Beyond the Sound Bites (if time after Quiz):
Clear your desk except for a pencil. Once everyone is quiet, and no talking during the Quiz, we can begin. Be sure to put your name on the Quiz and the Scantron. You may write on both the Quiz and the Scantron.
If you finish early, you may take out non-class materials; once everyone is finished, put away the non-class materials. Then, I will collect the Scantron first, and then I will collect the Quiz.
Be sure your name is on both the Scantron and the Quiz.
If your name is not on the Quiz it will not be returned.
http://www.youtube.com/watch?v=EXMKdkA5lIM
Decressin Says IMF `Concerned' About U.S. Deficit Woes
April 12 (Bloomberg) -- Jorg Decressin, an economist at the International Monetary Fund, discusses the outlook for U.S. economic growth and the nation's budget deficit. The IMF released its World Economic Outlook report yesterday and forecast restrained U.S. growth based on higher oil prices and weak job gains. Decressin speaks with Deirdre Bolton on Bloomberg Television's "InsideTrack." (Source: Bloomberg)
The Quiz Prep Page is available.
For the Make-up Quiz, consider the material found in Chapter 9 Section 3:
minimum tax, VAT (Value-Added Tax), flat tax, federal tax reform, business taxes, profits, tax burden, personal income rate, depreciation, investment tax credit, and, capital gains.
Cf. http://shanawiki.wikispaces.com/Honors+Business+Economics+Chapter+9+Section+4+Quiz+Prep+Page+Spring+2011
Standard feature:
The electronic edition of the Philadelphia Inquirer is available. We have the Sunday edition, available on Mondays, in addition to the Tuesday through Friday editions on the other days.
Please follow the steps below:
URL: http://nie.philly.com
Click on the words "Access e-Inquirer" located on the gray toolbar underneath the green locker on the opening page.
Login:
Username: bshsinky@shanahan.org
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Chapter 11 Resources
Cf. http://glencoe.mcgraw-hill.com/sites/0078747643/student_view0/unit3/chapter11/chapter_overviews.html
Chapter 11: Financial Markets
Chapter 11 Section 1 Savings and the Financial System
In-class assignment, with a partner, answer the questions.
11.2 The Power of Compound Interest
What does the table show?
How can money grow with compound interest?
How much interest is earned after the first 10 years at 6 per cent? (p. 293)
Cf. http://glencoe.com/sites/common_assets/socialstudies/in_motion_08/epp/EPP_p293.swf
In-class assignment, with a partner, fill in the graphic.
11.1 Strategy
Complete the graphic organizer by describing how financial intermediaries channel money.
Reading Strategy
Saving and Economic Growth
Savers and Financial Assets
The Circular Flow of Finance
Financing Capital Formation
In-class assignment, with a partner, answer the question.
Reading Check
Summarizing
How does the financial system bring savers and borrowers together?
Nonbank Financial Intermediaries
Finance Companies
Life Insurance Companies
Pension Funds
In-class assignment, with a partner, answer the question.
Reading Check
Comparing and Contrasting
How do finance companies, life insurance companies, and pension funds channel savings to borrowers?
Basic Investment Considerations
Consistency
Simplicity
The Risk-Return Relationship
Investment Objectives
In-class assignment, with a partner, answer the question.
Reading Check
Identifying
If you were to invest your money, what would your objectives be?
11.1 Review
In-class assignment, with a partner, fill in the graphic.
Use the graphic organizer to describe the nonbank financial intermediaries.
Profiles in Economics Sallie Krawcheck
Keep Your Message Simple--with Mark Thompson, 2:06
In-class assignment, with a partner, answer the questions.
What is leadership?
What does communication involve?
Chapter 11 Section 2 Financial Assets and Their Markets
Section Preview
Content Vocabulary
bond
In-class assignment, with a partner, answer the following.
Personal Finance: How to Understand Bonds, 1:35
What exactly is a bond?
What has this to do with a company?
What is paid back?
What happens if the company goes bankrupt?
A bond is essentially a debt that funds a company, and that will be paid back with interest. Understand bonds and how it's different than equities with tips from a financial planner in this free video on personal finance and the stock market.
Expert: Chris Markowski
Contact: www.watchdogonwallstreet.com
coupon rate
maturity
par value
In-class assignment, with a partner, answer the following.
How do we calculate a par value of a bond?
What is its price?
Stocks & Investments: How to Calculate the Par Value of a Bond, 1:01
Calculating the par value of a bond is simple by looking at the initial purchase price of the bond, as the par value is generally the issues value as well as the ending value. Find the par value of a bond with financial advice from an experienced portfolio manager in this free video on investing.
Expert: Gregory Bramwell-Smith
Bio: Gregory Bramwell-Smith is the relationship and portfolio manager at Bramwell-Smith Associates.
current yield
In-class assignment, with a partner, answer the following.
Bond Investing: How to Find a Current Yield on a Bond, 1:49
How do we find a current yield on a bond?
What is the formula?
