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Syllabus Classroom Policies Cornerstones Test Correction Policy
Assignments Unit 1: Economic Way of Thinking Unit 2: Government & The Economy
Units The Economic Way of Thinking Supply & Demand Production & Cost Global Trade & Trade Policy Economic Crisis YEP Stock Market Bull Pen Healthcare Retirement Social Security Big Data Town of Yarmouth Personal Family Budget Links HUNGER WHYHS Politics & Money InfoGraphs World Issues Class The Fiscal Ship Archives Semester I, 2011-2012 Semester 2, 2011-2012 Semester 1, 2012-2013 Semester 2, 2012-2013 Semester I 2013-2014 Semester 2, 2013-2014 4B Semester 2 2013-2014 2W Semester 1, 2014-2015 Senester 2, 2014-2015 Semester 1, 2015-2016 Semester 2, 2015-2016 Semester 1, 2016-2017 Semester 2, 2016-2017
ECONOMICS 5B CLASS BLOG THR, Survey JAN 22 Take the Economic Literacy Test by CEE The Millenials Are Coming 60 Minutes (12:30)
Golden Balls videos: Watch this one first , then this one next . Make-Up Work. Steve Jobs 1. What is the Thesis of his Commencement Speech? 2. What are the three best quotes he said? 3. Find a cartoon on Steve Jobs and write a caption. Legacy of Steve Jobs FORTUNE (6:10 min) Steve Job's Commencement Speech - Stanford University 2005 (15:05) "Love What you do." Giving Away a Fortune- Bill Gates (13:31min) Maine State Colleges on the Skids WSJ Jan, 2014 http://www.pressherald.com/2014/12/16/report-identifies-ways-to-build-skills-of-maines-workforce/ TUE, I Am Out JAN 20 Create a Blog Post with the Title: What Makes Us Feel Good About Our Work? Using Your Headphones watch the video below and answer the questions that follow. Be sure to retype the questions on your Blog and make them BOLD. Dan Ariely: What makes us feel good about our work? (20:26) 1. Identify how Mr Ariely has characterized the different ways Adam Smith and Karl Marx approached economic production. 2. How does he think the new "knowledge economy" has flipped our understanding of a better economic system? 3. What motivates people to work hard? 4. Where can you connect this to your own life? (please put some time into this reflection) 5. Upload a cartoon that relates to this video. Write a caption to the cartoon that shows how it relates.
MLK WEEKEND THR, In Class: JAN 15 Wall Street Homework: Bring Headphones next class. TUE, In Class: JAN 13 Review and hand-in Asset Allocation Wall Street Homework: Read about the Movie Wall Street and the real-life investment world it is based upon. FRI, In Class: JAN 9 Quiz- CORNERSTONE Investment Vocabulary Complete this worksheet on Asset Allocation Prudential Asset Allocation.pdf Details Download 1 MB assetallocation&diversification.pages Details Download 5 MB Homework: Complete Asset Allocation WED, In Class: JAN 7 (1)Practice Quiz-CORNERSTONE Investment Vocabulary (2) Today we start our Stock Market Simulation.You will start with $1 million. The purpose of your portfolio is to create a well-balanced and thoughtful portfolio that will meet your own personal investment objective. Invest into at least 4 different Companies taking 250,000 positions. Select both Value & Growth Stocks and Sectors of Investment. Your Investment Notebook is due Thursday, Jan 22nd at beginning of class. Join our Group YHS Econ Sem1 2015 with password yarmouth . http://www.smartstocks.com/ Homework: Study for Investment Vocabulary Quiz. Bring in Signed Movie Form MON, In Class: JAN 5 (1) Review Investment Vocabulary (2) Review Value and Growth Stocks Growth Stocks vs. Value Stocks.pdf Details Download 101 KB (3) Review Sectors of Investment Sectors for Investment.pages Details Download 5 MB (4) CompleteWall Street Journal 15-Basic Stock Market.pdf Details Download 313 KB Homework: P/E Ratio Explained (1:13) Investopedia Earnings Per Share Explained (1:10) Investopedia Print-Out and hand-in Basic Stock Market Study the following vocabulary terms for a quiz next Wednesday. Investment Vocabulary.pages Details Download 160 KB
