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.

Thursday, October 3, 2013

This week, Economics was great, it was nice and quiet and nothing much but a few notes and group work. On Wednesday, the honors student's movie projects were due. Mine was about the life of free enterprise. We started talking about the "demand" side of "Supply and Demand". The class split into small groups and we made short advertisements of why someone should buy something from our chosen business. My group had a jingle about the bookstore's sale, three books for $10.