Unit 4 Test Review

Unit 4 Test Review

M/C: barter system, money as a unit of account, purpose of a mortgage, liquid assets, bank runs, the basis for a fiat monetary system, M1 money, debit cards, gold as medium of exchange (money), usefulness of representative money, S and Ls in the 80s, advantages of diversification, terms related to bonds, types of bonds, money market mutual funds, basic components of bonds, conditions of stock splits, pros and cons of different investment options, the basic characteristics of income, growth, common, and preferred stock.
Matching: be familiar with each of the key terms at the beginning of each section.
Short Essay: 1 .what makes a $100 bill worth a $100? 2. Identify the 3 uses of money and give an ex. of each. 3. Explain what the gold standard is and why it isn’t used in the U.S. 4. Explain why investing is an essential part of the free enterprise system. 5. What are futures and options? What is the difference between investing in the stock market and futures and options trading?

Syllabus, Week 11

Mr. Ditzenberger-Economics
Lessons: Money and Banking Time: Week 11, March 31st-April 4th Unit: Money Banking and Finance
Objectives:
1. Students will read an article on the supply of money.
2. Students will acquire knowledge of the highlights of the history of American banking.
3. Students will demonstrate basic saving and investing terms and concepts in realistic situations.
4. Students will create imaginary bonds for different companies and calculate the value of the investment. Students will incorporate basic financial terms related to bonds in this activity.
5. Students will analyze current event information related to credit cards, the discount rate, and take a quiz on the investment principles in LTE.

Monday
1. Back to the Gold Standard-article. Read and answer the following questions:
a. What was the IMF’s decision in 1944?
b. What did President Nixon do with the dollar when it came overvalued?
c. According to the author, what has created huge U.S. trade deficits?
d. What is the author’s prediction of global currencies if the United States’ budget and economy is not managed well?
e. Based on this article, what is a country’s currency value based upon?
2. Chapter 10, Section 2 lecture. History of Banking.
3. Homework: read section 1. Quiz tomorrow.
4. LTE-134-150.

Tuesday
1. Quiz-mna-4105
2. Simulation of M1 and M2 types of money and investments. Students will be given categories, will be asked to look at the strengths of their types of money and or saving plans and sell that to customers.
3. Find a current event relating to credit cards. Turn in on Friday.
4. Test on Tuesday of next week.

Wednesday
1. Chapter 11, Section 1. Students make and perform skits that illustrate the different terms in their assigned section.
2. Homework-read Chapter 11, Section 2.

Thursday
1. In groups of three, each student picks five companies, issues bonds at different par values, coupon rates, and maturity times. Papers are exc
2. hanged and the person who received their examples needs to figure out the total amount of money that they would earn on their bond.
3. Develop a skit where you are a financial advisor and a customer of yours is in their 20s, 30s, 40, 50, or 60s (ages will be assigned). Each customer wants to spend between 20 and 50% of their money in bonds. Using terms in your book, explain the pros and cons of at least three types of bonds and then give your recommendation to your customer.
4. Homework: Read Chapter 11, Section 3, The Stock Market.

Friday.
1. LTE quiz. 134-150.
2. mna-4117 Quiz over section 3.
3. Discuss current event in groups and turn in.
4. Skills for life on page 284, do in groups of two or three.
5. Homework. Each person go to the interactive chart (http://bigcharts.marketwatch.com/interchart/interchart.asp?symb=&time=&freq=) and enter a company’s ticker symbol. Do this five times for five different companies. Under chart options choose five years or one decade and yearly. Scroll down to lower indicators and choose P/E ratio. Choose a company to purchase based on the advice given on page 150 in LTE and your analysis of the P/E ratio of the given companies. Each team should choose at least two companies to purchase (that haven’t been purchased already) based on these findings. The purchase should be made by Tuesday of next week.

Week 10, Syllabus

Mr. Ditzenberger-Economics
Lessons: Labor Time: Week 10, March 17th-20th Unit: Business and Labor
Objectives:
1. Students will read and discuss the basic tools and historical highlights of the labor movement.
2. Students will read a recent news article regarding counterfeiting currency.
3. Students will be assessed on business and labor.
4. Students will read an article relating to counterfeiting and analyze its effects.
5. Students will read an article and answer critical thinking questions related to monetary policy.

Monday
1. Opener: Who is the most influential person of the 19th century? (5 min)
2. Opener: Who would be in the top 10? Answer: Michael H. Hart’s list (5 min)
3. Read Karl Marx profile on page 227.
4. Labor Unions. Read section (3) and discuss in class.

