Economics~ Create a Business Project Part I. 8/30/13

Create a Business Project

Task

You and others in the class will be creating a realistic, appropriate business proposal that will represent the various business organizations that exist in society today. 

Procedures and Requirements

Choose your group, which should range from one to two based on your business organization: sole proprietor (1) or partnership (2)

1. You have access to a $10,000 startup loan from the bank for sole proprietors, $15,000 for partnerships or corporations*
2. Create a Power Point to introduce your company’s business plan (should be a visual representation of the business plan).

Business Plan

1.       General Company Description

a.       List the name of your company

b.      List the slogan of your company (i.e. Publix “where shopping is a pleasure”)

c.       List the owner’s names

d.      What will be your business type: sole proprietorship, partnership, corporation
2.       Products and Services

a.       Describe the type of business you are planning (service, restaurant, multimedia production, wedding planner, etc.), what business will you be in, what will you do?

b.      Describe your products/services.

c.    Create a sample list of price points for your products or services (you may need to research existing companies).

3.       Business Philosophy

a.       Create a mission statement (a formal, short, written statement of the purpose of a company or organization).

               i.      McDonalds - "To provide the fast food customer food prepared in the same high-quality manner world-wide that is tasty, reasonably-priced & delivered consistently in a low-key décor and friendly atmosphere."

             ii.      Courtyard by Marriott - "To provide economy and quality minded travelers with a premier, moderate priced lodging facility which is consistently perceived as clean, comfortable, well-maintained, and attractive, staffed by friendly, attentive and efficient people"

b.      What image do you want to project? How do you want customers to see you?

c.       Describe the benefits of your company. That is, what will your products/services do for the customer?

d.      What factors will give you competitive advantages or disadvantages? (i.e. level of quality or unique features)

e.      Why do you believe your business concept will work?

Economics~ Bell Ringer 8/30/2013

Read the quote below. Next make an inference on what the meaning of the quote. Lastly, brief reflection discussing whether or not you agree with the quote. (Minimum 100 words)

"Money is the sign of liberty. To curse money is to curse liberty--to curse life, which is nothing, if it be not free." --de Gourmont

Welcome to Open House

Welcome to Open House 2013 Pearl Cohn Family!!!

To the Parents:

Welcome back to a new school year at Pearl Cohn Entertainment Magnet High School. My name is Mr. Sean Bethune and I will be your child’s teacher in Economics and Government this year. I’m a veteran teacher, with 6 years at the high school level and I’ve been at this school since March of 2013.

I’m eager to get started with this new year and with this great group of terrific students. I am confident that together we’ll have a fun and productive year.

I intend to make learning a positive experience for your child and ask that you help me by supporting your child at home. If you have any questions or concerns, please contact me.  

Thank you so much for all your help. Let’s have a great year together!

Sincerely,

Sean Bethune

Phone: (615) 329-8150 ext. 1219

Email: swbethune@mnps.org

Website: mrbpearlcohnblogspot.com 

Government~ August 29, 2013 ~ Bell Ringer

Bell Ringer

Select and read one quote below. Next draw an inference on what the meaning is for the quote. Lastly, brief reflection discussing whether or not you agree with the quote. (Minimum 100 words)

If the machine of government is of such a nature that it requires you to be the agent of injustice to another, then, I say, break the law.

Henry David Thoreau 

Democracy is a device that insures we shall be governed no better than we deserve.

George Bernard Shaw 

Economics~ 8/27/13~ Possibilities Frontier/Curve Bell Ringer

Possibilities Frontier/Curve Bell Ringer 

Follow the directions the below:

1. Look up the production possibilities frontier/ curve in the book. (g 18-19)

2. Draw your own unique version of a possibilities frontier/curve and illustrate opportunity cost. (It should be shown in two places on the graph). Use Color. 

3. Write a couple of sentences explaining

      a. How does possibilities frontier/curve work?

      b. How does it visually demonstrates opportunity cost?

Government~ 8/27/13 Classwork Mini Project

Types of Government Presentation

After reading chapter 1 section 3, your group (up to 4)  will make a poster about the Lord of the Flies while applying a government system to it. This is designed to explain four types of governments and to display your ability to make connections with real world examples.  Include the following on your poster:

• The definition of the type of government
• A description of how power is passed to the next leader
• A description of how the leader or leaders in this type of government would make the decision you are assigned
• An illustration
• A written narrative describing the events the Lord of the Flies while applying your governmental system? Must include the main characters and use key governmental concepts (minimum of 200 Words )
• Create a poem that a Lord of the Flies survivor would write if they were alive on your island under your governmental system. (must use 5 governmental terms)

You should make your poster colorful, creative and neat.  Writing must be legible, all words must be spelled correctly and all sentences must be complete and should vary in structure.

