{"id":1924,"date":"2025-01-06T15:18:24","date_gmt":"2025-01-06T15:18:24","guid":{"rendered":"https:\/\/blogs.vsb.bc.ca\/ptlee\/?p=1924"},"modified":"2025-01-06T15:18:24","modified_gmt":"2025-01-06T15:18:24","slug":"peps12-96","status":"publish","type":"post","link":"https:\/\/blogs.vsb.bc.ca\/ptlee\/2025\/01\/06\/peps12-96\/","title":{"rendered":"PEPS12"},"content":{"rendered":"<p>January 6 &#8211;&gt;end of semester January 27<\/p>\n<p>Wrap up of SELMA viewing:<br \/>\n&#8211; sharing of some points from BLOG Posts<\/p>\n<p>Entry into Economics Unit; PLUS \u2013 A look at North Korea (\u201c<a href=\"https:\/\/www.natgeotv.com\/za\/shows\/natgeo\/inside-north-koreas-dynasty\" target=\"_blank\" rel=\"noopener\"><em>Inside North Korea\u2019s Dynasty<\/em><\/a>\u201d or \u201c<em><a href=\"https:\/\/www.youtube.com\/watch?v=9qRxNYuR2c4\" target=\"_blank\" rel=\"noopener\">Dictator\u2019s Dilemma<\/a><\/em>\u201c)<\/p>\n<ul>\n<li>Set up discussion\/roundtable on Wage Initiatives:\n<ul>\n<li><strong>Minimum Wage vs. Living Wage vs. Universal Basic Income<\/strong><\/li>\n<\/ul>\n<\/li>\n<li>Macro vs Micro Economics\n<ul>\n<li>Vocabulary:\u00a0 In notes (must know bolded terms below)\n<ul>\n<li>Economics\n<ul>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=3ez10ADR_gM&amp;list=RDLV3ez10ADR_gM&amp;start_radio=1&amp;rv=3ez10ADR_gM&amp;t=202\" target=\"_blank\" rel=\"noopener noreferrer\">Crash Course video<\/a>\n<ul>\n<li>Examples of personal choice &amp; economics<\/li>\n<\/ul>\n<\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=B43YEW2FvDs&amp;list=PL8dPuuaLjXtPNZwz5_o_5uirJ8gQXnhEO&amp;index=4\" target=\"_blank\" rel=\"noopener\">Economics &amp; Macroeconomics<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=g9aDizJpd_s&amp;list=PL8dPuuaLjXtPNZwz5_o_5uirJ8gQXnhEO&amp;index=5\" target=\"_blank\" rel=\"noopener\">Supply &amp; Demand<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=d8uTB5XorBw&amp;list=PL8dPuuaLjXtPNZwz5_o_5uirJ8gQXnhEO&amp;index=6\" target=\"_blank\" rel=\"noopener\">Macroeconomics<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=T8-85cZRI9o&amp;list=PL8dPuuaLjXtPNZwz5_o_5uirJ8gQXnhEO&amp;index=8\" target=\"_blank\" rel=\"noopener\">Inflation Bubbles and Tulips<\/a><\/li>\n<\/ul>\n<\/li>\n<li><strong>Macroeconomics vs. Microeconomics<\/strong>\u00a0definitions<\/li>\n<li><strong>Command Economy, Market Economy, Mixed Economy, Traditional Economy<\/strong>\n<ul>\n<li>provide examples<\/li>\n<\/ul>\n<\/li>\n<li><strong>Resource<\/strong><\/li>\n<li><strong>Opportunity cost<\/strong><\/li>\n<li><strong>Factors of production<\/strong><\/li>\n<li><strong>Household<\/strong><\/li>\n<li><strong>Markets<\/strong>\n<ul>\n<li>for goods and services<\/li>\n<li>factor markets<\/li>\n<\/ul>\n<\/li>\n<li><strong>Supply Chain<\/strong><\/li>\n<li><strong>Economies of Scale<\/strong><\/li>\n<li><strong>&#8220;Trickle Down Economics&#8221; (has it worked?)<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong>ASSIGNMENT<\/strong> (due week of January 13) Create a FLOW CHART of:\n<ul>\n<li>a product that you use\/consume that is\u00a0<strong>subject to supply chain issues<\/strong>\n<ul>\n<li>include place of origin of manufacturing, factors of production, path to market\/household<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>BLOG POST<\/strong>:\n<ul>\n<li>an example of a\u00a0<strong>personal choice and economics<\/strong>\u00a0(refer to Crash Course video listed above)<\/li>\n<li><strong>Due Jan 10 (post and ready to discuss)<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong>OPTIONAL BLOG POST (post by week of January 29):<\/strong>\u00a0 \u201cIs it time for a re-set in our Economic system?