Schedule for the week of Jan. 20, 2014

EYE-OPENER OF THE WEEK:  Where's the man who could ease the heart like a satin gown? Dorothy Parker

KEY DATES:

1. Field Trip this Friday. We will gather in the foyer of the high school at 7:30 am.  We will then take the 8:02 am train from the 57th St. station to Van Buren, arriving at 8:16 a.m. We will visit the Chicago Mercantile Exchange Visitors' Center at 9:00 am to watch the markets open, hear a talk by trader Gary Lark on how Open Outcry has changed over the years, and watch a film on Commodity Trading. We will then visit the Federal Reserve's Money Museum at 10:30 followed by a talk from one of the Fed's economists, Rick Mattoon, at 11:00.  At noon, we will have lunch at the Boni Vino restaurant and then return on the 2:20 train, arriving back at Lab around 2:35. If you wish to meet us at the Board of Trade or leave from the restaurant, your parents need to email your teacher before Friday. Please dress appropriately, no jeans. 

2. On Friday, Feb. 28, Bruce Cohen will speak to our classes on an aspect of the financial system.

3. On Friday, March 7th your second research paper that will incorporate a behavioral experiment or the creation of a game theory game that you will actual test is due. You should review  the literature but your thesis should be original. The length should be five to ten pages. You may work with one other student. 

4. On Friday, March 14, Stuart Litwin will speak to us about securitization and the financial crisis.

CLASS ONE: we will discuss chapter 6 in the macro text on Economic Growth, Business Cycles, and Structural Stagnation.. HOMEWORK: handout. Degrees of Value, Making College Payoff.

CLASS TWO: we will discuss the handout. HOMEWORK: chapter 7 in the macro book on Measuring the Aggregate Economy for the second class period of next week.

CLASS THREE: Econ. Field Trip. 


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