Week 4: September 17 to 23, 2018

RosenWorld

economics

 

The Week's Schedule of Work and Activities

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Monday, September 17, 2018 / Early Release Schedule

 

Classic Rock and Roll Monday:  The Clash / London Calling (1980)

 

Released in January 1980, with the decade but a pup and the new year in gear, London Calling was an

emergency broadcast from rock's Last Angry Band, serving notice that Armageddon was nigh, Western society

was rotten at the core, and rock & roll needed a good boot in the rear. Kicking and screaming across a

nineteen-song double album, skidding between ska, reggae, R&B, third-world music, power pop and full-tilt p

unk, the Clash stormed the gates of rock convention and single-handedly set the agenda — musically, politically

and emotionally — for the decade to come.

 

Video Series: The History of Paper Money

 

We’ll finish up our look at the history of paper money.  Remember that the notes for this will be due when you take the chapter 2 exam.

 

Presentation: Thinking Like an Economist (day one of three)

 

Chapter 2 is the second chapter in the three-chapter section that serves as the introduction of the text. Chapter 1 introduced ten principles of economics that will be revisited throughout the text. Chapter 2 develops how economists approach problems while Chapter 3 will explain how individuals and countries gain from trade.

 

The purpose of Chapter 2 is to familiarize you with how economists approach economic problems. With practice, you will learn how to approach similar problems in this dispassionate systematic way. You will see how economists employ the scientific method, the role of assumptions in model building, and the application of two specific economic models. You’ll also learn the important distinction between two roles economists can play: as scientists when we try to explain the economic world and as policymakers when they try to improve it.

 

A formal presentation of the material you'll find in your chapter 2 readings. Included: The Terminology of an Economist

 

The Economist as a Scientist

1. The Scientific Method

2. The Role of Assumptions

3. Economic Models

4. Model #1: The Circular-Flow Diagram

5. Model #2: The Production Possibilities Frontier

6. Microeconomics and Macroeconomics

 

The Economist as Policy Advisor

1. Positive vs Normative Analysis

2. Economists in Washington

3. Why Economists Disagree

 

Summary

 

Tuesday, September 18, 2018 / Regular Schedule

 

Classical Tuesday:  Pyotr Ilyich Tchailkovsky (1840-1893 / 1812 Overture (1882)

 

The 1812 Overture, was written to commemorate Russia's defense of its motherland against Napoleon's invading Grande Armée in 1812.  The overture debuted in Moscow on September 20, 1882, under a tent near the then-unfinished Cathedral of Christ the Saviour, which also memorialized the 1812 defense of Russia.  The overture is best known for its climactic volley of cannon fire, ringing chimes, and brass fanfare finale. It has also become a common accompaniment to fireworks displays at outdoor concerts throughout the world. The 1812 Overture went on to become one of Tchaikovsky's most popular works, along with his ballet scores to The Nutcracker, The Sleeping Beauty, and Swan Lake.

 

Presentation: Thinking Like an Economist. (Day two of three)

 

Continuing with the presentation began yesterday. Notes need to be taken for class credit.

 

 

Homework:

 

Study text pages 19 to 22: Introduction

 

• The Economist as Scientist

• The Scientific Method: Observation, Theory, and More Observation The Role of Assumption

• Economic Models

 

You will be tested next time on this material with a 5 question quiz and bonus.

 

Wednesday, September 19, 2018 / Regular Schedule

 

Movie Soundtrack Wednesdays:  Good-Bye Lenin / Yann Tiersen (1970-     )

 

Good Bye Lenin! is the original soundtrack album of the film of the same title starring Daniel Brühl and Katrin Sass. The music is composed by Yann Tiersen, with the exception of the non-instrumental version of "Summer 78" sung by Claire Pichet.  Parts of the soundtrack are reminiscent of Yann Tiersen's best known film work, the soundtrack for Amélie, which was in turn strongly influenced by French music. In fact, one of the songs on Amélie, "Comptine d'un autre été : L'après-midi", was also used on Good bye, Lenin! during the scene of the family's first East-West Berlin outing, although it does not appear on the soundtrack album.

 

Quiz #4:

 

A 5-question plus bonus on the text material on pages 19 to 22.

 

Presentation: Thinking Like an Economist.  Day three of three.

 

The conclusion of the presentation

 

Homework:

 

Study text pages 22 to 28:

 

• Our First Model: The Circular-Flow Diagram

• Our Second Model: The Production Possibilities Frontier Microeconomics and Macroeconomics

• FYI: Who Studies Economics

 

You will be tested next time on this material with a 5 question quiz and bonus.

 

Thursday, September 20, 2018 / Regular Schedule

 

Opera Thursday:  Gioachino Rossini (1792-1868) / La Cenerentola (1817) / Act II:  "Siete voi?...Questo e un nodo avviluppato…Donna sciocca."

 

La Cenerentola (Cinderella) is an operatic dramma giocoso in two acts by Gioachino Rossini is based on the familiar fairy tale Cendrillon by Charles Perrault. The opera was first performed in Rome's Teatro Valle on 25 January 1817. / Rossini composed La Cenerentola when he was 25 years old, following the success of The Barber of Seville the year before. La Cenerentola, which he completed in a period of three weeks, is considered to have some of his finest writing for solo voice and ensembles. / The Act II sextet "Siete voi?...Questo e un nodo avviluppato…Donna sciocca,” occurs just after the Prince (tenor Lawrence Brownlee) has revealed himself to Cinderella (mezzo-soprano Elīna Garanča), her father, and her two ugly stepsisters.  All bewildered and shocked, they remark on how confused they all are as the Prince reins them all in with a golden ribbon.

 

Quiz #5

 

A 5-question plus bonus on the text material on pages 22 to 28.

 

Chapter 2 Review Session / Day one of two

 

You will be given the a study guide/worksheet consisting of ten short answers dealing with specific material from the reading and three problems based on the circular-flow diagram and the production possibilities frontier. You are to work on this material in class, preferably by yourselves, but you can work with others if you choose (and you keep the noise levels down). This is the first of two worksheets.

 

News Review (if time)

 

Homework:

 

Study text pages 28 to 35:

 

• The Economist as Policy Adviser Positive versus Normative Analysis Economists in Washington

• In the News: Super Bowl Economics

• Case Study: Mr. Mankiw Goes to Washington Why Economists Disagree

• Introduction

• Differences in Scientific Judgments Differences in Values

• Perception versus Reality Let's Get Going

• In the News: Why You Should Study Economics

 

You will be tested next time on this material with a 5 question quiz and bonus.

 

Friday, September 21 2018 / Regular Schedule

 

Whatever Friday

 

Whatever Fridays are reserved for...well...whatever!  It might be a classic music video, a clip from an old film, something totally weird, or something quite pedestrian and everyday.  You can help program Whatever Fridays by submitting a request at steve.rosenberg@abcusd.us   Mind you, it need to be free of explicits and in good taste.  And it has to appeal to SiR's standards.

 

Quiz #6

 

A 5-question plus bonus on the text material on pages 28 to 35.

 

Friday Advice

 

Chapter 2 Review Session / Day two of two

 

More in-class time to work on the study-guides.  These will be due on Monday.

 

Getting Ready for College: Seven Deadly College Freshmen Mistakes to Avoid

 

Aleigha Nicole shares with us all her fun perspective about the errors you'll probably make more than once in your early college career (we hope not!). (6:48)

 

News Review (if time)

 

 

 

 

 

 

 

 

S. Rosenberg  /  Whitney High School  /  16800 Shoemaker Avenue  /  Cerritos, California 90703  /  562-926-5566  x22361  /  steve.rosenberg@abcusd.us