TODAY: Roses and Thorns, iPencil, The Business Cycle hard and heavy,  Higher Education Bubble, Hayek & Keynes Round II If Time

Is there really such a thing as home made ice cream?

Why do you think the economy goes up and down instead of just growing?





KEYNESIAN VS. AUSTRIAN ECONOMICS
"Mini Seminars"
Be ready for a one question reflection at the end of the period.

We will be using the "Infographic" as a seminar document. We will be analyzing it in 3 sections.

First Section 

What Drives Growth? Who has the best answer?

Second Section 
What causes the business cycle? Who has the best answer?

Third Section
What causes inflation? Is some good? Who has the best answer?

Be ready for me to call on anyone in your group to share out

Reflection: Who's theory of the business cycle seems most correct?  Why? (Due Tues/Wed February 3rd/4th)

TODAY: Roses and Thorns, Finish Gallery Walk,Test

FINAL FOR THIS CLASS:

Content: Last Unit; Money, Banking, Inflation

TODAY:  Hang Posters, Roses and Thorns, Finals Info, Gallery Walk Groups & Orientation, Gallery Walk

FINAL FOR THIS CLASS:

Content: Last Unit; Money, Banking, Inflation

PERIODS 1, 3, and 4: Tuesday the 27th

PERIODS 6 & 7: Wednesday the 28th

TODAY: Roses and Thorns, Rubric Reminder, Project Work Time, Hang Posters on Wall before the end of the period.

TODAY: Roses and Thorns, Quick Write, Seminar using your group essay, Homework Reminder, Project clarification, Project work time


Quick Write: Describe how the essay for your group project is an example of "The Lesson" that describes a "Good Economist". Uses at least one specific example.

Open seminar by sharing the questions you came up with for your homework, then move on to your quick write and study guide questions.


LAST HOMEWORK OF THE SEMESTER! (Due Thurs / Fri Jan 22/23) Summaries and Articles as described on your project directions.


6th Period Only

Graffiti email

Please respond to these prompts and turn them into Mr. La Greide

1. How do these kinds of actions impact us and our school community?

2. How can we work together to help keep our school safe from vandalism, hate speech and threats of violence?

3. Please share any ideas or information that you may have about any of these incidents. Your insights, reflections and thoughts are important to us as well as your safety. We hope we can work together to make everyone feel safe and respected at our school.

TODAY: Roses and Thorns, Late Work Deadline, Set up for project next week & homework, Seminar Prep, "Mirage of Inflation" Seminar, Reflection

The semester ends Thursday, January 29th. The last day ANY late work will be accepted is Friday, January 16th.

HOMEWORK: (Due Tues / Weds January 20/21) Complete study guide questions for the essay your group has been assigned and come up with a good opening seminar question to start your conversation next week.

LAST HOMEWORK OF THE YEAR! (Due Thurs / Fri Jan 22/23) Summaries and Articles as described on your project directions.




Opening Seminar Question(s)
1. How can Inflation be considered the "Opium of the people"? (end of section 5) 
2. How does Hazlett's example of groups "A", "B", "C" etc. show us an example or "The Lesson"?
3. Can the Federal Reserve System's policy fo having a 2 to 4% target for inflation be good for society?
4. How can inflation be considered a form of taxation?

Just thought all of you would enjoy this.

TODAY: Roses and Thorns, Late Work Deadline, Homework, The Red Pill or the Blue Pill, Fraction Reserve Banking and The Federal Reserve

The semester ends Thursday, January 29th. The last day ANY late work will be accepted is Friday, January 16th.

HOMEWORK: (Due Thurs/Fri January 15/16 "Mirage of Inflation" study guide questions and be ready for seminar.

TODAY: Roses and Thorns, Late Work Deadline, Homework, Continue Money Banking and The Federal Reserve

The semester ends Thursday, January 29th. The last day ANY late work will be accepted is Friday, January 16th.

HOMEWORK:  (Due Tues/Wed January 13/14)  Answer these Checkpoint questions in Ch.13  Sections 2 "Inflation". They are on pages 393 and 394. Be sure you use all the Key Terms on page 391.

