1.cdn.edl.io web viewfall 2014 syllabus. weekly lesson plans for dr. schiller. week of august 1....

Final version: week of 8/18/14

FALL 2014 SYLLABUSWeekly Lesson Plans for Dr. Schiller

Week of August 18-22, 2014____________________________________________________________Monday, August 15, 2014 :ODD DAY SCHEDULEHonors World History:

HOMEWORK ASSIGNED TODAY: All homework due Wednesday★ Print out the assignment labelled “Secondary Source: Athenian Democracy”, read and understand it, and type a summary.★ Wear clothing that can get dirty★ Take home registration packet, complete it and get all signatures and return to class

IN-CLASS TODAY:WARM-UP: Turn in Aristotle summary #2Collect oranges and grapefruits to put in fridgePass out index cards for quizDaily quiz:

1. What are the 3 elements present in every state: upper, middle, lower class2. Which of these 3 elements is the best for forming a community? middle class3. What do we call the line that 0 degrees latitude? Equator4. What line of longitude splits longitude into east longitude and west longitude? Prime merid-

ian5. Why are communities established (created), according to Aristotle? To do good

Collect quizzes Pair up with person next to youWhat questions would be interesting to know about students in class that you don’t al-

ready know? Write class questions on board:1. What is your name?2. When’s your birthday?3. What do you like to do?4. What kind of music do you like?5. Where did your family originally come from?

Take turns interviewing each other, asking the questions on the boardTeacher introduces herself, then students introduce each otherHand back Aristotle homework excerpt 1Project up Aristotle excerpt 1 and discuss meaning:

Aristotle: The Polis, from Politics

(from Ancient History Sourcebookhttp://www.fordham.edu/Halsall/ancient/Aristotle-politics-polis.asp

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Final version: week of 8/18/14“…Every State is a community of some kind, and every community is established with a view to some good; for mankind always act in order to obtain that which they think good. But, if all communities aim at some good, the state or political community, which is the highest of all, and which embraces all the rest, aims at good in a greater degree than any other, and at the highest good.Some people think that the qualifications of a statesman, king, householder, and master are the same, and that they differ, not in kind, but only in the number of their subjects. For example, the ruler over a few is called a master; over more, the manager of a household; over a still larger number, a statesman or king, as if there were no difference between a great household and a small state. The dis-tinction which is made between the king and the statesman is as follows: When the government is personal, the ruler is a king; when, according to the rules of the political science, the citizens rule and are ruled in turn, then he is called a statesman.But all this is a mistake; for governments differ in kind…"

key terms:1. “state” is a synonym for “country”2. community = collection of people3. established = created

Different types of government:1. democracy2. monarchy3. oligarch4. dictatorship (tyranny)

Project up Geography ppt and go over with students

AP Macroeconomics: PERIOD 5 HOMEWORK ASSIGNED TODAY: All due next class★ Print out, read and answer “Do you think like an economist?”★ Print out, read and answer “Test of Macroeconomic Thinking”

IN-CLASS TODAY:WARM-UP: Turn in viewing questions from “The Great Recession, Part 1” podcastGo to textbook roomHand out index cardsDaily quiz:

1. What idea/image did Adam Smith use to explain how the market worked simply by self-in-terest and no government interference? Invisible hand

2. If everyone listens to music only on mp3 files, then CD-makers will experience what kind of unemployment? structural

3. Even at full employment, there is always going to be ________ unemployment. Frictional4. What is the formula for the unemployment rate? # of unemployed/labor force5. In this Great Recession, which groups experienced double unemployment? All

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Final version: week of 8/18/14Continuing President Obama’s Report Card of the Economy:

Go over graphic of labor groups:Population is divided in to two groups: labor force and not in labor forceLabor force is divided into two groups: employed and unemployedNot in the labor force includes discouraged workers, children, inmates, people so disabled they can’t work at all, retired people, people staying home to take care of children, military (we’re usually look-ing at civilian labor force), undocumented people, black market people, homeless and not working people

