Welcome to Economics! Daily activities and assignments are posted below the syllabus, with the most recent day at the top.

NOTE: Click here to go to the business plan PowerPoint page (for part one)

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Final Review!!!
Click here to be taken to a jeopardy review for the final, held on 12/19 for 1st period and 12/22 for 8th period
The final focuses on Chapter 7 and Chapters 9-14.
Topics to know (these are large topics that you should know a variety of things about):
Interest
Fixed expenses
Savings Bond
Investment
Bull market
Bear Market
Capital Gain
Venture Capital
Types of business organization
Annual percentage rate
Gross Domestic Product
Business cycles
Productivity
Employment/Unemployment
Inflation
Characteristics and Functions of Money
History of Banking
The FED


Wednesday December 7 and Thursday December 8
Today, we:

Reminder: Projects are due December 15 (for 1st period) and December 16 (for 8th period). The Oral Exam will also be held on that day! Each student will draw ONE Micro question and ONE Macro question.

Thursday, December 1 and Friday, December 2
Today, we:
  • Finished Inside the Meltdown (you can watch any part you missed at home - both video and worksheet are available from 11/29-12/1 day)
  • Looked at the current Economic Stimulus Approach and answered questions about it (if you were absent, click here and follow the directions - use your own sheet of paper to answer the questions)

Tuesday, November 29 and Wednesday, November 30
We watched this video to begin to get an idea of how the financial crisis ensued in American in 2008:

Then, we watched the first 12 minutes of this video (click on the link), for which you should use this sheet to begin gathering info about .

Monday, November 21 and Tuesday, November 22: Work Days for Projects and Oral Exam questions

Wednesday, November 16 and Thursday, November 17
Today, we:
  • Employed the compound interest equation and practiced for future use
  • Researched and discussed basic saving options (I mentioned this article in class for those with further interest: )
  • Began exploring other ideas regarding sources of personal capital, including the use of credit

Homework for 1st: Blue sheet covering sections 9.2 and 9.4 in the textbook

8th period only:
We also received the first set of Oral exam Questions, and the rubric:

Monday, November 14 and Tuesday, November 15
Today, we:
  • Used a computer application to learn more about our future money making needs (can be found at www.jumpstart.org/reality-check)
  • Took notes on the reasons for and details of saving

Thursday November 10 and Friday November 11
Today, we:
  • Completed a review of business set-up options, using an article and review sheet (complete at home using article, notes on businesses taken in class, and blue sheet from Chapter 7 section 4 if you were absent):
  • Reviewed the project options, due the last week of the semester - please see me to get a copy of these options (they will not be made available here)

Homework: None

Tuesday, November 8 and Wednesday, November 9
Today, we:
  • Finished the Mr. Miami Beach documentary
  • Worked in small groups to learn about other entrepreneurs (both historical and modern) as models of these 4 types of economic actors in business:
Entrepren_defined.jpg


Friday, November 4 and Monday, November 7
Today, we:
  • Commented on our peers' stock tips for participation credit and checked our portfolios
  • Finished gathering information on how businesses can be set up and completed a quick review to summarize the information
  • Began studying an entrepreneur named Carl Fisher, who can serve as an introductory example of innovative thinking in America

Wednesday, November 2 and Thursday, November 3
Today, we:
  • Continued to develop our stock portfolios
  • Began learning about the ways to set up a business and the advantages and disadvantages of each using the following article and organizer:


Monday, October 31 and Tuesday, November 1
Today, we:
  • Worked on developing our stock portfolios and completed the required online tutorial, posted tips for others in the class to view

The week of October 25 - October 28 (no school on the 24th or 26th)
This week, we worked on getting started in the virtual stock simulation and more about the stock market itself. See Ms. Barrett for information on how to sign up for the stock game, and complete the following sheets using the book and internet:


Thursday, October 20 and Friday, October 21
Today, we:
  • Turned in the Children's book paper
  • Took the midterm (worth 70 points)
  • Worked on reading about college costs and choices as our first participation item of the new quarter

