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A.P. Macro/Microeconomics & Economics Instructor: Ms. McRoy-Mendell

Stuyvesant High School

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Exam Notice: There will be a FINAL EXAM on Friday, January 18th.
It will cover Sections 1-8 and will be worth two exam grades!

Here are the answers to the section end questions for Section 1, Section 2, Section 3, Section 4, Section 5, Section 6, Section 7, and Section 8.

Homework is updated daily by 3:30pm! So, be sure to check in every day!

 

Homework: All homework dates are the dates the homework has been assigned. Unless otherwise stated, all assignments are due the following school day.

Homework #25 -- Tuesday, October 23, 2012 -- Consumer Spending & the Multiplier
Complete the following "Consumer Spending" worksheet

Homework #26 -- Wednesday, October 24 , 2012 -- Aggregate Demand
Read Module 17 and answer all of the questions at the end of the module.

Also, next Monday we will be having a mock Presidential Election here at Stuy.
For homework tonight, check out the websites listed on this worksheet for each of the political parties and write a brief summary (2-3 sentences) describing each party's platform.


Homework #27 -- Friday, October 26, 2012 -- Aggregate Supply
Warning, this chapter is a bit long, so break it up! You've got the whole weekend.

Read this chapter from McConnell and Brue on Aggregate Demand, Supply, and Equilibrium. I think it gives you a more comprehensive overview of the subject. **Note pages 211 and 214 are not missing, they are at the end of the pdf.

Homework #28 -- Monday, November 5, 2012 -- Aggregate Supply (cont'd)
Complete this Aggregate Supply worksheet.

Homework # 29 -- Tuesday, November 6, 2012 -- Review
Complete the following worksheets: Keynesian Equilibrium, MPC and APC, and The Multiplier.

Homework #29 -- Wednesday, November 7, 2012 -- Review
Complete the following worksheet: AD & AS Shocks.
Also, check your e-mail for information on how to access the McConnell and Brue reading!!

Homework #
30 -- Thursday, November 8, 2012 -- Review

Study for tomorrow's exam!

Homework #
31 -- Friday, November 9, 2012 -- Short-Run AS to Long-Run AS and Equilibrium
I've uploaded a short reading from McConnell and Brue to www.dropbox.com
To access it sign in using the following information:

username: cmcroy@schools.nyc.gov
password: economics

Also, read Module 19 and answer all of the questions at the end of the module.

**If you're interested, check out this pod cast about how K-Pop is taking over the world!! Gangnam Style!**

http://www.npr.org/blogs/money/2012/10/16/163039109/episode-410-why-k-pop-is-taking-over-the-world

Homework #32 -- Tuesday, November 13, 2012 -- Equilibrium
Complete the following SR to LR worksheet and this LRAS vs. PPC worksheet.

Also, read Module 20 and answer all of the questions at the end of the module.

Homework #33 -- Wednesday, November 14, 2012 -- Economic Policy
Complete the following worksheets on Tools of Fiscal Policy

Also, read Module 21 and answer all of the questions at the end of the module.

Homework #34 -- Thursday, November 15, 2012 -- Fiscal Policy and the Multiplier + Intro to the Financial Sector
Complete the following worksheets on Fiscal Policy.

Also, read Module 22 and answer all of the questions at the end of the module.

Homework #35 -- Friday, November 16, 2012 -- Money + Review
Read Module 23 and answer all of the questions at the end of the module.

Complete problems #1, #4, #5, #6, #10, #17, #18, #19, #23, and #25 on pages 216-219.

Homework #36 -- Monday, November 19, 2012 -- Review
Start reviewing Modules 12, 13, 19, and 20. Practice calculating different labor force/unemployment measures, look at AD/AS shocks, how the economy self-corrects and how the government uses fiscal policy to affect these!

Also, your term project ideas are due tomorrow!!!

Homework #37 -- Tuesday, November 20, 2012 -- Financial Assets and Intermediaries
Complete the following "Financial Assets and Intermediaries" worksheet.

