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Date

Economics 4B

Class Blog


END OF QUARTER 2

FRI, JAN 18
IN CLASS:
Legacy of Steve Jobs FORTUNE (6:10 min)
Steve Job's Commencement Speech- Stanford University 2005 (15:05) "Love What you do."
HOMEWORK:
WED, JAN 16
IN CLASS:
Sicko by Michael Moore
HOMEWORK:
Bring Back Naked Economics and Text Book
EXTRA CREDIT ASSIGNMENTS ARE BELOW
Blog post using this assignment.

Healthcare Reform IOUSA Solutions (10:50)

MON, JAN 14
IN CLASS:
Complete your investment Notebook Today.

Asset Allocation
Make Pie Chart
What is a Mutual Fund? WSJ

HOMEWORK:

THR, JAN 10
IN CLASS:
Quiz- Investment Vocabulary
Complete Investment Notebook. Re-balance your portfolio taking into account Growth Stocks and Sectors of the economy.

HOMEWORK:
TUE, JAN 8
IN CLASS:
I will be out of class today for the 9th grade. Please work all class on your investment Notebook.
Study for your quiz on Investment Vocabulary next class.

If you are interested - watch -
J Crew- The Man Who Dressed America (42:15)CNBC
Competing Interests Cloud Picture PPH Jan 3, 2013

HOMEWORK:
Study for your quiz on Investment Vocabulary next class.
FRI, FAN 4
IN CLASS:
(1) Practice Quiz- Investment Vocabulary
(2) Complete Basic Stock Prospectus Homework and hand-in.
(3) Start Investment Notebook.

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. Your Investment Notebook is due Wednesday, Jan 16th at start of class. You may continue playing with your portfolio beyond that date.
HOMEWORK:
WED, JAN 2
IN CLASS:
Martha Stewart Insider Trading Scandal USAToday
Jonathan Lebed Stock Manipulator NYTimes
What is Stock?


Study the following vocabulary terms for a quiz next week.


HOMEWORK:
Complete this basic worksheet that walks you through how a stock broker might examine a prospectus and decide if they should invest. Be sure to register with the WSJ or NYTIMES so you have access to the financial reports.


WINTER HOLIDAY BREAK

THR, DEC 20
IN CLASS:
Watch the Second half of the film I.O.USA that examines the history behind the debt crisis facing the nation today. Fill-out the worksheet.
Maple Syrup Cartel NYTIMES
History of Christmas THE HISTORY CHANNEL
HOMEWORK:
TUE, DEC 18
IN CLASS:
The Fiscal Cliff
What is the Fiscal Cliff Washington Post (Video 1:54) Taxmaggedon
The Fiscal Cliff CBS (Video 2:02)
Democrats Must Accept Entitlement Reform DAILYBEAST (with Video 2:23)
Q & A The Fiscal Cliff NYTIMES
The Fiscal Cliff Explained NYTIMES
Following the Debt Talks NYTIMES

Watch the first half of the film I.O.USA that examines the history behind the debt crisis facing the nation today
Fill-out the worksheet.

HOMEWORK:
none
FRI, DEC 14
IN CLASS
The i-Phone Economy NYTIMES (4:36)
1. What are 5 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?

