Your to-do listPlease open the Nearpod app. I will post the code to join our session in the Zoom chat for those of you at home. We will resume the presentation on the role of government momentarily. COVID Market FailuresThink of the market failures that the government tries to address that we discussed today. Consider the United States' government's response to the coronavirus pandemic. How has the government addressed these market failures? Please do some research, find one example, and post it to the COVID Market Failures question on Google Classroom.
Make sure to include the government's action and which type of market failure it addressed.
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Your to-do list
Anything wrong with this idea?The Role of GovernmentPlease open the Nearpod app and wait for the code. I will post it in the chat.
Please also access the Role of Government- Nearpod notes on Google Classroom. I expect you to complete this as we work. Your to-do list
Bus in the SnowEconomics Systems Station Rotations
At their core, economic systems address how our limited resources are used and who will get them. Today you'll explore these systems in a few different activities.
First, you will watch the Crash Course Economics video on Economic Systems that I have posted on Edpuzzle and answer a few questions as you watch. You'll find this activity posted on Google Classroom. Second, some of you will meet with me to discuss whether you would like to live in a society in which everyone got the same thing or one in which we all compete? Lastly, you will investigate some real world examples of these economic systems in action. You will need to head to the Economic Systems activity on Google Classroom. Once there, use the infographic there to answer the questions posted. Your to-do list
What would you eat?
Remember the item that you wouldn't eat that you recorded in the last class. Please head to the What would you eat activity on Google Classroom and we'll find out if you are really willing to eat it.
Cost Benefit AnalysisMarginal AnalysisYour homework
Keep an eye out for examples of economics in the world around you between now and the next class. Specifically, I would like you to find an example of opportunity cost, cost-benefit analysis and marginal analysis. Your examples could come from your own life or from the media but they must be specific examples of something that has happened,
Please post your response to Google Classroom at the Real World Economics Examples: Thinking like an economist. Bus in the Snow
There is a bus filled with forty people traveling up a snowy hill on a college campus. As the bus makes its way up the hill, it becomes stuck. The driver tells the passenger that the bus is carrying too much weight and ten of the passengers must get off and walk the remaining quarter of a mile (400 meters) up the hill.
Economic Systems
An economic system is the method used by a society to distribute goods and services. It must answer three questions.
Please head to the Economic Systems activity on Google Classroom. Once there, use the infographic there to answer the questions posted. Your to-do listPlease complete the following activities to begin class. The Lazy SongPlease listen to Bruno Mars' Lazy Song. Try to keep track of all of the things he could of done today but chose not to. Don't worry if you miss some. Don't want to eatPlease head to Google Classroom to the Don't Want to Eat question. There I would like you to simply respond with something that you do not like to eat or even would not eat. Senior Skip DayWhy is Senior Skip Day in the spring? The story of Ryan FitzgeraldCost Benefit AnalysisMarginal AnalysisYour homeworkKeep an eye out for examples of economics in the world around you between now and the next class. Specifically, I would like you to find an example of opportunity cost, cost-benefit analysis and marginal analysis. Your examples could come from your own life or from the media but they must be specific examples of something that has happened,
Please post your response to Google Classroom at the Real World Economics Examples: Thinking like an economist. Your to-do listLet's spend the day learning more about each other. Get ready to figure out what everyone is lying about.
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January 2024
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