Con Econ Archive F11

Below is an archive of our weekly schedules from this semester.

Week of September 5th

Monday, 9/5

• Labor Day.

Tuesday, 9/6

• Welcome! One year to go! Your senior year will be great!
• Attendance, names, and introductions.
• Birthdays.
• Two truths and a lie: post-graduation plans, work, hobbies, etc.
• My favorite hobby is car repair.
• I have four kids: three sons and a daughter.
• Every summer I visit my wife's family in Seattle.
• Scissors.
• Drawing on experience.
• Stuff to note:
• During the first week of school, if you have a problem with your schedule, please stop by the HUB to fill out a “Request for a Class Change Form” - pink color. You go to the HUB in between periods or at lunch. You should not go to your counselor during class and without an appointment. If you have a blank space on their schedule, report to the HUB during that time and someone from the guidance department will help you.
• Locker problem? Go to C204 before school, during lunch, or after school. Please don't go during class.
• Schedules: You should pay particular attention to the Fall/Spring schedule you received in HR and if there are any discrepancies with Spring courses, you should fill out a schedule change form and turn it in to the Hub, or make an appointment with their Guidance Counselor ASAP.
• The iHelp room will be closed until the computer distribution is complete.
• Safari or OmniWeb are the browsers available to students.
• All students have a Gaggle email account. Use it.
• The process for student printing has changed this school year. You will need to select HS-Student as the printer of choice when at school. Then proceed to any of the following printers, sign in, and print your document. Printers are available in:
  
  • The Hub
  • The Library
  • iHelp Room
  • E118
  • E207
  • Please click on the following link for complete directions: http://umahstmm.wikispaces.com/file/view/studentprinting01.pdf
• Student directions for subscribing to an iCal calendar can be found here.
• The iHelp room is closed during school this week. It is open before and after school.

• Wrap-up of the "Value of Money Quotes" and personal responses.
• Crash landing on the moon: Imagine a time in the future when there are lunar bases. People are living and working on Moon, exploring and learning about it,and doing other kinds of research that can't be done on Earth. On a routine journey from Earth to a lunar base,there is an accident. Something has gone wrong and you crash land on the Moon’s surface,sixty miles from the nearest base. It is daylight on the Moon and will be for the next few days.In the Moon's lower gravity, that is not too far to walk, but you are limited in what you can carry. What should you take with you?
• Individual decisions
• Group decisions

Friday, 9/9

• Any more "value of money" reflections?
• Review of crash landing on the moon.
• You can't have it all. You wanted to take the raft and the radio transceiver. You decided to take the transceiver. What was the cost of your decision?
• Essential Question: What do I gain and lose when I make choices?
• Essential Question: What do I gain and lose by making choices WS:
• Notes ppt:
• Opportunity cost practice
• Finish the in class practice on your own WS (the table on the back).
• Come up with your own examples. Selections of your examples will be posted in on the bulletin board.
• HW due on Monday: Complete the practice table for opportunity cost (on the back of the paper you got in class today).

Week of September 12th

Monday, 9/12

• HW due today: Complete the practice table for opportunity cost (on the back of the paper you got in class on Friday).
• Submit, pair, discuss
• Identify choice, explain rank order of 2nd and 3rd choice, conclude that #2 was opportunity cost.
• Opportunity cost bulletin board.
• Complete two of each of the "opportunity cost" half-sheets for each type of choice (personal, family, government).
• In the top section, identify the choice. Make the example clear and specific. Consider examples of money, time, or other scarce resources.
• In the bottom section:
• Note at least two other options.
• Explain the rank order of your three options (your choice plus the two other options).
• Conclude that your #2 was the opportunity cost of your choice because that was the second best alternative.
• Note: For the government choice, you will need to make up reasonable choices for the rank order (since we can't really create a rank order for a whole country).
• Put your name on the back of each one. Please be neat--they will be hung up on the bulletin board. Your responses will be scored.
• HW due tomorrow: Complete four "opportunity choice" sheets (half-sheets of paper with prompts on them). Two of them are "personal choices." Two are "family choices."

