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UNIT 6: FISCAL AND MONETARY POLICY

UNIT 6: FISCAL AND MONETARY POLICY. Government’s Role in the Economy. WHAT WE WILL EXPLORE………. Explain how government uses fiscal policy to promote price stability, full employment and economic growth. Define fiscal policy. Explain the government’s taxing and spending decisions. STANDARDS.

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UNIT 6: FISCAL AND MONETARY POLICY

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  1. UNIT 6: FISCAL AND MONETARY POLICY Government’s Role in the Economy

  2. WHAT WE WILL EXPLORE………

  3. Explain how government uses fiscal policy to promote price stability, full employment and economic growth. • Define fiscal policy. • Explain the government’s taxing and spending decisions STANDARDS

  4. Explain the role and functions of the Federal Reserve System. • Describe the organization of the Federal Reserve System. Define monetary policy. Describe how the Federal Resrve uses the tools of monetary policy to promote price stability, full employment and economic growth. STANDARDS continued

  5. Monday:Introduction/discussion of fiscal and monetary policy; take Pretest mna-6151. Begin Guided Reading HW, Unit 6, Ch. 14-16. • Tuesday: Fiscal Policy—how taxing and spending policies promote price stability, full employment and economic growth. Classwork. Complete Guided Reading HW Ch. 15 for Wednesday class discussion. • Wednesday: Monetary Policy…how the Fed tightens and loosens the money supply and what affect these have on economic growth. Federal Reserve organization classwork. Complete Guided Reading HW, Ch. 16 for Thursday class discussion. • Thursday: National debt and budget deficits class work. HW graded. • Friday: Review for test. • Article Summary due today or any day before Friday this week. • Monday: Take test, Unit 6 Gov’t and the Economy, and Post-test on phschool.com. Weekly Schedule w/ Assignments

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