Economic$
Murry Bergtraum High School

John Elfrank-Dana, Instructor

Fall 2009


 

Grade Book | Homework | Contact John | Project | NYS Curriculum | Cornell Notes Form | Google Discussion | Student Self-Assessment | Lesson Plans


Class Calendar - Have a great break... See you next semester!!! Grades will be emailed early next week.

News/ Upcoming Events
 

Today:

Check your final grade here: http://www.elfrank.com/F09SemGrades.asp

Attendance Record: http://www.elfrank.com/attendance.asp

 

1/21/2010: Test 4 Climate Change and Economic Draft
(open notes)

REPORT/ESSAY REVISIONS DUE BY SUNDAY AT MIDNIGHT! Send email to jelfrank1@gmail.com with report attached or reminding me it's on Google Docs with the name of the report on the list.


1/20/2010: Test Thursday

How does the U.S. owe Haiti billions?

Read article on history of U.S. in Haiti, Take Cornell notes, compare results with a neighbor.


1/19/2010
How can clean energy help our economy?

Take Cornell Notes

View model essay: http://docs.google.com/View?id=d8jvdqk_1cxjcgbcf

Does your have a title, everyone's names, footnotes, reflections? They are supposed to. Heavy losses of points for not having these.
Do it by Friday and re-share with jelfrank1@gmail.com


1/15/2010 - Climate Action: take Cornell notes on the actions taken around the world. What were they trying to accomplish? Have they been successful?


1/14/2010

How is 350.org trying to help YOU have a future?

Home

Go to: www.350.org and answer the following questions:

1. Who are they?
2. Why is the number "350" so important to them?
3. What would these people at 350.org say about yesterday's presenter on our choices about the climate change question?

4. What was the purpose of the Copenhagen Conference?
5. Why does 350 consider it a failure?
6. How does 350 think you can help?

Having trouble finding the answers? Hint: try their "about" link.

Note down your answers in Cornell notes format.

 


1/12-13/2010
Tragedy in Haiti: What can we do?


1. Reach out to Haitians here
2. Donate to relief efforts
3. Monitor the situation

Share your suggestions or thoughts on my blog: http://laborslessons.blogspot.com reply to the post on Haiti



1/11/2010
Climate Change - How do you choose?

http://www.youtube.com/watch?v=zORv8wwiadQ

Take Cornell Notes.


1/8/2010
Review:
The Economic Draft
http://the-spark.net/csart551.html
Analyze the source: Source Rubric score
Is it a worth source of information?


1/7/2010

Military Service: Why isn't the military enlistment contract a contract?

see today's lesson plan

Read and Take Cornell Notes: Sgt.Abe the Honest Recruiter


1/6/2010 Review Test III


1/5/2010 Test III
Take out a separate piece of paper to use as a backup.


1/4/2010 Welcome back!

Test tomorrow on Labor (everything since 12/2) and film Norma Rae.

Today- work in pairs to review:
1. How do unions work to protect workers? class notes
2. What is "collective bargaining"? How does it change the power relationship in a work place? class notes/ film notes.
3. What are the steps for resolving labor disputes between management and labor? class notes/film notes
4. What are the reasons for and against joining a union? class notes/ film notes
5. How did the company try to prevent a union from taking hold in the O.P. Henley textile mill? film notes
6. Why were they not successful?  film notes
7. How did Martin Luther King, Jr. connect the labor movement with the civil rights movement? 12/7 - 12/8
8. How does unemployment affect wages? 12/14
9. Compare/contrast "living wage" with "minimum wage". 12/18
10. How does your education affect your earning potential? 12/21 & 22


12/21 & 22

Project presentations
Take Cornell Notes

Tonight: How does your education affect your wage earning potential?

See: http://www.bls.gov/opub/ted/2003/oct/wk3/art04.htm

and draw as many conclusions as you can.

Labor continued.
Read article for Friday 12/18.

Living Wages - How the mayor killed the mall.Advocates of the bill say passage would avoid future fights like the Kingsbridge Armory battle.
Read the article

take Cornell notes...


12/14/2009
Pd. 5, pick a day for presentation. 12/16 - 21.

Unemployment - Is it good for the economy?
Take Cornell Notes including student self assessment.


12/9-10/2009

Continue to evaluate and work on your project. See lesson dated 12/09/2009.


The Class Project
Project Essay Rubric

Project Presentation Rubric

12/8/2009
What is the link between the labor movement and the civil rights movement according to Dr. King? see highlights

That the struggle is for dignity as workers and consumers so as to be full participants in the American dream, just at the civil rights movement was a recognition of equality as human beings.

Continue with film.

