Industry Analysis Part #5 - Labor and your industry

The labor market is important to all industries.  Your task is to analyze the labor market in your industry.  Look for information on the following topics

• name of union if one, union dues cost
• average employee salary
• future outlook of work in the industry
• level of training required for the industry - skill level
• specific examples of worker issues during the past 10 years
• Current demand for jobs
• Current supply for jobs

Weekly Plan 4/18 - 5/6

Monday - TE ch 5.3
   LO - SWBAT - discuss the cost and benefits of minimum wage laws
Tuesday - Ch 5 discussion
  LO - SWBAT - list specific elements of labor and increasing their human capital
Wednesday - Ch 5 Discussion - labor unions
   LO - SWBAT - describe the requirements to start a union
Thursday - TE ch 5.4
  LO -  SWBAT - list the advantages and disadvantages of joining a union
Friday - Industry  Assignment #5 - labor unions
LO - SWBAT -  site union impact in their specific industries

Monday - TE 5.5
  LO - SWBAT list two effects of wages increase on the labor market
Tuesday - Review ch 5, practice test
  LO - SWBAT write short summaries on ch 5 topics
Wednesday - labor Union Discusson - Croxford
  LO - SWBAT demonstrate labor market knowledge on an exam
Thursday - Investing Guest speaker - Mike Nichols
  LO SWBAT write checks, post to a bank register
Friday - Test Ch 5
  LO SWBAT explain one investments risk factor

Monday-Intoduction to bank account - Ellis gone all day
  LO - SWBAT reconcile a bank account with five transactions
Tuesday- Reconcie Bank Accounts-  Ellis gone all day
  LO - SWBAT explain the three different types of insurance
Wednesday- Industry Research day- Ellis gone all day
  LO - SWBAT describe specific advantages and disadvantages of three different investments
Thursday - Ch 7 overview
  LO - SWBAT describe basic components to market competition
Friday- TE ch 7.1 Market structure
  LO - SWBAT identify four market structures

Econ Discussion #7 - labor equality

Recently a Wal-mart lawsuit that women employees at Wal-Mart earned less than male employees hit the supreme court.  In a speedy historic decision, the supremen court did not rule in favor of women.

Here is the discussion. 

1. Have you ever been discriminated - age, gender, religion, ethnic?
2. What should the U.S. do to eliminate discrimination?
3. Are we doing enough?
4. What is your opinion of the supreme court decison?
5. Do you fear discrimination in your next 15 year future?

Background article

Supreme Court Decision

Interview with woman who originated lawsuit

Weekly Plan 4/4 - 4/15

Monday - TE Session 3.10 Price effect vs Quantity effects
   LO  - SWBAT understand the difference between elasticity of price and quantities
Tuesday - TE Session 3.11 Price ceilings and price floors
  LO - SWBAT explain how price floors and ceilings disturb market equilibrium
Wednesday - Review in class
Thursday - Test 3.7 - 3.11
Friday - End 3rd Quarter

Monday - Introduction to labor markets
  LO - SWBAT explain the key points in labor negotiations
Tuesday -   (Ellis gone all day)  TE 5.1 Labor in the Economy
  LO - SWBAT explain how incentives effect labor markets
Wednesday -   (Ellis gone all day) TE 5.2  Changes in Labor Supply & Demand
  LO - SWBAT list and describe three determinants for Demand and two for supply
Thursday -  1/2 Day parent Conferences  (Ellis Gone all Day)  TE 5.3 Government effect on labor
  LO - SWBAT discuss the cost and benefits of minimum wage laws
Friday - No School

Econ Discussion #6 - New Markets

With the NFL players and owners locked out, what will the U.S. do this fall?  Will new markets open up?  Will fans watch games with replacement players?  What will advertisers do? Will companies promote on other shows? or will they stop promotion?  What will the networks do?

Read the following article

NFL advertisers

Post your opinion on what the possible loss of a NFL season will mean to the U.S. Economy

Econ Discussion #5 - Japan recovery

As one of the largest natural disastors hits Japan, the economic impact will be signigicat.  Find information on your own that details the economic impact.  Look at your industry and try to determine the impact to your industry.  Post comments about economic impact to Japan and any foreign markets.  See if you can find something on Klamath County impact.

The links below are a good start.  The first link is just video footage of the actual earthquake.  The second link is a website that has several articles on economic impact.  Most numbers will change drastically over the next few weeks.


Earthquake footage 

Collection of Economic impact articles

Weekly Plan 3/14 - 3/18 3/28-4/1

Monday - TE Session 3.6
   LO - learning about difference between Qty Supplied and Supply
Tuesday - Review Session 3.1-3.6
  LO - learning key points covering 3.1 - 3.6
Wednesday Test Session 3.1 3.5
  LO - applying learned knowledge in exam
Thursday - Industry Research - Elasticity
  LO  - learning how price affects Demand
Friday - Stock Market simulation
  LO  - learning how to purchae and research stocks as investments

Monday - TE lesson 3.7 - magic of markets
  LO - learning how markets affect each other
Tuesday - TE lesson 3.8 Change in S/D market analysis
  LO leaning how supply and dmeand affect each other
Wednesday - Supply and Demand analaysis discussion
  LO - learing throgh graphing how supply and demand interact
Thursday - Industry discussion - elasticity of demand
  LO - learning current examples of elasticity in various markets
Friday - TE lesson 3.9 Changes in S/D market analysis
  LO - learning how to intrepret changes in markets