WINTER HOLIDAY BREAK THR, In Class: DEC 18 What is Stock? How the Stock Market Works for Dummies (9:13) How the Stock Market Works for Dummie… Details Download 417 KB mint-stock.pdf Details Download 821 KB Homework: Create a Blog post with the title Securities and Exchange Commission. Write a Blog Post That answers these 3 Questions: 1. What does the Securities Exchange Commission (SEC) Really do? Video (1:30) 2. What are the limits of the SEC with regards to Mutual Funds? 3. Read about one of these stories involving the SEC. Summarize how they broke the law and what happened to them. Martha Stewart Insider Trading Scandal USAToday Jonathan Lebed Stock Manipulator NYTimes TUE, In Class: DEC 16 Credit Card Debt Calculator TheCardGame.pages Details Download 5 MB 3 Credit Card Traps That Can Cost You A Bundle Homework: Bring Headphones to next class. Go to the class Blog and write a blog post with the title The Card Game. 1. Identify 5 Things you found the most interesting and important about Credit Cards and Debit Cards. 2. Identify 5 things you learned about the Credit Card industry from this short video: What Happens When You Swipe Your Credit Card? 60 Minutes (13:14) 3. Identify a relevant Editorial Cartoon about Credit Cards and Credit Card Debt. Post this cartoon on your blog and writer a short caption describing how it illustrates something you have learned about Credit Cards. FRI, In Class: DEC 12 Compound Interest Calculator Watch the video FRONTLINE- The Retirement Gamble (53:37) and answer the questions on the worksheet below.Please hand in the worksheet at the end of class. FRONTLINE- The Retirement Gamble.pa… Details Download 574 KB Homework: none WED, YEP Presentations DEC 10 Mr. Dan O'Halleran Mr Rob Billings Mr Arthur Bell Ms Karen Glass MON, YEP Presentations DEC 8 Mr Arthur Bell Ms Lynn Hynes Ms Kate Thomas THR, Focus: Revise and put the final edits on your paper and print it. Groups should Finish their Keynote presentations (make sure there is a DEC 4 relevant image on every slide and make sure key information is written on every slide. No slide should have more than 20 words) Produce full color Tri-Fold Brochures, Menus, and Handouts that contain key information to give to each investor. Make sure you have completed your website (in google sites) and are prepared to show it during your presentation. Make sure you have printed out copies of your financials. Practice your "elevator speech" and rehearse who is speaking during each phase of the presentation. Be sure to print out 5 copies of everything so every investor has their own copy. I hope to be in school Friday if you would like to stop in and review what you have produced. TUE, YEP- Round Table DEC 2 Mr Rob Billings Mr Peter Anastos Mr Arthur Bell Mr Chris Kyle Mr Jack Moore
THANKSGIVING VACATION TUE, Focus: By the end of class Print out your Business Plan and Visuals. NOV 25 Start Key Note, Tri-Fold Brochures, Update Financials FRI, Focus:Figure out how much you need to sell to pay your bills. 1. Cover Monthly Expenses + 2. Pay Down Part of Start Up Costs. What is NOV 21 your plan to pay back your investors? How do you value your company? Here is a good article to think about what your company is worth. Start to Pull it all together. Begin writing your final document. Go into your groups document and identify what section you will be writing. Write your name next to the section in BOLD and make the font RED 1. Company Description- Summary of what you’re making/selling 2. Product or Service- Thorough description of your product and it’s benefit(s) 3. Strategy and Implementation- Start-up plans and expenses, time-line on the building, the making, the costs, the marketing & selling 4. Begin Web Site - create a website and explain how you’ll use it. This is part of your Advertising Plan and budget WED, Focus: Monthly Operating Expenses & Projected Monthly Revenue NOV 19 1. Calculate the monthly operating expenses and projected monthly revenue for your business. The