12/7/2009 -

"That's the question before you tonight. Not, "If I stop to help the sanitation workers, what will happen to all of the hours that I usually spend in my office every day and every week as a pastor?" The question is not, "If I stop to help this man in need, what will happen to me?" "If I do not stop to help the sanitation workers, what will happen to them?" That's the question." Dr. Martin Luther King, Jr. delivered this speech in support of the striking sanitation workers at Mason Temple in Memphis, TN on April 3, 1968 — the day before he was assassinated.
video excerpt:
 http://www.democracynow.org/2009/1/19/dr_martin_luther_king_jr_1929
49 min. into video

Reading: Martin Luther King, Jr. Talks about Labor
How was Dr. King more than a civil rights leader?
You can work in pairs on the reading activity.

What do you think "the promised land" looks like, as Dr. King intended?
 


12/4/2009
Warm up:
Why NOT join a union? answer in your notebooks.
Continue with film and take Cornell notes.
 


12/3/2009
Take notes off lesson plan and convert to Cornell format.
View film and take notes.


12/2/2009

New Unit: Labor
Prepare to take Cornell Notes on
Norma Rae
 


12/1/2009
Project phase III

See 2nd Marking Period Grades


11/30
PowerPoint Demo - watch
Begin phase III of the project.


11/25 Loose Ends Day
To get caught up of loose ends.

Do a self-assessment of where you think you stand on the 5 course goals. I won't hold it against you but want to see where you think you HONESTLY stand.

Check your status on the project . What are the deadlines? Will you be ready to present soon? Is your essay finished and uploaded on Google Docs shared with me? nts/questions on your own.
 

Check your test score, see which ones you got wrong/right.

Have a Happy Thanksgiving!

11/24
Test on Finances, Economic Crisis, Consumer (open notes)


11/23

Topics for Tuesday's Test on Money/Finances and the Consumer

1. What is money? How can local currency impact the local community? Why does the US government tolerate "dirty money" flows into its banks? 
2. The financial crisis (How did we get there? What is the difference between and Ponzi scheme and the housing bubble?)
3. The role of banks (What is their purpose?, Why are they regulated? What is TARP?)
4. Consumer issues - (What is conscious consumption? How can credit cards be a trap? How do you use a credit card responsibly?)

Know key terms:
Currency, TARP, FDIC, Ponzi, Market Bubble, SEC, OCC, real wages, APR, minimum wage, universal default, "Revolver", "Deadbeat", mortgage backed securities, derivatives, Ecological Footprint


11/20 How many planets would it take for support if everyone lived like you?

1. Find out at: http://www.earthday.net/footprint/flash.html - tip. when taking the quiz you slide the bar to the right or left to answer then click on OK.
2. Once done, note the number of planets it takes to sustain your lifestyle if everyone lived like you.

3. Research: Find out what percentage of the world's resources Americans consume. Compare to the percentage of the world's population Americans make up.

E-mail your answers to: jelfrank1@gmail.com

 


11/19 project draft editing and combination.

Phase III begins.


11/18 How do we calculate the real cost of using credit cards?
Activity
Go here: http://cgi.money.cnn.com/tools/debtplanner/debtplanner.jsp

Enter the following information:

1. Credit card name: MC, Balance: $1800.00, Interest: 5, Min. Monthly Payment: 25

2. Select "Minimum Payments" and click on "calculate"

How long will it take to payoff the credit card? How much did you pay to the credit card in interest?

Do it again, except double the min. monthly payment.

What's the difference?

Do it a third time but increase the interest from 5% to 21%.

What's the difference?


11/17: Secret History of the Credit Card- How did the credit card companies entice Americans to spend more?
 


11/16 Are Credit Cards Evil?
http://www.pbs.org/wgbh/pages/frontline/shows/credit/ (view at home only) Transcript

key concepts:

Usury laws, Marquette decision, "deadbeats", revolvers, 3 causes of credit card bankruptcy (medial emergency, divorce, job loss).

 


Project Draft Submission due by 11/15

Were bankers as bad as Ponzi schemers?

Reading: Ponzi Schemes and Banks

Review Finance Basics (refer to your class notes)
Answer in Cornell Notes:

1. What are banks' primary role?
2. How do banks make money?
3. Why are they supposed to be regulated by the government?
4. How did banks fail last year causing the crisis?
5. Why does the government say it's important to bail them out?
6. What should be done to make sure it doesn't happen again?

Next Level (refer to class readings) Due Monday 11/16 Answer in Cornell Notes.

1. How have the role of banks changed in the last 30 years?
2. What are some examples of the new risky financial instruments banks used to get themselves into trouble?
3. Do you blame the borrowers or banks?
4. Do  you believe in the "Too Big to Fail" doctrine?
5. Is the Obama administration doing enough to prevent such a crisis from happening again?

 


11/10 How are you doing (in this class)?
Student Self - Assessment

 

Student Self Assessment Totals


Homework:
 


11/9- Project Phase II
Meet in groups and organize your essay.
 


