2020/2021 Gov/Economics Calendar
Week 1: Balance of Power
Week 2: Executive Branch
Week 3: Legislative Branch
Week 4: Judicial Branch
Week 5: Political Parties/Beliefs
Week 6: Elections
Week 7: Political Participation
Week 8: Civil Rights and Civil Liberties
Week 9: Economic Basics
Week 10: Supply and Demand
Week 11: Business Organizations
Week 12: Unemployment and Inflation
Week 13: Budgeting
Week 14: Credit/Banking
Week 15: Review
Week 1: Balance of Power
Week 2: Executive Branch
Week 3: Legislative Branch
Week 4: Judicial Branch
Week 5: Political Parties/Beliefs
Week 6: Elections
Week 7: Political Participation
Week 8: Civil Rights and Civil Liberties
Week 9: Economic Basics
Week 10: Supply and Demand
Week 11: Business Organizations
Week 12: Unemployment and Inflation
Week 13: Budgeting
Week 14: Credit/Banking
Week 15: Review
Unit 1:
This class is based on two units. Understanding of economic theory is needed for deeper understanding of the Unit I Foundations questions.
Unit 1: Foundations questions
Subquestions:
Unit 2: Distribution & Happiness
Guiding Question: How Can We Make The World A Happier Place for All?
Subquestions:
How Can We Make Novato Better?
- Guiding Question: Should I have the right to buy anything or anyone that I want?
- Do All Kids Have A Right to an Education?
Subquestions:
- Should we privatize public parks?
- Should we have a right to have children?
- Should we worry about the earth’s carrying capacity?
- What is the purpose of the economy?
- What rights and protections should the commons have?
- Are resources infinite (based on imagination) or not?
- Should grassroots movements or top down (government) forces temper people’s consumption of resources.
Unit 2: Distribution & Happiness
Guiding Question: How Can We Make The World A Happier Place for All?
Subquestions:
How Can We Make Novato Better?
- Is Increasing GDP or GNH a better goal?
- What are the happiest countries?
- What makes an individual truly happy?
Economic theory--What is economics?
Economics can be defined in a few different ways. It’s the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making. It often involves topics like wealth and finance, but it’s not all about money. Economics is a broad discipline that helps us understand historical trends, interpret today’s headlines, and make predictions about the coming years. (AEA) See more here. Some AEA questions include:
- Why are some countries rich and some countries poor?
- Why do women earn less than men?
- How can data help us understand the world?
- Why do we ignore information that could help us make better decisions?
- What causes recessions?
Types of economic systems
chapter_2_types_of_economic_systems.pptx | |
File Size: | 372 kb |
File Type: | pptx |
China reading
Supply and demand: Spinrad's stories with Pokeman and eBay, and the Scott stamp catalog. Gold below.
Summary of May 2019 economic conditions: From The Economist, May 25, 2019:
“Everyone says work is miserable. Today’s workers, if they are lucky enough to escape the gig economy and have a real job, have lost control over their lives. They are underpaid and exploited by unscrupulous bosses. And they face a precarious future, as machines threaten to make them unemployable.
There is just one problem with this bleak picture: it is at odds with reality. As we report this week (see Briefing), most of the rich world is enjoying a jobs boom of unprecedented scope. Not only is work plentiful, but it is also, on average, getting better. Capitalism is improving workers’ lot faster than it has in years, as tight labour markets enhance their bargaining power. The zeitgeist has lost touch with the data.“
The main points:
Two thirds of OECD members (rich countries) enjoy record high employment.
Partly cyclical and partly structural causes include economic stimulus, more educated populations, technology helping match employers and employers, increased levels of women in the workforce (most of the variance), and less generous welfare programs.
Robots and machines do not seem to be replacing the unskilled except in American manufacturing. Across the OECD as a whole a greater share of people with only a high school education or less is working—more than in 2000.
More high-skilled jobs are being created than menial ones. Low-end work is better paid, in part because of higher minimum wages. Wages below two-thirds of the national medium are becoming rarer.
The gig economy accounts for only one percent of U.S. jobs and traditional full-time jobs made the same proportion of employment in 2017 as 2005.
Average wage growth is rising and disability roles are shrinking.
Supply and demand: Spinrad's stories with Pokeman and eBay, and the Scott stamp catalog. Gold below.
Summary of May 2019 economic conditions: From The Economist, May 25, 2019:
“Everyone says work is miserable. Today’s workers, if they are lucky enough to escape the gig economy and have a real job, have lost control over their lives. They are underpaid and exploited by unscrupulous bosses. And they face a precarious future, as machines threaten to make them unemployable.
There is just one problem with this bleak picture: it is at odds with reality. As we report this week (see Briefing), most of the rich world is enjoying a jobs boom of unprecedented scope. Not only is work plentiful, but it is also, on average, getting better. Capitalism is improving workers’ lot faster than it has in years, as tight labour markets enhance their bargaining power. The zeitgeist has lost touch with the data.“
The main points:
Two thirds of OECD members (rich countries) enjoy record high employment.
Partly cyclical and partly structural causes include economic stimulus, more educated populations, technology helping match employers and employers, increased levels of women in the workforce (most of the variance), and less generous welfare programs.
Robots and machines do not seem to be replacing the unskilled except in American manufacturing. Across the OECD as a whole a greater share of people with only a high school education or less is working—more than in 2000.
More high-skilled jobs are being created than menial ones. Low-end work is better paid, in part because of higher minimum wages. Wages below two-thirds of the national medium are becoming rarer.
The gig economy accounts for only one percent of U.S. jobs and traditional full-time jobs made the same proportion of employment in 2017 as 2005.
Average wage growth is rising and disability roles are shrinking.
double_eagle.pdf | |
File Size: | 2920 kb |
File Type: |