key to this document is to create notes and "live links" to explain how you calculated the numbers. business-budget_12months 2013.xls Details Download 62 KB Homework: Complete Monthly Operating Expenses & Projected Monthly Revenue and Print prior to next class MON, FOCUS: Review Market Demand and Calculate Start up Costs NOV 17 1. Calculate the Start-Up Costs for your business. The key to this document is to create notes and "live links" to explain how you calculated the numbers in your start up costs. business-startup-costs 2013.xls Details Download 69 KB Homework: Complete Start-up Costs worksheet and Print out Spreadsheet prior to next class. THR, FOCUS : What is a short description of your company and the service it will provide? NOV 13 1. Strategy and Implementation- Start-up plans and expenses, time-line on the building, the making, the costs, the marketing & selling Homework: Update your notes on google doc. TUE, VETERANS DAY NOV 11 MON, FOCUS: Summarize your business and service or product you will provide. (10 sentences or so) NOV 10 Identify Demand for your Business. Finalize Survey and send out Survey. Survey should be completed in GoogleForms. Email a link of your survey to me. (The survey should: Describe your Product. Investigate the Demand for your product. Identify variations for your product.) Homework: In Googledocs the students should begin to answer the following Questions. 1. What is a short description of your company and the service it will provide? Begin Market Analysis and Market Survey. 1. What companies will you compete with? (Provide links to their websites) 2. How will you measure if there is a demand for your product or service? (Provide links to resources) 3. Where will your business be located? (provide links to your business' physical location if applicable) 4. How many employees will you need? (List their jobs and responsibilities) 5. What are the major capital expenditures? What is the big stuff you will need to buy? (Provide links to resources that show prices) THR, In Class: NOV 6 Start YEP Project FOCUS: Construct a Survey to identify Demand. Identify other data to support the demand and project your demand. Homework: 1. The GROUP will Share in Googledocs a document with the title Companyname.YEP.5B. List all group members on the first page of the document.This will be printed as the final business proposal. 2. The INDIVIDUAL Students will Share in Googledocs a document with the title Lastname.YEP.5B. This is your own note-taking device. I will check this on a regular basis to monitor your progress and to leave you notes and to share helpful resources. You will cut and paste from this document into the Final Document. TUE, In Class: NOV 4 Test on Chapter 2 Holy Donut Supply & Demand Sep 30, 2014 PPH Breakfast Sticker Shock Mar, 2014 Dallas News Homework: Read about the Yarmouth Entrepreneurial Project. Below is the project description and rubric. Please come to next class with three (3) business ideas. Be prepared to share them with the class. YEP2014.FALL.pdf Details Download 88 KB Here are some resources to get you thinking: 32 Innovations that will change your tomorrow NYTIMES (June 1, 2012) The Collaborative Economy Web Strategists FRI, Review For Chapter 2 Test OCT 31 What's In It? Chocolate Candy NYTimes (1:38) If Wal Mart Paid a Living Wage (2:01) Amazon Inside Amazon 60 Minutes (14:08) Amazon Spends and Grows, but Still Wants for Money NYTimes Oct, 2014 Malcolm Gladwell: Choice, happiness and spaghetti sauce (17:30) Everything is Amazing & Nobody's Happy Supply & Demand and shifts in Supply & Demand Curves, Substitute Goods, Normal Goods, Inferior Goods, Inflation, GDP, Maine Reps and Senators and Governor Candidates, Revenue, Debt, Deficit, Interest Rate, Social Security, Medicare, Medicaid, Baby Boomer, Incentives, OPEC, Cartel. Monopoly, Subsidies, EITC, Regressive Taxes, Green Taxes, Sin Taxes, Marriage Tax, Agent/Principal Problem, MisAligned Incentives. WED, Socratic Seminar- Chapter 2 OCT 29 Is Wal Mart Good For America? PBS Put on earphones and watch this video about Wal Mart. Fill out the worksheet handed out in class. When you are done create a blog post with the title Is Wal Mart Good For America? Answer the questions below: 1. Describe how Wal-Mart has created a power-shift between the retailers and manufacturers in America. (This refers to the difference between a "push" and a "pull" manufacturing economy) Please give an example. 