Economics Assignments
A summary of what is discussed and assigned daily will be posted here. However, actual documents and PowerPoints will be posted on the Google Classroom website.

If you are ready to start saving you need to check out this deal! Quail Creek Bank has SEVERAL opportunities for you to earn money off your money as a young adult and this is the best deal yet! Do it now! I am actually young enough still and I am going to do it, too! This bank actually provides us everything you'll in Personal Finance!

So here is what the deal entails: If you open a savings account, you can deposit any amount all the way up to $1000 and earn 5% interest!!!!!! This is a HUGE deal that you'll understand more in a few weeks. You will keep earning that amount until you are 30 (unless of course times get rough for the bank)!! Any amount over $1000 will earn the normal .1% interest. Please say you heard about the deal at Deer Creek High School because it'll help ensure I get the funding to keep our school's program going.

First we are completing the 0% Interest for 24 months worksheet. Then we are completing the chapter 7 case studies and finally you will be receiving the study guide for the next test which will be next Wednesday. Everything is attached on GC.

•You go to the store and the original price of an item is $29.99.
1.If the item was on sale and the sale was 15% what would the new price be?
2.If the item was an additional 20% off of the sale price what would the new price be?
•You go to the store and the original price of an item is $179.99.
1.If the item was on sale and the sale was 25% what would the new price be?
2.If the item was an additional 20% off of the sale price what would the new price be?

​Ch 7 Summary​
•Page 156– Build on what you’ve learned
•Page 157– Take Action
•Page 158-159 All of it.
•3 bellworks  this chapter (2/12, 2/13, 2/14)
•Make sure all of Ch 7 is done before bringing it to me.

Answer the following questions on page 145. 
1. What is something that you really, really want?
2. How must does it cost?
3. Do find a website where you can find it at a discounted price or an off-brand version of it.
4. How much would you save from that other website or the off-brand?
*We are completing pages 149-153 today. 

Bring me your workbook if you didn’t show me the finished Ch 6 pages and summary. Answer the following on page 144 and see photos for bellwork on GC.
1. How are we being advertised to by Ashton Kutcher’s character on Two and a Half Men?
2. How are we being advertised to by Justin Bieber?

We are discussing and filling out pages 142-148 today.

Answer the following in Ch 6.
List the steps in making a decision using the acronym. 
What is opportunity cost?
What is the opportunity cost of going to a movie instead of going to the mall?
What are some opportunity costs of those small, daily purchases?
How do you enjoy small purchases while also making smart saving decisions?

We also completed the Ch 6 Case Studies.

Ch 6 Summary
Page 138- follow the directions
Page 139- follow the directions on Take Action Challenge; Don’t do the Big Ideas
Page 140-141- Do it like always

Make sure all of Ch 6 in the workbook is done and you’ve completed all the bellworks (5) inside, too, and then bring me your workbook.

I forgot to post this bellwork last week!

What is a better deal on a $50 item: 45% off the original price or 30% off and additional 20% off at the register?
What is the price per item if you purchase an $8.99 product at “Buy 2, get 1 free?
Why do stores offer sales such a buy 1, get 1 at half or buy 2, get 1 free?
What do you have to be cautious of before purchasing anything that is on sale?

We completed a bellwork, we learned about the PACED Decision-Making Model, we practiced together, and then students tried one on their own and turned that one in. See all attachments on GC.
We finished Living on One Dollar Then  students answered these on their grateful sheet and turned it in.

1. What surprised you about the way these Mayan-Guatemalan live each day?
2. What are 3 ways you can do better by saving and spending right now?
3. After watching the documentary, what are two things you grateful are about in your life?

After finishing this sheet you should either have 10 gratefuls if you are writing on your original or you should have 5 gratefuls if you started a new sheet. 

We watched Living on One Dollar. We will finish it tomorrow. 

Turn in the Commercial Viewer worksheet. Complete the survey. Complete the Food for Thought sheet. You can use the internet for most of it. You might need to go visit a grocery store though.

We are talking about pages 135-136 today. Budgets are also due. Then we are looking about ad techniques, determining with commercials are using which techniques and then students will finish the rest of the worksheet over the weekend while they watch tv about commercials they see. 

View the following commercials, determine which technique is being used from the worksheet and write down the name of that commercial beside the technique. 
1. Doritos
2. Michael Jordan 
3. Kitkat
4. OJ 
5. Atomic Bomb  
6. Simpsons 
7. Tesco
8. Coca Cola  
9. Michigan

We completed workbook pages 135. 
Go online and answer the following in your workbook.
What is a pyramid scheme (Put it in words that make sense to you)?
What are 2 examples of possible pyramid schemes?

page 133-134 =)

After this Friday I will not take any late work from Chapter 5. 
Update your budgets. 
Complete the questions below on page 130.
How important is it to have cool clothes?
Who is the most influential on what you consider to be cool?
What makes a certain style of clothing cool?
What is the cost of “cool?”
Explain the relationship between spending practices and achieving financial goals.

surplus: extra money
deficit: in debt

workbooks 130-132

Finish up the Ch 1 workbook summary if you didn't on Friday and get it to me. Complete the Ch 1 Case studies, too. We read over pages 126-129. Add the following two words to the key terms.
inflation: price increases
deflation: price decreases

Budgets start today! We are completing pages 22 and 23 together in the workbooks. You are going to complete the Ch 1 summary. Follow the directions below. Then we are going to "play" the Game of Chance. 

