AT Micro/Macro Economics

STOCK SELCTION PAPER, DUE FRIDAY, NOVEMBER 30, 2012 On FRIDAY, NOVEMBER 29, your stock selection papers are due. They should be a minimum of three pages and a maximum of five, excluding appendices. You should begin this paper by writing several paragraphs explaining your philosophy of investing. You should then cite the stock you have invested in and explain in detail  why this stock is UNDERVALUED at the time. You should have consulted at least three or four sources in making your choice. Those sources should probably include the annual report, VALUE LINE and, perhaps, the Morningstar website. I would include some of the material you looked at in your appendices. You should answer the following questions in your paper: Why do you want to invest in this company’s product? What is its position in the industry? How financially healthy is the company? What is the management of the company like? How healthy is the company for the long term? How expens...

The Following materials describe the proper citation style to use in your papers and bibliographies for AP European History. It is called the Chicago/Turabian style of citation and is in widespread use throughout academia. Note that it calls for footnotes, rather than in-text citations. The format for bibliographies in Turabian style is also different from the format in MLA, the style with which you are probably more familiar. Notice, too, that we would like you to annotate your bibliographies. Turabian Style Format for Bibliographies Based upon Kate Turabian's A Manual for Writers of Term Papers, Theses, and Dissertations , 6th ed., 1996. (Copies available at Main and Science Library Reference and Reserve Desks call number LB2369 .T8 1996) Note: Like the Chicago Manual of Style on which it is based, Turabian offers those in the natural and social sciences the option of using an author-date system with notes and parenthetical references. See chapters 10-11 of the Manual for ...

http://atmicromacroeconomics.blogspot.com/2013/12/eztest-url.html

Business Plan The purpose of this project is to create a viable business plan for a good or service.  Once you have created a group of between three and six people you will work to build out the following components of a business plan Executive Summary Done last after complete analysis has been completed Description of the venture Why this product? How your skills/interests as the entrepreneur line up with the needs of the business What is the business all about? What market need will your business will address? Marketing Plan What is your strategy? Cost leader? Innovator? Customer intimate? What is your target market? How large is this target market? How will attract your target market to your business? Who are your key competitors? What type of market structure is your industry? Finance Plan Description of fixed and variable costs Projections of the number of units you will sell on a monthly basis Critical assumptions Financing needs Strat...

Checklist for Writing History Papers Writing History Papers – A Checklist CHECKLIST FOR HISTORY PAPERS (Research and Analysis) Words matter and a well designed paper should put them together in ways that are thought –provoking, powerful and engaging. This checklist will help you to do that.  Four major interdependent factors are most important in creating an effective history paper: what it says, how clearly and convincingly it says it, and how engaging it is to read. (i.e. CONTENT, ORGANIZATION, GRAMMAR and FORMAT and the AUTHOR’S STYLE and “VOICE”. ) Think carefully about these elements before you write, as well as after you have completed your first draft of a paper. Ask yourself these questions: _______ 1. Does your introductory paragraph grab your reader? Is it sufficiently interesting that we wish to continue to read? _______ 2. Does your opening paragraph state your premise or thesis? Do you define key terms in it? ________3. Do you present ab...

EYE OPENER OF THE WEEK: Who so neglects learning in his youth, loses the past and is dead for the future. Euripides LONG PERIOD: discuss what Professor said about contrived equality and inequality. CLASS ONE: we will discuss the Colander chapter on Real World Competition. HOMEWORK: please read the Ariely chapter (5) on Arousal. CLASS TWO: we will review the reading. CLASS THREE: we will view Larry Summer's interview on Charlie Rose.

Two important notes for this week: On Day 1, we will take the micro final. The entire class period will be devoted to the exam. During the assembly period (10:10-11:00) on Thursday, December 12, Professor Gary Becker will speak to us. The talk will be held in UH103/104. Attendance at this talk is mandatory. In order to compensate you for your time, we will not hold class on Friday. DAY 1: Micro Final. HOMEWORK: In preparation for Professor Becker's guest talk on Thursday, please read the entry "Contrived Inequality and Equality" on the Becker-Posner blog (http://www.becker-posner-blog.com/2013/02/contrived-inequality-and-equality-becker.html). DAY 2: We will discuss the blog reading on the nature of economic inequality. HOMEWORK: Read chapter 16 of Colander (Real World Competition & Technology). DAY 3: We will discuss chapter 16 of Colander and also play a game involving behavioral economics. DAY 4: No class on account of Professor Becker's guest talk on Thursday....