Tuesday, 9/13

• Open house tonight.
• Course info
• Syllabus:
• Classroom procedures: Food, bathroom, computers, moving around, working with others. Be present (physically and mentally), work together, be curious.
• Grade system
• Due today (if you haven't submitted already): The value of money responses.
• Return value of money responses. Explain grade and opportunity to resubmit.
• Money is not valuable. It is a way for us to meet our wants and needs. We don't want money. We want what money can buy. From your responses, you seem to want money to buy "stuff" (goods and services) and you also have friends and family as a high priority. Keep in mind that we sometimes give up time with friends and family in order to earn money--that's a choice we make and an opportunity cost.

• Opportunity cost bulletin board
• Submit personal and family choices/opportunity cost explanations.
• Discuss government
• Due tomorrow: Government choice and opportunity cost explanations.

• 

• Computers:
• iCal (http://calendar.umasd.org/)
• Quia (LastFirst566)
• Using the wiki and blog
• Organizing folders and notes on your computer.
• Computer information
• Your Gaggle email account should be up and running.
• The process for student printing has changed this school year. You will need to select HS-Student as the printer of choice when at school. Then proceed to any of the following printers, sign in, and print your document. Printers are available in:
  
  • The Hub
  • The Library
  • iHelp Room
  • E118
  • E207
  • Please click on the following link for complete directions: http://umahstmm.wikispaces.com/file/view/studentprinting01.pdf
• Student directions for subscribing to an iCal calendar can be found here.
• The iHelp room is open during the day now. You must have a pass to go there.
• Notes on "factors of production."
• Land
• Labor
• Physical capital
• Human capital
• 
• HW for tomorrow: Be ready to name and define the four factors of production.
• Complete your own example of the factors of production in a good or service that you have experience with at work (or tech or somewhere). Clearly identify what the good or service is then list at least three factors of production for each category (land, labor, physical capital, human capital). Be specific so there can be no mistake that you understand what each factor is and no one can argue that you mixed up an example. This assignment is scored and should be completed by the start of class on Friday.

Friday, 9/16

• Factors of production quiz on Quia. Username: FirstLast566. Twelve questions.
• Factors of Production Assessment
• Sign up for products (one good and one service) for factors of production blog entry.
• Use this template:
• Paste your final work onto the two blogs: one for goods and one for services.

Week of September 19th

Monday, 9/19

• Factors of production quiz on Quia. Username: FirstLast566. Twelve questions. (To be completed: SB, MH, DJ, BT)
• Factors of production examples (Name, good, service)
• Ricky, A&W Root Beer, sculpting
• Maddie, peanut butter fudge sundae, ice cream worker
• TJ, Propel, salesman (be more specific about what kind of sales)
• Brian, strawberry cake, wait service
• Phil, hot dog, maid service
• Tashawn, computer, computer tech
• Derek, ice skates, hockey player
• Dion, tattoo gun, tattoo artist
• Mike, cookie, cook (be more specific about what kind of cooking--what are you making?)
• Mary Kate, brownies, party attendant
• Patty, book, librarian
• Mirang, shoes, mechanic (car?)
• Joe, frying pan, serving eggs
• Branden, pizza, pizzeria worker
• Ashley, baby food, haircut
• Dakota ??????
• Steven ??????

Tuesday, 9/20

• Due tomorrow: Factors of Production assessment WS. Hand in via the Robot.
• Essential Question: Where do I fit into the economic system? To understand where you fit into the economic system, you must first understand the system. This week we will explore factors of production (the "stuff" that goes into the products we make and buy) and three types of economic systems. Lastly, we will locate ourselves in our mixed economy.
• Introduction to three types of economies: Free-market, command, and mixed.
• Three questions all economies answer: What to produce? How to produce it? Who gets it?
• Diagram of the free-market economy.

