Mark Service
 Business Studies

 

CIA4U
Class Date Topics Homework
1 Fri, 09 Sep 1) Definition of economics
2) Economic controversies discussion (learn and share)
3) Discussion - most important values for society
4) Positive vs. normative statements
5) Scarcity, choice and opportunity costs
6) Fundamental economic questions
7) Model economies worksheet
8) Factors of production		 Answer the following study guide problems:
     - 37U (p. 29), 38U and 40U (p. 30), 52U (p. 31)
2 Tue, 13 Sep 1) Take up the homework questions
2) Production possibilities curves
3) Group problem solving round robin:
          - 41U and 45U (p. 30), 46U, 47U, and 53U (p. 31)
4) Complete and correct the following study guide problems:
          - True & False #1-10 (p. 23)
          - Multiple Choice #11-35 (p. 23-25)		 Answer the following study guide problems:
     - 42U and 43U (p. 30), 48U-51U and 54U (p. 31)
3 Mon, 19 Sep 1) Review of production possibilities curves
2) Take up the homework questions
3) Definition of demand
4) Graphing demand
5) Definition of quantity demanded
6) Graphing quantity demanded
7) Law of demand
8) Reasons for downward sloping demand curve
9) Determinants of demand
10) Complete and correct the following AP exercises:
          - Activity 9: Demand curves, movements along
            demand curves and shifts in demand curves.
          - Activity 10: Reasons for changes in demand
          - Activity 11: Why is a demand curve downward sloping		 Read Chapter 2 (pages 32-59)
4 Wed, 21 Sep 1) Review demand concepts
2) Definition of supply
3) Graphing supply
4) Definition of quantity supplied
5) Graphing quantity supplied
6) Law of supply
7) Determinants of supply
8) Complete the following AP exercises:
          - Activity 12: Supply curves, movements along supply
            curves and shifts in supply curves
          - Activity 13: Reasons for changes in supply
9) Equilibrium
10) Shortages and surpluses
11) Shortage vs. scarcity
12) Price determination		 Complete the following AP exercises:
     - Activity 14: Equilibrium price & equilibrium quantity
     - Activity 15: Shifts in supply and demand
     - Activity 16: How markets allocate resources
5 Fri, 23 Sep 1) Take up the homework exercises
2) Complete and correct the following study guide problems:
          - True & False #1-10 (p. 62)
          - Multiple Choice #11-35 (p. 62-64)
3) Complete and correct the following study guide problems:
          - 41U-42U and 45U-46U (p. 69) and 47U (p. 70)
4) Simultaneous changes in supply and demand
5) Complete and correct the following study guide problem:
          - 41U (p. 109) and 46U (p. 110)
6) Start work on the simultaneous changes assignment		 1) Finish the simultaneous changes assignment
2) Read Chapter 3 (pages 83-93)
6 Tue, 27 Sep 1) Overview lesson on price controls
          - ceiling price
          - floor price
          - minimum wage
2) Complete and correct the following study guide problems:
          - 47U and 48U (p. 110)
3) Elaborations to supply and demand		 Answer the following study guide problems:
     - True & False #1-10 (p. 99)
     - Multiple Choice #11-35 (p. 99-102)
 
