Thursday, December 12, 2013

Personal Finance was fairly easy this week. On Wednesday we worked on some questions about interest and many banking terms. We also made either videos or presentations for "Interest for Beginners". And today (Thursday), we worked on posters about the different kinds of insurance. My group had home insurance, and after that, we had to vote on which were the three most important. I voted for health, home, and car insurance. I said health was the most important because health is your number one priority, because homes and cars can easily be replaced, but health, on the other hand, must be taken care of.

Friday, December 6, 2013

This past week in personal finance, we continued with the Weserville money. We also started to learn about credit cards and how they work. We also got another paycheck, and luckily we haven't had to pay any bills yet. But I think we are going to pay some on Friday! We also had to research phones and their prices, because we are all getting phones. We had to compare three major phone companies, and choose the best phone and phone plan within our budget. I ended up choosing an iPhone 4s from Verizon, and under the 2 year contract, the phone only costed $0.99, and the monthly bill is about $85. I look forward to the rest of this Personal Finance term!

Friday, November 22, 2013

This past week in economics, we started Personal Finance half way through. We started off with one Weserville dollar and throughout the week we gained more money. We will be receiving salaries and getting more money by answering questions. I look forward to learning about personal finance and I also enjoyed watching the video on how money was made and how it is so unique.

Thursday, November 7, 2013

In economics this past week, we learned all about Economic Activity. The GDP of other countries and what caused the Great Depression. I found it interesting when we watched the video about living on a dollar a day and it made me think about how I could not survive that in the world we live in now. It would be possible if you grew up like that and lived in a small area, like how the men in the videos traveled to Guatemala. We also have a test next Tuesday, and I wish everyone luck!

Thursday, October 31, 2013

First blog of the second half of this semester! Wow, we're already 1/4 through the year. Well, first, last week we had our Economy exam, which I did very well on, and I'm really happy about it! It was challenging, but it made me feel good that I knew it all. This week we started competition. Weserville is also considering on getting a wal-mart! Throughout this week, the class was divided into two groups, a group that wants wal-mart in Weserville, and a group that does not want a wal-mart. It will be a big debate between the two sides, and I look forward to see what happens.

Thursday, October 17, 2013

Last week of blogging before midterms! Wow, this semester is going by fast! We studied and practiced graphing supply. I honestly really enjoy doing graphing for supply and demand. Today was also the last day for stocks, and I finished in like 13th place. Haha. It was really fun being able to watch stocks, and buy and sell them. I think it was made 10 times better because of the government shut down. Now, if it was real life and my real money, I wouldn't have wanted the shut down to happen and to ruin my stocks. But because it's just a game, it was really cool to see the stocks fall because of the shut down, but then quickly raise. Also, I was impressed by Apple because when the new iPhone 5s and the 5c came out, AND the iOS 7, their stocks went sky high!
Well, last blog before mid terms. And I wish everyone luck on their tests! :D

Thursday, October 10, 2013

This past week in economics, we studied elasticity of demand. We also got into groups of three or four (chosen by Mrs. Weser) for a tourism project. My group was Ray and Nick Z. We chose to advertise Pete and Joe's Pizza Palace and we came up with many creative things. We also learned how to calculate the percentage change in quantity demanded, the percentage change in price, and elasticity. It was easy to learn. The stocks in the beginning of the week dropped majorly, but by today (Thursday), they rose back up again.