WEEK'S EYE OPENER: I envy the beasts two things--their ignorance of evil to come and their ignorance of what is said about them. Voltaire KEY DATES: On Friday, Dec. 6, your stock selection paper is due. On Monday, Dec. 9, you will have a MICRO FINAL based on all the previous quizzes you have taken. There will be 50 questions and an essay  drawn from the chapters on Monopoly and Monopolistic Competition and  Oligopoly and Antitrust Policy. You be assigned the essay question on Friday of this week and write it as a take-home assignment over the weekend. On Thursday, Dec. 12, Professor Becker will speak in room 102/104 during the open period on inequality in education. THE LONG PERIOD: video of Prince Alwaleed bin Talal, the Arab Warren Buffett. CLASS ONE: we will review the chapter on Monopoly and Monopolistic Competition. HOMEWORK: please read the section on oligopoly in chapter 15. CLASS TWO: we will discuss the reading. HOMEWORK: please read the section on antitrust policy in chap...

DAY 1: Discussion of Colander chapter 14 (monopolies). Additional discussion question to consider:  For over a century, the United States has had anti-trust laws on the books, which forbid the formation of monopolies in high-volume industries and prevent corporate mergers that would result in a large share of a given market. Are such laws beneficial to the economy as a whole? DAY 2: We will watch Charlie Rose's interview with Alwaleed bin Talal, the single largest international investor in the US stock market. A discussion of the perception of the US economy from an international perspective will follow. REMINDER: The stock selection/value investing paper is due on Friday, December 6. Enjoy the break!

WEEK'S EYE OPENER: Sweet are the uses of adversity KEY DATES: 1. On Friday, Nov. 22, you will have a quiz on the Colander chapter on Perfect Competition, the Ariely chapter on The Cost of Social Norms , and the Harvard Business School Case Study: Gender Equity. 2. On Friday, Dec. 6, your stock selection paper is due. 3. On Monday, Dec. 9, you will have a MICRO FINAL On Thursday, Dec. 12, Professor Becker will speak in room 103/4 during the open period. CLASS ONE: we will discuss the Colander chapter on Perfect Competition. HOMEWORK: the Ariely chapter on The Costs of Social Norms. CLASS TWO: we will discuss the reading. HOMEWORK: read the handout, Harvard Business School Case Study: Gender Equity C;ASS THREE: we will discuss the reading. HOMEWORK: prepare for a quiz. There will be an essay on one of the two non-Colander readings. CLASS FOUR: QUIZ. HOMEWORK: please read the Colander chapter on Monopoly

LONG: Economist article "Why Would Anyone Want to Host the Olympics?" DAY 1: Discussion of Colander chapter 11 (Production & Cost Analysis 1). HOMEWORK: Read Colander chapter 12 (Production & Cost Analysis 2). DAY 2: Discussion of Colander chapter 12. HOMEWORK: Read Wheelan chapter 6 (Productivity & Human Capital). DAY 3: Discussion of Wheelan chapter 6. HOMEWORK: Study for the quiz. DAY 4: Quiz on materials from the week. Multiple choice questions will be drawn from chapters 11 & 12 of Colander. The essay prompt comes from Wheelan chapter 6. It is as follows: Nobel Prize-winning economist Gary Becker believes that human capital is responsible for 75% of the wealth of modern economies. What is meant by "human capital," and would you agree that it is as important to the health of a nation's economy as Becker claims? During this week, you should also be laying the groundwork for your value investing paper, which is due by December 6.

