Jan. 27/28
After reviewing the homework, students dramatized various scenarios of inflation and deflation. We learned through the process how price changes can negatively and sometimes positively affect different groups.
Homework: Read chapter 19, pp. 201-210. Complete student workpoint 19.5 (5 points).
Jan. 23/26
We began class with 10 point quiz on macroeconomic concepts we have learned so far. Mr. Yamada then explained the differences between the Keynesian and neoclassical models for illustrating macroeconomic changes.
Homework: Read chapter 18, pp. 186-195. Complete student workpoints 18.1 and 18.2 (5 points).
Jan. 21/22
Students presented various scenarios in which aggregate demand and aggregate supply shift. Students explained the impacts on price levels and output.
Homework: Prepare for quiz on macroeconomics concepts we have learned so far (see your study guide for topics), 10 points.
We will turn in the AS/AD problems that were due last class. (These were not collected last class so that students could use them as notes to study for the quiz.)
Tues., 1/20 (CHS)
AM: We watched the inauguration live and worked through the individualized graduation plan sheet.
PM: We watched clips of macroeconomic current events and discussed their relevance to the current economic crisis.
Homework: See previous class.
Fri. 1/16
Guest teacher Kreg Hulings shared video clips on macroeconomic current events.
Homework: See previous class.
Jan. 14/15
Mr. Yamada introduced the basics of the Aggregate Demand and Aggregate Supply curves today. Students worked in small groups to illustrate shifts in the curves arising from various scenarios.
Homework for Jan. 16/20: None.
Homework for Jan. 21/22: Complete remaining problems from the activity given in class, illustrating shifts in AS or AD. Explain the changes in price level and output in writing (10 points).
Jan. 12/13
Students calculated a consumer price index in small groups using prices of products that they recorded for the supermarket assignment. If you were absent, download and complete the CPI poster activity individually or with others who were absent by clicking here.
Homework: Read chapter 16, complete the four examination questions at the end of the chapter for 5 points.
Jan. 8/9
Mr. Yamada introduced the circular flow diagram on the new study guide. Students devised and performed skits illustrating the various components of national income.
Homework: Complete the supermarket assignment for Jan. 12/13. Return to the store where you collected you original prices and record the new prices for the exact same goods (10 points).
Wed., 1/7 (Churchill)
Students turned in the second current events commentary and performed the play “Harry Potter and the Dismal Science.”
Homework: Read first part of Ch. 14 for Friday (147-152) and complete student workpoint 14.1
Tues., 1/6 (South)
Students participated in a macroeconomic simulation. Mr. Yamada returned externalities posters to everyone and current events commentaries to the first AM class.
Homework: Read first part of ch. 14, pp. 147-152 and complete student workpoint 14.1 for Thursday. For Monday, 1/12, complete the second part of the shopping assignment.