7 Thu, 29 Sep 1) Take up the homework questions
2) Complete and correct the following study guide problems:
          - 49U-54U (p. 111)
3) Definition of price elasticity of demand
          - inelastic, unitary elastic, elastic
4) Understanding price elasticity coefficients
5) Calculating price elasticity of demand
6) Determinants of price elasticity of demand
7) Price elasticity graphically
8) Price elasticity and total revenue
9) Complete and correct the following AP exercises:
          - Activity 17: Elasticity - An introduction
          - Activity 18: The determinants of elasticity		 1) Read Chapter 4 (pages 113-130)
2) Complete the following AP exercises:
     - Activity 19: Elasticity and total revenue
     - Activity 20: Applying elasticity to the real world
8 Mon, 03 Oct 1) Take up the homework Exercises
2) Complete and correct the following AP exercise:
          - Activity 21: Excise Taxes
3) Complete and correct the following study guide problems:
          - 37U, 41U, and 42U  (p. 148-149)		 1) Read Chapter 4 (pages 130-137)
2) Answer the following study guide problems:
  - 44U and 45U (p. 148-149)
9 Wed, 05 Oct 1) Elasticity of supply
          - determinants, calculations, applications
2) Income elasticity (definition and calculations)
3) Cross elasticity of demand (definition and calculations)
4) Complete and correct the following study guide problems:
          - True & False #1-10 (p. 140)
          - Multiple Choice #11-35 (p. 140-142)
5) Start work on the elasticity calculations assignment		 1) Finish Elasticity Calculations Worksheet for next day
2) Start to prepare for Micro Chapters 1-4 Unit Test
10 Tue, 11 Oct 1) Review of calculating and interpreting:
          - price elasticity of demand
          - elasticity of supply
          - income elasticity
          - cross elasticity of demand
2) Complete and correct the following study guide problems:
          - 46U-47U (p. 149), 48U and 50U-53U (p. 150-151)
3) Distribute and start working on Chapters 1-4 Practice Test		 Study for the Chapters 1-4 Unit Test
  Wed, 12 Oct
6:15-7:15 pm		 Extra help session to go over the Chapters 1-4 Practice Test
          - work in small groups		 Study for the Chapters 1-4 Unit Test
11 Thu, 13 Oct Chapters 1-4 Unit Test Read Chapter 5 (pages 153-171)
12 Mon, 17 Oct 1) Return and take up the Chapters 1-4 Unit Test
2) Definitions of margin(al) and utility
3) Law of diminishing marginal utility
          -  demonstration and definition
4) Optimal purchasing rule
          - examples and definition
5) Discussion - applications of marginal utility theory
6) Relationship between marginal utility and demand
7) Consumer surplus
8) Price discrimination		 Answer the following study guide problems:
  - True & False #1-10 (p. 174)
  - Multiple Choice #11-35 (p. 174-177)
 
13 Wed, 19 Oct 1) Take up the homework questions
2) Complete and correct the following study guide problems:
          - 45U-56U (p. 185-187)
2) Distribute copies of the Chapter 5 Practice Quiz		 1) Complete the Practice Quiz
2) Study for the Chapter 5 Unit Test
14 Fri, 21 Oct Chapter 5 Unit Test Read Chapter 6 (pages 199-207)
15 Tue, 25 Oct 1) Return and take up the Chapter 5 Unit Test
2) Explicit vs. implicit costs
          - complete & correct study guide problem 55U (p. 232)
4) Normal profit and economic profit
          - complete & correct study guide problem 40U (p. 229)
5) Sunk costs
6) Total, average, and marginal product
          - calculations and graphing
7) Division of labour
8) Law of diminishing returns - demonstration
9) Maximum productivity per worker
10) Point of maximum total product
11) Complete and correct the following self-test questions:
          - #3 and #4 (p. 207)		 Read Chapter 6 (pages 208-216)
16 Thu, 27 Oct 1) Marginal and variable costs (average and total)
          - calculations and graphing
2) Relationship between APL / MPL and MC / AVC
3) Fixed costs (average and total)
4) Complete and correct the following study guide problems:
          - 39U (p. 229) and 56U (p. 232)
5) Complete and correct the following self-test question:
          - #5 (p. 210)
6) Total costs and average total costs
          - calculations and graphing
7) Economic capacity and excess capacity
8) Complete and correct the following self-test questions:
          - #7 & #8 (page 217) 		 
17 Mon, 31 Oct 1) Review of APL, MPL, MC, AVC, and ATC
          - graphing and calculations
2) Small group collaboration: problem solving
          - 41U, 42U, and 45U (p. 229-230) 		1) Answer the following study guide problems:
  - True & False #1-10 (p. 220)
  - Multiple Choice #11-35 (p. 220-223)
18 Wed, 02 Nov 1) Take up the homework questions
2) Complete and correct the following study guide problems:
          - 46U and 53U (p. 230-232)		  
19 Fri, 04 Nov 1) Long run vs. short run
2) Long-run average cost curve
3) Economies of scale (technical vs. pecuniary)
4) Constant returns to scale
5) Diseconomies of scale
6) Changes in short- and long-run costs
7) The right size of firm
8) Minimum efficient scale		 1) Read Chapter 7 (pages 234-246)
20 Tue, 08 Nov 1) Long-run average cost curve
2) Economies of scale (technical vs. pecuniary)
3) Constant returns to scale
4) Diseconomies of scale
5) Changes in short- and long-run costs
6) The right size of firm
7) Minimum efficient scale
8) Discussion: does the size of a firm matter anymore?
9) Complete and correct the following study guide problems:
          - 44U-53U (p. 256-257)		 1) Answer the following study guide problems:
  - True & False #1-10 (p. 247-248)
  - Multiple Choice #11-35 (p. 248-250)
2) Study for the Chapters 6-7 Unit Test
21 Thu, 10 Nov 1) Review of short-run and long-run costs
2) Take up the homework questions
3) Distribute copies of the Chapters 6-7 Practice Test		 1) Complete the Chapters 6-7 Practice Test
2) Study for the Chapters 6-7 Unit Test
22 Wed, 16 Nov Take up the Chapters 6-7 Practice Test Study for the Chapters 6-7 Unit Test
23 Fri, 18 Nov Chapters 6-7 Unit Test Read Chapter 8 (pages 259-284)
24 Tue, 22 Nov 1) Return and take up the Chapters 6-7 Unit Test
2) Group collaboration: Spectrum of markets worksheet
3) What is perfect competition?
          - features
          - examples
          - perfect competition and the market system
4) Total, average, and marginal revenue
          - graphing and calculations
5) Marginal, average, and total profits
          - graphing and calculations
6) Price and output determination in perfect competition
          - break-even and profit maximizing outputs		 Read Chapter 8 (pages 259-284)
 
