Friday, November 22, 2013
This week in Econ we have finally started personal finance. It has been pretty cool how we now have Westerville dollars and can choose to buy things, but one bad thing is that now things cost money like charging your computer or not having homework or sharpening a pencil and leaving the classroom. We also have bills to pay each week. I really like doing the Westerville dollars and I think that it was very fun and a good way to understanding how to manage our money.
Monday, November 18, 2013
This week in Economics we didn't do much. We have started our wiki pages on our country we have choose which are suppose to be due on Tuesday. I find learning about the countries interesting but the wiki page seems difficult. We had a shortened week because of the retreat so we had a half day on thursday and then no school on Friday. Next week we will probably do more on our wiki pages and start to get them finished.
Friday, November 8, 2013
This week in Economics took a-lot of notes and closed our argument on Walmart. We took a vote on Friday last week of the people who were there and then over the weekend the people who were not there had an opportunity to vote on Walmart. On Monday when we came in we found the results that Walmart would not be coming to town. For the rest of the week we took notes each day. We also took an open note quiz. Then we also did an assignment called Economic Indicators. On this assignment we had to find the GDP per captia, GDP official exchange rate, unemployment rate, population below poverty line, debt public, debt external, and the inflation rate. I found it very interesting to see the how the economy is in different countries.
Sunday, November 3, 2013
This week in Econ class we have been working mainly on the issue of whether or not Walmart should come to Weserville. I believe that Walmart could do good things for Weserville. It would create more jobs paying at minimum wage, but this is more money than the people that are unemployed have been making. Also they are some jobs like managers, and group leaders that will make more money than minimum wage. Walmart could also provide a place closer than 2 hours away for people to buy what they need. Without a Walmart in town the people would have to travel 2 hours each way to buy things they need and that also takes a lot of gas. I think that Walmart in Weserville will be a good first step to expanding the town.
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