HOMEWORK:
Choose one of the following:
Why I Left Goldman Sachs 60MINUTES (13:33)
1. What are 5 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?
3 Million Open Jobs in USA 60 MINUTES (13:09)
1. What are 5 economic insights you learn from this story?
2. How does this story connect to your future?
WED, DEC 12
IN CLASS
YEP Presentations to guest investors
Mr. Bell
Mrs Thomas
Mrs Hynes
Mr Billings
Mr Van Alstein.
MON, DEC 10
IN CLASS
YEP Presentations to guest investors in Flex Room. Please make sure there are copies for all investors and one for me.
Mr. Sullivan
Mr. Bell
Mr Anastos
2nd Lunch Gina Robertson Presents
THR, DEC 6
IN CLASS
YEP- Investor's Round-Table: student groups meet with investors to receive feedback in an informal setting. This will help focus groups and direct them in the final development of their business plan and "pitch."
Mr. Bell
Mrs Thomas
Mr O'Halleran
Mr Anastos
Mr Billings
2nd Lunch Gina Robertson
HOMEWORK:
TUE, DEC 4
IN CLASS
I will be out of school today.
Please make sure you have completed and printed out all of your work PRIOR to next class.
You will be meeting with investors in the library starting at 10:54. Be on time and ready to take notes on their suggestions. You will need to explain your business plan to them so prepare your "elevator speeches" and tighten-up your product/service and financial plans. Have in pace your marketing strategy.
HOMEWORK:
Complete your Key-Note
FRI, NOV 30
IN CLASS
Year 1 expenses and revenue, Year 5 expenses and revenue
HOMEWORK:
Begin Key- Note Presentation
Updated Work in GoogleDocs is due by 2:30 Monday afternoon.
1. Executive Summary (1 page)
“Highlights” like the “ask,” profit analysis, and start-up plan
2. Company Description (1-2 pages)
Start-up plans and summary of what you’re making/selling
3. Product or Service (1 page)
Thorough description of your product and it’s benefit(s)
4. Market Analysis (1 page)
What the market wants and how you’ll meet those wants
5. Strategy and Implementation (1-2 pages)
The building, the making, the costs, and marketing & selling
6. Web Plan Summary (1 page)
create a website and explain how you’ll use it
7. Management Team (1 page)
Description of you, your resume, and why you’re “the best”
8. Financial Analysis (1-2 page)
Start-up Costs & predicted Profit & Lost Year 1 and Year 5
WED, NOV 28
IN CLASS
Send Survey and complete other market research(What is the Demand for your product? What is your competition?)
Begin Web-Site
Begin Financial Spreadsheet- "Start Up Costs"
Business & Financial Statements Templates
Advertising Plan and budget
HOMEWORK:
MON, NOV 26
IN CLASS
Compose Survey
Focus on finalizing your product or service. Itemize the cost to produce it and price you will charge.
HOMEWORK:
Work on all phases of the project.

THANKSGIVING VACATION

MON, NOV 19
IN CLASS
How, Why, and When to use in-text citations (3:36)
Teslar Car of the Year (3:36) NYTIMES
Motorcycle of the future (2:14) NYTIMES
Begin Market Survey
HOMEWORK:
THR, NOV 15
IN CLASS
Groups convene to create a Macro project outline and Macro time-line for the project. Please share the document with me.
Title- ProjectName.econ
Start to work on all phase of project.
1. Make sure each Section has a proper title
2. Be sure to write your name on the section you are working on.
3. You can write using bullets but make sure you start to CATEGORIZE and SORT information
[Hint] It is a great idea to write Questions to focus your thinking.
HOMEWORK:
Groups begin work on all phases of the project. It is expected that you put in 1 hour of work by next class. Set goals for your work.
TUE, NOV 13
IN CLASS:
Collect Thank You For Smoking Cartoons.

Introduce YEP.


HOMEWORK:

32 Innovations that will change your tomorrow NYTIMES (June 1, 2012)
Start Brainstorming on Project

VETERANS DAY WEEKEND

THR, NOV 8
IN CLASS
Quiz- The Election 2012
National Trends NYTIMES
Thank You For Smoking
HOMEWORK:
Snus- From Hillbilly to Hip 60 Minutes (12:21)
Brief History of Tobacco Advertising in the USA TIME June 15, 2009
Research the Tobacco Settlement Agreement of 1998 Phillip Morris
Wikipedia on the Master Tobacco Settlement of 1998
Construct a 6+ panel Cartoon using Comic Life. The cartoon should include 1. Setting the scene, 2. Transition 3. Dialogue 4. Three True and relevant facts 5. Relevant Images
TUE, NOV 6
IN CLASS
Thank You For Smoking
Death & Life of Asheboro North Carolina 60 Minutes (11:41)
HOMEWORK:
Watch the news about the election. Know who won President, US Senate, State Senator from Yarmouth. Who won Question #1? For the Presidential Race- What swing States were key to the victory? What are two interesting news stories about the election?
FRI, NOV 2
IN CLASS
Quarter 1 Ends
Who Killed The Electric Car?

Create a BLOG post that answers the question- Who Killed the Electric Car?
1. Bottom line- Who do you think is MOST responsible for killing the electric car? Explain.
Here is another resource: Who Killed The Electric Car?
2. Read the following stories and create a Blog Post that describes 5 things you learned and find interesting about the Electric Car Industry. Please cite work and provide at least one image.
Boone Pickins
Better Place
Will The Electric Car Finally Succeed?
Israel to Get Battery Car Swap Stations TECHNOLOGY REVIEW (July 6, 2011)
Mercedes Reject Battery Swapping (March 9, 2009)
http://www.teslamotors.com/
Alternative Fuel Debate
http://www.pluginamerica.org/

