Finals Week

June 16th, 2014

I was very happy with the turn out, I think that all who showed would say it proved useful!
Be sure to study for all your finals!
See you Thursday.

Chapter 1 Vocab

June 10th, 2014

1) collected any remaining invisible hand readings.
2) Chapter 1 Vocabulary
3) Chapter 1 quiz

homework: None

Invisible Hand Reading

June 9th 2014

1) Invisible Hand reading and questions. Collected the questions for one of the last grades of the semester.
* IF you did not finish this worksheet make sure you finish it tonight for HW

* Bring your textbooks in for Thursday.
Review day after schools next Monday the 16th.

Warren Buffet/ Personal Investing

May 27th, 2014

1) passed back Money Quiz/ Review
2) Oracle of Omaha- Movie Sheet
3) Read and annotate Personal Investing- Pages 49-57 for class tomorrow. We will have have a classwork grade tomorrow.

Banking Today

May 22nd, 2014

1) Notes Packet/ Money Supply Notes

• M1 & M2
• Storing money
• Loans 
• Financial Institutions
• Electronic Banking  

2) Finally finished up the end of the Counterfeit Documentary

Homework: Complete Money & Banking reading and complete the worksheet. 

** Anything can pop up tomorrow! ** 

Characteristics of Money

May 20th, 2014

1) Passed out an outline for our notes. Be sure to bring your notes packet everyday to class.
2) Characteristics of Money and Uses
3) Continued our Counterfeit Movie.

Homework: None

Counterfeit Money

May 19th, 2014

1) Passed back many many papers
2) Counterfeit Money.

Labor Markets: Quiz Tomorrow

May 15th, 2014

1) Labor market review sheet
2) Worksheet using the textbook.

Homework: Quiz tomorrow & finish classwork- Make sure you use the book to complete your packet!

Extra Credit ** According to grocery sales, America's favorite cookie is the Oreo. Which company produces Oreos, and which large conglomerate owns that company?

Best and Worst Jobs in US

May 14th, 2014

1) Collected homework
2) Labor & Wage Notes
3) Best paid jobs and worst paid jobs in the US
4) Skilled and Unskilled labor

Homework: None

Labor Organizations

Monday 12th & 13th

Labor Organizations:
Labor Force
occupational trend
Changing Labor Force
Contingent Employment
Skilled Labor
Wage Discrimination
Labor Union, Collective Bargaining

Homework: Worksheet, double sided due tomorrow!

Chapter 8: Business Organizations

May 6th, 7th & 8th

1) Corporations
2) Globalizations/ Multinational Corporations/ Conglomerates
3) Franchises- Dunkin Donuts
4) Nonprofit organizations

Tomorrow: Quiz!!

Business Organizations

May 5th, 2014

1) Passed back work and competencies- If you need to make your competency, you have one week!
2) Review sole proprietorships & partnerships.

•    What is a sole proprietorship? 
•    What is a fringe benefit and give an example.
•    What are three types of partnerships?
•    What is the difference between limited partners and general partners?
•    What are three common examples of limited liability partnership? 

3) Finished partnership notes & started corporations. 

Bill Gates

April 25th, 2014

Pep Rally Day!
Bill Gates- Sultan of Software.

Homework: None- Enjoy your vacation!

Business Organizations

April 23, 2014

1) Competency will be graded over the break
2) Sole proprietorship

Homework: None- Continue with business organizations tomorrow

Intellectual Property

April 14th, 20134

1) Passed back quizzes/homework
2) Review Quizzes
3) Intellectual Property: Patents, Trade Secrets and Logos
3) Positive Externalities and Technology
Homework: Read the excerpt from The Instant Economist and answer the following questions:

1.How is innovation an example of a positive externality?

2.What  does the term “appropriability” mean?

3.What does the Constitution: Article 1, Section 8 say regarding intellectual property?

4.How many trademarks are registered in the US?

5.What is one of the most famous trade secrets in the US?

6.What type of monopolies are created as a result of intellectual property rights?

7.What did Eli Whitney create and what was the problem with his patent?

8.How many patents are granted each year in the US?

9.What company is associated with “Patent Thickets”?

10.What is the economic goal of economic innovation? 

Market Structures Quiz.

April 11th, 2014

1) Collected homework- Monopolies & Oligopolies
2) Review for Quiz
3) Basic Market Structures Quiz.

