GOOGLE CLASSROOM: zrwhtrp
QUESTION OF THE DAY
Every day, there will be a “Question of the Day” available on the class website. You should do your best to write a complete response (25 word minimum) to the question and EMAIL it to me. If you aren’t sure about what to write, please ask! My email address is firstname.lastname@example.org.
We need the government to perform certain duties in our economy. What are some of the most important roles of government?
What do you think are the biggest things that the government spends money on? Where does the money come from?
Why does the government provide certain goods and services (like roads), but not others (like cars)?
No QOD - Pumpkin Carving!
Government is more-or-less “hands off” in a market economy, but what kinds of “market failures” (problems) should the government step in to fix?
Why do you think the government should maintain competition in our economy? Are there any industries where it just makes sense to have monopolies?
Why does the government need to “redistribute income”? How does it do this? (give some examples)
What is Macro-Economics? What does it tell us? Why do we care?
Why is STABILITY important in our economy? What can the government do to help? Give examples.
To see how you’re doing, a doctor might check your temperature, pulse, and blood pressure. How can economists tell how well our ECONOMY is doing? (give me a few ideas)
What is meant by UNEMPLOYMENT? How is the unemployment rate calculated?
What is the formula for GDP and what does it mean in words?
No QOD - Free Day
We are grinding on BPA competitions again! What do you want to accomplish today?
We have talked about the Federal Reserve's role in stabilizing the economy. What else can the government do to help the economy?
What do you think makes some nations wealthy and other ones poor?
Consumers in the U.S. love to spend money. How does this help to explain why the U.S. has an imbalance of trade? How does a recession actually help?
What’s on your mind TODAY?
Today is our fourth BPA Prep Day. What are 3 things you’ll do today to get prepared for battle …?
What is meant by GLOBALIZATION? How does this trend affect our economy? Is it a good thing or a bad thing?
What is meant by the word “CULTURE”? How can culture influence international business? How can international business influence culture?
Why do you think that some countries decide to trade with each other while others choose not to? Try to come up with several examples.
Are there any international organizations that help to regulate trade and other issues between countries?
Why aren’t all currencies worth the same? What are some of the factors that impact the value of a country’s money?
We are finishing up our unit on the global economy. What’s one interesting thing you learned?
Wouldn’t international trade be easier if we all used the same money? Why do you think we still have different currencies around the world? Do you think that this will change someday?
Think back to the McDonald’s article from a few days ago and explain how a Big Mac can help us value foreign currency.
SYLLABUS AND WEEKLY SHEETS
2023-24 FIFO Syllabus
2023-24 FIFO Student Guide and Forms
FIFO Week 1
FIFO Week 2
FIFO Week 3
FIFO Week 4
FIFO Week 5
FIFO Week 6
FIFO Week 7
FIFO Week 8
FIFO Week 9
FIFO Week 10
FIFO Week 11
FIFO Week 12
FIFO Week 13-14
FIFO Week 15
FIFO Week 16
Roles of Government
Preamble, Constitution & the Economy
Public Goods and Services
How Competitive Is The Industry?
A Fair Tax?
Macro I Review
Macro I Test
What Component of GDP?
Business Cycle, Can You Have Too Much Money?
In Plain English
BPA Competition Prep
Wealth of Nations
Puzzle of Government Intervention
An American Journey, Globalization
Culture in School, Worst Cultural Mistakes
Global Tactics Game
Reflections on Global Tactics, Trade Cases
AB3s of Forex, Big Mac Economics
Macro III Test Review
Global Trading Patterns Game