TODAY:Roses and Thorns,Quick Discussion,  "Fractional Reserve Banking, and the Fed

Quick Discussion: What causes inflation? Talk in your table groups, share ideas and supplement your homework. Be ready to share out.

WILL YOU TAKE THE BLUE PILL OR THE RED? 

IT'S YOUR CHOICE...

Homework due Monday, December 2nd: Study guide questions for "The Mirage of Inflation"

TODAY:Quick Write , Roses and Thorns, Money, Banking, and the Fed

Discuss the below meme for a minute or two at your table group then...

Quick Write: What is the author of the  meme below trying to tell us? Use the word "Barter" in your answer. (A couple sentences ought to do it for this one.)

HOMEWORK: (Due Next CLass Period) Research "Causes of Inflation" online. In your notebook summarize 2 theories that attempt to explain what causes inflation.

TEST TODAY: MARKET INSTITUTIONS

Turn in reflection

HOMEWORK: DUE NEXT CLASS

Ch. 16.1 Write a paragraph that shows you understand each of the objectives on page 481. (3 paragraphs)
Ch. 16.2 Write a paragraph that shows you understand the first and third  objectives on page 488. (2 paragraphs) Also include a description of the fractional reserve banking system.
Ch. 17 Answer the "Consider" questions 1, 4 and 5 on page 510

TODAY:Quick Write (Period 3 Only), Roses and Thorns, Banking & Interest , Payday Loan Seminar.

Quick Write: Why does anyone work for a wage rather than starting their own business or becoming a partner?

PAYDAY LOANS SEMINAR QUESTIONS.

OPENER: Should fees/interest rates on Payday loans be limited by law?

            

        Should payday loans be outlawed?

Should interest rates on loans in general be limited?

       What would be the unintended consequences of the above            actions?

TEST on Market Institutions: Monday, November 18th

TODAY:Quick Write, Roses and Thorns, Labor Unions - Banking & Interest - etc., Homework

Quick Write: Why does anyone work for a wage rather than starting their own business or becoming a partner?


Homework: Due Next Class.
Study and complete "T" Chart for "Payday Loan Debate" . Be ready for seminar.

TEST on Market Institutions: Monday, November 18th

Read the selection 2nd Selection from "Into Thin Air" from the  "Literary Book of Economics" . It is the one about the Sherpas. Fill out the "Pro / Con part of the handout.

    

5 Once students are finished with the reading and filling out the handout arrange them in groups of 8 to 10 and introduce (actually repeat the seminar question. Remind them that to feel free to discuss other questions they think of but to keep referring to the text. Monitor students as they discuss the question. When they seem to be "Done" have them fill out the reflections on the back of the handout. When done debrief as a class.

TODAY: Roses and Thorns, Seminar "Into Thin Air", 


Homework: Due Tuesday, 11/12 for 3rd Period--- Wednesday 11/13 5th, 7th, and 8th Periods

Ch.10 Sec 1 of Text: For each of the "Objectives" on page 283 write a paragraph that shows that you understand these objectives. You must use the Key Terms on the same page in your paragraphs. 

TODAY: Roses and Thorns, Teacher Text Found, Quick write, Continue Labor Markets


Should employers be able to require a job applicant to "Friend" the interviewer to their Facebook account in order to be considered for a job?






What role do you think discrimination plays in wage determination? Use examples if possible.