Pg 24: write out the entirety of each of the 7 components. These are on one page on the workbook. You don’t need to do the Big Ideas, just read them
Page 25: On income write out how much you make or get from parents and how often; On expenses write out what you pay for from that money and how often, On assets write out what YOU own of value and how much it’s worth
Page 26-27: Complete it ALL. Remember on the illustrations you can either draw a picture or explain the words.

Answer the following on page 18. 
What is the financial reality of American families?
Why is learning to manage money now important?
Look at the bottom of page 18. What is your money personality?
We discussed pages 14-21.

Today students were given their budget sheets to start tomorrow. Today they needed to figure out what their budget amount is going to be for the next week. 

Bellwork: Go online and look up what each of these do and why they were put into place and write them somewhere in Chapter 1 of your workbook. 
Federal Deposit Insurance Corporation (FDIC)
Home Owners Loan Corporation (HOLC)
Federal Housing Authority (FHA)
Electric Home and Farm Authority (EHFA)

After discussing bellwork students watch a Dave Ramsey video that filled in blanks on pages 16 and 19. We will discuss them tomorrow. 

We started Chapter 1 today, pages 9-14 in the workbook.
Add the following to the Ch 1 key terms:
asset-- an item you own
liability- an item that you're still making payments on
add this to the credit definition: "to credit your account" means money is going into your account (yay!)

Test day! Absent students have one week to retake it and must schedule with me a time to come in.

We reviewed the study guide for Monday's test and then looked at the cost of living in different states along with the cost of living on campus vs off campus. 

We completed the Post High School Budget worksheet and the case study about Ethan. Students were also given their study guides for the test on Monday. 

Finish your college chart from yesterday! =)

Students completed the case studies and turned it in. Students started the College Chart and will have tomorrow to continue working on it. 


*Don't forget about the second parent interview due Tuesday!

Complete pages 122-125.
On page 122, after you define the words, simply read the Big Ideas statements.
On page 123, determine your options after graduation. If you only have one option right now determine your possible back-up plan!
On page 124, if you can’t draw well just describe the words they want you know. 
On page 125, follow the directions. 
Bring it to me when you are done and complete the next assignment which is small and easy. =)

Letter to Your Future Self
How do you envision your life in five years? Write a letter to your future self detailing what you want your life to be like in the following categories: standard of living (how much have you saved? Do you have credit cards, student loans, card debt?), career, education level, family and the types of activities in which you are involved. Your letter to you needs to be at least a full page.

Standard of living=the degree of wealth and material comfort available to a person or community

We are completing pages 118-121. You have another interview for your parentals. It is due Monday.

Interview your parents! Learn roughly how much they spend on you each month! Do you want to maintain the lifestyle they’ve provided you? It’s about time to learn just how wonderful they are to you!
Some items I have seen on student lists are:

Food clothes school activities
Allowance gas medicine
car insurance         car payment cellphone payment
Health insurance mortgage/rent
Household utilities (divided by how many people live in the house)

We completed pages 112-117. Lots of information life info!

Today we completed in the workbook and discussed pages 106-111. Students should be proactive and be working on scholarships and saving money outside of class. 

-turn in your parent interview
-add to your grateful sheet
-we completed and discussed 104-105 of our workbook

-grateful bellwork
-read and discussed pages 100-104 of our workbooks
-parent interviws due mMonday
-get those FAFSA forms done!

Write down another something you're grateful for on your bellwork sheet. =) Pre-Test day!!! If you were gone you'll need to make it up on your own time please. Don't forget those parent interview sheets are due on Monday! 

Welcome! Most of you I had last semester but a few of you I didn't. If you weren't mine last semester don't forget to read the syllabus, get that sheet signed by your parentals/guardians, and answer the questions about yourself. 

Everyone did the following. If you were absent, please do it. =)
1. Get out two clean sheets of paper.
2. Go online and find a inspirational quote that you feel could benefit you and your peers this semester. Write it on both sheets. 
3. On one of the sheets after the following question. Reflecting on your work ethic, behavior, attitude, etc. from last 4. semester, what are some things you can do better? Turn in this sheet.
5. On the second sheet title it “I’m grateful for” then write down one thing you are grateful for. You will keep this is in your class binder and write something different each day. This will serve as a reminder to us on those bad days they we have a lot to be grateful for. =)