or

Create a BLOG post that answers the question- Elephants, Rhinos and the Ivory Trade.
1. Bottom line- Who do you think is MOST responsible for the recent high death toll of elephants? Explain.
2. Read the following stories and create a Blog Post that describes 5 things you learned and find interesting about Elephant conservation or the Ivory business. Please cite work and provide at least one image.
Read about the latest developments in the poaching of elephants and the ivory trade.
Illegal Ivory Trade NYTIMES
Should We Legalize Trade of Ivory to Save Animals? DISCOVERYNEWS (March 2, 2012)
The Ivory War NYTIMES Video (7:01)
Cost of Ivory 60 Minutes (12:19)
Can Hunting Endangered Animals Save The Species? 60 Minutes (13:39)
WED, OCT 31
IN CLASS:
Swing State Tracker NYTIMES
Who Killed The Electric Car?
HOMEWORK:
Complete test corrections by friday 2:30pm
MON, OCT 29
IN CLASS
Test- Supply & Demand (From Oct 9)
HOMEWORK:
none
THR, OCT 25
IN CLASS
Seminar-Naked Economics- Chapter 2
HOMEWORK:
Study for Test- Supply & Demand
Here is a Economics Study Aid
TUE, OCT 23
IN CLASS
Walmart Plans To Accelerate Small Stores Growth to Compete with Dollar Stores (Oct 10, 2012)
Middle School Girls

Barry Shwartz- The Paradox of Choice TEDTALKS (19:41)
Go to your Blog and compose a post with the title "The Paradox of Choice." Answer the following questions:
Everything Is Amazing & Nobody's Happy

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?
HOMEWORK:
Prepare for seminar on Naked Economics- Chapter 2
FRI, OCT 19
IN CLASS:
Lecture- Supply
Flavorists ( 13:52) 60 Minutes Tweeking tastes and creating craves
HOMEWORK:
Read Naked Economics- Chapter 2
WED, OCT 17
IN CLASS:
I will be away for the freshman geology field trip.

Students will watch the movie on Wal-Mart.
Is Wal Mart Good For America? FRONTLINE

HOMEWORK:
After watching the Video on Is Walmart Good For America? please go to your blog and compose a post that answers the following questions:
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 and innovations that have allowed Wal-Mart to become so profitable and successful.
4. In your opinion- is Wal-Mart good for America? Explain.

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, OCT 15
In Class:
Lecture- Demand
Bacon Shortage? Baloney. Still, Expect Prices To Rise CBS (Oct 1, 2012)

Complete Blog on Election 2012

Homework:
Read the rest of Chapter 2- Supply & Interaction of Supply and Demand (p.48-66) and take notes using the reading guide below.

THR, OCT 11
In Class:
Quiz- Credit Cards
1 .Electoral Map NYTIMES (Sep 2012)
2. Money Race 2012- Compare Candidates NYTIMES (Sep 2012)
3. Swing States Polls NYTIMES (Sep 2012)
4, Unemployment Oct 5, 2012 5 Ways to Look at Unemployment NPR Planet Money Oct 4, 2012
5. Debate Recap ABC News
6. Slide Halted in Swing States REUTERS
7. Obama vs Romney on Gay Issues CSM
8. PAC's Attacks give positive Campaign a Black Eye PPH (Oct 10, 2012)
9. Compare Candidates on Issues CNN

Write a Blog Post with the title: Election 2012
1. Political Party- identify the logos for the Democratic and Republican Political Parties. (identify each party's colors) Upload an image for each.
2. Identify the two Presidential Candidates. Identify their political party, include a picture
3. Swing States- Identify important states to this election and describe why swing states are important. Include an image that shows swing states.
4. Election Facts- Identify 5 important and newsworthy stories that have been important to this election. (cite your work)
5. US Senate Election- Identify the 3 candidates running for US Senate in Maine. Identify their party, include a picture.What do the polls show about the vote? (Cite your source)
6. Maine Senate District 11- Identify the candidates, find a picture of each, and indicate each candidate's party. Why is this an interesting and important race? PAC's Attacks give positive Campaign a Black Eye PPH (Oct 10, 2012)

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.

TUE, OCT 9
IN CLASS:
How to Avoid Getting Ripped Off at the ATM NPR Planet Money
The Card Game FRONTLINE


HOMEWORK:
Study for a quiz on Credit Cards and Debit Cards

Columbus Day

THR, OCT 4
In Class:
Town of Yarmouth Maine
Pretty Route 1: Yarmouth Gets Ideas PPH (Sep 28, 2012)

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 2011 Annual Report.
2. What is your reaction to the town's plans to rethink and reshape Route 1?
Homework:
none
TUE, OCT 2
In Class:
Seminar- Naked Economics- Chapter 1- The Power of Markets
Mac Users Pay Higher Prices ABC News (2:51)
Homework:
FRI, SEP 28
In Class:
USA Today- Best Colleges 2012
Read the text from Naked Economics- Chapter 1- The Power of Markets and prepare for a seminar next class.