Homework-None

Monopolistic and Oligopolies

April 10th, 2014

1) Review Monopolies & Pure Markets
2) Monopolistic & Oligopolies: Review and give examples

Tomorrow: Quiz

Monopolies!

April 9th, 2014

1) Perfect / Pure Market - Monopoly
2) Monopolistic- Oligopoly

Handouts- If you were absent be sure to come find me so I can give you the handouts.

  

April 8th- Market Structures- Perfect/ Pure.

April 7th- Illicit Goods- Black Market

Pythons, Target Credit Cards & Body Parts. 

Competency

April 3rd, 2014

1) Reviewed/Passed back work
2) Supply & Demand Competency

Prepare for Competency

April 2nd, 2014

1) Collected homework- Annotated supply and demand reading. 10 test questions & answers.
2) Pre-Competency review- Questions for tomorrow.

Homework: Competency tomorrow! Review your information!

Supply & Demand Day:2

March 31st, 2014

1) Passed back quizzes
2) Review Supply & Demand
3) Elasticity of Demand Vs. Supply.

Homework: Finish supply/demand reading by Wednesday- Annotate & 10 test questions with answers.

Supply & Demand

Thursday 2/27 & Friday 2/28

Thursday:
Supply & Demand notes!
5 events that will cause supply to change.

Friday:
Continue notes.
Quiz

Key Terms:
Equilibrium / Disequilibrium
Surplus/ Shortage
Price Ceiling/ Price Floor

Homework: None.

Changes in Supply

March 26th, 2014

1) Reviewed Supply terms from yesterday.
2) 5 things that will cause supply to change.
3) What does an increase/decrease in supply look like?

Homework: Make sure you finished the worksheet from today.

Day 1: Supply

March 25th, 2014

1) Supply & Demand
2) Supply and Demand worksheets
3) Passed back homework

Tomorrow in class we will continue our discussion on supply!

Finish I.O.U.S.A

Marc 24th, 2014

1) Finished watching I.O.U.S.A
2) Collected movie sheets.
3) 3 Follow up Questions

Difference between monetary policy and fiscal policy?
Whats happening to the middle class?
What is Financial Warfare?

I.O.U.S.A

March 21st, 2014

1) Collected homework (Unemployment Reading & Questions)
2) Fiscal Policy Vs. Monetary Policy- Passed back Tests/HW
3) I.O.U.S.A / Questions.

Homework:None


***On Monday, H period will meet in Mrs. DeMeo's Classroom 164.

Unemployment

March 20th, 2014


1) Passed back tests- reviewed questions
2) Inflation/Unemployment
3) Started Unemployment reading & Questions

Homework: Finish reading and Questions:

1.How does the government determine the unemployment rate?

2.What is a discouraged worker?

3.When does the demand for labor decline?

4.What could happen if a firm reduces wages?

1.What do firms prefer to do?

5.What types of social behaviors occur because of unemployment?

6.What was the unemployment rate in 2010?

7.What are the two categories of unemployment? How are they different?

8.The government has two main tools for encouraging spending what are they?  How are they different?

9.What are minimum wages in Europe compared to the US?  

Test Day Chapters 1-4

March 18th, 2013

1) Collected chapters 1-4 Review
2) Answered any questions
3) Test
4) Word Search

Test Prep

March 17, 2014

1) Practice Test
2) Review Terms

Homework: Study for test tomorrow (Chapter 1-4) & Complete Study Guide! All Terms...

Here are the terms that need to be defined:

1. Three Economic Questions
2. Factors of Production
3. Free Market
4. Command Market
5. Unemployment Rate
6. Free Rider Problem
7. Scarcity
8. Entrepreneur 
9. Adam Smith 
10. Socialist
11. Capitalist 
12. Public Goods
13. Durable Goods
14. Non-Durable Goods
15. GDP
16. Elasticity of Demand
17. Shifts in Demand
18. Substitution Effect
19. Law of Demand
20. Complement
21. Total Revenue 
22. Normal Good
23. Inferior Good
24. Demand Curve
25. Ceteris Paribus

Test Day Tuesday

March 16th

We will review chapter 1-4 tomorrow in class.
Test Tuesday!

I will be staying after tomorrow for extra help if anyone needs it!

Snow Day

March 13th, 2014

We will practice more examples of elasticity tomorrow and review for our upcoming test.

Elasticity

March 12th, 2014

1) Computing Elasticity

• Complementary goods 
• Substitutional Goods
• Durable Vs. NonDurable  

2) Elasticity Vs. Inelasticity. 

