| Steven M. Reff Economics Lecturer University of Arizona (2007 - 2016) The 2015 University of Arizona Five-Star Faculty Award Steven Reff's Resume |
Topic 2.1 The Circular Flow
| Day 1: Week 3 |
| Day 4: Week 3 |
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Unit 2: Basic Economic Concepts
• Topic 2.1 The Circular Flow and GDP
• Topic 2.2 Limitations of GDP
• Topic 2.3 Unemployment
• Topic 2.4 Price Indices and Inflation
• Topic 2.5 Costs of Inflation
• Topic 2.6 Real vs. Nominal GDP
• Topic 2.6 Business Cycles
• Topic 2.1 The Circular Flow and GDP
• Topic 2.2 Limitations of GDP
• Topic 2.3 Unemployment
• Topic 2.4 Price Indices and Inflation
• Topic 2.5 Costs of Inflation
• Topic 2.6 Real vs. Nominal GDP
• Topic 2.6 Business Cycles
| (12% – 17% of the exam) |
| 9 - 11 class periods |
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| Unit 2 Economics Indicators and Business Cycle |
| Week 3 |
Below are lessons for Unit 2: Topics 2.1 - 2.3 aligned to the AP® Macroeconomics CED.
You will have textbook readings, short videos with 3 multiple choice questions, workbook
assignments, multiple choice questions, "free" response questions and much more.
These resources can be displayed on the instructor's projection system inside the classroom,
or the instructor can copy the links and give to the students as homework.
Link to the AP® Macroeconomics CED (Course and Exam Description) to see in-depth
coverage on each of the topics listed below for Unit 2: Economic Indicators & Business Cycle
You will have textbook readings, short videos with 3 multiple choice questions, workbook
assignments, multiple choice questions, "free" response questions and much more.
These resources can be displayed on the instructor's projection system inside the classroom,
or the instructor can copy the links and give to the students as homework.
Link to the AP® Macroeconomics CED (Course and Exam Description) to see in-depth
coverage on each of the topics listed below for Unit 2: Economic Indicators & Business Cycle
| Principles of Macroeconomics |
| Day 3: Week 3 |
| Remember, you still have all of the resources and assessments that The College Board® provides for you and your students. |
| eVideos -- Short Videos: |
| eWorkbook Activities Interactive: |
| eTextbook Reading: |
| (3 min. or less, along with 3 multiple choice questions) |
Topic 2.2 GDP and Limitations of GDP
| Day 2: Week 3 |
| eVideos -- Short Videos: |
| eWorkbook Activities Interactive: |
| eTextbook Reading: |
| TEST YOURSELF 2.2: |
| (3 min. or less, along with 3 multiple choice questions) |
| eVideos -- Short Videos: |
| eWorkbook Activities Interactive: |
| eTextbook Reading: |
| (3 min. or less, along with 3 multiple choice questions) |
| TEST YOURSELF 2.4: |
Topic 2.3 Unemployment
Topic 2.4 Price Indices and Inflation
Topic 2.5 Cost of Inflation
Topic 2.5 Cost of Inflation
| eVideos -- Short Videos: |
| eWorkbook Activities Interactive: |
| eTextbook Reading: |
| (3 min. or less, along with 3 multiple choice questions) |
| TEST YOURSELF 2.3: |
| Day 5: Week 3 |
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Two Day Lesson