Part of the podcast we listened to today had to do with the housing market in New York City. I took this picture in 2011, of some apartments in NYC. I really like the black and white here!
Dear students,
A day of finishing and moving on. Plenty of stuff to go over, so read on!
Soundtrack: "In the Deep" by Bird York (from the Crash soundtrack). Selected because it is nice and calming and because it has to do with crash (like the financial crash). Lyrics here.
AGENDA 4/4/13:
Warm Up
Capitalism: A Love Story
Financial Collapse Final
Finish Bad Bank
Homework: Finish one page of the Financial Collapse final project (a two page written paper and visual representation). Be ready to complete the rest within 30 minutes or so during class on Monday.
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Warm Up: This should be warm up #13 in your notebook. The question was: "Why is the proportion of aluminum cans recycled in Brazil much higher than in the United States?"
Great to get back in the swing of things with this. Lots of great possible answers thrown out, as usual!
Capitalism: A Love Story: We finished the movie (there was only about 5 minutes left) and went over the answers on the worksheet. If you lost the worksheet, here it is to download. If you missed some or all of the movie, you can watch it online here.
Financial Collapse Final: Before finishing with the NPR podcast, I passed out the assignment for the end of the financial collapse unit, which you can download here:
Basically, I want you to write a two page paper (it is okay if it is typed, two pages, double spaced) about the financial crisis in 2008. What happened? Use at least five of the terms we defined in class. You should also give your opinion on the 700 billion dollar bailout at some point.
Finally, you should make some sort of visual representation of what happened in the crisis.
Try to have the majority of this done by Monday, so you can finish it in class!
Finish Bad Bank: For most of the rest of class, we listened to the last part of Bad Bank, the NPR podcast that helped to explain the crisis. Check it out here, if you missed it (transcript also available at the site):
It appeared to me that most of the class was paying attention to this, instead of writing (which was fine), so I decreased the homework for a bit.
Next class, you need to bring in your economics textbook, as we are going to start Chapter 3! Have a great weekend!
hey mr fritz. i finished the 2 page project and i finished the chapter 3 demand.
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