Elasticity of Demand

March 10th, 2014

1) Warm Up-

• Demand Increase: Shift to the Right.
• Demand Decrease: Shift to the Left 

2) Elasticity-
Inelastic: Examples: Gasoline & Insulin
Elastic: Cupcakes & Watches.

Homework: Finish Individual Demand Curve Packet. Bring tomorrow.

How Demand's Shift

March 7th, 2013

Changes in Demand.
1) Ceteris Paribus- Along the curve

Changes in Demand.
1) Income
2) Consumer Expectations
3) Population
4) Consumer Tastes & Advertising (Fads)

Homework: None.

Have a good weekend!

Free Enterprise-Quiz

March 4th, 2014

1) CNN student news. Ukraine & Russia
2) Welfare VS Work Ethic
3) Chapter 2 quiz

Tomorrow- We will start Chapter 4, Demand!

Back to Reality...Chapter 3

March 3rd, 2014

1) Review Chapter 3: Free Enterprise 

2) Article: Welfare & Work Ethic 

3) Quiz tomorrow 

Homework for tomorrow:

Quiz tomorrow-Chapter 3 Review.

 

Last day of free enterprise: Safety Nets

February 21st, 2014

1) Free Enterprise: Day 4- Safety Nets

We have finished chapter 3 Free Enterprise! We will be quizzing on this material when we return from break, most likely Tuesday.

Enjoy your break & be safe

Free Enterprise Day 3: Public Goods

February 20th, 2014

1) Collected homework: If you did not scrambled to get it finished before everyone passed it in and I noticed your going to receive half credit.

2) Free Enterprise: Public Goods 

Homework: None 

Free Enterprise Day 1&2

February 19th, 2014

1) Finished: US Free Enterprise: Day 1
2) Free Enterprise: Day 2- Promoting Growth and Stability

Homework: Complete Section 1 & 2 "Quiz" for tomorrow.
Benefits of Free Enterprise & Promoting Growth and Stability.

Free Enterprise- Day 1

February 18th, 2014

1) Passed back quizzes & other miscellaneous items.
2) Free Enterprise- Day 1

Tomorrow's class we will finish the notes!

Chapter 2 Quiz

February 12th, 2014

1) Review for Quiz
2) Chapter 2 Quiz

As promised heres the Extra Credit:

E Period: Answer the following questions and bring them into class tomorrow. 
1) What were the first people to colonize Russia?
2) How many different names could be used to describe Russia?
3) Describe one Russia evolution. (1917 or 1989)

H Period: Answer the following questions and bring the answers into class tomorrow. 
1) What does the word capital mean?
2) What is at the heart of the Free Enterprise System?
3) What was the beginning of Socialism.
4) How should people be paid?
5) What is a Russian Czar?

**** Quizzes are graded, here are the averages.
E Period: 19/25= C+
H Period: 22/25=B+

Economic Systems

February 11th, 2013,

1) Collected Homework- Chapter 2 Review 

2) 93-Year-Old Tenant Wins Eminent Domain Case 

3) Sections 1-4 Review.

4) Review for Chapter 2

Homework: Quiz Tomorrow. 

Know the following topics...

Competition

Economic Questions

Specialization 

Motivations 

Product Market 

Function of Economic System 

Privatization: The transition from a centrally planned economy to a more free market model.

Nationalization: The transition from a market economy to a more centrally planned model. 

Caveat Emptor

February 10th, 2014

- CNN Student News: National Debt Increased.
- Checked homework/Reviewed Transitional
- Types of Economic System
- Caveat Emptor 

Homework: Chapter 2 Review Due Tomorrow!

Finish Economic Systems.

January 6th & 7th, 2013

Notes...Notes and More Notes.

1) Economic Systems- Completed these notes.

Tomorrow we will have class time to work on the packets.

Homework:

Finish the Wall Street Reading for Monday! For Tuesday finish the the Chapter 2 packet.

Economic Systems

1) Pass Back Quizzes & Homework

2) Chapter 2: Economic Systems

3) Economic Systems CH:2

Tomorrow in class we will discuss Free Markets.

Homework: Economic Systems CH:2 will be due Friday.

Chapter 1 Quiz

1) Collect/Review Chapter 1 Fill in worksheet from Friday.
2) Chapter 1 Quiz.
3) CNN student News.