Homework:
Seminar- Naked Economics- Chapter 1- The Power of Markets- Who feeds Paris?
WED, SEP 26
In Class:
Go to the class Blog and construct a new post with the title: Is College Worth it?
How do economists place a value on a college education?
Is College Worth It? TIME
Don't Think College Is Worth It? Ask People Who haven't Gone NYTIMES
Freakenomics Goes to CollegePart I (30:00min) What's a college degree really worth these days?
Listen to the interview with Karl Rove and Steve Levitt (listen to the last 15:00min)
http://diplomamakers.com/

OR

Go to the class Blog and construct a new post with the title: College Majors?
After reading the following articles- what do you learn about College Majors?
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 (2012)

Freakenomics Goes to CollegePart II (30:00 min) College tends to make people happier, healthier, and wealthier. But how?
Create a worksheet that asks questions and get's at the heart of these stories. What is the hidden economic principal of this story?

Homework:
none
MON, SEP 24
In Class:
Campaign 2012- 60 Minutes (Interviews with Mitt Romney and President Obama.)

Homework:
Complete your Blog Post on President Obama and Mitt Romney
THR, SEP 20
In Class:
Review Text: CH1 part 2 (12-24)
New Trans-Pacific Trade Deal Ignites Fears of Jobs Loss McClatchy

Opportunity Costs- College
Tough Times For Graduates - Newsweek (May 29, 2011)
For Graduates, A Shrinking Payoff- NYTIMES (Aug 31, 2011)
College Board
College Prowler
Rising Cost of College NYTIMES (Nov 29, 2011)
In Education, The Earlier The Better PPH (Apr 17, 2011)

HOMEWORK:
Go to the class Blog and construct a new post with the title: What about College? Using all of the resources we have examined in class and the website What will College Run You? (CNN, 2010) write well thought-out answers to the following questions:
1. Explain the challenges being faced by college graduates. Use statistics and examples (cite your work)
2. Look up the costs of 3 different colleges you are considering attending.
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 in the next 10 years?
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?
- Using the concept of opportunity cost, describe how your decision makes economic sense and why.
TUE, SEP 18
In Class:
Gap Between Rich & Poor Widens PPH (Sep 13, 2012)
Review Text CH1 part 1 (3-12)
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
Population Reference Bureau
Homework:
Complete Economic Text CH1 part 2 (12-24)


FRI, SEP 14
In Class:
Lecture- Economic Way of Thinking
Where Does the Money Go? US Department of Labor (April 2009)
Mainers Gain on Oil-Free Objective PPH (Sep 12, 2012)
Downeaster to start to Brunswick Nov 1 PPH (Sep 12, 2012)
New Balance May Close WCSH6.com
Hand-out Economics Text Books.
Read Text CH1 part 1 (3-12)



Homework:
Complete Economic Text CH1 part 1 (3-12)
WED, SEP 12
In Class:
Seminar- Cuts, Tax Hikes, Politics

Homework:
Write a Blog Post with the title All Politics is Local.

Thomas "Tip" O'Neill, Jr. (December 9, 1912 - January 5, 1994) was Speaker of the United States House of Representatives and he once said " All politics is local." The phrase, "All politics is local" has since become a common phrase in U.S. politics. This phrase encapsulates the principle that a politician's success is directly tied to their ability to understand and influence the issues important to their constituents. Politicians must appeal to the simple, mundane and everyday concerns of those who elect them into office.

Where do you see the principal of "All politics is local" in action by the politicians from Maine?
MON, SEP 10
In Class:
1. Candidate Match 2012 USAToday
2. 1.5 Million Bond Turf Field Forecaster (Aug 2012)
3. Buffett's Muni-Bond Move WSJ (Aug 2012) (5:49)

Blog Post- Globalization and Challenge to America. Add a cartoon 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/

Homework:
Seminar- "Cuts, Tax Hikes, Politics" by Andrew Taylor. Actively read this article and identify most important information. Using Bloom's Taxonomy identify 10 questions that get at the "heart" of this article. Identify one "loose end" in this article that you would like to know more about.
THR, SEP 6
In Class:
Bookmark the class website and blog
Economic Literacy Test

2.Electoral Map NYTIMES (Sep 2012)
3. Money Race 2012- Compare Candidates NYTIMES (Sep 2012)


Homework:
Read "Globalization: The Challenge to America" by Thomas Friedman. Answer the questions on the worksheet and consider how this event will effect your future.
TUE, SEP 4
In Class:
"Actively Read" the article below on Gas Prices in Maine. Underline important points, make notes in the margins, write questions. What is the thesis of his article? What do you think are his most compelling points? What do you think are his most interesting points? How does this change your economic thinking?


