review quiz for 2nd marking period quiz: the stock market and investment

commodity

Dow Jones

NASDAQ

NYSE

S & P 500

growth, income, value, cyclical, counter cyclical, common, preferred and blue chip stock

dividend

ask

bid

bull and bear market

insider trading

SEC

share

shareholder

volume

growth

audit

NYSE

beta

campaign financing

trend lines

Stock Market Controversies Debate Prep

Greetings Seniors,

I had some trouble with my home computer this weekend so wasn't able to get the blog up sooner than Sunday night, which is not a fair amount of time to expect you all to complete a thoughtful assessment. Therefore, the ACTIVE READING ASSIGNMENT from Friday's class is still due, but the following choice assessment will be due before class on Wednesday, March 25. If you were absent on Friday, please print and actively read article A for class tomorrow.

Based on the article and notes you prepared for this week's debates on Stock Market Controversies, respond to the framing question that you were assigned:

a) Should Congressional insider trading be allowed?http://insidertrading.procon.org/viewanswers.asp?questionID=1314\

b) Should the Big Three automakers be bailed out by congress?

http://bigthreeauto.procon.org/viewresource.asp?resourceID=2026

your response may take the format of

• a narrative blog assignment (250 word minimum)


• a pro/con graphic organizer (include at least FIVE statistics/ facts supporting each view)


• a political cartoon portfolio including either TWO original cartoons of your own design showing each side reflecting the main ideas of the reading or THREE relevant cartoons found on the internet (citations included) with summaries of their main ideas.

Review terms/ concepts for Friday's Quiz

(Note: this image is entitled "market genius"- do you know why?)

VOCABULARY:

opportunity cost

trade-off

aggregate equilibrium

aggregate growth

aggregate demand

aggregate supply

business cycle

public works

regulation

deregulation

reserved powers

inflation

infrastructure

Classical economic theory

Keynesian economic theory

interest

deficit

Federal Reserve

asset

asset bubbles

Be familiar with/ know examples of:

-stimulus package plans and criticisms

- periods of economic recession and recovery in US history (Great Depression/ New Deal; New Frontier and Great Society; Dot-Com boom; Reganomics, etc.)

pros and cons of stimulus package links

http://www.newyorker.com/talk/financial/2009/01/26/090126ta_talk_surowiecki

Researching and assessing the Stimulus Package

In order to facilitiate in-depth exploration of the provisions for GDP spending (and, hopefully, economic recovery) as outlined in Obama's congressionally approved 2009 stimulus package, please actively examine the following reources:

1) Article : "This isn't your run of the mill recession"

http://edition.cnn.com/2009/POLITICS/02/09/obama.news.conference/index.html#cnnSTCOther1

2) Breakdown of GDP spending as proposed in the plan (chart):

http://edition.cnn.com/2009/POLITICS/02/09/obama.news.conference/index.html#cnnSTCOther2

3) Read an article regarding the topic you were assigned in the second half of class (A Block and students who missed Friday's class: , read the artilce indicated by the "last names start with the letter" heading appropriate for you):

education (A-C)http://blogs.harvardbusiness.org/on-innovation/2009/02/obamas-education-stimulus-isnt.html And/ or http://www.eschoolnews.com/news/top-news/?i=57333

energy (D-F)http://www.latimes.com/business/la-fi-stimulus-green18-2009feb18,0,5194715.story

transportation and public works (G-I)http://www.forbes.com/feeds/ap/2009/03/06/ap6135687.html

taxes (J-L) ( you only have to read one, but are ENCOURAGED to read both articles)

citizens - http://www.cbsnews.com/stories/2009/02/16/personalfinance/main4804729.shtml?source=RSS&attr=_4804729

businesses- http://online.wsj.com/article/SB123630457644747709.html

health care (M-O)http://www.cjr.org/campaign_desk/what_the_stimulus_package_hold.php

employment: (P-R) http://www.cnn.com/2009/POLITICS/03/06/obama.stimulus/

poverty releif (S-Z)http://uspoverty.change.org/blog/view/taking_stock_of_obamas_stimulus_package_part_i

4) Share your observations on the stimlulus package overall and the specific component of GDP spending that you read about in the third source.

• Explain the positive and negative aspects of these plans and provide your insight on what economic reforms would be wise to improve conditions in this aspect of the US economy.

• Is this a keynesan or classical solution to the current economic crisis? Explain your answer.

5) post a discussion question for further exploration in class - we'll be debating these issues later on this week.

Reminder: all work for this MP is due Wednesday, March 11. This blog is due Monday, March 9. Minimum of 250 words.