Course Modules: ECON&202 S20 3175

Getting Started

Getting Started Getting Started

Context Module Sub Header

Textbook 5

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Textbook & Additional Resources Textbook & Additional Resources 6

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Context Module Sub Header

Student Support & Resources 7

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Getting Started with Canvas Getting Started with Canvas 8

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Canvas Quick Links Canvas Quick Links 9

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Online Learning Resources Online Learning Resources 11

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Tech Services & Computer Resources Tech Services & Computer Resources 12

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Section One - Module 1: Introduction to Economics & Market Theory. April 6 - 10

Section One - Module 1: Introduction to Economics & Market Theory. April 6 - 10 Section One - Module 1: Introduction to Economics & Market Theory. April 6 - 10

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Section One - Why an Introductory Section? Section One - Why an Introductory Section? 1

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Attachment

Pet Peeves.docx Pet Peeves.docx 2

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Quiz

Homework #1: Chapter One and Related Video Lectures Homework #1: Chapter One and Related Video Lectures 35 3

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External Url

1 Introduction 1 Introduction 4

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External Url

1.1 What Is Economics, and Why Is It Important? 1.1 What Is Economics, and Why Is It Important? 5

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What is Economics? What is Economics? 6

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Intro to Economics: Crash Course Economics #1 Intro to Economics: Crash Course Economics #1 7

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Adam Smith, Book 1, Ch 1, Division of Labor Adam Smith, Book 1, Ch 1, Division of Labor 8

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Adam Smith Adam Smith 9

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External Url

1.2 Microeconomics and Macroeconomics 1.2 Microeconomics and Macroeconomics 10

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External Url

1.3 How Economists Use Theories and Models to Understand Economic Issues 1.3 How Economists Use Theories and Models to Understand Economic Issues 11

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Circular Flow Diagram/Model Circular Flow Diagram/Model 12

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External Url

1.4 How To Organize Economies: An Overview of Economic Systems 1.4 How To Organize Economies: An Overview of Economic Systems 13

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Specialization and Trade: Crash Course Economics #2 Specialization and Trade: Crash Course Economics #2 14

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Comparative Advantage Comparative Advantage 15

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Economic Systems and Macroeconomics: Crash Course Economics #3 Economic Systems and Macroeconomics: Crash Course Economics #3 16

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Quiz

Quiz 1 - Chapter 1- Requires Respondus LockDown Browser Quiz 1 - Chapter 1- Requires Respondus LockDown Browser 20 17

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Section One - Module 2: Market Fundamentals. April 10 - 15

Section One - Module 2: Market Fundamentals. April 10 - 15 Section One - Module 2: Market Fundamentals. April 10 - 15

Complete All Items

Quiz

Homework #2: Chapter Two and Related Video Lectures Homework #2: Chapter Two and Related Video Lectures 35 1

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External Url

2 Introduction to Choice in a World of Scarcity 2 Introduction to Choice in a World of Scarcity 2

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External Url

2.1 How Individuals Make Choices Based on Their Budget Constraint 2.1 How Individuals Make Choices Based on Their Budget Constraint 3

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External Url

2.2 The Production Possibilities Frontier and Social Choices 2.2 The Production Possibilities Frontier and Social Choices 4

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Production Possibilities Curve Production Possibilities Curve 5

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External Url

2.3 Confronting Objections to the Economic Approach 2.3 Confronting Objections to the Economic Approach 6

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Rational choice-exchange theory Rational choice-exchange theory 7

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Behavioral Economics: Crash Course Economics #27 Behavioral Economics: Crash Course Economics #27 8

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Quiz

Quiz 2 - Chapter 2: - Requires Respondus Lockdown Browser- Requires Respondus LockDown Browser Quiz 2 - Chapter 2: - Requires Respondus Lockdown Browser- Requires Respondus LockDown Browser 20 9

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Section One - Module 3: Market Fundamentals II. April 15 - 19

Section One - Module 3: Market Fundamentals II. April 15 - 19 Section One - Module 3: Market Fundamentals II. April 15 - 19

Complete All Items

Quiz

Homework #3: Chapter Three and Related Video Lectures Homework #3: Chapter Three and Related Video Lectures 35 1

