Chapter 17 homework assignment

For ch 17, ignore the problem in the book. Instead, go to the Econtalk blog and listen to this interview about the gold standard and the Great Depression.

After listening, briefly explain how the deflation discussed here relates to the Quantity Theory of Money, which is Money Supply X Velocity =Price level X Real GDP., or MxV=PxY.

Writing Assignment 2

Here is your second writing assignment:

Using what you have learned so far, particularly in the last couple chapters, analyze the validity of the following statement:

“War is good for the economy”.

About 2 pages. Think! Chapter 12 might be a place to start.

Due 10/26 for Tuesday and Wed. 10/27 for Mon Wed class.

Saving $ on Text Books

Check this NY Times story to for ways to save on text books.

Saving $ on Text Books

Test books prices are generally outrageous, which bothers me. I know that some students and parents of students read this, so you might want to check out this advice from the NY Times on how to save money.

Thursday, 7/15

Today we watched the excellent CNBC video "House of Cards", about the financial disaster. Read ch 15 and 16 for next week.

Also, if you are looking for extra credit, donating blood will get you 2 points. FRCC blood drive is on 7/19 and 7/26.