Homework:
None

Tuesday, October 18 and Wednesday, October 19
Today, we:
  • Worked on our papers, DUE THURSDAY OR FRIDAY, DEPENDING ON CLASS PERIOD
  • How to write the paper:

  • Reviewed for the midterm, TO BE HELD THURSDAY OR FRIDAY, DEPENDING ON CLASS PERIOD
  • Here's a link to the review online: Jeopardy Game
  • Here's a list of other ideas to review as you study:
    • supply and demand shifters
    • demand elasticity math
    • Complementary goods
    • Substitute goods
    • elastic and inelastic supply
    • market structures (monopoly, oligopoly, etc)
    • Features of the Price system (notes we took from big $ posters)

Friday, October 14 and Monday, October 17
Today, we:
  • Completed # 1 and 2 of the section review for Section One of Chapter 8
  • Participated in an activity to practice applying those word within the context of the job plans of our class (this was a participation item; as long as your absence is excused, you will be exempted)
  • Received the paper assignment, which we will work on IN CLASS on Tuesday or Wednesday

Homework:
BRING YOUR CHILDREN'S BOOK TO WRITE ABOUT (SEE PAPER ASSIGNMENT); ANYONE WITHOUT A CHILDREN'S BOOKS WILL AUTOMATICALLY FORFEIT 10% OF THE POSSIBLE POINTS. EMAIL MS. BARRETT WITH QUESTIONS - DUE TUESDAY, OCTOBER 18 or WEDNESDAY, OCTOBER 19


Wednesday, October 12 and Thursday, October 13
Today, we:
  • Used a short simulation to exemplify how market structure works
  • Completed the Market Structure work began as homework (can be printed from last period's entry)
  • Took notes on the back of the Market Structure packet (get from a peer or Ms. Barrett upon return if you were absent)
  • Reviewed some of the vocabulary that will appear on the midterm

Homework: Begin studying for Midterm! Midterm covers everything we've done so far (in the book, that's chapters 1-6).


Monday, October 10 and Tuesday, October 11
Today, we:
  • Completed the 5th quiz/assignment
  • Practiced drawing supply and demand curves and shifting them according to specific events
(use your own piece of notebook paper also)
Homework:
Complete the following definitions, from Chapter 6 and the glossary (i.e., do only the first page):



Wednesday, October 5 and Thursday, October 6
Today, we:
  • Finished our work with supply and demand shifters using Google Earth
  • got more practice with shifters playing Bingo
  • received the 5th article/quiz assignment, DUE ON MONDAY, OCTOBER 10 or TUESDAY, OCTOBER 11



Monday, October 3 and Tuesday, October 4
Today, we:
  • Continued work on our Google Earth shifters tour
  • Completed some practice sheets on Supply and Demand shifters to ensure understanding and comprehension

NOTE: If you don't have Google Earth and are working on this at home, just click here to be taken to a list of the links to the articles without the Google Earth interface

Thursday, September 29 and Friday, September 30
Today, we:
  • Discussed our buying and selling of wheat, and graphed a similar situation to discuss equilibrium price, shortage, and surplus (these terms are on future tests and quizzes)
  • Answered some questions about Section 3 of Chapter 5
  • Explored the price of gasoline in relation to some various events
  • Began working on our GoogleEarth Tour to learn about Supply and Demand shifters

Tuesday, September 27 and Wednesday, September 28
Today, we:
  • made our presentations on the language of prices and took notes on them (get notes from a fellow student or Ms. Barrett in class)
  • Practiced "speaking" this language with each other by buying and selling bushels of wheat

Friday, September 23 and Monday, September 26
Today, we:
  • Took the 4th quiz/turned in the 4th assignment
  • began working in groups to present next time on the language of prices

Wednesday, September 21 and Thursday, September 22
Today, we:
  • Learned some equations for measuring the elasticity of demand (notes)

  • Practiced this math in small groups

  • Received the 4th article/quiz assignment, DUE ON FRIDAY, SEPTEMBER 25 or MONDAY, SEPTEMBER 28. If the student elects to take the quiz, it is over Sections 1 and 3 of both chapters 3 and 4 (our app worksheet, our tutoring worksheet and our elasticity notes), and the elasticity math - students may not use their notes for the math part of the quiz.


