Tuesday, November 18, 2008
Friday, May 23, 2008
Week 19, Syllabus
Mr. Ditzenberger-Economics
Lessons: Financing LDCs
Time: Week 19, May 26th-30th
Unit: The Global Economy and Review
Objectives:
1. Students will analyze how political factors and debt are obstacles to development.
2. Students will review.
Monday
1. Chapter 18, Section 3. Financing Development.
2. Homework: Chapter 18, Section 4. Complete 1-9 of section 4
Tuesday
1. Review
Wednesday
1. Review
Thursday.
1. Alma Mata practice
Friday.
1. Final
Lessons: Financing LDCs
Time: Week 19, May 26th-30th
Unit: The Global Economy and Review
Objectives:
1. Students will analyze how political factors and debt are obstacles to development.
2. Students will review.
Monday
1. Chapter 18, Section 3. Financing Development.
2. Homework: Chapter 18, Section 4. Complete 1-9 of section 4
Tuesday
1. Review
Wednesday
1. Review
Thursday.
1. Alma Mata practice
Friday.
1. Final
Sunday, May 18, 2008
Final Review
M/C-(55 questions) types of resources-human, physical, capital; scarcity v shortage; production possibilities curve; key economic questions; command, free, and traditional economies; future price relative to current demand; simple analysis of a demand curve; elastic supply; excess demand and excess supply; natural monopolies and perfect competition; socially beneficial organizations (non-profits); types/forms of businesses-partnerships, etc.; effects of the minimum wage; future job growth in developed countries; characteristics of money; representative v commodity money; financial intermediaries; interest rate paid to the bondholder; basic components of bonds; calculation of GDP; tax and its impact on elastic v inelastic products; mandatory v discretionary spending; fiscal policy; supply side economics; Keynesian economics; federal reserve districts; easy money policy; money multiplier and the RRR; instruments of the Fed to influence the change of money supply; the Fed during the Grt Depr; tools of monetary policies; international free trade organizations; effects of exchange rates; the role of the World Bank and IMF with LDCs; characteristics of developed nations; OPEC.
Matching
Set 1-increasing marginal returns, market supply curve, diminishing marginal returns, total cost, marginal revenue, law of supply, marginal product of labor, variable, marginal cost, elasticity of supply, supply schedule, regulation, quantity supplied.
Set 2-corporate income tax, incidence of a tax, estate tax, deductions, regressive tax, real property, proportional tax, Medicaid, individual income tax, withholding, gift tax, Social Security
Set 3-individual income tax, balanced budget, tax return, discretionary spending, tax incentive, mandatory spending, tax exempt, Medicare, tax assessor, tariff, tax base, personal property
Short Answer
1. Explain what has happened to most of the large centrally planned economies. Why has this has happened?
2. How does the budget percentage that a person spends on a certain good affect the elasticity of demand for that good? Give a specific example.
3. What are some of the advantages of opening a franchise business?
4. Explain what the gold standard is and why it is no longer used in the United States.
5. Describe the four phases of the typical business cycle.
Essay
1. Write two paragraphs that explain how governments can use a variety of tools to manage the economy.
2. Compare the following investment instruments: stocks, bonds, and mutual funds by analyzing their advantages and disadvantages. Explain how a 25 year-old’s investment strategy may differ from a 50 year-old’s strategy. Lastly, explain the concept of a diversified investment portfolio and its value to investors of any age.
3. Explain the different business structures available in the United State today. Compare their advantages and disadvantages by providing examples of types of businesses that would likely use each of the structures explained in the first part of the questions.
4. Explain the differences between a free market, centrally planned economies, and socialistic economies as found in Sweden. Which economy is better for the most people? Why?
5. Explain the benefits of international, low-tariff trading to the world economy and to individual countries. Also explain what developed countries should do to help less developed countries (LDCs)?
Matching
Set 1-increasing marginal returns, market supply curve, diminishing marginal returns, total cost, marginal revenue, law of supply, marginal product of labor, variable, marginal cost, elasticity of supply, supply schedule, regulation, quantity supplied.
