AT Micro/Macro Economics

A Day Before Presenting Their Tax Cut Plan, Republicans Still Wrestle With Key Details https://www.nytimes.com/2017/10/31/us/republican-tax-cut-plan-house.html https://www.nytimes.com/2017/10/31/us/republican-tax-cut-plan-house.html

U.S. Economy Grew at 3% Rate in 3rd Quarter, Despite Storms https://www.nytimes.com/2017/10/27/business/economy/economy-quarter-gdp.html https://www.nytimes.com/2017/10/27/business/economy/economy-quarter-gdp.html

https://ted.com/talks/alexander_betts_why_brexit_happened_and_what_to_do_next?utm_source=tedcomshare&utm_medium=email&utm_campaign=tedspread--a

Possible Janus Questions for Quiz on Government’s role in the economy. 1. Clearly define consumer and producer surplus and then explain the burden of taxation and how it affects these surpluses. 2. Explain how the draft affects consumer and producer surplus. Who benefits and why?                              3. What is market failure? What is government failure? What are three ways to deal with market failure? Which is the best? Why?        4. What impact has Globalization had on the US economy?        5. Explain the awards card program that Steve Levitt described. What did Sears get right, what did they get wrong?

https://www.nytimes.com/2017/10/19/business/credit-cards-debt-banks.html

https://www.nytimes.com/2017/10/20/your-money/paying-for-college/college-costs-grassley-franken.html

A Stock Market Panic Like 1987 Could Happen Again https://www.nytimes.com/2017/10/19/business/stock-market-crash-1987.html

http://bigthink.com/insights-of-genius/rethinking-the-endowment-effect-how-ownership-effects-our-valuations

https://www.nytimes.com/2017/10/15/opinion/nafta-united-states-mexico.html

https://www.nytimes.com/2017/10/15/opinion/nafta-united-states-mexico.html

Possible Janus Questions for Quiz on Government’s role in the economy. 1. Clearly define consumer and producer surplus and then explain the burden of taxation and how it affects these surpluses. 2. Explain how the draft affects consumer and producer surplus. Who benefits and why?                              3. What is market failure? What is government failure? What are three ways to deal with market failure? Which is the best? Why?        4. What impact has Globalization had on the US economy?        5. Explain the awards card program that Steve Levitt described. What did Sears get right, what did they get wrong?

https://www.nytimes.com/2017/10/11/business/economy/nafta-trump.html

https://www.nytimes.com/2017/10/09/business/nobel-economics-richard-thaler.html

https://www.nytimes.com/2017/10/03/business/economy/tax-rates-growth.html