• Introducing famous entrepreneurs project
• Initial task:
• Introduce project
• Sign up for entrepreneur
• Introduce library resources
• Tomorrow: Use the library resources. Find at least two meaningful articles that help answer the questions for the project. PDF the articles and save them to your Consumer Economics folder. Read the articles. Take notes on paper as your read.
• Resources:
• Gale Biography in Context
• Gale Virtual Reference Library
• World Book
• Sirs Knowledge Source

Friday, 9/23

• New seats.
• Finish diagram.
• Practice: Where am I located in the economy?
• Three types of economies: Free-market, command, mixed.
• Entrepreneur projects.

Week of September 26th

Monday, 9/26

• Finish "Where am I in the economic system" practice WS.
• Practice questions (in Quia) for test for the Essential Question: Where do I fit into the economic system. The test will be on Wednesday.
• Remember, the two key questions to help you identify where you are in the economy:
• Who is involved? (Government or private?)
• What is being bought/sold? (Product or factor?)
• Here are some notes from last week:

Tuesday, 9/27

• Introducing famous entrepreneurs project.
• 
• Work on notes
• Resources:
• Gale Biography in Context
• Gale Virtual Reference Library
• World Book
• Sirs Knowledge Source

Friday, 9/30

• Work on Entrepreneur projects.
• Entrepreneur project presentations to be presented on Tuesday.

Week of October 3rd

Monday, 10/3

• Interim reports are being generated tomorrow. Please submit incomplete work today.
• Entrepreneur presentations tomorrow
• One to two minute presentation in front of the class.
• Presentation must demonstrate practice and focus on the key questions of the assignment.
• Visual aid ("artifact") must be used in the presentation and must stand on its own as an "artifact." Please note the requirements.

Tuesday, 10/4

• Introducing famous entrepreneurs project.
• 
• Exchanges in the economy test discussion.

Friday, 10/7

• Work on resume prep WS.
• What is your objective?
• Read the "What's Your Resume Objective?" information.
• Identify a job you want to get in five years.
• Add future education, experience, skills, and references to position yourself to get that job.

Week of October 10th

Monday, 10/10

• General reminder: Submit incomplete work.
• Resumes: The first step to getting a job.
• Catch-up from Friday:
• Resume objectives were written and approved (for credit). Read the explanation on the "What's Your Resume Objective?" website and ask for help.
• Add future education, work experience, skills, awards, and references to your resume prep WS.
• Begin inputting resume prep WS into a Word doc.
• Read the resume tips on the "Seven First-Time Resume Concerns." Although these are directed at people who have finished their training or college, there are useful strategies here.
• Review the grading requirements
• Look at the lists of action verbs to use when describing your responsibilities. Here's an example. Here's a second list.
• Create a resume in Word (or Pages). Resume draft is due at the start of class on Wednesday.

Tuesday, 10/11

• Get your objective approved
• Finish resume drafts. Draft due at the start of class tomorrow. (10 points for complete draft; hand in using the Robot)
• Resume draft must include:
• Current and future info for these categories
• Name and contact info
• Objective
• Education
• Relevant employment history (including responsibilities)
• Activities, skills, and awards
• References
• Report directly to the auditorium tomorrow for health screening.

Friday, 10/14

• Submit your resume.
• Get a job!
• Find a two job openings. Gather information about the openings. Complete and submit the job opening WS:
• Both the "Job Openings" WS and your resume should be in my DropBox by the end of the day.
• Have a great weekend!

Week of October 17th

Monday, 10/17

• Review comments on resumes. If you want to make changes to improve your grade or get extra credit (if you earned an A), please do so.
• Use this period to finish incomplete work.
• Tomorrow we will work on cover letters. In order to write your cover letter, you will need the information from the job openings worksheet that you should have completed and submitted on Friday. Make sure you have that done.

