Mr. Norris

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Your TeacherWeb® subscription expires soon. To renew your site for another year, click here. Economics Trimester 1, Fall, 2009 small medium large Welcome to Osseo Sr. High Economics Page! Use this website to help you get good grades in economics 12 at Osseo Senior High School! Please let me know if there are problems using this site. TEXTBOOK WEBSITE: <a href="http://www.classzone.com/cz/books/econ_cnc/book_home.htm? state=MN">Economics Book Website"</a> ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ ++++++++++ CODE: 2639153-10 **************************************************************************** Final Exam Review Sites: <a href="http://www.minneapolisfed.org/publications_papers/studies/econlit/test.c fm">Minneapolis Federal Reserve Test of Economic Literacy"<a/> <a href="http://www.ncee.net/cel/test/index.php">National Council of Economic Education literacy test"<a/> <a href="http://ecedweb.unomaha.edu/ecedweek/quiz.htm">GREAT NEBRASKAN economic literacy test"<a/> Also, use the book site (see above) for "Chapter Resources" with review materials and tests for Chapter 1,2,3,4,5,6,7,12,13, and others done from class. ************************************************************************* Just what you needed. <a href="http://www.virtualstapler.com/>Virtual Stapler"<a/> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ New Federal Reserve of San Francisco site: <a href="http://www.frbsf.org/econanswers/portal.htm">FRB SanFran Economic Crisis Site"<a/> ************************************************************************* An article about the British government voting on abolishing checks in 2018. <a href="http://www.thisismoney.co.uk/savings-and-banking/article.html? in_article_id=494712&in_page_id=7&in_page_id=7&expand=true">British Government to vote on abolishing checks</a> ______________________________________________________________________________ An article attempting to summarize the two health care bills currently in the Congress. A good summary-no guarantee of accuracy from the management of this site- <a href="http://news.yahoo.com/s/ap/20091128/ap_on_he_me/us_health_overhaul_q_a_c onsumers">Health Care Bill Comparison</a> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Those of you who are beginning to work on a forecast, there is a global concern tonight (Thanksgiving) that you should be aware of. It will affect Friday's stock markets and investment markets worldwide. Dubai is the country with the high spending projects like building a map of the world out of new land reclaimed from the sea. The change in their ability to pay their debt will cause a shudder in world markets. If you wish to watch it, go to Google.com and used the "pull-down" menu to go to Google Finance. Then watch the world markets on the middle right side of the page, and, of course, the Dow Jones average. Email me if you are looking for help on this topic. Mr. N. <a href="http://news.yahoo.com/s/ap/20091127/ap_on_bi_ge/world_markets">Dubai debt Article</a> ******************************************************************** Important article? <a href="http://news.yahoo.com/s/ap/20091126/ap_on_bi_/us_hamster_mania">Christma sCraze?</a> Summarize the economics in the article, using proper economics terms, for a few extra points. ____________________________________________________________________________ Extra Credit from a movie? The film, "Kit Kittridge, an American Girl" depicts life in the Great Depression of the 1930's. Watch, summarize the economics for extra credit. The film, "Cinderella Man", shows life in the 1930's. Summarize the economics. (Note: The film may have an "R" rating--older students only.) ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ A good article about the Jobless Recovery from Robert Reich, Clinton's Secretary of Labor <a href="http://robertreich.blogspot.com/2009/11/great-disconnect-between-stocks- and.html">Jobless Recovery Article</a> __________________________________________________________________________ A site with many indicators: <a href="http://www.bea.gov/newsreleases/glance.htm">BEA State of the Economy Site</a> HINT: Don't forget the "+options" button on Google searches and narrow the range of your dates on searches!! STATE OF THE ECONOMY-November, 2009-Google Presentation Project - Project guidelines and rubric under "Economics Handouts and Worksheets" on this website. Project Due-November 30, 2009. You will work with one (1) other person. Log into your Google Apps account -- Go to the OSH Home Page--> Click on "Research Links"---> scroll down and click on "Moodle"-- --> Enter your user name and password and click "enter"---> On lower right side of screen find "Docs" and click on it--On upper left pull-down choose "Presentation". Now you can start creating your slideshow. To add your partner--click on "Share" on the right side near top and enter their username@apps.district279.org. Be sure to click "to edit". (Just on this first practice piece, you might try adding more than just one partner to see how it works.) (You will get used to this log-in procedure) I would suggest that on day 1, you do a practice "presentation" for you and your partner. Try the system to see how you each can edit. When you start your real project, be sure to invite norrisj@apps.district279.org to edit on your project. 