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Economics
1-Economics, Ch. 34: Jobs and Unemployment
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2-Economics, Ch. 35: Inflation, Deflation, and Macro Policy
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3- Week 5 Electronic Reserve Readings
Read the Week 5 Electronic Reserve Readings.
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4- Class, Explain how foreign exchange rates are determined. How do changes in interest rates, inflation, productivity, and income affect exchange rates? What are the advantages and disadvantages of a weak versus a strong dollar for imports, exports, international and domestic markets?
5- Class, Who benefits from a tariff or quota? Who loses? Why would domestic markets benefit from protectionist trade policies? How do protectionist trade policies affect a government’s wealth and fiscal policy?