11/5 -6 Economic Crisis 101 - How did we get into this mess?
Today:

Your choices:

1. finish up yesterday's work
2. work on your project

http://www.oprah.com/slideshow/oprahshow/20081003_tows_economy/2

Review slide content and take Cornell notes. Be sure to note the causes and assumptions that created our economic crisis. Also, who was responsible? What can be done?

Homework: How does Wolf's view in last night's homework differ regarding the root cause of the crisis?

Ali Wolf
Three basic assumptions about the American economy: homes will increase in value over time, wages will go up over time and investments in the stock market will go up over time.  The decline in real wages caused Americans to borrow their way to the "American Dream" because they assumed economic growth would carry them through.
   

 

 


Nov. 4
Continue project work on Phase II
For tomorrow: The Decline of "Real Wages"
See new homework assignments.

 


Nov. 2 (no school tomorrow 11/3)
The Current Economic Crisis -
How did we get into this mess?

 


Oct. 29
Continue with phase 2 of the project


Oct. 27 / 28th
How do we judge the quality of our information?

Warm up:

1.  Review this basic search guide

Activity -

2.  Apply Source Evaluation Rubric to your sources already used.

Note in your Google document research page a score for each source.


 

Aim: Introduction to Financial Institutions & the Consumer

Why don't we have the government print enough money so we can all be millionaires?!
Write your answer in a paragraph in your notebook.

1. Review new homework assignments
2. Concepts of Money (do by Tuesday) - Research and define: money, currency, barter, credit, interest rate, inflation.

Money - Why is it important to the economy?
Do Now: Copy the Attributes and explain why each is important.

  1. Durability

  2. Portability

  3. Divisibility

  4. Uniformity

  5. Ease of Recognition

  6. Relative Scarcity

  7. Stability

Local Money - Does it help a community? Read and answer the questions.

Extension: Forbes Magazine article Funny Money

View the various alternative currencies.


Oct. 26 Guest Speaker: Ms. White from DeVry University


Oct. 22
then:
  
Review your project progress report
 


Oct. 21
Continue to work on your project - Phase 2.
Use the skills from Monday's lesson.


Oct. 20

Corporations and Fascism
 


Oct. 19 How do we use Google search effectively?

Now get started -

Activity 1. Reading (5)
  
Review this basic search guide.

Activity 2. Apply the Search Technique (15)
     Use the techniques of this guide to search for an article for your
     topic.

      Post your find in a response to the Google Group by clicking on "reply" to the post
      Google Search
        Include the following information:

1. What your question was.
2. What key terms your typed in. How you rephrased it, if necessary.

Activity 3. Apply the Critical Thinking Exercise (10)
        Refer to our
Source Evaluation Rubric and rate the
        information from the previous activity. Include this analysis in
        your post from the previous activity.

If you have time, work in your groups to continue your research process in the shared document.

Follow-up: Catch up on posting your Cornell notes.

 


Oct. 26 "Dirty Money"
Do homework assignment: 1. answer fill-in in your notebooks, 2. Create a Cornell notes entry for the article. 



1. Review new homework assignments
2. Concepts of Money (do by Tuesday) - Research and define: money, currency, barter, credit, interest rate, inflation.

Money - Why is it important to the economy?
Do Now: Copy the Attributes and explain why each is important.

  1. Durability

  2. Portability

  3. Divisibility

  4. Uniformity

  5. Ease of Recognition

  6. Relative Scarcity

  7. Stability

Local Money - Does it help a community? Read and answer the questions.

Extension: Forbes Magazine article Funny Money

View the various alternative currencies.


Oct. 22
see today's lesson plan then:
  
Review your project progress report
 


Oct. 21
Continue to work on your project - Phase 2.
Use the skills from Monday's lesson.


Oct. 20

Corporations and Fascism
 


Oct. 19 How do we use Google search effectively?

Now get started -

Activity 1. Reading (5)
  
Review this basic search guide.

Activity 2. Apply the Search Technique (15)
     Use the techniques of this guide to search for an article for your
     topic.

      Post your find in a response to the Google Group by clicking on "reply" to the post
      Google Search
        Include the following information:

1. What your question was.
2. What key terms your typed in. How you rephrased it, if necessary.

Activity 3. Apply the Critical Thinking Exercise (10)
        Refer to our
Source Evaluation Rubric and rate the
        information from the previous activity. Include this analysis in
        your post from the previous activity.

If you have time, work in your groups to continue your research process in the shared document.

Follow-up: Catch up on posting your Cornell notes.


Oct. 15
Project Report


Oct. 14 - PSAT Day, no class.


Oct. 13
Test on Project, Thursday 10/15.
Be prepared to discuss your topic, questions and issues, where you are going as well as share a few links you have explored. See what you will be expected to answer.

