Week 13 – Government Budget

 

Additional Resources:

Darrick Hamilton is a professor at the my graduate department. He is a BedStuy native who works on revolutionary expansionary policy and talks here about the limits of monetary policy and its interaction with stocks and politics. We didn’t watch in class but I suspect it is of interest to many:

Goodman, A. and J. González. (2020, August 19). “We Will Make Biden Do It: Economist Darrick Hamilton on Pushing the Next Admin to the Left.” DemocracyNow.

Resources from class:

Kelton, Stephanie. (2018, August 20). Interview with Fareed Zakaria. CNN.

Lu, Marcus. (2020, October 30). “Charting America’s Debt: $27 Trillion and Counting.” Visual Capitalist. https://www.visualcapitalist.com/americas-debt-27-trillion-and-counting/

Week 10 – Keynesian Cross & Multiplier Notes

Here are the full forms of the graphs we went through in class on Monday 10/26. If you would like to see a simplifed version of these graphs, I suggest drawing your own.

First, draw and label the axes.

Then, draw and label the AD curve.

Then, add the Y=AD line.

IMG_0439.HEIC_

KgGkF.heic_

Question Building part 1 (of 3)

Drawing on the skills we’ve been honing in class on Wednesdays, we completed our first Question Building (QB) assessment in class on Wednesday, September 30th.

Al asked students to respond to the following prompts:
A) What is something you have learned in our class?
B) What is something you would like to learn in our class?

In order to get full credit (10 of 10 possible points), answers needed to meet the following criteria:

Responses to part A:
– came from something we had either talked about in class or encountered in class materials (readings, videos, etc.)
– were a piece of information (not just a topic)

Responses to part B:
– were related to what we have done in class so far
– were stated as a question

An example of a 10/10 response is:
A) I learned that a positive statement is a statement about the way the world is whereas a normative statement is about how someone wants the world to be.
B) I want to know: What is the relationship between GDP growth and job growth?

Students who completed this assignment in class were given the opportunity to workshop their responses with other students and with Al. Students who did not complete the assignment in class can submit their responses to Al over email or before or after class next week (Week 7).