Objective: Students will complete their Good Ol’ Days Projects today by presenting their timelines and skits.
Month: May 2017
May 16 & 17, 2017 Quiz 6D
Objective: Students demonstrate what they know about Monetary and Fiscal Policy by taking Quiz 6D. Students will work in their Project Teams
Click here to take Quiz 6D Monetary and Fiscal Policy
You will have two attempts to take this quiz. Check your answers after your first attempt and try again to improve your score. The highest score will be recorded.
When you have completed the quiz you will have the rest of the period to work in your project teams.
May 15 & 16, 2017 Fiscal Policy
Objective: Students will learn about Fiscal Policy and how it can impact the economy by watching two videos and completing a worksheet. Students will work in their project teams.
Use the Fiscal Policy Worksheet in Google Classroom to capture information about Fiscal Policy.
John Maynard Keynes
Keynesian economics theory states that governments can influence economic productivity levels by increasing or decreasing tax levels and public spending.
Criticisms of Fiscal Policy
Quiz next class over Monetary and Fiscal Policy. There will be 10 questions and you will have two attempts to take the quiz.
May 12, 2017 Quiz 6C
Objective: Students demonstrate what they know about taxes, consumer spending and economic growth by taking Quiz 6C. Students will work in their Project Teams
Click here to take Quiz 6C
You will have two attempts to take this quiz. Check your answers after your first attempt and try again to improve your score. The highest score will be recorded.
When you have completed the quiz you will have the rest of the period to work in your project teams.
May 10 & 11, 2017 Monetary Policy
Objective: Students will learn about the role of the Federal Reserve and Monetary Policy by watching videos, reading Monetary Policy Notes and completing the Monetary Policy Worksheet.
Federal Reserve Regions
The Biggest Bank in Every State
Use these Monetary Policy Notes to complete the Monetary Policy Worksheet in Google Classroom.
Homework: Read the following articles
Study for Quiz 6C Interest Rate Fluctuations and Business Cycle. You will have two attempts to answer 10 questions.
April 28, 2017 Business Cycle, Monetary and Fiscal Policy
Objective: Students will discuss the homework reading assignment LAP EC-009 Boom or Bust. Each team will discuss the Business Cycle Fact Sheet and decide if the statements are true or false. Teams will work on their projects.
http://www.moneycrashers.com/leading-lagging-economic-indicators/
http://www.investopedia.com/video/play/business-cycle/
Work in your teams to answer the questions on Business Cycle Worksheet
http://www.socialstudieshelp.com/eco_business_cycle.htm
Homework: Read pages 482-486 in Business a Changing World (The American Financial System to Banking Institutions) and answer questions 3 and 4 on page 498.
May 5, 2017 Quiz 6B Consumer Spending & Unemployment
Objective: Students will demonstrate what they know about Consumer Spending and Unemployment by taking Quiz 6B
Click here to take Quiz 6B
- Your user name is jfk[student#]
- Your password is 8digit birthday
You will have two attempts to take this quiz. Review your answers after the first attempt and take it again to improve your score. The highest score will be recorded.
When you have completed both attempts you can use the rest of the period to work on your project with your team.
Homework: Read LAP EC-009 Boom or Bust answer the Total Recall Questions on pages 5 and 8 Due May 8 & 9, 2017
May 3 & 4, 2017 Interest Rates
Objective: Students will discuss the readings on Interest Rates and will work with their teams to answer the questions on the Interest rate Worksheet.
1. Nominal Interest Rates vs. Real Interest Rates
Suppose we buy a 1 year bond for face value that pays 6% at the end of the year. We pay $100 at the beginning of the year and get $106 at the end of the year. Thus the bond pays an interest rate of 6%. This 6% is the nominal interest rate, as we have not accounted for inflation. Whenever people speak of the interest rate they’re talking about the nominal interest rate, unless they state otherwise.
Now suppose the inflation rate is 3% for that year. We can buy a basket of goods today and it will cost $100, or we can buy that basket next year and it will cost $103. If we buy the bond with a 6% nominal interest rate for $100, sell it after a year and get $106, buy a basket of goods for $103, we will have $3 left over. So after factoring in inflation, our $100 bond will earn us $3 in income; a real interest rate of 3%. The relationship between the nominal interest rate, inflation, and the real interest rate is described by the Fisher Equation:
Real Interest Rate = Nominal Interest Rate – Inflation
Work with your teammates to complete Nominal Interest vs. Real Interest Rate Worksheet
Homework: Read LAP EC-009 Boom or Bust answer the Total Recall Questions on pages 5 and 8 Due May 8 & 9, 2017
Quiz on Friday May 5, 2017 over Consumer Spending and Unemployment. You will have two attempts on this quiz.
May 1 & 2, 2017 Unemployment
Objective: Students will discuss the readings on Unemployment with a partner and share what they discuss with the class. Students will work in their project teams.
Class Work: Read these two articles on Unemployment with your team and identify the key points in each paragraph. Be prepared to lead the discussion with the class on one or more of the paragraphs.
JFK High School of Business 