2. Explain Mal-Mart's "opening price point strategy." 3. Explain some of the strategies, technology innovations and efficiencies that have allowed Wal-Mart to become so profitable and successful. 4. In your opinion- is Wal-Mart good for America? Explain. 5. Use this website to locate a good Wal-Mart cartoon (be sure to bookmark this website for future use) http://www.cagle.com/ Please remember that Blog posts are formal writing. Please edit your work and provide accurate and specific information as well as proper spelling and grammar. Please cite your work and provide insightful graphs, images, and/or cartoons. All images must have citations and captions. MON, Socratic Seminar- Chapter 2 OCT 27 Is Wal Mart Good For America? PBS Put on earphones and watch this video about Wal Mart. Fill out the worksheet handed out in class. When you are done create a blog post with the title Is Wal Mart Good For America? Answer the questions below: 1. Describe how Wal-Mart has created a power-shift between the retailers and manufacturers in America. (This refers to the difference between a "push" and a "pull" manufacturing economy) Please give an example. 2. Explain Mal-Mart's "opening price point strategy." 3. Explain some of the strategies, technology innovations and efficiencies that have allowed Wal-Mart to become so profitable and successful. 4. In your opinion- is Wal-Mart good for America? Explain. 5. Use this website to locate a good Wal-Mart cartoon (be sure to bookmark this website for future use) http://www.cagle.com/ Please remember that Blog posts are formal writing. Please edit your work and provide accurate and specific information as well as proper spelling and grammar. Please cite your work and provide insightful graphs, images, and/or cartoons. All images must have citations and captions. THR, Barry Shwartz- The Paradox of Choice TEDTALKS (19:41) OCT 23 Go to your Blog and compose a post with the title "The Paradox of Choice." Answer the following questions: 1. Describe Barry Shwartz's Thesis Statement (you can also list a few of his best maxims) 2. Provide 3 of the strongest or most tantalizing examples he uses to support his main point 3. Do you agree with him? Do you disagree with something he said? Why? Complete your Blog Post on Barry Shwartz Cartels & Monopolies- OPEC OPEC.pages Details Download 839 KB Interest Rates as Rent for Money - Khan Academy (9:53) YEP Ideas- Blog Post Based on your understanding of Supply and Demand- what are 3 different business ideas you have for your YEP project. Please describe them in a few sentences and provide a link. Homework: Read Chapter 2 of Naked Economics. Bring headphones to class so you can watch the Wal Mart Video on the day you do not have the seminar Chapter 2 Seminar Hand-Out.pages Details Download 86 KB TUE, Lecture- Supply OCT 21 Changes in Supply and Shift of Supply Curve (2:49) Econ Girl Fall in Oil Prices NYTimes Oct, 2014 and OPEC Crude Oil Prices Drop As Saudis Refuse To Cut Production NPR (3:55) Hybrid vessel fuels hope for Portland shipping revival Press Herald October 1, 2014 Flavorists ( 13:52) 60 Minutes Write a Blog Post called The Flavorists What insights do you gain into the food industry after watching this story? What is the perfect flavor? Look up information on the flavor industry and being a flavorist. What are three things you learn? (Cite your work with a hyperlink) Upload an image. http://www.givaudan.com Flavorist- Inside Jobs (4:52) Homework: You may want to watch these to