{"id":8109,"date":"2018-01-22T18:34:11","date_gmt":"2018-01-22T18:34:11","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/?post_type=chapter&#038;p=8109"},"modified":"2024-04-26T17:36:54","modified_gmt":"2024-04-26T17:36:54","slug":"pacing","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/chapter\/pacing\/","title":{"raw":"Pacing","rendered":"Pacing"},"content":{"raw":"<img class=\"aligncenter wp-image-260\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/2043\/2018\/01\/22172645\/stopwatch.png\" alt=\"icon of a stopwatch\" width=\"200\" height=\"212\" \/>\r\n\r\nThe Introduction to Macroeconomics textbook contains sixteen modules\u2014roughly one module per week for a sixteen-week semester. Many choose not to teach every module, so sometimes fewer modules are covered during a semester. Although all the modules are similar in size and depth (aside from the first, introductory module which is more brief), some of the modules work well together and could easily be combined. Some modules may also be drawn out to cover more than one week. Some modules that work well together include:\r\n<ul>\r\n \t<li><strong>Module 1: Economic Thinking <\/strong>and<strong>\u00a0<\/strong><strong>Module 2:\u00a0Choice in a World of Scarcity<\/strong><\/li>\r\n \t<li><strong>Module 3:\u00a0Supply and Demand<\/strong> and\u00a0<strong>Module 4:\u00a0Applications of Supply and Demand<\/strong> OR<\/li>\r\n \t<li><strong>Module 4:\u00a0Applications of Supply and Demand<\/strong> and\u00a0<strong>Module 5:\u00a0Elasticity<\/strong><\/li>\r\n \t<li><strong>Module 12: Money and Banking<\/strong> and <strong>Module 13: Monetary Policy<\/strong><\/li>\r\n \t<li><strong>Module 15: Globalization and Trade <\/strong>and<strong>\u00a0<\/strong><strong>Module 16: Exchange Rates and International Finance<\/strong><\/li>\r\n<\/ul>\r\nThese modules are sometimes excluded, depending on faculty preferences or if the concepts are taught in microeconomics instead:\r\n<ul>\r\n \t<li><strong>Module 5: Elasticity<\/strong><\/li>\r\n \t<li><strong>Module 10: The Income-Expenditure Model\u00a0<\/strong><\/li>\r\n \t<li><strong>Module 15: Globalization and Trade<\/strong><\/li>\r\n \t<li><strong>Module 16:\u00a0Exchange Rates and International Finance<\/strong><\/li>\r\n<\/ul>\r\n<h2>Course Modules:[footnote]*Starred modules are included in both the Lumen Microeconomics and Macroeconomics courses[\/footnote]<\/h2>\r\n<ul>\r\n \t<li>Module 1: Economic Thinking*<\/li>\r\n \t<li>Module 2:\u00a0Choice in a World of Scarcity*<\/li>\r\n \t<li>Module 3:\u00a0Supply and Demand*<\/li>\r\n \t<li>Module 4:\u00a0Applications of Supply and Demand*<\/li>\r\n \t<li>Module 5:\u00a0Elasticity*<\/li>\r\n \t<li>Module 6: Macroeconomic Measures: GDP and Economic Growth<\/li>\r\n \t<li>Module 7: Macroeconomic Measures: Unemployment and Inflation<\/li>\r\n \t<li>Module 8: The Aggregate Demand-Aggregate Supply Model<\/li>\r\n \t<li>Module 9: Keynesian and Neoclassical Economics<\/li>\r\n \t<li>Module 10: The Income-Expenditure Model<\/li>\r\n \t<li>Module 11: Fiscal Policy<\/li>\r\n \t<li>Module 12: Money and Banking<\/li>\r\n \t<li>Module 13: Monetary Policy<\/li>\r\n \t<li>Module 14: Policy Application<\/li>\r\n \t<li>Module 15: Globalization and Trade*<\/li>\r\n \t<li>Module 16: Exchange Rates and International Finance*<\/li>\r\n<\/ul>","rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-260\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/2043\/2018\/01\/22172645\/stopwatch.png\" alt=\"icon of a stopwatch\" width=\"200\" height=\"212\" \/><\/p>\n<p>The Introduction to Macroeconomics textbook contains sixteen modules\u2014roughly one module per week for a sixteen-week semester. Many choose not to teach every module, so sometimes fewer modules are covered during a semester. Although all the modules are similar in size and depth (aside from the first, introductory module which is more brief), some of the modules work well together and could easily be combined. Some modules may also be drawn out to cover more than one week. Some modules that work well together include:<\/p>\n<ul>\n<li><strong>Module 1: Economic Thinking <\/strong>and<strong>\u00a0<\/strong><strong>Module 2:\u00a0Choice in a World of Scarcity<\/strong><\/li>\n<li><strong>Module 