ECONOMICS- SEPTEMBER, 2021
DATE

Information/Activities/Projects and Assignments

TUE

9/21

BELLRINGER: None for today, we start right into LEARNING HOW TO MAKE MONEY FROM THE PROFESSIONALS!

WE HAVE WATCHED THE EASY STUFF, NOW WE GET SERIOUS AND WATCH:

MON

9/20

BELLRINGER: Time to do a little research on our STOCKS! Please complete the FIVE SECTORS STOCK SELECTION THINKING SHEET.

We review some video tutorials regarding our STOCK MARKET COMPETITION. A few of these are very basic, but there is some good information here. By the end of these videos, you should understand the following concepts: INVESTING, STOCKS, DIVIDENDS, EPS and P/E RATIO.

ONCE WE WATCH THE EASY STUFF, WE GET SERIOUS AND WATCH:

FRI

9/17

BELLRINGER: We form some teams for our upcoming STOCK MARKET CHALLENGE. Please form yourself into teams of 4 or 5. Consider your goal- Crushing the competition with your research and purchasing prowess. Once you have a team put together, please come up with a (SCHOOL APPROPRIATE) name for your team and review the STOCK MARKET TEAM ROLES sheet. Let Mr. B. know your team members, roles and team name on an INDEX CARD.

THEN, AS A TEAM DO SOME RESEARCH TO ANSWER THE FOLLOWING QUESTIONS. WRITE YOUR TEAM'S ANSWERS ON THE BACK OF YOUR NOTE CARD!

  1. WHAT IS EPS?
  2. HOW IS EPS CALCULATED?
  3. WHAT IS A GOOD EPS RATING FOR A COMPANY WHEN CONSIDERING INVESTING?
  4. WHAT IS ONE AMERICAN COMPANY WORTH INVESTING IN, BASED ON THIS RATING? WHAT DOES THIS COMPANY DO? (product, service, etc.)
  5. What is a DIVERSIFIED PORTFOLIO?

We review some video tutorials regarding our STOCK MARKET COMPETITION. A few of these are very basic, but there is some good information here. By the end of these videos, you should understand the following concepts: INVESTING, STOCKS, DIVIDENDS.

If we have time, we review:

THU

9/16

BELLRINGER: WE'RE GONNA DO SOME ECONOMICS TODAY! HECK YEAH!

PLEASE OPEN THIS PROFITS PRACTICE QUESTION AND MAKE A COPY OF IT IN YOUR GOOGLE DRIVE. WE WILL BE COMPLETING IT AT THE START OF CLASS TODAY.

YOU WILL ALSO BE TAKING SOME NOTES ON THIS, SO GET OUT YOUR NOTEBOOKS OR YOUR NOTES PAGES!

IMPORTANT TERMS TO KNOW: FIXED COSTS, VARIABLE COSTS, PROFIT, REVENUE, MARGINAL COST, MARGINAL REVENUE.

WORK DAY: We start to look at HOW TO ACTUALLY MAKE MONEY:

TUE

9/14

BELLRINGER: We are about to talk about MAKING MONEY. What do we know about making money? Please complete THE MAKING PROFIT THINKING SHEET.

WORK DAY: We finish looking at the CONSUMER! We review the following. Please note, these lectures are getting a little more and more difficult. Please stay attentive, or you will be hopelessly lost. I would TAKE NOTES!:

We start to look at HOW TO ACTUALLY MAKE MONEY:

MON

9/13

BELLRINGER: Time for the Monday Quiz. This one is a little different. Please complete the FLOWERS AND LOVE ECONOMICS ESSAY QUIZ.

WORK DAY: We continue looking at the CONSUMER! We review the following. Please note, these lectures are getting a little more and more difficult. Please stay attentive, or you will be hopelessly lost. I would TAKE NOTES!:

FRI

9/10

START OF CLASS: Complete the OPPORTUNITY COST THINKING SHEET.

WORK DAY: We continue looking at the CONSUMER! We review the following. Please note, these lectures are getting a little more and more difficult. Please stay attentive, or you will be hopelessly lost. I would TAKE NOTES!:

THU

9/9

START OF CLASS: We EXPLORE UTILITY with a CONSUMPTION EXERCISE. Please form groups of THREE or FOUR members and get ready for our experiment. Your group will need to nominate ONE MEMBER to be the consumer. This person will be eating or drinking goods for this experiment.

WORK DAY: We start looking at the CONSUMER! We review the following:

UTILITY CODES: 1= D, 2= P, 3= O, 4= M, 5= S, 6= R, 7= C

TUE

9/7

START OF CLASS: It is time for our MONDAY QUIZ. For this quiz, please complete the INTERACTIVE PRACTICE regarding SUPPLY CURVE SHIFTS. When you are done, please DOWNLOAD THE SCORESHEET with you name and SEND IT TO MR. B. for grading. This will be a 20 point quiz!

HOMEWORK ASSIGNMENT: The Toilet Paper Project. Please submit your completed inventory at the start of class today. (Here is the news story regarding TP shortages during the Pandemic!)