get an in-depth explanation on: The Determinants Of Supply (9:11) Supply & Demand & Prices in the Market- Concert Tickets (25:09) Economic Equilibrium & Demand- Basketball Tickets (12:48) FRI, In Class: OCT 17 Lecture- Demand Change in Demand and Shift of the Demand Curve (5:58) Econ Girl Wings by Macklemore (5:30) Middle School Girls NYTimes Oct 2011 CBS to Offer Stand-Alone Web Subscription Service NYTimes Oct, 2014 Converse Sues to Protect Its Chuck Taylor All Stars Oct, 2014 XL Pipeline and Portland Maine- Portland pipeline business drying up as Canadian market shifts Press Herald September 29, 2014 Barriers only grow for Maine’s paper mills Press Herald Oct 5, 2014 McDonald's Confronts Its Junk Food Image AP Aug, 2014 YEP Ideas? Homework: Read the rest of Chapter 2- Supply & Interaction of Supply and Demand (p.48-66) and take notes using the reading guide below. Here is Study Guide for Supply Curve Here is a Study Guide for Interaction of Supply & Demand Law of Supply - Khan Academy Market Equilibrium - Khan Academy WED, In Class: OCT 15 I am out- 9th grade Geography Field Trip Test on Chapter 1 Here is an amazing new story- Cost of higher education draining Mainers Press Herald Oct, 2014 Homework: Read the first half of Chapter 2 (pages 41-48) in the text book on Demand. Write the definitions as they appear in the text and answer the thinking questions on the worksheet below. CH 2- Reading Guide (Supply & Demand)… Details Download 116 KB Here is a study Guide for Demand Curve The Law of Demand - Khan Academy MON, COLUMBUS DAY WEEKEND OCT 13 FRI, Seniors- Graded Discussion OCT 10 Juniors- Review for Test. WED, No Seniors- Away at Portland Stage OCT 8 Juniors- Graded discussion MON, In Class: OCT 6 Review Graded Discussion format Handout and Read Naked Economics Chapter 1 Homework: Study for Test on Chapter 1 next Wednesday. You can locate the Lecture for Chapter 1 in GoogleDocs Know these terms and their connection to economic current events- Estate Tax, Tariff, Income Tax, Capital Gains Tax, Sin Tax, Green Tax (Carbon Tax), Tea Party, GDP, Maine Reps and Senators and Governor Candidates, Revenue, Debt, Deficit, Interest Rate, Social Security, Medicare, Medicaid, Baby Boomer, challenges facing college students, Yarmouth issue with Wyman Station, THR, IN CLASS OCT 2 Watch the DVD and take notes on College Inc. Be sure to answer all of the discussion questions in the Video Guide handed out in class. . You will find this website interesting.... and troubling! http://diplomamakers.com/ HOMEWORK: What are 3 insights you gain from this Pod Cast about choosing your college and Major? Make a Blog Post with the title What's Your Major? Upload a cartoon and a graph and write a caption for both. Episode 485: What's Your Major? NPR Planet MONEY (16:45) TUE, IN CLASS: SEP 30 Watch the first half of the DVD I.O.USA that examines the history behind the debt crisis facing the nation today and fill-out the note-sheet. IOUSA.Movie.pages Details Download 73 KB HOMEWORK: Take a moment and examine these resources. Write a Blog Post for Federal Debt. What are the 5 most important things to know about our nation's federal debt? Include a graphic or a cartoon and explain it. Death & Taxes - The Federal Budget by Visualy U.S. Debt Clock in Real Time - National Priorities Project Federal Budget Brake-down 2013 National Priorities Project Taking apart the federal budget WASHINGTON POST FRI, IN CLASS: SEP 26 The Billionaire and Millionaire Boom WSJ (2:05) Examine Report from Town of Yarmouth Class Notes on Bonds.pdf Details Download 8 MB Review Seminar Format Homework: Go to The Blog and Create a Blog Post- Yarmouth Maine 1. List 10 important facts you learned about Yarmouth Maine from reading the Town's 2013 Annual Report. 