Period 2 Economic growth “What is economic growth?”: producing more new goods and services in the economy★ Economic growth shows the increase in a country's standard of living over time through production of more goods and services.★ “goods and services” does NOT include stocks (as in stock market)How do we measure economic growth?: gross domestic product (GDP)—market value of the fi-

nal goods and services produced that year within that nation’s bordersWhat is GNP? [the market value of the final goods and services produced that year by means of

production owned by a US citizen or company, regardless of where it was produced ]We used to use GNP (gro ss national product ) in the US until 1992. We switched to GDP be-

cause that was what the rest of the world was usingWhat is nominal (current) GDP? The actual dollar amount of the market value of GDPWhy isn’t nominal GDP so useful? Because you don’t know if the change was due to more stuff

actually being produced, or to inflation, or bothSo economists like to use real GDP: it is nominal GDP which is then adjusted to take out the ef-

fects of inflation3% rate of growth is slow enough so you won’t probably have inflation.-- chapter 22--tracking

the economy see page 624Continue with Congress’ Report Card on the Economy--Period 2: Economic Growth

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EcoU.S. Real GDP Growth RatePast Trend Present Value & Future ProjectionYear over Year Change. Percent per year.

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Final version: week of 8/18/14Last Modified: Wednesday, July 31, 2013

What does real GDP growth rate tell us? Gives us sense of standard of living

GDP = GDP per capita: it measures standard of living Population

What is a decent real GDP growth rate? ★ A decent growth rate is 3%; ★ faster than that, the economy is growing too quickly and you’ll start to get inflation as you run out of stuff. ★ Too low and people will get laid off.Current real GDP for 2014 seems to be about 2%Period 5 gave the President a grade of C+/B-

Period 3 Stable prices Discussion about why stable prices importantHow to measure? ★ Most common economic indicator to measure inflation is CPI (consumer price index): representative basket of goods★ The CPI measures the cost of a fixed basket of goods relative to the cost of that same bas-ket of goods in a base (or previous) year.★ Changes in the price of this basket of goods approximate changes in the overall level of prices paid by consumers.★ The CPIs are based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and other goods and services that people buy for day-to-day living.“ceteris paribus” — means “everything else stays the same)Economic indicators are tracked by the Bureau of Labor Statistics (BLS), part of the Depart-

ment of Labor____________________________________________________________Tuesday, August 16, 2014 : shortened dayEVEN DAY SCHEDULEAP Macroeconomics: PERIODS 2 and 4

HOMEWORK ASSIGNED TODAY: All due next class★ Print out, read and answer “Do you think like an economist?”★ Print out, read and answer “Test of Macroeconomic Thinking”

IN-CLASS TODAY:WARM-UP: Turn in viewing questions from “The Great Recession, Part 1” podcastHand out index cardsDaily quiz:

PERIOD 2:

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1. What phrase did Adam Smith use to shay that the government should leave buyers and sell-ers alone? laissez-faire

2. What kinD of unemployment is always present, even if the economy is at “full employ-ment”? frictional

3. If a lot of people are unemployed because there is a recession, what kind of unemployment is that called? cyclical

4. What is the formula fro the unemployment rate? # of unemployed over labor force5. What is it about college-educated workers that Mary characterizes as historic? Can’t find

jobs out of college at historically high ratesPERIOD 4:1. What idea/image did Adam Smith use to explain how the market worked simply by self-in-

terest and no government interference? Invisible hand2. If everyone listens to music only on mp3 files, then CD-makers will experience what kind

of unemployment? structural3. Even at full employment, there is always going to be ________ unemployment. Frictional4. What is the formula for the unemployment rate? # of unemployed/labor force5. In this Great Recession, which groups experienced double unemployment? AllContinuing President Obama’s Report Card of the Economy:

Go over graphic of labor groups:Population is divided in to two groups: labor force and not in labor forceLabor force is divided into two groups: employed and unemployedNot in the labor force includes discouraged workers, children, inmates, people so disabled they can’t work at all, retired people, people staying home to take care of children, military (we’re usually look-ing at civilian labor force), undocumented people, black market people, homeless and not working people

How do we measure economic growth?: gross domestic product (GDP)—market value of the final goods and services prPeriod 2 Economic growth

“What is economic growth?”: producing more new goods and services in the economy★ Economic growth shows the increase in a country's standard of living over time through production of more goods and services.★ “goods and services” does NOT include stocks (as in stock market)How do we measure economic growth?: gross domestic product (GDP)—market value of the fi-

nal goods and services produced that year within that nation’s bordersWhat is GNP? [the market value of the final goods and services produced that year by means of

production owned by a US citizen or company, regardless of where it was produced ]We used to use GNP (gro ss national product ) in the US until 1992. We switched to GDP be-

cause that was what the rest of the world was usingWhat is nominal (current) GDP? The actual dollar amount of the market value of GDPWhy isn’t nominal GDP so useful? Because you don’t know if the change was due to more stuff

actually being produced, or to inflation, or bothSo economists like to use real GDP: it is nominal GDP which is then adjusted to take out the ef-

fects of inflation

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Final version: week of 8/18/143% rate of growth is slow enough so you won’t probably have inflation.