Area	Points Possible	Points Earned
Visual Appeal ·          Neat (no taped edges, wrinkles, smudges) ·          Colorful ·          Creative illustration	5
Narrative Content ·          Correctly defined types of government ·          Accurately describes how power is passed to the next leader ·          Description of how decisions are made is accurate	10
Spelling and Mechanics ·          All words are spelled correctly ·          All sentences are complete ·          Sentences vary in structure	5
Poem ·          Key terms ·          Effort ·          Creativity	5
Presentation  ·          Body language ·          Eye contact ·          Poise ·          Enthusiasm ·          Clarity	5
	Total	Out of 25

Government ~ Bell Ringer ~8/27/13

Lord of the Flies 

After watching the Lord of the Flies, describe the social contract on the island the boys had. Also, explain the differences of survivors' social contract to the social contract concepts of Thomas Hobbes and John Locke. Please use your books and notes as a reference. (100 word min.)  

Economics~ Bell Ringer 8/26/2013

Economic Journal

On a sheet of paper, write down a journal entry discussing any trade-offs and opportunity costs that you have experienced over this past weekend? (100 word min.)  Please use your notes and class book for a reference guide. 

Economics 8/22/13~ Group Work:Trade offs in Nashville

Economic Trade offs 

Directions: In groups, complete the following chart and questions. 

Based on the information provided about the new Nashville Sounds Stadium, what is an inferred impact if this proposal passes ? (Think Trade offs. Think Immediate Satisfaction, Long Term Benefits, Entertaining, Immediate Financial Benefits, Necessary for Long-term success) 

Information:
http://www.newschannel5.com/story/23223625/new-ballpark-for-nashville-sounds-in-the-works

NASHVILLE, Tenn. –  Plans are underway to build a new $40 million ballpark for the Nashville Sounds baseball team.

The new facility would replace the 36-year-old Greer Stadium where the Sounds currently play.

"Oh the Sounds, we're just very thrilled about the opportunities that Sulphur Dell presents. It's very exciting," said Sounds attorney John Triggs.

Mayor Karl Dean's office confirmed Wednesday afternoon city leaders are exploring the possibility of acquiring land from the state to build the ballpark on the old Sulphur Dell site.

The land runs from Jackson Street, to the railroad tracks, and between 3rd and 5th Avenues, just down from Jefferson Street.

Sulphur Dell once served as the home for the minor league team the Nashville Vols back in the early 1900s.  The ballpark was located north of downtown between, Fourth and Fifth Avenue near Jefferson street.

The old ballpark was torn down in 1969 and now serves as a parking lot for state workers.

In an email to NewsChannel 5 the Mayor's office wrote, " This is a first step in a process that is simply an effort to explore the possibilities of acquiring land from the state. Those conversations have been productive, and officials and staff at the state have been great to work with."

"But the biggest hurdle is for the city and state to come to an understanding, and if they can, I think everything else starts to fall in place, it becomes much easier. That's why we're sort of on hold right now, just waiting to see if they can get it done," Triggs said.

They mayor's office went on to say that a new baseball stadium needs to be a public-private partnership that makes sense for Nashville taxpayers.

Included in the ballpark plans is a $10 million dollar parking garage. The current goal is to have the park open in time for the 2015 season.

"I think the exciting thing is the opportunity for the city, the state and the Sounds to have a partnership and make this happen. That's the way it should be, and I think that's what will make it happen if it does," according to Triggs.

The mayor's office said they will share more details about the plan when they are available.

Back in 2011, a study was done comparing three possible ballpark sites around town. You can find the results of that study here.

Chart: 

For Stadium  (10 Reasons)	Against Stadium (10 Reasons)
1. 2. 3. 4. 5. 6. 7. 8. 9. 10.	1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

Questions: 

Write a one hundred word assessment if your table would vote for or against this proposal?

Government~ Class Work: Lord of the Flies Film Review 8/21/13

Government

Lord of the Flies Video Worksheet

PART A: Fill out the following while watching the video.

1. How many adults made it to the island?
2. What happens when the conch is blown?
3. Name two rules created in the assembly.
4. Who is the leader? How do they determine this?
5. What problems do the boys have in the beginning? What solution do they create for these problems?
6. Make notes on both Jack and Ralph’s camps.
7. Why does Jack cut off the pig’s head?
8. What happens when Ralph and Piggy go to Jack’s camp?
9. What does Simon find?
10. What happens to Simon?
11. Why does Jack’s tribe raid Ralph and Piggy’s tribe?
12. How does Jack keep people in his tribe?
13. What happens to Piggy?
14. What happens to Ralph?

