Extra Credit Essay: Speech or Financial Advice Column in Crimson Crimson

Write a 2 page graduation speech or a HHS Crimson Column to your fellow graduates:
How to Survive the Great Recession;
or, How to Spend Less Than You Earn; or,
How to have a girlfriend, apartment, car, new cell phone, and go to clubs with no money whatsoever!!
Use your textbook and internet (to support your opinions) and cite your sources. Write the pros and cons of each issue. Then provide your final comment or advice on each. Use the terms from your final exam list throughout your essay. Use wit, humor, artwork, quotes---to make it readable, entertaining, and informative.

Do or Don’t
Open Credit Cards—give facts about interest rates, ads, problems, alternatives….
Buy a Car—costs vs. income, interest rates, best next alternative
Go to College or a technical school. Graduate from College---expenses, loans, jobs and salaries from each
Take out a Student Loans---how to, interest rates, how much to borrow, problems
Buy Health Care Insurance?—costs and benefits, alternatives to insurance
Buy the next, newest cell phone---needs vs. wants; cost vs. benefit; planned and perceived obsolenscence
Save money, play the the Stock Market, put money saved in a CD—examples of interest rates, successes in UpDown, problems, profits, etc.
Renting an apartment—initial costs, rents/examples, agreements

Make sure each of the above is supported with facts from the textbook and the internet if you want to
Score high on this essay. 8 paragraphs. Each paragraph should be well constructed with a topic sentence and
3-4 facts supporting an argument or opinion. Conclusion: Make an argument for being ‘thrifty’ or make an argument for
Borrowing and spending that you will pay off with a good job one day.


Example… “Do not carry a credit card balance. Use a debit card. Don’t borrow….but if you have to… pay off the entire balance each month. If you’re tempted to use it to buy something that you can’t otherwise pay for, don’t. Period. Let’s say you buy a Nintendo Wii and a few accessories and put $400 on your credit card, then only make minimum payments for a year. On a typical “first” credit card with a 19.9% APR, you’ll have just watched $80 vanish into thin air. Here are some typical credit card offers…….
Here is how they try to get you to take a credit card….Here is some advice I found on the internet…..

Draw a timeline of your plans for the next year, 5 years, 10 years…

Final Exam; Show what you know!

FINAL EXAM ECONOMICS, 2010 (SHOW WHAT YOU KNOW ABOUT 32 topics)
What is the Fundamental Economic Problem?
Scarcity
Supply
Needs vs. Wants
Paradox of value
Demand
Market Economy, Traditional economy, Command economy
Economic equity
Full employment
Econ security
Gross Domestic Product and Econ growth
Utility
Wealth
The Role of Education in Income
Trade offs, Opportunity Cost
Traditional Economies, Command Economies Market Economies
Capitalism and Free Enterprise
Role of the Government in regulating economy
externalized costs,
Third world country
planned obsolescence,
perceived obsolescence
Goods
Labor-
Financial capital
Stock
S & P
NYSE
Entrepreneur
Sole Proprietorship
Corporation
Partnership
discrimination,
comparable worth
minimum wage
“Clutter”; breaking through the clutter
Obama’s Health care plan— advantages for people without coverage; poor people
THE PERSUADERS explore the idea that Americans are seek an identity buying a brand.
Advertising is more about emotional messages than information. Explain.
Are we being manipulated by THE PERSUADERS? What are their techniques

Final Project and Class Calendar May-June

GROUP PRODUCT LAUNCH!!
Calendar of Events
Don’t forget to work on your UpDown, You are competing for points
Top 30%=300 middle 30%=250 bottom=225

Product Gallery Walk; Team Development
Part 1. Launch a new product or service
The Law of Name; the Law of Shape and Color; Law of Singularity; Law of Advertising; Law of Publicity; Law of the Word
Part 2. 5/7 Business plan Rough Draft 50
5/9 Business plan (see example: Stroll Net or Power point at NFTE 50
Part 3. 5/11 Brochure and pitch for your company and product 50
Part 5. 5/18 30-60 sec. pitch 50

