Ap Macroeconomics Balance Of Payments Quiz

AP Economics: FALL 2019

Balance of payments equilibrium. In a floating exchange rate the supply of currency will always equal the demand for currency, and the balance of payments is zero. Therefore if there is a deficit on the current account there will be a surplus on the financial/capital account.

Due: Jan. 10, 13 (Reading 1: Due when you come to class on the 2nd day of class..Jan. 10th)

Reading:

· Economics Terms and Concepts (Part 1)

Assigned (not due until test day):

1. News Article (Handout #1)

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Due: Jan. 14, 15

Reading:

· Economics Terms and Concepts (Part2)

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Due: Jan. 16, 17

Reading:

· Economics Terms and Concepts (Part 3)

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Due: Jan. 21, 22

Reading:

· Module 3 (Opportunity Cost and the Production Possibility Curve)

Assigned (not due until test day):

1. Mastering Opportunity Cost

2. Opportunity Cost Applications

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Due: Jan. 23,24

Reading:

· Module 4 (Trade)

Assigned (not due until test day):

1. Warm-Up: The Basis of Trade

2. KGF: Comparative Advantage - The Basis of Trade

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Due: Jan. 27, 28

Reading:

· Module 5 (Demand)

Assigned (not due until test day):

1. KGF: An Introduction to Markets (Demand)

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Due: Jan. 29, 30

Reading:

· Module 6 (Supply)

Assigned (not due until test day):

1. KGF: Manipulating Markets (Level 2)

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Due: Jan. 31, Feb. 3

Reading:

· Module 7

Assigned (not due until test day):

1. KGF: An Introduction to Currency Exchange Markets

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Due: Feb. 4, 5

Test 1

Due:

- All reading guides (8 total)

- All assignments (see above)

- All quiz make-ups and re-dos

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Due: Feb. 6, 7

Reading:

· Module 10 (The Circular Flow)

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Due: Feb. 10, 11

TEST!!!! Yes, we will have a test on this day. A test on the Circular Flow Model.

Reading:

· Module 11 (Real versus Nominal numbers)

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Due: Feb. 12, 13

Reading:

· Module 12 (Unemployment)

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Due: Feb. 14, 19

Reading:

· Module 13 (The Natural Rate of Unemployment)

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Due: Feb. 20, 21

Reading:

· Module 14 (The Inflation Rate)

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Due: Feb. 24, 25

Reading:

· Module 15 (The Price Index and Aggregate Price Levels)

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Due: Feb. 26, 27

Test 2

Due:

- All reading guides

- All assignments

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- All quiz make-ups and re-dos

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Due: Feb. 28, March 2

Reading:

· Module 16 (Income and Expenditures)

STOP on page 166 (at Investment Spending)

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Due: March 3, 4

Reading:

· Module 16 (Income and Expenditures)

From Investment Spending (p 166) to the end of the Module

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Due: March 5, 6

Reading:

· Module 17 (Aggregate Demand: Introduction and Determinants)

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Due: March 9, 10

Reading:

· Module 18 (Aggregate Supply: Introduction and Determinants)

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Due: March 11, 12

Reading:

· Module 19 (Equilibrium in the Aggregate Demand-Aggregate Supply Model)

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Due: March 13, 23

Reading:

· Module 20 (Economic Policy and the Aggregate Demand-Aggregate Supply Model)

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Due: March 24, 25

Reading:

· Module 21 (Fiscal Policy and the Multiplier Effects)

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Due: March 26, 27

Test 3

Due:

- All reading guides

- All assignments

- All quiz make-ups and re-dos

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Due: March 30, 31

Reading:

· Module 23 AND

· Module 24 (Aggregate Supply: Introduction and Determinants)

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Due: April 1, 2

Reading:

· Module 25 (Banking and Money Creation)

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Due: April 3, 6

Reading:

· Module 27 (The Federal Reserve System: Monetary Policy)

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Due: April 7, 8

Reading:

· Module 28 (The Money Market)

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Due: April 9, 13

Reading:

· Module 31 (Monetary Policy and the Interest Rate)

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Due: April 14, 15

Reading:

· Module 32 (Money, Output, and Prices in the Long Run) AND

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Due: April 16, 17

Reading:

· Module 33 (Types of Inflation, Disinflation, and Deflation)

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Due:April 20, 21

Test 4

Due:

- All reading guides

- All assignments

- All quiz make-ups and re-dos

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Due: April 22, 23

Reading:

· Module 34 (Inflation and Unemployment: The Phillips Curve)

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Due: April 24, 27

Reading:

· Module 35 (History and Alternative Views of Macroeconomics)

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Due: April 28, 29

Reading:

· Module 37 (Long-Run Economic Growth) AND..

· Module 40 (Economic Growth and Macroeconomic Models)

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Due: April 30, May 1

Reading:

· Module 41 (Capital Flows and the Balance of Payments)

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Due: May 4, 5

Reading:

· Module 42 (The Foreign Exchange Market)

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AP Macroeconomics Exam Date: May 14th (Afternoon)