Objectives: by the end of this unit, students will…

Slides:

Advertisements

Similar presentations

Economic Systems Benchmark: Compare how different economic systems answer the fundamental economic questions of what goods and services to produce, how.

Advertisements

Competency 5 QUIZ Consider your economics objectives as you answer these questions. Treat this like a test Annotate questions and charts. Eliminate wrong.

The Economy of the United States, Economic Indicators, Government Regulation, and International Trade.

Chapter 4 global analysis Section 4.1 International Trade Section 4.2

The Federal Government Taxes, Spending, and National Debt.

Essential Standard1.00 Understand the role of business in the global economy. 1.

Economic Policy. ECONOMIC POLICY President & Congress held responsible for economic “health” of nation Policy involves improving overall economic health.

Economics Review.

Think of a time when a sense of competition made you perform better. Write 3-4 sentences about it.

 Economics – explains the choices we make and how those choices change as we cope with scarcity  Scarcity – the idea that there is a short supply or.

NAFTA North American Free Trade Agreement.

Macroeconomic Regulation

The Economy of the United States Economic Indicators Government Regulation International Trade.

Federal Reserve Economic Systems Economic Terms Trade $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300 $400.

Economic Policy by Jared, Chris, and Andreas. Wal-Mart ●Inflation: Increases the prices of its goods over time.

Chapter Fifteen. Economic Policy What do we mean when we say “economy”? What type of economic system do we have? What theories are there about the economy.

GLOBAL ECONOMICS Bell Work: Why do countries trade with each other?

LA Comprehensive Curriculum Free Enterprise Guiding Questions.

The Federal Reserve System Chapter 15. Goals & Objectives 1.Structure of the Federal Reserve. 2.Regulatory responsibilities of the Fed. 3.Fractional Reserves.

FA32 GLOBAL TRADE AND REGULATIONS. GLOBALIZATION The flow of goods, services, money, labor, technology across international borders.

Economic Policy Mr. Stroman AP Government. Economic Theory “It’s the economy, stupid!” 3 main types of economies: Capitalist economy – Means of production.

The Economy of the United States, Economic Indicators, Government Regulation, and International Trade.

Vocabulary Economic Basics Economic Systems Money and Banks

©2013 Cengage Learning. All Rights Reserved. Business Management, 13e Legal Aspects of Business Regulations Maintaining Competition Regulations.

7 th Grade Civics Miss Smith *pgs (21.4).

Government and the U.S. Economy. Consumer (you) pay taxes.. What do you get out of these?

UNIT 7 REVIEW. Mixed ◦ The US is best described as what type of economy?

Chapter 16: Government and the Economy. Why Is Government Involved in the Economy? We continue to debate the proper role of the government in dealing.

Economics Review for Test. Be able to define the following terms: Surplus Shortage Inflation Deflation Recession Depression Fiscal Monetary Trade Deficit.

Economics Goals Textbook reference Unit 6 (Ch. 17 – 21)

For use with Keeping the Republic. Copyright © 2006 by CQ Press. Economic Policy Chapter 18.

UNIT 7 REVIEW GAME International Trade Basics Free Trade & Protectionism Globalization Issues The United Nations & Internationalism

C HAPTER 2 Economics and the Global Economy. D O N OW : Why do you need to be concerned about the views of those running for government offices? What.

1. The government fulfills many roles and performs many activities in business. 2.

Government's Role in Business.

Final Dodgerdy. Round 1: The Basics 1.What are the four factors of production Human Resources, Natural Resources, Capital Resources, entrepreneurship.

Test VI Chapter 15. Federal Reserve Banking System The FED was created in response to the Panic of 1907, and fully empowered after the Great depression.

What is a sin tax? What is its purpose and function as a government restriction on the use of individual property? A sin tax is a relatively high tax.

The role of government in the United States economy

The Government and the Economy

Economics and the Global Economy

Textbook reference Unit 6 (Ch. 17 – 21)

February 1, 2017 U.S. History Agenda: DO NOW: DBQ

Economics, Government, and You

Government's Role in Business.

Markets in the Global Economy

US Policy Domestic: internal issues – laws, government planning and actions Economic: money issues Foreign: dealing with other nations.

Global Trade and Regulations

January 31, 2018 U.S. History Agenda: DO NOW: DBQ

Eisenhower: Dynamic Conservatism

Fundamental Topics.

Supply/Demand, Markets and Trade

International Trade Ch. 16

Government and the Economy

ECONOMICS: September 6 Warm-up

Mercantilism Indicator 7-1.3

Global Trade and Regulations

What economic reforms occurred during the Progressive Era?

Basic economic systems Command economy Vs. Free Market Economy

Economics Chapter 7 Review.

Global Trade and Regulations

Economics Jeopardy!!!! The final is 109 multiple choice, drawing supply & demand graphs, & 1 essay on why nations are wealthy.

International Economics and Trade

Chapter 2 The Economics and the Global Economy

ECONOMICS: January 17 Warm-up

The Federal Government

Economics International Finance review

Objectives: by the end of this unit, students will…

North American Free Trade Agreement

Presentation transcript:

Objectives: by the end of this unit, students will… Summarize the role the federal government plays in economics today. Summarize how the Fed uses each of the following to regulate the economy: federal discount rate, federal reserve ratio requirement, open market operations, and federal funds rate. Summarize how and why quantitative easing is used today. Summarize the differences between a flat, proportional, progressive, and regressive tax and provide examples of each. State the purpose of each of the following: antitrust laws; regulatory agencies; Fair Labor Standards Act of 1938; patents; international trade. Explain the pro’s and con’s of a minimum wage. Summarize why international trade is a better alternative to producing all needed goods within a country using Absolute Advantage and Comparative Advantage. State the impact that tariffs and NAFTA have had on international trade. Summarize the importance of international trade to the US and WI economies. Define and explain trade surpluses and trade deficits. Compare and contrast the views of Keynes and Hayek; choose whose stance you agree with most and justify this choice using evidence and logic.