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Transcript
Week 6 AP
Dates
Subject/Objectives
1. Analyze the importance of long-term economic growth
TUES.,
as a macroeconomic goal, how it is measured, and
2/10
the sources of economic growth.
2. Define and describe the phases of the business cycle.
3. Calculate per capita GDP, annual growth rates in real
GDP, annual growth rates in per capita real GDP, and
the number of years it takes to double real GDP when
given data. (Extension Activity)
4. Explain what causes economic growth and examine
how public policies such as taxes, subsidies and
regulations can impact growth.
Explain why a shift in the AD curve to the right is not what
we consider Economic Growth
Suggested lesson/Activities





Use the Morton handouts
on Growth
Use this example or
similar one to help
students understand what
Economic Growth is and
is not. If there is a
partially built Starbucks in
your neighborhood can
you order a double mocha
from the guy with the big
construction helmet on
and the tool belt…of
course they will say no.
Then explain that the act
of hiring people and
paying them to build it
stimulates Aggregate
Demand and shifts the
Aggregate Demand curve
but we will not have more
capacity and therefore
more potential output until
the new store is done.
When the store is we can
produce more and
therefore have had
economic growth.
Use the old AP FRQ
questions for Stand and
Deliver warm-up or
entrance ticket. Tell the
students to indicate on the
parts that call for an
explanation and then
describe a correct
explanation as you go
over them
Use next set of
Economics challenges to
add new knowledge and
build on existing
knowledge
Use Morton Questions for
Walk of Fame or entrance
Assessment



AP FRQ 1999 Question 3PPF-LRAS and Growth
AP FRQ 2002 Question 2Shits in LRAS and therefore
causes of increases or
decreases in Growth
AP FRQ 2005 Form B
Question 2-Labor Productivity
and impact on AS and Growth





THURS.
2/12
1. Analyze how to calculate the official unemployment
rate and other labor market indicators.
2. Evaluate the official unemployment rate as an
indicator of economic health, and describe alternative
unemployment measures economists use.
3. Identify and describe the types of unemployment.
4. Explain why unemployment exists at full employment.
5. Describe the economic and noneconomic costs of
unemployment, and explain the link between
unemployment and real GDP.
6. Categorize whether a person is unemployed,
employed, or not in the labor force, given data.
7. Categorize the types of unemployment a worker is
experiencing when given data.
8. Calculate unemployment rates and other labor market
indicators when given data.
9. Understand how fiscal and monetary policy are used
to correct for an actual unemployment rate above the
natural rate
10. Illustrate how fiscal and monetary policy impact AD,
output, employment and PL on an AD\AS diagram
11. Identify and illustrate the Phillips curve, the loanable
ticket activities
Continue to use
Amosweb.com, AP Macro
notes, ACDC videos, and
all the graphs you need to
know about Macro to
supplement instruction
Use the 2005 and 2009
Multiple Choice Interactive
Power Point Questions to
check for understanding
Use the AD\AS Power
Point in Drop Box slides 124 to explain AD, SRAS,
LRAS and economic
growth
Use slides 200-212 on
AD\AS Power Point for
competitive review, quiz,
etc.
Use Drop Box toolkit to
develop notes, quizzes,
handouts, and tests
tailored to your students
INSTRUCTIONAL STRATEGIES
 Use slides 34-37 in the
Massive Macro Cue card
for notes on
unemployment
 Use slides 2-5 in the
Formulas and Graphs
Power Point to show how
unemployment is
calculated
 Use CNN videos to show
clips on unemployment
and have the students
classify what types is
illustrated and draw
AD\AS curves showing
the impact
 Use Morton Activities to
distinguish the different
types of unemployment
 Use next set of
Economics Challenges to


AP FRQ 2006 Question 3Employed and Unemployed
AP FRQ 2005 Question 3
Unemployment/Inflation
tradeoff
funds diagram and the money market diagram
Calculate the economic costs of unemployment when
given data, use labor market and GDP data to determine
the phase of the business cycle, and illustrate GDP gaps
on PPFs.



*-IN FOLDER ON DESK
build on old knowledge
and incorporate new
Continue to use
Amosweb.com, AP Macro
notes, ACDC videos to
supplement instruction
Use the all the Graphs I
need to know for
Macroeconomics slides in
Drop Box to check for
understanding. One set
has the answers and the
other set can be projected
and used to chart
progress on drawing
graphs.
Start to use the FRQ
Power Point all the
questions from 19932010. You can have
students do parts of the
questions and then the
Power Point explains and
shows answers