The Economics International Baccalaureate Course Analysis

In the book, Naked Economics: Undressing the Dismal Science talks about the basics of economics and how an individual or business can make the most of their overall happiness. Wheelan does the justice of taking professional economist ideas and language to the level of where beginner and/or individuals that are looking for an easier way to understand economics. Wheelan is has had a lot of experience with economics, by graduating and becoming a professor at Dartmouth College, as well as, the author and founder of the Centrist Political Party. He does a good job on breaking down a few of the implantations that economics has for an easy to explain. This

Unit 38 Business and the Economic EnvironmentLearner name Assessor nameSameeha Hussain/Antonio ZarroDate unit issuedUnit DeadlineDate unit submitted by student27/01/1419/04/14 Criteria referenceTo achieve the criteria the evidence must show that the learner is able toAsst Task no. Assessor initial date when metPASS CRITERIAP1 Explain the effects of changes in the economic environment on a selected business P2 Identify how government policies impact on a selected business P3 Identify the impact of government spending on a selected businessP4 Explain how both fiscal and monetary policy decisions have affected a selected businessP5 Describe the impact of international factors on a selected business M1 Analyse the implications of

As an avid problem solver, I had often been encouraged to take up Mathematics as a degree. However, I find myself engulfed in an increasingly uncertain economic landscape, where even the most intuitive economists cannot prevent suboptimal outcomes. In Mathematics I enjoy the challenge of finding the right answer, but the challenge of finding the right answer where one might not even exist has drawn me towards economics.

As I am now a sophomore in standing, I hope to build my understanding of economics through internships and career oriented opportunities. With Michigan’s resources such as Handshake, LSA Opportunity Hub and the backing of a strong alumni network, I look forward to immersing myself in the field of economics and creating and maintaining meaningful business relations. In addition, a goal I hope to pursue at Michigan is to study abroad in hopes of experiencing new cultures different from my own and furthering my knowledge of economics from different perspectives. I plan to become a global citizen through my collegiate years and beyond and I believe that through the elite economics department and many strong study abroad programs, I will thrive as an academically successful individual at Michigan.

Economics is extremely demanding and I am not noted as an easy grader. Stanley topped both classes that I taught. Economics also has a reputation for forcing students to use logic, the same logic which is a necessary characteristic of "excellent" lawyers.

After reviewing my data, I found that there was a modest increase in student achievement. There was a 6% increase in student scores from the pretest to the first quiz of the section. Although it is technology incomplete data because we have not finished the chapter, I feel that this is a good start. I believe this came from two areas. The first is that students were doing more hands on work which, in economics, is important for students to have a good understanding of the material and theories. The second reason is that I put in more time to better understand and teach these economic theories. Obviously, if I am better able to communicate the material to my students, they will have an easier time understanding it. Comparing last years SLO

Many economist write and speak like economist. The Milton Friedman paper I feel was written for economist, while the text by Frank appears better suited for the Economic student who is just beginning the process of learning economics. Chapters #1 and 2 in the text provide the economic knowledge that students including myself will use to create well formed opinions, and possible one-liners needed today to win over the masses in visible debates like casinos.

James Gwartney’s book, Common Sense Economics, is designed for those who are taking beginning steps to understand the basics of economics. It also provides actual concrete changes that could be made in the economy. This novel gives insight to the bigger picture that involves political rules and policies that go along with that. The context of the book aims to explain why nations prosper depending on people’s understanding of necessary economic arrangements. There are ten elements of economics, seven sources of economic progress, the role of the government, and twelve key elements of practical personal finance. James Gwartney even acknowledges what he wants students to get out of this text which is that:

The economic discourse community can be loosely identified as a set of shared values and knowledge in the field of economics. Different from other writings, economic discourse community usually include some technical economic terms and visual information, i.e. diagrams, tables and charts, etc. Each writing piece has its intended audience, and economists’ writing is no exception. Economists’ writing is usually targeted at economic majors or practitioners in the field of economics. Economic discourse community helps its intended readers to pick up information efficiently and effectively.

Some strategies that the author have came up with are that regular teachers can teach finance some finding a teacher to teach the class will not be hard. She also thinks that schools should teach student everyday economics in math and civics. Another strategy she is using, is that she is trying to scare high school student s that if you do not take finiance you

As a student teacher, Mr. Johnson helps ensure that Mr. Becker's classes run smoothly, focusing primarily on the ninth graders. However, he'll soon assist with the twelfth grade economics

When taking my first AP Macro class, I particularly noticed how the subject blended together concepts from history, mathematics, and business. Economics were a crossroads at which distinctly different educational materials met. Back then, this realization astounded me. I loved learning historical tidbits about how Keynes came up with his theories and simultaneously reapplying familiar math formulas to real-life economic dilemmas. The topics fused, my mind could see the big picture, freely gaining a thorough insight into the entangled economic world. However, while this academic concoction accelerated my learning, the alternative, observing my personal educational horizon through a narrow tunnel, resulted in a mental deterioration of ability.

In a study conducted by two students one of which attended German Institute for Economic Research and the other at the London School of

Sowell, Thomas. Basic Economics: a Common Sense Guide to the Economy. New York, Basic Books, 2015.