FALL 2017 - Economics (Period 2) Assignments

• Taxes (Due Today or you can turn it on next Thursday since this content will be on the final)
  • All links are in Google Classroom

• 75 Multiple Choice Questions
  • 30-40 Personal Finance Questions (these will come from the practice questions in Juno)
  • 30-40 Economics Questions (use the review packet provided; it is recommended that you complete this on your own before checking the KEY in order to improve your performance on the test)
• 5 Free Response Questions (5 points each)
  • One of these questions will come from the country comparison that you did in the Measuring Economic Performance packet (last page)
  • 2 of these questions will be related to personal finances
  • 2 of the remaining questions will be related to our economics topics
• 10 extra credit multiple choice questions

• Measuring Economic Performance (Due Today)
  • Major Industries by State (you need this data to complete the writing section of your packet)
    • https://www.bls.gov/opub/ted/2016/major-industries-with-highest-employment-by-state.htm
  • Complete the Comparison of Economic Indicators with your group (you will have a free-response question related to this data on your final).
• Taxes Packet (Due on Friday)
  • All links are in Google Classroom

1. Turn 
2. Money and Banking
   • See PPT below for the notes. We finished the rest of the notes, completed the PRACTICE sections and the packet was turned in.
   • School House Rocks - Barter: https://www.youtube.com/watch?v=J7hNOt2Y0J8
3. Video Notes: "How Money is Made" National Geographic Documentary
   • Video notes are in the back of the Money and Banking packet; we watched the last 25 minutes today.
   • https://www.youtube.com/watch?v=PawUuHozBPY
4. Unemployment Map Activity
   • This activity is found in the "Measuring Economic Performance" packet. Students used data from October 2017 to compare unemployment rates across the country to the national unemployment rate of 4.1%.

1. Money and Banking
   • See PPT below for the notes. We finished Section 3. We will complete Sections 4 & 5 and the PRACTICE on Thursday.
   • School House Rocks - Barter: https://www.youtube.com/watch?v=J7hNOt2Y0J8
2. Video Notes: "How Money is Made" National Geographic Documentary
   • Video notes are in the back of the Money and Banking packet
   • https://www.youtube.com/watch?v=PawUuHozBPY
3. Work time to complete "Managing Credit" packet.

1. Market Characteristics
   • Students used the posters that were created on Monday to complete the chart in their packets. I've included the key below in case you were absent or want to check your results.
2. Managing Credit
   • Students used the links in Google Classroom to work on the activity packet in class. This will be due on Thursday, November 30.

1. Grade printouts were distributed and I explained that no more late work will be accepted. We will have a couple of quizzes, some classwork and the final that will still impact the grades.
2. Market Characteristics
   • See PPT below to get the class notes for the packet
   • Groups then completed an activity where they created a graphic equation for a specific market. We will use these posters on Wednesday to complete the rest of the packet.

1. Budget Challenge Final Assessment
2. Invest in Your Future (due Monday at the beginning of class)
   • Google Classroom assignment
   • Students had the rest of the class period after the Budget Challenge Assessment to work on this culminating assignment for our work on the opportunity cost of college.
   • This assignment will not be accepted late. Whatever you have done at the beginning class on Monday is the grade you will receive.

1. Finish Business Firms in Santa Clarita Group Project
   • Students that were absent last Thursday had an alternative assignment shared with them that they need to complete on their own.
2. Last day to work on Budget Challenge
   • 3 assessments/surveys to complete by Wednesday at 6:00 PM
   • All bills paid in full except credit card and loans.
   • Credit card balance should be no more than $500.
   • Cash Flow Spreadsheet complete and accurate to match your bank balance
   • The practice questions for Thursday's Budget Challenge test are available in Juno.
3. Invest in Your Future
   • This final culminating project on the opportunity cost of going to college should be completed in Google Classroom.
   • It is due on Monday 11/20.

1. Turned in Paying for College activity
   • Since I accidentally posted the wrong assignment for the vocabulary on Google Classroom, students completed that activity during class today.
2. Quiz (Business Organizations and Market Structures)
3. Make-up quizzes from Budget Challenge
4. Update Budget Challenge - simulation ends next week
   • Week 9 Quiz
   • Pay bills
   • Update Cashflow Spreadsheet
5. Paying for College: Vocabulary (due by the end of the period in Google Classroom)

1. Business Organizations and Market Structures - Use the following websites and your own research to complete your notes. There will be an open-note quiz on Tuesday on this content.
   • http://www.studyfinance.com/lessons/busorg/
     • This website covers the three main types of businesses, you will need to research the other four on your own
   • https://quickonomics.com/market-structures/
2. Budget Challenge Update
   • Week 9 Quiz
   • Pay Bills
   • Update Cashflow Spreadsheet
3. Paying for College Basics - due on Tuesday
   • Make sure you also complete the two assignments in Google Classroom that go with this activity.
   • There is an extra credit opportunity as well that was handed out in class or is posted below.