PART B: Fill out the following after watching the video. This portion should be completed in full sentences!

1.       Describe the social contract the boy’s on the island agree to in the beginning

2.       What are the costs and benefits of the contract?

3.       Describe the hierarchy on the island at the first meeting. Describe the hierarchy on the island at the end. What factors caused it to change?

4.       For Jack and Ralph complete the following questions a.Use Adjective to describe them as leaders b.How should force be used? c.Goals of society d.How do they solve conflict? e.What social organization did they create?

5.       If the boy’s had not been rescued what problems would they face? Could Jack solve these problems?

Economics~ Classwork 8/20/13

Content Building for Chapter 1

1. Define these terms:

• Incentives 
• Utility 
• Opportunity Cost 
• Cost Benefit Analysis 
• Marginal Cost 
• Marginal Benefit

2. What is the difference between a trade-off and an opportunity cost?
3. Explain the relationship of marginal cost and marginal benefit?
4. Consider the following scenario:

Your family is taking week long summer vacation at a cabin in the mountains next to a lake. You have been able to get time off work at the job where you normally work 40-hours a week at $12 per hour. Your parents are paying $1,500 for the cabin rental and each child will pay $200 for food and other related costs. You currently have your own rented apartment with a monthly rent of $300 and typically pay $75 per week for food. The travel cost to get to the cabin and back will cost you $50 more than your usual weekly travel expenses.

What is your marginal costs of the summer vacation?

What is your marginal benefit of the summer vacation?

Economics ~ Online Text Chapters 1-3

Here is an online text covering chapters 1 through 3 for our economics course:

Version One 

• http://www.tulelake.k12.ca.us/THS/Teachers/mhartung/CLASSES/ECONOMICS/Student_Edition_Text/support/PDF/docs/chap01.pdf
• http://www.tulelake.k12.ca.us/THS/Teachers/mhartung/CLASSES/ECONOMICS/Student_Edition_Text/support/PDF/docs/chap02.pdf
• http://www.tulelake.k12.ca.us/THS/Teachers/mhartung/CLASSES/ECONOMICS/Student_Edition_Text/support/PDF/docs/chap03.pdf

Version Two 

• https://www.etsu.edu/coe/uschool/faculty/campbell/economics/chap01.pdf
• https://www.etsu.edu/coe/uschool/faculty/campbell/economics/chap02.pdf
• https://www.etsu.edu/coe/uschool/faculty/campbell/economics/chap03.pdf

Government~ Class Work 8/19/13

Complete the following assignment today.

1.                  Explain the features of the state pg 7-8

              ·         Population

              ·         Territory

              ·         Sovereignty

              ·         Government  

2.                  Key terms pg 12 & 18

3.                  Pg 17 #1

4.                  Pg 24 # 4 

Government ~ Quiz #1 Part II

Bell Ringer 

Using your class notes, class books, and online text book, create three quiz questions based on the I can statements found on the whiteboard.

Must be complete on my desk by:

• 1a- 7:21 AM
• 2a- 9:20 AM 
• 4a- 12:55 AM

**Government** Online Version of Chapters 1-3

Chapter 1
http://www.glencoe.com/sec/socialstudies/ose/usgovdia/2006/docs/ch01.pdf
Chapter 2
http://www.glencoe.com/sec/socialstudies/ose/usgovdia/2006/docs/ch02.pdf
Chapter 3
http://www.glencoe.com/sec/socialstudies/ose/usgovdia/2006/docs/ch03.pdf

Government **Quiz # 1 Thursday, August 15, 2013**

This quiz will check your understanding over the following topics 

• Four main purposes of government 
• Four theories of government 
• Compare & contrast social contract theory of John Locke and Thomas Hobbes    

Government: Classwork August 9,2013 **Due 8/13/13**

Principles of Government

Chapter 1: Section 1

Important Terms

1.      Define: state, nation, nation-state, consensus, sovereignty, government, social contract

2.      Identify the four purposes of government and provide an example of each. (think ESPN)  

Short Answer (Minimum two sentences)

3.      What is the difference between a nation and a state?

4.      In what two ways does population impact a state?

5.      List three ways government might influence economy?

Essay (Minimum 100 words)

6.      In your opinion, which theory is the USA government based on? Why?  Support your views with evidence.  

Economics Chapter 1 Section 1 Make up Assignment for August 8,2013

On sheet of paper answer these questions. 

