Teacher: R Crawford
Lesson: APE 8.2
Textbook: Article on Joseph Schumpeter
Material: Chapter 13 Powerpoint
Activity 23 Worksheet
Activity 24 Worsheet
Exercise 25
Objectives: Students should graph shifts in the AD/AS curves based on changed in determinants and explain the resulting changes in equilibrium
Concepts: classical theory
long run aggregate supply
Says Law
demand-pull inflation
cost-push inflation
stagflation
Activities:
  1. Open with powerpoint animation of AD/AS
  2. Pass out Worksheets
  3. Paired work on Activity 23, and activity 24
  4. Individual work on Exercise 25, then class discussion
Assessment Activity: Individual assessments on worksheet activities