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External Url

3 Introduction to Demand and Supply 3 Introduction to Demand and Supply 2

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Demand and Supply Explained Demand and Supply Explained 3

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Supply and Demand - Crash Course Economics #4 Supply and Demand - Crash Course Economics #4 4

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External Url

3.1 Demand, Supply, and Equilibrium in Markets for Goods and Services 3.1 Demand, Supply, and Equilibrium in Markets for Goods and Services 5

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Changes in Market Equilibrium Changes in Market Equilibrium 6

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Supply of Goods and Services Supply of Goods and Services 7

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Markets, Efficiency, and Price Signals: Crash Course Economics #19 Markets, Efficiency, and Price Signals: Crash Course Economics #19 8

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External Url

3.2 Shifts in Demand and Supply for Goods and Services 3.2 Shifts in Demand and Supply for Goods and Services 9

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Shifting Demand and Supply Shifting Demand and Supply 10

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Factors that Affect Supply Factors that Affect Supply 11

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Factors that Affect Demand and factors that affect a shift in demand curves Factors that Affect Demand and factors that affect a shift in demand curves 12

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External Url

3.3 Changes in Equilibrium Price and Quantity: The Four-Step Process 3.3 Changes in Equilibrium Price and Quantity: The Four-Step Process 13

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3.4 Price Ceilings and Price Floors 3.4 Price Ceilings and Price Floors 14

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Price Controls, Subsidies, and the Risks of Good Intentions Price Controls, Subsidies, and the Risks of Good Intentions 15

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Price Ceilings and Floors Price Ceilings and Floors 16

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3.5 Demand, Supply, and Efficiency 3.5 Demand, Supply, and Efficiency 17

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Consumer and Producer Surplus Consumer and Producer Surplus 18

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Quiz 3 - Chapter 3- Requires Respondus LockDown Browser Quiz 3 - Chapter 3- Requires Respondus LockDown Browser 20 19

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Section One - Examination April 20 Requires Respondus Lockdown Browser

Section One - Examination April 20 Requires Respondus Lockdown Browser Section One - Examination April 20 Requires Respondus Lockdown Browser

Quiz

Examination #1 - MC & Free Response- Requires Respondus LockDown Browser Examination #1 - MC & Free Response- Requires Respondus LockDown Browser 75 1

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Section Two - Module 4: The Macroeconomic Perspective April 20 - 23

Section Two - Module 4: The Macroeconomic Perspective April 20 - 23 Section Two - Module 4: The Macroeconomic Perspective April 20 - 23

Complete All Items

Quiz

Homework #4: Chapter Six and Related Video Lectures Homework #4: Chapter Six and Related Video Lectures 35 1

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6 Introduction to the Macroeconomic Perspective 6 Introduction to the Macroeconomic Perspective 2

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Macroeconomics: Crash Course Economics #5 Macroeconomics: Crash Course Economics #5 3

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6.1 Measuring the Size of the Economy: Gross Domestic Product 6.1 Measuring the Size of the Economy: Gross Domestic Product 4

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What is Gross Domestic Production? What is Gross Domestic Production? 5

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Gross Domestic Product – The Economic Lowdown Video Series Gross Domestic Product – The Economic Lowdown Video Series 6

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Splitting GDP Splitting GDP 7

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6.2 Adjusting Nominal Values to Real Values 6.2 Adjusting Nominal Values to Real Values 8

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Nominal vs. Real GDP Nominal vs. Real GDP 9

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6.3 Tracking Real GDP over Time 6.3 Tracking Real GDP over Time 10

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GDP and Economic Growth GDP and Economic Growth 11

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6.4 Comparing GDP among Countries 6.4 Comparing GDP among Countries 12

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Top 20 Country GDP (PPP) History & Projection (1800-2040) Top 20 Country GDP (PPP) History & Projection (1800-2040) 13

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6.5 How Well GDP Measures the Well-Being of Society 6.5 How Well GDP Measures the Well-Being of Society 14

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Real GDP Per Capita and Standard of Living Real GDP Per Capita and Standard of Living 15

