Keynesian Economics

This lesson was done somewhat ad-hoc to replace Libya. 
Objective

• Explain the major ideas of Keynesian Economics
• Evaluate the pros and cons of deficit spending

Agenda

1. Canned Food Drive!
2. Current Events
1.  An interesting quote by Matt Taibi of Rolling Stone on the Presidential Election:  "What we Americans go through to pick a president is not only crazy and unnecessary but genuinely abusive. Hundreds of millions of dollars are spent in a craven, cynical effort to stir up hatred and anger on both sides. A decision that in reality takes one or two days of careful research to make is somehow stretched out into a process that involves two years of relentless, suffocating mind-warfare, an onslaught of toxic media messaging directed at liberals, conservatives and everyone in between that by Election Day makes every dinner conversation dangerous and literally divides families.”
2. CIA Response in Bengazi
3. Last Call on Warm-Ups!
4. Who wins the election - one last poll!
3. Inside Job (last 5 minutes)
4. Issue #13: Economic Policy and the National Debt
1. Business Cycle
2. Monetary Policy
3. Fiscal Policy
4. Keynes
5. Deficit Spending
6. Multiplier Effect
7. Objections!
5. Coming Up...
1. Debate Presentations Begin 11/8  11/12