Economics is the study of how goods and services are distributed in society. It is also concerned with the decision making process of both businesses and individuals. In this class we will study the business cycle, tax rates, supply and demand, types of economies. We will also cover inflation, and learn about the real estate and stock markets.
We will cover the role of banking in the United States. We will cover the federal reserve, interest rates, credit, debt, and personal finance and various types of insurance. If you look below the writing in the parentheses is the warm up for the day.
Announcements : Current Event Due dates : 5/19 Last Current event due
Week 17 (5/15 - 5/19)
Friday - Bremer Absent. Turn in your last current event and study for your other finals
Thursday - Final
Wednesday - More Final Review
Tuesday - Final Review
Monday - "Name five different types of investments. What are the advantages and disadvantages of each."
Finish Monetary Policy lecture
Week 16 (5/8 - 5/12)
Friday - Read Minimum wage article and article on saving
Thursday - "At what point does money no longer make people happier?" Show Crash Course on Happiness
Wednesday- "Should the US remove cash and have all transactions be digital?" Continue powerpoint on monetary policy
Tuesday - "At what age and/or income level is life insurance no longer needed?" Begin federal reserve and monetary policy ppt. Show crash course on Federal Reserve and monetary policy
Monday - "Should mandatory union membership be legal?" Go over labor union ppt
Week 15 (5/1 - 5/5)
Friday - "No warm up. Read two articles and summarize them. http://www.foxbusiness.com/features/2016/01/11/myth-college-grad-barista.html
Thursday -"What types of insurance should a 30 year old married man have?" Finish personal finance ppt
Wednesday - "what are some things Americans can do to get out of debt faster?" Continue personal finance ppt
Tuesday - "what are the advantages and disadvantages of working while going to school?" Continue personal finance ppt
Monday - "How should government help small businesses start?" Continue personal finance ppt
Week 14 (4/24 - 4/28)
Friday - Crash Course Economics on minimum wage and continue personal finance powerpoint.
Thursday - "Should the US negotiate with terrorists who want ransom for hostages?" What incentive would this provide? Continue market watch game and give stock price data for 5 stocks from 1,3,5, and 10 years ago.
Wednesday - "Should people with children be given tax breaks?" Continue personal finance powerpoint
Tuesday - "List advantages and disadvantages of a Junior College, 4 year college, military, or a job after high school" Continue Personal Finance powerpoint.
Monday - "Why is it important to have and maintain good credit?" Begin personal finance powerpoint
Week 13 (4/17 - 4/21)
Friday - Finish ABCs of credit powerpoint
Thursday - Marketwatch summary. Find an article about two different stocks from the past week and write whether the author is positive (bullish) or negative (bearish) about the stock. Finish Taxation powerpoint
Wednesday - No Warm up. Continue market watch game and powerpoint on taxes.
Tuesday - TAX DAY!!! YAY!! "Should citizens be given tax breaks for having kids?" Begin powerpoint on Taxes. Watch crash course on taxes
Monday - "Why is it important to get an maintain good credit?" Begin Powerpoint on credit called ABCscredit
Week 12 (4/2 - 4/5)
Friday - Capitalism Test
Thursday - Further Review of Capitalism
Wednesday - Capitalism Jeopardy Review
Tuesday - Review film. Pep rally day. Write one page summary of the film.
Monday - Finish Capitalism: A Love Story
Week 11 (3/27 - 3/31)
Friday - Continue Capitalism: A Love Story
Thursday - Continue Capitalism: A Love Story
Wednesday- Begin Watching Capitalism: A Love Story
Tuesday - Block Schedule. Same as monday
Monday - Watch Film Freakonomics (available on Netflix) - Write a one page summary on the film.
Week 10 (Testing block schedule, two hour classes) -
Monday through Friday - Playing monopoly and completing balance sheet paper with it.
Week 9 -
Friday - Begin Stock market game. Instructions attached.
Thursday - "Should state workers have to pay a state income tax?" Finish capitalism powerpoint
Wednesday - "Should social media companies be required to regulate speech on their platforms?" Read article on free speech and social media. Continue Capitalism notes
Tuesday - Discuss film. Answer these four film questions in 1 page
1) Thoughts on the film (opinion)
2 ) Summarize the film and give examples
3) What changes would you make to the global poverty industry?
