{"id":405,"date":"2021-10-22T13:42:00","date_gmt":"2021-10-22T17:42:00","guid":{"rendered":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1404-spring-2021\/?p=405"},"modified":"2021-09-23T14:34:14","modified_gmt":"2021-09-23T18:34:14","slug":"week-10-keynesian-cross","status":"publish","type":"post","link":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/2021\/10\/22\/week-10-keynesian-cross\/","title":{"rendered":"Week 10 &#8211; Keynesian Cross"},"content":{"rendered":"\n<p>Before Class on <strong>Tuesday, 10\/26<\/strong><br>Read: The Economy, Sections 14.1, 14.2, &amp; 14,3 <br>Watch (9:19): Khan (2013) <br><strong>In Class<\/strong><br>Slides: <a href=\"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/2021\/10\/21\/keynesian-cross-multiplier-slides\/\" target=\"_blank\" rel=\"noreferrer noopener\">Keynesian Cross<\/a><\/p>\n\n\n\n<p>Before Class on <strong>Friday, 10\/29<\/strong><br>have done or attempted all of <a href=\"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/2021\/10\/22\/weekly-review-8\" target=\"_blank\" rel=\"noreferrer noopener\">Weekly Review 8<\/a><br><strong>In Class<\/strong><br><a rel=\"noreferrer noopener\" href=\"https:\/\/www.gainesvilletimes.com\/news\/government\/how-stimulus-might-not-be-enough-help-poor-or-economy\/\" target=\"_blank\">Sequiera, Robbie. (2021). &#8220;How stimulus might not be enough to help poor or economy.&#8221; The Gainesville Times. 10 March.<\/a><\/p>\n\n\n\n<div class=\"wp-block-file\"><a href=\"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/wp-content\/uploads\/sites\/1438\/2021\/04\/KeynesianADGraph.xlsx\">KeynesianADGraph- Excel file with graphs<\/a><a href=\"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1404-spring-2021\/wp-content\/uploads\/sites\/1438\/2021\/04\/KeynesianADGraph.xlsx\" class=\"wp-block-file__button\" download>Download<\/a><\/div>\n\n\n\n<p><strong>Material Links<\/strong><br>The CORE Program. (2021). &#8220;Unemployment and Fiscal Policy: the transmission of shocks, the multiplier process'&#8221; The Economy. <a rel=\"noreferrer noopener\" href=\"https:\/\/www.core-econ.org\/the-economy\/book\/text\/14.html#141-the-transmission-of-shocks-the-multiplier-process\" target=\"_blank\">https:\/\/www.core-econ.org\/the-economy\/book\/text\/14.html#141-the-transmission-of-shocks-the-multiplier-process<\/a><br>&#8220;The multiplier model&#8221;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.core-econ.org\/the-economy\/book\/text\/14.html#142-the-multiplier-model\" target=\"_blank\"> https:\/\/www.core-econ.org\/the-economy\/book\/text\/14.html#141-the-transmission-of-shocks-the-multiplier-process<\/a><br>&#8220;Target household wealth, collateral, and consumption spending,&#8221; <a rel=\"noreferrer noopener\" href=\"https:\/\/www.core-econ.org\/the-economy\/book\/text\/14.html#143-household-target-wealth-collateral-and-consumption-spending\" target=\"_blank\">https:\/\/www.core-econ.org\/the-economy\/book\/text\/14.html#143-household-target-wealth-collateral-and-consumption-spending<\/a><br>Khan, Sal. (2013) \u201cKeynesian Cross.\u201d Khan Academy.&nbsp;<a href=\"https:\/\/www.khanacademy.org\/economics-finance-domain\/macroeconomics\/income-and-expenditure-topic\/macroeconomics-the-keynesian-cross\/v\/keynesian-cross\">https:\/\/www.khanacademy.org\/economics-finance-domain\/macroeconomics\/income-and-expenditure-topic\/macroeconomics-the-keynesian-cross\/v\/keynesian-cross<\/a><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Keynesian Cross\" width=\"625\" height=\"352\" src=\"https:\/\/www.youtube.com\/embed\/sTw0e-hwYAQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Before Class on Tuesday, 10\/26Read: The Economy, Sections 14.1, 14.2, &amp; 14,3 Watch (9:19): Khan (2013) In ClassSlides: Keynesian Cross Before Class on Friday, 10\/29have done or attempted all of Weekly Review 8In ClassSequiera, Robbie. (2021). &#8220;How stimulus might not be enough to help poor or economy.&#8221; The Gainesville Times. 10 March. Material LinksThe CORE [&hellip;]<\/p>\n","protected":false},"author":1306,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"portfolio_post_id":0,"portfolio_citation":"","portfolio_annotation":"","openlab_post_visibility":"","footnotes":""},"categories":[8],"tags":[17],"class_list":["post-405","post","type-post","status-publish","format-standard","hentry","category-work","tag-week-10"],"_links":{"self":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/wp-json\/wp\/v2\/posts\/405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/wp-json\/wp\/v2\/users\/1306"}],"replies":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/wp-json\/wp\/v2\/comments?post=405"}],"version-history":[{"count":10,"href":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/wp-json\/wp\/v2\/posts\/405\/revisions"}],"predecessor-version":[{"id":839,"href":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/wp-json\/wp\/v2\/posts\/405\/revisions\/839"}],"wp:attachment":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/wp-json\/wp\/v2\/media?parent=405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/wp-json\/wp\/v2\/categories?post=405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/eco-201-1301-fall-2021\/wp-json\/wp\/v2\/tags?post=405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}