Online Resources for
Economics



StocksQuest.Com Wrap-Up
1. List the stocks you bought (at least five)
2. Which increased in value? What reasons can you give for the increase?
3. Which decreased in value? What reasons can you give for the decrease?
4. What are the broker recommendations for these stocks today?
5. If this had been your own real money, what would you have done differently?
6. If you had money, would you invest it in the stock market? Why? If not, what would you do with your money?
7. What did you learn from the StocksQuest simulation (list a minimum of five)?
8. Do you know more about the stock market now than you did before the simulation?
9. What did you liker about the simulation?
10. What didn't you like about the simulation?
11. What could I have done to make it better?
12. How much money did you make/lose?
 
Post your answers on the Discussion Board and give Mrs.Harrison a hard copy.
 

Monetary and Fiscal Policies

Follow the link and investigate the role of The Federal Reserve (aka The Fed - monetary policy) and the Federal Government (fiscal policy). Online Lesson. Answer the questions posed at the site.

 

Labor Unions
Although labor unions have had declining membership since the 1950s, they are still an important force in the market. Investigate either a national, state or local union. Report its history, functions, and activities. Why do these organizations exist? Below you will find some unions. You are not required to investigate any of these, but you may.
National Football League Players Association National Basketball Players Association Major League Baseball Players Association
California Nurses' Association California State Firefighters' Association National Hockey League Players' Association
El Segundo Teachers' Association Labor Links & Labor Net Links Oil, Chemical, & Atomic Workers Union
California Teacher's Association National Education Association California Peace Officers' Association
United Farm Workers United Steel Workers Association Society of Professional Engineering Employees in Aerospace

 

GDP
Business Firms (Chapter 9)
  Sooooo.... what type of business would you want to start (proprietorship, partnership, or corporation)? What services and products would you offer? Where will you do this business? How will you raise money to start?

Fully describe the business. (If you were to really start a business you would want to develop a business plan.) In your description, please include 4-5 links/URLs to businesses already on the Internet that are similar to yours. Describe your costs of production and the prices for which you are willing offer your service/products.

Use the the applicable vocabulary below:

bond proprietorship charter
common stock partnership articles of confederation
line of credit corporation partnership agreement
loan not-for-profit organization  
  for-profit business  
liability horizontal merger dividend
unlimited liability vertical merger interest
limited liability conglomerate merger test of market
  multi-national business  

Please turn this electronically by saving it onto Dr. Gen's disk or emailing it to rgen@esusd.k12.ca.us

 

Supply &  Demand Equilibrium (chapter 8)
 
Extra Credit Exercise
 
Supply  - Chapter 7
  Task 1 - Review your www.stocksquest.com holdings and trade your stocks. Who's ahead in your class?

Task 2 -  Go to http://ecedweb.unomaha.edu/Dem_Sup/supply.htm and do Parts I, II, and III. In your notebook, answer questions the "For Discussion" questions for Parts I, II, & III. You may review Demand too but the assignment is to do Supply. (Due at the end of the period).

Task 3 - For review, follow the link and do the exercises #1-15 found there. (Due April 16).

Task 4 - For review, follow the link and do exercises #1-17 found there (Due April 16).

If you were not here the Friday before Spring Break, do the Demand - Chapter 6 below.
 

Demand - Chapter 6
We have been playing the StocksQuest simulation for the past couple of weeks. We have also been studying the concepts involved in demand. Let's put the two together. Please write about what you have learned, what you have enjoyed (or not enjoyed) about trading stocks. Please use the vocabulary below in your write up. If you really did have a certain amount of money to invest, would you be prepared to invest in the stock market?
demand demand curve determinants of demand
substitute products/effect income effect population effect
complementary products/effects price expectations effect tastes and preferences effect
diminishing marginal utility elasticity/inelasticity of price

Please place your writing in the Discussion Board under the Economics discussion entitled "trading stocks" Please be sure that you use the vocabulary. 

 

Choices and Economics 
Public Sector and Private Sector
As seniors, most of you will soon be off to college or some form of additional education (97% of all ESHS grads attend some type of school after graduation). Whether you go to a local community college or a university back east, you have many decisions to make including financial ones. To help you decide, follow the link to the College Board where they have helpful information and exercises.

After checking out the site, write a about your future plans using the following vocabulary:
invisible hand theory social economy competition
economies of scale private sector public sector
positive externalities property rights negative externalities
laissez faire contracts

Please place your writing in the Discussion Board under the Economics discussion entitled "future plans." Please be sure that you discuss your future plans using the vocabulary. 

 

Vocabulary Chapter 1  - Write about your experience playing the automobile game using the words from the following list:
allocation, budget constraint, economics, economic system, limited resources, macroeconomics, opportunity benefit, opportunity cost, scarcity, theory, unlimited wants and needs
Due Feb 14, 2002

Online Discussion 1
Please view the Scarcity Flash Movie. After viewing the movie, go to the Discussion Board and discuss the following: Is it fair that so few people control so much of the world's resources? What alternatives are there? In a capitalistic economy, what can be done to address these inequities?


Case Study 1
Read the brief article about the supply and demand of methamphetamine. Please discuss the article in terms of supply and demand. In your discussion please utilize the following terms:
supply, demand, elasticity (elastic) of demand, scarcity, price, substitute goods.

 

Class Notes
Chap 1 Chap 2  Chap 3 Chap 4 Chap 5 Chap 6 Chap 7 Chap 8
Chap 9 Chap 10&11 Chap 14&17 Chap 13 Chap 15 Chap 16 Chap 23