INTRODUCTION
Throughout Economics 12, you all have been working on the learning of Economics concepts and applications using a number of diverse resources and tools, cumulating in several projects and results. For example, the Okanagan Project, Creating a company, and the Money Project. This final activity in this course will challenge students to produce and explain/describe a small collection of sources of Economics learning that they would recommend to future students.
INSTRUCTIONS
Students will compile a list of 10 sources of Economics learning that they would recommend to future ECONOMICS 12 students, and explain why each one is a source of Economics learning.
Keep in mind the following details:
Sources of media should include:
1 movie (English)
2 TV shows
2 YouTube videos or channels
1 book
2 websites
1 free online course
1 online business news source
For each media source…provide a website link (where available)
write a 75-100 word explanation for each source, describing how it is a valuable source of Economics learning
Display your suggestions either in a Word or PPT document and email your PowerPoint to the teacher
EVALUATION & DUE DATE
Evaluation = 100 marks (accuracy & critical analysis)
Due date = Final week of Term 2, Semester 1
Welcome to Mr. Sha's Class! 
Movie -inside job
The movie “Inside Job” take a closer look at what brought about the 2008 depression in United State. It also reveals the deal between the Well street, government and powerful companies. How those companies sell junk bond and result in the financial meltdown. The movie, showing lots of economy concepts by clearly graph. For example, the movie always use many line graphs to demonstrate the data change. It is very helpful to economic students who don’t really understand the concept. On the other hand,the movie’ is really relate to what we learn in the economic class. Like economic recession,oligarchy and stock exchange.
1 book-Freakonomics
When I first read the ‘Freakonomics’, i can’t believe it is a real economic book.this book is totally different to those traditional economic books. In the book, the author takes a different perspective to explain some complex economic questions. For example, how the house agent impact the house price and why the Ku Klux Klan’s members live with their family. If you haven’t read this book, you will never believe how those things relate to the economics
1 online business news-Tips for selling your home in winter
As same as the Freakonomics, this news isn’t like a business news. However, this article provides a new idea to us-how to sell our house use higher price. For example, real estate agency use ‘clearing snow’ and ‘out of sight’ to attract customers. In some areas, beautiful window sight can increase this house price a lot.Snow also suggest that any winter toys or snow equipment like snowblower should be stored in your garage or at the side of people’s houses.
I website—https://www.cbc.ca/news/business
In my opinion,this website is very famous in canada. This website discuss all the economic news around the canada and the world. However, this website is more focused on the canadian’s life. Therefore, it is very helpful to people who live in Canada. On the other hand ,the CBC provide market snapshot and exchange rate.
1 youtube video——what cause the economic bubbles
Itis easily found, all the youtube videos try to help us to understand some complex economic concepts by used more interesting way. This youtube video”what cause the economic bubbles” take advantage cartoon to explain why some goods’ price raising so high even further due to an increase demand or price ceiling. This phenomenon can result in a feedback loop where buyer and seller get caught up in the type and ultimately drive prices far above intrinsic value and creating bubbles
1 economic game—https://economics-games.com/games
This website covers many knowledge points in our economic class. Such as monopoly,price discrimination,perfect competiton and many different interesting hame. In addition, this game website is more focused on the math. Therefore, students need to calculate many data or find the perfect answer for the graph. In my opinion, those games can help us reinforcement of our economic knowledge and made of studying more interesting. The most special in this website is they have competition game. So students can pay more attention in class.
1 website—https://www.ey.com/en_gl
This website is more focused on the global review and the market analyzed. The clear and modern interfacial design make this website more interesting.The website designer use image to replace traditional title and select three best news to recommend each viewer. Id you feel you don’t like those three topics, they also provide various quick links that relate to the most popular topic. This website is not only talk about economics and business, but also discuss many social problems that relate to those economic news. When you read some fantastic news, people can share their opinion to the other person and discuss with them. It is really helpful to create a healthy Internet environment.
Youtube channel-Bloomberg Markets and Finance
This channel is created by bloomberg and focused on financial knowledge and market. All those information are shows by short video. Those videos only 4 to 8 mins but camd give viewer many supporting points and give you a clearer overview. On the other hand, this channel also recommend their own financial TV show ‘Wall street week’. It also the other fantastic tv show. When I first found out about this website,there are so many interesting videos and I can put those videos into my presentation. Compared to many long videos, the Bloonberg video is more suitable for a short presentation. Because it can show more information in a short time.
