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)