G11 - Week 38 - Day 3

Finished at home

1. Calculating the Effects of a Protectionist Tariff (HL Only)

In-class work

1. Any questions? Confusions? Frustrations?
2. Learning objectives
3. Practice questions?

Good reads

1. Advice for Young Economists
2. The Trump administration's misguided focus on trade barriers
3. Will anti-free market conservatism prove electorally successful?, by Alberto Mingardi
4. Are higher inflation rates inherently less stable?

For next class

1. Who will REALLY pay for Trump's Border Wall?
2. How would Trump's Import Tax Affect Inequality in America?

G11 - Week 38 - Day 2

Finished at home

1. Protectionist Quotas
2. Protectionist Subsidies and Evaluating Protectionism

In-class work

1. Any questions? Confusions? Frustrations?
2. Learning objectives
3. Practice questions?

Good reads

1. The Nightmare in Your Future, by David Henderson
2. Joseph Schumpeter on the Decline of Applebee's, by David Henderson
3. “Public Schooling” Is a Myth
4. Trade Deficit or Stuff Surplus?, by David Henderson
5. The Samuelson Story
6. Adaptive practice, personalized learning, and what will "obviously" work in education.
7. The ongoing eurozone recovery
8. Could austerity’s impact be persistent

For next class

1. Calculating the Effects of a Protectionist Tariff (HL Only)

G11 - Week 38 - Day 1

At-home work

1. The Gains from International Trade in the Demand and Supply model
2. Protectionist Tariffs

In-class work

1. Any questions? Confusions? Frustrations?
2. Learning objectives
3. Practice questions?

Good reads

1. The most important truth about hard work, and also reading, that you can find
2. The Swiss Phillips curve, 1916-2015
3. The make-or-buy decision with respect to human capital
4. On Taxes and Deficits
5. Trump and the collapse of America’s global role (POTMR)
6. Should-Read: Equitable Growth : Equitable Growth’s Jobs Day Graphs: May 2017 Report Edition | Equitable Growth : "The u...
7. Unhinged Nation Watch
8. No workers = no growth
9. The economic consequences of family policies

For next class

1. Protectionist Quotas
2. Protectionist Subsidies and Evaluating Protectionism

G11 - Week 37 - Day 2

Should income taxes be higher?
Should sales tax be higher?
Should all education be free?
Should all healthcare be free?
Should we have a carbon tax?
Should we subsidize sustainable energy?
Should all governments be gender balanced?
Should there be an estate tax?
Should all companies be employee owned?
Should there be open borders?
Should we have 100% free trade?
How do we make society better?

At-home videos

1. Determining Absolute and Comparative Advantage
2. The Gains from International Trade in the PPC Model 

In-class work

1. Any questions from the videos?
2. Exercise 1 (HL Only)
3. Exercise 2 (Everyone)
4. Practice questions 1-3 (p. 430)