Week 15 Assignments...

Monday:  Review for chapter 4 pre-quiz


Tuesday: Chapter 4 pre-quiz


Wednesday:  Chapter 4 Vocabulary due


Thursday:  Finish Chapter 4


Friday:  Chapter 4 Quiz, Chapter 4 HW PP87 2-6; 94 2-6; 99 2-5


Stop Your Teen from going into debt

Week 14 Assignments

Monday:  Go over Chapter 3

Tuesday:  Chapter 3 Vocab due; 64 2-4; 70 2-5 (6 for extra credit??); 75 2-5.

Wednesday:  Chapter 3 Quiz

Thursday: Chapter 4 pre-quiz

Friday:  Stock Market Game in the Computer lab

On an unrelated note...

Nothing really to do with Economics, but I happened upon some videos on you tube and lo and behold, what did I find?? 

Here's an easy extra credit.  Name at least 4 NV faculty members playing in this band...

The first 10 to post the results will get a 100 extra credit grade.

Consumerism

Consumerism...The Musical

 Fight Consumerism

Consumerism

Consumerism @ Yahoo! Video

What is a similar message in all these videos?  How do they get their point across?  Which video makes you feel "guilty" about consumerism?  Which one(s) points out excess without making you think that the world is coming to an end because of frivolous spending?  Do any offer a solution to excess consumerism?

And the week #11 Winner is...

For the second week in a row... TRAVIS FRENCH!!  Great job, Travis!  When asked how he felt about the back-to-back wins Thursday evening, Travis said, "Wow!  This is the best thing that's ever happened to me...In my life!!!  Mr. Williams, thank you for this incredible opportunity you've given me.  I still don't think you're the wisest teacher in our school, but you're ok.  In fact, you're my all-time favorite economics teacher (even though you  really stink at the Stock Market Game)."  When asked of his plans for his pretzel or ice cream, Travis said he was going to pick the ice cream again, but  promised he would keep it with last week's reward in his locker until after wrestling season. 

And in the Golf portion of the stock market game, after 5 weeks atop the leader board, we have a new negative leader.  Unseating Brandon took some time, but Sean Farrell came through when it counted most, crushing Brando to "win" by over -$10,000.  When contacted after the closing bell of the exchange a very emotional Sean stated that his new goal was not just to be the negative leader next week, but to actually finish with less than $7,500 total.  "Claiming the lead was an accomplishment, especially over a competitor like Brandon," Sean said, "but now that I'm here, I've got to set new goals and watch out for others trying to take my title."

Health Care Information

Health Care Reform

Do these proposals sound good, bad, or neutral??

Market Economic System

Extra Credit...1st 10 responders get a 100 quiz grade.

(The article is,"2 Myths about China" so please don't respond to the cartoon!!)

2 more myths about China

Read this article and respond with your thoughts on one or both of the myths.  1-2 paragraphs only please!!

Week #11 Assignments...

Monday:  work on project

Tuesday:  Project Due, HW due

Wednesday:  Chapter 2 Quiz

Thursday:  Chapter 3 "Your Role as a Consumer" Workday

Friday:  Chapter 3 Pre-Quiz, notes, etc.

Next Week:  Chapter 3 Vocab due; 64 2-4; 70 2-5 (6 for extra credit??); 75 2-5. 

And the winner is....

     No longer the Bridesmaid, Travis French has finally broken through to the top on the day when it mattered most!  Accumulating a total of $130,499.30 to post the largest margin of victory to date in the game ($9669.15).  Now that he has the big target on his back, will he continue to surge ahead?  Will Activision give him the boost that he needs?  Will Nick, Jolynn, or Emily come back next week?  Will any of the bottom feeders make a big jump up to the top?

      On a different note, in the stock market golf game, Sean Farrel had what seemed to be an insurmountable lead going into Thursday's crucial competition, but Brando--the undisputed warrior of the depths--showed he still has what it takes to keep his title!  Up by several thousand dollars, Brandon saw his net value plummet until he finally settled $5200 below his nearest competitor.  Wow, now that's performance under pressure!

This just in...13 students test out of their hw for chapter 2

Good job!  Enjoy those 100's that are already in the gradebook!!

Monday in the Computer Lab 11-09-09

Today your group is going to research economic systems:  a Market System, a Command System, and a Traditional System

You are looking for:  1.  How does each system answer the 3 basic economic questions?  2.  What are some benefits to each system?  3.  What are some disadvatages to each system?  4.  Where can each system be found around the world?  5.  Where can each system be found in the United States? NY? NV?

This information will be put together in a poster for each group of 3.

Week #10 Assignments...

Monday:  Computer work in the lab

Tuesday: Chapter 2 pre-Quiz.  Work on Chapter 2 HW

Wednesday:  Observance of Veteran's Day.  No School.

Thursday: Notes/Review chapter 2.

Friday: Chapter 2 Vocabulary Due. 

Next week:  Pages 38 2-5; 44 2-6; 49 2-4;

And the winner is...