2. What is the issue with Wymann Station? How should the town plan with regards to Wymann Station? Towns May Consolidate Assessing Departments FORECASTER Aug, 2013 Wymann Station Yarmouth Worries Over Power Plant PPH May, 2013 Is It Time to Unplug Wyman Station? PPH Feb 2013 Largest Power Plant in Maine Up for Sale PPH May 1 2013 Proposed sale of Maine’s largest power plant a sign of region’s changing energy market Bangor Daily News March, 2015 WED, IN CLASS: SEP 24 Go to the class Blog and construct a new post under the title: What about College? Use all of the resources below each question to help you answer them. 2. Explain the challenges being faced by college graduates. Use statistics and examples (cite your work) Is College Worth It? TIME Cost of higher education draining Mainers Press Herald Oct, 2014 New data suggest college degree pays off Press Herald Feb, 2013 For Graduates, A Shrinking Payoff - NYTIMES (Aug 31, 2011) Don't Think College Is Worth It? Ask People Who haven't Gone NYTIMES 3. Consider the degree you are going to pursue and the job you would like to get someday. How much will you make the first year? How much do you expect to make on average over the next 10 years? Career Earnings by Degree Hamilton Project Business Graduates Show Least Interest in Their Work WSJ Oct 2, 2014 Interactive Graph Connecting College Major to Future Jobs College Majors That Do Best in Jobs Market NYTIMES (May 19, 2011) The 13 Most Useless Majors The Daily Beast (2012) 20 Best & Worst College Majors TIME (201 4. Using the concept of opportunity cost, describe which college makes the most economic sense and why. If you do not plan on attending college- look up the potential income for the job you plan to get. How much do you expect to make on average in the next 10 years? 5. Add a graph or an image (or a cartoon http://www.cagle.com/ ) with citations & a captions. HOMEWORK: MON, Review Chapter 1: Part 2 SEP 22 Review Opportunity Cost This Video will help you remember the concept of Opportunity Costs. Video- Opportunity Costs (3:39) Comparative Advantage US Government Notes.pdf Details Download 8 MB Homework: Go to the class Blog and construct a new post with the title: What about College 1. Look up and record the costs of 3 different colleges or post-secondary programs you might considering attending. Make sure that you select one in-state public college (like University of Maine or University of Southern Maine) What will College Run You ? (CNN, 2010) College Board College Prowler Where Maine Students go to College - Interactive Press Herald THR, In Class: SEP 18 Review Text CH I Part I Scarcity- Gold Rush & Mr Pearl's Hermes Scarf - Newsweek (April 17, 2011) Art Market Booming During Recession PRI (May 2011) 6:20min Scream Sale $119 Million Dollar Shave Club Carstache Homework: Read CH 1 Part 2 pages 12-24 and complete the reading guide. CH1ReadingGuide12-24.pages Details Download 116 KB TUE, In Class: SEP 16 Intro to Economics Quiz 38 Maps to Explain the Global Economy- VOX Hand-Out Text Book HOMEWORK: Read Text CH1 part 1 (3-12) CH1ReadingGuide.pages Details Download 120 KB FRI, IN CLASS: SEP 12 Should We Raise The Minimum Wage? (3:48) John Green Minimum Wage Debate - John Stewart (4:59) The 2014 Tax Brackets Income Tax Rates Where Not To Die In 2012 Payroll Taxes Property taxes: How does your county compare? CNN How We Pay Taxes 2014 Atlantic Who's In The Office? The American Workday In One Graph NPR Sep 2014 38 Maps That explain the Global Economy - VOX HOMEWORK: Quiz on- Poverty in America, Globalization, Minimum Wage and Taxes WED, IN CLASS: SEP 10 Finish 30 Days and Review effects of Globalization. One Second on the Internet Internet in China (3:17) The i-Phone Economy NYTIMES (4:36) 1. What are 3 economic insights you learn from this story? 