Boundless Learning: Additional resources specifically developed for the textbook chapters below can be found by clicking the link to the left. Beware: You will have to sign up with Boundless Learning and choose Mankiw's textbook first. Then, you will have to search for the right chapter.

February 29: Labor markets and unemployment

Homework Due: Mankiw (Chapters 18,19, and 28) and watch the following video.

Khan Academy: The first three videos are beyond our syllabus but aren't bad to know. Definitely watch the fourth video ("The unemployment rate")

March 18: Reconciling demand-management and supply-side fiscal policies (test review)

Homework Due: Read Mankiw (Chapter 36 - Should Monetary and Fiscal Policymakers Try to Stabilize the Economy and Should the Government Balance Its Budget sections)

Assessments and Activities: Free-response/problem and problem set

Free-response/problem: You will work cooperatively with your partner to construct a response to the following prompt.

Evaluate the effectiveness of Keynesian fiscal policy. In your address each of the following (SL need to address 3 and 4 only):

The multiplier effect

The crowding out effect

The reasons that neoclassical economists prefer no government intervention

Market oriented and interventionist supply-side policies

Problem Set: Once you have completed your response, you will work on a fiscal policy problem set.

March 20: Fiscal policy test (multiple-choice only)

Beware: You will have to sign up with Boundless Learning and choose Mankiw's textbook first. Then, you will have to search for the right chapter.Labor markets and unemploymentFebruary 29:Homework Due: Mankiw (Chapters 18,19, and 28) and watch the following video.Khan Academy: The first three videos are beyond our syllabus but aren't bad to know. Definitely watch the fourth video ("The unemployment rate")The unemployment rateAssessments and Activities: Lecture (PDF below)Related ReadingsCosts of UnemploymentLabor UnionsIncome inequality and poverty (Syllabus Section 2.4)March 4:Homework Due: Read Mankiw (Chapter 20)Assessments and Activities: Free response/problem and lecture: You will work cooperatively with your partner to construct a response to the following prompt.Free-response/problemDefine: Natural rate of unemployment.Explainhow the following combine to account for the unemployment rate.Evaluatethe different ways that unemployment could be reduced.: Income inequality and poverty (PDF below)LectureRelated ReadingsWelfareThe government budget and the tax system (Syllabus Section 2.4)March 6:Homework Due: Read Mankiw (Chapter 12)Assessments and Activities: Free-response/problem and lecture: You will work cooperatively with your partner to construct a response to the following prompt.Free-response/problem: The government budget and the tax system (PDF below)LectureRelated ReadingsBooms and busts, the accelerator effect, and Keynesian fiscal policy (Syllabus Section 2.4)March 8:Homework Due: Read Mankiw (Chapter 34 - How Fiscal Policy Influences Aggregate Demand section) and watch the following videos.Khan AcademyDeflationIntroduction to Fiscal PolicyAssessments and Activities: Free-response/problem and lecture: You will work cooperatively with your partner to construct a response to the following prompt.Free-response/problem: Booms and busts, the accelerator effect, and Keynesian fiscal policy (PDF below)LectureRelated ReadingsUnintended ConsequencesThe Great DepressionMarch 12:The multiplier effect and crowding out effectHomework Due: Read Section 3.4 (McGee) and watch the videos below.Fiscal Policy and the Multiplier EffectFiscal Policy and the Tax MultiplierCrowding Out Part 1Crowding Out Part 2Activities and Assessments: Free-response/problem and lecture: You will work cooperatively with your partner to construct a response to the following prompt.Free-response/problem: The multiplier effect and crowding out effect (PDF below)LectureRelated ReadingsAirline DeregulationSupply-side economics (Syllabus Section 2.6)March 14:Homework Due: NoneAssessments and Activities: Free-response and lecture: You will work cooperatively with your partner to construct a response to the following prompt.Free-response/problemLecture: Supply-side economics (PDF below)Related ReadingsCapital Gains TaxesReconciling demand-management and supply-side fiscal policies (test review)March 18:Homework Due: Read Mankiw (Chapter 36 - Should Monetary and Fiscal Policymakers Try to Stabilize the Economy and Should the Government Balance Its Budget sections)Assessments and Activities: Free-response/problem and problem set: You will work cooperatively with your partner to construct a response to the following prompt.Free-response/problem: Once you have completed your response, you will work on a fiscal policy problem set.Problem SetFiscal policy test (multiple-choice only)March 20:March 22:Fiscal policy test (papers)