Post a 2-3 sentence explanation of a concept that you learned in Microeconomics this semester that is likely to be on the AP exam. No copying your classmates.
Monday, May 8, 2017
Sunday, April 30, 2017
Illegal Immigration: Not an Economic Debate
Check out this article by Jason Welker about the Economics of Illegal Immigration. It is a refreshing take on an issue that has gotten a great deal of publicity recently. What are your thoughts after reading the article? Is this different from what you have been hearing from both the Republicans and the Democrats lately? Leave your comments before Sunday at midnight.
Sunday, April 23, 2017
AP Micro Review
Find an internet site that offers some type of review for the AP Micro Exam. Post the link and a 3-5 sentence summary of your opinion of the site. Do not copy anyone else's site and AP College Board and Mr. Clifford's ACDC Econ are off limits.
Sunday, April 16, 2017
AP Micro Review
Go to one of the following:
Mr. Clifford's Microeconomics Videos
AP Microeconomics Powerpoints
Reffonomics AP Microeconomics Prep
Click on a link from one of these pages. Select one video, ppt, lesson, etc. from one of these sites. Give the source and title of the lesson and write a short synopsis of the lesson (3-5 sentences). Lastly tell me if you think that this would be valuable to someone preparing for the AP Micro exam. Do not copy a lesson that someone has already done.
Mr. Clifford's Microeconomics Videos
AP Microeconomics Powerpoints
Reffonomics AP Microeconomics Prep
Click on a link from one of these pages. Select one video, ppt, lesson, etc. from one of these sites. Give the source and title of the lesson and write a short synopsis of the lesson (3-5 sentences). Lastly tell me if you think that this would be valuable to someone preparing for the AP Micro exam. Do not copy a lesson that someone has already done.
Tuesday, April 4, 2017
Minimum Wage
As this weeks chapter deals with minimum wage the blog will as well. Go to the following website,
Minimum Wage and explore it. Write down at least two interesting pieces of information that you discovered on the website. Don't copy your classmates. Each post must contain two pieces of information that have not been discussed.
Minimum Wage and explore it. Write down at least two interesting pieces of information that you discovered on the website. Don't copy your classmates. Each post must contain two pieces of information that have not been discussed.
Monday, March 27, 2017
Game Theory
The current chapter we are studying deals with Game Theory, go to the following link, and explore. Find an example of game theory in pop culture, the media, or in fiction and write a 3-5 sentence summary in your own words. Don't copy any example that has already been used.
Sunday, March 19, 2017
Is it time to retire the penny?
Has the venerable $.01 piece outlived its usefulness? Check out the website for some of the arguments in favor of eliminating the penny. What do you think?
*Also check out this guys hilarious rant against the penny.
*The second video is from a guy who loves pennies. Which side are you on? Why?
Sunday, March 5, 2017
Is Paying Kids for Good Grades Wrong?
There have been several experiments by school districts at paying students for attendance, good behavior, and good grades. The most recent attempts in Washington, D.C., New York City, and even our very own Houston have shown some promising results. Money is a powerful incentive. Click on the link below, read the article, and leave your thoughts about "money for grades." Posts should be 50-75 words.
Sunday, February 26, 2017
200 Best Economics Blogs For Students
200 Most Influential Economics Blogs
Click on link above to be taken to list website
Review two blogs from this list of the 200 best blogs for economics students. Make sure they are from different categories, and don't repeat one that someone else has already done. Yes I realize that this means you will have to check the previous posts to see which ones have already been reviewed. The sooner you do this one the easier it will be. Reviews need to include:
1) Content
2) Appearance
3) Ease of Navigation
4) Apparent bias
http://www.onalytica.com/blog/posts/top-200-most-influential-economics-blogs/
Click on link above to be taken to list website
Review two blogs from this list of the 200 best blogs for economics students. Make sure they are from different categories, and don't repeat one that someone else has already done. Yes I realize that this means you will have to check the previous posts to see which ones have already been reviewed. The sooner you do this one the easier it will be. Reviews need to include:
1) Content
2) Appearance
3) Ease of Navigation
4) Apparent bias
http://www.onalytica.com/blog/posts/top-200-most-influential-economics-blogs/
Monday, February 20, 2017
Worldwide News
Go to Welker's Wikinomics Economics Universe feed by following this link. Browse through the multitude of articles until you find one dealing with market structures (monopolies, oligopolies, monopolistic competition, perfect competition). Go to the article read it, and fill out the following: Source:
Article Title:
Date:
Market Structure discussed:
2-3 Sentence Synopsis of article:
You may not copy anyone else's article, so get this one done early.
Article Title:
Date:
Market Structure discussed:
2-3 Sentence Synopsis of article:
You may not copy anyone else's article, so get this one done early.
Sunday, February 12, 2017
Types of Market Structure
There are 4 basic types of Market Structure:
1. Perfect Competition
2. Monopolistic Competition
3. Oligopoly
4. Monopoly
Select one of the above, give me one fact about the market structure and one example of a modern day business that operates as the structure you select. Don't copy your classmate's ideas.
Tuesday, February 7, 2017
Super Bowl 2017 TV Ad Analysis
Many corporations spend their entire advertising budget on Super Bowl commercials.
Follow this link, Super Bowl TV Ads to the commercials from the 2017 Super Bowl. Pick one that hasn't been selected already and complete the following questions on the commercial.
1. Form- What kind of piece is it? What does it look like? Was it visually appealing?
2. Audience. To whom is the author addressing the piece? Was the message appropriate for the target audience.
3. Topic or subject. What is the piece mainly about? What is the brand?
4. Purpose. What is the author trying to accomplish with the piece? What is the objective of the piece?
5. Effectiveness. Did the add make you want to purchase the product?
6. Long term Effect. Did you like the ad? Will you remember this add in the future?
Once the original 66 ads have been analyzed, look on this website,Best Super Bowl Ads for ads from previous Super Bowls and use them
Follow this link, Super Bowl TV Ads to the commercials from the 2017 Super Bowl. Pick one that hasn't been selected already and complete the following questions on the commercial.