1. Overview of Monday's Unit 2 Test
   • 65 Multiple Choice Questions
     • 40 from Unit 2 (American Market Economy, Demand, Supply, Price)
     • 10 from Unit 1 (Scarcity, Opportunity Cost, Economic Systems, Free Enterprise)
     • 15 from Budget Challenge (Quizzes from Weeks 1-7)
   • 5-7 Free Response Questions
     • These may be written responses or graphing
2. Study Support for the Test
   •  Practice Tests in Juno
     • There are three practice tests (students are strongly encouraged to do these in preparation for the test)
   • Study.com
     • This is a new resource I am providing for students. It includes videos and quizzes related to key economic concepts.
     • Classroom Code: pink-spider-8435
     • For each video and quiz completed, you can earn a 1/2 point extra credit.
   • The answer keys for the three Study Guides for this unit as well as Unit 1 are posted below.
3. Halloween Supply and Demand Activity
4. Price Practice Graphs - I did not complete this but you can check your answers with the key posted below.

1. Budget Challenge Update
   • Week 7 Quiz
   • New Bills - student loan and auto insurance
   • Update cashflow spreadsheet (graded this weekend)
2. Class Notes - Changes in Supply (see PPT below)
3. Practice - Changes in Supply
   • I did not collect this so you have it to study for Tuesday's Supply Quiz
4. Personalized Supply
   • Collected at the end of the period

1. Personalized Demand
   • Before moving on to supply, students completed a demand activity where they looked at changes in demand for a specific product that they buy.
2. Class Notes - Law of Supply (see PPT below)
3. Practice - Law of Supply
   • This packet was turned in by the end of the class.
4. Health Care Packet (due on Friday)
   • All links are available in Google Classroom

1. Turn in Budget Project
2. QOD (Living with Parents)
3. Class Notes - Changes in Demand (see PPT below)
   • 80's Fashion Video: https://www.youtube.com/watch?v=iIMS_U1WtE0
4. Practice - Changes in Demand
   • This packet was not turned in because of the quiz on Tuesday but it will be collected at the beginning of class on Tuesday.
5. Payback Simulation and Reflection
   • https://www.timeforpayback.com/

1. QOD - Cost of Living (see PPT below)
2. Class Notes - Law of Demand (see PPT below)
3. Budget Challenge
   • Student Loan, Cable, and Cell bills are due (check your invoices for due dates and amounts)
   • Week 4 Quiz
   • Update Cashflow Spreadsheet
4. Work time on Budget Project (due at the beginning of class on Friday 10/6)

1. Cap & Gown Orders
   
   • If you were absent or forgot yours, they can be completed online or the Josten's reps will be back on Wednesday between 9-11 AM.
2. American Market Economy
   • See PPT below for the class notes
   • The placards needed to complete the practice activity are also posted below.
3. Budgeting Basics Packet
   • All assignments and links are in Google Classroom. There are three parts. (1) Budgeting Basics Packet - the links for this are posted below. (2) CREATE: A Salary-Based Budget. (3) ANALYZE - A Salary-Based Budget.
     • Difference between wages and salary: https://www.accountingcoach.com/blog/wages-salaries
     • Difference between gross and net income: https://www.youtube.com/watch?v=EAMvX17ECJU
     • How to read your paycheck stub: https://www.clearpoint.org/blog/how-to-read-your-pay-stub/
     • 5 simple steps toward financial freedom: http://www.bet.com/video/news/national/2014/five-simple-steps-toward-financial-freedom.html
     • Different forms of compensation: http://businessecon.org/2013/01/the-different-forms-of-compensation/#Benefits AND https://drive.google.com/file/d/0B66-SB5gTbeqZzEyNUpTWThiTjQ/view
     • Glossary: https://quizlet.com/46032088/budgeting-flash-cards/
   • At this point, this project is scheduled to be due on Thursday, September 28

1. Budget Challenge
   • Students went to Google Classroom to find the "Cashflow Spreadsheet" which they started using their bank account entries in Budget Challenge. If you were absent, please come in to see me so I can help you get this set up correctly.
   • Pay bills - cable and student loan
   • Week 3 Quiz (do as well as you can)
2. College Cost-Benefit Analysis
   • This assignment is in Google Classroom. Students read four different article related to college and complete the Cost-Benefit Analysis worksheet based on their reading.
3. Budgeting Basics Packet
   • This is a project students will have time to work on over the next week but some of it may need to be completed outside of class. All assignments and links are in Google Classroom. There are three parts. (1) Budgeting Basics Packet - the links for this are posted below. (2) CREATE: A Salary-Based Budget. (3) ANALYZE - A Salary-Based Budget.
     • Difference between wages and salary: https://www.accountingcoach.com/blog/wages-salaries
     • Difference between gross and net income: https://www.youtube.com/watch?v=EAMvX17ECJU
     • How to read your paycheck stub: https://www.clearpoint.org/blog/how-to-read-your-pay-stub/
     • 5 simple steps toward financial freedom: http://www.bet.com/video/news/national/2014/five-simple-steps-toward-financial-freedom.html
     • Different forms of compensation: http://businessecon.org/2013/01/the-different-forms-of-compensation/#Benefits AND https://drive.google.com/file/d/0B66-SB5gTbeqZzEyNUpTWThiTjQ/view
     • Glossary: https://quizlet.com/46032088/budgeting-flash-cards/
   • At this point, this project is scheduled to be due on Thursday, September 28

1. QOD - Groceries vs. Restaurants
   • Students completed a series of questions related to this topic and then researched the cost of a favorite meal at a restaurant compared to making a similar meal at home.
2. Entrepreneur Project
   • Students had the rest of the period to complete their project. It has to be shared with me by the beginning of class on Friday.