Part 6. Advertising campaign
3 print ads 5/23 draft due; final draft due 5/25 50
6/3 UPDOWN CHECK for FINAL RANKING; Based upon your success/profit investing and the amount of investing you have done. (225, 250, 300 pts)
1 30-60 sec. commercial or BRANDED CONTENT VIDEO for the product or organization 6/3 100
PRESENTATIONS/LAUNCH PARTY!! 6/4
Extra Credit Essay Due 6/5 100 pts
FINAL EXAM; 6/7 200 pts;
Final Fails Due: 6/8

15 days of class until FINAL FAILS! Make every day count!

You will bring in three PRINT commercials for your product. Sketches are fine for
Monday. You will review them together.

Look on line...it is ok to imitate other's ideas when you are learning. We will talk about this further on Monday....WHEN I CAN TALK!!

Calendar for Business Project

Calendar of Events
Don’t forget to work on your UpDown, You are competing for points
Top 30%=300 middle 30%=250 bottom=225

Product Gallery Walk; Team Development
Part 1. Launch a new product or service
The Law of Name; the Law of Shape and Color; Law of Singularity; Law of Advertising; Law of Publicity; Law of the Word
Team Members: ____________ ______________ ___________ _________

Part 2. 5/7 Business plan Rough Draft 50
5/9 Business plan (see example: Stroll Net or Power point at NFTE 50

Part 3. 5/11 Brochure for your company and product 50
Part 4. 5/15 Focus Interviews (10) 50
Part 5. 5/18 30-60 sec. pitch 50

Part 6. Advertising campaign
3 print ads 5/23 draft due; final draft due 5/25 50
1 30-60 sec. commercial or BRANDED CONTENT VIDEO for the product or organization 6/3 100
PRESENTATIONS/LAUNCH PARTY!! 6/4

Business plan draft is due today by 8pm

If you still want to 'show what you know'....complete the draft by 8 pm and email to me.
Your FINAL DRAFT is due on WEDNESDAY before we go on the field trip to the
Ronald Reagan Museum---which I think you will really enjoy.

50 pts rough draft
50 pts final draft
100 total

Your 3 Business Ideas are Due! Period 2

Be ready to post and select your teams.

Name
Drawing
Description
Slogan

Your Next Best Thing: New Product Descriptions

Name, draw a picture, write a description, write a slogan
For
3 new product ideas

You will post this is class. I will give you 10pts for HW credit if completed and posted

Yep....homework this weekend...Creating DEMAND for a PRODUCT

HW: Start at p. 90

Look at each chart, read the caption, answer the question. Figure 4.1, 4.2, 4.3, Read p. 100, answer 1-2
Explain: elasticity of demand
and give 2 examples

30 days to Final Fails!! That's 6 weeks of school....to be or not to be a GRAD!!

Updown Assignment #2; type for posting

Assignment #2
Choose a stock. Read and review 3 news stories
Go the the Company Home Page (see ‘investors’) and add at least 3 more financial facts that are important to know.
Include the company logo, president, major players, and its history; quarterly report (profit or loss)
Make two arguments both FOR and AGAINST investing in this stock. Write your analysis Be able to recommend or not recommend to the class and explain.
Type and Priint out your STOCK REPORT!!

Analyze the Market using My Up Down

Analyze the Market using My Up Down
Assignment #1. Create an account and Portfolio
Look at Up or Down stock suggestions posted under STOCK ANALYSES
Read recommendations.
Look at Graph, COMPARE and record current and past prices over one month, 3 months, one year
Summarize a stock analysis by three UPDOWN PLAYERs.

For 3 Stocks you bought, Read the news stories that inform you about the reasons to buy or sell; SUMMARIZE 3 stories for each. Recommend or not to US tomorrow~

Who is your Corporate Idol? Why or why not?

Answer 3.3;
list advantages and disadvantages of a corporation.

