AP Macroeconomics: Spring Semester Spring Semester Home Learning Assignments with “due” dates. PAY SPECIAL ATTENTION TO ALL “KEY” GRAPHS IN ALL CHAPTERS! MEMORIZE THEM AND THEIR IMPORTANCE. I SUGGEST YOU READ EACH “CHAPTER SUMMARY” FIRST BEFORE BEGINNING THE CHAPTER. ___________________________________________________________ UNIT 1: MACROECONOMICS – National Income, Employment, and Fiscal Policy Chapter 7 – Measuring Domestic Output, National Income, and the Price Level: Read 116 - 132 Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on page 133. 2) Answer all “Key” questions on page 134-35. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 30 for this chapter 4) Answer online study guide questions from my web site for chapter 7. DUE: TEST ON CHAPTER 7: ___________________________________________________________ Chapter 8 – Introduction to Economic Growth and Instability: Read 136 – 155. Answers the following questions and place in your notebook by the due date listed: 1 1) Define all “TERMS AND CONCEPTS” listed on page 156. 2) Answer all “Key” questions on page 157. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 30 for this chapter 4) Answer online study guide questions from my web site for chapter 8. DUE: TEST ON CHAPTER 8: ___________________________________________________________ Chapter 9 – Building the Aggregate Expenditures Model: Read 159 – 177. Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on page 178. 2) Answer all “Key” questions on pages 179-80. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 25 for this chapter 4) Answer online study guide questions from my web site for chapter 9. DUE: TEST ON CHAPTER 9: __________________________________________________________ Chapter 10 – Aggregate Expenditures: The Multiplier, Net Exports and Government: Read 182 – 199. Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on page 200. 2) Answer all “Key” questions on page 200-02. 2 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 25 for this chapter 4) Answer online study guide questions from my web site for chapter 10. DUE: TEST ON CHAPTER :10 ___________________________________________________________ Chapter 11 – Aggregate Demand and Aggregate Supply: Read 203 - 220 Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on page 221. 2) Answer all “Key” questions on pages 222-23. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 30 for this chapter 4) Answer online study guide questions from my web site for chapter 11. DUE: TEST ON CHAPTER 11: ___________________________________________________________ Chapter 12 – Fiscal Policy: Read 224 – 230 (include Tax Progressivity) & pages 234-239 Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on page 240. 2) Answer “Key” questions 2, 3 on page 240-41. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 14 and 20 – 22 for this chapter. 3 4) Answer online study guide questions from my web site for chapter 12. DUE: TEST ON CHAPTER :12 ___________________________________________________________ UNIT 2: Money, Banking and Monetary Policy Chapter 13 – Money and Banking: Read 244 - 261 Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on page 262. 2) Answer all “Key” questions on page 263. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 25 for this chapter 4) Answer online study guide questions from my web site for chapter 13. DUE: TEST ON CHAPTER 13: ___________________________________________________________ Chapter 14 – How Banks and Thrifts Create Money: Read 265 – 266; 267 “required reserves & reserve ratio”; 276 – 279. Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on pages 280. 2) Answer “Key” questions 2, 4, & 13 on page 280-81. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 3; and 10 – 16 for this chapter 4) Answer online study guide questions from my web site for chapter 14. DUE: 4 TEST ON CHAPTER 14: ___________________________________________________________ Chapter 15 – Monetary Policy: Read 284 - 299 Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on page 302. 2) Answer all “Key” questions on pages 302-03. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 4 – 25 for this chapter 4) Answer online study guide questions from my web site for chapter 15. DUE: TEST ON CHAPTER 15: ___________________________________________________________ UNIT 3: Long Run Perspectives and Macroeconomic Debates Chapter 16 – Extending the Analysis of Aggregate Supply: Read 306 - 319 Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on page 320. 2) Answer all “Key” questions on page 321. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 25 for this chapter 4) Answer online study guide questions from my web site for chapter 16. DUE: TEST ON CHAPTER 16: ___________________________________________________________ Chapter 17 – Economic Growth and the New Economy 5 Economic growth is demonstrated by a shift in the long run AS Curve. ___________________________________________________________ Chapter 18 – Deficits, Surpluses, and the Public Debt What is the difference between a debt and a deficit? ___________________________________________________________ Chapter 19 – Disputes over Macro Theory and Policy: Read 355 – 369 A VERY IMPORTANT CHAPTER. YOU MUST BE ABLE TO EXPLAIN THE COMPARISONS AND CONTRASTS OF THIS CHAPTER GRAPHICALLY. DEFINITELY M/C AND PROBABLE FREE RESPONSE QUESTION OR TWO. Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on page 370. 2) Answer all “Key” questions on page 371. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 25 for this chapter 4) Answer online study guide questions from my web site for chapter 19. DUE: TEST ON CHAPTER 19: ___________________________________________________________ UNIT 4: International Trade and World Economy THESE LAST TWO CHAPTERS ARE VERY IMPORTANT AND WILL BE PART OF THE FREE RESPONSE ANALYSIS. Chapter 37 – International Trade: Read 730 – 748. 6 Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on page 749. 2) Answer all “Key” questions on page 749-50. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 25 for this chapter 4) Answer online study guide questions from my web site for chapter 37. DUE: TEST ON CHAPTER 37: ___________________________________________________________ Chapter 38 – Exchange Rates, the Balance of Payments, and Trade Deficits: Read 752 – 769 Answers the following questions and place in your notebook by the due date listed: 1) Define all “TERMS AND CONCEPTS” listed on page 770. 2) Answer all “Key” questions on page 771. 3) Answer McConnell Brue Study Guide Multiple Choice Questions 1 – 25 for this chapter 4) Answer online study guide questions from my web site for chapter 38. DUE: TEST ON CHAPTER 38: ___________________________________________________________ 7