1. Budget Challenge
   • Week 2 Quiz
   • Make sure all four bills that have arrived so far have been paid - rent, renter's insurance, credit card, and utilities
2. Entrepreneur Project
   • Students had the class period to research their chosen entrepreneur and create their Google Slide show. We lost Internet access the last 15 minutes so these projects will get finished during class on Wednesday. They will be due by the end of the period.

1. Missing Assignments / Grades discussions - all make-up work is due by Friday in order to earn full credit; after Friday, the most you can earn is 50%
2. What to study for the unit test? - Unit Review Packet
3. Budget Challenge
• Week 1 Quiz with groups
• Pay Bills - utilities and renters insurance
4. Free Enterprise
• Class notes on the key characteristics of our economy in the United States and the role the government plays
  • We did not get to the last section on government involvement. Since this part is on the unit review - those questions will be extra credit on the test.
• For the section on Entrepreneurs, we watched the trailer for "Social Network"
  • https://www.youtube.com/watch?v=lB95KLmpLR4

1. Fire Drill - due to today's fire drill we did not have a QOD
2. Economics Systems
• Additional notes beyond the textbook highlighting the key components of traditional, command, and market economies (see PPT below)
3. Budget Challenge
• Students were taught how to view their bills (invoices) and how to write checks to pay their bills (if you were absent, please see me for help)
• Pre-assessments and survey
  

1. Jostens Presentation - graduation stuff (see me if you were absent)
2. QOD - Budgeting
3. Reading Notes - Economics Systems (use the PDF of Chapter 2 in the textbook to complete the notes)

1. Turn in Interview Challenge Preparation
2. Interview Challenge
• Each interviewee was asked three questions that they were scored on by the other members of their group.
• If you were absent, you will need to come in and do your interview with me
3. Budget Challenge
• Vendor Selections (must be completed by Wednesday, September 6
• Pre-Assessments and Surveys (these do not come up until Vendor Selections are done)

1.  QOD 8 - Hurricane Harvey
2. Turn in/Submit Final Drafts of Resumes and Cover Letters (1st draft + peer editing must be turned in as well)
3. Budget Challenge - Complete the Student Information Packet Reading Guide
   • Student Loan Debt Article - see ARTICLE below or http://www.collegescholarships.org/loans/average-debt.htm
4. Budget Challenge - Vendor Selections

1.  QOD (Day 7) - Your Online Life
2. QUIZ - Ten Principles, Your First Job, Scarcity, Opportunity Cost
   • Students took the quiz online using Juno. If you were absent, see me to get the code and take the quiz
3. ACTIVITY: Interview Challenge (Preparation) - due on Friday before our Interview Challenge in class
4. Budget Challenge - Set up student accounts
   
   • www.hrblock.budgetchallenge.com
   • Class Code: HJMULSQ
   • We will do the Vendor Selections on Wednesday

1. QOD (Day 6) - Economic Enigma
2. Class Notes - Opportunity Cost and PPC (Day 6 PPT)
• ACDC EconMovies (review of scarcity) - https://www.youtube.com/watch?v=Np-dZSdzymk&list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH&index=10
• Practice - Applying the Principles INCENTIVES
• Video Clips of Opportunity Cost - students answered questions in their packet while viewing
  • Moneyball - Movie Trailer
  • Extreme Couponing - Short Clip from "The Best of..."
  • Whiplash - Breakup Scene
  • Big Bang Theory - Sheldon Decision Making
• Practice - Applying the Principles PRODUCTION POSSIBILITIES

HW: Final Draft of Resume and Cover due next Wednesday (8/30)

QUIZ on Monday covering notes from "Your First Job", "Ten Principles of Economics", "Scarcity", and "Opportunity Cost"

1.  QOD - Teen Summer Job Data (see "QOD Day 3" below)
2. 10 Principles of Economics (finish using the slides in Google Classroom or the "Day 3" PPT below)
3. Introduce Career Portfolio
   • Lesson 1 - Your First Job
     • http://www.huffingtonpost.com/2013/10/02/first-jobs_n_4025918.html
     • https://www.youtube.com/watch?v=wgs3pkwbRhQ
     • http://www.moneycrashers.com/part-time-jobs-high-school-students/
     • The PPT for "The Different Types of Work" is posted below
   • Practice Job Application (Google Classroom)
     

1. Question of the Day (QOD) - 5 jobs today that didn’t exist 10 years ago (completed in groups followed by discussion)
2. Finish Build a Zoo project - students completed the project they started last class and also answered several reflection questions connected to scarcity and opportunity cost
3. Kidney Dialysis - continuing with the them of scarcity, groups were given a scenario that they worked through and then we discussed as a class
4. 10 Principles of Economics (1-3 only; students took notes on their handout)