25 Thu, 24 Nov 1) Complete and correct the following self-test questions:
          - #3 - #5 (p. 273)1)
2) Review of perfect competition graphing and theory
3) Break-even price and shut-down price
          - numerically and graphically
          - decisions facing the firm		 Answer the following study guide problems:
     - True & False #1-10 (p. 287)
     - Multiple Choice #11-35 (p. 287-289) 
 
26 Mon, 28 Nov 1) Take up the homework questions
2) Complete and correct the following study guide problems:
          - Problems 37U-41U (p. 297-298)		 Answer the following Study Guide problems:
  - 42U and 45U-48U (p. 298-299)
27 Wed, 30 Nov 1) Take up the homework questions

3) Distribute copies of the Chapter 8 Practice Test		 1) Answer the following study guide problems:
  - 52U-54U (p. 300)
2) Study for the Chapter 8 Unit Test
28 Fri, 02 Dec Complete and correct the Chapter 8 Practice Test Study for the Chapter 8 Unit Test
29 Tue, 06 Dec Chapter 8 Unit Test Read Chapter 10 (pages 336-345)
30 Thu, 08 Dec Exam Review
1) Chapter 1: Problems 45A-52A (pages 28-29)
2) Chapter 2: Problems 45A-52A (pages 66-67)		 Complete the Chapters 1-2 Problem Sets
31 Mon, 12 Dec Exam Review
1) Chapter 3: Problems 46A-54A (pages 106-108)
2) Chapter 4: Problems 46A-56A (pages 145-147)		 Complete the Chapters 3-4 Problem Sets
32 Wed, 14 Dec Exam Review
1) Chapter 5: Problems 45A-58A (pages 179-183)
2) Chapter 6: Problems 45A-55A (pages 225-227)		 1) Complete the Chapters 5-6 Problem Sets
2) Study for the Microeconomics Summative Exam
33 Fri, 16 Dec Exam Review
1) Chapter 7: Problems 44A-52A (pages 253-254)
2) Chapter 8: Problems 45A-56A (pages 293-295)		 1) Complete the Chapters 5-6 Problem Sets
2) Study for the Microeconomics Summative Exam
34 Tue, 20 Dec Microeconomics Summative Exam  
35 Tue, 10 Jan 1) Exam viewing opportunity
2) Circular flow of income
        - financial flows vs. flows of factor services
        - flow of income vs. stock of money
        - closed-private, open-private, & open-private with public
3) Equilibrium and the level of national income
4) Start work on the following study guide problems:
        - 36U-37U, 40U-43U, and 46U-47U (p. 118-120) 		1) Finish the study guide problems for next class
2) Read Macro Chapter 3 (pages 89-107) 
36 Thu, 12 Jan 1) Take up the homework questions
2) Measuring National Income
          - expenditure method vs. income method
          - reconciling GNP and National Income
3) Complete and correct the following Study Guide problems:
          - 45U, 49U (p. 120)
4) Problems in Measuring GDP		 Answer the following Study Guide problems:
  - 44U, 48U, 54U (p. 120-121)
37 Mon, 16 Jan 1) Take up homework questions
3) Complete & submit Framework Calculations Assignment
2) Class time provided to start on the following Study Guide
     problems that are due for next day:
          - True & False #1-10 (p. 111)
          - Multiple Choice #11-35 (p. 112-114)		 1) Answer the following Study Guide problems:
  - 51U-53U and 55U-57U (p. 121)
  - finish the T&F and MC questions assigned in class
 
