Steven M. Reff
Economics Lecturer
University of Arizona
(2007 - 2016)
The 2015 University of Arizona
Five-Star Faculty Award

Steven Reff's Resume
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Unit 3:  National Income and P Determination

• Topic 3.1   Aggregate Demand (AD)
• Topic 3.2   Multipliers
• Topic 3.3   Short-Run Aggregate Supply (SRAS)
• Topic 3.4   Long-Run Aggregate Supply (LRAS)
• Topic 3.5   Equilibrium in the ASAD or ADAS Model
• Topic 3.6   Changes in the ASAD or ADAS Model Short Run
• Topic 3.7   Long-Run Self Adjustments
• Topic 3.8   Fiscal Policy
(17% – 27% of the exam)
10 - 12 class periods
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Unit 3
National Income and Price Determination
Week 6
Below are lessons for Unit 3: Topics 3.6 - 3.8  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 3:  National Income and Price
Discrimination.
Principles of Macroeconomics
Remember, you still have all of the resources and
assessments that The College Board
® provides for you
and your students.
Topic 3.1 - 3.7   REVIEW Topics 3.1 - 3.7
Day 2:  Week 6
TEST YOURSELF 3.1 - 3.5:
Reffonomics Baseball Rules
Day 4:  Week 6
Fiscal Policy, Part I:  Debt and Deficit
Automatic Stabilizers
Fiscal Policy, Part II:  Federal Budget
Fiscal Policy, Part III:  Using Fiscal Policy to Close Recessionary
and Inflationary Gaps
Congress and the President
Debt and Deficit
Federal Budget
eVideos -- Short Videos:
eWorkbook Activities Interactive:
eTextbook Reading:
(3 min. or less, along with 3 multiple choice questions)
Reffonomics Baseball:  ASAD and the Multiplier
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Day 1:  Week 6
Topic 3.6  Changes in the ASAD or ADAS Model Short Run
eVideos -- Short Videos:
eWorkbook Activities Interactive:
eTextbook Reading:
(3 min. or less, along with 3 multiple choice questions)
Long-Run Self-Adjustment (Flexible vs. Sticky Wages and Prices)
ASAD Graphing Activity (Combination of AD, SRAS, and LRAS )
Changes on the ASAD Model along with Short-Run and Long-Run Adjustments
Recessionary and Inflationary Gap
Recessionary and Inflationary Gaps back to Full Employment with AD
Recessionary and Inflationary Gaps back to Full Employment with SRAS
Equilibrium in the ASAD Model (ASAD)
LRAS shift graph to use inside your classroom
LRAS, SRAS, and AD Graph AND the PPC to use inside your classroom
FRQ 2022, Set 2 #2 Scoring Guidelines (rubric)
News Article:  ASAD and Real GDP
FRQ 2022, Set 2 #2 Real GDP, Real GDP per Capita, PPC
eGraphs (Moveable and Drawable for the Classroom)
Topic 3.1 - 3.7   REVIEW Topics 3.1 - 3.7
Day 3:  Week 6
TEST YOURSELF 3.1 - 3.7:
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eVideos -- Short Videos:
eWorkbook Activities Interactive:
eTextbook Reading:
(3 min. or less, along with 3 multiple choice questions)
Contractionary Fiscal Policy to Correct a Positive Output Gap
Tools of Fiscal Policy (Government Spending)
Tools of Fiscal Policy (Business Taxes)
Tools of Fiscal Policy (Personal Income Taxes)
Recessionary (Output) and Inflationary Gaps
Expansionary Fiscal Policy to Correct a Negative Output Gap
Automatic Stabilizers (Fiscal Policy)
U.S. Debt Clock
Federal Budget:  The Fiscal Ship Game
Fiscal Policy (Government Spending and Personal Income Taxes)
Fiscal Policy (Terms)
Fiscal Policy (Business Taxes and Business Subsidies)
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Topic 3.8   Fiscal Policy, Part I
Topic 3.7  Long-Run Self Adjustments
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Day 5:  Week 6
Topic 3.8   Fiscal Policy, Part II
NOTE:  This Topic Might Take 3 Days
NOTE:  Inside the link below, Classical and Keynesian Economics is not inside the CED