The Corporation Continues
 

View The Corporation
Chapters 12 and 13 on YouTube.com (at home).
click here for YouTube

 

 


Oct. 8
Test 1 Review

 


Oct. 7

How do we organize our project research?

 


Oct. 6
Test 1 Take out a separate sheet of paper and put your name and OSIS on it.


Oct. 5 - Finish  your review sheet in Google docs...
 

1. What, How and Who - explain what these questions mean.
2. Three types of economic systems - what are they and how do they manifest themselves in our economy?
3. Supply and Demand (including elasticity- why can supply and demand change a little or a lot,  and critique of supply and demand- what are the assumptions of that theory?)
4. The corporation: how is it a psychopath, paradox and dominant institution. (See your Cornell Notes)
5. The Commandments of Capitalism - Is life fair? How does the conservative answer support capitalism? How does the liberal answer differ? Refer to  your notes.
6. Market Economy and the Price System: How does it work?


Oct. 2, 2009 - Film Friday!
The Corporation - The Assault on the "Commons"
 


Oct. 1, 2009
Announcing: Test 1 Tuesday, Oct. 6
Review:
1. What, How and Who - explain what these questions mean.
2. Three types of economic systems - what are they and how do they manifest themselves in our economy?
3. Supply and Demand (including elasticity- why can supply and demand change a little or a lot,  and critique of supply and demand- what are the assumptions of that theory?)
4. The corporation: how is it a psychopath, paradox and dominant institution. (See your Cornell Notes)
5. The Commandments of Capitalism - Is life fair? How does the conservative answer support capitalism? How does the liberal answer differ? Refer to  your notes.
6. Market Economy and the Price System: How does it work?

Follow-up (homework): The Critique of Supply and Demand. Read and do activity. Due Friday, Oct. 2.

Review for the test over the weekend. Go to Google, Login, go to Documents, Create a New Document and answer the 6 questions above. Share with jelfrank1@gmail.com allow editing. Due Monday, Oct. 5.


9/29 - 9/30
Moving forward with our projects:
see today's lesson plan - see homework in "follow-up" section of lesson plan.


Sept. 25, 2009
Citywide Standards of Discipline and Intervention Measures
Citywide Standards of Discipline and Intervention Measures


Sept. 24, 2009
Activity 1: read about class project (linked above)

Activity 2: Reading
http://www.elfrank.com/Eco/book/unit1/default.htm (read pp. 41 - 43)
Answer in Cornell notes: What are our nations' economics goals?

Class Project (click on "project" above).


Sept. 23, 2009


Homework: Due tomorrow
http://www.elfrank.com/Eco/book/unit1/default.htm (read pp. 41 - 43)
Answer in Cornell notes: What are our nations' economics goals?


Sept. 22, 2009
Supply and Demand Applied on Excel
 


Sept. 21, 2009
Intro to Supply and Demand
 

Links for lesson:
Supply and Demand:
http://www.elfrank.com/eco/lessons/supplydemand1.htm

Homework/follow-up:
http://jim.com/econ/chap15p2.html  take Cornell Notes, Due  Wednesday AM.


Sept. 18, 2009

Case Histories of the Corporation

Sept. 17, 2009
The Commandments of Capitalism: Is life fair?

Links
     The Commandments of Capitalism

 


Sept. 16, 2009
The Corporation -
Legal Person/ Limited Liability/ Externalities.

   


Sept. 15, 2009

    What are the three questions
     Three Types of Economic Systems


Sept. 14, 2009

Cornell Notes/ Google Groups


Sept. 11, 2009
The Corporation/ Introduction to Cornell Notes
 


Sept. 10, 2009

1. Register for the Class
2. Review Course Requirements
3. Create a GMail account if you don't already have one.

Friday: The Economic Draft
http://the-spark.net/csart551.html

Source analysis:
Take Cornell Notes and Do a Source Rubric score of this reading.


New Film
Norma Rae


Veterans' Day

See Special Report on Veterans
Take Cornell notes on video and/or transcript.

Due Thursday 11/12


Financial Unit: What are the Causes and Solutions for the Current Economic Crisis
The Decline of "Real Wages"
The root cause?

Read article and answer questions.


Consumer Unit: Are you a good consumer?
What's your footprint?
Should we buy nothing this Christmas?

Buy Nothing Day -
Nov. 27.
www.350.org
Film Fridays: What Would Jesus Buy?
 


What kind of a "person" is the corporation?

Watch on YouTube at home
Notes on the film


www.TheCorporation.com


9/10/2009
President Obama's Speech to Students

What was the purpose of his speech?
Was it appropriate?
What do you agree/disagree with and why?
What is a question you'd like to ask him?

 

   
   

copyright © 2005, John Elfrank-Dana

Material on this site may be reproduced or distributed for educational (non-commercial) purposes only and if cited: www.elfrank.com/Eco