Chapter 1 Economics Defined
A more concise
One-Page Chapter 1 Review
may help with exams.
short math review of basic dynamic for economics from R. L. Reynolds, Boise
Macro Review video 11 min is for those taking a comprehensive exam.
I. Basic Terms
Unit I. Review
Economics, Resources, Scarcity, Rational
or Political Economy is a battle between Positive Economics and Normative economics
which ends with economic policy.
political economy questions like those depicted here and by
Unit II. Review
Simplified generalizations represents real-world economic activity
United States Economic Goals
growth, Full employment of all
Justice Brandies' Gilded Age Observation
Is becoming a predominant 21st Century belief?
Economic Policies have improved TV's, made them a necessity, even on a phone. Is your watch next?
As a kid in the 1950's we didn't have a TV so I only saw one when I visited my cousin. Eventually my dad realized they wouldn't destroy education and we got a 12 inch set.
Macro and Micro are
Sources of Current Economic Information
|Macro Activity||Micro Activity||
Schools of Economic Thought
|2016 Economic Trends Cleveland FED|
|1. Inflation rate||1. A product's price||Econometricians||Economicpopulist.org/ Articles, Videos|
|2. Economic growth||2. Pollution||
Behavioral- Economics 3 min
Behavioral Economics? 4 min
Regional Economist and
FRED down load FED data St. Louis FED
|3. Total employment||3. Poverty||International Economics||Library of Economic Liberty Much Stuff|
|4. The business cycle||4. A competitive market||Labor Economics||Center for Economic and Policy Research|
|ACDC Introduction to Macro 1:38 Video||What is Microeconomics 1:54 Video||Public Economics||U.S. Political Economy one-page on varied topics|
|1 Wiki explanation is extensive, for now, the first few paragraphs are sufficient.||
2 Wiki explanation is extensive, for now, the first paragraph is sufficient.
|Financial Economics||textbooksfree.org/ much free stuff|
Unit 4 Review Macroeconomics: Employment, Growth, Inflation, Cycles, Microeconomics: A products price, pollution, poverty, market types,
V. Why Economist Disagree? 1 hour 8 minutes video
VI. Sundry Materials
A. Economics Glossary from Amosweb
B. Video Review 9.08 Video
C. Outside Reading
1. Is economics a science?
2. Economics is more like history than physics
3. Hopium economics
4. Can Economics Be Ethical?
D. The History of Economics 9 minute Video Adam Smith, David Ricardo,
John Stuart Mill, William Stanley Jevons, Alfred Marshall and
Lord John Maynard Keynes are considered.
E. The Assent of Money: A Financial History of World 4 hour Video
F. Economists Do It With Models is an interesting blog
G. Quick History of Economics
H. Building America's Democratic Federalist Republic
1. The Early Colonial Period
2. Determining Political Power and "We the People"
3. Increasing We" of "We the People"
4. Thomas Jefferson Leader of the Opposition
5. Constitutional History of Our Democratic Federalist Republic
6. Capitalistic Democracy Profitable Government
One page of basics. Our Democratic Federalist Capitalist Republic
Chapter 3 forCharacteristics of Market System Capitalism and Political Economy