Tuesday
1. Counterfeiting Article. –Word.
2. Temporary Worker Article-pdf
3. Individually do1-8 on page 206 (answers only, no sentences needed) and 10-17 on page 207 (in complete sentences). 1-7 on page 236 (answers only is fine-no sentences needed) and 9-16 on page 237 (in complete sentences). Due Wednesday.

Wednesday
1. Test.

Thursday
1. Agree/Disagree.
2. Back to the Gold Standard-article. Read and answer the following questions:
a. What was the IMF’s decision in 1944?
b. What did President Nixon do with the dollar when it came overvalued?
c. According to the author, what has created huge U.S. trade deficits?
d. What is the author’s prediction of global currencies if the United States’ budget and economy is not managed well?
e. Based on this article, what is a country’s currency value based upon?

Friday
Good Friday! Praise God for his sacrifice of His Son, Jesus! More valuable than gold, more precious than silver!

Unit 3-Chapters 8 and 9, Test Review

Unit 3, Chapters 8 and 9 Test Review
M/C: advantages of sole proprietorships, % of business that are SPs, gen. partn., business mergers, royalties, quantity and influence of U.S. corporations in the U.S. economy, types of businesses, examples of businesses (Yuji has a Croc shop in Vivo, what is category of business will it likely be-several of these), conglomerates, benefits of incorporation, characteristics of corporations, collective bargaining, determining factors of wages, wages trends in the U.S., current labor market trends, gender discrimination, supply and demand in the job market, arbitration.
Matching-general partnership, dividend, zoning law, stock, horizontal merger, royalties, producer cooperative, liability, business license, nonprofit organizations, blue-collar worker, white-collar worker, productivity, equilibrium wage, skilled labor, featherbedding, strike, screening effect, contingent employment

Week 9, Syllabus

Mr. Ditzenberger-Economics
Lessons: Labor Time: Week 9, March 10th-14th Unit: Business and Labor
Objectives:
1. Students will write an essay on entrepreneurship.
2. Students will map/arrange information regarding unemployment so that key concepts are reinforced.
3. Students will debate whether the minimum wage is an effective tool in helping the poor.
4. Students will read and discuss the basic tools and historical highlights of the labor movement.
5. Students will read a recent news article regarding counterfeiting currency.

Monday
1. Finish SP and partnership lecture.
2. Entrepreneurs. Watch the Anschutz biography. Read a biography. Then share your biography with two other people. Discover any common elements in their life.
3. What are the qualities of an entrepreneur? Choose three entrepreneurs. Research their lives. Submit a two to three page (body) typed, double-spaced, essay that explains the qualities of an entrepreneur based on their story of success (and failures). Use their story(ies) as illustrations that support your point. 20 points total: 5 points-clear, succinct, well-organized writing that has sound sentence structure and few conventional mistakes; 5 points-stories and illustrations; 5 points-qualities of the entrepreneur; 5 points-three entrepreneurs are given relatively equal treatment in the essay about the qualities of an entrepreneur.
Due Friday.
4. 112-134 LTE Quiz. Friday.
5. Homework: Each team member research their own mutual fund, write a paragraph on that fund and bring it to class on Friday to share with your group. This will be turned in.

Tuesday
1. Opener? What is the optimum level of unemployment in a society? Why?
2. What have been the main changes in labor in the U.S. over the last 50 years? Make a list in your groups.
3. Students read chapter 9, section 1. Fill in mind mapping/web. 1st 2 sections as a class. Last 2 individually.
Take Quiz (mna-3095) in class using students’ web
4. Homework: Preview: http://www.idebate.org/debatabase/topic_details.php?topicID=168 for tomorrow’s debate
and page 238. rite a paragraph that summarizes your belief. This is your ticket in to class.

Wednesday
1. Debate-15 minutes.
2. http://www.theopenmind.tv/tom/searcharchive_episode_output.asp?id=494
3. Homework: Read section two and create your own graphic organizer/mind map that works for you! Due Tomorrow.

Thursday
1. Opener: Who is the most influential person of the 19th century? (5 min)
2. Opener: Who would be in the top 10? Answer: Michael H. Hart’s list (5 min)
3. Read Karl Marx profile on page 227.
4. Labor Unions. Read section (3) and discuss in class.

Friday
1. Turn in essay.
2. LTE Quiz 112-134.
3. Share mutual fund research.
4. Counterfeiting Article. –Word.
5. Temporary Worker Article-pdf