Before Class on Monday, 02/22
Read – Lumen Learning: Macroeconomics
Module 6: Macroeconomic Measures – What is Gross Domestic Product? and Calculating GDP
Watch (17:42) – Pheko (2020)
In Class (slides) – Economic Well-being
Fed Reserve of Dallas – Deflating Nominal Values to Real Values
Cassidy (2020) – Can We Have Prosperity Without Growth?
“Try It” boxes and additional videos embedded in this text are for your benefit unless otherwise specified. Use them if they are useful to you but you may skip them if they are not.
Week 7 – from Module 15: “Absolute and Comparative Advantage” and “Comparative Advantage and the Gains from Trade” OPTIONAL: “Learning by Doing: Comparative Advantage and the Gains from Trade“
Week 8 – from Module 16: “Strengthening and Weakening Currency” *this is the only reading for this week so I encourage you to do the exercises and watch the videos in this chapter if this is an unfamiliar concept.
Week 11 – from Module 11: “Automatic Stabilizers” and “Neoclassical Fiscal Policy and Supply-Side Economics“
Cassidy, John. (2020). “Can We Have Prosperity Without Growth?” The New Yorker. https://www.newyorker.com/magazine/2020/02/10/can-we-have-prosperity-without-growth
Pheko, Lebohang. (2020). “Feminist economics is everything. The revolution is now!” TEDxLytteltonWomen. 4 February.