Class,
I will be available until 9:30 PM if you have any questions regarding Chapter 5.
Mr. Brannick
Thursday, January 8, 2009
Tuesday, December 16, 2008
ABC News article
Class,
We've talked about your age group and the technological advantages you possess. While this article was published just over a year ago, it is an example of the new technological advances in our society. I would like you to respond and let me know your thoughts on the article and how it relates to our topic of Supply and Demand.
Do you feel Amie Street, from the producer's point of view, is doing the correct thing by pricing the music by demand or popularity?
How do you feel, as a consumer, by the pricing strategy of Amie Street? Is it fair?
What is so impressive about the founders of the company?
Is this company still in business? Is so, what do you feel makes them successful?
Tomorrow in class we will review Surplus, Shortage, and Equilibrium; Supply and Demand Schedules and move to look at Demand Shifts.
C.A.N. I.!
Mr. Brannick
We've talked about your age group and the technological advantages you possess. While this article was published just over a year ago, it is an example of the new technological advances in our society. I would like you to respond and let me know your thoughts on the article and how it relates to our topic of Supply and Demand.
Do you feel Amie Street, from the producer's point of view, is doing the correct thing by pricing the music by demand or popularity?
How do you feel, as a consumer, by the pricing strategy of Amie Street? Is it fair?
What is so impressive about the founders of the company?
Is this company still in business? Is so, what do you feel makes them successful?
Tomorrow in class we will review Surplus, Shortage, and Equilibrium; Supply and Demand Schedules and move to look at Demand Shifts.
C.A.N. I.!
Mr. Brannick
Thursday, December 4, 2008
Wednesday, December 3, 2008
Absolute Advantage v. Comparative Advantage
Class,
On Thursday we will have a quiz on section 1 of Chapter 4. The main focus in the chapter, thus far, has been: Trade, Opportunity Cost, Absolute and Comparative Advantage.
As a follow-up to today's lesson:
When we are comparing two issues:
Cars v. Cheese: take the focal point and put it over the comparative item. If we are looking at the country with the comparative advantage in production of cars, from today's lesson, then:
USA : 15hrs to produce 1 car/5hrs to produce 1 ton of cheese = an Opportunity Cost of 3 tons of cheese.
China: 4 hrs to produce 1 car/2 hrs to produce 1 ton of cheese = an Opportunity Cost of 2 tons of cheese.
Therefore: China has the Comparative advantage in the production of cars. (China gives up fewer units of chesse, when producing cars.)
To find the comparative advantage of production of cheese, simply reverse the numbers.
Questions? Thoughts? Concerns?
Thank you to my Lance Armstrong, Typist, Chef & Cleaner for your participation in class.
C.A.N. I.!
Mr. Brannick
On Thursday we will have a quiz on section 1 of Chapter 4. The main focus in the chapter, thus far, has been: Trade, Opportunity Cost, Absolute and Comparative Advantage.
As a follow-up to today's lesson:
When we are comparing two issues:
Cars v. Cheese: take the focal point and put it over the comparative item. If we are looking at the country with the comparative advantage in production of cars, from today's lesson, then:
USA : 15hrs to produce 1 car/5hrs to produce 1 ton of cheese = an Opportunity Cost of 3 tons of cheese.
China: 4 hrs to produce 1 car/2 hrs to produce 1 ton of cheese = an Opportunity Cost of 2 tons of cheese.
Therefore: China has the Comparative advantage in the production of cars. (China gives up fewer units of chesse, when producing cars.)
To find the comparative advantage of production of cheese, simply reverse the numbers.
Questions? Thoughts? Concerns?
Thank you to my Lance Armstrong, Typist, Chef & Cleaner for your participation in class.
C.A.N. I.!
Mr. Brannick
Monday, December 1, 2008
International Trade WebQuest
Class,
Click on the link below for Section 1 of the WebQuest. Once the page opens, scroll to, I. World Trade Developments in 2006 and select .pdf version. You will be able to answer the questions provided in class.
http://www.wto.org/english/res_e/statis_e/its2007_e/its07_toc_e.htm
For Section 3 click the link below and answer the questions provided in class:
http://www.taxanalysts.com/museum/1816-1860.htm
Mr. Brannick
Click on the link below for Section 1 of the WebQuest. Once the page opens, scroll to, I. World Trade Developments in 2006 and select .pdf version. You will be able to answer the questions provided in class.
http://www.wto.org/english/res_e/statis_e/its2007_e/its07_toc_e.htm
For Section 3 click the link below and answer the questions provided in class:
http://www.taxanalysts.com/museum/1816-1860.htm
Mr. Brannick
Tuesday, November 18, 2008
Auto Industry
Class-
We've been talking a lot about prices of items in the marketplace. Many times our discussions have centered around the price of gas. Recently Ford and GM published their losses for the 3rd quarter of the year.
Many of our discussions focused around the development of new technology, which relied on other resources than gasoline. With the recent drop in the price of gas, what do you feel will be the response of the auto-makers? Should they continue to develop vehicles which run on alternative fuel at the pace they were when gas prices were so high? Will consumers be so concerned about buying hybrid vehicles? Where should the auto industry go from here?
After you post, please feel free to, respectively, agree or disagree and why.
C.A.N. I.!
We've been talking a lot about prices of items in the marketplace. Many times our discussions have centered around the price of gas. Recently Ford and GM published their losses for the 3rd quarter of the year.
Many of our discussions focused around the development of new technology, which relied on other resources than gasoline. With the recent drop in the price of gas, what do you feel will be the response of the auto-makers? Should they continue to develop vehicles which run on alternative fuel at the pace they were when gas prices were so high? Will consumers be so concerned about buying hybrid vehicles? Where should the auto industry go from here?
After you post, please feel free to, respectively, agree or disagree and why.
C.A.N. I.!
Friday, October 24, 2008
CAN I
Congratulations to all those who have received a C.A.N. I.! Cert. thus far!! Keep working and Improving!
9/25/08:
Makin Smith
10/16/08
Kyle Chesney
Jeanine Less
Lauren Moore
10/24/08
Toniann Chero....Kristen Flynn.....AJ Frank
Sam Junod.........Robyn Prince.....Makin Smith
Kevin Tomasetti...Don Toole
11/25/08
Sarah Adams
9/25/08:
Makin Smith
10/16/08
Kyle Chesney
Jeanine Less
Lauren Moore
10/24/08
Toniann Chero....Kristen Flynn.....AJ Frank
Sam Junod.........Robyn Prince.....Makin Smith
Kevin Tomasetti...Don Toole
11/25/08
Sarah Adams
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