Policy and Stimulus (Fiscal Policy)
Crash Course Economics #9: Deficits and Debt
Crash Course Economics #10: What's all the Yellen about? Monetary Policy and the Federal Reserve (Monetary Policy)
Crash Course Economics #11: 2008 Financial Crisis
Crash Course Economics #12: Recession, Hyperinflation, and Stagflation (NOT DIRECTLY COVERED IN COURSE)
Crash Course Economics #13: Economic Schools of Thoughts
In Plain English: Making Sense of the Federal Reserve Video
EconPop: Its a Wonderful Life (Banking, loans, FDIC)
We the Economy: GDP Smackdown
We the Economy: That Film about Money
We the Economy: That Film about Money, Part II
We the Economy: Fed Head
We the Economy: Taxation Nation
We the Economy: Amazing Animated Film on the Debt and Deficit
We the Economy: You're Tax Dollars at Work
We the Economy: Foreign Aid Paradox
The Ascent of Money (Not an assignment:The Ascent of Money Worksheet)
Crash Course Economics #9: Deficits and Debt
Crash Course Economics #10: What's all the Yellen about? Monetary Policy and the Federal Reserve (Monetary Policy)
Crash Course Economics #11: 2008 Financial Crisis
Crash Course Economics #12: Recession, Hyperinflation, and Stagflation (NOT DIRECTLY COVERED IN COURSE)
Crash Course Economics #13: Economic Schools of Thoughts
In Plain English: Making Sense of the Federal Reserve Video
EconPop: Its a Wonderful Life (Banking, loans, FDIC)
We the Economy: GDP Smackdown
We the Economy: That Film about Money
We the Economy: That Film about Money, Part II
We the Economy: Fed Head
We the Economy: Taxation Nation
We the Economy: Amazing Animated Film on the Debt and Deficit
We the Economy: You're Tax Dollars at Work
We the Economy: Foreign Aid Paradox
The Ascent of Money (Not an assignment:The Ascent of Money Worksheet)