Senester+2,+2014-2015

=4 WHITE ECONOMICS= June 15 || 10am Final Exam || June 11 || **In Class:** Wall Street Visit this website about Quality Containers of New England .Construct 3 questions to ask them about their business. || June 9 || **In Class:** Wall Street Make 2 stock Trades and Complete Investment Notebook. || June 5 || **In Class:** Complete this worksheet on Asset Allocation Complete Asset Allocation and make 2 stock Trades || June 3 || **In Class/Homework:** 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. || June 1 || **In Class:** The Top 10 Paid Female CEOs AP May, 2015 Ski Resort Expansion- The Balsams Will Your Job be done by a Machine? NPR May, 2015 Robot Telemarketer TIME 2015 Today we start our Stock Market Simulation.You will start with $1 million. The purpose of your portfolio is to create a well-balanced and thoughtful portfolio that will meet your own personal investment objective. Invest into at least 4 different Companies taking 250,000 positions. Select both Value & Growth Stocks and Sectors of Investment. Your ** //Investment Notebook// ** is due Thursday, June 11th at beginning of class. Join our Group ** YHS Econ Sem2 2015 ** with password ** yarmouth ** [] Work on your investment notebook. Hand-out Wall Street Permission Form || May 28 || Last Class for Seniors Quiz- Investment Vocabulary Take the Economic Literacy Test by CEE The Millenials Are Coming 60 Minutes (12:30) Golden Balls videos: Watch this one first , then this one next . //**Steve Jobs**// 1. What is the Thesis of his Commencement Speech? 2. What are the three best quotes he said? 3. Find a Cartoon on Steve Jobs and write a caption. [|Legacy of Steve Jobs] FORTUNE (6:10 min) [|Steve Job's Commencement Speech]- Stanford University 2005 (15:05) "Love What you do." [|Giving Away a Fortune- Bill Gates (13:31min)] || MAY 26 || ** n Class: ** (1) Review Investment Vocabulary (2) Review Value and Growth Stocks @https://novelinvestor.com/asset-class-returns/ (3) Review Sectors of Investment (4) Complete- [|Wall Street Journal] P/E Ratio Explained (1:13) Investopedia Earnings Per Share Explained (1:10) Investopedia Print-Out and hand-in Basic Stock Market Study the following vocabulary terms for a quiz next class. || What is Stock? How the Stock Market Works for Dummies (9:13) Blog Post- What was Wrong with Facebook's IPO? Write a short paragraph on what went wrong with Facebook's IPO? Find a cartoon and explain it. Here is a good article to get you started What the %$#! Happened? CNN Money 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 || MAY 19 || **In Class:** Complete Simulation- Purchasing & Inventory Control, Merchandising, Security & Risk Management, Financing & Business Planning MAY 15 || **In Class:** Work on Price, Traditional Promotion, Email Promotion and Staffing No work- we are "treading" water as 3/4 class is taking A.P. Exams. Begin Retail Simulation- Knowledge Matters Complete Pre-test, and the Tutorial. Work on Marketing Research and Product Complete Place || MAY 7 || AP Spanish in a.m. The Best and Worst Places to Grow Up- NYTimes Interactive We will review Personal Finance- Use The Mint interactive web-quest in Googledocs worksheet: @http://www.themint.org/try-it/ Go to the class Blog and write a blog post with the title // **Personal Finance** //. 1. Identify 5 Things you found the most interesting and important about Personal Finance 2. Write a reflection on if you have found this activity helpful and interesting? || MAY 5 || AP Calculus AB/BC in a.m. Credit Card Debt Calculator Watch This FRONTLINE Video- The Card Game 3 Credit Card Traps That Can Cost You A Bundle 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. || MAY 1 || **In Class:** Construct Jig Saw Chapter 3 Present Jig Saw of Chapter 3 APR 29 || **In Class:** Graded discussion- Naked Economics Chapter 3 || APR 27 || **In Class:** Compound Interest Calculator [|401K Savings Calculator] - Bloomberg 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. **HERE IS AN OVERVIEW OF HOW RETIREMENT FEES COST YOU** [|How Retirement Fees Cost You] (Interactive) 1. List the three fees your 401K may charge you. 2. Describe how the way a “small” fee of say 1.23% can significantly eat away at your retirement. Read Naked Economics- Chapter 2 || APR 15 || **In Class:** Juniors have SAT's Seniors- Study Hall to room 505. none || APR 13 || **In Class:** Test Chapter 2 Start Reading Naked Economics Chapter 2. none || APR 9 || **In Class:** Malcolm Gladwell: Choice, happiness and spaghetti sauce (17:30) [|Everything is Amazing & Nobody's Happy] Start studying for Quiz on Chapter 2 Study for Chapter 2 Test- Supply & Demand and shifts in Supply & Demand Curves, Market Equilibrium, Shortage, Surplus, Substitute Goods, Normal Goods, Inferior Goods, Inflation, Interest, Interest Rates, GDP, Incentives, OPEC, Cartel, Monopoly, Subsidies, Walmart, Amazon, The Paradox of Choice, Flavorists, Big Data, Choice & Spaghetti Sauce. || APR 7 || **In Class:** If Wal Mart Paid a Living Wage (2:01) Wal Mart Raises Salaries Reuters (1:06) TJ Max Raises Wages (0:45) Inside Amazon 60 Minutes (14:08) Amazon Dash Button (1:20) Amazon's New Delhi Delivery (1:36) Amazon Spends and Grows, but Still Wants for Money NYTimes Oct, 2014 The Rich See A Different Internet Than The Poor Scientific American Jan 2013 Write a Blog Post on **Amazon**. Why is the value of Amazon going up and at the same time Amazon is losing money? What is Amazon's strategy and why are investor's (demand for their stock) willing to go along? Bring Your naked Economics Book to next class. || APR 3 || **In Class:** Presenting Supply & Demand 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/
