Tuesday 3/3/2020

Happy Super Tuesday...if you're 18...you should go to the ITC and VOTE!

Week 8 Econ PPT

Monday 3/2/2020

Budget Monday:





•This month you got a speeding ticket going 51 mph in a 35 zone (16 mph over the posted speed limit). With fees and surcharges, the fee is $365. You have three choices:
1. Pay the fine and add $100 per month to your insurance for the rest of the year.
2. Pay the fine and go to traffic school for $150 extra dollars.
3. Challenge the fine and miss one day of work and then take a chance if you win or lose (lose means the consequence of #1 plus the one day of missed work).

Do not forget to add back in the food!

2/27/2020

Objective: Students will explain the law of supply and diminishing marginal returns.

Warm up 12: Would you work after school in this classroom (for me) for $5/hour? How about for $25/hour?

For Monday: Read and take notes on Chapter 5, Section 3. Test on Supply, Demand and Pricing Monday, March 9.

If you were out...please come pick up the worksheets from class.
 

2/25/2020

Econ Week 7 PPT


Objectives: Use the law of demand to predict consumer behavior in the marketplace.
Students will apply their understanding of the law of demand by drawing demand curve shifts and analyzing a business’s pricing decisions.
Warm up 11: Do you tend to buy more of something when it’s on sale (lower price)? Why or why not?
For Thursday: Read Chapter 5, Sections 1 and 2 (pgs. 117-130)

2/24/2020

Budget Monday:





This month your parents came to visit with a car full of supplies from Costco. You now don’t need to buy groceries this month!

Still include all of your expenses from the week off. Do not simply use the same number (or no number) from last week. There should be different costs when you are out of school.

Monday 2/10/2020

Today is a budget Monday!


•This month you fall ill and have to miss work. You call in sick and miss three days of work. You go to the doctor and have a $25 copay. All of your fixed expenses stay the same, but you do not have any sick days left. Your salary is computed on a 21.5 work days per month. Calculate your daily wage (NET monthly wage / 21.5 * 3) and subtract the three days you missed from your monthly budget.
•
•Make sure you include your weekly (monthly) entertainment, clothing and other expenses.

We are also reviewing the unit one test...if you were out please come during tutorial to review your test.

Monday 2/3/2020

Test day! Good luck everyone!

Work on your business plan! The business plan is due a week from today!