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 listAn 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. Marginal AnalysisBus 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 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. Your to-do list Please 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.
Your to-do list
Build a WWII BomberDuring WWII, Allied Generals were presented with the diagram above which indicated where the bullet holes on their bombers were found. They wanted to help more bombers return from their missions and had the opportunity to add more armor. The question was where should they add it. They did not have the resources to cover the entire bomber, which also would have made it less maneuverable and fuel efficient. Where would you tell the Generals to put the armor? Please head to Google Classroom to respond. Scarcity in Star WarsWhat do we need to make something?Imagine that you are opening a business. What do you need to get it off the ground? Pasta and ScarcityBarilla, a pasta maker, has a problem with scarcity. Please listen to this story from NPR's Planet Money. As you listen, identify what the scarcity issue was for Barilla and how they solved it.
Your to-do list
K&W CHARTPlease complete the K&W chart on our class on Google Classroom. I have posted it simply as a question there for you to respond to. K is for what do you know about class and W is for what you want to know a.k.a. your questions. We'll spend today talking about our class but I want you to have the opportunity to drive the conversation as well. Your homework: |
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January 2024
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