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GDP & PPP GDP & PPP 16

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Quiz

Quiz 4 - Chapter 6- Requires Respondus LockDown Browser Quiz 4 - Chapter 6- Requires Respondus LockDown Browser 20 17

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Section Two - Module 5: Long Term Economic Growth. April 24 - 27

Section Two - Module 5: Long Term Economic Growth. April 24 - 27 Section Two - Module 5: Long Term Economic Growth. April 24 - 27

Complete All Items

Quiz

Homework #5: Chapter Seven and Related Video Lectures Homework #5: Chapter Seven and Related Video Lectures 35 1

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7 Introduction to Economic Growth 7 Introduction to Economic Growth 2

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7.1 The Relatively Recent Arrival of Economic Growth 7.1 The Relatively Recent Arrival of Economic Growth 3

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Coal, Steam, and The Industrial Revolution: Crash Course World History #32 Coal, Steam, and The Industrial Revolution: Crash Course World History #32 4

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7.2 Labor Productivity and Economic Growth 7.2 Labor Productivity and Economic Growth 5

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Productivity and Growth: Crash Course Economics #6 Productivity and Growth: Crash Course Economics #6 6

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An Orgy of Innovation An Orgy of Innovation 7

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7.3 Components of Economic Growth 7.3 Components of Economic Growth 8

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Why Some Countries Are Poor and Others Rich Why Some Countries Are Poor and Others Rich 9

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How to Make a Country Rich How to Make a Country Rich 10

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7.4 Economic Convergence 7.4 Economic Convergence 11

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Basic Facts of Wealth Basic Facts of Wealth 12

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Growth Rates are Crucial Growth Rates are Crucial 13

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Economic Growth easily explained Economic Growth easily explained 14

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Quiz 5 - Chapter 7- Requires Respondus LockDown Browser Quiz 5 - Chapter 7- Requires Respondus LockDown Browser 20 15

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Section Two - Module 6: Unemployment. April 28 - May 1

Section Two - Module 6: Unemployment. April 28 - May 1 Section Two - Module 6: Unemployment. April 28 - May 1

Complete All Items

Quiz

Homework #6: Chapter Eight and Related Video Lectures Homework #6: Chapter Eight and Related Video Lectures 35 1

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8 Introduction to Unemployment 8 Introduction to Unemployment 2

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UNDERSTANDING ECONOMICS: UNEMPLOYMENT UNDERSTANDING ECONOMICS: UNEMPLOYMENT 3

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8.1 How Economists Define and Compute Unemployment Rate 8.1 How Economists Define and Compute Unemployment Rate 4

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8.2 Patterns of Unemployment 8.2 Patterns of Unemployment 5

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(Macro) Episode 19: Types of Unemployment (Macro) Episode 19: Types of Unemployment 6

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8.4 What Causes Changes in Unemployment over the Long Run 8.4 What Causes Changes in Unemployment over the Long Run 7

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Creative Destruction Creative Destruction 8

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Creative Destruction: Technology and Trade (episode 2) Creative Destruction: Technology and Trade (episode 2) 9

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8.3 What Causes Changes in Unemployment over the Short Run 8.3 What Causes Changes in Unemployment over the Short Run 10

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Quiz 6 - Chapter 8 - Requires Respondus LockDown Browser Quiz 6 - Chapter 8 - Requires Respondus LockDown Browser 20 11

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Section Two - Module 7: Inflation. May 2 - 5

Section Two - Module 7: Inflation. May 2 - 5 Section Two - Module 7: Inflation. May 2 - 5

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Homework #7: Chapter Nine and Related Video Lectures Homework #7: Chapter Nine and Related Video Lectures 35 1

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9 Introduction to Inflation 9 Introduction to Inflation 2

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UNDERSTANDING ECONOMICS: INFLATION UNDERSTANDING ECONOMICS: INFLATION 3

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Inflation and Bubbles and Tulips: Crash Course Economics #7 Inflation and Bubbles and Tulips: Crash Course Economics #7 4

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What is Inflation? What is Inflation? 5

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9.1 Tracking Inflation 9.1 Tracking Inflation 6

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9.2 How to Measure Changes in the Cost of Living 9.2 How to Measure Changes in the Cost of Living 7

