Unit # 03
Macroeconomics


Section 1
Where is My Job: What is Wrong with the US Economy?

Students will understand the organization and role of business firms and analyze the various types of market structures in the United States economy

 

Concept Textbook Pages Internet Options
Vocabulary
words: aggregate, Gross Domestic Product, inflation, contraction, peak, expansion, and trough
Chapter 12 and 13 Quizlet - this is an online program that allows students to make flash cards.  You may select from any of the study and game options listed on the page.
Gross Domestic Product 306 - 314 Video - an overview of GDP (YouTube video)
Video - an overview of GDP (Same as above but saved on
             Econ Central)
Nominal vs. Real GDP 310 - 311 Video - an overview of Nominal vs. Real GDP (YouTube video)
Video - an overview of  Nominal vs. Real GDP (Same as above but saved on
             Econ Central)
Real GDP Presentation 310 - 311 A PowerPoint Presentation on GDP (There is some additional information in this presentation that we will not cover in class.)
Business Cycle 315 - 322 Video - an overview of The Business Cycle (YouTube video)
Video - an overview of  The Business Cycle (Same as above but saved on
             Econ Central)
Aggregate Supply and Demand 313 - 315 Video - an overview of Aggregate Supply and Demand (YouTube video)
Video - an overview of  Aggregate Supply and Demand (Same as above but saved on
             Econ Central)

AS-AD model practice Quiz 

Unemployment Defined 335 - 337 Video - a video that defines unemployment (YouTube video)
Video - a video that defines unemployment (Same as above but saved on
             Econ Central)
Types of Unemployment 335 - 340 Video - a video on the various types of unemployment (YouTube video)
Video - a video on the various types of unemployment (Same as above but saved on
             Econ Central)
Information about Unemployment 335 - 340 PowerPoint over unemployment
Activity over unemployment
On-line quiz over unemployment
What is inflation?