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Bret Willhoit

PBS Teachers | Access, Analyze, Act: From Economic Theory to Financial Reality - 9 views

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    Great group of lesson plans, resources, and even widgets for a blog/wiki.
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    FYI---Link appears to be broken...:(
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    This is the working link - http://www.pbs.org/teachers/access-analyze-act-economy/ I don't know what happened the first time around. Thanks for letting me know Gene
Tim Woods

Tim Woods' IB Economics Site - 7 views

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    This is my own site that I've made for my students. It contains links to good resources (videos, flash lessons, etc.) that they can use to supplement their in-class learning and the homework I give them. The resources are all student-friendly and grouped according to the IB units.
Bret Willhoit

Podcast: In The Classroom - Planet Money Blog : NPR - 2 views

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    I love NPR's Planet Money. I try to listen to every episode, usually on my way to school in the morning. I is not at all unusual for me to use the very podcast I listened to on the way in during that day's class! All econ teachers should be listening to Planet Money (no, like economics, it is NOT only about money!)
Jason Welker

YouTube - ACDCLeadership's Channel - 8 views

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    This AP Econ teacher from San Diego has some excellent review videos, "Economics in 60 Seconds" on his YouTube page. Check it out! "Mr. Clifford and ACDC Leadership is dedicated to creating interactive programs, lessons, and activities that make learning exciting."
Jason Welker

Knowledge Learning Corporation | Child Care & Education Services - 3 views

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    I've always thought about how great it would be to teach Economics from my ski cabin in the mountains of Northern Idaho... perhaps teaching AP Econ online would be the way to go! Here's the deal: "Are you looking for a great opportunity, a rewarding career, or the chance to make a difference? KC Distance Learning is hiring NCLB Highly Qualified High School certificated teachers to fill positions across the country. We currently have part-time and full-time positions available for qualified teachers who want to work from their home.  Working at KCDL you will enjoy a flexible work environment, utilize the latest distance learning and communications technology, and, best of all, you can help students from all walks of life achieve their individual potential."
Jason Welker

Life on Severance: Comfort, Then Crisis - WSJ.com - 1 views

  • The family recently vacationed in Virginia Beach, Va., and likes to dine on Porterhouse steaks. Since losing his job, Mr. Joegriner, 44 years old, has had several offers. He's turned each down in hopes of landing a position comparable to what he held before.
    • Jason Welker
       
      Unemployed Americans unwilling to accept lower wage jobs! This sounds like evidence of the "sticky wages" Keynesian observed in his arguments for fiscal stimulus!
  • Mr. Joegriner is a member of what might be called the severance economy -- unemployed Americans who use severance pay and savings to maintain their lifestyles. Many lost their jobs in 2007 and 2008, and thought they'd soon find work. Now, they're getting desperate.
    • Jason Welker
       
      I bet these people just wish they had taken that good offer a year ago. Finance people laid off during this recession must have an artificially inflated view of their own value in the labor market: over-inflated like the assets they had dealt in!
  • Last week, lawmakers passed a bill extending unemployment benefits up to 20 weeks. Unemployment benefits, which typically last about 26 weeks, were expected to run out for 1.3 million people by the end of the year, according to the National Employment Law Project.
    • Jason Welker
       
      Extending unemployment benefits, while it is a NICE thing to do, only increases the downwardly inflexible nature of wages.
  • ...3 more annotations...
  • The dramatic changes in such sectors mean that many of the eliminated jobs will never come back. Some workers may suffer a permanent hit to their standard of living.
    • Jason Welker
       
      Why won't certain jobs ever return to the US economy? Is it at least partially BECAUSE American workers are so unwilling to accept lower wages?
  • When Michelle Patterson was laid off as an executive director of marketing for a publishing company in January, she figured she could subsist comfortably, at least for a while, on the $20,000 she had reserved from her savings and severance combined.
  • She spent as much as $250 a week on networking meals and drinks with contacts. Some days, she scheduled up to four coffee meetings a day, picking up the tab most of the time. She also spent $30 a month for pedicures and $150 on her hair.
    • Jason Welker
       
      You've got to be kidding me! This is what our world has come to. Unemployed Americans, delusional about their own worth, spending $180 a week on what, mani-pedis?
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    Things are scary out there for the unemployed in America! This article tells some sad stories of opportunities lost and next eggs blown! It also illustrates a key concept from AP and IB Economics: the theory of sticky wages and prices, at the heart of Keynesian macroeconomics. 
Walter Antoniotti

Collection of brief studies for economics, history, civivs - 2 views

http://www.textbooksfree.org/Political%20Economy%20Book%20Summaries.htm

learning politics information history government civics economics

started by Walter Antoniotti on 21 Nov 15 no follow-up yet
Walter Antoniotti

Modern Western Civilization Economic History - 0 views

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    One-Page handout for For Use in History Classes
matthew_nogrady

Globalization101.org | globalization | globalisation | what is globalization | globaliz... - 0 views

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    Globalization101.org: a resource to learn about the trade-offs and dilemmas of globalization Globalization refers to "the compression of the world and the intensification of consciousness of the world as a whole" (R. Robertson, Globalization, 1992: 8)
matthew_nogrady

On the Wrong Side of Globalization - NYTimes.com - 0 views

  • In general, trade deals today are markedly different from those made in the decades following World War II, when negotiations focused on lowering tariffs.
  • Today, the purpose of trade agreements is different. Tariffs around the world are already low. The focus has shifted to “nontariff barriers,” and the most important of these — for the corporate interests pushing agreements — are regulations. Huge multinational corporations complain that inconsistent regulations make business costly. But most of the regulations, even if they are imperfect, are there for a reason: to protect workers, consumers, the economy and the environment.
  • recent trade agreements are reminiscent of the Opium Wars, in which Western powers successfully demanded that China keep itself open to opium because they saw it as vital in correcting what otherwise would be a large trade imbalance.
ankitamukherjee

Public Goods and Common Resources - 0 views

Provide an economic explanation why there is often litter along highways but rarely in peoples yards?

microeconomics

started by ankitamukherjee on 07 Jul 15 no follow-up yet
ankitamukherjee

Public Goods and Common Resources - 0 views

Provide an economic explanation why there is often litter along highways but rarely in peoples yards?

microeconomics

started by ankitamukherjee on 07 Jul 15 no follow-up yet
Jason Welker

Nouriel Roubini - What America needs is a payroll tax cut - 2 views

  • The administration knows that it needs to fashion a revenue-neutral fiscal stimulus that increases labor demand and consumption. Its proposal to make permanent a research and development tax credit that dates to the 1980s, and then to enact a temporary investment tax credit allowing firms to write down capital investments at 100 percent of cost, are welcome -- but too modest a cure for what ails the economy. A much better option is for the administration to reduce the payroll tax for two years. The reduced labor costs would lead employers to hire more; for employees, the increased take-home pay would boost much-needed economic consumption and advance the still-crucial process of deleveraging households (paying down credit card debt and other legacies of the easy-credit years).
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    Roubini says cut payroll tax to relieve households and encourage hiring.
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