Author: Al Eisenbarth
Schamus 2014 – Part 2 That Film About Money
Weekly Review 9 – Due 11/05
Week 10 – Keynesian Cross & Multiplier
Here are the final forms of the graphs we went over in class on Tuesday, October 27th. If you would like to view the graph in a similar form. To recreate this one:
- Draw and label the axes.
- (optional step, only if it helps you) Draw and label the Consumption line.
- Draw and label the Aggregate Demand line.
- Draw and label the Y=AD line.
Weekly Review 8 – Due 10/29
For question 7, it says “The economy has a spending multiplier of 0.8.” it SHOULD say “The economy has a marginal propensity to consume of 0.8.” Apologies for the confusion!!
WR8-Due1029Weekly Review 7 – Due 10/22
Weekly Review 6 – Due 10/15
Week 7 – Savings and Investment Lecture Slides
Question Building part 1 (of 3)
Drawing on the skills we’ve been honing in class on Thursday, we completed our first Question Building (QB) assessment in class on Thursday, October 1st.
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).