Economics Assignments
- Instructor
- Mr. Paul Lopez
- Term
- 2017-18 School Year
- Department
- History/Social Science
- Description
-
Course Description: In grade twelve, students will master fundamental economic concepts, applying the tools (graphs, statistics, equations) from other subject areas to the understanding of operations and institutions of economic systems. Studied in a historic context are the basic economic principles of micro- and macroeconomics, international economics, comparative economic systems, measurement, and methods.
During the course students will:
- Understand common economic terms and concepts and economic reasoning.
- Analyze the elements of America’s market economy in a global setting.
- Analyze the influence of the federal government on the American economy.
- Analyze the elements of the U.S. labor market in a global setting.
- Analyze the aggregate economic behavior of the U.S. economy.
- Analyze issues of international trade and explain how the U.S. economy affects, and is affected by, economic forces beyond the United States’s borders.
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Past Assignments
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Financing Development
To complete the activity in your textbook, follow these instructions:
Visit the Peace Corps and the Red Cross Web sites.
Explore these two sites dedicated to international volunteerism. What causes have these organizations taken on? How do these organizations attempt to aid developing nations? Outline one potential activity that you or your class could participate in to aid development.
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Visit the United Nations Environment Program homepage.
Select a link in the Explore Topics Area drop-down menu. Then follow the various links to learn about environmental issues from around the world. For specific information on developing countries select one of the region-specific links on the left. Summarize your findings in a brief paragraph.
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Section 2: Trade Barriers and Agreements
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Imagine a large manufacturing firm is losing money rapidly. The owners cannot understand why, since the markets for their goods appear to be thriving. They hire you to investigate. Draw pictures of the things you find around the factory that show how it is being mismanaged and where it needs to cut costs. Make sure you identify fixed and variable costs.
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Understanding Supply:
Scarcity can influence the elasticity of the supply of a good or service. Investigate two of our main sources of energy (petroleum, natural gas, hydropower, nuclear, geothermal), and determine whether supply is elastic or inelastic and fully explain why. (1 paragraph for each source of energy)
Visit the Learning About Fossil Fuels site of the Department of Education: http://www.fe.doe.gov/education/energylessons/
For more information on understanding supply, visit the following sites:
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Demand affects our everyday lives. Find a two (2) recent article online on the topic of demand and write a summary for each article.