Tomorrow- We will start Chapter 2

Superbowl Sunday

Tomorrow in class we will review/collect Chapter 1 Fill in.
We will also have our first quiz of chapter 1 terms.

Enjoy the game!

Production Possibilities Frontier

January 31st, 2014

1) As a class we completed the terms from the Chapter 1 review.
2) Chapter 1 Fill In the Blank- If you did not finish then you need to complete it for homework!

Have a wonderful weekend.

Opportunity Cost

January 30th, 2013

1) Review Scarcity VS Shortage worksheet
2) Water-Diamond Paradox
3) Opportunity Cost
4) Chapter 1 Review

• No homework, we will finish chapter 1 review tomorrow. 
• Quiz Monday 

Scarcity Vs Shortage

January 29th, 2013

1) Review/Check Homework (Andrew Carnegie Reading)
2) Scarcity VS Shortage
3) Scarcity Examples

Tomorrow we will review the scarcity examples tomorrow in class.

Factors of Production

January 28th, 2014

1) Collected Syllabus & Student Information Sheet
2) Intro to Economics - Notes
3) Factors of Production - Notes
4) Factors of Production Worksheet & Andrew Carnegie

Homework: Complete the Factors of Production Worksheet & Andrew Carnegie Reading

Tomorrow we will review the homework and start the Shortages VS. Scarcity.

Welcome to Economics!

January 27th, 2013

1) Introduction
2) Hand out Books
3) Economic Syllabus
4) Student Information Sheet

Homework: Sign the syllabus and complete the student information sheet. Have your parent/guardian sign both!

Tomorrow we will start chapter 1.

YOU MADE IT!

January 24th, 2014

YOU did it once again, made it through another round of finals and midterms. You are all now economists and I hope this information will prove useful for you in the future. Good luck the rest of the year! Enjoy your weekend you deserve it! Happy Friday.

Test Day Tomorrow!

January 22nd, 2013

Tomorrows the big day!
Do not forget your textbooks. You will be sent to your house if you do not bring them in.
Here is the list of students who need to still bring the textbook...

I am also collecting your final Review Packets.

1.  Justine
2. Jonah
3. Logan
4. Matt C
5. Matt A 
6. Connor

Finals Week!

January 21st, 2013

E period Econ, your test is first up on Thursday. Bring in your review packet and your textbook!

I will send you to your house office if you do not bring in your textbook.

Good luck with your finals!

Don't get distracted 

Review/Survey

January 17th, 2014

1) Passback papers/ Class survey.
2) Collect textbooks. *** IF you do not hand in your textbook you will NOT be able to take the final.
3) Review any students questions from packet.

Homework: Complete the review- I will collect this before your final.

Bring in your textbook
E period: Try to give me your book before Thursday.
H period: Try to give me your book before Friday.

Enjoy your long weekend and don't forget to study! 

Review...Review and some more Review

January 16th, 2014

1) Today we started class by passing out Day 4 & 5 Review. Students worked on these review packets while other students finished competencies, quizzes and tests that they had missed.

2) Homework- Try to finish days 1-5 review packets for tomorrow.
 Tomorrow in class we will review any questions that you may have from any of the reviews!


Homework:  Bring in your textbooks tomorrow so I can collect them!


***All of your review packets (Days 1-5) are due the day of your final.

Review Day 2 & 3

January 14th & 15th

1) Review Packet Day 2
2) Review any questions from Day 2
3) Classwork: Review Packet Day 3

Homework: Finish Packet Day 3 Terms

Tomorrow we will review any questions you have!!

Quizzes/Final Review

January 13th, 2013

1) Passback Quizzes/ Review
2) Economics Review
3) Classwork: Day 1 Review
4) Finish the day 1 packet and complete term 1-30.

Homework: Terms 1-30.

Be sure to finish the these terms and ask any questions you have for tomorrow! We will be working on Day 2 review tomorrow.

The Great Depression

January 8th, 2013
1) Finished Video.
2) Reviewed Questions.
3) Stock Market Cartoons
4) Passed out Political Cartoons.

* If by chance you have already lost the cartoons here is a packet I used.
The three you need to analyze are...

Stock Market Crash Packet of Political Cartoons

1) Its Fine as Long as You're Going Up.
2) Amateur Night
3) Somebody Had to Save him from Himself!

Homework: Answer the Questions from the Stock Market Cartoon powerpoint. Be sure to bring them in tomorrow!
Quiz on Friday

Welcome Back!