PEPS12

May 24-27

• Debrief debate on Wage Initiatives
• Macro vs Micro Economics
  • Vocabulary:  In notes (later on blog post by Monday May 30)
    • Economics
      • Crash Course video
      • Examples of personal choice & economics
    • Macroeconomics vs. Microeconomics
    • Command Economy, Market Economy, Mixed Economy, Traditional Economy
      • provide examples
    • Resource
    • Opportunity cost
    • Factors of production
    • Household
    • Markets
      • for goods and services
      • factor markets
    • Supply Chain
    • Economies of Scale
  • ASSIGNMENT 8: Create a powerpoint or infographic presentation on the following:
    • an example of a personal choice and economics (refer to Crash Course video listed above)
    • the different types of economies (listed above)
    • a product that you use/consume that is subject to supply chain issues
      • include place of origin of manufacturing, factors of production, path to market/household
    • Due June 1
  • Article: “Capitalism Needs Reform”
  • Article: “…make Global Corporations pay their fair share …?”
  • Education & Wealth
    • Article: A Tuition Free Medical School
    • Video & Article: “Hope Chicago: Sending HS Students to College for Free …”
  • BLOG POST:  “Is it time for a re-set in our Economic system?”
    • In reference to at least ONE of the articles above, what are your thoughts/opinions?
    • Due – post by Friday June 3