CLASS BLOG

THR,
JUN 12

8am Final Exam

The Millenials Are Coming 60 Minutes (12:30)
Dan Ariely: What makes us feel good about our work?(20:26)
Identify how Mr Ariely has characterized the different ways Adam Smith and Karl Marx approached economic production? How does he think the new "knowledge economy" has flipped our understanding of a better economic system? What motivates people to work hard? Where can you connect this to your own life?
TUE,
JUN 10
Classwork:
Wall Street
Homework:
Create a Blog Post with the Title Wall Street.
1. Please summarize what you think is the turning point of this story.
2. What do you think is the moral of this story?
3. How does this story pertain to your own life and the decisions you will make as you try and establish your own career?
4. Please provide an image with a caption from a scene in the movie.
FRI,
JUN 6
Classwork:
Wall Street

Homework:
Read the following stories about insider trading or stock manipulation on wall street. Identify the key passage and information and post them on your Blog. Summarize and include an image.
Martha Stewart Insider Trading Scandal USAToday
Jonathan Lebed Stock Manipulator NYTimes
WED,
JUN 4
Classwork:
Practice Quiz- Investment Vocabulary
Complete this worksheet on Asset Allocation


Homework:
MON,
JUN 2
Classwork:
Review Investment Vocabulary

Review Sectors of Investment

Homework:
Re-balance your portfolio taking into account the different sectors of the economy.Write notes in your investment portfolio. Study your investment vocabulary and be prepared for a quiz.
THR,
MAY 29
Classwork:
LAST Day of Classes For Seniors

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 4 different Companies taking 250,000 positions. Select both Value & Growth Stocks. Join our Group YHS Econ Semester 2 2014.
http://www.smartstocks.com/
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)
Amazon
Homework:
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 approximately 250,000 positions. Select both Value & Growth Stocks. Create an investment portfolio in GoogleDocs with the Title.Lastname.2W and share it with me. Write a brief description as to why you bought the company. Join our Group YHS Econ Semester 2 2014.
http://www.smartstocks.com/
TUE,
MAY 27
Classwork:
No Juniors- Seniors complete Basic Stock Market Worksheet
Homework:

MEMORIAL DAY WEEKEND

THR,
MAY 22
Rent or Buy? The Math is Changing NYTimes May 21, 2014
What is Stock?

How the Stock Market Works for Dummies (9:13)

Homework:
New York Times
Wall Street Journal

TUE,
MAY 20
In Class:
YEP Presentations
Lynn Hynes
Amy Williams
Homework:
FRI,
MAY 16
In Class:
YEP Round Table
Amy Williams
Chris Kyle
Homework:
WED,
MAY 14
In Class:
Complete all sections of the project
Start Key-Note
Start Website
Start Hand-outs
Homework:
MON,
MAY 12
In Class:
Complete monthly operating budget and projected monthly revenue.

Homework:
THR,
MAY 8
In Class:
AP Literature Exam
Complete- Start up costs, Market analysis and Company Description.
Homework:
TUE,
MAY 6
In Class:
1. Strategy and Implementation- Start-up plans and expenses, time-line on the building, the making, the costs, the marketing & selling
2. Begin Financial Spreadsheet- "Start Up Costs"
Homework:
Work on Financial Spreadsheet- "Start Up Costs" and

FRI,
MAY 2
In Class:
Work on all phase of project. Students Should work on their own Google Doc and complete their work before pasting it to the Final Group Document
1. Make sure each Section has a proper title
2. Be sure to write your name below the title for 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.
4. For your first page Create a Resources Page with a BIBLIOGRAPHY of Links to relevant resources and BRAINSTORM Notes.
Homework:
WED,
APR 30
In Class:
FOCUS: Finalize Surveys and send them out
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)

In Class:
Pine Tree Zones tax breaks costing state more than they deliver PPH April, 2014
E-cigarette industry in FDA’s crosshairs PPH, 2014
Start YEP Project


32 Innovations that will change your tomorrow NYTIMES (June 1, 2012)
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.2W. 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.2W. 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.


MON,
APR 28
Please open this Google doc (make a copy and share with Mr. Pearl) and follow the directions on the page.