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9.3 How the U.S. and Other Countries Experience Inflation 9.3 How the U.S. and Other Countries Experience Inflation 8

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9.4 The Confusion Over Inflation 9.4 The Confusion Over Inflation 9

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Why does inflation matter? Why does inflation matter? 10

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9.5 Indexing and Its Limitations 9.5 Indexing and Its Limitations 11

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Quiz 7 - Chapter 9 - Requires Respondus Lockdown Browser Quiz 7 - Chapter 9 - Requires Respondus Lockdown Browser 20 12

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Section Two Examination. May 6 Requires Respondus Lockdown Browser

Section Two Examination. May 6 Requires Respondus Lockdown Browser Section Two Examination. May 6 Requires Respondus Lockdown Browser

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Examination #2 - Free Response- Requires Respondus LockDown Browser Examination #2 - Free Response- Requires Respondus LockDown Browser 75 1

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Section Three - Module 8: Aggregate Demand/Aggregate Supply Model. May 7 - 10

Section Three - Module 8: Aggregate Demand/Aggregate Supply Model. May 7 - 10 Section Three - Module 8: Aggregate Demand/Aggregate Supply Model. May 7 - 10

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Quiz

Homework #8: Chapter Eleven and Related Video Lectures Homework #8: Chapter Eleven and Related Video Lectures 35 1

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Introduction to the Aggregate Demand/Aggregate Supply Model Introduction to the Aggregate Demand/Aggregate Supply Model 2

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11.1 Macroeconomic Perspectives on Demand and Supply 11.1 Macroeconomic Perspectives on Demand and Supply 3

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Page

Aggregate demand | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy Aggregate demand | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy 4

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Aggregate Demand and Supply and LRAS Aggregate Demand and Supply and LRAS 5

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11.2 Building a Model of Aggregate Demand and Aggregate Supply 11.2 Building a Model of Aggregate Demand and Aggregate Supply 6

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Classical v. Keynesian Theories Classical v. Keynesian Theories 7

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Classical vs. Keynesian Aggregate Supply Classical vs. Keynesian Aggregate Supply 8

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11.3 Shifts in Aggregate Supply 11.3 Shifts in Aggregate Supply 9

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Classical Aggregate Supply Aggregate Demand (AS/AD) Model - Short Run and Long Run Classical Aggregate Supply Aggregate Demand (AS/AD) Model - Short Run and Long Run 10

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Keynesian Aggregate Supply/Aggregate Demand (AS/AD) Keynesian Aggregate Supply/Aggregate Demand (AS/AD) 11

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11.4 Shifts in Aggregate Demand 11.4 Shifts in Aggregate Demand 12

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11.5 How the AD/AS Model Incorporates Growth, Unemployment, and Inflation 11.5 How the AD/AS Model Incorporates Growth, Unemployment, and Inflation 13

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11.6 Keynes’ Law and Say’s Law in the AD/AS Model 11.6 Keynes’ Law and Say’s Law in the AD/AS Model 14

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Quiz 8 - Chapter 11 - Requires Respondus LockDown Browser Quiz 8 - Chapter 11 - Requires Respondus LockDown Browser 20 15

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Section Three - Module 9: The Keynesian Perspective. May 11 - 15

Section Three - Module 9: The Keynesian Perspective. May 11 - 15 Section Three - Module 9: The Keynesian Perspective. May 11 - 15

Complete All Items

Quiz

Homework #9: Chapter Twelve and Related Video Lectures Homework #9: Chapter Twelve and Related Video Lectures 35 1

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12 Introduction to the Keynesian Perspective 12 Introduction to the Keynesian Perspective 2

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12.1 Aggregate Demand in Keynesian Analysis 12.1 Aggregate Demand in Keynesian Analysis 3

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Keynesian Economics Keynesian Economics 4

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12.2 The Building Blocks of Keynesian Analysis 12.2 The Building Blocks of Keynesian Analysis 5

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Keynesian economics | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy Keynesian economics | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy 6

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12.3 The Phillips Curve 12.3 The Phillips Curve 7

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Phillips Curve - Khan Academy Phillips Curve - Khan Academy 8

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The Phillips Curve The Phillips Curve 9

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12.4 The Keynesian Perspective on Market Forces 12.4 The Keynesian Perspective on Market Forces 10

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Keynesian Economics with Jacob Clifford Keynesian Economics with Jacob Clifford 11

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Quiz 9 - Chapter 12 - Requires Respondus Lockdown Browser Quiz 9 - Chapter 12 - Requires Respondus Lockdown Browser 20 12

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Section Three - Module 10: The Neoclassical Tradition May 15 - 18

Section Three - Module 10: The Neoclassical Tradition May 15 - 18 Section Three - Module 10: The Neoclassical Tradition May 15 - 18

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Homework #10: Chapter Thirteen and Related Video Lectures Homework #10: Chapter Thirteen and Related Video Lectures 35 1

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13 Introduction to the Neoclassical Perspective 13 Introduction to the Neoclassical Perspective 2

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Economic Schools of Thought: Crash Course Economics #14 Economic Schools of Thought: Crash Course Economics #14 3

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13.1 The Building Blocks of Neoclassical Analysis 13.1 The Building Blocks of Neoclassical Analysis 4

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The Long-Run Aggregate Supply Curve The Long-Run Aggregate Supply Curve 5

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13.2 The Policy Implications of the Neoclassical Perspective 13.2 The Policy Implications of the Neoclassical Perspective 6

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13.3 Balancing Keynesian and Neoclassical Models 13.3 Balancing Keynesian and Neoclassical Models 7

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The 2008 Financial Crisis: Crash Course Economics #12 The 2008 Financial Crisis: Crash Course Economics #12 8

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Quiz 10 - Chapter 13 - Requires Respondus LockDown Browser Quiz 10 - Chapter 13 - Requires Respondus LockDown Browser 20 9

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Section Three - Examination May 19 Requires Respondus Lockdown Browser

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Examination #3 - Free Response- Requires Respondus LockDown Browser Examination #3 - Free Response- Requires Respondus LockDown Browser 75 1

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Section Four - Module 11: Money and Banking. May 20 - 24

Section Four - Module 11: Money and Banking. May 20 - 24 Section Four - Module 11: Money and Banking. May 20 - 24

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Homework # 11: Chapter Fourteen and Related Video Lectures Homework # 11: Chapter Fourteen and Related Video Lectures 35 1

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Chapter 14 Introduction to Money and Banking Chapter 14 Introduction to Money and Banking 2

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14.1 Defining Money by Its Functions 14.1 Defining Money by Its Functions 3

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14.2 Measuring Money 14.2 Measuring Money 4

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Money and Finance: Crash Course Economics #11 Money and Finance: Crash Course Economics #11 5

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14.3 The Role of Banks 14.3 The Role of Banks 6

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Banking 1 | Money, banking and central banks | Finance & Capital Markets | Khan Academy Banking 1 | Money, banking and central banks | Finance & Capital Markets | Khan Academy 7

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Banking 2: A bank's income statement Banking 2: A bank's income statement 8

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Banking 3: Fractional Reserve Banking Banking 3: Fractional Reserve Banking 9

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14.4 How Banks Create Money - Expanding the Money Supply 14.4 How Banks Create Money - Expanding the Money Supply 10

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Banking 4: Multiplier effect and the money supply Banking 4: Multiplier effect and the money supply 11

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How Banks Create Money - Macro Topic 4.4 How Banks Create Money - Macro Topic 4.4 12

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The Money Multiplier The Money Multiplier 13

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Quiz 11 - Chapter 14 - Requires Respondus LockDown Browser Quiz 11 - Chapter 14 - Requires Respondus LockDown Browser 20 14

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Section Four - Module 12: Monetary Policy and Bank Regulation. May 25 - 29

Section Four - Module 12: Monetary Policy and Bank Regulation. May 25 - 29 Section Four - Module 12: Monetary Policy and Bank Regulation. May 25 - 29

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Homework# 12: Chapter 15 and Related Video Lectures Homework# 12: Chapter 15 and Related Video Lectures 35 1

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What's all the Yellen About? Monetary Policy and the Federal Reserve: Crash Course Economics #10 What's all the Yellen About? Monetary Policy and the Federal Reserve: Crash Course Economics #10 2