CHAPTER 1 – What is Economics? 

During the holiday season of 1996, a children's toy appeared on Good Morning America. The toy, produced by Mattel, had sat on the shelves with very little sales until it appeared on the show. After the toys appearance, its popularity improved and it became the most sought after product of the holiday season. Unfortunately, Mattel did not anticipate the doll’s popularity, only producing 400,000 units, and were not able provide the product in a timely manner at the store level (over 1,000,000 were in demand).

        1.       List the problem that each of the following faced:

      A.      The Consumers (You and I) 

      B.      The Producer (Mattel) 

      C.      The Stores (Babies R Us) 

2.       Scarcity – is the fundamental problem facing who?

3.       List three things that you feel are scarce in your life, what has caused them to become scarce?

4.       What is Economics?

5.       Define Need  

a.       Provide three examples

6.       Define Want

a.       Provide three examples

7.       List three questions about scarcity? 

**First Economics Quiz** Friday, August 16, 2013

Be able to answer these questions: 

• Describe how scarcity affects everyone.
• List three economic questions that societies face because of scarcity.
• Describe the four factors of production and explain how they are used. 

Economics & Government Course Syllabus

https://docs.google.com/file/d/0B8K1ltabwEPHR1o0cVM4VXpjRW8/edit?usp=sharing

What about my grade?

Grade Distribution by Category

• 40% Formative Assessments (Bell Ringers, Classwork, Projects)
• 50% Summative Assessments (Quizzes, and Tests)
• 10% Employability Skills  (Tardy, Sleeping in class, Electronic device out at inappropriate time, Talking when instructor has the floor, Not using allowed time wisely to complete class assignments, Displaying disrespectful behavior/language towards classmates or instructor, Not actively participating/contributing in group activities or projects,Not putting books/supplies away at end of class, and Leaving trash or food/drinks in the classroom) 

Grades Procedures

***Extra credit is very rare in this class. It is never given on an individual basis, although it might as a class-wide opportunity. Please do not plan on it, and please do not ask for it. Grades are earned, not assigned. Whatever numerical average the Gradespeed software assigns is what will appear on the report card. ***

Grading Policy

A=           93-100                   Mastery                                           (5)

B=           85-92                     Proficient                                         (4)

C=           77-84                     Average                                           (3)

D=           70-76                     Need Improvement                           (2)

F=            0-69                      No Mastery                                      (0)

What do you need in order to be successful in this course?

Student Materials

1. Three -Ring Binder

2. Loose-leaf notebook paper

3. Blue or black pens

4. Creation of a professional Gmail account

What are the classroom rules & procedures?

Classroom Rules

*** The rules and expectations will not be lowered to meet the wants of individual students; rather, individual students will need to rise to meet the expectations of the class***

1. No food or drink. This includes candy, as well as drink cups from outside vendors. Bottled water, however, is welcome.

2. Tardies are strictly enforced for students and teacher. On time means in the doorway when the bell rings. If a class abuses this by running into class or taking too long to find seats, policy will quickly be amended to being in seat when bell rings.

3. No cell phones or portable music devices are to be seen once class begins. When devices are confiscated, they may be picked up in the principal’s office per school policy. Refusal to give up cell phone is automatic OSS.

4. Please do not plug phones into classroom outlets.

5. No running or horseplay in class. Keep your hands and feet to yourselves.

6. Profanity is prohibited.

7. No sleeping.

Class Procedures

1.       Students will enter quietly.

2.       Students will attend class prepared with required materials

a.       The teacher is under no obligation to loan pencils, paper, books, etc.

3.       Students will complete assigned bell ringer

4.       Attendance will be taken

a.       Excused absences are the cause of most failures to obtain credit. It is your responsibility to schedule a meeting to obtain makeup work. Only excused absences are guaranteed makeup work

5.       Students will be engaged in class activity, where sharing concepts and ideas are encouraged

6.       Each class will provide have offer a graded  academic assessment

a.       Please do not copy assignments that are meant to be individually done. Credit will be withheld from both copiers and copyees.

b.       Work not turned in on time will be assessed a 25% penalty for one day late, 50% for two days late. Work will not be accepted after two days

c.       It is YOUR responsibility to keep up with your grade via Gradespeed. Let me know ASAP if there is a grade missing or an incorrect grade. Be prepared to show me the missing assignment; keeping your notebook intact and up to date helps you with this.