Set 2-corporate income tax, incidence of a tax, estate tax, deductions, regressive tax, real property, proportional tax, Medicaid, individual income tax, withholding, gift tax, Social Security
Set 3-individual income tax, balanced budget, tax return, discretionary spending, tax incentive, mandatory spending, tax exempt, Medicare, tax assessor, tariff, tax base, personal property
Short Answer
1. Explain what has happened to most of the large centrally planned economies. Why has this has happened?
2. How does the budget percentage that a person spends on a certain good affect the elasticity of demand for that good? Give a specific example.
3. What are some of the advantages of opening a franchise business?
4. Explain what the gold standard is and why it is no longer used in the United States.
5. Describe the four phases of the typical business cycle.
Essay
1. Write two paragraphs that explain how governments can use a variety of tools to manage the economy.
2. Compare the following investment instruments: stocks, bonds, and mutual funds by analyzing their advantages and disadvantages. Explain how a 25 year-old’s investment strategy may differ from a 50 year-old’s strategy. Lastly, explain the concept of a diversified investment portfolio and its value to investors of any age.
3. Explain the different business structures available in the United State today. Compare their advantages and disadvantages by providing examples of types of businesses that would likely use each of the structures explained in the first part of the questions.
4. Explain the differences between a free market, centrally planned economies, and socialistic economies as found in Sweden. Which economy is better for the most people? Why?
5. Explain the benefits of international, low-tariff trading to the world economy and to individual countries. Also explain what developed countries should do to help less developed countries (LDCs)?
Saturday, May 17, 2008
Week 18, Syllabus
Mr. Ditzenberger-Economics
Lessons: International Trade and Economic Development and Transition Time: Week 18, May 19th-23rd Unit: The Global Economy
Objectives:
1. Students will analyze the importance of imports and exports to the US economy.
2. Students will explain the concepts of absolute and comparative advantage.
3. Students will describe the effects of trade on employment.
4. Students will compare the effects of free trade and trade barriers on economic activities.
5. Students will analyze how political factors and debt are obstacles to development.
Monday
a. Vesak Day
Tuesday
1. Continue Chapter 17, Section 1, Why Nations Trade. Lecture.
2. Chapter 17, Section 2-Trade Barriers and Agreements
3. Homework-Chapter 17, Section 3, Measuring Trade. Complete 2, 3, 4, and #7 on page 464. Prepare to give your presentation in class tomorrow.
Wednesday
1. Presentation from #7 on page 464.
2. Read and answer questions from each section.
a. What is the difference between a developed and a less developed country?
b. What are three criteria used to measure a country’s level of development?
c. What is the difference between Per capita GDP and GDP? Also, as a tool for measuring development, how is Per capita GDP useful and how is it limited?
d. How are energy consumption and the labor force used to determine a country’s development?
e. In your opinion, is a country’s literacy rate, life expectancy, and infant mortality rate good determining factors of a country’s development?
f. Compare your country’s infrastructure to an less developed country’s infrastructure that you have been to? What differences did you notice?
g. What are the four Asian tigers? Why do you think they have developed quickly whereas other countries in their region have not? Make a list of at least three factors that they share in common.
h. Homework-read Chapter 18, Section 2, Issues in Development. Answer questions six and nine.
Thursday.
1. Chapter 18, Section 3. Financing Development.
Friday.
1. Read and discuss Transitions to Free Enterprise. Chapter 18, Section 4. Complete 1-9 of section 4.
Lessons: International Trade and Economic Development and Transition Time: Week 18, May 19th-23rd Unit: The Global Economy
Objectives:
1. Students will analyze the importance of imports and exports to the US economy.
2. Students will explain the concepts of absolute and comparative advantage.
3. Students will describe the effects of trade on employment.
4. Students will compare the effects of free trade and trade barriers on economic activities.
5. Students will analyze how political factors and debt are obstacles to development.
Monday
a. Vesak Day
Tuesday
1. Continue Chapter 17, Section 1, Why Nations Trade. Lecture.
2. Chapter 17, Section 2-Trade Barriers and Agreements
3. Homework-Chapter 17, Section 3, Measuring Trade. Complete 2, 3, 4, and #7 on page 464. Prepare to give your presentation in class tomorrow.