2. How does this story connect to the challenges facing our country? How should it influence economic policy? Apple Seen Using Tax Loopholes $9 billion in Taxes Bloomberg News May, 2013 Trade Deficit with China Explodes Business Insider HOMEWORK: Blog Post- The Many meanings of Globalization. Select a topic (i-phone economy, off-shoring, outsourcing, trade deficit, Planet Money's TShirt) and describe how this is currently a challenge of globalization to both the United States and the people in other countries. How does globalization effect your life or the life of ordinary people? Please cite your work and include content from two or more sources introduced in class. Add a cartoon on globalization and explain the cartoon with a caption. Use this website to locate a good cartoon (be sure to bookmark this website for future use) http://www.cagle.com/ MON, IN CLASS: SEP 8 Read "Globalization: The Challenge to America " by Thomas Friedman. Answer the questions on the worksheet. Identify the "Flatteners" and consider how Globalization will effect your future. Gloablization.Friedman.pages Details Download 37 KB
30 Days- Outsourcing (45min) Identify 5 new insights you learned about Globalization from this story. How is globalization effecting ordinary Americans and ordinary Indians in positive and negative ways? HOMEWORK: Planet Money Makes a T-Shirt NPR Dec, 2013 PLANET MONEY MAKES A T-SHIRT.pages Details Download 1 MB THR, IN CLASS: SEP 4 Laptop Orientation Take the Economic Literacy Test by CEE Family Budget Calculator Huffington Post Poverty Rate in USA Read this article: The War on Poverty US News and create a Blog Post on your section (you will be assigned a section in class). Write a short summary of the section (in your own words) and provide 5 bulleted facts from your section. Upload a graph or two to support your summary. Write a caption for the graph. Create a link to Cite your work. What do we learn about poverty from this section? Think- Pair- Share 1. From Middle-Class to Poverty 2. Inequality in the United States 3. The War on Poverty: By the Numbers 4. Families in Crisis 5. Poverty and Politics 6. Federal Poverty Rate Not Accurate Huffington Post 2013 7.In the War on Poverty, a Dogged Adversary NYTimes Dec 17, 2013 Use this graph and write an caption that explains it. Stubborn Poverty- NYTimes 8. How America's Losing The War on Poverty NPR (Aug 30, 2012) (11:29) HOMEWORK: TUE, IN CLASS: SEP 2 Here is the Course of Studies Guide: CourseGuideECON2014-2015.pages Details Download 2 MB Lecture- Economic Way of Thinking Watch the following short video and think about the thesis of the production. What are the three most compelling facts in each video? Identify the connection to our study of economics. Hard Times Generation- Homeless Children (14:04) Despite recovery, earning power drops Press Herald July 31, 2014 Rich Kid, Poor Kid: For 30 Years, Baltimore Study Tracked Who Gets Ahead NPR (3:52) Made in the U.S.A TIME 10 Startling Facts Washington Post Interactive Map on Poverty NYTimes Interactive Map on Uninsured NYTimes
HOMEWORK: Illustrate and Annotate one page that Summarizes and Describes you as an individual. 1. What do you think are 3 major economic issues you think you and the nation are facing? 2. Why did you decide to take this economics class? What do you hope to get out of the class? 3. Do you plan to go to college? If so where? If not- what do you plan to do after high school? 4. What do you want to do when you get older? Why? 5. A major component of this class is the YEP (Yarmouth Entrepreneurial project) where you investigate and create a business plan. List 3 businesses or inventions you think would be successful. Feel free to be creative- but try to make this informative (20-30 Minutes) Why Is the Economy Still Weak? Blame These Five Sectors NYTimes Aug 4, 2014 Why is Milk in the Back of the Store? NPR Planet Money (16:27) Find evidence and summarize the two theories- Are you in charge or are the owners in charge? What did you think was the most interesting thing you learned? "building the basket" "The cold chain" What questions do you have? Episode 565: The Story Of Alibaba NPR Planet Money (14:36) What does building a Better Chicken Coop reveal about the key that made Alibaba successful? Everything Is Amazing & Nobody's Happy (4:11)
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