EcoU.S. Real GDP Growth RatePast Trend Present Value & Future ProjectionYear over Year Change. Percent per year.

8


9

Final version: week of 8/18/14Last Modified: Wednesday, July 31, 2013

What does real GDP growth rate tell us? Gives us sense of standard of living

GDP = GDP per capita: it measures standard of living Population

What is a decent real GDP growth rate? ★ A decent growth rate is 3%; ★ faster than that, the economy is growing too quickly and you’ll start to get inflation as you run out of stuff. ★ Too low and people will get laid off.Current real GDP for 2014 seems to be about 2%Period 5 gave the President a grade of C+/B-Period 2 gave the President a B/CPeriod 4 gave the President A-

Period 3 Stable prices Discussion about why stable prices importantHow to measure? ★ Most common economic indicator to measure inflation is CPI (consumer price index): representative basket of goods★ The CPI measures the cost of a fixed basket of goods relative to the cost of that same bas-ket of goods in a base (or previous) year.★ Changes in the price of this basket of goods approximate changes in the overall level of prices paid by consumers.★ The CPIs are based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and other goods and services that people buy for day-to-day living.

In 2012 it looks like CPI has been going down a little into the 2% area

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http://research.stlouisfed.org/fredgraph.png?bgcolor=%23cccc99&chart_type=bar&fo=ge&height=315&width=525&id=CPIAUCSL&scale=Left&range=Custom&cosd=2008-01-01&coed=2013-01-01&line_color=%23660000&link_values=false&line_style=Solid&mark_type=NONE&mw=4&lw=1&ost=-99999&oet=99999&mma=0&fml=a&fq=Monthly&fam=avg&fgst=lin&transformation=pc1&vintage_date=2013-02-21&revision_date=2013-02-21

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http://www.clevelandfed.org/research/trends/2013/0813/01infpri-1.gif

http://dailycapitalist.com/wp-content/uploads/2011/07/CPI-YoYJune-2011.pngWhat is a decent inflation rate? 2-3%. Everyone starts freaking out at 3% or heading down to-

wards deflationOur current inflation rate is about 2%So Period 2 gave President a grade of APeriod 2 said A/A-/B+Profit = revenues (price times quantity) minus costsAS/AD graph/AD = aggregate demand/AS = aggregate supplyOn Y axis is PL = price level/on X axis = real GDP =Y (income) =employment

AP History of Art:HOMEWORK ASSIGNED TODAY: ★ Due Thursday: Read essay 8 handed out in class and type a 15-minute free-re-sponse answering the prompt.

IN-CLASS TODAY: WARMUP: Login who brought Ugly Object Homework

Daily quiz: 1. How many different 2-d shapes? 32. How many different 3-d forms are there? 4

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http://dailycapitalist.com/wp-content/uploads/2011/07/CPI-YoYJune-2011.png



3. example of a medium4. What’s the name of the picture we’ve been looking at in class? Raft of the Medusa5. use elements of design to create ____ of design? principles

UGLY OBJECT CONTEST!Rules:

1) Find the ugliest object you can that can be brought to school. 2) You must put it in a paper bag so that no one will be exposed to its ugliness.3) It may not be alive.4) It may not be obscene.5) It may not risk causing a health problem.6) It must be the thing itself, not a picture or photograph7) Be prepared to tell us why you think it should win the ugly object contest.