Tuesday, 10/18

• Essential Question: How do you want to spend your time? How can you earn money doing what you like to do?
• We are studying four steps to getting a job: Writing a resume, finding a job opening, writing a cover letter, and interviewing.
• Writing a cover letter
• The cover letter tells the employer that you are applying for a job, explains why you are interested and a good fit for the position, and asks for the opportunity to interview. Use this template and the instructions from class as a guide for the format and content of your cover letter. You will need the information from the job posting worksheet that you completed last Friday.
• Think of the three sections of the cover letter as if you were asking for a date: You introduce yourself, you flatter the other person and explain why you are a good match, and then you ask for the date.
• A draft of your cover letter is due at the start of class tomorrow.
• Here's the template you were given in class:

Friday, 10/21

• Interview preparation.
• Practice interview video with a partner. You must submit your evaluation (done by your partner) and your video (via the Robot) before the end of the period.
• Interview evaluation on Monday.

Week of October 24th

Monday, 10/24

• Interviews (for a grade).
• Complete the interview grade sheet (name, job, clothes for interview) that you receive in class.
• Get together with your assigned partner.
• Complete the interview (and record it, like Friday).
• Submit your worksheet (hard copy) and the video (using the Robot)

Tuesday, 10/25

• Intro to taxes
• What are the five levels of government? What are some services that each level provides?
• Quiz tomorrow: Name the five levels of government and provide two examples of services that each level provides.
• Five levels of government and examples of the services they provide:
• Federal: military, Social Security, Medicare, money for roads, national parks, FBI, CIA, NASA, EPA, FCC, FDIC, NTSB, FAA, Amtrak
• State: Roads (PennDOT), state police, National Guard, state parks, unemployment benefits, state universities, agriculture programs, workplace safety, courts and prisons.
• County: court system (courts, probation, prison), family assistance programs (homelessness, children and youth), mental health agencies, substance abuse programs, elections, veterans' services, licenses/certificates/records (marriage, death, dog, fishing, deeds)
• Municipal: local police, parks, streets, trash, water/sewer, zoning, housing/codes inspectors.
• Bridgeport
• UM Township
• West Conshohocken
• 
  
  

Friday, 10/28

• Practice calculating taxes on income (except federal income tax).

Week of October 31st

Monday, 10/31

• Memorizing the taxes on income (other than federal income tax).
• Prepare for the quiz tomorrow. Here is the actual quiz. Take it as many times as you want as you prepare.
• Federal income tax instruction

Tuesday, 11/1

• Quiz on taxes on income (other than federal income tax).
• Federal income tax practice
• Here's the 1040EZ form and instruction book.
• 
• 
• Progress reports. Work day tomorrow.
• Make-up work sessions: Before school on Thursday, after school on Thursday, before school on Friday.
• All make-up work due by end of day on Friday.

Friday, 11/4

• Tracey's taxes practice. (Including simplified version of federal tax.)
• Monday: Tracey's taxes test.

Week of November 7th

Monday, 11/7

• Test on Taxes

Tuesday, 11/8

• Election Day! Make sure you vote
• Teacher In-Service

Friday, 11/11

• VETERAN'S DAY: A Time To Remember
• Wrap up: Intro to Credit
• 
• Using Credit Cards: A Case Study
• 
• Essential Understanding: When and How Should I Borrow Money?

Week of November 14th

Monday, 11/14

• Using Credit Cards: A Case Study
• 
• Essential Understanding: When and How Should I Borrow Money?

Tuesday, 11/15

• America Recycles Day! www.AmericaRecyclesDay.org
• Using Credit Cards: Choosing the Right Credit Card
• 
• Create "My Credit Glossary" - You'll be able to use this on the Credit Quiz/Test
• 
• Essential Understanding: When and How Should I Borrow Money?

Friday, 11/18

• Make sure you've turned in your Credit Card Case Study through the turn-in robot
• Should I Buy or Rent?
• Quiz on Credit Next Week (remember, you can use your credit glossary on the quiz)
• Essential Understanding: When and How Should I Borrow Money?

Week of November 21st

Monday, 11/21

• Continue working on Assignment
• Study for Credit Cards Quiz
• REMEMBER TO PRINT OUT AND BRING YOUR CREDIT CARD GLOSSARY!!!
• Essential Understanding: When and How Should I Borrow Money?

