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Economic Policy Flipped Classroom Lecture

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Susan Milne

on 31 May 2013

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Transcript of Economic Policy Flipped Classroom Lecture

Economic Policy Sources
Meltzer, Tom, and Paul Levy. "Public Policy." In Cracking the AP U.S. Government & Politics Exam, 117-30. 2012 ed. New York: Random House, 2011.
O'Connor, Karen, Larry J. Sabato, and Alixandra B. Yanus. "Chapter 17: Domestic Policy." In American Government: Roots and Reform, 536-43. New York: Pearson Longman, 2011.
Woods, Ethel. "TABLE OF CONTENTS." TABLE OF CONTENTS. 2001. Accessed April 19, 2013. http://phs.prs.k12.nj.us/ewood/amergov/USGov5th/contents.htm. budgeting of public funds
can be divided into 2 parts:
> Fiscal & Monetary
Economic Policy through History
> 18th and 19th Century -
> The Depression - Keynesian
> Presently - Combination Economic Policy Fiscal Year: Oct.1 to Sept. 30
Where does the money come
> Taxes
> Borrowing
Where does the money go?
> Mandatory Spending
- Entitlement Programs
- National Debt
> Discretionary Spending
- Defense, Education, etc Fiscal Policy Controls the monetary supply
and regulates circulation
Deflation vs. Inflation
The Federal Reserve System
> Federal Reserve Board
> Federal Reserve Districts
> Role of Interest Rates Monetary Policy Budgeting
> President and Congress
> "Fiscal Cliff"
- failure to achieve budget
- Stop/Gap Bills
- Political Divisiveness Controversy
Full transcript