HOMEWORK: (Due Thurs/Fri January 15/16 "Mirage of Inflation" study guide questions and be ready for seminar.

1/8&9/2015

TODAY: Roses and Thorns, Finish "Production, Interest, and Time Preference." Quick Write & Homework Check, Start Money Banking and The Federal Reserve

Quick Write: Would you rather have $1000 dollars in U.S. currency or $1000 worth gold in your savings account? Why?


HOMEWORK:  (Due Tues/Thurs January 13/14)  Answer these Checkpoint questions in Ch.13  Sections 2 "Inflation". They are on pages 393 and 394. Be sure you use all the Key Terms on page 391.

01/6&7/2015

TODAY: Roses and Thorns, Seminar Prep & Check Homework, Payday Loan Seminar, Continue, Interest Rates Etc.

Seminar Prep: Answer this question in a short paragraph on a piece of paper that you will attach to your seminar reflection.

Should fees/interest rates on Payday loans be limited by law?

 You must have homework done in order to take part in the seminar.


HOMEWORK:  (Due January 8th/9th)  Answer these Checkpoint questions in Ch. 16  Sections 1 and 2 . They are on pages 483, 484, 486, 490,492, 494. Be sure you use all the Key Terms on pages 481 and 488.

PAYDAY LOANS SEMINAR QUESTIONS.

OPENER: Should fees/interest rates on Payday loans be limited by law?

            

Should payday loans be outlawed?

Should interest rates on loans in general be limited?

What would be the unintended consequences  of the above actions?

01/05/2015

TODAY: Roses and Thorns, Homework, Quick Write, Begin "Production, Interest, and Time Preference."

Quick Write: When might you need, or want, to borrow money?

HOMEWORK: (Due January 6th/7th)
Complete T-Chart for "Payday Loan Seminar" and highlighted text. You must have homework done in order to take part in the seminar.


HOMEWORK:  (Due January 8th/9th)  Answer these Checkpoint questions in Ch. 16  Sections 1 and 2 . They are on pages 483, 484, 486, 490,492, 494. Be sure you use all the Key Terms on pages 481 and 488.

TODAY: Roses and Thorns, Last Day For Late Work, Blog Update, CUBA!, Presentation Prep Time (5 min. while handing back papers), Presentations.

The semester ends Thursday, January 29th. The last ANY late work will be accepted is Friday, January 16th.

TODAY: Roses and Thorns, Finish Labor Unions, TEST

"Project Presentations" Dec. 18/19

TODAY: Roses and Thorns, Labor Unions 
( Per. 3 Seminar Prep and Check Homework, Seminar, Reflection)



TEST: (Dec. 16th & 17th) Entrepreneurs and Labor

"Project Presentations" Dec. 18/19

Seminar Prep: Should the minimum wage be raised, lowered, kept the same, or abolished? 

TODAY: Roses and Thorns, Finish Ch 9 Minimum wage, Seminar Prep and Check Homework, Seminar, Reflection


Seminar Prep: Should the minimum wage be raised, lowered, kept the same, or abolished? 


"MARKETS PROMOTE PEACE" PROJECT MUST BE TURNED IN BY FRIDAY, DECEMBER 12TH. If in digital format send to lagreider@gmail.com

TEST: (Dec. 16th & 17th) Entrepreneurs and Labor

"Project Presentations" Dec. 18/19



Opening Seminar Question(s): Should the minimum wage be raised, lowered, kept the same, or abolished? Look to study guide questions, especially # 5, and #6

12/9 -10

TODAY: Roses and Thorns, Quick Write and Check Homework, (Per. 7 finish "Limited Liablility, Labor.

Quick Write: Why can't employers drive down wages to $1 an hour?

HOMEWORK: (Due December 11th/12th)
Study guide questions for "Minimum Wage Laws" and highlighted text. You must have homework done in order to take part in the seminar.

"MARKETS PROMOTE PEACE" PROJECT MUST BE TURNED IN BY FRIDAY, DECEMBER 12TH. If in digital format send to lagreider@gmail.com

TEST: (Dec. 16th & 17th)Entrepreneurs and Labor

"Project Presentations" Dec. 18/19

TODAY: Roses and Thorns, Homework Reminder, Corporations (Only in class and on presentation. Limited Liability and "Moral Hazard" is the most important concept.) 

