AuthorMs Ross, can't believe she is at home in the middle of the biggest economic crisis and not in the class teaching about it. ArchivesCategories |
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This weeks plan: Further explore Behavioural economics, looking specifically at cognitive biases.... ....and this brings us to the end of "new" content. After this lesson, the only thing left for you to complete the course is to complete your work!
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Grades were released on Friday. Please make sure you know exactly where you stand in this course.
This weeks plan: Explore Behavioural economics, looking specifically at Game Theory, Sunk Cost Fallacy, and a few other theories. There is one reading that will help this week's assignment: 1) 30 Second Theories, attached below. It is a series of excerpts from the book 30-Second Economics By Donald Marron. The Sunk Cost Fallacy Article is optional.
This week, your assignments are: 1) Ten Principles of Economics reflection, posted through TEAMS 2) Complete previously due work-- everything is due by June 15th. 3) Start thinking about your final project (complete the online survey, the project description will also be made available) 4) Check in on HTMW Crunch time-- money only exists if you cash out, which stocks should you sell? Is there any last minute opportunity to gain? This week's optional tutorials:
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Week 7- Transition5/18/2020 This weeks plan: Breathe. Keynes is done. There are no assignments this week. Leading to Behaviour Economics next week, we have the opportunity to have some choice of discussions this week... This weeks optional tutorials: Tuesday 1pm: Inquiry Project-- plan for final unit Thursday 1pm: as per vote (see below) 1) Milton Friedman & Monetarism 2) International Institutions & New Institutionalism (IMF, UN) 3) History of a Commodity-- Oil 4) History of Economic Collapse-- Case study Greece, Argentina This weeks Assignments 1) Vote on which topic you'd like covered in Thursday talk 2) Complete previously due work Don't forget the discussion questions/ conclusions. 3) Check in on HTMW Next weekI intend to start behavioural economics: Week 8 Cognitive Bias Week 9 Game Theory Week 10 Inquiry Projects (Due June 15)
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Week 6: Summative5/10/2020 Report cards are due May 19th. This weeks plan: Draw on all of your learning and assess Keynesian economics in the current economic context. Under Economic materials, I have included a series of sources that you may use for your assignment this week-- use as many or as few as you deem necessary. You are also welcome to seek your own sources.
There are no set discussions this week.
There are also no "live lessons" this week-- although I will still be available on Tuesday/ Thursday 1pm for live question/ answers. This weeks Assignments 1) Summative: Keynesian Assessment If this is not submitted-- you will have an "I" on the upcoming report card. 2) Complete previously due work. Any missing work from Unit 1-4 will result in an "I" on the upcoming report card.
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This weeks plan:
Understand the pain of the 1930s, the repercussions around the world and evaluate the different government responses from Canada & the USA. Under Economic materials, there are some more videos about what life was like in the 1930s, there is also a powerpoint on how to read political cartoons, and there are also political cartoons. This week we will be doing two readings: 1. One from the package that was sent home before spring break: Roosevelt & the New Deal: an excerpt from a history text, page 116-120 2. The Pdf is from the Gr 10 text book, posted on the economic materials page, directly under the video and before the political cartoons. It is seven pages in total, but page 5 is the most critical. Please take notes with the essential questions below in mind. Essential Questions: (discussions to begin Wednesday) 1. What are the problems facing the North American economies? 2. How does Canada respond? How does the USA respond? 3. What are some examples of Keynesian policies put into action? Do they work? 4. Does Keynes' theories solve the Great Depression? This weeks optional tutorials: Tuesday 1pm: 1930s Living Conditions & Political Cartoons Thursday 1pm: Bennett vs. FDR This weeks Assignments 1) Political Cartoon Analysis 2) Participate in Online Case Study Discussions 3) Complete previously due work. 4) Check in on HTMW This week in "How the Market works" This week you should: 1) Spend all of your $10,000. 2) Choose one of your stocks and make a prediction about where it will be in a week-- set a future buy/sell limit order on this prediction-- share it in the discussion stream. If you think it will increase, set a sell order at a "limit" which will automatically sell the stock if it reaches a certain price or better. If you think it will decrease, set a sell order at a "stop" which will automatically sell a stock before it hits below a certain price-- limited your losses.