Monday, September 19 and Tuesday, September 20
Today, we:
  • reviewed the basic concepts of supply and demand
  • did some experiments with diminishing marginal utility and diminishing marginal returns
  • took some notes on the concept of elasticity as it relates to supply and demand
NOTE: You should get all of these items from the folder in the classroom and talk to classmates/Ms. Barrett to get caught up. As a minor substitute to be prepared for the next day of class, you could read section 3 of both chapters 3 and 4.

Thursday, September 15 and Friday, September 16
Today, we:
  • Presented our ideas for smart phone apps and used the data to create demand schedules and curves
  • Completed and briefly discussed some basic questions about Demand (please see PDF and complete at home if you were absent)

  • Discussed in groups some issues of how much tutoring students would be willing to do for various rates of pay
  • Completed and briefly discussed some basic questions about Supply (please see PDF and complete at home if you were absent)


Tuesday, September 13 and Wednesday, September 14
  • Learned about the Circular Flow model and completed a brief worksheet on it

  • Began an activity thinking of our own apps for smart phones and surveying the demand for those apps

Friday, September 9 and Monday, September 12
Today, we:
  • Turned in Assignment 3
  • Discussed some "mystery nations" and made educated guesses about their GDP per capita and the causes of the nation's wealth/poverty
  • Took notes on the factors contributing to long-term growth in an economy
  • Took notes individually from section 2 of Chapter 2, "features of the US economy" - for each of the 5 features, write a brief description of it and a statement of how that feature has specifically most recently affected your own life (DUE for participation credit next class period)

Wednesday, September 7 and Thursday, September 8
Today, we:
  • worked on the third assignment in class - this assignment is DUE on Friday, September 9 or Monday September 12 - no late work is accepted

Friday, September 2 and Tuesday, September 6
Today, we:
  • completed our discussions with our "sharky partners," and connected those to the five social goals of economics
  • received a sheet explaining the social goals of economics

  • began working on the economic systems assignment, DUE on Wednesday September 7 or Thursday September 8 (information for the side that lists "traditional, command, and market" systems can be found in Chapter 2, and information for the side that lists "Capitalism, socialism, and communism" can be found in chapter 16 - the social goals sheet will also be utilized).


Wednesday, August 31 and Thursday September 1
Today, we:
  • turned in the second assignment/completed the second quiz
  • finished discussing marginal thinking via some practice problems
  • began discussing the social goals of economics with our "sharky partners" - see folder for your sharky sheet if you were absent

Monday, August 29 and Tuesday, August 30
Today, we:
  • Turned in/completed our first assignment
  • Received the second article/quiz assignment,DUE ON WEDNESDAY, AUGUST 31 OR THURSDAY SEPTEMBER 1 (DEPENDING ON YOUR CLASS DAY) - be ready to turn in the article assignment (found below) or take the quiz over all of chapter 1

  • Completed a guide on section 4 of chapter 1, found below


  • Learned about the concept of "marginal thinking" and received some practice problems about the concept (will finish next time - get from folder upon return if absent on 8/29 or 9/30)

Thursday, August 25 and Friday, August 26
Today, we:
  • Learned about Opportunity cost - refer to printed side of notes from day one, the "economic guide to thinking"
  • Received Assignment #1, DUE ON MONDAY, AUGUST 29 OR TUESDAY AUGUST 30 (DEPENDING ON YOUR CLASS DAY)- be ready to turn in the article assignment (found below) or take the quiz (over Chapter 1, sections 1, 2, and 3)

  • Completed an activity and took notes about Production Possibilities Curves (get from a friend or me upon return)
  • Practiced Opp Cost and Production Possibilities with "Pizzas and Rugs" (open the 2 pdfs below and complete)



Tuesday, August 23rd and Wednesday August 24th:
Today, we:
  • Received and reviewed the syllabus
  • Learned "TNSTAAFL" and took notes on the basics of economics - be sure to get these from someone if you were absent
  • Practiced applying the "factors of production" to Farmville
  • Homework: Read Section 2 of Chapter 1 (pages 8-10) and answer questions 1-3 in the section review