Wednesday
1. Presentation from #7 on page 464.
2. Read and answer questions from each section.
a. What is the difference between a developed and a less developed country?
b. What are three criteria used to measure a country’s level of development?
c. What is the difference between Per capita GDP and GDP? Also, as a tool for measuring development, how is Per capita GDP useful and how is it limited?
d. How are energy consumption and the labor force used to determine a country’s development?
e. In your opinion, is a country’s literacy rate, life expectancy, and infant mortality rate good determining factors of a country’s development?
f. Compare your country’s infrastructure to an less developed country’s infrastructure that you have been to? What differences did you notice?
g. What are the four Asian tigers? Why do you think they have developed quickly whereas other countries in their region have not? Make a list of at least three factors that they share in common.
h. Homework-read Chapter 18, Section 2, Issues in Development. Answer questions six and nine.
Thursday.
1. Chapter 18, Section 3. Financing Development.
Friday.
1. Read and discuss Transitions to Free Enterprise. Chapter 18, Section 4. Complete 1-9 of section 4.
Monday, May 12, 2008
Unit 6 Study Guide
M/C-FICA taxes, tax on elastic/inelastic products, withholding taxes from paycheck, progressive taxes, frequency of federal budget, Keynesian economics, automatic stabilizers, problems of high national debt, Laffer curve, fiscal policies during 80s, top marginal income tax rates of Presidents, Federal Reserve and monetary policy, number of Federal Reserve districts, tools Fed uses to alter money supply, effect of increase in discount rate, circumstances that would motivate Fed to tighten money supply, money multiplier, relationships between interest rates and demand for money
Matching-corporate income tax, estate tax, regressive tax, proportional tax, individual income tax, gift tax, incidence of tax, deductions, real property, Medicaid, withholding, Social Security
-appropriations bill, crowding-out effect, federal budget, fiscal policy, multiplier effect, national debt, productive capacity, T-bill, T-bond, T-note
Short answer-explain the 4 characteristics of a good tax, how do diff. states assess the amount of state income taxes they collect, what office prepares the fed budget and describe the process it follows, how does supply-side economics differ from Keynesian economics, how does the money multiplier work?
Matching-corporate income tax, estate tax, regressive tax, proportional tax, individual income tax, gift tax, incidence of tax, deductions, real property, Medicaid, withholding, Social Security
-appropriations bill, crowding-out effect, federal budget, fiscal policy, multiplier effect, national debt, productive capacity, T-bill, T-bond, T-note
Short answer-explain the 4 characteristics of a good tax, how do diff. states assess the amount of state income taxes they collect, what office prepares the fed budget and describe the process it follows, how does supply-side economics differ from Keynesian economics, how does the money multiplier work?
Friday, May 9, 2008
Week 17, Syllabus
Mr. Ditzenberger-Economics
Lessons: Taxes and Government Spending Time: Week 17, May 12th-16th Unit: Government and the Economy
Objectives:
1. Students will describe the process of money creation.
2. Students will explain why some monetary tools are favored over others.
3. Students will explain the problems of timing and policy lags in shaping the economy and the challenges of predicting the business cycle.
4. Students will analyze the importance of imports and exports to the US economy.
Monday
1. Chapter 16, Section 3
a. Money Creation-read the section and explain how banks create money and how the money multiplier effect works.
b. Reserve Requirements-how could changing the RRR slow the economy or help stimulate the economy?
c. Setting Rates-what function does the discount rate primarily serve in the economy? What is the prime rate?
d. Open Market Operations-how do bond purchases and sales increase/decrease the money supply?
e. Using Monetary Policy Tools-why does the fed choose not to use the discount rate and the RRR to conduct monetary policy?
f. Homework: answer one through eight on page 429. Due Tuesday.
g. Test on Thursday.
