Author Archives: Al Eisenbarth

Final due Thursday, December 16th

This version is for the class that meets Tuesdays & Thursdays 11am-12:15pm
Final-1104-Due1216

You may use your notes but please turn in your own work rather than work someone else has done with or without their knowledge. Full disclosure: choosing to turn in someone else’s work can result in failure of the course or expulsion from BMCC.

Student Course Evaluations

Student Course Evaluations are super helpful to me in terms of building my classes and rehiring. I appreciate all feedback enthusiastic, so-so, or unfavourable. Evaluations must be completed by the end of the day Monday, December 13th. Your responses are anonymous and I will not be able to see them until after I have turned in your final grades. Here is the information I have received about the student evaluations:

We are asking for your assistance again to remind your students to complete the course evaluation survey; the deadline is Monday, December 13th, at 11:59 PM.If you are contacted by a student who has not received their course evaluation survey email, please have them reach out to ins@bmcc.cuny.edu.

On Monday, November 8th, 2021, we emailed students enrolled in your course with the subject line ‘Student Course Evaluations’.We asked them to evaluate the course(s) you are teaching this semester. Subsequent reminder emails were also sent to students who have yet to respond. 

Information about the course evaluation survey was provided in the emails. Each student received an individualized link that directs them to their respective course evaluation. Please note that no general link is provided. 

Week 16 – Review

Tuesday, 12/07
come to class with questions.
we will go over Weekly Reviews.

Thursday, 12/09
come to class with questions.
we will finish going over Weekly Reviews.
revisit Question Building questions — what makes a good answer?

due Thursday, 12/16
Final Exam due uploaded to Blackboard by 11:59pm
Any late assignments must also be turned into Blackboard by 11:59pm.
Any one hoping to take an incomplete must have already spoken to me directly about this and have my consent by 6pm.

Week 15 – AD & AS

Before Class on Tuesday, November 30th
OpenStax (2021) – 11.1 & 11.2
(optional)
OpenStax 11.3 & 11.4
Marginal University (2021)
In Class
Week15-ASADDownload

Before Class on Thursday, December 2nd
Have completed or attempted all of Weekly Review 11

Material Links
OpenStax. (2021). “Macroeconomic Perspectives on Demand and Supply.” Principles of Macroeconomics (second edition). https://openstax.org/books/principles-macroeconomics-2e/pages/11-1-macroeconomic-perspectives-on-demand-and-supply
OpenStax. (2021). “Building a Model of Aggregate Demand and Aggregate Supply.” Principles of Macroeconomics (second edition). https://openstax.org/books/principles-macroeconomics-2e/pages/11-2-building-a-model-of-aggregate-demand-and-aggregate-supply
OPTIONAL
Marginal University. https://www.youtube.com/playlist?list=PLaZU7UOmD4OGRLhk7bLsFrJMc162jLfrz
In this series, Aggregate Demand might be the most helpful. Long Run Aggregate Supply and Short Run Aggregate Supply present an alternative to the Aggregate Supply curve we are using, representing the so-called “neoclassical synthesis”

 

Week 14 – AD & AS Model

Before Class on Tuesday, November 23rd
Read: Economics Online (2021)
Watch (5:17): Khan Academy (transcript available at link)
In Class


NO CLASS on Thursday, November 25th

Material Links
Economics Online. (2021). “The AD- AS Model” https://www.economicsonline.co.uk/Managing_the_economy/Introduction_to_aggregate_demand_and_aggregate_supply.html
Khan, Sal. “Shifts in Aggregate Demand.” https://www.khanacademy.org/economics-finance-domain/macroeconomics/aggregate-supply-demand-topic/macro-changes-in-the-ad-as-model-in-the-short-run/v/shifts-in-aggregate-demand

Economics Seminar: The Crisis of US Capitalism and a Solution: A Conversation with Economist Richard D. Wolff

November 29 at 5:00 pm – 6:00 pm | Zoom

Join us for a conversation with Dr. Richard D. Wolff, Professor of Economics Emeritus, University of Massachusetts, Amherst. Dr. Wolff will discuss US capitalism’s problems today which include record inequality, economic instability, Covid, inflation, bad jobs, record government, business, and household debts, US political gridlock, and tough global competition. These problems add up to a general crisis of the system. The reaction inside the US – mostly denial – solves nothing. We need solutions such as this: democratize workplaces for a system different from and better than capitalism.

Richard Wolff

About Richard D. Wolff
Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst, and a Visiting Professor in the Graduate Program in International Affairs of the New School University, NYC. He is the founder of Democracy at Work and host of their nationally syndicated show Economic Update. His latest book, The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself, can be found along with his other books Understanding Socialism and Understanding Marxism at www.democracyatwork.info.

RSVP for this event to receive the Zoom link.

All BMCC students, faculty and staff are invited to attend.

This talk is sponsored by the BMCC Department of Social Sciences, Human Services, and Criminal Justice, the Economics Program and the Economics, Equality and Environment Student Academic Club. If you have any questions, contact Professor Christine Farias at cfarias@bmcc.cuny.edu or Professor Kenneth Levin at klevin@bmcc.cuny.edu or Nina Kravets at bmcceeeclub@gmail.com.

Question Building (Part 2 of 2)

This assignment, worth 10% of your final grade, will be completed in class on Thursday, November 18th.

No preparation is necessary to complete this assignment.

Students will work together to write a question for the final exam, including its answer. This assignment includes an individual and a group component.

  1. Individually, students will need to provide Al with a piece of information they have learned. To receive full credit for this portion of the Question Building, student responses will need to be:
    • relevant to the class (information came from class readings or discussions)
    • a piece of information (not just a topic)
  2. As a group, students will need to write two questions for the final exam with the correct answer. Questions can be true/false, multiple choice, fill in the blank, or short answer.

Additional instructions for completing this assignment will be given in class.

Week 13 – Government Budget

Before class on Tuesday, 11/16
Watch (13:51): Kelton (2021)
Read: Lu (2020)
Read: Lumen Learning: “Taxation

In class on Thursday, 11/18
Question Building 2 In Class

Material Links
Kelton, Stephanie. (2021). “The big myth of government deficits.” TEDMonterey. https://www.ted.com/talks/stephanie_kelton_the_big_myth_of_government_deficits
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/
Lumen Learning: from Module 11: “Taxation” https://courses.lumenlearning.com/wm-macroeconomics/chapter/reading-taxation/

Week 12 – Monetary Policy

Before class on Tuesday, 11/09
Read: Lumen Learning “Monetary Policy” and “Monetary Policy and Open Market Operations”
Watch (8:10): Schamus (2014)

In Class


Before class on Thursday, 11/11
have done or attempted all of Weekly Review 10

Material Links
Lumen Learning. (2021). Module 13: “Monetary Policy” https://courses.lumenlearning.com/wm-macroeconomics/chapter/tools-of-monetary-policy/ and “Monetary Policy and Open Market Operations“ https://courses.lumenlearning.com/wm-macroeconomics/chapter/monetary-policy-and-open-market-operations/
Schamus, James. (2014). “The Second Part of That Film About Money.” wetheeconomy.