WEEK'S EYE-OPENER: I carry my adornments on my soul. I don't go dressed up like a popinjay but inwardly I wear my ornaments. Cyrano de Bergerac KEY DATES: 1. On Friday, Dec. 6, your stock selection papers are due. 2. On Thursday, Dec. 12, Professor Becker will speak to us during the open period. THE LONG PERIOD; we will play an overconfidence game given to us by Charles Brobinskoy. CLASS ONE: we will discuss chapter 3, The Cost of Zero, in Dan Ariely's book.  HOMEWORK: prepare for a quiz on the chapters on Comparative Advantage and International Trade (chapters 9 and 10). You will also have to answer the following question: Would you invest in a hedge fund? In your answer, please use some of the following vocabulary: hedge, margin, leverage, fee structure, long and short, market inefficiencies, arbitrage, alpha and beta, commissions, and mutual funds. CLASS TWO: QUIZ. HOMEWORK: review the handout that includes two model stock selection papers and some literature on value i...

Mr. Janus' classes will have the quiz during the extra half hour of the long period. It will either be on US transferable advantage or why the public often doesn't like trade.

DAY 1: Discussion of Colander, Microeconomics ch10 (International Trade Policy). Please note that the chapter number may be different in earlier editions of the text. Make sure you are reading the chapter with the title "International Trade Policy." HOMEWORK: Read Wheelan, Naked Economics ch12 (Trade & Globalization). DAY 2: Discussion of Wheelan ch12. HOMEWORK: Read the article on hedge funds ("The Jones Nobody Keeps Up With"). This is in preparation for a guest talk on day 4.) Also, prepare for the mini-quiz. The prompt is below. DAY 3: We will begin the class with a mini-quiz. You will have to write a short essay on the following prompt: Chapters 9 and 10 of Colander talk at length about transferable comparative advantages, especially in relation to the United States. Please identify one transferable comparative advantage the United States is currently holding. What does the future look like for this comparative advantage? Do you expect it to strengthen or to...

WEEK'S EYE-OPENER: First I lost my weight, then I lost my voice and now I lost my Onassis. Maria Callas KEY DATES: 1. During the first class period of next week you will have a QUIZ on chapter 8 and you will be asked to answer the following question from the article on the Great Depression: What were the some of the financial and cultural reasons for the Stock Market Crash in 1929? 2. On Friday, Oct. 25, John Rogers and Charlie Brobrinsky will speak to us about value investing. On Friday, Nov. 1, Doug Rothschild will talk to us about hedge funds. 3. On Friday, Nov. 29, your stock selection papers are due. 4. On Thursday, Dec. 12 Professor Becker will speak to us during the open period. The Long Period: we read the article, Economists Clash on Theory, but Will Still Share the Nobel. PERIOD ONE: TEST on chapter 8 and Great Depression article. HOMEWORK: please read Wheelan chapter on The Economics of Information. PERIOD TWO: we will discuss the Wheelan chapter. HOMEWORK: please read c...

Please note that class will not meet on Wednesday on account of PSAT testing. Also note that there will be no quiz this week. DAY 1: Discussion of Colander, Microeconomics chapter 8 (Market Failure vs. Government Failure). A few key concepts: marginal social cost/benefit; free rider problem; adverse selection problem . HOMEWORK: Read Wheelan, Naked Economics chapter 7 (Financial Markets). DAY 2: Discussion of Wheelan chapter 7. A few key concepts: capital; speculation; efficient markets theory . HOMEWORK: Read the article "The Stock Market Crash of 1929: A Review Article." DAY 3: Economic history day - discussion of the Stock Market Crash article. A few key questions: What were some of the financial and cultural reasons for the Stock Market Crash of 1929? To what extent was this crash responsible for the Great Depression? Is it possible a market crash this severe could happen again?

WEEK'S EYE-OPENER: Money may not buy happiness but I would rather cry in a Jaguar than a bus. Francoise Sagan KEY DATES: 1. On Friday, OCT. 11 we will have a quiz on the Colander chapter on Taxation and Government Intervention and the two packets from Peter Lynch. The essay question will be, Based on the Lynch  readings, what is value investing? 2.  On Friday, Nov. 29, your stock selection paper is due. THE LONG PERIOD: we will read an article that defines the six key criteria for investing in mutual funds. CLASS ONE: A facilitator will lead a discussion on the chapter on Taxation and Government Intervention. HOMEWORK: the packet with the Peter Lynch interview. CLASS TWO: A facilitator will lead a discussion on the Value Investing reading. HOMEWORK: The Lynch reading on how to read balance sheets and income statements. CLASS THREE: We will discuss the financial statement reading. HOMEWORK: prepare for a quiz on the Colander and Lynch readings. CLASS FOUR: QUIZ. HOMEWORK: read the c...