HOMEWORK:  (Due December 9th/10th)  Answer these Checkpoint questions in Ch. 9 "Labor Markets" Sections 1 and 2 . They are on pages 254, 257, 258, 265, 267. Be sure you use all the Key Terms on pages 251 and 262.

HOMEWORK: (Due December 11th/12th)
Study guide questions for "Minimum Wage Laws" and highlighted text. You must have homework done in order to take part in the seminar.

"MARKETS PROMOTE PEACE" PROJECT MUST BE TURNED IN BY FRIDAY, DECEMBER 12TH. If in digital format send to lagreider@gmail.com

TEST: (Dec. 16th & 17th)Entrepreneurs and Labor

TODAY: Roses and Thorns, Homework, Project Work Time

HOMEWORK:  (Due December 9th/10th... Answer these Checkpoint questions in Ch. 9 "Labor Markets" Sections 1 and 2 . They are on pages 254, 257, 258, 265, 267. Be sure you use all the Key Terms on pages 251 and 262.

TODAY: Roses and Thorns, Quick Write (Check Homework), Entrepreneurs

Quick Write: Continue the T-Chart from last class by adding "DISADVANTAGED" for both employers and employees.

Friday will be your final work day for your "Markets Promote Peace" Project. Be ready to video or whatever you need to do. Please bring computers if you need them. I might be able to arrange lab times for some of you if needed.

TODAY: Roses and Thorns, Quick Write, Project work time.

Quick Write: Create a T-Chart

HOMEWORK:  (Due December 2nd/3rd) Answer these Checkpoint questions in Ch. 8 "Business" Sections 1 and 2 . They are on pages 224, 226, 232, and 235. Be sure you use all the Key Terms on pages 221 and 229. For section 1 add the Key Term "Risk"

Friday will be your final work day for your "Markets Promote Peace" Project. Be ready to video or whatever you need to do. Please bring computers if you need them. I might be able to arrange lab times for some of you if needed.

TODAY: Roses and Thorns; Homework; Supply, Demand, and Market Forces Test

HOMEWORK:  (Due December 2nd/3rd) Answer these Checkpoint questions in Ch. 8 "Business" Sections 1 and 2 . They are on pages 224, 226, 232, and 235. Be sure you use all the Key Terms on pages 221 and 229. For section 1 add the Key Term "Risk"

TODAY: Roses and Thorns, Seminar Makeup Reminder, Price Elasticity Practice, Sanctions Video, Project Work/Organization Time


Make-up "Price System" Seminar Tues. 11/25 @ Lunch. MUST BRING HOMEWORK. 

Price Elasticity Practice: You are selling coffee.  If you change your price from $2 to $3 and the demand changes from 5000 cups a month to 1000 a month. Calculate the price elasticity (show your work). In this case in the price elasticity of demand elastic or inelastic? Does this surprise you? why?

Sanction: an action that is taken or an order that is given to force a country to obey international laws by limiting or stopping trade with that country, by not allowing economic aid for that country, etc.

TODAY: Roses and Thorns, Pre-Seminar Work (Check Homework), Seminar, Reflection

Pre-Seminar Work: Glance through the text "How Price Systems Work" etc. and circle a sentence or statement in each chapter that you think is most important to the topic or provocative.

Seminar Opening Question:
Do the imposition of price floors and ceilings always cause more loss than gain in the economy as a whole?

How do speculators help farmers and consumers?

Look to your study guide for further discussion you Jekylls and Hydes.

Remember: Test over chapters 4, 5, and 6 (Demand, Supply, and Market Forces) will be 11/25-26

Today: Roses and Thorns, Ch. 6 "Market Forces", Work on "Markets Promote Peace" Project

HOMEWORK:  (Due Nov. 18th / 19th) Answer these "Checkpoint questions in Ch. 6 "Market Forces". They are on pages 163, 165, 169, 171, 173, 178, 179. Be sure you use all the Key Terms on pages 161, 167, and 176. 
EXTRA CREDIT: (Be ready to share out) This might be a stretch but ALSO keep in mind the video competition theme "Markets Promote Peace" and write at least two ideas about how the ideas in these sections might influence this idea.


