Assignments Economics

Econ: Final Exam Information

Here’s some information for you in regards to the final exam for Honors Economics:

  1. If you’re a Senior, you may take the final exam any time this week, as long as you schedule it in advance. After school is not an option other than Wednesday, May 25th, 2011. All other times must be before or during school.
    • It’s up to you to make sure you schedule and take the final exam, not me. Make sure you understand that responsibility.
  2. Study materials for the final exam are available here. Please study, and make sure you’re comfortable with all of those terms.
  3. The final exam consists of 200 matching / multiple choice type questions. It usually takes students (based on prior years knowledge) at least 1 full hour to complete the exam.
  4. The final exam for my class (Mr. Johansson, 6th period, Spring 2011) is scheduled for June 7th, 2011 during the second exam slot. Make sure you attend. It will be extremely difficult for you to make up an exam after we leave for the year!
Assignments Economics

Reading: Killer Cars and the Rise of the SUV

Here’s the reading due on Tuesday, by start of class:

Killer Cars and Rise of SUV

  1. What are CAFE standards?
  2. What are some differences between cars in the U.S. and cars in Europe?
  3. What is a cartel, and what role does OPEC play in today’s gasoline markets?
Economics History In Review

Q4 Week 7 – In Review

The week started off on Monday with most, if not all, of the Sophomores attending Physics Day at Cedar Point. I don’t think I had more than 6-7 students all day. The few Juniors that showed up for Economics entertained themselves, and none of the Seniors were in attendance due to prom weekend’s extended activities! I spent the day planning for an interview at Summit County ESC, and preparing the rest of the week’s lectures and activities.

On Tuesday we began a unit on Civil Rights by seeing a short video on Rosa Parks from, which helped the students better understand the events around the bus boycotts, and how that eventaually led to desegregation of not only busing, but the rest of society as well.

On Wednesday, we reviewed and debriefed the video in preparation for the primary document activity starting Thursday. Thursday started with “late start”, where students show up two hours later, and the staff has professional development in the morning.

4th and 7th periods were able to get started on Thursday in the IMC, investigating nine primary documents around the bus boycott, noting what they had learned in their self-made learning log.

On Friday we got all the classes up to speed, and worked on analysis in the IMC.

In economics, we charged hard with lectures on Taxes, the Government, and Fiscal Policy. Some of the Seniors will be taking the econ final exam next week, a little early, so hopefully they are preparing themselves for that. The rest of us will wait until finals week for the final exam. All of the review terms are available here, so please make sure to check them out.

On Friday in Economics, we took the day off since it was such a nice day out, and I introduced the students to a Swedish game called Kubb. It’s a lawn game that involves quite a bit of strategy and skill, especially the longer you play it. The students enjoyed it a lot, and I’m thinking we can probably throw in another day or so next week, depending on how classes go.

Here are the Kubb World Championship Rules for those of you who want to investigate more, or make your own set!

Economics News

Study: 85% of College Grads Move Home to Live with Parents

Study: 85% of College Grads Move Home to Live with Parents – TIME NewsFeed.

Assignments Economics

The End of Poverty – The Discussion

Please leave your comments, concerns, and questions here regarding the materials we’re working with in class.

Make sure to leave at least 2 quality comments by Thursday afternoon (5/12/2011).

Assignments Economics

Reading: A Village of the Poorest People

Here’s the reading this week: A Village of the Poorest People

Here are the questions: Poorest Village Questions

DUE DATE: Before class, Thursday May 12, 2011.

Economics History In Review

Q4 Week 4 – In Review

In US History, we began the week with another work day due to circumstances last week, and it fit in the schedule just fine. Students worked on their 16.3 homework, and we talked about the upcoming week. Tuesday we started our culminating activity for the Cold War by seeing the animated version of Dr. Seuss’ The Butter Battle Book, which parables the Cold War, but in a Seussical fashion. Students compared the Butter Battle to real Cold War actions using a T-chart, and we ended the class with a group discussion on the items.

On Wednesday, we started on our one-page Dr. Seuss inspired Cold War adventure, where I asked them to create a page to go in a book. The requirements included an illustration in color, a paragraph using Seuss rhyming scheme, and weaving in of Cold War terms. If they made up new words, they got a small bonus! I provided the markers, paper, colored pencils, about 20 or so Dr. Seuss books from Stow Library, and of course, toast. I brought in my toaster, several loaves of bread, and butter – all so we could have our own in-house “Butter Battle”. We enjoyed the toast, and we got a lot done. Thursday we finished up, and Friday we ended with The Week in Rap, presentation of our Dr. Seuss pages, and preparing for Space Week.

In Economics, we spent Monday and Tuesday continuing on the Food, Inc. / Six Hats Project, which went really well. Those projects will be graded soon, and we’ll present them next week (or at least a selected few). On Wednesday, we began a new section Market Structures, with discussions on Perfect Competition, Monopolistic Competition, Oligopoly, and Monopoly. Lots of vocab, and understanding what they different structures do, and how they operate. I showered the class with examples of where to find the different structures in real life, and we touched on non-price competition, especially how it effects the gas station markets around our school, and really everywhere. With gas prices at $4/gallon, it’s starting to hurt… How will that impact the other services the gas stations provide? Will you still get that drink if you’re shelling out for gas?

On Friday, we ended by playing Monopoly, using a quick start method, as well as using some financial tools allowing us to play without using the cash money, which makes for a quicker game. Read more about how we do that here.

Economics etc.

ECON Graph: How NOT to sell me something!

Economics News

ECON: Real GDP is UP!

Real gross domestic product (GDP) grew at an annual rate of 1.8% in the first quarter of 2011, according to today’s advance estimate.  This follows a growth rate of 3.1% in the fourth quarter of 2010.

This information is sent to you free by the  Economics and Statistics Administration through the Economic Indicators service. This and other economic indicators data are now available on ESA’s Twitter feed. Check out other demographic and economic data from the U.S. Census Bureau and the Bureau of Economic Analysis, and visit to learn how the Department of Commerce can help businesses become more competitive.

Assignments Economics

Reading: Coke’s Last Frontier

Here’s the reading for this week, due on Monday May 2, 2011.

Coke’s Last Frontier

Leave your comments below. Make sure to address some of these questions:

  • Why does Coke want to get into the market in Africa?
  • What’s different between markets in Africa and markets in the Western (developed) world?
  • What type of market structure is Coke? (from class / reading)

And, of course, what kind of cola are you? Coke or Pepsi, or something else? <– this is just for fun, and should not be the brunt of your answer…