\u201d\n<ul>\n<li>In reference to at least ONE of the articles below, what are your thoughts\/opinions?<\/li>\n<li>Due \u2013 post by no later than Monday Jan 27\n<ul>\n<li>Article:\u00a0<a href=\"https:\/\/www.cbsnews.com\/news\/ray-dalio-capitalism-needs-reform-wealth-inequality-is-a-national-emergency-60-minutes\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u201cCapitalism Needs Reform\u201d<\/a><\/li>\n<li>Article:\u00a0<a href=\"https:\/\/www.cbc.ca\/amp\/1.5976437?__twitter_impression=true\" target=\"_blank\" rel=\"noopener noreferrer\">\u201c\u2026make Global Corporations pay their fair share \u2026?\u201d<\/a><\/li>\n<li>Education &amp; Wealth\n<ul>\n<li>Article:\u00a0<a href=\"https:\/\/www.cbsnews.com\/news\/tuition-free-medical-school-how-the-nyu-school-of-medicine-is-going-tuition-free-60-minutes\/\" target=\"_blank\" rel=\"noopener noreferrer\">A Tuition Free Medical School<\/a><\/li>\n<li>Video &amp; Article:\u00a0<a href=\"https:\/\/www.cbsnews.com\/news\/hope-chicago-free-college-students-parents-60-minutes-2022-05-22\/?ftag=CNM-00-10aab7d&amp;linkId=166216162\" target=\"_blank\" rel=\"noopener noreferrer\">\u201cHope Chicago: Sending HS Students to College for Free \u2026\u201d<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>Roundtable Debate \u2013 Minimum Wage vs Living Wage vs Universal Basic Income January 23<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>January 6 &#8211;&gt;end of semester January 27<\/p>\n<p>Wrap up of SELMA viewing: &#8211; sharing of some points from BLOG Posts<\/p>\n<p>Entry into Economics Unit; PLUS \u2013 A look at North Korea (\u201cInside North Korea\u2019s Dynasty\u201d or \u201cDictator\u2019s Dilemma\u201c)<\/p>\n<p> Set up discussion\/roundtable on Wage Initiatives: Minimum Wage vs. Living Wage vs. Universal Basic Income Macro vs [&#8230;]<\/p>\n","protected":false},"author":224,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[22],"class_list":["post-1924","post","type-post","status-publish","format-standard","hentry","category-peps12","tag-peps12","odd"],"_links":{"self":[{"href":"https:\/\/blogs.vsb.bc.ca\/ptlee\/wp-json\/wp\/v2\/posts\/1924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.vsb.bc.ca\/ptlee\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.vsb.bc.ca\/ptlee\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.vsb.bc.ca\/ptlee\/wp-json\/wp\/v2\/users\/224"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.vsb.bc.ca\/ptlee\/wp-json\/wp\/v2\/comments?post=1924"}],"version-history":[{"count":1,"href":"https:\/\/blogs.vsb.bc.ca\/ptlee\/wp-json\/wp\/v2\/posts\/1924\/revisions"}],"predecessor-version":[{"id":1925,"href":"https:\/\/blogs.vsb.bc.ca\/ptlee\/wp-json\/wp\/v2\/posts\/1924\/revisions\/1925"}],"wp:attachment":[{"href":"https:\/\/blogs.vsb.bc.ca\/ptlee\/wp-json\/wp\/v2\/media?parent=1924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.vsb.bc.ca\/ptlee\/wp-json\/wp\/v2\/categories?post=1924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.vsb.bc.ca\/ptlee\/wp-json\/wp\/v2\/tags?post=1924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}