Ugly Object Contest Entries;1. squished water bottle2. coke water bottle3. ugly plaster cat4. fake ray-ban sunglasses5. candle teacup6. furry purple hat7. statue of buddha8. gross halloween mask9. worst book cover10. mariner doll from Haunted Mansion11. ugly rock12. cellphone13. stapler14. makeup

Finish Introduction to Art powerpoint: contextual analysis and the “Raft of the Medusa”____________________________________________________________Wednesday, August 20, 2014 :ODD DAY SCHEDULEHonors World History:

HOMEWORK ASSIGNED TODAY: All homework due Wednesday★ Read and understand the Geography powerpoint, part2. Write down and define all key terms★ Print out the assignment labelled “Pericles Funeral Oration”, read and understand it, and type a summary.★ Take home registration packet, complete it and get all signatures and return to class

IN-CLASS TODAY:WARM-UP:

1. Turn in Secondary Source typed summary2. Turn in completed registration packet

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Go over roster and who belongs in honors class and who does notPass out index cards for quizDaily quiz:

1. Why are communities established (created), according to Aristotle? To do good2. What does it mean to establish something? create3. what is a state? a country4. what do you c all a government ruled by a king? monarchy5. What is the defining and underlying element of a democracy? Freedom

Did anyone bring an orange today?Distribute orangesDescribe beginning of Orange Project—must cut off the peel in ONE PIECE!Students cut oranges (eat or throw out orange insides and dry desk and throw away pa-

pers)Students trace peel on a sheet of paperAll traced papers go on boardTalk about sacrificing some of the surface when using a peel shape that keeps the round-

ness; and sacrificing roundness when using a peel-shape that gives you more surface of the peel (like a spiral)

Discuss problems with turning a 3-D globe into a 2-D mapFinish rest of Geography ppt with class

AP Macroeconomics: PERIOD 5 HOMEWORK ASSIGNED TODAY: All due next class★ In the textbook, read and understand p.28-33. Write down all key terms and definitions. May be quizzed on the information in these pages.

IN-CLASS TODAY:WARM-UP: Turn in the two completed handoutsHand out index cardsDaily quiz:

1. In terms of job and employment, what two groups is the Population split into? labor force and not in the labor force

2. What is the formula for the unemployment rate? # of unemployed/labor force3. An increase in real GDP means what has increase? output4. What is the formula for standard of living? real GDP/population5. What is a common economic indicator for measuring inflation? CPI

Continuing President Obama’s Report Card of the Economy:Period 3 Price Stability, continued

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What is a decent inflation rate? 2-3%. Everyone starts freaking out at 3% or heading down to-wards deflation

Our current inflation rate is about 2%So Period 2 gave President a grade of APeriod 4 said A/A-/B+Period 5 saidProfit = revenues (price times quantity) minus costsAS/AD graph/AD = aggregate demand/AS = aggregate supplyOn Y axis is PL = price level/on X axis = real GDP =Y (income) =employmentShow SAS and AD at equilibrium and the equilibrium price level and Y coordinates/show dif-

ference between high unemployment in the economy and high inflationThe 3 core courses for the President—Full employment, Economic Growth, and Price Stability

—are the three macroeconomic goals of the economyLog in and hand back today’s homework

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Final version: week of 8/18/14as a class, go over the Test of Macroeconomic Thinking and Do you think like an economist

DO YOU THINK LIKE AN ECONOMIST?Decide Whether Each Of The Following Statements Is Either True Or False

Discuss—all of them are false1. Because it is desirable, sunshine is scarce.Concerns scarcity:

· goods are scarce because we have limited resources and unlimited wants· so you can’t have everything you want.· When people make a choice, they sacrifice something else· The “something else” they sacrifice is called the “opportunity cost”· To be scarce, something must be limited and desirable

· Sunshine isn’t scarce because it isn’t limited; it is a free good2. Because it is limited, polio is scarce.Concerns scarcity:

· polio isn’t scarce because it isn’t desirable3. Children are scarce mainly because their parents spend money on them for food, shelter,

education, and other things.Concerns Scarcity:

· scarcity is a relative, not an absolute, concept. Because resources are scarce and wants are un-limited, almost everything is scarce.

· If you pay an opportunity cost to use a good or service, it is scarce.· If you pay a positive price for a good or service, it is scarce.· Water may cover ¾ of the earth, but we pay an opportunity cost and a positive price for clean

water elsewhere· Of course, water may be scarcer in the desert than in the wetlands. Only a government can actu-

ally make water cheaper in a desert4. The main cost of going to college is room, board, and tuition.

