Sean Davis Macroeconomics Mr. Vincent 1/10/13 “Naked Economics” by Charles Wheelan Economics is on fundamental level of the study of scarcity. Human desires are unlimited‚ but resources aren’t and every society tries to figure out how to allocate its resources for maximum benefit. The field of economics attempts in large part‚ to help understand these resource allocations and decisions. Resources allocated largely according to the forces of supply and demand‚ and prices serve as
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Are you you? I grew up a little bit everywhere‚ traveled with my mother when I was young‚ saw a lot of places and thankfully I was able to travel and see even more because of my family. Diversity gave me the opportunity to have different perspective of reality. As growth flourishes‚ a “few” questions always come up. And as a result of answering these questions I’ve learned and figured that changing the world is a product of changing your self‚ and who would not want to be himself‚ right? What keeps
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Today we watched a video called‚ “Naked Science: Countdown to Impact.” This video focuses on an asteroid that is heading towards Earth in 2008 and the possible effects that an asteroid has when it collides with Earth. October 6‚ 2008‚ for the first time ever‚ an astronomer discovered an asteroid while it was still in space and was also able to follow it all the way up until impact. This astronomer was able to identify that this object in space was in fact an asteroid by using their Catalina Sky Survey
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Chapter 1 The Power of Markets Charles states as his number one point that economics is really unpredictable. He uses the Coca-Cola Company as a fine example for this. That company starts of turning out to be loss and failure but within 10 years since it started it turned out to be very profitable. Charles also states that markets are extreme powerhouses over individual’s daily lives. Markets are also self-correcting because they use prices to allocate their resources. Individuals all work
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READ: Naked Economics: Undressing the Dismal Science‚ Charles Wheeland‚ W.W. Norton‚ 2003. Completely- cover to cover. Directions: Create a time management plan for your reading schedule to ensure you have ample time to read the book. Set due dates for each chapter and each part of the assignment. Review your schedule with a parent or guardian. Expectations: Work must be typed‚ 12 point font‚ double-spaced. Label each section appropriately with each number. Please check your work for complete
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Unit 1 a) Is economics a science? Yes ! The word “Economics” is derived from the Greeks word “Oikonomos” which means to manage the house. So it means the management of a household especially in those matters‚ which are relating to the income and expenses of the family. After sometime‚ the term economy was adopted. Economics is regarded as a Social SCIENCE and not a PURE science like Physics or Chemistry because it uses scientific methods to build theories that can help explain the behaviour
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In Pittsburgh there are many young adults having sexual contact and getting pregnant and these are only one of the places with lots of young pregnant women. McKeesport high school in Pittsburgh everyone thinks it’s normal to see two or three pregnant girls at a time walking down the halls‚ but it doesn’t mean people don’t gossip about them. National Campaign to Prevent Teen pregnancy statistics show that teens are waiting until the age of 16 to have sex‚ that is 2 years longer then they use to. Teen
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Pre-Reading Notes (Very Short Introduction - Chapter 5; Fundamentals of Forensic Science – Chapter 11): • Red and white cell blood antigens are polymorphic: they exist in more than one form and everyone inherits one or more forms of each of them • A successful DNA profile makes it possible to reach a conclusion that a DNA sample came from a specific individual‚ giving law enforcement and forensic science a new‚ powerful identification tool that complements fingerprints and other methods of identification
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and/or pencil – PENCIL for labs‚ please! A charged laptop Student Review Book by Prentice Hall (provided by school – see below) BOOKS: Review book: Brief Review in Earth Science‚ The Physical Setting Jeffrey Callister. Upper Saddle River‚ NJ: Prentice Hall This book is purchased by the school and supplements the Earth Science Regents course. The book highlights important Regents topics and contains sample Regents questions for students to practice. This book must be brought to class everyday.
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The following chapter summaries are mostly based on the McConnell & Brue text “Economics- 16th Ed.” Details available at http://highered.mcgraw-hill.com/sites/0072819359/information_center_view0/ note .. arrow means “leads to‚” “results in‚” “causes” Chapter 1 – The Nature and Method of Economics Economics is the study of scarcity and choice Key concept- opportunity cost: for a person to get more of one thing... he/she must forego getting something else e.g. to get food must
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