Nick Benjamin!!!  With $123,481.10, Nick moved past Travis to win by $847.56 late Thursday afternoon!  The last 3 weeks have seen 3 different lead changes.  Will this continue or will Nick build on his lead and pull away from the others?!?!?!  Will Travis continue to be the bridesmaid and never the bride?!?!?!  Will Mr. Williams be able to keep from becoming a bottom feeder?!?!?!  Will Sean Farrell ever be able to over take Brandon Demara in what has become the epic battle of Stock Market Game Golf?? (After briefly taking the bottom lead, Sean then saw his portfolio grow by over 100% to finish in a solid #47!)  Brandon can rest easy knowing he's "leading" now by a solid $19,000 over his next nearest competitor--that's amazing!!!

Mr. Williams and the bottom feeders!!

It's official, Mr. Williams has officially rejoined the proud ranks of the bottom feeders!  Also of note, our SMG golf leader had his title taken away at least 2 times yesterday, but eventually had a strong push to regain the "lead" and reclaim #48!!  Good job, Brando!!

Scarcity, Opportunity Costs and Benefits Project

Scarcity Learns a Lesson--Read this Poem before doing the assignment below

Assingment for the Scarcity Poem

Week #9 Assignments

Monday: Chapter 1 Notes, Lecture


Tuesday: Computer lab.  Chapter 1 computer work, work on stock market game.

Wednesday: Chapter 1--Finish Notes, review for quiz.  PP8 2-5; 16 2-4; 23 2-4.

Thursday: Chapter 1 Quiz

Friday: Work on chapter 2.  Prepare for Chapter 2 Pre Quiz.

Copyright © LearningToGive.org

The Week #8 winner is...

Emily Gac!  Congratulations.  After attaining the lead last Friday and then shooting up to $260,000 it looked like Emily was just going to walk away with the title.  However, that was before a very turbulent week that saw her lead erode and saw Travis French and Zeb Jordan share the lead Thursday before Emily was able to come back to finish with $127,120.17, giving her a $613.22 lead over Zeb.  Our two time champion Kylee Lane saw her fortunes drop as she moved down to #28.  Can she make it back to the top next week?  Great job all!

Economic Theory through the years. Looking for Responses

Economic Theory

Which economic theory do you agree with and why?? Give some clear details and examples.

Which economic theory do you totally disagree with and why??  Give some clear details and examples for this as well.

New York State Health Insurance Comparison. This may interest your parents more than you!

NYS Insurance Comparison PDF

Video on Medicare Fraud...feel free to comment

60 Minutes Video.  1st Subject
How could this happen?  Why is it so hard to find and then stop?  How much money is being wasted?

Week #8 Assignments

Monday: State Ed Department Survey.  Check the Blog.  Stock Market Game.  Check Book Covers Period 7

Tuesday: Go over Roman Numeral Pages.  Check Book covers Period 3.

Wednesday: Chapter 1--begin work

Thursday: Continue chapter 1

Friday: Chapter 1 Vocab Assignment due.  Next week, end of section questions.  Chapter 1 quiz.  Probably Tuesday 

Humor and Economics

How does e-trade use humor while still getting across information about their product?  Do you feel it's effective?

Nick Wilson Memorial Skatepark. Nike Banksgiving 6.0

Nick was a former student here in Newark Valley, class of 1998.  Great kid who died serving his country.  I miss him and thank him for his ultimate sacrifice!

State Education Department Survey--Must Take in Class Today

State Education Department Survey on Teaching slavery

Please click the link above and take the survey!

http://www.youtube.com/watch?v=_K0m3Bq-L5Y

http://www.youtube.com/watch?v=_K0m3Bq-L5Y

The Stock Market Game Goes Bananas!!!!

I have to miss a day of school for a memorial service and what happens to the game??  Emily Gac, Zeb Jordan, Jolynn Seymour all gain $75,000 or more in a single day!!  How is that possible?  Click on their transaction history and take a peak at how they have "jumped" (or should I say "JUNP-ed") to the top.  Great job guys!  What will be the next JUNP?  Ask Travis.  The same stock that I lost $2000 on he has made $26,000 on.  Will JUNP continue on or come back to earth?  Post what you think!

Proposed Budget Cuts could mean a 3% cut for NV

Click here to see how much $ NV will lose

How could the District either save the difference or raise income to make up the difference for the proposed cuts?  What do you think?  $411,000 is a pretty big chunk of change for our district.

Week 7 Stock Market Game winner is...

Wow!! What a week of trading and lead changes!  On Thursday alone, there were 7 different leaders perched atop the leader board at any given time.  Although, I rose from the ashes going from 47th place up to #2, I--nor anyone else in the senior class for the 2nd week in a row-couldn't catch Kylee Lane with $109,712.82 (the winner by $946.44)!  Congratulations on 2 weeks in a row!!  Who will win next week???  Stay tuned and we'll find out!