Concerns scarcity:· An important opportunity cost of going to college is lost earnings.· If you could earn $20,000 a year by working, you will sacrifice $80,000 during four years of

college5. If the price for riding Metro Link goes up, everyone will ride it anyway. Concerns law of supply and demand:

· People tend to buy more of something when the price is lower and less when the price is higher· This price includes money aw well as such things as time, aggravation, inconvenience, and

moral guilt· Sellers will try to sell more of something if the price is higher and less of it if the price is lower.· This conflict is resolved through the market

· Question 5 is false because, if all other things are equal, less mass transportation will be pur-chased if the price is higher.

· The price could be increased in terms of dollars, inconvenient schedules, crime and filthy cards· The demand curve for transportation would have to be perfectly inelastic, or vertical, for the an-

swer to this question not be true. [Period 1 got to here]6. The more useful the good, the higher the price.

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Final version: week of 8/18/14Concerns the laws of supply and demand

· The price of something depends on supply and demand, not on usefulness or on some criterion of quality

· Water is more useful than diamonds, but it has a lower price· What you pay for a good or service depends on the market price determined by supply and de-

mand.7. If someone makes an economic gain, someone else loses.Concerns gains from trade

· When people trade voluntarily, both parties expect to gain, or they wouldn’t trade· One reason for this gain is the law of comparative advantage· If one person does legal work better than another and if a second person word-processes

documents better than the first they would gain by trade.· But would a lawyer who is the fastest work processor in town hire a secretary? Yes, because

of comparative advantage: each person would specialize in what he does comparatively bet-ter. An hour spent word processing is an hour not spent in legal work and the opportunity cost for the lawyer is very high. The lawyer will specialize in legal work and the secretary in word processing. The total output of g and s will increase

· This concept can be applied to countries.8. If the Mexico produces everything better than the U.S., there is no economic reason for

the two nations to trade. See above.9 A non-regulated monopoly can charge whatever price it wants.Concerns business and the role of profits

· A monopoly charges a higher price than a competitive market price, but the monopolist cannot repeal the law of demand.

· If the price is too high, the monopolist might sell nothing· A monopolist will try to establish a price at a point that will make the greatest profit.· This price is higher than a competitive price and will result in less production

10. Most businesses don’t care about consumers; they just want higher profits.Concerns business and the role of profits

· Profits are an incentive for business to succeed.· A business that doesn’t care about its customers will not make high profits.

“Scarcity” has two parts--it has to be limited and it has to be desirableGo over Test of Macroeconomic thinking

ANOTHER TEST OF MACROECONOMIC THINKINGTrue or false?

_____1. If a country could maintain a high economic growth rate, the country would eventually be able to satisfy everyone’s wants for goods and services._________2. If all the nations of the world disarmed, the international economy would collapse into a long depression and unemployment would increase._____3. Money is an important economic resource._____4. The higher the GDP, the better off all the people of the country are._____5. Full employment means zero unemployment_____6. The US has had an inflation rate of at least 3% for each of the last 50 years._____7. Unanticipated inflation hurts almost everyone.

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Final version: week of 8/18/14_____8. Money consists mainly of currency and coins and is created by government printing presses and mints._____9. The value of the dollar is determined by the fact that it is backed by gold._____10. Most economists believe the only purpose of taxes is to provide money for government._____11. The chief task of the Federal Reserve System is to insure the deposits of bank customers._____12. Tariffs are needed to protect our standard of living from competition from cheap foreign labor.

____________________________________________________________Thursday, August 21, 2014 : shortened dayEVEN DAY SCHEDULEAP Macroeconomics: PERIODS 2 and 4

HOMEWORK ASSIGNED TODAY: All due next class★ In the textbook, read and understand p.28-33. Write down all key terms and definitions. May be quizzed on the information in these pages.


1. In terms of job and employment, what two groups is the Population split into? labor force and not in the labor force

2. What is the formula for the unemployment rate? # of unemployed/labor force3. An increase in real GDP means what has increase? output4. What is the formula for standard of living? real GDP/population5. What is a common economic indicator for measuring inflation? CPI

Grade and go over quizFix attendance for this classHand back papersThe 3 core courses for the President—Full employment, Economic Growth, and Price Stability

—are the three macroeconomic goals of the economyLog in and hand back today’s homeworkas a class, go over the Test of Macroeconomic Thinking and Do you think like an economist

DO YOU THINK LIKE AN ECONOMIST?Decide Whether Each Of The Following Statements Is Either True Or False

Discuss—all of them are false1. Because it is desirable, sunshine is scarce.Concerns scarcity:

