Ch #17 Fiscal Policy

Ch. #17 Fiscal policy

Tuesday, January 14, 2020 – Tuesday, January 21, 2020

Tuesday (Period 5)
In class:

Homework:

Wednesday (Period 4)
In class:

Homework:

Thursday
In Class:

Discuss Area (136/16) and State (~$400/drops/turn around time is short)
Final will be on Micro and Macro as studied and will be MC
- Use Module review guides as well as all other resources
Macro IA on Fiscal Policy will be due 2/6 (three weeks from now)
- Introduce Internal assessment #2 - Fiscal policy due dates:
- 1/24 Friday Article due (emailed link only)
- 1/31 Friday Commentary planning worksheet due
- 2/06 Thursday Final draft due
  - Students read: Interconnected areas of evaluation may include:
    - Fiscal policy
    - Expansionary policies (lower taxes, higher G spending)
    - Contractionary policies (higher taxes, lower G spending)
      - Budget/spending (outflow)
      - Taxes (inflow)
      - Deficits (annual shortfall between tax receipt inflows and spending outflows)
      - Debt (life-time accumulated of deficits and surpluses)
    - Automatic fiscal stabilizers
      - Unemployment benefits
      - Progressive tax system
    - Crowding out effect
    - Net export effect
      - Do not use the multiplier effect (HL only)
View fiscal policy at work: Hutchins Center Fiscal Policy Impact Measure (visual demonstration of government intervention through fiscal policy at various levels)
Students watch Mjmfoodie: Fiscal policy 11m
National debt clock
Ch 17 PPT lecture

Homework:

Friday
In class:

Homework:

Monday
In class:

Homework:

Tuesday (Period 5)
In class:

Homework: