Category Archives: Our Work

Week 8 – International Trade

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Before Class on Tuesday, 10/12
Watch (14:27): Blumberg (2013) (see notes)
Read: Lumen Learning “Absolute and Comparative Advantage” & “Comparative Advantage and Gains from Trade”

Before Class on Friday, 10/15
Have tried or completed all of Weekly Review 6

Material Links
Blumberg, Alex. (2013) “Planet Money Makes a T-Shirt.” Planet Money. NPR. https://apps.npr.org/tshirt/#/title
Lumen Learning “Absolute and Comparative Advantage” https://courses.lumenlearning.com/wm-macroeconomics/chapter/absolute-and-comparative-advantage/ & “Comparative Advantage and Gains from Trade” https://courses.lumenlearning.com/wm-macroeconomics/chapter/reading-absolute-advantage-2/

Notes on Blumberg:
Prioritize “People,” “Boxes”, and “You” if you have to skip some chapters but they are all very engaging and highly encouraged!
Time Breakdown by Chapter :
Intro (0:45)
Cotton (02:32)
Machines (01:33)
People (06:21)
Boxes (01:37)
You (01:40)

Week 7 – Consumption & Savings

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Before Class on Tuesday, 10/05
Read: Moore (2020)
Watch (6:39): Khan (2014)
In Class
Slides: Consumption and Savings

Before Class on Friday, 10/08
Have tried or completed all of Weekly Review 5

Material Links
Khan, Sal. (2014). “Consumption Function Basics.” Khan Academy. https://www.khanacademy.org/economics-finance-domain/macroeconomics/income-and-expenditure-topic/macroeconomics-the-consumption-function/v/consumption-function-basics
Moore, Kyle. (2020). “The Economics of Race.” Phenomenal World. 27 February https://phenomenalworld.org/analysis/stratification-economics

(Khan 2014)

Week 6 – Employment

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Before Class on Tuesday, 09/28
Read: EPI Staff (2021)
Read: @comradecloset et al. (2019)
In Class
Slides: Labor and the Profit Motive

Before Class on Friday, 10/01
Have completed/attempted all of Weekly Review 4

Material Links
@comradecloset, @subversive.thread, and @abolish_time. (2019). “Why We Say #Abolish Work” 25 June. https://www.instagram.com/p/BzJObj4Av4f/
EPI Staff. (2021). Economic Indicators: Jobs and Unemployment. 3 September. https://www.epi.org/indicators/unemployment/

Optional
Picchi, Aimee. (2021). “Minimum wage would be $26 an hour if it had grown in line with productivity.” CBS News. 7 September. https://www.cbsnews.com/news/minimum-wage-26-dollars-economy-productivity/

Week 5 – Economic Well-being

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Before Class on Tuesday, 09/21
Read: Lumen Learning “What is Gross Domestic Product?” and “Calculating GDP”
Watch (17:42): Pheko (2020)
In Class
Slides: Economic Well-being

Before Class on Friday, 09/24
Have tried all of Weekly Review 3

Material Links
Lumen Learning. “What is Gross Domestic Product?” https://courses.lumenlearning.com/wm-macroeconomics/chapter/what-is-gross-domestic-product/ & “Calculating GDP” https://courses.lumenlearning.com/wm-macroeconomics/chapter/calculating-gdp/
Pheko, Lebohang. (2020). “Feminist economics is everything. The revolution is now!” TEDxLytteltonWomen. 4 February. https://youtu.be/bDiOXjBK8xM

Pheko (2020)

Optional: Fed Reserve of Dallas – Deflating Nominal Values to Real Values

Week 4 – Money & Inflation

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Before class Tuesday, 09/14
Read: CORE Section 10.1
Read: Irungu (2020)
Watch (6:51): Schamus (2014)

Before class Friday, 09/17
have tried all of Weekly Review 2

Material Links
CORE project. (2021). “Banks, Money, and the Credit Market: Money and Wealth.” The Economy. https://www.core-econ.org/the-economy/
Irungu, Irene. (2020). “The Drivers of Inflation During the COVID-18 Pandemic.” The Elephant. 9 October. https://www.theelephant.info/data-stories/2020/10/09/the-drivers-of-inflation-during-the-covid-19-pandemic/
Schamus, James (Director). (2014). That Film About Money [Film]. wetheeconomy. https://wetheeconomy.com/films/that-film-about-money/