010410 econ first day 50m

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SIT ANYWHERE TODAY (THIS IS YOUR SEAT FOR THE WEEK), MORE PERM. SEATS LATER IN WK

You are in Economics, Mr. Chiang, please have a piece of paper and pen/pencil ready (or if you have a new notebook for Econ, you can use a pg from that).

Welcome!

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ATTENDANCE:Circle = AbsentDouble Circle =Tardy

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Who is your teacher? Mr. Chiang previously taught in NYC (where he met his wife), earned his BA in political science at UCI, and MA in education at Stanford, and is ½ to being done with a MA in organizational leadership at Columbia University.

Syllabus Overview1) Class Website: www.govandlaw.org/mvhs

(hw, extra handouts, class blogs, class notes) 2) Daily Materials: Pencil, pen, a notebook, &

a folder exclusively used for this class3) Grades: No weights, your Total/Total Possible4) 10 Points: Most activities, quizzes, hw, particip 5) 100 Points: Workbooks, and Tests, Projects6) Test Format: Qs from notes, work #, films, disc 7) 60% Policy: Test scores below 60 can be

retaken for a max of 60 (+10 pts for coming in a 1 hr post-test lunch tutorial, a max of 70).

8) Late Work: Late work submitted in back w slip. 9) Weekly Check-in: Each week, you need to

complete a brief online check-in (10 fast qs)

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PARTICIPATION:/ = Participation

-- = Non-Participation

Resolution Key: R=Reminder, Xmin, P=ParentIncident Key: U=Unsafe, D=Disrespectful, O=Off Task, T=Talking, N=Not Prepared, C=Careless, L=Late Resolution Key: A=Apology, F=Fixed, S=Served

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TODO:

Class Participation 1-10 Point Weekly Grading Scale: 0-5: Off task or missing in class activities. 6: Coming to class prepared and following activity instructions. 7-10: Participating in class discussions and/or writing blog entries (2+ a week). 2 points are deducted for not being present for class activities or for being off task.

Participation (10 points a week)Negative Mark: Minus 2 Points Each0 Check: 6 Points1 Check: 7 Points2 Checks: 8 Points3 Checks: 9 Points4 Checks: 10 Points 5 Checks: 11 Points (+1 EC)6 Checks: 12 Points (+2 EC)7 Checks: 13 Points (+3 EC)8 Checks: 14 Points (+4 EC)

PARTICIPATION IS WORTH 10 POINTS

A WEEK

HIGH PARTICIPATION IS CONVERTED INTO

EXTRA CREDIT

BEING OFF TASK WILL DOCK YOU 2 POINT EACH TIME

Workbook Setup:Draw a line between days.Use back and front of pages.

Opener (graded)Write date, topic, opener #Then 3 sentences: based off the opener questions.

Notes (not-graded)In-class notes go next. Notes online and in class binder.60% of test from notes.

Work Section (graded)Work sections correspond to the opener #, and then go in letter a-z order. Title: must be included in each work section.20-40% of test from work sec.Surprise quizzes 100% based off notes and work sections.

Name:________________ Per:____/10 Proper Labels & Well Kept__/10 Complete Openers__/10 Thoughtful Responses__/10 Partner Work Has Names__/60 Work Sections Complete Missing 1 Work Section, #__ Missing 2 Work Section, #__ Missing 3 Work Section, #_______/100 Points

Econ Simulation (100 points, 1 week = 1 month)1) The class has its own money: Chiang dollars(theft or counterfeiting Chiang dollars is cheating)2) You save your own spending cash (bag) but

most money should be saved in the class bank3) Everyone has a job, some jobs require more

are harder and get paid more.4) Everyone must have a desk, which you can

pay rent for or buy, or eventually buy and rent to someone else (you can also earn tru stocks).

5) Every Friday, we have a market place which you can buy things with your Chiang dollars

6) All salaries and rent must be paid in checks, not dollars. You will design your own checks.

7) In June, bank totals will be curved for 100 pts.

Econ Simulation (100 points, 1 week = 1 month)8) Starting rent is $500 (assuming whatever place you rent will

have 1 roommate, so the real rent is 2x, but we are using the ½ rate)

9) You will also be paying starting bill rate: $360Food (indiv): $200Car Insurance+Gas (indiv): $100Cell Phone (indiv): $30Electricity (shared): $20Internet (shared): $1010) Initially, everyone has $1280, all students

default role is intern, at which you will be paid $1280/mo (8/hr). Roles available (more later):

Banker: $4800/mo* ($30/hr, 8 per class) training req.Landlord: $3200/mo* ($20/hr, 6 per class) training req. *bonus possible based on performancePolitician: $2400/mo ($15/hr, 3 per class) occas. brunch

Econ Simulation1)

Congress (3 chambers)

Per 2

President (Mr. Chiang)

Per 3 Per 5Student

Bu’s

Chiang Gov (Federal)

Courts

Mr. C ApptStudents

Period Gov (State)

Econ Simulation1)

Assembly(1 chamber)

Governor(Mr. Chiang)

Student Bu’s

Chiang Gov (Federal)

Courts

Mr. C ApptStudents

Period Gov (State)

3 reps

1) Write:Date: 1/04/10Topic: Econ

Intro NotesOpener 0Notes 0aHow ever you

like to do it.