38 Wed, 18 Jan 1) Use the text book website to check homework answers
2) Class time to read Chpt. 4: Economic Growth (p.123-129)
          - measuring growth (formulas)
          - price indexes
          - GDP deflator
          - Growth and economic welfare
3) Complete and check your answers on the text book
     website for the following Study Guide problems:
          - 37A, 41A and 47A (p. 154-155)		 Read Macro Chapter 4 (p. 129-138)
39 Fri, 20 Jan 1) Unemployment
          - measuring unemployment (formulas)
          - frictional, structural, and cyclical unemployment
          - costs of unemployment (social costs & Okun's Law)
2) Complete and correct the following Study Guide problems:
          - 38U, 46U, 49U, 53U, 55U and 58U (p. 157-159)		 Read Macro Chapter 4 (p. 138-147)
40 Tue, 24 Jan 2) Inflation
          - measuring inflation (formulas)
          - measuring the past
          - the Rule of 70 (formula and application)
          - the costs of inflation
          - demand-pull vs. cost-push inflation
3) Complete and correct the following Study Guide problems:
          - 42U, 48U, 54U, and 56U (p. 158-159) 
4) Complete and correct the following Study Guide problems:
          - True & False #1-10 (p. 151)
          - Multiple Choice #11-35 (p. 151-153)		 Study for the Chapters 3-4 Unit Test
41 Thu, 26 Jan Complete and correct the Chapters 3-4 Practice Test Study for the Chapters 3-4 Unit Test
42 Tue, 31 Jan Chapters 3-4 Unit Test Read Macro Chapter 5 (p. 161-174)
43 Thu, 02 Feb 1) Return and take up the Chapters 3-4 Unit Test
2) Potential GDP
          - real wage vs. nominal wage
          - compare with production possibilities curve
          - sources of economic growth
          - economic growth and the business cycle
3) Aggregate supply
          - real wage vs. nominal wage
4) Aggregate demand
          - real-balances, interest-rate, and foreign trade effects
5) Macroeconomic equilibrium		 1) Answer Self-Test questions #4-5 (p.174)
2) Read Macro Chapter 5 (p. 175-184)

Check your answers for these questions on the text book website.
 
44 Mon, 06 Feb 1) Take up the homework questions
2) Review of aggregate demand/supply theory
3) Determinants of Real GDP and the price level
          - determinants of aggregate demand
          - determinants of aggregate supply
4) Complete and correct the following Self-Test questions:
          - #6 (p. 178), #7-8 (p. 180), and #9-10 (p. 183)		 1) Review notes for Aggregate Demand/Supply theory.
2) Read Chapter 5 (p. 184-189)
45 Wed, 08 Feb 1) Work in groups on the following Study Guide problems:
          - 39U-49U (p. 200-201)
2) We'll take up these questions as we go along
3) Start work on the following Study Guide problems:
          - True & False #1-8 (p. 193)
          - Multiple Choice #11-31, and 33-34 (p. 192-194)		 Finish the T&F and MC questions for homework.

Check your answers for these questions on the text book website.
46 Fri, 10 Feb 1) Review of aggregate demand/supply theory
2) Take up the homework questions
3) Complete and correct the following Study Guide problems:
          - 50U-58U (p. 200-202)		 Read Macro Chapter 6 (p. 204-211)
47 Tue, 14 Feb 1) Aggregate Expenditures
          - consumption, savings, and investment functions
          - marginal propensities to consume and save
2) Complete and correct Self-Test question #1 (p. 208)
3) Expenditures Equilibrium
          - marginal propensity to expend
          - marginal leakage rate
4) Complete and correct Self-Test questions #2-3 (p. 211) 		Read Macro Chapter 6 (p. 212-218)
48 Thu, 16 Feb 1) Review aggregate expenditures & expenditures equilibrium
2) The Multiplier
          - determinants of consumption
          - determinants of investment
          - the multiplier graphically
          - the multiplier derived
3) Complete and correct Self-Test questions #4-5 (p. 218)		 Read Macro Chapter 6 (p. 218-229)
 
