Learning Standard 12.2

Choose any of the following to supplement assignments done in class:

Chapters 5-7

Students must complete:  Identifying key terms, Reviewing Facts, Thinking Critically, Applying Economic Concepts, and Math Practice. 

*** This assignment must be attempted to receive credit 2.

http://www.econedlink.org/lessons/index.cfm?lesson=EM552 As a final project, you will select a current consumer boycott and create a promotional piece (pamphlet encouraging others to boycott.) telling others why the market action deserves their support.

Follow the directions listed in the website under "Process." A well done pamphlet can be worth up to 5 assignments

(a) Go to the website: http://ecedweb.unomaha.edu/Dem_Sup/demand.htm and complete the clothes activity. Answer these questions:

1. Review Bob's decision process. What are these elements or determinants of amount purchased?
2. Consider each of these elements or determinants individually (one at a time): if that determinant increases, how does that affect the amount of the good that is purchased?

(b) Create a visual or "Power Point" that depicts how domestic and international competition in a market economy affects goods and services produced and the quality, quantity, and price of those products. Possible ideas include how sweatshops, taxes, tariffs, or trade alliances affect trade.