. Prepare a PowerPoint (PPT) Presentation with at least 5-7 slides

o Slide 1: TOPIC and Group member names and student numbers
o Slide 2: Learning outcomes/objectives
o Slides 3-5: Content
o Slide 6: Summary/Conclusion
o Slide 7: References (use Harvard referencing style)
2. Prepare 10 Multiple-Choice Questions (including the memorandum to the questions) – the question may comprise 5xMultiple-Choice Questions and 5xTrue/False Questions

Topic Groups
1 Chapter 18

18.1 The Keynesian model with a government
sector - Government spending (G)

2 Chapter 18

18.1 The Keynesian model with a government
sector - Taxes (T)

3 Chapter 18

18.1 The Keynesian model with a government
sector - The combined effect of the introduction of
government expenditure and taxes on the equilibrium
level of income - The Keynesian model with a government sector: a
summary

4 Chapter 18

18.2 Introducing the foreign sector into the
Keynesian model: the open economy - Exports (X)

5 Chapter 18

18.2 Introducing the foreign sector into the
Keynesian model: the open economy - Imports (Z)

6 Chapter 18

18.3 Factors that determine the size of the
multiplier

7 Chapter 19

19.1 The aggregate demand-aggregate supply
model - The aggregate demand curve - The slope of the AD curve
• The wealth effect
• The interest rate effect

2

8 Chapter 19

19.1 The aggregate demand-aggregate supply
model - The aggregate demand curve - The slope of the AD curve
• The international trade effect

9 Chapter 19

19.1 The aggregate demand-aggregate supply
model - The aggregate demand curve - The position of the AD curve

10 Chapter 19

19.1 The aggregate demand-aggregate supply
model - The aggregate supply curve - The slope of the short-run AS curve - The position of the AS curve - The long-run AS curve (LRAS)

11 Chapter 19

19.1 The aggregate demand-aggregate supply
model - The aggregate demand curve - Changes in aggregate demand

12 Chapter 19

19.1 The aggregate demand-aggregate supply
model - The aggregate demand curve - Changes in short-run aggregate supply

13 Chapter 19

19.2 The monetary transmission mechanism - The links between interest rates, investment
spending and the rest of the economy

14 Chapter 19

19.2 The monetary transmission mechanism - Other links between interest rates and the rest of
the economy
• The interest rate channel
• The exchange rate channel

15 Chapter 19

3

19.2 The monetary transmission mechanism - Other links between interest rates and the rest of
the economy
• The asset price channel
• The credit channel

16 Chapter 19

19.3 Monetary and fiscal policy in the AD-AS
framework - Expansionary and contractionary monetary and
fiscal policies - Monetary and fiscal policy lags
• The recognition lag

17 Chapter 19

19.3 Monetary and fiscal policy in the AD-AS
framework - Expansionary and contractionary monetary and
fiscal policies - Monetary and fiscal policy lags
• The decision lag

18 Chapter 19

19.3 Monetary and fiscal policy in the AD-AS
framework - Expansionary and contractionary monetary and
fiscal policies - Monetary and fiscal policy lags
• The implementation lag

19 Chapter 19

19.3 Monetary and fiscal policy in the AD-AS
framework - Expansionary and contractionary monetary and
fiscal policies - Monetary and fiscal policy lags
• The impact lag

20 Chapter 19

19.3 Monetary and fiscal policy in the AD-AS framework - Expansionary and contractionary monetary and
fiscal policies - The relative effectiveness of monetary and fiscal policy

with reference

1 answer

Sure, I can help you design a structure for a PowerPoint presentation, and I can also generate multiple-choice and true/false questions based on one of the topics related to Chapters 18 and 19. Let's choose one topic from your list, for instance, “The Keynesian model with a government sector - Government spending (G)”.

PowerPoint Presentation Structure

Slide 1: Title Slide

  • Title: The Keynesian Model with a Government Sector: Government Spending (G)
  • Group Members:
    • Name 1, Student Number
    • Name 2, Student Number
    • Name 3, Student Number
    • Name 4, Student Number

Slide 2: Learning Outcomes/Objectives

  • Understand the concept of government spending within the Keynesian framework.
  • Analyze how government spending influences aggregate demand.
  • Evaluate the effects of potential government spending policies on the economy.
  • Assess the implications of increased government expenditure on overall economic equilibrium.

Slide 3: Introduction to the Keynesian Model

  • Overview of the Keynesian economic theory.
  • Importance of Aggregate Demand (AD) in driving economic activity.
  • Role of government spending (G) in the Keynesian model.

Slide 4: The Multiplier Effect

  • Definition of the multiplier effect.
  • Different types of multipliers (spending multiplier, tax multiplier).
  • How an increase in G leads to a larger increase in national income (Y).

Slide 5: Government Spending and Economic Equilibrium

  • Influence of government spending on equilibrium income.
  • Short-term vs. long-term impacts of government expenditure.
  • Case studies or real-world examples of government spending effects.

Slide 6: Summary/Conclusion

  • Recap of the role and importance of government spending in the Keynesian model.
  • Summary of how G influences AD and the national income equilibrium.
  • Discussion of the implications for policymakers.

Slide 7: References

  • Author 1, A. (Year). Title of the book/article. Publisher/Journal Name. DOI/URL
  • Author 2, B. (Year). Title of the book/article. Publisher/Journal Name. DOI/URL
  • Author 3, C. (Year). Title of the book/article. Publisher/Journal Name. DOI/URL

Multiple Choice Questions

  1. What is the primary role of government spending (G) in the Keynesian model?

    • A) To control inflation
    • B) To stimulate aggregate demand
    • C) To increase taxes
    • D) To reduce public debt
    • Answer: B) To stimulate aggregate demand
  2. The multiplier effect refers to:

    • A) The way government spending affects the money supply
    • B) The proportional increase in national income resulting from an increase in government spending
    • C) The tendency of consumers to save more during economic growth
    • D) None of the above
    • Answer: B) The proportional increase in national income resulting from an increase in government spending
  3. In the Keynesian framework, an increase in government spending leads to:

    • A) A decrease in production
    • B) An increase in aggregate demand
    • C) A reduction in consumer spending
    • D) No change in overall economic output
    • Answer: B) An increase in aggregate demand
  4. Government spending (G) will shift the aggregate demand curve:

    • A) Leftward
    • B) Rightward
    • C) Upward
    • D) Downward
    • Answer: B) Rightward
  5. True or False: Increased government spending only has short-term effects on the economy.

    • Answer: False

True/False Questions

  1. True or False: The Keynesian model suggests that government intervention can stabilize the economy during recessions.

    • Answer: True
  2. True or False: The classical economic theory supports the idea of a minimal government role in the economy.

    • Answer: True
  3. True or False: Under the Keynesian model, increased tax revenues lead to immediate increases in aggregate demand.

    • Answer: False
  4. True or False: Government spending can create jobs and reduce unemployment in the short run.

    • Answer: True
  5. True or False: All types of government spending have the same multiplier effect on national income.

  • Answer: False

Notes

  • You can replace the names and student numbers with your actual information.
  • The references need to be compiled based on the sources you used for the presentation.
  • Feel free to design the slides as per your preference using visuals and diagrams to make the presentation more engaging.

Let me know if you need help with anything else!