HW: Read p. 67 …answer

Research an Entrepreneur—one page; include picture; product; logo; company motto/slogan
Describe: 1. How they developed their idea. 2. Their first efforts; success or failure? 3. What is their product? 4. How much are they worth? 5. What do you admire about them? What can we learn from them about success and failure in business (or life)?

QUIZ FRIDAY

QUIZ Friday! 100 points

A. Vocabulary/Define:
Capitalism=
Profit motive
Paradox of value-
Escalating expectations
0pportunity –cost
Financial capital
production capital
externalized costs
planned obsolescence,
perceived obsolescence
Entrepreneur
Consumer sovereignty=


B. Short Essay: explain each of the 7 goals of economy; list the 3 most important
C. Draw
1. The text book business cycle
2. The externalization of costs, etc.; ideas from “Story of Stuff”
D. What can you learn from:
George lucas—car accident was eye opening experience to take life seriously; life is short
Walt Disney----failed as filmmaker; cartoon artist led to Mickey Mouse

Movies Review---extra day for delivery!

Movie Review for Economics....You chose one...if you change, send me an email for approval
Welcome: Partners: CHoose a film, View the film at PBS, Netflix or Top Documentary or Youtube;
1. Take Notes for a Film Review
2. Focus on 5 important understandings about the economy or the company, present 2-3 ideas
3. What are the problems/causes; including government intervention or regulation/ or not!
4. mistakes/complications/bad decisions Connect all understandings to their relationship to the consumer
5. Each student will Write their own film review. 100 points

IOUSA: the 12 trillion dollar debt
In Debt We Trust Eduardo
Capitalism: A Love Story Sheila, Suze, Ruben
One Per Cent
The Corporation
Plunder: The Crime of Our Time
PBS Frontline: Inside the Meltdown Miguel
PBS Frontline: The Warning
Maxed Out = Credit Card crisis
The Secret History of the Credit Card
Overdose: The NExt Financial Crisis
Is Walmart Good for America? Christian,
Blue Gold: World Water Wars (bottled water)
CSNBS: Inside MacDonalds; Tracey, Natali,
Inside Target Edgardo
Inside American Airlines
Inside Nike kenneth, Cassie, Luis, Jose
Inside Google Yvette, Sam
Inside UFC Daniel, Sarkis, Khachik, Damien
Inside Cruise Inc.
Zeitgeist Jason

THE STORY OF STUFF.

See p. 15; the Circular Flow of Economic Activity; land + labor + capital = good and services; Copy and revise w/ Story of Stuff Information
ADD:
externalized costs,
Third world country
planned obsolescence,
perceived obsolescence
Draw the textbook model==insert new input from the movie;

HW:
Using the Summary; Do....Review the facts 1-10

IT's INVISIBLE!!!

Read Profiles in Economics Explain the ‘Invisible Hand’; laissez-faire;
answer 1,2
Read 19-21 Explain Trade offs, opportunity cost
Complete questions on Figure 1.5 and Economic Choices cartoon on 21

THE INVISIBLE HAND IS FOLLOWING YOU!! Beware!

THE INVISIBLE HAND IS FOLLOWING YOU!! Beware!
HW: Create a ‘pictoword’ for 5 concepts: Scarcity, Value, utility, wealth, Opportunity-cost, escalating expectations, goods, services, entrepreneurship, capital, factors of production, labor.

Read Profiles in Economics... Explain the ‘Invisible Hand’ and laissez-faire;
answer 1,2

Read 19-21 Explain Trade offs, opportunity cost
Complete questions on Figure 1.5 and Economic Choices cartoon on 21

Econ: Assessment after Paradox of Value...Why is a diamond (worthless stone) so valuable?

HW: Ch. 1 Sec. 2—Complete Assessment: 1,2,4,5,7

Economics: YOu can't Always get What you Want....

HW: Rewrite the Chart on p. 6; redesign
READ p 5-10. Answer 1-7.
HW: Chapter 1 Section 2. p. 12-13
Explain: Goods and services; value; Paradox of value, utility