Later… Work #0a

ON A BLANK SHEET

DRAW A LINE SEPARATING TODAY & YESTERDAY1) Write: Date: 01/04/10, Topic: Econ Intro Notes2) On the next line, write “Opener #0” and then:

1) Plot your mood, reflect in 1 sent.2) Respond to the opener by writing at least 2 sentences about:Your opinions/thoughts OR/AND

Questions sparked by the clip OR/AND

Summary of the clip OR/AND

Other things going on in the news.

Announcements: NoneIntro Music: Untitled

Notes #0a, Title: “Econ Intro Notes” 1) Scarcity: The assumption that everything is

limited (time, objects, skills).2) Economics*: Study of how resources are

allocated*like all areas of social sciences, they are not pure

sciences in that they rely on human behavior, and humans are not 100% predictable. The closest thing social science gets to real science is psychology.

3) Micro-economics: Resource decisions on an individual level

4) Macro-Economics: Resource decisions on a society level

5) Behavioral Economics: The psychology of resource decisions

Notes #0a, Title: “Econ Intro Notes” 1) Scarcity: The assumption that everything is

limited (time, objects, skills).

Notes #1a, Title: “Econ Intro Notes” 2) Economics*: Study of how resources are

allocated*like all areas of social sciences, they are not pure

sciences in that they rely on human behavior, and humans are not 100% predictable. The closest thing social science gets to real science is psychology.

Notes #1a, Title: “Econ Intro Notes” 3) Micro-economics: Resource decisions on an

individual level

Notes #1a, Title: “Econ Intro Notes” 4) Macro-Economics: Resource decisions on a

society level

Notes #1a, Title: “Econ Intro Notes” 5) Behavioral Economics: The psychology of

resource decisions

Notes #1a, Title: “Econ Intro Notes” 1) Scarcity: The assumption that everything is

limited (time, objects, skills).2) Economics*: Study of how resources are

allocated*like all areas of social sciences, they are not pure

sciences in that they rely on human behavior, and humans are not 100% predictable. The closest thing social science gets to real science is psychology.

3) Micro-economics: Resource decisions on an individual level

4) Macro-Economics: Resource decisions on a society level

5) Behavioral Economics: The psychology of resource decisions

Capitalism (Market Economy/Free Enterprise): Resources decided by private individuals based on private ownership (fascinated by indiv’s money)

Communism: Resources decided by the govt based on ideas of equality + greater good (gov controls property on behalf of the ppl, given resistance by the wealthy, this often leads to totalitarianism)

Socialism (hybrid): Most resources decided by private individuals, but some vital resources (education, health care, etc) are controlled by the govt for the good of all (paid by high taxes)

Work #0a, Title “What is economics?”Deicide with your partner (include their name):1) Who should decide what kinds of cars we

produce (mini cars, SUVs, etc)?2) Who should decide how (what methods, highly

paid workers, zero toxins factories, etc)we use to produce our cars?

3) Who should get to own these cars?

4) Who should get the liver transplanta) Wealthy retired baseball player (90% chance of survival)b) Mother of 2 (50% survival chance)c) Teenager (20% survival chance)d) Nobel prize peace winner scientist

(5% chance of survival)

Capitalism (USA*) All PrivateEven US not 100%

Socialism (Sweden) Gov Control Private

Communism (North Korea) All Gov ControlEven N Kor not 100%

Work #0b, Title “Why Team Econ Projects?”1) Copy Source Title: Daniel Goleman (Harvard Business Review)Read, and then respond to:2) What is emotional intelligence?3) How do those with high emotional IQ benefit? 4) How do we increase our emotional IQ?Bonus Q 5) Economics used to say that emotional IQ was only needed for fraction of Americans (the managers), but as lower end jobs get outsourced to other countries, why do you think economist now say emotional IQ is a 21st century skill that every American needs to stay globally competitive? What’s USA’s edge?

5 Reading/Film Qs Come From These Work Sections

Work #0c, Title “21st Century Skills”1) Ask good questions (curious)2) Collaborative (works well in teams)3) Motivates diff. kinds of people (leadership)4) Effective communicator (relay your ideas)5) Creative (creates things)6) Adapts to change/differences (unexpected)7) Entrepreneurial (takes risk and initiative)

1) Write down which one skill you picked last week, and reflect where you made progress with it, and how can you be stronger?2) Pick one skill to focus on for next week.

Homework: 1) Study handout for constitution quiz.2) Bring a notebook and folder3) Design your checks

Workbook Check: If your name is called, drop off your workbook with Mr. Chiang (if requested, points lost if your workbook is not turned in)

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