Tuesday, 11/22

• PRINT AND BRING YOUR CREDIT CARD GLOSSARY
• Credit Cards Quiz

Friday, 11/25

• No School

Week of November 28th

Monday, 11/28

• Essential Question: How can I protect what I own?
• Create a list of personal disasters an individual might experience
• What happens as a result of each of these disasters? How can you protect yourself/recover from each disaster?
• Introduction to types of insurance
• Which type of insurance does each disaster require as protection?
• Remember to submit your home ownership assignment via the turn-in robot

Tuesday, 11/29

• Essential Question: How can I protect what I own?
• Review Types of Insurance
• Another set of "personal disasters" How should you protect yourself? Which insurance would you need?
• Intro Car Insurance Activity

• Standard Coverage - Liability Insurance

  The most important auto insurance coverage to understand is standard coverage. Standard coverage includes liability insurance, which is the type of insurance most often required by states. Liability insurance insures the individual for the the cost of any damage or injury that is caused to someone else during an accident. The amount of insurance coverage required by states is often minimal, so it is often recommended to get additional insurance, depending upon your own personal circumstances and budget.

  How Liability Insurance is Described

  Liability insurance is often described by three numbers, such as 50/100/25. These numbers refer to the amount of liability insurance coverage. 50/100/25 coverage, includes $50,000 of bodily injury to a single individual, $100,000 of bodily injury caused to everyone in an accident, and $25,000 of property damage.

• Discussion questions:

  What other factors may we look at when deciding on which auto insurance provider?
  

  What other types of car insurance coverage are there?
  

Friday, 12/2

• Essential Question: How can I protect what I own?
• Work session for Insurance Current Event Presentation Assignment.

Week of December 5th

Monday, 12/5

• Essential Question: How can I protect what I own?
• Complete Your Insurance Current Event Assignment
• Practice/Prepare to present your assignment
• PRESENTATIONS FOR CURRENT EVENTS BEGIN TOMORROW

Tuesday, 12/6

• Essential Question: How can I protect what I own?
• Insurance Current Event Presentations
• ALL LATE WORK DUE BEFORE INTERIMS GO HOME

Thursday, 12/8

• Finish Insurance Current Event Presentations: LAST DAY TO PRESENT!
• Health Care: A Current Event Activity
• Insurance Quiz Next Monday!

Introduction to Health Care in America: How Are We Insured?

Other Countries Offer Public Health Care: How Do We Compare To Other Countries?

• Insurance on a minimal budget: Let's look at a case study --

Friday, 12/9

• Essential Question: How can I protect what I own?
• Finish Health Care Activity
• Practice Calculating Basic Health Care Costs: Finish for HW if not completed in class
• 
• Review Essential Question Link
• Insurance Quiz Next Week!

Monday, 12/12

• Essential Question: How can I protect what I own?
• Finish Health Care Activity
• Practice Calculating Basic Health Care Costs: Finish for HW if not completed in class
• 

Tuesday, 12/13

• Essential Question: How can I protect what I own?
• Submit Health Insurance Discussion File Via Turn-In Robot (make sure all group member names are listed)
• Turn in your Health Insurance Basic Costs WS
• Insurance Review Activity (Quiz Tomorrow!)

• Create 5 Index Cards To Be Used As an Aid On Tomorrow's Quiz
• Front of the Card May Have Up to Two Words On It (describing a term or a concept)
• Back of the card may have up to fifteen words on it. (suggestion: Don't write in full sentences on the card)
• Make sure to use your cards to study. Bring them to the quiz!

• If you complete the crossword review and submit it tomorrow you'll be given extra credit points on the quiz.
• 

Thursday, 12/15

• Investing What You've Earned, what are your options?
• Introduction to Investing Your Money.

Friday, 12/16

• Review: How do I make smart investment choices?
• Compound Interest: It's a wonderful thing!
• 
• 

Week of December 19th

Monday, 12/19

• Essential Questions: Why save and invest? How do time, interest rate, and principal affect the value of my investments? What's the best place to invest: banks, bonds, or stocks?

