Oct 31, 2011
Oct 29, 2011
Oct 28, 2011
Great graphic from the Economist that shows how many Americans have drastically changed their spending habits since the economy decided to dive deeply into the gutter. On the one hand, processed vegetable producers must be absolutely thrilled with the direction of the economy, while on the other hand, manufacturers of new cars and trucks must be feeling rather numb.
One silver lining of a rotten economy...spending on tobacco products has dropped significantly. A silver lining to everyone but tobacco producers that is.
Oct 26, 2011
The fall 2011 Stock Market Game is going strong and we have some students getting the job done.
1st- Mountain View High @ $168,813.00
2nd- South Central Middle @ $160,333.00
3rd- Parkview High @ $150,721.00
Updates to follow...
Oct 18, 2011
Oct 17, 2011
Save! Save! Save! Pay off that debt! Pay off that debt! Pay off that debt!....until of course the economy freezes up because nobody is spending.
Ahhh, what to do? Economics can sometimes be a confusing mess.
Oct 12, 2011
While out and about doing workshops Econblog #1 has been fielding more and more questions about China from teachers concerned with a number of things China-related. Specifically, teachers are asking when China is finally going to own the entire United States of America. The usual Econblog #1 response to this line of questioning...Fear not brave teachers, China has a long way to go before they own your school, your car, your pet dog Larry.
Yes, China is growing rather quickly and they are investing more and more in the United States. But you know what? They don't just have eyes for us. They are in fact investing heavily in many parts of the world. Don't believe me? Take a look at this.
Oct 11, 2011
Oct 10, 2011
Oct 7, 2011
Oct 4, 2011
Each week the NFL seems to get bigger and bigger. Bigger crowds, bigger players, bigger salaries, bigger injuries and bigger surprises. Bigger is better right? It is if you happen to be lucky enough to own a team or a parking lot next to an NFL stadium or a restaurant that serves up game day staples.
Thanks to Newsweek you now have the opportunity to share some interesting facts and figures with your students. $75.00 to park at a Cowboys game? $13.00 for a hot dog at a Lions game? $2.8 million for a 30-second Super Bowl ad? I should have bought the Falcons when I had the chance.
Oct 3, 2011
And they're off! Today we begin the Stock Market Game simulation...fall 2011 version. Over the course of the next ten weeks students and teachers from all over the state will invest a hypothetical $100,000 in stocks, bonds and/or mutual funds to see who can create the largest portfolio.
Best of luck to the 4,000+ teams participating in the simulation.