· goods are scarce because we have limited resources and unlimited wants· so you can’t have everything you want.· When people make a choice, they sacrifice something else· The “something else” they sacrifice is called the “opportunity cost”· To be scarce, something must be limited and desirable

· Sunshine isn’t scarce because it isn’t limited; it is a free good2. Because it is limited, polio is scarce.Concerns scarcity:

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Final version: week of 8/18/14· polio isn’t scarce because it isn’t desirable

3. Children are scarce mainly because their parents spend money on them for food, shelter, education, and other things.

Concerns Scarcity:· scarcity is a relative, not an absolute, concept. Because resources are scarce and wants are un-

limited, almost everything is scarce. · If you pay an opportunity cost to use a good or service, it is scarce.· If you pay a positive price for a good or service, it is scarce.· Water may cover ¾ of the earth, but we pay an opportunity cost and a positive price for clean

water elsewhere· Of course, water may be scarcer in the desert than in the wetlands. Only a government can actu-

ally make water cheaper in a desert4. The main cost of going to college is room, board, and tuition.

Concerns scarcity:· An important opportunity cost of going to college is lost earnings.· If you could earn $20,000 a year by working, you will sacrifice $80,000 during four years of

college5. If the price for riding Metro Link goes up, everyone will ride it anyway. Concerns law of supply and demand:

· People tend to buy more of something when the price is lower and less when the price is higher· This price includes money aw well as such things as time, aggravation, inconvenience, and

moral guilt· Sellers will try to sell more of something if the price is higher and less of it if the price is lower.· This conflict is resolved through the market

· Question 5 is false because, if all other things are equal, less mass transportation will be pur-chased if the price is higher.

· The price could be increased in terms of dollars, inconvenient schedules, crime and filthy cards· The demand curve for transportation would have to be perfectly inelastic, or vertical, for the an-

swer to this question not be true. [Period 1 got to here]6. The more useful the good, the higher the price.Concerns the laws of supply and demand

· The price of something depends on supply and demand, not on usefulness or on some criterion of quality

· Water is more useful than diamonds, but it has a lower price· What you pay for a good or service depends on the market price determined by supply and de-

mand.7. If someone makes an economic gain, someone else loses.Concerns gains from trade

· When people trade voluntarily, both parties expect to gain, or they wouldn’t trade· One reason for this gain is the law of comparative advantage· If one person does legal work better than another and if a second person word-processes

documents better than the first they would gain by trade.· But would a lawyer who is the fastest work processor in town hire a secretary? Yes, because

of comparative advantage: each person would specialize in what he does comparatively bet-ter. An hour spent word processing is an hour not spent in legal work and the opportunity

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Final version: week of 8/18/14cost for the lawyer is very high. The lawyer will specialize in legal work and the secretary in word processing. The total output of g and s will increase

· This concept can be applied to countries.8. If the Mexico produces everything better than the U.S., there is no economic reason for

the two nations to trade. See above.9 A non-regulated monopoly can charge whatever price it wants.Concerns business and the role of profits

· A monopoly charges a higher price than a competitive market price, but the monopolist cannot repeal the law of demand.

· If the price is too high, the monopolist might sell nothing· A monopolist will try to establish a price at a point that will make the greatest profit.· This price is higher than a competitive price and will result in less production

10. Most businesses don’t care about consumers; they just want higher profits.Concerns business and the role of profits

· Profits are an incentive for business to succeed.· A business that doesn’t care about its customers will not make high profits.

“Scarcity” has two parts--it has to be limited and it has to be desirableGo over the true/false questions below:


_____1. If a country could maintain a high economic growth rate, the country would eventually be able to satisfy everyone’s wants for goods and services._________2. If all the nations of the world disarmed, the international economy would collapse into a long depression and unemployment would increase._____3. Money is an important economic resource.[started this one in Period v4]_____4. The higher the GDP, the better off all the people of the country are._____5. Full employment means zero unemployment_____6. The US has had an inflation rate of at least 3% for each of the last 50 years._____7. Unanticipated inflation hurts almost everyone.[started this one in Period 2]

AP History of Art:HOMEWORK ASSIGNED TODAY: ★ On the prehistoric art packet handed out in class, make the notes you took in class your “context” notes Then, using your Stokstad textbook and the posted Prehistoric Art powerpoint, draw and fill in the artworks in the packet and define the vocabulary world. Due Monday.