Tuesday
1. Chapter 16, Section 4, Monetary Policy and Macroeconomic stabilization
2. Homework-find a current event article related to the fed/central bank in your country.
Wednesday
1. Chapter 16 Assessment. Do as a class.
Thursday.
1. Unit 6 Test
Friday.
1. Chapter 17, Section 1, Why Nations Trade. Lecture.
Lessons: Taxes and Government Spending Time: Week 17, May 12th-16th Unit: Government and the Economy
Objectives:
1. Students will describe the process of money creation.
2. Students will explain why some monetary tools are favored over others.
3. Students will explain the problems of timing and policy lags in shaping the economy and the challenges of predicting the business cycle.
4. Students will analyze the importance of imports and exports to the US economy.
Monday
1. Chapter 16, Section 3
a. Money Creation-read the section and explain how banks create money and how the money multiplier effect works.
b. Reserve Requirements-how could changing the RRR slow the economy or help stimulate the economy?
c. Setting Rates-what function does the discount rate primarily serve in the economy? What is the prime rate?
d. Open Market Operations-how do bond purchases and sales increase/decrease the money supply?
e. Using Monetary Policy Tools-why does the fed choose not to use the discount rate and the RRR to conduct monetary policy?
f. Homework: answer one through eight on page 429. Due Tuesday.
g. Test on Thursday.
Tuesday
1. Chapter 16, Section 4, Monetary Policy and Macroeconomic stabilization
2. Homework-find a current event article related to the fed/central bank in your country.
Wednesday
1. Chapter 16 Assessment. Do as a class.
Thursday.
1. Unit 6 Test
Friday.
1. Chapter 17, Section 1, Why Nations Trade. Lecture.
Saturday, May 3, 2008
Week 16, Syllabus
Mr. Ditzenberger-Church History
Lessons: Atheism Week 16, May 5th-9th Unit: Other Belief Systems
Objectives:
1. Students will evaluate the arguments in favor and against theism and atheism by evaluating arguments in the textbook and analyzing the debates given by Dennett, Hutchins, Dawkins, and D’Souza.
2. Students will answer objections to atheism.
3. Students will read and reflect upon biblical arguments for God’s existence.
4. Students will list the fundamental principles and logic of the moralistic relativism.
5. Students will learn some basic arguments or responses to common relativistic approaches to absolute morality.
Monday
1. Finish Debate-Hitchens v D’Souza
Tuesday
1. Lesson 5-Dawkins and the Implications of Atheism.
2. Homework-write a two to three sentence response to each of three of Dawkins objections to Christianity.
Wednesday
1. Handout – God’s Existence
2. God’s existence and the Bible-Acts 14:14-18; Acts 17:24-31; Rom. 1:18-28
Thursday
1. Lesson 8, Relativism
Friday
1. Lesson 9, Relativism
Lessons: Atheism Week 16, May 5th-9th Unit: Other Belief Systems
Objectives:
1. Students will evaluate the arguments in favor and against theism and atheism by evaluating arguments in the textbook and analyzing the debates given by Dennett, Hutchins, Dawkins, and D’Souza.
2. Students will answer objections to atheism.
3. Students will read and reflect upon biblical arguments for God’s existence.
4. Students will list the fundamental principles and logic of the moralistic relativism.
5. Students will learn some basic arguments or responses to common relativistic approaches to absolute morality.
Monday
1. Finish Debate-Hitchens v D’Souza
Tuesday
1. Lesson 5-Dawkins and the Implications of Atheism.
2. Homework-write a two to three sentence response to each of three of Dawkins objections to Christianity.
Wednesday
1. Handout – God’s Existence
2. God’s existence and the Bible-Acts 14:14-18; Acts 17:24-31; Rom. 1:18-28
Thursday
1. Lesson 8, Relativism
Friday
1. Lesson 9, Relativism
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