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The Federal Reserve System- Quick Overview The Federal Reserve System- Quick Overview 3

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The Fed Explains Bank Supervision and Regulation The Fed Explains Bank Supervision and Regulation 4

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Banking 8: Reserve Ratios Banking 8: Reserve Ratios 5

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The discount rate | Money, banking and central banks | Finance & Capital Markets | Khan Academy The discount rate | Money, banking and central banks | Finance & Capital Markets | Khan Academy 6

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Banking 12: Treasuries (government debt) Banking 12: Treasuries (government debt) 7

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What are Open Market Operations? What are Open Market Operations? 8

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Banking 13: Open Market Operations Banking 13: Open Market Operations 9

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Open market operations and Quantitative Easing Overview Open market operations and Quantitative Easing Overview 10

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Quiz 12 - Chapter 15 - Requires Respondus Lockdown Browser Quiz 12 - Chapter 15 - Requires Respondus Lockdown Browser 20 11

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Section Four - Module 13: Government Budgets & Fiscal Policy. May 30 - June 3

Section Four - Module 13: Government Budgets & Fiscal Policy. May 30 - June 3 Section Four - Module 13: Government Budgets & Fiscal Policy. May 30 - June 3

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Homework #13: Chapter Seventeen and Related Video Lectures Homework #13: Chapter Seventeen and Related Video Lectures 35 1

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Monetary and Fiscal Policy: Crash Course Government and Politics #48 Monetary and Fiscal Policy: Crash Course Government and Politics #48 2

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Introduction to Fiscal Policy MRU Introduction to Fiscal Policy MRU 3

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The Limits of Fiscal Policy MRU The Limits of Fiscal Policy MRU 4

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Fiscal Policy and Stimulus: Crash Course Economics #8 Fiscal Policy and Stimulus: Crash Course Economics #8 5

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Macro: Unit 3.1 -- Types of Fiscal Policy Macro: Unit 3.1 -- Types of Fiscal Policy 6

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Deficits & Debts: Crash Course Economics #9 Deficits & Debts: Crash Course Economics #9 7

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Understanding the National Debt and Budget Deficit Understanding the National Debt and Budget Deficit 8

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Does U.S. debt matter? | CNBC Explains Does U.S. debt matter? | CNBC Explains 9

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What Would Happen If USA Stopped Paying Its Debt? What Would Happen If USA Stopped Paying Its Debt? 10

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Quiz

Quiz 13 - Chapter 17 - Requires Respondus Lockdown Browser Quiz 13 - Chapter 17 - Requires Respondus Lockdown Browser 20 11

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Section Four Module 14: The Impacts of Government Borrowing. June 4 - 7

Section Four Module 14: The Impacts of Government Borrowing. June 4 - 7 Section Four Module 14: The Impacts of Government Borrowing. June 4 - 7

Quiz

Homework #14: Chapter Eighteen and Related Video Lectures Homework #14: Chapter Eighteen and Related Video Lectures 35 3

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National savings and investment | Financial sector | AP Macroeconomics | Khan Academy National savings and investment | Financial sector | AP Macroeconomics | Khan Academy 4

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Loanable funds market | Financial sector | AP Macroeconomics | Khan Academy Loanable funds market | Financial sector | AP Macroeconomics | Khan Academy 5

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Macro: Unit 4.7 -- The Loanable Funds Market Macro: Unit 4.7 -- The Loanable Funds Market 6

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Crowding out | AP Macroeconomics | Khan Academy Crowding out | AP Macroeconomics | Khan Academy 7

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Quiz

Quiz 14 - Chapter 18 - Requires Respondus Lockdown Browser Quiz 14 - Chapter 18 - Requires Respondus Lockdown Browser 20 9

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Section Four - Examination 4. Available June 6 - Due by 10 @ Noon. Essay Paper

Section Four - Examination 4. Available June 6 - Due by 10 @ Noon. Essay Paper Section Four - Examination 4. Available June 6 - Due by 10 @ Noon. Essay Paper

Assignment

Examination #4 - Paper Examination #4 - Paper 75 1

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