WORK DAY: We look at the following ECONOMIC ISSUES:

We take a closer look at EQUILIBRIUM PRICING ISSUES. Here is the INTERACTIVE PRACTICE for this lesson. Please send your results for this interactive practice to Mr. B. for grading.

IF WE HAVE TIME: Does the EQUILIBRIUM MODEL WORK?

THU

9/2

START OF CLASS: We analyze Mr. B.'s High School car, the 1972 Volkswagen Love Bug in Tomato Red. Please complete the LOVE BUG THINKING SHEET.

Then, we preview our HOMEWORK ASSIGNMENT: The Toilet Paper Project. Please spend time over this long weekend break to figure out how much toilet paper your household has and how long it will last. Completed inventories are due on TUESDAY. (Here is the news story regarding TP shortages during the Pandemic!)

WORK DAY: We look at the following ECONOMIC ISSUES:

ACTIVITY TIME: Please try the SUPPLY AND DEMAND GAME from SCHMOOP.

TUE

8/30

START OF CLASS: QUIZ TIME- It is the first of MANY Monday quizzes. You MAY use your notes! Please complete the 10 questions on the ECONOMIC DEMAND AND SUPPLY QUIZ.

WORK DAY: We look at the following ECONOMIC ISSUES:

FRI

8/27

BELLRINGER: We analyze some of the SUPPLY and DEMAND information that we have learned recently by considering an Economic Catastrophe that YOU have experienced. Please complete the NO YOLK: SHORTAGES IN THE TIME OF COVID THINKING SHEET. This is a complicated article, so take your time and process what you are reading. If you need help, let me know!

WORK DAY: We discuss the THINKING SHEET. If we have time, we review a video regarding TOILET PAPER during the pandemic.

THU

8/26

BELLRINGER: We try creating some of our own DEMAND CURVES using Google Sheets. Please follow the instructions and complete the ECONOMICS BELLRINGER: BUILDING DEMAND CURVES. This will require you to create 3 different Google Sheets and UPLOAD them along with your completion of the form. This should be easy to figure out as you go. If you need help, see Mr. B.

WORK DAY: We know all about the DEMAND CURVE, now we need to learn about the following:

TUE

8/24

BELLRINGER: First, we discuss CHARITY WITH DIGNITY by analyzing the story of the EGG SELLER.

Then, we try a few economic puzzlers by completing the CARAMEL APPLES AND ORANGES THINKING SHEET.

WORK DAY: We finish our DETERMINANTS of ELASTICITY OF DEMAND. As a check for understanding, we review some Practice Questions afterwards. If you SCREEN SHOT or PHOTOGRAPH a perfect score on these practice questions, I will give you FIVE EXTRA CREDIT POINTS (make sure that I know that it is YOUR SCORE in your photo, not copied from someone else!)

IF WE HAVE TIME: We start calculating the ELASTICITY OF DEMAND FORMULAE. Oh, no! Math!

MON

8/23

BELLRINGER: As a review of the information we covered last week, please complete the DEMAND CURVE QUIZ. This will be a graded assessment and we will be having these almost every MONDAY this semester, as opposed to larger unit tests. You MAY use your notes.

WORK DAY: We review some DETERMINANTS of ELASTICITY OF DEMAND. As a check for understanding, we review some Practice Questions afterwards.

FRI

8/20

BELLRINGER: As a quick review of yesterday, please complete the DEMAND CURVE BASICS THINKING SHEET.

WORK DAY: We review more DEMAND CURVE information, including INCOME vs. DEMAND.

WORDS TO KNOW TODAY: Complementary Goods, Elastic/Inelastic Demand, Income vs. Demand, LUXURY goods, INFERIOR goods.

THU

8/19

BELLRINGER: Mr. Burkhard proves that VANDALISM IS A GOOD THING. While we do this demonstration, please complete the "VANDALISM IS A GOOD THING THINKING SHEET." This will be one of the possible bellringers graded this week, so please put some thought and effort into your answers.

WORK DAY: We tackle the idea of the DEMAND CURVE. First, we discuss some real-world examples, then we analyze a strange economic situation that arose at TARGET last year. PLEASE MAKE A COPY OF THIS GOOGLE DOC INTO YOUR GOOGLE DRIVE. We will be using this to guide us through our lesson regarding the DEMAND CURVE in ECONOMICS.

THE DEMAND CURVE INTERACTIVE VIDEO IS HERE.

HERE IS THE DRAW A DEMAND CURVE GOOGLE DRAWING. It is also linked in the Google DOC.

PRACTICE: Try the STORYLINE TREND GUESSING GAME to see how accurately you can predict a DEMAND CURVE.

We also discuss some different shaped DEMAND CURVES (elastic and inelastic) and some goods that do not always follow the Law of Demand.

TUE

8/17

ECONOMICS SYLLABUS: DUE Friday, 8/20, 15 point assignment.

ECONOMIC Course overview and classroom rules and regulations

LOGINS:

  • Navigate to highlandtechnology.org, BOOKMARK page!
    • Temporary Login for new students: USERNAME: techlab
    • PASSWORD: techlab1
  • Navigate to highlandtechnology.org. Bookmark class page.

DAY ONE ECONOMICS PROBLEM: What about VANDALISM?