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.


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Homework: Market Failures Slideshow

Due Monday, March 23rd by 11:59pm

You will create a slideshow using Google Slides to define all of the market failures we have learned about. Go into Google Slides to find the template. Change the title of your slideshow to have your name in it.

First, you must name all FIVE failures. Then you must define them. Last, give examples of these failures as they currently exist in the world. You can find this info in Chapter 7 of the textbook (https://www.dropbox.com/s/9bthf7ru7ynw56c/economics-principles-and-practices1.pdf).

You will also be judged on the style of your presentation.

The finished product should be submitted through Google Classroom by no later than 11:59pm on Monday, March 23rd. Submissions sent in past the deadline will have points deducted.


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Intro to Market Failures

Head to Google Classroom to see the latest assignment. Read through the slideshow on market failures and answer the discussion question.

Don’t forget, there will be something to look at every school day!

http://classroom.google.com


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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.


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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


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