3:\u00a0Supply and Demand<\/strong> and\u00a0<strong>Module 4:\u00a0Applications of Supply and Demand<\/strong> OR<\/li>\n<li><strong>Module 4:\u00a0Applications of Supply and Demand<\/strong> and\u00a0<strong>Module 5:\u00a0Elasticity<\/strong><\/li>\n<li><strong>Module 12: Money and Banking<\/strong> and <strong>Module 13: Monetary Policy<\/strong><\/li>\n<li><strong>Module 15: Globalization and Trade <\/strong>and<strong>\u00a0<\/strong><strong>Module 16: Exchange Rates and International Finance<\/strong><\/li>\n<\/ul>\n<p>These modules are sometimes excluded, depending on faculty preferences or if the concepts are taught in microeconomics instead:<\/p>\n<ul>\n<li><strong>Module 5: Elasticity<\/strong><\/li>\n<li><strong>Module 10: The Income-Expenditure Model\u00a0<\/strong><\/li>\n<li><strong>Module 15: Globalization and Trade<\/strong><\/li>\n<li><strong>Module 16:\u00a0Exchange Rates and International Finance<\/strong><\/li>\n<\/ul>\n<h2>Course Modules:<a class=\"footnote\" title=\"*Starred modules are included in both the Lumen Microeconomics and Macroeconomics courses\" id=\"return-footnote-8109-1\" href=\"#footnote-8109-1\" aria-label=\"Footnote 1\"><sup class=\"footnote\">[1]<\/sup><\/a><\/h2>\n<ul>\n<li>Module 1: Economic Thinking*<\/li>\n<li>Module 2:\u00a0Choice in a World of Scarcity*<\/li>\n<li>Module 3:\u00a0Supply and Demand*<\/li>\n<li>Module 4:\u00a0Applications of Supply and Demand*<\/li>\n<li>Module 5:\u00a0Elasticity*<\/li>\n<li>Module 6: Macroeconomic Measures: GDP and Economic Growth<\/li>\n<li>Module 7: Macroeconomic Measures: Unemployment and Inflation<\/li>\n<li>Module 8: The Aggregate Demand-Aggregate Supply Model<\/li>\n<li>Module 9: Keynesian and Neoclassical Economics<\/li>\n<li>Module 10: The Income-Expenditure Model<\/li>\n<li>Module 11: Fiscal Policy<\/li>\n<li>Module 12: Money and Banking<\/li>\n<li>Module 13: Monetary Policy<\/li>\n<li>Module 14: Policy Application<\/li>\n<li>Module 15: Globalization and Trade*<\/li>\n<li>Module 16: Exchange Rates and International Finance*<\/li>\n<\/ul>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-8109\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Pacing. <strong>Provided by<\/strong>: Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li>Stopwatch. <strong>Authored by<\/strong>: Adrien Coquet, FR. <strong>Provided by<\/strong>: Noun Project. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"https:\/\/thenounproject.com\/term\/stopwatch\/1094680\/\">https:\/\/thenounproject.com\/term\/stopwatch\/1094680\/<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section><hr class=\"before-footnotes clear\" \/><div class=\"footnotes\"><ol><li id=\"footnote-8109-1\">*Starred modules are included in both the Lumen Microeconomics and Macroeconomics courses <a href=\"#return-footnote-8109-1\" class=\"return-footnote\" aria-label=\"Return to footnote 1\">&crarr;<\/a><\/li><\/ol><\/div>","protected":false},"author":29,"menu_order":2,"template":"","meta":{"_candela_citation":"[{\"type\":\"cc\",\"description\":\"Stopwatch\",\"author\":\"Adrien Coquet, FR\",\"organization\":\"Noun Project\",\"url\":\"https:\/\/thenounproject.com\/term\/stopwatch\/1094680\/\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"original\",\"description\":\"Pacing\",\"author\":\"\",\"organization\":\"Lumen Learning\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-8109","chapter","type-chapter","status-publish","hentry"],"part":8105,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/8109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/users\/29"}],"version-history":[{"count":10,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/8109\/revisions"}],"predecessor-version":[{"id":13072,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/8109\/revisions\/13072"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/parts\/8105"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/8109\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/media?parent=8109"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapter-type?post=8109"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/contributor?post=8109"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/license?post=8109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}