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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. || APR 1 || ** In Class: ** Funny Video Supply & Dance Man! Supply & Demand of Burritos when you adjust price Cartels & Monopolies- OPEC Norway's Oil Investment [|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? Create a a Blog Post with the Title- **//Supply & Demand//** Read your assigned story below and identify where you see supply and demand at work.Summarize your topic and Identify what factors have impact the price, or caused a shift in the supply or demand curve. Include one graphic, map or cartoon and include a caption.You will be presenting this topic next class. 1.Why Americans Like Fake Maple Syrup Washington Post March, 2015 Maple Syrup Cartel NYTimes December 2012 2. Breakfast Sticker Shock Mar, 2014 Dallas News 3. Valentine’s Day Chocolate Will Cost More This Year, as Cocoa Prices Rise NYTimes Feb, 2015 4. Fall in Oil Prices NYTimes Oct, 2014 and OPEC Crude Oil Prices Drop As Saudis Refuse To Cut Production NPR (3:55) 5. Hybrid vessel fuels hope for Portland shipping revival Press Herald October 1, 2014 Looking for Edge: Maine Plunges into Arctic Policy Press Herald March, 2015 6. [|Cup Cake Passion] (CNN, March 2011) [|The Cup Cake Bubble] (Slate, Sept 2009) Extra Resources for Review Supply & Demand & Prices in the Market- Concert Tickets (25:09) Economic Equilibrium & Demand- Basketball Tickets (12:48) || MAR 30 || Lecture- Supply Changes in Supply and Shift of Supply Curve (2:49) // Econ Girl // You may want to watch these to get an in-depth explanation on: The Determinants Of Supply (9:11) 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) || MAR 26 || Lecture- Demand Change in Demand and Shift of the Demand Curve (5:58) // Econ Girl // "Lumberjack Chic" - LL Bean (1:14) 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 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 Supply- Economic Lowdown Federal Reserve Bank of St. Louis (6:53) Law of Supply- Khan Academy Market Equilibrium- Khan Academy || MAR 24 || **In Class: ** Test- Chapter 1 Here is a great story- ‘Frugal’ ex-janitor leaves millions to local library, hospital Yarmouth Superintendent's Letter Income Activity. 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 The Law of Demand- Khan Academy Demand- Economic Lowdown Federal Reserve Bank of St. Louis (6:53) || MAR 20 || **CEP** Seniors go to Mrs Johansen's Room for Study Hall. You may check out with her if you have senior privileges. || MAR 18 || **CEP** || MAR 16 || **In Class:** Graded Discussion on // Naked Economics // Chapter 1 Review for test. Study for Test on Chapter 1 next Wednesday. You can locate the Lecture for Chapter 1 in GoogleDocs. In addition to Chapter 1: Know these terms and their connection to economic current events- Estate Tax, Tariff, Income Tax, Corporate Tax, Capital Gains Tax, Sin Tax, Green Tax (Carbon Tax), Tea Party, GDP, Bonds, Revenue, Debt, Deficit, Interest Rate, Mandated Spending, Discretionary Spending, Social Security, Medicare, Medicaid, Baby Boomer, Challenges facing college students, Yarmouth issue with Wyman Station, For Profit Colleges and Student Loan Crisis, Property Tax, Commercial Tax, Concepts from Naked Economics. || MAR 13 || = NO SCHOOL = || MAR 11 || **In Class:** Students will receive a copy of //Naked Economics// and read Chapter 1- //Who Feeds Paris?//. Next class we will hold a graded discussion (Socratic Seminar) on the content contained in this chapter. In preparation for this discussion students should take notes on the reading using the reading guide below. Here is a description of how the graded discussion (Socratic Seminar) will go.The bottom line is that students should be familiar with the main points discussed in the chapter and be prepared to offer examples from the chapter and better yet, other examples from the real world. Read // Naked Economics // Chapter 1- Who Feeds Paris and be prepared to discuss the content of the chapter next class. || MAR 9 || **IN CLASS:** Examine Town Report from Town of Yarmouth @http://www.bestplaces.net/zip-code/maine/yarmouth/04096 @http://www.yarmouth.me.us/ Property Tax Rates in Cumberland County Mini-Lecture on Bonds and the important role on Assessing property values Yarmouth Voters Narrowly Approve Bond for Turf Field and Town Garage FORECASTER NOV 2012 Towns May Consolidate Assessing Departments FORECASTER Aug, 2013 Yarmouth Residents Divided over Removing Route 1 Overpass BDN Nov 2014 Go to The Blog and Create a Blog Post- ** //Yarmouth Maine// ** 1. List 10 most important __economic__ facts you learned about Yarmouth Maine from reading the Town's 2014 Annual Report. Be specific and descriptive. 