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Economics
Mr. Haderlein
Agenda
• Class Overview
• Quiz
• HOMEWORK
– Review and Print Powerpoint
– Complete reading…Economics and People
Course Overview
PRESENTATION OF INFORMATION
• Text Book - NONE
– Naked Economics
– Lots of articles and assigned reading
• More current events than text book reading
• Application of what you’re learning
• Lectures
• Powerpoints
• Video & movies
Course Overview (cont.)
Powerpoints introduce the concepts
Lectures explain the concepts
Readings, videos, movies apply the concepts
Course Overview (cont.)
Powerpoints introduce the concepts
Lectures explain the concepts
Readings, videos, movies apply the concepts
So if you don’t review and print the
powerpoints before class, success is not likely
Course Overview (cont.)
Lectures explain the concepts
not enough class time to write down all the
information contained in the powerpoints
Course Overview (cont.)
Organized around six themes or modules
1. What is Economics?
2. Supply and Demand
3. Money and Banking
4. GDP & Economic Challenges
5. Macroeconomic Policy
6. Globalization
PLUS a SPECIAL BONUS – Person Finance
Course Overview (cont.)
• Grades
– Six tests 50%
– Quizzes 10%
– Writing assignments on the reading 10%
– Final 20%
– Student Company 10%
– Class Participation 5%
Deemphasize tests, emphasize quizzes,
writing assignments, and class participation
Additional Class
Materials
• Multi-Colored pens (or pen)
• One inch three ring binder
Laptops, kindles, iPads, etc.
Yes, you can use them.
• Class Rules
– Be on time
– Pay attention
– Be prepared
– Cellphones….wait until 3 minute break within
class
• Comments
• You are responsible to monitor your grade
• You are responsible to seek help (e-mail is
best way to contact me)
Don’t be this guy.
Pay attention.
Being Prepared
• Do the reading
– Assigned
– Posted on Facebook
• Print and Review the Powerpoint
before class
Accessing Powerpoints &
Reading Assignments
1. Powerpoints and Current Reading
found on Facebook
2. La Salle HS Economics
3. “Like” the page
Printing Powerpoints
• You are expected to print the
Powerpoints BEFORE class
– And bring it to class!
– Life is much easier if you have the
powerpoints
• Here’s how…
Absences
You are responsible for…
– Reviewing the powerpoint.
– Getting the homework assignment,
reading assignment.
Absences (continued)
Tests…
• You need will make-up the test at detention when you return.
• You get a ZERO* if you have not made arrangements to make-
up the test and I return the tests.
• E-mail is the best way to make arrangements to take the test.
• Extra Credit is given to the class if everyone takes the
test on test day. Don’t be absent.
*YES…a ZERO
Drinks, food, and gum
Quiz
• Economics is….
• Economics is….
– The study of human behavior. How
people allocate resources to produce
goods and services to satisfy needs and
wants
• Economics is….
– The study of human behavior. How
people allocate limited resources to
produce goods and services to satisfy
unlimited needs and wants.
» Remember…resources are always scarce
Economics is…
Economics is…
like dentistry. It’s useful but
sometimes it’s a bit painful.
Economics and Cinderella
Is the Cinderella’s step-mom really wicked
or just logical?
Did she efficiently allocate her limited
resource of parenting to the daughters
most likely to snag the prince and
therefore get her a great retirement?
Homework
• Print and review powerpoint for next class
• Read “The X Factor of Economics: People”
Handouts

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August 22

  • 2. Agenda • Class Overview • Quiz • HOMEWORK – Review and Print Powerpoint – Complete reading…Economics and People
  • 3. Course Overview PRESENTATION OF INFORMATION • Text Book - NONE – Naked Economics – Lots of articles and assigned reading • More current events than text book reading • Application of what you’re learning • Lectures • Powerpoints • Video & movies
  • 4. Course Overview (cont.) Powerpoints introduce the concepts Lectures explain the concepts Readings, videos, movies apply the concepts
  • 5. Course Overview (cont.) Powerpoints introduce the concepts Lectures explain the concepts Readings, videos, movies apply the concepts So if you don’t review and print the powerpoints before class, success is not likely
  • 6. Course Overview (cont.) Lectures explain the concepts not enough class time to write down all the information contained in the powerpoints
  • 7. Course Overview (cont.) Organized around six themes or modules 1. What is Economics? 2. Supply and Demand 3. Money and Banking 4. GDP & Economic Challenges 5. Macroeconomic Policy 6. Globalization PLUS a SPECIAL BONUS – Person Finance
  • 8. Course Overview (cont.) • Grades – Six tests 50% – Quizzes 10% – Writing assignments on the reading 10% – Final 20% – Student Company 10% – Class Participation 5% Deemphasize tests, emphasize quizzes, writing assignments, and class participation
  • 9. Additional Class Materials • Multi-Colored pens (or pen) • One inch three ring binder
  • 10. Laptops, kindles, iPads, etc. Yes, you can use them.
  • 11. • Class Rules – Be on time – Pay attention – Be prepared – Cellphones….wait until 3 minute break within class • Comments • You are responsible to monitor your grade • You are responsible to seek help (e-mail is best way to contact me)
  • 12. Don’t be this guy. Pay attention.
  • 13. Being Prepared • Do the reading – Assigned – Posted on Facebook • Print and Review the Powerpoint before class
  • 14. Accessing Powerpoints & Reading Assignments 1. Powerpoints and Current Reading found on Facebook 2. La Salle HS Economics 3. “Like” the page
  • 15. Printing Powerpoints • You are expected to print the Powerpoints BEFORE class – And bring it to class! – Life is much easier if you have the powerpoints • Here’s how…
  • 16. Absences You are responsible for… – Reviewing the powerpoint. – Getting the homework assignment, reading assignment.
  • 17. Absences (continued) Tests… • You need will make-up the test at detention when you return. • You get a ZERO* if you have not made arrangements to make- up the test and I return the tests. • E-mail is the best way to make arrangements to take the test. • Extra Credit is given to the class if everyone takes the test on test day. Don’t be absent. *YES…a ZERO
  • 20. • Economics is…. – The study of human behavior. How people allocate resources to produce goods and services to satisfy needs and wants
  • 21. • Economics is…. – The study of human behavior. How people allocate limited resources to produce goods and services to satisfy unlimited needs and wants. » Remember…resources are always scarce
  • 23. Economics is… like dentistry. It’s useful but sometimes it’s a bit painful.
  • 24. Economics and Cinderella Is the Cinderella’s step-mom really wicked or just logical? Did she efficiently allocate her limited resource of parenting to the daughters most likely to snag the prince and therefore get her a great retirement?
  • 25. Homework • Print and review powerpoint for next class • Read “The X Factor of Economics: People”