The purpose of this blog is for our class to share our thoughts about a particular topic of the week. Each week Mrs. V. will post a topic related to Economics around the world. Each student will be required to make at least one comment about the topic or comment on another students comment. Credit will be given as long as your comment is relative.
To get your credit this week you simply need to:
1. become a follower of this blog- to do so click on “follow this blog” button located at the left of this post. You can also click on the top of the webpage “follow”
2. you will then be prompted to create an account. Do this!
3. make a comment on this post by clicking at the end of this paragraph “click here to comment” write your name and one thing you already know about economics.
I hope you all enjoy this part of class. It should be quite fun :)
OK my extra credits :P
ReplyDeleteExample:
ReplyDeleteMrs. Verwys knows that Economics is the study of choices that people make to satisfy their needs and wants.
awww ms. V! the example you used was the one i wanted to write! hahaha alright alright
ReplyDeleteJessica knows: scarcity requires people to make choices.
Ms.V what are we suppose to do with the chart ? it talks about U.S stuck indexes, it tells the Dow jones, NASDAQ and the SYP 500. it tells the current value and explains how it changes. att : nicole garcia jorge
ReplyDeleteScarcity and utility influence value
ReplyDeleteatt: Jose Armando
Em m... Well your instructions say that i'm supposed to comment about this post and in this post there is nothing about economy just about how this blog works. But if i have to comment about the chart at the beginning then i'm lost because i don't even understand the title :S
ReplyDeleteAtt: Yohana Viñas
Guys the chart at the beginning is just an advertisement. It will change daily depending on how the stock market does. :) You just need to make a comment as to what you already know about econ.
ReplyDeleteMaria Ginebra or as you know me: Gaby :d Ms.V. these is really thinking out of the box i like it:p well, what do i know about Economics?.... i don't know much more than what you have teach us but i really liked learning about production possiblility curve which shows all possible combination of goods and services that can be produce + learning the easier way to look for precentages :d Economics is a beautiful subject which i hope to gain the most out of it. (its better than government... shhhhh, don't tell ms. v!!! :p)
ReplyDeleteDaniel Fernandez: economy is the bomb, ive learned about the mixed economy n da services and goods, and the economy system. scarcity etc.
ReplyDeleteHallo Mrs.V! What's up? :D
ReplyDeleteI have the BEST joke of the day:
which of the following is the goal of entrepreneurship?
To develop a new combination of the other factors of production, thereby creating something of value! :D
ISN'T THAT JUST LOVELY!?
loves
MARA THE MAGNA! XDDD
Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it.
ReplyDeleteehh entrepreneurship is a factor of production in economics.
ReplyDeletehahaok
(Michelle Troncoso)
ReplyDeleteHelloo!!
Scarcity - means that all the resources that satisfies our needs and wants are not sufficient.
3 basic question are:
- how to produce?
- who to produce?
- what to produce?
*EXTRA CREDIT*
This is AWesoME!!!:D
ReplyDeleteI love owning a sharebuilder account to invest in american economy.
ReplyDeleteNatalieTejeda:
ReplyDeletei really like more econmics than goverment, i think is more interesting. I learned about scarcity,efficiency, and human resources.
i know economics is a lot better than government
ReplyDeletewow did alejandro just made the cool phrase up? :O DUDE! ALE! awesome (if you did, of course, if not, FORGET IT X'D) mwhahahaha
ReplyDeletehey i know that mrs. verwys is my econ teacher in room 203
ReplyDeleteEconomics is the study of choices that people make to satisfy their needs and wants. :)
ReplyDeleteEconomics is like the BEST :)!
<3 !
:)
ReplyDeletequien es eternity829? ^o)
ReplyDeleteElasticity = (% change in quantity / % change in price) :P
ReplyDeleteIf elasticity is greater than or equal to one the curve is considered to be elastic. If it is less than one the curve is said to be inelastic!!! we just learned that last week :)