2. What is the issue with Wymann Station? How should the town plan to do with regards to 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 3. This is a separate new issue confronting Yarmouth. What is the issue in the story below? What are the two sides of the argument for and against this change? Which do you agree with? Why? Yarmouth at Crossroads with Ailing Route 1 Bridge PPH Nov 2014 || MAR 5 || ** IN CLASS: ** 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. Please Collect at end of class. 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? (Make sure you include entitlement spending, medicare/medicaid, and interest on the deficit) 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 || MAR 3 || **IN CLASS** 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:** Members of Congress Owe $4.6 million in Student Loans 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)__ || FEB 27 || **In Class:** Map: The Most Common* Job In Every State NPR 2015 Will Your Job be done by a Machine? NPR May, 2015 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.  Complete Blog Post || FEB 25 || Review Chapter 1: Part 2  Review Opportunity Cost  This Video will help you remember the concept of Opportunity Costs. Video- Opportunity Costs (3:39)  Comparative Advantage 14 striking findings from 2014 Pew Research Center ** 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 || Review Text CH I Part I Scarcity- Gold Rush & Mr Pearl's Hermes Scarf - Newsweek (April 17, 2011) What makes a diamond priceless? (4:03) Scream Sale $119 Million Dollar Shave Club Carstache Read CH 1 Part 2 pages 12-24 and complete the reading guide. || FEB 12 || **In Class:** Review Taxes Quiz**-** Poverty in America, American Family Budget, Globalization, Minimum Wage and Taxes Hand-Out Text Book Read CH 1 Part 2 pages 12-24 and complete the reading guide. none || FEB 10 || **In Class:** Minimum Wage by State (Federal Minimum Wage is $7.25 per/hr) Should We Raise The Minimum Wage? (3:48) John Green Minimum Wage Debate- John Stewart (4:59) [|As American As Apple Pie] The 2014 Tax Brackets The Difference Between Exemptions, Deductions, and Credits Income Tax Rates Make sure you examine the "Tax by State" feature in the bottom right. Where Not To Die In 2012 Payroll Taxes Property taxes: How does your county compare? CNN ++++++++++ Review From Here ++++++++++++++++ How We Pay Taxes 2014 Atlantic Who's In The Office? The American Workday In One Graph NPR Sep 2014 LePage Tax Plan- PPH Jan 25, 2015 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 One Second on the Internet Internet in China (3:17) Review for Quiz on- Poverty in America, American Family Budget, Globalization, Minimum Wage and Taxes || FEB 6 || **In Class:** What is Globalization? 38 Maps to Explain the Global Economy- VOX One Second on the Internet Internet in China (3:17) Review Thomas Friedman's Globalization Outsourcing and Off-Shoring Watch //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? Planet Money Makes a T-Shirt NPR Dec, 2013 || FEB 4 || **In Class:** Take the Economic Literacy Test by CEE The Shrinking American Middle Class NYTimes Jan 26, 2015 Family Budget Calculator Huffington Post What Percent Are You? NYTimes Interactive Poverty Rate in USA Interactive Map on Poverty NYTimes Interactive Map on Uninsured NYTimes Despite recovery, earning power drops Press Herald July 31, 2014
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Using the resources and notes we reviewed in the last two classes- write a Blog Post. Title- **//Poverty in America//** 1. List 3 of the most important and interesting facts you learned about Poverty in America 2. List 3 of the most important and interesting facts you learned about Middle Class in America 3. List 3 Things you learned about a family's Budget in America. 4. Identify an editorial Cartoon that is related to one of the above topics. Write a caption for the cartoon. 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. || FEB 2 || NO CLASS- Snow Day || JAN 29 || ** In Class: ** Here is the Course of Studies Guide: Lecture- Economic Way of Thinking Watch the following short //60 Minutes// video [|Hard Times Generation- Homeless Children] (14:04) and identify the thesis of the production. An important vocabulary word is **//Foreclosure//** 1. What are the three most compelling facts or quotes you heard in the video? 2. Identify the connection to our study of economics. 3. What is the Unemployment rate today in United States? What is it in Maine? How do these statistics Compare to historical levels? America's Middle Class Middle Class America Works- State Of the Union Jan 21, 2015 Create a Blog Post with the Title- **//Intro to Economics//** Write complete answers to the following questions. 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. || JAN 27 || No Class- Snow Day || 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/ 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) @http://playspent.org/ Personal Family Budget by Mint Beats Cost $14 to Make NYTimes @https://wetheeconomy.com/
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@https://wetheeconomy.com/topics/

Supply and Demand- Holy Donut Supply & Demand Sep 30, 2014 PPH