49 Wed, 22 Feb 1) Review of the simple aggregate expenditure model
2) Adding to our expenditure model
          - the government sector (marginal tax rate)
 		 1) Read Macro Chapter 6 (p. 223-229)
2) Answer the following Self-Test questions:
          - #6 (p. 224), and #7-9 (p. 229)
3) Read Macro Chapter 6 (p. 229-233) 
50 Fri, 24 Feb 1) The complete aggregate expenditure model
          - the foreign sector (marginal propensity to import)
          - balance of trade - determinants of net exports
2) Take up the homework questions
3) Summing up
          - complete and correct Self-Test question #10 (p. 230)
4) T he Keynesian revolution
          - complete and correct Self-Test question #11 (p.231)
5) Deriving aggregate demand
          - complete and correct Self-Test question #12 (p. 233)		 Answer the following Study Guide problems:
  - True & False #1-10 (p. 236)
  - Multiple Choice #11-35 (p. 236-239)
51 Tue, 28 Feb 1) Take up the homework questions
2) Complete and correct the following Study Guide problems:
          - 36U (p. 244) and 55U (p. 248)		 1) Answer the following Study Guide problems:
  - 37U-45U (p. 245-246)
2) Study for the Chapters 5-6 Unit Test
52 Thu, 01 Mar 1) Take up the homework questions
2) Take up the Chapters 5-6 Practice Test		 Study for the Chapters 5-6 Unit Test
53 Mon, 05 Mar Chapters 5-6 Unit Test 1) Read Macro Chapter 7 (p. 250-265)
54 Wed, 07 Mar 1) Return and take up the Chapters 5-6 Unit Test
2) Go through a few sample Chpt. 7 Study Guide problems		  
55 Tue, 27 Mar 1) Returned and took up the Chapters 5-6 Unit Test
2) Discussed the summative project
          - details to be emailed to the class conference
3) Time provided to start reading Chapter 7 (p. 249-266)		 Finish reading Chapter 7 (p. 249-266)
56 Thu, 29 Mar 1) Functions and characteristics of money
2) Commodity money vs. fiat money
3) Fractional reserve banking
4) Definition of money (M1, M2, and M3)
          - what is not money?
5) Modern banks and the creation of money
6) Balance sheets (assets, liabilities, net worth)
7) Money multiplier (excess reserves vs. under-reserved)
          - a smaller money multiplier?
8) Complete and correct the following Study Guide problems:
          - 36U-44U (p. 274-276)		 Answer the following Study Guide problems:
  - True & False #1-10 (p. 268)
  - Multiple Choice #11-35 (p. 268-270)
57 Mon, 02 Apr 1) Take up the homework questions
2) Complete and correct the following Study Guide problems:
          - 45U-55U (p. 275-277)
3) Chapter 7 Quiz (30-40 minutes)		 Read Macro Chapter 8 (p. 279-287)
58 Wed, 04 Apr 1) The supply of money
2) The demand for money
3) Complete and correct Self-Test question #1 (p. 283)
4) Equilibrium in the money market
5) Complete and correct Self-Test question #2 (p. 287)		 Read Macro Chapter 8 (p. 288-293)
59 Tue, 10 Apr 1) Review of money demand, money supply and equilibrium
2) How changes in the money market affect the economy
3) The transmission process
4) The monetarist view
5) Complete and correct Self-Test questions #3-5 (p. 293)		 Answer the following Study Guide problems:
          - True & False #1-10 (p. 295)
          - Multiple Choice #11-35 (p. 295-298)
          - Problem 36U (p. 304-305)
60 Thu, 12 Apr 1) Take up the homework questions
2) Complete & correct the following Study Guide Problems:
          - 44U-57U (p. 306-309)		 1) Complete the Chapters 7-8 Practice Test
2) Study for the Chapters 7-8 Unit Test
  Sun, 15 Apr
7:30-8:30 pm		 1) Take up the Chapter 8 Practice Test
2) Q&A period for any topics covered in the chapter		 Study for the Chapter 8 Quiz
61 Mon, 16 Apr Chapter 8 Quiz (30-40 minutes)  
62 Wed, 18 Apr 1) Currency appreciation and depreciation
2) Complete and correct Self-Test question #1 (p. 351)
3) Flexible exchange rates
          - sources of demand for the Canadian dollar
          - sources of supply of Canadian dollars
          - equilibrium in foreign-exchange markets
4) Complete and correct the following Self-Test questions:
          - #2 (p. 355), and #3 (p. 358)
5) Changes in demand and supply
6) Complete and correct Self-Test questions #4-5 (p. 362)
7) Fixed exchange rates
          - result with an increase in demand for the dollar
          - result with a decrease in demand for the dollar
8) Managed (or dirty) float		 Read Macro Chapter 10 (p. 349-367)
63 Fri, 20 Apr 1) Review of sources of demand & supply of Cdn. currency
2) Lesson on flexible vs. fixed exchange rates
3) Lesson on managed (dirty float)
4) Complete and correct the following Study Guide problems:
          - 37U-41U and 43U-44U (p. 379-380)		 1) Answer the following Study Guide problems:
  - 45U and 47U-49U (p. 380-381)
2) Read Macro Chapter 10 (p. 367-369)
64 Tue, 24 Apr 1) Review of fixed exchange rates and related impact
2) Balance of payments
          - current account, capital account, official settlements
3) Complete and correct Self-Test question #7 (p. 370)
4) Complete and correct the following Study Guide problems:
          - 42U, 46U, 50U, and 55U (p. 380-381)		 Answer the following Study Guide problems:
  - True & False #1-10 (p. 372)
  - Multiple Choice #11-35 (p. 372-375)

