Things AP Econ Students Should Know

By Michael Brody

Michael Brody
Why Is It So Hard for Americans to Get a Decent Raise? Economists Have a Dark New Theory.
slate.com - By Jordan Weissmann
A new answer could change how we think about unions, monopolies, and the minimum wage. If you were a delivery van driver searching for a new job any …
Jan 16, 2018
Michael Brody
Treasury Yields Resume Ascent
The Wall Street Journal. - Min Zeng
Government-bond yields surged to their highest level since Jan. 3, as the inflation trade that took off in the days after Donald Trump’s election regained intensity. The yield on the 10-year Treasury settled
Jan 19, 2017
Michael Brody
Unemployment
The December Jobs Report in Seven Charts
The Wall Street Journal - Kate Davidson
The U.S. economy added 156,000 jobs in December, the unemployment rate was little changed at 4.7% and wages grew at the strongest pace since 2009. Here’s a closer look at how that compares. Job growth
Jan 6, 2017
Michael Brody
http://www.nytimes.com/2016/12/13/world/asia/india-cash-electronic-payments.html?action=click&contentCollection=www.nytimes.com&contentId=http%3A%2F%2Fwww.nytimes.com%2F2016%2F12%2F13%2Fworld%2Fasia%2Findia-cash-electronic-payments.html&contentPlacement=10&eventName=Watching-article-click&mediaId=thumb_square&module=WatchingPortal&pgType=Homepage&region=c-column-middle-span-region&state=standard&version=internal
Michael Brody
Dec 13, 2016
Michael Brody
Want to Rev Up the Economy? Don’t Worry About the Trade Deficit
The New York Times - By N. GREGORY MANKIW
The economic policy of President-elect Donald J. Trump is still a work in progress. But if campaign rhetoric is a reliable guide, reorienting trade policy may become one of the main goals of the new administration.
Dec 2, 2016