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.

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Week 2 – Question Building

What should New York City do to recover economically from COVID-19?

In class we started building some questions that would help us answer this big question.

here are notes from the conversation we had in class on Wednesday, September 2nd

Here is the article that started our discussion:

Gonzalez, Angi. (2020). “Economic Impact of Coronoavirus Still Looms in NYC.” Spectrum News NY1. 31 July. https://www.ny1.com/nyc/all-boroughs/coronavirus/2020/07/31/economic-impact-of-coronavirus-still-looms-in-nyc

Read: Macroeconomics: Module 16 at Lumen Learning

Strengthening and Weakening Currency

Just one section. Try the questions in the “try it” boxes to test your understanding. If you want some help working through examples, I suggest watching the embedded videos in the reading. The guy in the videos is really good at explaining (even if he talks a little fast). We’re going to go through the examples in the “Effects of a Weaker Dollar” blue box in class on Tuesday so you don’t need to do those on your own.