Welcome to Government Spending!
Now that we’ve learned market failures, it’s time to move into government spending. The government spends money for two reasons: to fix market failures and to achieve economic goals (remember those from Chapter 2?).
As we’ve been doing for the last few chapters, having you read about the concepts before we dive into teaching it helps you to understand what we’re talking about. You can see this assignment on Google Classroom (https://classroom.google.com/u/2/w/NTMzNjMzMDYzMjVa/tc/NTczNDMzMDU0OTZa) or you can just make a copy off Google Docs (https://docs.google.com/document/d/1DmLoXmAjxM9xCTjf9973Cc_LARJlqcK1fbGx8VaqqH8/edit?usp=sharing). This is a little shorter than other chapters and will be due Friday, April 3 at 11:59pm. The instructions are below.
Read Chapter 10 of the textbook (pages 260-287 in the paper copy; pages 281- 308 in the digital copy). Use the information to answer the questions in the attached doc.
- The Market Failures Slideshow was due last week. It is the biggest assignment of the quarantine so far. If you haven’t already, turn it in! (https://iblog.dearbornschools.org/rauscher/2020/03/20/homework-market-failures-slideshow/).
- The Monopoly Questions are open for a retake (https://iblog.dearbornschools.org/rauscher/2020/03/25/retake-monopolies-questions/).
- The Chapter 7 Objectives were due last night. If you haven’t already, turn them in! (https://iblog.dearbornschools.org/rauscher/2020/03/24/homework-market-failures-learning-objectives/).
Posted in Economics and tagged chapter 10, government spending, Homework, learning objectives by Adam Rauscher with no comments yet.
The Stimulus Package
CNN has an excellent description of the $2.2 trillion stimulus package at https://www.cnn.com/2020/03/25/politics/stimulus-package-details-coronavirus/index.html.
As we are discussing macroeconomics, this is very interesting. The government is trying to keep demand from dropping. As more people are out of work, their income drops, which you remember, means a drop in demand. The government is proposing several different ways to keep money in people’s pockets, which should keep demand from falling too much. When we start talking about government spending next week, we will talk about demand-side economics. This is just a good discussion to have. Please hit me with any questions.
Otherwise today, there are three assignments you could be working on. The Market Failures Slideshow is due this evening at 11:59pm (https://iblog.dearbornschools.org/rauscher/2020/03/20/homework-market-failures-slideshow/). The Monopoly Questions are open for a retake (https://iblog.dearbornschools.org/rauscher/2020/03/25/retake-monopolies-questions/). The Chapter 7 objectives are due on Sunday (https://iblog.dearbornschools.org/rauscher/2020/03/24/homework-market-failures-learning-objectives/). You have the luxury of managing your own time. Do it well.
Posted in Economics and tagged coronavirus, Homework, learning objectives, macroeconomics, monopolies, slideshow, stimulus by Adam Rauscher with no comments yet.
Homework: Market Failures Learning Objectives
For Sunday at 11:59pm, complete the learning objectives for Chapter 7 on Market Failures. Get the details on Google Classroom: https://classroom.google.com/u/0/c/NTMzNjMzMDYzMjVa/a/NTU3MjY1NDQ3MjZa/details
Posted in Economics and tagged Chapter 7, Homework, learning objectives, market failures by Adam Rauscher with no comments yet.
Homework: Chapter 5 Objectives
Updated March 15th
Tuesday after the test, you got a copy of the Chapter 5 Objectives sheet. you must answer all of the questions and turn in by Tuesday, March 17th. Submit by scanning or taking a picture of your notes. Download the sheet below. Check the textbook here .
Posted in Blogs and tagged Chapter 5, Homework, learning objectives, supply, Vocabulary by Adam Rauscher with no comments yet.
Homework: Chapter 4 Learning Objectives
Complete the Chapter 4 objectives sheet you started in class today. It is due by Wednesday, February 26th. You can see the textbook online at this link (you don’t have to sign up). Use pages 90-115 Download the vocab sheet below if you need to.
Posted in Economics and tagged chapter 4, demand, Homework, learning objectives by Adam Rauscher with no comments yet.
Economic Systems Slideshow
Everybody is required to create a slideshow that defines the economic systems we see in the world today. This is due at the beginning of class on Monday, February 24th. The rubric is below if you want to download it.
Posted in Economics and tagged assessment, chapter 2, Economic Systems, Homework, project, slideshow by Adam Rauscher with no comments yet.
Homework: Chapter 2 Vocabulary
Complete the Chapter 2 Vocabulary Sheet by Monday, February 10th. You can see the textbook online at this link (you don’t have to sign up). Download the vocab sheet below if you need to.
Posted in Blogs, Economics and tagged chapter 2, Economic Goals, Economic Systems, Homework, Vocabulary by Adam Rauscher with no comments yet.
Homework: Chapter 4 Vocabulary
Remember, on Monday, October 7th, you need to turn in the vocabulary sheet for Chapter 4 (Economics_ Chapter 4.1 Vocabulary). You can look for definitions in the textbook here.
Posted in Economics and tagged chapter 4, demand, Homework, Vocabulary by Adam Rauscher with no comments yet.
Project: Plan to Get Rich
The assessment for Chapter 3 is a project. You can complete it either as a written paper or as a slideshow. It’s due by 11:59pm on Sunday, September 29th. Download the rubric below and send your work to rauscha@dearbornschools.org
Posted in Economics and tagged assessment, Business Structure, Chapter 3, essay, get rich, Homework, project, slideshow by Adam Rauscher with no comments yet.
Homework: Chapter 3 Vocabulary
The Chapter 3 Vocabulary sheet is due Monday, September 23rd. You can download it below. Please keep in mind that we are looking for economic definitions, not for whatever Google spits back at you. You can find excellent definitions in the textbook at this link.
Posted in Blogs and tagged Business Structure, Chapter 3, Homework, Vocabulary by Adam Rauscher with no comments yet.