4) Discuss the concept of paternalism: Do you think we practice this in the United States? This paper will go in your notebook
Monday - Finish Poverty, inc. No warm up
Friday - Should there be more oversight on how charities spend their money?" Begin Poverty, Inc. film
Thursday- "Should be there a tax on companies that leave the United States, or use robots to replace people?" Read article on robot taxation. Continue capitalism ppt.
Wednesday - "The United States currently gives 35 billion in foreign aid. How much should we give and what form should that aid take?" Continue capitalism ppt.
Tuesday - "What should the government do about the gender pay gap, if anything?" Continue capitalism
Monday - Finish Tucker Film, go over questions and implications of the film and imperfect competition
Friday - Continue watching Tucker film. Turn in current event.
Thursday - Watch Tucker film
Wednesday - "Should corporations be allowed to donate money to politicians?" Discuss Citizens United case. Continue Capitalism powerpoint
Tuesday - "What role should the government play in stopping monopolies. Why are they a good or a bad thing? " Begin Capitalism powerpoint
Monday - "What do you know about the stock market? How does it work, what is it. Why does it fluctuate so much? Why do people invest in it?"
Finish macroeconomic notes.
Friday - "If you could meet yourself in the future and see what your life had become, and you could not change it. Would you want to?" Discuss butterfly effect and complex economic systems. Continue Macroecon notes.
Thursday - "Trump recently reversed Obama's transgender bathroom mandate. What are some implications of this? Should it be a federal or a state issue?" Continue macroeconomics ppt. Watch crash course productivity
Wednesday - ""How much money should be spent on space and space exploration? What is the opportunity cost? Continue Macroeconomics powerpoint.
Tuesday - "Should you be forced to pay for Social Security even if you are terminally ill? Should there be any exceptions? Watch Crash course economics Macroeconomics Begin Macroeconomics ppt
Monday - No School
Friday - No School
Thursday - In-class review game
Wednesday - Discuss projects finished products and impractical innovations and what improvements could be made upon them.
Tuesday - Present Projects
Monday - Finish and present Shark Tank projects
Friday - Continue working on Shark Tank project
Thursday - Begin "Shark Tank assignment". Watch this video about pitching product ideas.
Wednesday - Go over test questions in class
Tuesday - Test day
Monday - In-class test review today
Friday - Turn in current events, . Discuss new fiduciary rule being repealed for financial advisers Show Crash Course 4 . Discuss markets.
Thursday- Pep rally Schedule. "There is no such thing as a free lunch explains a very important concept in economics. What do you think this phrase means and give some examples." Pass out Tigerland and Marginal Cost/Benefits worksheets
Wednesday- Economic Systems 2 ppt. No warm up
Tuesday - Discuss Trump's executive order on immigration and discuss article
Monday - Trump recently put a ban on refugees and immigrants from many middle eastern countries. Do you think this makes us more or less safe? Read refugee article
Friday - Brain teaser warm up. Finish econ systems ppt.
Thursday - Continue economics systems ppt
Wednesday - "How should our tax system be structured? What should be changed? What is the highest amount taxes should ever be paid at?" Start Economic Systems PPT
Tuesday - "How should the government regulate cigarettes? Legal in cigarettes, restaurants, age requirements?" Crash Course 3 www.youtube.com/watch?v=B43YEW2FvDs
Monday - "What are your thoughts on the women's rights marches over the weekend? What did they accomplish?" Finish Intro to Econ PPT
Friday - "Should the U.S. have dropped the atomic bombs on Japan? What is a suitable trade-off in lives lost for American soldiers versus Japanese civilians?" Continue Factors of Production Powerpoint. First current event due.
Thursday - "Would you support anyone under 25 years old paying no taxes?" Watch crash course econ 2
Wednesday - "Should the government be able to force its citizens to buy health insurance?" Continue Factors of production ppt.
Tuesday - "How much should society spend for the elderly in a 24 hour care facility per year? How much is too much?"
Begin introduction to economics PPT.
Monday - No school. MLK day.
Friday - Bremer absent, no work required
Thursday - "How much should society spend in order to save one person's life?" If we could have 10 less deaths a year in California at a cost of 20 million dollars, is that worth it? If not, what is?"
Crash Course Econ
Wednesday - Warm up: " What profession do you think you want to do? What is your five year and ten year plan?"
Article on car crash deaths and the speed limit.
Tuesday- Class introductions