Macroeconomic Policy

We have learned about the major economic indicators (Click through for a review)...please spend no more than 10 to 15 minutes on this section!!! You have more to do in the next section of your Quest!

Unemployment:

1. Unemployment... Review from the Atlanta Federal Reserve

                                                                                          Inflation... from the Atlanta Federal Reserve

                                                                                             

GDP Review from the Atlanta Fed

Just as a doctor checks your vitals (temperature, blood pressure, etc), economists look at the major economic indicators to check the �well being� of our economy. You have also learned, through the study of the business cycle, that economic ups and downs are an inevitable part of our economy.  Because of these booms and busts, the government may intervene through the use of fiscal and monetary policy.

Now it's time to put that new knowledge into action!  Let's go fix something...

Your work will cover the following Georgia Economic Standards:

• SSEMA1: The student will illustrate the means by which economic activity is measured.
• SSEMA2: The student will explain the role and functions of the Federal Reserve System.
• SSEMA3: The student will explain how the government uses fiscal policy to promote price stability, full employment, and economic growth.