Where do you find this information?
The current yield on a bond is the yearly interest rate divided by the cost price of that bond. Find the current yield on a bond by calling the holder of the bond or checking the newspaper with help from a licensed financial planner in this free video on bonds and investing.
Expert: William Rae
Contact: www.hbwfl.com
junk bond
In-class assignment, with a partner, answer the following.
Stocks & Bonds: What Are Junk Bonds? 1:25
What is a junk bond?
What comes with high yield?
What may happen with junk bonds?
Junk bonds, or high yield bonds, are bonds that have low credit ratings, and therefore include an inherent risk. Be aware of a bond's credit rating before making an investment with help from a portfolio manager in this free video on personal finance and money management.
Expert: Gregory Bramwell-Smith
Bio: Gregory Bramwell-Smith is the relationship and portfolio manager at Bramwell-Smith Associates.
municipal bond
In-class assignment, with a partner, answer the following.
Bond Market: How Much Does a Municipal Bond Cost? 2:22
What is a municipal bond?
What do municipalities need?
What happens if a state or municipality defaults?
Today, do municipal bonds cost less or more? Why?
Why do you need to careful if investing in municipal bonds?
A municipal bond will have a lesser value if interest rates go up, and bond prices go down when a state, city or county has a deficit. Talk to a stockbroker about the advantages and disadvantages of municipal bonds with help from a personal asset manager in this video on the bond market and money management.
Expert: Roger Groh
Bio: Roger Groh is the founder of Groh Asset Management.
tax-exempt
In-class assignment, with a partner, answer the following.
Financial Planning & Investment Tips: Tax Exempt Money Market Fund, 1:09
What is a tax exempt money market fund?
What does it allow you to do?
When can you use it?
Tax exemption is a important benefit to money market funds. Discover more about tax exemptions with money market funds using tips from a registered financial consultant in this free video on financial planning.
Expert: Patrick Munro
Contact: www.northstarnavigator.com
savings bond
beneficiary
Treasury note
Treasury bond
Treasury bill
Individual Retirement Account (IRA)
capital market
money market
primary market
secondary market
11.2 Reading Strategy
In-class assignment, with a partner, fill in the graphic.
Use the graphic organizer to identify and describe at least four financial assets.
Issues in the News Want More Interest? Meet Bond, Junk Bond
In-class assignment, with a partner, fill in the graphic.
11.2 Review
Use the graphic organizer to identify the characteristics of financial assets.
11.3 Reading Strategy
In-class assignment, with a partner, fill in the graphic.
Use the graphic organizer to describe the different stock markets.
Figure 11.7 How Much Money Will You Have at Retirement?
Cf. http://glencoe.com/sites/common_assets/socialstudies/in_motion_08/epp/EPP_p308.swf
11.3 Review
In-class assignment, with a partner, fill in the graphic.
Use the graphic organizer to evaluate the risks and rewards of investments.
Figure 11.1 Overview of the Financial System
Cf. http://glencoe.com/sites/common_assets/socialstudies/in_motion_08/epp/EPP_p291.swf
Figure 11.2 The Power of Compound Interest
Cf. http://glencoe.com/sites/common_assets/socialstudies/in_motion_08/epp/EPP_p293.swf
Figure 11.7 How Much Money Will You Have at Retirement?
Chapter 10: Government Spending
Chapter 10 Resources
Chapter 10: Government Spending Multiple Choice Quiz
Chapter 10: Government Spending ePuzzles and Games Column
Chapter 10: Government Spending Vocabulary eFlashcards
Chapter 10: Government Spending In Motion The Federal Budget for Fiscal Year 2007
Chapter 10: Government Spending In Motion State and Local Expenditures
Chapters 8-11
Cf. http://glencoe.mcgraw-hill.com/sites/0078747643/student_view0/unit3/
Chapter 9 Resources
Chapter 9: Sources of Government Revenue
Multiple Choice Quiz
Cf. http://glencoe.mcgraw-hill.com/sites/0078747643/student_view0/unit3/chapter9/self-check_quizzes.html
Ch. 9 Crossword Puzzle
Chapter 9 Flashcards
Chapter 10 Resources
Self-Check Quiz, Crossword, Vocabulary
Cf. http://glencoe.mcgraw-hill.com/sites/0078747643/student_view0/unit3/chapter10/
Wisconsin Labor Protests - Noodles, 1:36
Spending, 6:25
Seinfeld Risk Management, 4:17
Cf. http://www.youtube.com/watch?v=laKprX-HP94
Finance Company Collector - A song protesting the current recession, 4:30
Josh Riddle and David Rufful are seniors at Dartmouth College.
Pension Tension Blues, 5:42
Lyrics: co-written by Susan Mangiero and Steven Zelin, Singing CPA.
Email (or hand in hard copy) to gmsmith@shanahan.org.
Wednesday HW
1. p. 286, #20-22
Thursday HW
1. p. 286, #23-25
Friday HW
1. p. 286, #26