APRIL VACATION

WED,
APR 16
In Class:
Thank You For Smoking
Homework:
MON,
APR 14
In Class:
If Wal Mart Paid a Living Wage (2:01)
Thank You For Smoking
Homework:
Are E-Cigarettes Dangerous? CBS (6:00)
Tobacco Master Settlement Agreement Wikipeadia
The E-Cigarette Industry, Waiting to Exhale NYTimes Oct 2013
Going Smokeless 60 Minutes(12:42)

http://www.vitacig.org/

On Your Blog Under the Title E-Cigarettes or SNUS post the following:
1. Please identify (2) two graphics or Cartoon on e-cigarettes or SNUS
2. Please create (2) two LINKS to reliable and informative articles about e-cigarettes. Using MLA Format.
THR,
APR 10
In Class:
Test Chapter 2
Homework:
TUE,
APR 8
In Class:
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, 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.
Homework:
Study for Test
Change in Demand and Shift of the Demand Curve (5:58) Econ Girl
Changes in Supply and Shift of Supply Curve (2:49) Econ Girl
FRI,
APR 4
In Class:
Seminar- Naked Economics: Incentives Matter
WED,
APR 2
Most of the Class Absent for Science Augmentation
Homework:
Read Naked Economics and Study for Test
MON,
MAR 31
In Class:
Maple Syrup Cartel NYTIMES and OPEC
Tar Sands Oil Bangor Daily News (2:00)
Tar Sands Oil in South Portland PPH Oct, 2013





Flavorists ( 13:52) 60 Minutes Tweeking tastes and creating Craves
What insights do you gain into the food industry after watching this story? What is the perfect flavor?
Homework:
Read Chapter #2 Naked Economics: Incentives Matter
Prepare for Seminar Next Class

THR,
MAR 27
In Class:
Lecture- Supply
Changes in Supply and Shift of Supply Curve (2:49) Econ Girl

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:
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:
Complete your Blog Post on Barry Shwartz
Bring Naked Economics book to next class.
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)
TUE,
MAR 25
In Class:
Bring Permission SLIPS for Movie
Everything Is Amazing & Nobody's Happy
Lecture- Demand
Wings by Macklemore (5:30)
Walmart Plans To Accelerate Small Stores Growth to Compete with Dollar Stores (Oct 10, 2012)
Middle School Girls
Change in Demand and Shift of the Demand Curve (5:58) Econ Girl
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
FRI,
JAN 21
In Class:
Pearl Out- World Religions Field Trip

Bring Permission SLIPS for Movie
WED,
MAR 19
In Class:
Review Card Game & Personal Debt Crisis in America
How to Avoid Getting Ripped Off at the ATM NPR Planet Money
Visa & MasterCard want Microchips
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.

Here is a study Guide for Demand Curve
MON,
MAR 17
In Class:
Students will take the Test- Chapter 1, Naked Economics Chapter 1. Please make sure the students are only sitting one student at each table. Please collect and keep secure all tests. When students have completed the test they may start their homework. The homework is posted on the class wiki. They will need to use earphones to take to listen to the movie.
Homework:
Bring your text book to next class.
Students are to watch the movie on the Credit Card Industry and take notes on the worksheet handed out in class.
The Card Game FRONTLINE
Watch the Film Card Game

FRI,
MAR 14

NO SCHOOL- Long Weekend

WED,
MAR 12
In Class:
Naked Economics Seminar
Homework:
Study for Test- Chapter 1
Check Googledocs for the lecture on Chapter 1.
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, Revenue, Debt, Deficit, Debt Ceiling, Default, Interest Rate, Social Security, Medicare, Medicaid, Baby Boomer.
MON,
MAR 10
In Class:
Review for Test.
Homework:
prepare for Seminar
THR,
MAR 6
Maine economy may feel effects of Canadian dollar’s decline Press Herald March 3, 2014
Examine Report from Town of Yarmouth
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 2012 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
Is It Time to Unplug Wyman Station? PPH Feb 2013
Largest Power Plant in Maine Up for Sale PPH May 1 2013
Soot No Longer an Issue because plant rarely runs PPH Feb 2013
Plan to boost supply of natural gas would reverse flow of pipeline in Maine Press Herald Feb, 2013
TUE,
MAR 4
In Class:
Federal Budget Brake-down 2013 National Priorities Project
Taking apart the federal budget WASHINGTON POST
Seminar on Federal Budget and Debt Limit
NetFlix & Comcast LA Times Feb 24, 2014
Maine bill calls for giving limited dental coverage to adults getting MaineCare Press Herald Feb 24, 2014
Homework:
Read the text from Naked Economics- Chapter 1- The Power of Markets and prepare for a seminar Monday