Homework #38 -- Wednesday, November 21, 2012 -- Money
Complete the following worksheet on Money.

Read Module 24 and answer all of the questions at the end of the module.

Review Modules 12, 13, 19, and 20. Practice calculating different labor force/unemployment measures, look at AD/AS shocks, how the economy self-corrects and how the government uses fiscal policy to affect these!

If you have some free time, here's an interesting podcast on why the price of a bottle of Coca-Cola was only 5 cents for over 70 years! http://www.npr.org/blogs/money/2012/11/15/165143816/why-coke-cost-a-nickel-for-70-years

 


Have a great Thanksgiving break!!!

Homework #39 -- Tuesday, November 27, 2012 -- Time Value of Money
Read Module 25 and answer all of the questions at the end of the module.

Complete the following worksheet on the M's.

Homework #40 -- Wednesday, November 28, 2012 -- Banking and Money Creation
Complete the following worksheet on Money Expansion.
Complete the following worksheet on the Equation of Exchange.

Homework #42 -- Thursday, November 29, 2012 -- Review
Study for tomorrow's exam!


Homework #43 -- Friday, November 30, 2012 -- Review
Be sure to review your "Financial Crisis" reading. I will give you a few minutes to meet with your groups on Monday to put together a brief 2-5 minute presentation on your topic.
 
Homework #44 -- Monday, December 3, 2012 -- The Federal Reserve
Review Module 26 and answer all of the questions at the end of the module.

Also, be sure to finish off the worksheet that was started in class!

Homework #45 -- Tuesday, December 4, 2012 -- The Federal Reserve (cont'd)
Read Module 27 and answer all of the questions at the end of the module.
 
Homework #46 -- Wednesday, December 5, 2012 -- The Money Market
Read Module 28 and answer all of the questions at the end of the module.
 
Homework #47 -- Thursday, December 6, 2012 -- The Money Market (cont'd)
Complete the following worksheet on Elasticity.

Homework #48 -- Friday, December 7, 2012 -- The Market for Loanable Funds
Read Module 29 and answer all of the questions at the end of the module.
 
For fun (at least I think it's fun): An interesting article about the fiscal cliff.

Homework #49 -- Monday, December 10, 2012 -- The Market for Loanable Funds (cont'd)
So, this website officially stinks! Don't worry about downloading the sheets, I'm not even able to upload them again! I will make you all hard copies. Have a good night!

Homework #50 -- Wednesday, December 12, 2012 -- Budget Deficits and Debt
Read Module 30 and answer all of the questions at the end of the module.

Also, complete this worksheet on the "Crowding Out Effect". Do you notice how I keep bringing this topic up?! The A.P. examiners LOVE asking questions about this, so be sure you are clear about it! If not, ask me!!

Homework #51 -- Friday, December 14, 2012 -- Monetary Policy and the Interest Rate
Read Module 31 and answer all of the questions at the end of the module.

Homework #52 -- Monday, December 17, 2012 -- Money, Output, and Prices in the Long-run
Read Module 32 and answer all of the questions at the end of the module.

As promised, here's the crowding-out effect in a graph.

Homework #53 -- Tuesday, December 18, 2012 -- Inflation Revisited
Read Module 33 and answer all of the questions at the end of the module.

Homework #54 -- Wednesday, December 19, 2012 -- The Phillips Curve
Read Module 34 and answer all of the questions at the end of the module.
Complete the following worksheet on the Phillips Curve.
Also, here are some important PowerPoint slides that help you understand the relationship between the AD-AS Diagram and the Phillips Curve.

Homework #55 -- Friday, December 20, 2012 -- Macroeconomic Views
Read Modules 35 and 36 and answer all of the questions at the end of the module.Also, continue working on your term projects!!For those interested, here's a link to "Keynes vs. Hayek - Round 2"http://www.youtube.com/watch?v=GTQnarzmTOcHave a wonderful break!