Graph for Friday 12/16

http://www.blogger.com/img/blank.gif//www.wheredidmytaxdollarsgo.com/

Middle Class Job Loss-Income Gap

Thursday, December 1

Week of Nov 28

Monday-Current Events, Types of Monopoly and assignment
http://cnn.com/video/?/video/world/2011/11/25/pkg-kapur-india-retail-open.cnn

http://cnn.com/video/?/video/bestoftv/2011/11/27/nr-bilchik-creative-vending-machines.cnn

http://www.cbsnews.com/video/watch/?id=7389401n&tag=mg;mostpopvideo

http://www.cbsnews.com/video/watch/?id=7389782n&tag=mg;earlyshow

http://www.cbsnews.com/video/watch/?id=7389613n&tag=mg;eveningnews

Tuesday-Oligopoly video and sheet
Wednesday-Oligopoly activity
Thursday-cartel, collusion, types of competition and assignment
Friday-review ch 6

Week of Nov 21

Monday-
Finish 30 days
Current Events

http://www.cbsnews.com/video/watch/?id=7389066n&tag=mg;earlyshow

http://www.cbsnews.com/video/watch/?id=7389064n&tag=mg;earlyshow

http://www.cbsnews.com/video/watch/?id=7389032n&tag=mg;national

http://video.foxnews.com/v/1280346622001/sneak-peek-at-next-years-cool-cars/?playlist_id=87491&intcmp=obnetwork

http://money.cnn.com/markets/news/

Tuesday- Monopoly
Wednesday- Oligopoly
Thursday and Friday- No School

Week of Nov 14

Monday- Price floors and ceilings/minimum wage project work

Tuesday- Review ch 5-equilibrium and market limitations, project

Wednesday- Current Events, review ch 5-price ceilings and floors, project due

http://cnn.com/video/?/video/world/2011/11/15/goodman-spain-youth-unemployment.cnn

http://abcnews.go.com/WNT/video/black-friday-2011-stores-tactic-14936598?tab=9482931&section=1206834&playlist=1363932

http://abcnews.go.com/US/video/cat-prickly-situation-14935325?tab=9482931&section=1206839&playlist=2737498

https://www.youtube.com/watch?v=npH1KxmTe7k&feature=player_embedded

http://www.marketwatch.com/video#!10244826-8E5C-48AB-A94C-7FBF0205B34F




Thursday- test on ch 5, spent activity at http://playspent.org/

Friday- 30 Days- work as a minimum wage worker video

Week of Nov 7

Monday-no school
Tuesday- production/diminishing marginal returns-assignment
Wednesday- review production/the price system/minimum wage project
Thursday-equilibrium/ assignment/ minimum wage project
cbs news, Italy

Friday-project work

Week of Oct 31

Monday- video
Tuesday- Quiz on Supply, Demand determinants/current event
Wednesday- Quiz on Supply, review ch 4, price floor/price ceiling/ table
Thursday- ch 4 test, sheet on price system
Friday- current event, equilibrium, surplus, shortage and graphing

http://www.cbsnews.com/video/watch/?id=7386199n&tag=mg;national


http://www.cbsnews.com/video/watch/?id=7386181n&tag=mg;national

http://www.cbsnews.com/video/watch/?id=7386169n&tag=mg;national

Week of October 24

Monday-current events--
http://video.foxnews.com/v/1219460049001/new-website-aims-to-make-life-easier/?playlist_id=86883

http://cnn.com/video/?/video/bestoftv/2011/10/24/magnay-turkey-death-toll.cnn,

http://video.foxnews.com/v/1227187015001/survey-shoppers-to-spend-less-this-holiday-season/?playlist_id=86883

http://video.foxnews.com/v/1232794154001/small-business-report-1022/?playlist_id=86883

http://cnn.com/video/?/video/business/2011/10/19/magnay-greece-austerity-strike.cnn

http://cnn.com/video/?/video/business/2011/10/19/byrnes-argentina-economy-one.cnn

Tuesday- Supply intro/supply curves--make a curve
Wednesday- Reality Store in Pillager
Thursday-Supply Elasticity--do problem examples on elasticity
Friday-Factors that influence Supply--assignment on determinants,

http://cnn.com/video/?/video/politics/2011/10/27/bts-wh-carney-frustration-reform.cnn

http://cnn.com/video/?/video/business/2011/10/27/intv-wbt-eu-agreement-deal-moec.cnn

Unemployment tables

http://www.gallup.com/poll/150137/Unemployment-Down-Sharply-Early-October.aspx

Week of October 17

Monday~news http://www.cbsnews.com/video/watch/?id=6987699n demand review/curve, elasticity of demand

Tuesday~news http://www.cbsnews.com/video/watch/?id=7384501n&tag=mg;mostpopvideo

http://www.bing.com/videos/watch/video/money-for-something/6k01s79?cpkey=65942a87-b39b-46ab-b175-9d90d06d855e|||| , demand review

Wednesday~demand test

Week of October 10

Monday~ review demand determinants assignment, work

Tuesday~current events, demand sheet, work on PowerPoint on determinants

Wednesday~short hours-work on assignments

Thursday~look at demand determinant PowerPoints, sheet on determinants

Friday~sheet on determinants, current event project-occupy movement
Occupy Movement- read about the occupy movement at
http://www.huffingtonpost.com/news/occupy-wall-street

Comparative Economics Systems Project

What would life be like in the North Korean economy? How would things be different in the economy of Chad? In this project, you will have the opportunity to compare these two economies to the U.S. economy, and you’ll practice using some tools that can help you to study any economy in the world.

