These Economics W.I.R.E.D. activities recommend web links that relate to key concepts of each chapter of the textbook. For each link, there are instructions to guide you to specific information, followed by several discussion questions or exercises.
Key Concepts: Real
GDP over Time, Unemployment, Inflation, and Interest Rates, Macroeconomic
Theory and Policy
Legal Information Institute—The Full Employment and Balanced Growth
Read Section 3101: Congressional Findings of the Full Employment and Balanced
Growth Act of 1978 in the lower frame of your screen.
- What economic goals are established
by the U.S. Congress as national priorities?
- What combination, if any, of
macroeconomic policies (e.g. Keynesian, Monetarist, and Classical) is recommended
by the Full Employment and Balanced Growth Act for achieving its goals?
- Access the 107th Congress Economic
Report of the President (January 2001). Review the "Making of the New
Economy" chart in Chapter One (page 16 of 392). Assess the overall economic
performance of the United States over the past few years.