Here's a big symbol of the US free enterprise market economy: the statue of the bull by Wall Street in New York. A good stock market is called a "bull market" and a bad one is a "bear market." I took this picture in September of 2009.
Hi everyone,
We did not end up with as much time as I would have liked to finish the review packets for Chapter 2 today. You should have PLENTY of time to do them over the long weekend, though, as I only see you once next week - on Wednesday for your Chapter 2 test. Read on for review help and prep!
Soundtrack: "Confessions, Pt. 2" by Usher. This album came out when I was in high school, haha. Selected for today because we are working with Chapter 2 of the textbook. Lyrics here.
AGENDA 3/8/13:
Warm Up
Swap Cops
Review Packet
Homework: Finish Chapter 2 review packet. Study for Chapter 2 test on Wednesday! Check the blog and ask questions if needed!
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Warm Up: #10: Why does Taco Bell sponsor 20,000 Free Chalupas for the Blazers crowd if they go over 100 points, for every game?
Loved the responses here, as usual. I created this one myself. It is fun to use economic reasoning with what is going on around us!
Swap Cops: I wrote a diagram of what we had learned through the NPR podcasts so far, with the mortgage situation leading to banks defaulting, and then all of these impossible to pay out bets/insurance on whether or not those banks would fail. Yeah, it is complicated. Hopefully, we are starting to make some sense of it in class. If you want to check out the podcast again, here it is: ThisAmericanLife.org - Another Frightening Show About the Economy.
After listening to the end of the episode, I posed a simple question: how do you feel about the bailout? You wrote a short response (a paragraph) to this, then we talked as a class for a bit. Again, a very interesting discussion!
Review Packet: The rest of the class was spent (or should have been spent, in some cases) working on completing the review packet. I will try to go through it briefly on Wednesday before the test. If you did not complete this in class, it is homework to be turned in next class! If you somehow lost your packet, here it is to download again:
Please let me know if you are at all confused on any of the concepts in the packet or in the chapter! Here is the Chapter 2 Learning Targets PowerPoint, if you want to review that again:
Have a great long weekend. Study up and be ready for Wednesday!
I finished the chapter 2 learning target
ReplyDeleteAwesome! Keep studying - see you tomorrow!
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