IN-CLASS TODAY: WARMUP: Turn in free-response and prompt you were given

No quiz todayTake a Gardner textbookRead about Prehistoric Art in pages 2-4 of Gardner, taking notes on what you think is im-

portantGo over the important notes as a classHand out Prehistoric Art packets

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Final version: week of 8/18/14Watch “Mesopotamian Crash Course” on youtube

___________________________________________________________Friday, August 22, 2014 : ODD DAY SCHEDULEHonors World History:

HOMEWORK ASSIGNED TODAY: Due Tuesday. Read Chapter 1, section 1 in your textbook, p.8 - 17. Then print out the “Greek Questions” from the website and type the an-swers, based on this reading.

IN-CLASS TODAY:WARM-UP:

1. Turn in Pericles Funeral Oration typed summary2. Turn in completed registration packet

Go over roster and who belongs in honors class and who does notPass out index cards for quizDaily quiz:

1. Where did Athens get its constitution from? Whom did they copy? no one 2. True or false? Pericles says that the democracy in Athens favors (treats best) many people

instead of just a few. True3. Is Athens a monarchy? No it is a democracy4. What is the defining and underlying element of a democracy? Freedom5. When we traced the orange peels on a piece of paper, what were we trying to show? How hard it

is to take the round 3-D earth and show it accurately on a 2-d piece of paperGet a partner, Take a workbookEach pair read and fills in the answers on p. 4--”Student Handout 1: Democratic ideas, what

does it say? what does it mean/ why does it matter? The 5 concepts addressed were : the rule of law, limited government, due process of law, individual liberty, and consent of the governed.

AP Macroeconomics: PERIOD 5 HOMEWORK ASSIGNED TODAY: ★ Period 5 test on everything we’ve learned so far on Thursday, August 28★ Otherwise, no homework


1. What do you call an economy where the government makes all the major economic deci-sions? command system

2. The book listed 5 characteristics of the Market system, Give me two. Private property, freedom of enterprise and choice, self-interest, competition, markets and prices

3. What increases the total output society derives from limited resources? specialization4. What are the requirements for something to be considered “scarce”? limited and desirable5. Name 2 of the three macroeconomic goals of the economy? full employment, price stabil-

ity, economic growth22

Final version: week of 8/18/14Grade and go over quizClass discussion:


_____1. If a country could maintain a high economic growth rate, the country would eventually be able to satisfy everyone’s wants for goods and services._________2. If all the nations of the world disarmed, the international economy would collapse into a long depression and unemployment would increase._____3. Money is an important economic resource._____4. The higher the GDP, the better off all the people of the country are._____5. Full employment means zero unemployment_____6. The US has had an inflation rate of at least 3% for each of the last 50 years._____7. Unanticipated inflation hurts almost everyone._____8. Money consists mainly of currency and coins and is created by government printing presses and mints._____9. The value of the dollar is determined by the fact that it is backed by gold._____10. Most economists believe the only purpose of taxes is to provide money for government._____11. The chief task of the Federal Reserve System is to insure the deposits of bank customers._____12. Tariffs are needed to protect our standard of living from competition from cheap foreign labor.

Continue President Obama’s report card on the economy Period 4 National Debt

discussion of balanced budget, budget deficit, budget surplus, Y - T = Yd, T = G, T greater than G, T less than G, national debt

talked about the three types of inputs (resources, or factors of production)fiat moneyStandard of living

difference between budget deficit/surplus and national debtgo to http://www.brillig.com/debt_clock/ or www.na-tionaldebtclock.org

U.S. NATIONAL DEBT CLOCKThe Outstanding Public Debt as of 20 Aug 2014 at 06:31:35 PM GMT is:

The estimated population of the United States is 318,852,870so each citizen's share of this debt is $55,470.40.

The National Debt has continued to increase an average of$2.35 billion per day since September 30, 2012!

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http://www.nationaldebtclock.org/

http://www.nationaldebtclock.org/

http://www.brillig.com/debt_clock/

Final version: week of 8/18/14 Period 5 Balance of Trade

Looked at tags in back of shirts to see where the shirts were made: many countries, only a few in US/discussion of why lower cost using foreign labor

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1.cdn.edl.io web viewfall 2014 syllabus. weekly lesson plans for dr. schiller. week of august 1....

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