Check your answers to these questions on the text book website.
65 Thu, 26 Apr 1) Take up the homework questions
2) Complete and correct the Chapter 10 Practice Test		 Study for the Chapter 10 Unit Test
66 Mon, 30 Apr Chapter 10 Unit Test Read Macro Chapter 11 (p. 383-388)
67 Wed, 02 May 1) Return and take up the Chapters 9-10 Unit Test
3) Fiscal policy and the budget
          - net tax revenues
          - surplus, and deficit vs. debt
          - changes in the economy and government revenues
          - graphing net tax revenues and the budget line
4) Complete and correct Self-Test questions #1-3 (p. 388)		 Read Macro Chapter 11 (p. 388-401)
68 Fri, 04 May 1) Counter-cyclical fiscal policy
          - criticisms of counter-cyclical fiscal policy
          - crowding-out effect (graphical analysis)
2) Complete and correct the following Self-Test questions:
          - #4 (p. 390), and #5 (p. 393)
3) Balanced-budget fiscal policy (automatic stabilizers)
          - criticisms of balanced-budget fiscal policy
          - arithmetic of a balanced budget
4) Complete and correct Self-Test questions #6-7 (p. 397)
5) Cyclically balanced budget fiscal policy
6) Complete and correct Self-Test questions #8 (p. 401)
7) Fiscal policy and the national debt
          - problems of national debt (fact or fantasy?)		 Answer the following Study Guide problems:
  - True & False #1-10 (p. 403-404)
  - Multiple Choice #11-35 (p. 404-406)

Check your answers for these questions on the text book website.
69 Tue, 08 May 1) Review of different approaches to fiscal policy
2) Take up homework questions
 		 No homework due to FOCUS
70 Thu, 10 May Complete and correct the following Study Guide problems:
          - 37U-56U (p.413-417)		 Read Macro Chapter 12 (p. 419-427)
71 Mon, 14 May 1) Functions of the Bank of Canada
2) Monetary policy tools (expansionary vs. contractionary)
          - open-market operations
          - setting the bank rate
          - switching government deposits
          - moral suasion
3) Three approaches to monetary policy
          - Keynesian monetary policy (goals & criticisms)
                    - the Phillips Curve
          - anti-inflationary monetary policy (goals & criticisms)
          - the monetarist school (philosophy & criticisms)
4) Beyond fiscal and monetary policy		 1) Read Macro Chapter 12 (p. 427-438)
2) Answer the following Study Guide problems:
  - True & False #1-10 (p. 440)
  - Multiple Choice #11-35 (p. 441-443)

Check your answers for these questions on the text book website.
72 Wed, 16 May 1) Take up the homework questions
2) Complete and correct the following Study Guide problems:
          - 36U-44U (p.448-449)		 Study for the Macroeconomics Summative Exam
73 Tue, 22 May 1) Review of different approaches to monetary policy
2) Take up the homework questions
3) Work in small groups to complete the following:
          - Study Guide problems 45U-54U (p. 450-451)
4) Distribute copies of the Chapters 11-12 Practice Test		 1) Complete the Chapters 11-12 Practice Test
2) Study for the Chapters 11-12 Unit Test
74 Thu, 24 May 1) Chapters 11-12 Unit Test - to be done for practice
2) We'll take up the exam together when finished.		  
75 Mon, 28 May   Study for the Macroeconomics Summative Exam
76 Wed, 30 May

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