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Week 4- 1920s Boom... 30s Bust4/26/2020 This weeks plan:
Explore the 1920s & 1930s, & learn about business cycles. Under Economic Resources, I have posted some optional short little informational videos on the 1920s and 1930s. There is also a link to my powerpoint about Black Tuesday and the Great Stock Market Crash. This week we will be reading from the text book (Economics Through Everyday Life) 1) Mandatory: Chapter 7 Booms, Bubbles & Busts 2) Also Recommended: Chapter 8 The Social Security System, Welfare spending, & Healthcare in the United States Please take notes (don't write in the books!) with the essential questions below in mind. Essential Questions: (discussions to begin Wednesday) 1. What causes business cycles? 2. What is the most harmful type of unemployment? 3. Should Governments intervene to prevent busts? 4. How is our current economic crisis similar and different from the Great Depression? This weeks optional tutorials: **Wednesday 1pm: 1920s, Booms & Busts (Rescheduled only for this week! Tuesday is my son's 6th birthday, I'd like to leave the afternoon open for him! ) Thursday 1pm: The Causes of the Great Depression Powerpoint This weeks Assignments 1) Multiparagraph answer (posted in TEAMS) 2) Participate in Online Case Study Discussions 3) Complete previously due work. (Parents will be receiving an email/phone call this week for any outstanding work, or any student at risk of failing.) 4) Check in on HTMW This week in "How the Market works" This week you should: 1) Spend all of your $10,000. 2) Post in the Teams channel what is your most successful stock purchase, and why.
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Week 3- Keynes & His writings4/19/2020 This weeks plan:
Explore economist John Maynard Keynes & a chapter of The Economic Consequences of the Peace. Under Economic Resources, I have posted an bibliographic video for you to watch-- it is about 40mins. It discusses Keynes, the Great Depression & 2008 Crisis-- but can also be applied to our current situation. There are also two readings that were sent home before the break: 1) John Maynard Keynes from The History of Economic Thought a Reader. (one double sided page.) 2) Chapter VI: Europe After the Treaty from The Economic Consequences of the Peace Please take notes (or annotate!) with the essential questions below in mind. Essential Questions: (discussions to begin Wednesday) 1) What impacts did The Economic Consequences of Peace have on global politics, and Keynes career? 2) How does Keynes agrees/disagree with Lenin and Marxism? 3) Why was Keynes able to respond so quickly to the Great Depression? 4) Keynes solutions focus on unemployment-- how do these priorities remain relevant today? This weeks optional tutorials: Tuesday 1pm: Keynes, the man & ideas (watch the video & complete the 1st reading if possible) Thursday 1pm: Socratic: Economic Consequences of the Peace This week, your assignment is to complete: 1) Multiparagraph answer (posted in TEAMS) 2) Participate in Online Case Study Discussions 3) Complete previously due work. 4) Check in on HTMW This week in "How the Market works" This week you should: 1) Buy a mutual fund & sell a stock. 2) If you have questions, observations, ideas-- post them in the HTMW channel in Teams.
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Week 2 - The Plan4/13/2020 Welcome back, officially.
Hopefully you had an opportunity to get online in TEAMS and HTMW-- please email me directly if this is still a problem. This week in "How the Market works" I will doing a live online demo through TEAMS, Thursday, 1-2. This week you should: 1) Search out three valuable companies that you might be able to provide as "stock tips" next week. 2) Buy some stock. 3) If you have questions, observations, ideas-- post them in the HTMW channel in Teams. This weeks plan: review WWI & the Treaty of Versailles. On this website, under Economic Resources, I have posted a few videos for you to watch. Please take notes with the essential questions below in mind. There are NO additional assignments aside from your discussion, and the expectation that you submit all previous due work. In your discussion groups, please discuss: 1) How did Classic Economic beliefs contribute to WWI? 2) How did the Communist revolution contribute to issues around the Treaty of Versailles? 2) What were the individual goals of the UK, France & USA after WWI in establishing peace? Did they accomplish their goals? 3) What was the impact of the Treaty on the German people, German democracy and the global economy?
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Week 1 - Expectations4/6/2020 This week is about taking it easy and working back into a rhythm...
Good news: the online market website is back up! (Check the resources page! We can start this right away!) Bad news: we have to ditch the government game. So what are we going to do? * We are going to take our time. * We are going to consider all that is going on in the world, and make connections between the news and the course. * We are going to cut down the number of units, we will cover Keynes (with connections to institutionalism & monetarism) and contemporary economics (mostly behavioural.) What can you expect from me? * I will answer your emails as timely as I can. * I will try to establish set times we can video conference to discuss ecomonics if you'd like. (details and tech to come) * I will post a rough timeline for the course. * I will post a weekly blog with clear expectations, resources and small assignments to be completed that week. * I will keep in mind that this is weird, and you have other classes to worry about other than just mine. What are my expectations of you? * Check in with the website. * Read the assigned material. * Participate when/where you can, * Submit the assignments. * Be honest, be clear and communicate your needs, concerns, ideas & questions. First week Priorities: 1) hand in your communism one pager 2) log into howthemarketworks.com and set up a profile, join the class competition https://www.howthemarketworks.com/register/182252 3) log into Microsoft Office 365 and see if you are able to use this platform, specifically teams. You will need your langleyschools login and password. I would like to use this platform for video chat. As always, email me with any questions or concerns. |