Thursday, May 31, 2012

Life After the AP Macro Test

Here are some music videos that my students produced after the AP Test this spring.  I also would like to thank Mr. Clifford for the project idea too.  After the exam the class broke off into groups and went to work on producing their videos.  We used iMovie, Garageband, and video cameras as our main tech tools.  In the end we turned them into web streams and uploaded them to my Youtube account.  (that was very simple actually)

Government Regulations & the FDA

FDA Rules Corn Syrup Can't Change Its Name To Corn Sugar

Wednesday, May 30, 2012

Another good currency article

Five spots where the dollar buys a great vacation


(click on to enlarge)

Greek Brain Drain

Greeks are leaving for Germany

Tuesday, May 29, 2012

Summer Vacation

Summer vacation will soon be starting and I will continue to post updates throughout the summer.  The updates will be less frequent but there should be a few updates a week as I myself like to keep up-to-date on the news.  My school releases on the 31st of May and I will be returning to full time in late August.  I hope you had a good school year and hopefully will see some of you at the AP Institute at Carleton College this summer.  Take care and have a good summer!

Monday, May 28, 2012

Ice Cream Economics

Ice cream goes on a crazy streak this summer

Sunday, May 27, 2012

Friday, May 25, 2012

Thursday, May 24, 2012

Wednesday, May 23, 2012

Tuesday, May 22, 2012

Monday, May 21, 2012

Market Structures Article (mainly European, but useful)

Google ordered to mend its ways fast or face antitrust action

More on gas prices and supply & demand

How Iran could double its oil output

Conflict of Interest?

Why is Jamie Dimon on a Federal Reserve board?

Sunday, May 20, 2012

Friday, May 18, 2012

Chinese Trade Article

U.S. slams Chinese solar panels with new tariffs

Supply & Demand Instruction Idea

My colleague and fellow economics instructor (Mark Perry) here at Moorhead High School is taking his economics class to the Tastee-Freez in Moorhead for a lesson in supply and demand.  They will walk on over and have a quick discussion about entrepreneurship with the owner and then by some ice cream.  When they return to the high school they will develop their own supply and demand problems that relate to the Tastee-Freez.  (nice activity for a 90 degree day in the Red River Valley)

The Market for Lost Luggage

Airports Auction Lost Luggage (good clip for a Friday)

Facebook Advertising Story from NPR

More Gas Supply & Demand

Unlike the East, gas prices stay stubbornly high out West

Thursday, May 17, 2012

Article that would be useful in teaching derived demand

Bakken’s slogan: Build, baby, build

Housing summit calls for 5,000 homes in 24 months
More than 350 people from 33 states are attending the sold-out summit, representing developers, builders, investors and others in the construction industry.

Good Information for Students

High-Paying Jobs You Can Get Without a Four-Year Degree

Coffee Artcle for Consumer Expectations

Coffee drinkers may live longer, study suggests

Tuesday, May 15, 2012

Great Unemployment Article for Micro and Macro

Also, when at the article make sure to click on the article picture to view a slideshow about four hot degrees at the moment.  This is a good article for discussing unemployment with Macro and Micro from the resource market perspective.  Enjoy!

Sidewalk Chalk Economics

Here is a small picture from Macro today:

My AP Macro class went outside for part of the hour this morning and worked in teams on the 2005 FRQ Form B questions.  It was nice to have them see the enlarged graphs and actually be able to walk on them too.  For instance they drew a money supply graph, followed by a long aggregate supply and demand, and put together a Phillips Curve to demonstrate what happened on the AD/AS graph.  It was a fun and different way to work with these problems and I am going to try the same thing with Micro this afternoon.  (Cost:  only one box of sidewalk chalk at Target for about $4.00)

Monday, May 14, 2012

Diet Craze Continues

7-Eleven adds low-calorie Slurpee version nationwide

Recession Article

Recession added debt, drained families' savings


Saturday, May 12, 2012

Economic Development Article (Potential)

Gold! Haiti eyes potential $20 billion bonanza

Companies drilling; neighboring Dominican Republic also plans to get a cut

Friday, May 11, 2012

Bulletin Board Ideas From My Classroom

Business Cycle
(click on image to enlarge) 
(Expansion, Peak, Contraction & Trough followed by employment, boom, unemployment, bust and the definitions of a recession and depression) 

Circular Flow (Taken from the Mr. Clifford Explanation)
(click on image to enlarge) 

(This has been extremely useful in teaching AP and the Regular Economics Course.) 

Supply & Demand Wall
(click on to enlarge)

(This includes all the ways the graphs will shift; plus price floors and ceilings in the bottom left.)

Macro Cartoon for Discussion

Wednesday, May 9, 2012

Government Regulations

Kraft fined for underweight Oscar Mayer packages

Tuesday, May 8, 2012

Good Article for Macro

Greece could drop euro but tragedy won't follow

Used Cars Supply & Demand

As Car Owners Downsize, the Market Is Strong for Their Used S.U.V.’s

Monday, May 7, 2012

Video Game Supply & Demand Article

Alternatives to $60 video games

Corporate Tax Breaks

(Interesting video for Macro)

Sunday, May 6, 2012

Chocolate: Supply & Demand

Could the Appetite For Chocolate Exceed the World's Supply?

Friday, May 4, 2012

Penniless Man

Can Going Without Money Hurt the Economy? One Man's Quest to Be Penniless

This article would be a good conversation starter for many concepts in economics.  Take a read!

Scream Follow-up Video

ABC World News Now Scream Painting Sells for Almost $120 Million

Interesting Video on the Airlines from Nightline

Nightline from ABC News Airline Fees: Weigh More, Pay More?

Also, make sure to use sensitivity when addressing this issue in class.  Enjoy!

Thursday, May 3, 2012

Wednesday, May 2, 2012

Another Creation of Value Article

Painting "The Scream" sells for record $120 Million at auction

Creation of Value = willingness to pay, scarcity and utility

Competition Article from Mankiw

Competition Is Healthy for Governments, Too