1. Form- What kind of piece is it? What does it look like? Was it visually appealing?
2. Audience. To whom is the author addressing the piece? Was the message appropriate for the target audience.
3. Topic or subject. What is the piece mainly about? What is the brand?
4. Purpose. What is the author trying to accomplish with the piece? What is the objective of the piece?
5. Effectiveness. Did the add make you want to purchase the product?
6. Long term Effect. Did you like the ad? Will you remember this add in the future?
Once the original 66 ads have been analyzed, look on this website,Best Super Bowl Ads for ads from previous Super Bowls and use them
Monday, January 30, 2017
School Vouchers: An Economic Debate
Do School Vouchers Improve the Quality of Education
Follow the link to the article listed above. Read the article and post your thoughts on this issue. Are you for or against school vouchers? Why? Include at least two points from one of the sources listed at the bottom of the article. Be sure to list which source you used. Do not copy the points used by any of your classmates.
Check this website for more resources both pro and con.
http://www.balancedpolitics.org/school_vouchers.htm
Sunday, January 22, 2017
Supply and Demand Practice
In your response, select the first unanswered problem from the table. Give your answers to the problem and then leave a problem of your own. The first to respond will answer #2 and leave question #34, the next student to respond will answer #3 and leave #35 and so on.
Market
|
Event
|
Would the demand curve or supply curve shift?
|
Would the curve shift to the right or left?
|
Determinant
Involved
|
1. wheat
|
A drought destroys much of the crop.
|
Supply
|
Left
|
Stoner (R)
Resources/Raw Materials
|
2. redwood lumber
|
Environmentalists urge consumers to boycott redwood products.
| |||
3. cigars
|
A new study shows that smoking cigars results in lots of wrinkles.
| |||
4. butter
|
The price of margarine goes up.
| |||
5. paper
|
The price of wood pulp rises.
| |||
6. Hula hoops
|
Brad Pitt confides to People magazine that "he gets a big kick out of his hula hoop."
| |||
7. yachts
|
The average price of stocks falls by over 20% between now and the end of the year.
| |||
8. gasoline
|
Large sports-utility vehicles (like Suburbans and Expeditions) become more popular.
| |||
9. umbrellas
|
Heavy rain is forecast.
| |||
10. tofu
|
E. Coli bacteria is found in another meat plant.
| |||
11. gasoline
|
Two oil supertankers collide.
| |||
12.hamburger
|
The price of hamburger rises.
| |||
13.oranges
|
There's an early frost which destroys much of the crop.
| |||
14. apples
|
A new pesticide is developed which controls tent caterpillars.
| |||
15. grapes
|
The National Marines Fisheries Service bans pesticide spraying within 1,000 feet of waterways containing coho salmon.
| |||
16. wine
|
The average wage of grape harvesters rises by 10%.
| |||
17. U.S. cars
|
The U.S. imposes a tariff on Japanese car imports.
| |||
18. hospital beds
|
Scientists discover a pill that cures cancer.
| |||
19. cement
|
A 7.9 earthquake hits San Francisco.
| |||
20.Video rentals
|
The price of getting cable TV goes up.
| |||
21. windshields
|
A new law is passed requiring gravel trucks to cover their loads with tarps.
| |||
22.Taxi service
|
Local subway workers go on strike
| |||
23.Bike helmets
|
The price of bicycles goes down
| |||
24.melons
|
The cost of water goes up.
| |||
25. Lucernemilk
|
The price of Safeway milk goes down.
| |||
26. jellybeans
|
The price of jellybeans goes up.
| |||
27.Oreo cookies
|
The price of milk increases.
| |||
28.Burger King whoppers
|
McDonald's lowers the price of Big Macs.
| |||
29. Hot dogs
|
60 Minutes does an expose called "The Truth about Hot Dogs."
| |||
30.Hot dog buns
|
The price of flour rises
| |||
31. butter
|
Mad Cow Disease wipes out a lot of dairy cows.
| |||
32. candles
|
An electric company official announces that a computer bug will likely result in power outages.
| |||
33. Cowboy boots
|
Old Navy launches an ad campaign called "Everyone in cowboy boots."
| |||
34. Your entry
Monday, January 16, 2017
Is the death penalty an efficient deterrent to murder?
Here is a chance for you to think about where you stand on another major issue.
The economic argument in favor of the death penalty is rather simple. Economists assume that individuals weigh the expected costs and benefits when deciding to undertake any activity. Thus, rational individuals considering criminal activities would weigh the expected benefits against the expected cost of the criminal endeavor. The expected cost of any given crime is affected by the probability of being detected, the probability of being convicted given detection, and the expected penalty that results from a conviction. Since the death penalty provides a higher cost than alternative punishments, it is expected to generate a larger deterrent effect, ceteris paribus.
Go to the website and use two sources to justify whether you are for or against the death penalty.
Sunday, January 8, 2017
Production Possibilities Curve
Click on the title link to find an excellent article on the Production Possibilities Curve and Frontier. The way this weeks blog will work is that I will post a question from the article. The first person to post will answer my question, and then leave a question of their own from the article. The next person to post will answer that question then write one of their own and so on and so on. Question #1 Why do most world religions teach their adherents to have an attitude of gratefulness?
Link to Article
Monday, January 2, 2017
Welcome to Microeconomics Class of 2017
Welcome Class of 2017. Reply to this post with a topic that you think we will be studying this semester in Microeconomics. Don't copy any of your classmates posts.
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