• Chapter 26: The Short-Run Keynesian Policy Model: Demand-Side PoliciesChapter 26: The Short-Run Keynesian Policy Model: Demand-Side Policies

    Chapter Goals Discuss the key insight of the AS/AD model and list both its assumptions and its components Describe the shape of the aggregate demand curve and what factors shift the curve Explain the shape of the short-run and long-run aggregate supply curves and what factors shift the curves Show the effects of shifts of the aggregate demand a...

    pptx17 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 684 | Lượt tải: 0

  • Chapter 25: Measuring the Aggregate EconomyChapter 25: Measuring the Aggregate Economy

    Chapter Goals Calculate GDP using the expenditures and value added approaches Calculate aggregate income and explain how it relates to aggregate production Distinguish real from nominal concepts Describe the limitations of using GDP and national income accounting

    pptx17 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 657 | Lượt tải: 0

  • Chapter 24: Economic Growth, Business Cycles, and Structural StagnationChapter 24: Economic Growth, Business Cycles, and Structural Stagnation

    Chapter Goals Discuss the history of macro, distinguishing Classical and Keynesian macroeconomists Define growth and discuss its recent history Distinguish a business cycle from structural stagnation Relate unemployment to business cycles and distinguish cyclical unemployment from structural unemployment

    pptx15 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 641 | Lượt tải: 0

  • Chapter 23: Microeconomic Policy, Economic Reasoning, and BeyondChapter 23: Microeconomic Policy, Economic Reasoning, and Beyond

    Chapter Goals List three reasons why economists sometimes differ and sometimes agree in their views on social policy Explain the cost/benefit approach the typical economist takes to analyze regulations Describe three types of failure of market outcomes Explain why most economists are doubtful government can correct failure of market outcomes

    pptx15 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 659 | Lượt tải: 0

  • Chapter 22: Behavioral Economics and Modern Economic PolicyChapter 22: Behavioral Economics and Modern Economic Policy

    Chapter Goals Explain the relationship between behavioral economic policy and mechanism design Define nudge and choice architecture and explain how they are related to behavioral economic policy Discuss the problems of implementing nudges and how the behavioral economic frame changes how policy is viewed Discuss the concerns many traditional ec...

    pptx14 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 694 | Lượt tải: 0

  • Chapter 21: Thinking Like a Modern EconomistChapter 21: Thinking Like a Modern Economist

    Chapter Goals Differentiate traditional economic building blocks from behavioral economic building blocks Explain what heuristic models are and how traditional and behavioral heuristic economic models differ Distinguish an empirical model from a formal model and list some formal models used by modern economists Discuss how modern economics and ...

    pptx17 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 683 | Lượt tải: 0

  • Chapter 20: Game Theory, Strategic Decision Making, and Behavioral EconomicsChapter 20: Game Theory, Strategic Decision Making, and Behavioral Economics

    Chapter Goals Explain what game theory is and give an example of a game and a solution to a game Explain strategic reasoning and backward induction used in solving games Distinguish how informal game theory differs from formal game theory Describe how the results of game theory experiments challenge some standard economic assumptions

    pptx17 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 657 | Lượt tải: 0

  • Chapter 19: The Logic of Individual Choice: The Foundation of Supply and DemandChapter 19: The Logic of Individual Choice: The Foundation of Supply and Demand

    Chapter Goals Discuss the principle of diminishing marginal utility and the principle of rational choice Explain the relationship between marginal utility and price when a consumer is maximizing total utility Summarize how the principle of rational choice accounts for the laws of demand and supply Name three assumptions of the theory of choice ...

    pptx17 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 756 | Lượt tải: 0

  • Chapter 18: Who Gets Whats? The Distribution of IncomeChapter 18: Who Gets Whats? The Distribution of Income

    Chapter Goals Explain how income, wealth, and poverty are measured, and how their real-world measures changed over time Summarize the socioeconomic tensions that high income and wealth inequalities can cause Explain why there are so many philosophical debates about equality and fairness, and summarize some of them Discuss the practical and theo...

    pptx17 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 697 | Lượt tải: 0

  • Chapter 17: Work and the Labor MarketChapter 17: Work and the Labor Market

    Chapter Goals Explain how the supply of labor is determined Explain how the demand for labor is determined Explain how wages are determined by both the supply and demand for labor in combination with social forces Contrast four types of discrimination that occur in labor markets Summarize the evolving labor laws and the implications of the lab...

    pptx17 trang | Chia sẻ: thanhlam12 | Ngày: 12/02/2019 | Lượt xem: 685 | Lượt tải: 0