HOMEWORK: (Due Nov. 20th/21st) "How The Price System Works" - Read Chapters 15, 16, and 17 of Economics In One Lesson, annotate and complete the study guide. Be ready for a seminar, your reflection will require you to refer to specific passages of the text. Material from this text/seminar will be included  on the Demand, Supply, and Market Forces test.

Test over chapters 4, 5, and 6 (Demand, Supply, and Market Forces will be 11/25-26

Today: Roses and Thorns, (A day) Explain Homework etc., Finish Ch. 5 Supply (If needed), Start Ch. 6 "Market Forces" 

HOMEWORK:  (Due Nov. 18th / 19th) Answer these "Checkpoint questions in Ch. 6 "Market Forces". They are on pages 163, 165, 169, 171, 173, 178, 179. Be sure you use all the Key Terms on pages 161, 167, and 176. 
EXTRA CREDIT: (Be ready to share out) This might be a stretch but ALSO keep in mind the video competition theme "Markets Promote Peace" and write at least two ideas about how the ideas in these sections might influence this idea.


HOMEWORK: (Due Nov. 20th/21st) "How The Price System Works" - Read Chapters 15, 16, and 17 of Economics In One Lesson, annotate and complete the study guide. Be ready for a seminar, your reflection will require you to refer to specific passages of the text. Material from this text/seminar will be included  on the Demand, Supply, and Market Forces test.

Test over chapters 4, 5, and 6 (Demand, Supply, and Market Forces will be 11/25-26

Today: Roses and Thorns, Explain Homework etc., Finish Ch. 5 Supply, Project Work Time

HOMEWORK:  (Due Nov. 18th / 19th) Answer these "Checkpoint questions in Ch. 6 "Market Forces". They are on pages 163, 165, 169, 171, 173, 178, 179. Be sure you use all the Key Terms on pages 161, 167, and 176. 
EXTRA CREDIT: (Be ready to share out) This might be a stretch but ALSO keep in mind the video competition theme "Markets Promote Peace" and write at least two ideas about how the ideas in these sections might influence this idea.


HOMEWORK: (Due Nov. 20th/21st) "How The Price System Works" - Read Chapters 15, 16, and 17 of Economics In One Lesson, annotate and complete the study guide. Be ready for a seminar, your reflection will require you to refer to specific passages of the text. Material from this text/seminar will be included  on the Demand, Supply, and Market Forces test.

Test over chapters 4, 5, and 6 (Demand, Supply, and Market Forces will be 11/25-26

TODAY: Roses and Thorns, Finish Ch. 4 and Ch. 5, Homework,  Last 1/2 hour project work.

HOMEWORK:  (Due Nov. 18th / 19th) Answer these "Checkpoint questions in Ch. 6 "Market Forces". They are on pages 163, 165, 169, 171, 173, 178, 179. Be sure you use all the Key Terms on pages 161, 167, and 176. 

EXTRA CREDIT: (Be ready to share out) This might be a stretch but ALSO keep in mind the video competition theme "Markets Promote Peace" and write at least two ideas about how the ideas in these sections might influence this idea.

Test over chapters 4, 5, and 6 (Demand, Supply, and Market Forces will be 11/25-26

TODAY: Roses and Thorns, (7th Period Only: Project Benchmark work) "In The News", Continue "Demand" and begin "Supply" if time.

"In The News" Notebook Entry: Silently Read the "In the News" piece on page 107 of your text and answer the "Think About it" question

TODAY: Roses and Thorns, Seminar Make-Up Reminder, Loyola University "Visit", Measures 91 and 92, 
MPP Project Work (Project Benchmark #1), Homework


HOMEWORK:  (Due Nov. 6th / 7th) Answer these "Checkpoint questions in Ch. 5 "Supply". They are on pages 133, 135, and 141. Be sure you use all the Key Terms on pages 129 and 138 . This might be a stretch but ALSO keep in mind the video competition theme "Markets Promote Peace" and write at least two ideas about how the ideas in these sections might influence this idea.