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December

Date

Agenda

Homework

HL Year 2 
 12.3 Quiz: unemployment and inflation
Economic growth
Chapter 19 link
Listen to Planet Money #776 Here We Grow Again link
 Quantitative Economics p. 50
IA work time
 12.5  IA #2 work time
https://www.youtube.com/watch?v=aXS9-YL0tyQ
 Work on IA  
 12.7 Video: Inside Job Work on IA, Chapter 19, Chapter 20  
 12.11 http://livingwage.mit.edu/ These are the results for Jeffco http://livingwage.mit.edu/counties/08059 http://www.visualcapitalist.com/interactive-median-income-u-s-counties/ Income Inequality (part 1) Introduce lesson with video: Poverty: https://www.youtube.com/watch?v=MHPz8YPys2w Income Inequality: https://www.youtube.com/watch?v=vttbhl_kDoo https://wetheeconomy.com/films/the-unbelievably-sweet-alpacas/
Lecture
 Work on IA
Chapter 20 link
 
 12.13  Income inequality
Lorenz Curve and Gini coefficeient
 Finish IA
Watch video at http://video.pbs.org/video/2097386046/ and answer the following questions: Why has there been an increase in debt relative to income? Does it matter that the top 1% command 1/3 of all wealth? Do you believe inequality led to our economic crisis? Can education help? What skills are needed? What is the solution? Then read the article at http://www.stlouisfed.org/publications/itv/articles/?id=1920. How does this article add to or change your ideas from the video? Finally, how do these resources add to your thinking about a fair and efficient way to fund and maintain the public services we want?
 Quantitative Economics pp. 51-52: Tax rates

IA work time
 12.17  Review for final exam  Study for final exam  
 12.19  Macroeconomics exam  Listen to Planet Money series: Planet Money makes a T-shirt  
   You guys know that I love Planet Money. In 2013, they made a t-shirt and produced stories about the creation from the cotton all the way to the transportation. It blew my mind, and I think about it in relation to international economics all the time! Therefore, I’m asking that you listen to the 7 podcasts by the end of January. I listed links to the full podcast versions. I understand that you might prefer the shortened radio versions instead, which have been shortened and reorganized. If that’s the case, all of those are listed here: http://www.npr.org/series/248799434/planet-moneys-t-shirt-project. You’ll still get the valuable information. Episode 496: Where the Planet Money T-Shirt Began (20:57) http://www.npr.org/sections/money/2013/11/15/245470814/episode-496-where-the-planet-money-t-shirt-began Episode 497: Love, Betrayal, and the Planet Money T-Shirt (22:14) http://www.npr.org/sections/money/2013/11/20/246395456/episode-497-love-betrayal-and-the-planet-money-t-shirt Episode 498: The Last T-Shirt in Colombia (24:26) http://www.npr.org/sections/money/2013/11/22/246776421/episode-498-the-last-t-shirt-in-colombia Episode 499: Richard Nixon, Kimchi, and the First Clothing Factory in Bangladesh (19:19) http://www.npr.org/sections/money/2013/11/27/247564324/episode-499-richard-nixon-kimchi-and-the-first-clothing-factory-in-bangladesh Episode 500: The Humble Innovation at the Heart of the Global Economy (18:38) http://www.npr.org/sections/money/2013/12/04/248883212/episode-500-the-humble-innovation-at-the-heart-of-the-global-economy Episode 501: A Shirt, a Meat Grinder, and the Book of Everything (13:24) http://www.npr.org/sections/money/2013/12/06/249278784/episode-501-a-shirt-a-meat-grinder-and-the-book-of-everything Episode 502: The Afterlife of a T-Shirt (19:07) http://www.npr.org/sections/money/2013/12/11/250240941/episode-502-the-afterlife-of-a-t-shirt Episode 503: Adding Up the Cost of the Planet Money T-Shirt (21:05) http://www.npr.org/sections/money/2013/12/13/250747279/episode-503-adding-up-the-cost-of-the-planet-money-t-shirt  
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