1 Bring in your secret Santa gifts and I’ll lock them up and store them for you. What will we learn today? What will we learn today? Labor unions, procedures, benefits for their members, effects of unionizations, the minimum wages, and unemployment insurance Explain the effects of international mobility of capital and labor on the U.S. economy Significance of unemployment rate, new jobs created monthly, inflation and deflation, and rate of economic growth. Unit: Economic Challenges Day 5 How has unemployment affected your life? Do you know anyone who has lost their job? Is unemployment only the problem of the person looking for the job? Who else’s problem is it?

Assignment 13: Ch. 11 Phocabulary 1. Investment (pg. 271), 2. Diversification (pg. 273), 3. Portfolio (pg. 274), 4. Share (285), 5. Capital gain (286), 6. Capital loss (286), 7. Stockbroker (286), 8. Brokerage firms (287), 9. Bear market (290), 10. Bull market (290), 11. Great Crash (290) 2

The Econ Song Take a information from a chapter of the book and convert the information into the beat of your favorite song. You are basically re-teaching your assigned chapter, so you need to be informative. That being said: have fun with this and be comfortable! The basics: - groups no bigger than two or three (people absent on presentation day affect your grade) - choose your chapter from a list provided by me - figure out what song you want to use - take a look at your chapter and start turning the info into notes / song - presentation works best in video form, but I’m willing to accept live performances - anything inappropriate or use of bad language will result in an F on the project. Seriously. 3

Chapters Ch. 1: What is Economics? Ch. 2: Economic Systems Ch. 3: American Free Enterprise Ch. 4: Demand Ch. 5: Supply Ch. 6: Prices Ch. 7: Market Structures Ch. 8: Business Organizations Ch. 9: Labor Ch. 10: Money and Banking Ch. 11: Financial Markets 4