Budgeting Questions

Ramsey Budgeting Questions

60 Minutes Ponzi Scheme

We watched this in class, but not all got to finish it.

Week 7 Assignments

Monday: Review for budgeting, investing exam
Tuesday: Exam on budgeting & investing
Wednesday: Blog Assignment Due from last week.  Begin Work from Textbook
Thursday: 99% of your money must be invested in the stock market to receive full credit grade
Friday: Announce Winner of Week 7 Stock Market Game.  Finish Preliminary work from Roman Numeral pages of the book. Bookcover quiz.

Budgeting Questions for practice

Budgeting Quiz

1. The budgeting process starts with monitoring current spending.
True
False
2. Most short-term goals are based on activities over the next two or three years.
True
False
3. A common long-term goal may involve saving for college for parents of a new-born child.
True
False
4. Rent is considered a fixed expense.
True
False
5. Flexible expenses stay about the same each month.
True
False
6. The final phase of the budgeting process is to:
set personal and financial goals.
compare your budget to what you have actually spent.
review financial progress.
monitor current spending patterns.
7. An example of a long-term goal would be:
an annual vacation.
saving for retirement
buying a used car.
completing college within the next six months.
8. A clearly written financial goal would be:
To save money for college for the next five years
To invest in an international mutual fund for retirement
To establish an emergency fund of $4,000 in 18 months
To pay off credit card bills this year
9. An example of a fixed expense is:
clothing.
auto insurance.
an electric bill.
educational expenses.
10. What is commonly considered a flexible expense?
rent
a mortgage payment
home insurance
entertainment

BUDGETING QUIZ ANSWERS

1. TRUE
2. FALSE
3. TRUE
4. TRUE
5. FALSE
6. review financial progress
7. saving for retirement
8. To establish an emergency fund of $4,000 in 18 months
9. auto insurance
10. entertainment

The Financial Peace High School Curriculum videos...

These are the videos that we watched early in the semester.  Enjoy!!
Watch the sample videos on this page!!

Ramsey on Budgeting Basics

Title:

2009 Basics for Budgeting

Steve Forbes on the flat tax and a look at the "Fair Tax". due Friday, 10/23

According to Steve Forbes, what are some of the problems with the current tax system?  How does he illustrate this?  What is his solution?


Fair Tax Basic Beliefs

Look at the "Fair Tax" information.  What are some of their potential solutions?

Answer both sets of these question on a separate piece of paper to be turned in on Friday, October 23rd.

Leave comments on what you think about these tax reform ideas.  Have you heard of any other alternative tax plans?

Why budget? Let's look at the 1950...

What does this video tell you that budgets do?  What does it tell you budgets do not do?  What is something you saw you don't agree with?  What good ideas have not changed in the last 60 years?

landon swartwood

Cassidie Predmore

Week 6 Stock Market Game Winner is...

Kylee Lane with a net worth of $110,938.35! She had a narrow victory of $119.44 over Ray Hines. Harley Babcock was only a few hundred dollars behind as well. Great job!!

Test pushed back once again...

Due to the technical problems we experienced this week getting our accounts up and running, I've decided to move our test back to Tuesday. Still need to comment with your name on one of the posts, so don't forget! Send me any questions you may have at kwilliams@nvcs.stier.org or post a comment.

Stock Market Game Leader...Pretzel or Ice Cream

At the close of business Thursday to be determined!! Kylee's looking pretty tough but Ray and Jeff are close behind.

Stock Market Game Link

2009-10 Economics Stock Market Game Link

Subway

Another funny song, but how does Tim Hawkins use humor to point out what makes certain economic (and social!) decisions undesirable?

The Government Can

How does Tim Hawkins use humor to make a point?  What is his point and is it effective? Let me know what you think!

Saving Money this month...

What have you done to save money on a purchase or to put into savings this month?

1st Blog Homework

All you need to do to get your first hw grade for a blog is to comment on this post with your name. It doesn't get any easier than this!

STOCK MARKET GAME...

Every week you need to make sure that you are buying and selling a stock.  You will recieve a weekly grade for this as well as a chance to win a pretzel or ice cream during lunch on Friday. 

You need to have invested all of your money (at least $99,000) buy next Friday, October 23rd.

Week 6 Homework Assignments...

Week 6.
Friday, be ready for a budgeting, financial planning, stock market game exam.
Credit Crisis assignment is due.
Leader in the stock market game at the close of business on Thursday will get a pretzel or ice cream certificate for Friday's lunch!

Credit Crisis Video with Assignment

Credit Crisis Explained 11 minute video

This video shows in laymen's terms how we got where we are in the credit industry. 

Before you watch this video, write down what you know about America's credit crisis (as it relates to mortgages). 

After watching the video, with a partner, write a 1 paragraph synopsis of what has caused the credit crisis and how another crisis can be avoided in the future.  This needs to be typed and turned in by Friday.

Assignment Annoncement

Beginning this week, all homework assignments will be posted to this blog.  Be sure to check back for changes!