Semester+2+2013-2014+2W

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? || JUN 10 || **Classwork:** Wall Street 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. || JUN 6 || **Classwork:** Wall Street 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 || JUN 4 || **Classwork:** Practice Quiz- Investment Vocabulary Complete this worksheet on Asset Allocation JUN 2 || **Classwork:** Review Investment Vocabulary Review Sectors of Investment 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. || 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// **. [] [|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 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// **. [] || MAY 27 || **Classwork:** No Juniors- Seniors complete Basic Stock Market Worksheet 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) [|New York Times] [|Wall Street Journal] || MAY 20 || **In Class:** YEP Presentations Lynn Hynes Amy Williams MAY 16 || **In Class:** YEP Round Table Amy Williams Chris Kyle MAY 14 || **In Class:** Complete all sections of the project Start Key-Note Start Website Start Hand-outs MAY 12 || **In Class:** Complete monthly operating budget and projected monthly revenue. MAY 8 || **In Class:** AP Literature Exam Complete- Start up costs, Market analysis and Company Description. 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" Work on Financial Spreadsheet- "Start Up Costs" and || 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. APR 30 || **In Class:** 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.) 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) || 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. 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. || APR 28 || Please open this Google doc (make a copy and share with Mr. Pearl) and follow the directions on the page. || APR 16 || **In Class:** Thank You For Smoking APR 14 || **In Class:** If Wal Mart Paid a Living Wage (2:01) Thank You For Smoking 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)
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@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. || APR 10 || **In Class:** Test Chapter 2 APR 8 || ** In Class: ** Students will watch the movie on Wal-Mart. [|Is Wal Mart Good For America?] FRONTLINE 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/
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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. 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 // || APR 4 || ** In Class: ** Seminar- // Naked Economics: Incentives Matter // || APR 2 || Most of the Class Absent for Science Augmentation Read //Naked Economics// and Study for Test || 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
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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? Read Chapter #2 // Naked Economics: Incentives Matter // Prepare for Seminar Next Class || MAR 27 || ** In Class: ** Lecture- Supply Changes in Supply and Shift of Supply Curve (2:49) // Econ Girl //
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[|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? 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) || 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 // 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 || JAN 21 || **In Class:** Pearl Out- World Religions Field Trip
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Bring Permission SLIPS for Movie || 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 || 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. 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 //C ard Game // || MAR 14 || = NO SCHOOL- Long Weekend = || MAR 12 || **In Class:** Naked Economics Seminar 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. || MAR 10 || ** In Class: ** Review for Test. prepare for Seminar || 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 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 || 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 Read the text from // Naked Economics // - Chapter 1- // The Power of Markets // and prepare for a seminar Monday
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// ~ // 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” || 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. 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 || JAN 26 || Review Chapter 1: Part 2 Left vs Right Infographic 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)
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5. Add a graph or an image (or a cartoon @http://www.cagle.com/) with citations & a captions. || 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 Read CH 1 Part 2 pages 12-24 and complete thinking questions || FEB 13 || No Class- Snow Day! || FEB 11 || **In Class:** Quiz- Globalization Read Text CH1 Part 1 (3-12) || 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 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
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Quiz next class || FEB 5 || No Class- Snow Day || 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. Planet Money Makes a T-Shirt NPR Dec, 2013 || JAN 30 || **In Class:** 10 Startling Facts Washington Post Family Budget Calculator Huffington Post Interactive Map on Poverty NYTimes Interactive Map on Uninsured NYTimes
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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) || JAN 28 || **In Class:** Here is the Course of Studies Guide: Lecture- Economic Way of Thinking
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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. Why did you select this economics class? What are you most interested to learn this year? What are your goals for this course? ||
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