Important

All course work and postings have moved to D2L for the remainder of the term. Please refer to D2L for all resources and assignments

Video Presentation

Watch the Video here

Please complete a 3-2-1 sheet:

Download (PDF, 17KB)

Monetary Policy and Interest Rates

Download (PDF, 13.17MB)

Fiscal Policy

Questions to focus on:

  1. How can the government influence the business cycle?
  2. What are the benefits and drawbacks of using fiscal policy?
  3. Can a democratically elected government be relied on to enact proper fiscal policy?

Download (PDF, 842KB)

Download (PDF, 6.27MB)

 

Additional Practice and review:

Background readings:

What the numbers say about the performance of the last three governments as fiscal managers

 

Budget Surpluses and Deficits

Questions to Focus on:

  • The challenge of fiscal policy: when to stop?
  • What is a surplus?
  • What is a budget deficit?
  • What are the principles that guide government fiscal policy?

Additional Practice and Review-Numeracy Activity

Complete “Thinking Like and Economist” page 234

Please read the following:

Fortune Magazine

The Usual Suspects

75 Charts

The Business Cycle

Quiz Chapters 6-7

Questions to focus on:

  1. What is the business cycle?
  2. What is the macro-economist’s role in terms of the business cycle?
  3. What impact do the different stages have on aggregate supply and demand?

Additional Practice and Review:

Read Chapter 10

Review the “Check Your understanding Questions” – you should be able to answer them from your notes

Background Reading:

The charts every Canadian should be watching

Macroeconomics- Quick Introduction and Summary

 

Download (PDF, 3.98MB)

Macroeconomics – A Brief History

Questions you should be able to answer:

  • What is the role of government in relation to consumer and producer theory?
  • How has our opinion for the role of government changed over time? Why has it changed?
  • How has the role of government in the economy changed over time in Canada and the world?
  • What challenges does globalization pose for democratic governments?

 

Competition and Markets

  1. Perfect Competition
  2. Monopolistic Competition
  3. Oligopoly
  4. Monopolies

Additional Practice and Review

Read 152- 157

Download (PDF, 5.01MB)

 

Everybody Wants to Rule the World

Complete a 3-2-1 sheet for the article and bring to class

Image:https://www.flickr.com/photos/neilsingapore/36913061322

Please Remember to Check this Blog and D2L

I hope you and your families are doing well in these challenging times.

Feel free to email me via D2L as I will be posting lessons on this blog and D2L.