DAY 1: Discussion of Ariely, Predictably Irrational chapter 2. A key question: To what extent do people base their current economic choices on their past experiences with price and value? HOMEWORK: Read Colander, Microeconomics chapter 6. DAY 2: Discussion of Colander chapter 6. A few key concepts: price elasticity; cross elasticity; substitution. HOMEWORK: Study for the quiz. DAY 3: Quiz on Colander chapters 5-6 and Ariely chapter 2. HOMEWORK: Read the New York Times article "Escaping the Cycle of Scarcity." DAY 4: Discussion of the NY Times article. A few key questions: What are the underlying causes of poverty? What is the most efficient means of moving people out of poverty? LONG PERIOD: Discussion of the Economist article "Digital Media: Counting the Change." A key question: How have media companies dealt with the problems associated with illegal downloading?

WEEK'S EYE-OPENER: Give me the luxuries of life and I can do without the necessities. KEY DATES: 1. During the third class period of the week, you will have a quiz on chapters 3 and 4 in Colander plus the Introduction and first chapter in Dan Ariely's Predictably Irrational, and the article, The Rich Get Richer Through the Recovery. There will be two essay questions. 1. Based on the article, The Rich Get Richer Through the Recovery," explain why the wealth gap widening. Should something be done about it? 2. What have you learned about individual choice from the Ariely reading? 2. On Friday, Nov. 29, your stock selection research paper is due. LONG PERIOD: 1. We will view an 18 minute clip on the Federal Reserve that was aired on Charlie Rose on Sept. 20. When you watch the video, focus on what you can learn about the state of our economy. CLASS ONE: A facilitator will lead a discussion on chapter 4 in Colander. HOMEWORK: read the introduction and chapter 1 in Predictably I...

CLASS ONE: Discussion of Wheelan chapter 1. A few key questions: Should people be allowed to buy birthday cakes for dogs while others are homeless? What is "utility" and how do people look to maximize it? Does every market transaction make people "better off" on the whole? HOMEWORK: Study for the quiz via eztest and review of your readings. CLASS TWO: Quiz on Colander chapters 1 & 2 and Wheelan chapter 1. There will be a multiple choice section and a short essay section. The short essay section will ask you to address the question "what is economics?" HOMEWORK: Read Colander chapter 3. CLASS THREE: Discussion of Colander chapter 3. A few key concepts: Institutions; Market Economy; Welfare. HOMEWORK: Read Wheelan chapter 3. CLASS FOUR: Discussion of Wheelan chapter 3. A few key questions: What is an externality and what is government's role in managing them? What is the role of infrastructure in economic stability and growth? Should gove...

Attached please find detailed guidelines for leading class discussions. AT Economics 2013-14 Messrs. Janus & Disantis Rubric for Discussion Leaders A major component of AT Economics is student-led discussion. Each student will be responsible for facilitating a review and discussion of essential class material at least once per quarter. Below are guidelines for how to approach discussion leadership. 1. Class Management (25%) Student involves as many classmates in the discussion as possible Student allows classmates a chance to answer questions or elaborate on concepts before doing so herself or himself Student’s tone is appropriate and respectful of the opinions of classmates 2. Command of Material (25%) Student is able to explain significant concepts with depth and clarity Student depicts important graphs or charts either on the board or in a hand-out Student is able to answer questions that arise or, if unsure of the answer, can direct students to a source that can ...

  Syllabus AT MICRO/MACRO ECONOMICS Course Syllabus, 2014/15 AT MICRO/MACRO ECONOMICS Course Syllabus 2014/15 MICRO and MACRO ECONOMICS OVERVIEW: Lucky you. You are about to embark on a yearlong course in economic that is probably the most important, and certainly the most pervasive, social science in the modern world. Micro and macroeconomics seem to touch most things these days, and an understanding of them is part of the background for understanding much of what goes on around you. To further encourage this understanding, economic current events will be a weekly part of the course and your evaluations. Not only is economics significant but you are also going to learn a heck of a lot in this course. We will start with microeconomics, which deals with economic problems that you, the individual, face or your household confronts or that individual business enterprises deal with every day. We will then move to macroeconomics, wh...