http://www.mainegasprices.com/
Republican National Convention NYTimes
Here is the Course of Studies Guide:


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
How America's Losing The War on Poverty NPR (Aug 30, 2012) 11:29 America Losing The War on Poverty PPH (July 23, 2012)


Homework:
1. "Actively Read" Economics 101- be sure to understand the basic economic vocabulary and concepts of:
consume, scarcity, goods, services, supply, demand, capital, credit, debt, interest, stocks. Answer the "Think About It" questions on page 8.
Jig-Saw Economic Readings: Students will read about an economic story from the summer.
1. Summarize the issue 2. Identify the major constituencies involved 3. Describe how it gives us
insight into our "economic way of thinking" 4. look-up a few "loose ends" or questions you have from the reading.
Wealth Redistributed: Two Visions Of America Clashing PPH (Sep 19, 2012)
Grim Picture of Maine's Economy PPH (Sep 20, 2012)
Politically, Poll Reveals Differences in Maine's Districts PPH (Oct 2, 2012)
Self Destruction of the 1% NYTIMES (Oct 2012
Strong Start For Tourism in Maine PPH Sep, 4, 2012
On Job Gains, both Sides in the Right PPH Sep 6, 2012
1.5 Million Bond Turf Field Forecaster (Aug 2012)
$1 Billion awarded to Apple
Buffett's Muni-Bond Move WSJ (Aug 2012) (5:49)
Swing States Polls NYTIMES (Aug 2012)
The Giant Pool Of Money - NPR (May 29, 2008) 1hr
Planet Money NPR (Aug 2012)
An Eye For Retailing NYTIMES (Aug 2012)
Campaign-Finance NYTimes (Aug 2012)
Comparing Candidates on Medicare NYTIMES (Aug 2012)
Colleges Offer More Courses Aimed At Job Market Miami Herald (Aug 29, 2012) Launch Pad
Recession Hitting Millenials The Hardest Los Angeles Times (Aug 29, 2012)
Middle Class Losing the Battle For a Better Life PPH (Aug 23, 2012) The Shrinking Middle Class NBC News Video (1:41)
America's Middle Class is Shrinking. Who Is To Blame? Mail On LIne (Aug 2, 2012)
Lost In Recession, Toll on Underemployed and Underpaid NYTIMES (June 18, 2012)
U.S. Recession Takes Worst Toll on Middle Class Washington Post (Aug 12, 2012)
The New American Household: 3 Generations and 1 Roof CNN MONEY (April 3, 2012)
Gas prices hit record high for same date in August PPH (Aug 21, 2012) Gas Prices Rise ABC News Video (1:21)
Gasoline Prices Again Take The High Road PPH (Aug 11, 2012)
Low US Crop Estimate Heightens Food Crisis Concerns International Business Times (Aug 10, 2012)
Maine Lobster Returns to Canada PPH (Aug 11, 2012) Lobster Dispute Hits Boiling Point PPH (Aug 9, 2012)
When Gen Y Thinks Engine, it's to Search PPH (Aug 8, 2012) Portland at Forefront at Decline of Car Ownership PPH (July 26, 2012)
Starbucks Adds Phone Pay Option PPH (Aug 9, 2012) Starbucks Mobile Applications
Super Drainers Cause Problems In Yarmouth PPH (Aug 9, 2012)
Facebook Won't Save US by Niall Ferguson The Daily Beast (July 30, 2012) Blame Wall Street for Facebook's IPO Debacle The Daily Beast (May 24, 2012)
GE Builds Green Testing Ground for Corporate Fleets Minneapolis Star Tribune (June 5, 2012)
Companies Adopting Oil Alternatives PPH (June 1, 2012)
Nike To Sell Umbro, Maine Based Cole Haan PPH (June 1, 2012)
Exports Help Maine Lumber Company Thrive During Recession PPH (May 22, 2012)
32 Innovations that will change your tomorrow NYTIMES (June 1, 2012)
Why J.C. Penny Will be the Most Interesting Retailer of 2012 FORBES (Jan 26, 2012) J.C. Penny Announces Changes in Pricing Again PPH (July 27, 2012)
Who Moved My Cheese? PPH (July 29, 2012)
How America's Losing The War on Poverty NPR (Aug 30, 2012) 11:29 America Losing The War on Poverty PPH (July 23, 2012)
In Global Economy Nations Sinking Together PPH (July 23, 2012) Global Economy at Risk as US, Europe, and Asia Slow Guardian (June 4, 2012)