• Here's what you need to understand/remember:
• There are three legs to our "personal financial security stool" but that that is changing. Two of those legs are weakening, so our "personal savings leg" is becoming more important.
• Pensions are one leg on the stool. They are a benefit that is paid by a company to its eligible retirees. Pensions are becoming less common because workers in today's economy change jobs more frequently so they never become vested in one company.
• Social Security is another leg on the stool. Social Security is a "pay-as-you-go" benefit run by the federal government. It is not a savings program. Today's workers are taxed and that money is paid to today's beneficiaries. The long-term health of this program is uncertain because there are an increasing number of beneficiaries to each worker. That means that workers will have to pay more in taxes or beneficiaries will have to receive less in benefits (or the system goes bankrupt).
• Personal savings is the last leg on the stool.
• Personal savings is an investment in our economy. You (households) put their money to work by loaning money to entrepreneurs who start businesses, hire workers, and (hopefully) make a profit so the households can be repaid. Generally, we save or invest our money in banks, bond, and stocks.
• Banks
• Bonds
• Stocks
• The value of our investments is determined by time, yield, and principal.

• Compound interest practice:
• 

Tuesday, 12/20

• Essential Questions: Why save and invest? How do time, interest rate, and principal affect the value of my investments? What's the best place to invest: banks, bonds, or stocks?

• Finish your compound interest practice work sheets.
• Introduce the compound interest calculator. How do I become a millionaire by retirement?
• 

Thursday, 12/22

• Essential Questions: Why save and invest? How do time, interest rate, and principal affect the value of my investments? What's the best place to invest: banks, bonds, or stocks?

• Review Millionaire by Retirement Investment Values

• Review/Research Historical Stock Prices. What has happened to the market lately?

• Play the Stock Market Game.

Friday, 12/23

• The Stock Market Game
• 90 minute early dismissal schedule
• Happy Winter Break!

Week of January 2nd

Monday, 1/2

• No School

Tuesday, 1/3

• Introduce The Final Budget Project. This will be your final for the year (worth 1/3 of your grade). You will also receive a grade based on your ability to use your time efficiently on the 2nd quarter portion of your grade.

• Final Budget Project Wiki Link
  

• Make sure you've submitted all late work from the 2nd quarter.
  

Wednesday, 1/4

• Work on our final budget project.

• Final Budget Project Wiki Link
  

Make sure you've submitted all late work from the 2nd quarter.

Thursday, 1/5

• Work on our final budget project.

• Final Budget Project Wiki Link
  

Make sure you've submitted all late work from the 2nd quarter.

Friday, 1/6

• Work on our final budget project.

• Final Budget Project Wiki Link

• For those of you who need to update or recreate your resumes and cover letters here are the files that Mr. Campbell provided for you earlier in the year to help properly format them. Remember, you want to submit to me as perfect a version of each of these as you can, as this project is your final exam for the course.
• 
• Read the resume tips on the "Seven First-Time Resume Concerns." Although these are directed at people who have finished their training or college, there are useful strategies here.

Make sure you've submitted all late work from the 2nd quarter.

Week of January 9th

Monday, 1/9

• Work on our final budget project.

• To make sure you are staying within the proper time-frame to complete the project on time, you should have at least your taxes section of the final budget project finished by the end of today. Make sure that you follow the tax form directions properly as they're listed on the budget wiki. Have Mr. Mitchell check your math before proceeding past the tax section of the project.

Final Budget Project Wiki Link

Tuesday, 1/10

• Work on our final budget project.

Final Budget Project Wiki Link

• Make sure you've submitted all late work from the 2nd quarter.
  

Wednesday, 1/11

• Work on our final budget project.

• Final Budget Project Wiki Link
  

Make sure you've submitted all late work from the 2nd quarter.

Thursday, 1/12

• Work on our final budget project.

• Final Budget Project Wiki Link
  

Make sure you've submitted all late work from the 2nd quarter.

Friday, 1/13

• Work on our final budget project.

• Final Budget Project Wiki Link

Make sure you've submitted all late work from the 2nd quarter.