A market economy is characterized by private ownership of the means of production (for example, farms and factories), and supply and demand are responsible for the price and allocation decisions. The United States, Hong Kong, and Germany are considered market economies. A command economy is characterized by government (or central) control ownership of the means of production, and with a central authority setting prices of goods and services and for most allocation decisions. North Korea and Cuba are command, or more specifically communist, economies. A developing economy is one which is not yet industrialized, but is developing. Chad, Ecuador, and Bangladesh are considered developing nations.


You will need to access the CIA Factbook at https://www.cia.gov/library/publications/the-world-factbook/
and the Comparative Systems Worksheet.

Go to the CIA World Factbook website to find the information needed to complete the Comparative Systems Worksheet.

Use the information from the worksheet to consider the following seven questions~~

1. How can the presence or absence of natural resources and arable land affect a nation’s economy, regardless of the type of economic system?
2. How can life expectancy and literacy rates affect the quality of labor in the economy?
   
3. How can fertility rates affect the use of scarce resources?
   
   
4. How can GDP per capita and poverty rates indicate standards of living in each system?
   
5. How can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?
6. How can electricity, communication, and transportation facilities indicate the potential for industrial growth?
   
7. Considering the lack of natural resources, the labor problems, and the lack of capital and little industrialization of developing countries, how can developing countries develop? (Hint: Look at Economy - Overview for Chad).

This project is due on Thursday, Oct 6. You will turn in the worksheet and answers to the seven questions.

Week of October 3

Monday
1. Current Events

http://cnn.com/video/?/video/us/2011/10/01/mi-800-lb-pumpkin.cnn

http://youtu.be/TnCtitcHanQ
http://youtu.be/cG_TKAJyV6k
http://cnn.com/video/?/video/us/2011/10/02/candiotti-wall-street-protest-update.cnn

http://cnn.com/video/?/video/bestoftv/2011/10/02/nr-red-tide-ireport.cnn

2. Demand activity and begin reading ch 3 with guided reading sheet

Tuesday
1. Work on comparative economics project with a partner in class


Wednesday
1. Work on comparative economics project
2. Read ch 3 sect 1

Thursday
1.Reality Store sheet
2. Review key terms ch 3 sect 1
3. Demand curve


Friday
1. Demand Determinants

Week of September 26
Monday-Vocab quiz/ articles for review of economic systems

Tuesday- review Ch2/ test on Thursday/ finish US goals assignment/
US economics goals online/finish ch 2 vocab
1. Read the section on US economic goals and jot down each goal with an example from the book.
2.Read through President Obama's State of the Union Address 2011, look for examples of how he hoped to address US economic goals. Write down examples for each of the goals.
3. http://www.pbs.org/newshour/interactive/speeches/4/2011-state-union-address/

Wednesday-Ch 2 test review

Thursday- Test/ Freeloaders video

Friday-Demand intro -ch 3

September 19 Week

Monday-review systems/pure and mixed and country examples/ch 2 vocab/registration

Ch 2 Vocab=mixed economy, self-interest, free enterprise, private property, competition, voluntary exchange, product market, resource market, full employment, price stability, standard of living, market

Go to: http://gotomef.com/default.asp
Select Sept 22, Wadena and register for the college fair--PRINT OUT THE BARCODE, I will hold on to them if you want

Tuesday- Command Econ Activity/vocab work ch 2

Wednesday-Greed video

Thursday-review capitalism/circular flow/assignment


Friday-US economics goals online/finish ch 2 vocab
1. Read the section on US economic goals and jot down each goal with an example from the book.
2.Read through President Obama's State of the Union Address 2011, look for examples of how he hoped to address US economic goals. Write down examples for each of the goals.
3. http://www.pbs.org/newshour/interactive/speeches/4/2011-state-union-address/

News~
http://money.cnn.com/video/technology/2011/09/13/f_bctwf_rackspace.fortune/?source=cnn_bin&hpt=hp_bn3

http://www.msnbc.msn.com/id/21134540/vp/44618038#44618038

http://money.cnn.com/video/news/2011/09/15/n_tent_city.cnnmoney/

http://cnn.com/video/?/video/offbeat/2011/06/29/moos.you.left.your.rifle.where.cnn

http://cnn.com/video/?/video/business/2011/09/21/qmb-lord-norman-lamont-eurozone.cnn

http://money.cnn.com/video/news/2011/09/07/n_job_market_wages.cnnmoney/

Do Americans Work Too Much?

Exchange--Chapter One Assignment

Ch 1, p. 15~view the following videos and read the article. Answer the questions and turn in via email or written on paper.

Barter
http://www.time.com/time/video/player/0,32068,33573499001_1918950,00.html

http://www.cbsnews.com/video/watch/?id=4667537n

1. What is bartering?
2. Why is it being used again?
3. Decide if you think bartering is a good alternative. Explain.
4. Decide if bartering should be taxed. Explain.

Money
read the following article
Workers unite make saving money a priority
1. How are Americans feeling about the economy?
2. What is happening to savings rates as a result?
3. What is disposable income?
4. According to the article, how much should people save?


Credit
http://www.youtube.com/watch?v=7U6pmkTC8i0&feature=related

http://www.youtube.com/watch?v=Vz05A6cP6Iw&NR=1

1. How can a college student pay for those things they want while in college-instead of using a credit card?
2. Finish this sentence-"If you live as a professional in college, ...."
3. What impact does making minimum payments only have on reducing your credit card debt?
4. In the example, how long did it take for the consumer to pay off their credit card debt?