~ MAXIMIZING UTILITY IS NOT SYNONYMOUS WITH ACTING SELFISHLY
~ FIRMS TRY TO MAKE AS MUCH MONEY AS POSSIBLE
~ BARRIERS TO MARKETS
~ PRICING STRATEGIES
~ THE MARKET ECONOMY IS A POWERFUL FORCE FOR MAKING OUR LIVES BETTER BUT
AT THE SAME TIME, THE MARKET IS AMORAL
~ BECAUSE WE USE PRICES TO ALLOCATE GOODS, MOST MARKETS ARE SELF-CORRECTING
~ IF WE FIX PRICES IN A MARKET SYSTEM, PRIVATE FIRMS WILL FIND SOME OTHER WAY TO COMPETE
~HOW IS PUBLIC POLICY LIKE A BOWL OF CASHEWS?
~IS MARKET CAPITALISM A GOOD SYSTEM? “market economics is what democracy is to government”
FRI,
JAN 28
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.

Homework:
Read and be prepared to discuss in a seminar format:
Congress set to pass rare bipartisan budget Press Herald Jan 15, 2014
Massive federal spending bill has benefits for Maine Press Herald Jan 15, 2014
House Approves Higher Debt Limit Without Condition NYTimes Feb 11, 2014
WED,
JAN 26
Review Chapter 1: Part 2
Left vs Right Infographic
Homework:
Go to the class Blog and construct a new post with the title: What about College?
Using all of the resources below each question to help you answer them.
1. Explain the challenges being faced by college graduates. Use statistics and examples (cite your work)
Is College Worth It? TIME
Where Maine Students go to College- Interactive Press Herald
New data suggest college degree pays off Press Herald Feb, 2013
For Graduates, A Shrinking Payoff- NYTIMES (Aug 31, 2011)
2. Look up the costs of 3 different colleges you are considering attending.
What will College Run You? (CNN, 2010)
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?
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? This Video will help you remember the concept of Opportunity Costs. Video- Opportunity Costs (3:39)

5. Add a graph or an image (or a cartoon http://www.cagle.com/) with citations & a captions.
MON,
JAN 24
Review Chapter 1: Part 1
Scarcity- Gold Rush & Mr Pearl's Hermes Scarf - Newsweek (April 17, 2011)
What recession? Luxury goods are booming (2:53) MSN Dec 20, 2011
Painting a Profit: 10-Year Boom Ahead for Art? CNBCFeb 2013
Scream Sale $119 Million
Dollar Shave Club
Carstache
Homework:
Read CH 1 Part 2 pages 12-24 and complete thinking questions

FEBRUARY VACATION

THR,
FEB 13
No Class- Snow Day!
TUE,
FEB 11
In Class:
Quiz- Globalization
Homework:
Read Text CH1 Part 1 (3-12)

FRI,
FEB 7
In Class:
The 2014 Tax Brackets
Income Tax Rates
Where Not To Die In 2012
Minimum Wage Debate- John Stewart (4:59)
Should We Raise The Minimum Wage? (3:48) John Green

One Second on the Internet
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 T-Shirt) 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/
Go to the Blog here: ECON BLOG

Quiz next class
WED,
FEB 5
No Class- Snow Day
MON,
FEB 3
In Class:
Read "Globalization: The Challenge to America" by Thomas Friedman. Answer the questions on the worksheet and consider how Globalization will effect your future.

Review Thomas Friedman's Globalization.
30 Days- Outsourcing (45min) or The Other Side of Outsourcing (45 minutes) by Thomas Friedman
Please read the following article and take notes on the worksheet provided.

Homework:
Planet Money Makes a T-Shirt NPR Dec, 2013

THR,
JAN 30
In Class:
10 Startling Facts Washington Post
Family Budget Calculator Huffington Post
Interactive Map on Poverty NYTimes
Interactive Map on Uninsured NYTimes

Homework:
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. What do we learn about poverty from this section?
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
Optional interesting story:
How America's Losing The War on Poverty NPR (Aug 30, 2012) (11:29)
TUE,
JAN 28
In Class:
Here is the Course of Studies Guide:

Lecture- Economic Way of Thinking

Create a Blog with the Title: Hard Times Generation
Hard Times Generation- Homeless Children (14:04)
1. Write the thesis of the production. This is a somewhat complex statement with a few different parts.
2. List the three most compelling facts or quotes that you saw in the video?
3. Find a graph on Childhood Poverty and upload it to your blog. Cite your source with a link.
Homework:
Blog Post:
Why did you select this economics class?
What are you most interested to learn this year?
What are your goals for this course?