Friday, April 28th - Monday, May 1, 2006



Students shall be able to

  1. explain the aggregate demand - aggregate supply model.

  2. define inflation, deflation, and stagflation.

  3. identify problems associated with various phases of the business cycle.

  4. explain the rationale for laissez-faire.

  5. identify the beliefs of Joseph Schumpeter.

  6. identify the beliefs of John Maynard Keynes.

  7. apply Keynesian policy tools to given economic conditions.



  1. Students shall view "Economics USA: John Maynard Keynes" and answer questions.

  2. Students shall read "Keynesian Economics."

  3. Students shall complete the Keynesian Economics Puzzle.


  1. View "Economics USA: John Maynard Keynes" and answer questions. [Word file or PDF file]

  2. Read "Keynesian Economics." [Word file or PDF file]

  3. Complete the Keynesian Economics Puzzle. [Word file or PDF file]



Monitor and adjust as necessary. Check student work in the notebook.

TEKS involved: 2A, 2B, 2C, 4A, 5A, 5B, 7A, 10A, 10B, 12A, 12B, 15A, 15B, 16A, 16B, 17B, 17C, 19A, 19B, 19C, 20A, 20B, 21A, 21B, 23B, 23D, 23F, 24A, 24B, 24C, 24D