1) Once logged in: Start research for the economy. For the unemployment rate, go to <a href="http://www.bls.gov/">BLS website</a> For the CPI (inflation/deflation) go to <a href="http://www.bls.gov/">BLS website</a> For lessons on this topic, try <a href="www.econedlink.org/lessons">EconEdlink lessons</a> The first few lessons on the list will help on our project . I will be adding a teacherweb resource page for this project. ______________________________________________________________________________ ___________________ Extra credit opportunity: Watch "The Ascent of Money", or a substantial portion of it (it is in 4 1-hour segments) and take notes and summarize. <a href="http://www.pbs.org/wnet/ascentofmoney/">PBS Ascent of Money (watch online)</a> ************************************************************************** If you missed class on 11/18/09 (or want to see it again) we used NPR's "Whiteboard" on "Inflation", which can be viewed at: <a href="http://marketplace.publicradio.org/display/web/2009/09/03/whiteboard- inflation/">NPR Marketplace Whiteboard: Inflation</a> We also were given a 1/2 sheet with Inflation questions. We viewed approximately 20 minutes of the "Ascent of Money", linked above. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ ASSIGNMENT FOR 11/18/2009: Log in to your Google Apps account and get it established so it works for Thursday in the computer lab. How do you do this?? 1) Go to the Osseo Senior High Home Page- 2) Click on "Research Links". 3) Scroll down to "Moodle" and click on the "Moodle" link. 4) Find "Docs" on the lower right side of the page and click "Docs". 5) There will be a "Captcha" image to copy and click on "Accept" lower on the page. 6) Try "Create New" and "Presentation" from the pull-down menu. Now you have activated your Google Docs account. This account can be accessed from any computer by logging to your SchoolUserName@apps.district279.org ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Extra Credit Opportunity: Watch either the online version of I.O.U.S.A. or the full version (from rental) of it, and write up a summary of the premise and information in the film. <a href="http://www.youtube.com/watch?v=O_TjBNjc9Bo">I.O.U.S.A Byte-Sized YouTube version</a> ************************************************************************** Reading for this week: Page 382-387. Page 387, Questions 1-5. Page 396-403. Page 403, Questions 1-5 Unemployment and Inflation handout from class. (((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( Computer Lab Assignment for Friday, 11/13/2009: Go to <a href="http://marketplace.publicradio.org/features/budget_hero/">Budget Hero</a> NOTE: Please use your own headphones, if possible, to avoid too much noise in the lab. You may work with one (1) other person. On a separate sheet of paper, record your three badges, your top three budget cuts and your top three spending priorities. Be ready to defend your choices. At the end of class, be ready to submit your budget and record the debt in 2018, the budget bust year, and the size of the government in 2018 (in dollars). You should circle the badges they achieved with their budgets. Write a short summary of what you learned from doing this activity. Go to <a href="http://www.usdebtclock.org/">National Debt Clock</a> This is a real-time clock of government spending and debt. Write down how much the National Debt is on the day you did this assignment. What is the deficit level? Explain the difference. When you are done--repeat: WHEN you are done-- If you have time, you may try: <a href="http://titan.ja.org/">TitanJa Business Simulator</a> another online economics game, this one related to running a business. ************************************************************************ We had a quiz on Market Structure on Thursday, 11/12/09 and turned in homework. Extra Credit: Rent and watch "Food, Inc." writing notes on the content and decide if you see bias in the film, as discussed in class. Is this film accurate or is it unfair to the food industry? What have you changed in your own food shopping/eating because of this film? Extra Credit: Go to <a href="http://money.cnn.com/magazines/fortune/fortune500/2009/">Fortune 500 Largest Corporations</a> and compare the largest corporations as ranked by Fortune Magazine. Write a description of the corporations that are the largest in the world. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ +++++++++++++++ Class video clips from 11/10/09; <a href="http://abcnews.go.com/Video/playerIndex?id=8999969">monopoly example</a> *********************************************************************** <a href="http://www.youtube.com/watch?v=61GCogalzVc">Perfect Competiton</a> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Please read the following for the first part of next week: Pages 192-194 and write answers to questions 1-5, Page 197. Pages 198-203 and write answers to questions 1-5, Page 205. Pages 206-211 and write answers to questions 1-5, Page 213. ((((((((((((((((((((((((((()))))))))))))))))))))) (((((((((((((((())))))))))))))))((((((((((((((((((())))))))))))))))))) ((((((((((((((((((((())))))) Quiz Friday on Chapter 5, Section 2 and on Business Costs <a href="http://www.youtube.com/watch?v=nQ5APwtB-ig">Cost Video from Class-Puppies</a> <a href="http://www.youtube.com/watch?v=UI-LL8-dVAs&feature=related">Video about the graphs</a> Hand-in: Bookwork, Page 145 M.C. Hammer Sheet Graph Sheet ______________________________________________________________________________ _ For Tuesday, 11/3/09, please read pages 138-145 in textbook and write answers to questions 1-5, page 145. ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Did you miss the guest speaker? You can do the yellow sheet by using her PowerPoint which is uploaded on this site under "Economic Handouts and Worsheets" as "Personal Economics PowerPoint". ************************************************************************** Test Thursday, 10/29/2009 on Chapter 4, Section 3-Elasticity. Also due- Questions 1-5, page 123 and elasticity worksheet(s). ___________________________________________________________________________ For Tuesday, October 27, 2009: Read Pages 116-122 Write answers to questions 1-5 on Page 123 _____________________________________________________________________________ Voice of Democracy Theme: "Does America Still Have Heroes?" Submit by 11/01/09 a 3-5 minute tape of a speech on this topic and a transcript written by you of the speech. For details, go to the VFW website at <a href="http://www.vfw.org/index.cfm?fa=cmty.leveld&did=150">VFW Website: Voice of Democracy> ___________________________________________________________________________ <a href="http://www.youtube.com/watch? v=afBw6FyPf34&feature=pyv&ad=2577783516&kw=economic">Economic Breakdown Song> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Supply/Demand Test THURSDAY, October 22, 2009. All work due in. Computer lab work for Wednesday, October 21, 2009: Find and summarize 3 articles that show examples of supply and demand. For each article please do the following: 1. What is the basic story in the example? 2. Does this show an example of demand or supply changing, or both? 3. What is the effect on price? 4. Which "Shift Factor" is at work? (refer to "shift factor" notes. 5. Sketch the supply/demand graph for your examples, showing the shift of supply or demand. You may wish to start at: <a href="http://www.newser.com/taggrid/25296/supply-and- demand.html">SupplyDemandArticles on "Newser"</a> another set of sites: <a href="http://fastflip.googlelabs.com/search? q=demand+price">FastFlipDemandArticles on "Newser"</a> <a href="http://fastflip.googlelabs.com/search? q=supply+price">FastFlipSupplyArticles on "Newser"</a> ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ ++++++++++++++ Demand/supply shift video <Grease> from class: <a href="http://www.vidoemo.com/yvideo.php?i=R2pNTVNUcWuRpRjEtNFU&supply-and- demand-nights-ap-econ-music-video=">SupplyDemandShiftersVideo</a> For Wednesday, 10/21/09- Read Chapter 6, Section 1 and do questions 1-5 at the end. *********************************************************************** For Wednesday, 10/14/09- Read Chapter 5, Section 1 and write answers to questions 1-5 at the end of the section. Please be ready to have Supply/Demand Questions checked in class tomorrow. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ NOTE: PowerPoint from 10/12/09 class is available on this website under "Economics Handouts/Worksheets". ............................................................................. For Tuesday, October 13, 2009: Read Pages 106-114 in your book and Write answers to questions 1-5 on Page 115. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ +++++++++++++ For Monday, Oct. 12, Read the first section of chapter 4 and do the first 5 questions in the first set at the end of the section. For extra credit: Watch online and analyze the issues in the video pieces below on the topic of the Dutch health care system: http://www.pbs.org/newshour/globalhealth/july-dec09/insurance_1006.html ********************************************************************** For Thursday, Read Chapter 3, Section 3 and find an example of a public good and of a private good and bring the descriptions to class. ))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) Economic Systems Test Wednesday, 10/7/09--Chapter 2- Hand in: Computer Lab work comparing countries with your summary or essay comparing two countries AND Essay: What differences in the economic system of the U.S. and India are shown in the film, Outsourced? ********************************************************************** THURSDAY 10/1/09 COMPUTER LAB: Note: We are in the lab only Thursday. Your work is due on Monday, 10/5/09. The basic thesis is that the Free Market system gives a better quality of life. Support or reject this thesis with facts about the standard of living in at least 2 countries. You should have a short paper as the result and you must have references/sources. With a partner you will choose at least 2 countries of the world, one Free Market and one Command Economy compare their "stats". One country should be in the top 15 on the Heritage Foundation's list. The other should be from the bottom 20. Go to "Economics Handouts and Worksheets" and download the "EconSystemsComparingCountries" sheet Divide up the work and see how life is in the two places. You will use the information and data provided on the Heritage Foundation's Index <a href="http://www.heritage.org/index/ranking.aspx">Index of Economic Freedom</a> and the CIA World Factbook to compare the countries. <a href="https://www.cia.gov/library/publications/the-world- factbook/index.html">CIA World Factbook 2009</a> &&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&&&&&&& Wednesday and Thursday, 9/30/09 and 10/01/09 Computer Lab Project: 1. Start by viewing and taking good notes on the PowerPoint found at <a href="http://www.curriculumlink.org/econ/Downloads/10000.ppt">Economic Systems Powerpoint</a> Your notes will be handed in, and will allow you to recognize the systems found in the countries of the world. 2. View the PowerPoint "Communism Explained" and write about the origins of communism. <a href="http://www.learnhistory.org.uk/website/communism.ppt">Communism Powerpoint</a> 3. Interactive maps- <a href="http://www.globalmuseumoncommunism.org/map_of_communism">Map of World Communism</a> "Open" the map and click on the various continents. Write down where the main communist nations are and were found. Now: 4. Go to the following link and write down a definition of "Socialism": <a href="http://www.worldsocialism.org/articles/">what_is_socialism.php</a> WRITE AN ANSWER: How does Socialism differ from Communism?? (You may wish to search out other definitions of "Socialism" on the web, but be aware that Wiki's and Blogs do not necessarily have safeguards of the truth built into them. 5. Now, go to the "Index of Economic Freedom" posted by the conservative "think tank", The Heritage Foundation. Choose a country from the top 15 and a country from the bottom 15 and compare why this group has ranked that country where it has. <a href="http://www.heritage.org/index/ranking.aspx">Index of Economic Freedom</a> WHEN YOU ARE DONE-AND FOR ************************************************************************* Outsourced - The Movie Explain the following in a short essay (required): What differences in the economic system of the U.S. and India are shown in the film, Outsourced? Also..See "Economic Handouts and Downloads" for extra credit terms. 8********************************************************************* To download or use the Traditional Economy sheet from class, go to the "Economics Downloads" link on the toolbar. It is the bottom link. For the week of 9/21/09: Read in textbook, Pages 38-40 Write answers to Questions 1-5, Page 41 Read Pages 42-46, Write answers, Q. 1-5, Page 47. Read Pages 48 - 55. Write answers Q. 1-5, Pg. 57. &&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&&& For Friday, 9/18/09 Read 24-30 in textbook Write answers to Questions 1-5, Page 31 CHAPTER ONE TEST FRIDAY!!** ............................................................................. <a href="http://www.youtube.com/watch?v=ezOdQUzLVAo&feature=related">PPF Youtube Example"</a> <a href="http://www.youtube.com/watch?v=ZaYSxP13NpI">PPF Youtube example"</a> <a href="http://www.youtube.com/watch?v=0UThFwrCIDs&feature=related">PPF Youtube Strange Example"</a> For Wednesday, 9/16/09: Read in textbook Pages 18-22 Write answers to questions 1-5, Page 23 ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ ++++++++++++ Quiz Friday and all work handed in, stapled together. Read Pages 4-11 Write answers to questions 1-5, Page 11 Read Pages 12-16 Write out answers to questions 1-5, Page 17 For Thursday (and handed in on Friday)- TWO (2) Article Summaries- 1) A Trade Off 2) A current economic issue Or, would you like to view and optionally restore one of these previous versions? Password: Forgot your password?

Mr. Norris

Economics Trimester 1, Fall, 2009

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