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movie:The big short
“It’s ain’t what you don’t know that gets you into trouble, it’s what you know for sure that just ain’t so.”This is a quote from Mark Twain in the opening of the film adaptation of the big short, and I think it particularly captures what the author wants to convey in this book.
after the movie
I can’t believe the famous movie is. The acting is phenomenal and the screenplay is amazing. This is also based on a true story movie should be. The Big Short is fully self-aware and just keeps pushing. It keeps the typical Hollywood fluff and then amends it. so that’s why I love this movie from start to finish. But to be honest, most of the financial terminology is over my head, it’s very difficult to understand the plot. But it’s not a big deal, just spend more time to learn that.
TV showers
Mad Money:This movie designed is fun, Its main focus is investment and speculation, particularly in public company stock,presenter Cramer usually starts his shows saying this,“ I just want to make you money, because my job is not just to entertain you, but to educate and teach you.”Jim Cramer tech how to invest stocks, so, I really enjoyed this, all of that is very useful, Mad Money is a fun comedy movie, so it’s not too boring while learning knowledge.
Squawk Box
Squawk Box is an American business news TV show,the powerful people in business and politics talk about their important stories.Try to use reasonable way to explain investing knowledge on the meeting.often invite some famous CEOs to the show.the topics they discussed were usually business news,you could learn experience and their own opinions on this TV show.
book:Money Ball
this is a fascinating story about the book is about a guy who is using some econometrics to predict which players will do better in advancing wins. There’s a huge amount of econometric research on baseball. Billy Beane uses data analysis got amazing achievements. this book is not like other traditional economic books, a beginner like me can understand that, and also the plot turns on an interesting story, now there’s a movie adaptation of this book. This is an interesting and informative economics book I have been looking for. So I would recommend it to my friends.
online business news–US and China trade war
The world’s two largest economies countries are in a bitter trade battle.two countries had agreed to a partial trade deal after an 18-month trade war, both sides get billions of dollars of tariffs on each other’s imports.at the beginning US accuses China have unfair trading practices,and also wants China to buy more US goods to offset the difference between how much the US imports from China and how much it exports. the US imposed 10% duties on $200bn worth of Chinese products including fish, handbags, clothing and footwear.and now increasing to 25%.it’s seems like the US is trying to stop China rise as a global economic power.and want more Chinese buy American products.It’s like the US often does to suppress other countries.
Websites that connect to our study:
In my opinion,the websites which are not profound ,have a lot of graph to explain ,for free, provide many useful knowledge would fit us better.
first website is Timetric
A vast bank of economic data and research,it’s very convenient ,can be used to find data to prove a conclusion，and totally for free!
second website is Econoclass
Econoclass offers many interactive games, simulations and activities that teach you important economics lessons while having some fun. this is a good website for high school student,they can learn with interest and obtain the better study effect.
youtube video –The Historic Economy of China
is about china’s economy growth. The second largest economy in the world, home to the largest population in the world and the most aggressive economic expansion in modern history.Over that period China has undergone from an agrarian society to an industrial powerhouse.china has changed a lot since my parents were young.and i think Chinese economy can continue to see strong levels of growth.
economic games
https://economics-games.com/games
a classroom games for teaching economics,i very like it because it’s for free, ready to play, nothing to install, no need to register! it’s too much trouble for me to register,so that’s why i chose this from several excellent online eco games.there are 14 simulations to play alone,such as Competition Game: Impact of fixed costs and capacity constraints on price and profit, with differentiated goods.i feel like it’s very close to what we learned.and also have the 48 multiplayer games, that better than i expected,so many choice here and it’s very suitable to play with classmates in class.
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https://www.thebalance.com/best-economics-books-4686729
https://www.independent.co.uk/extras/indybest/books/non-fiction-books/best-economics-books-a7487521.html
https://www.imdb.com/list/ls062253858/
Click to access Economics_Movies_0.pdf
https://www.imdb.com/title/tt8450534/
https://www.investopedia.com/articles/investing/083115/8-best-business-and-finance-tv-shows.asp
https://variety.com/2019/tv/news/this-giant-beast-that-is-the-global-economy-review-amazon-1203142017/
https://economics-games.com/games
http://www.timetric.com/
http://www.econoclass.com/
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Movie
The bank
https://www.imdb.com/title/tt0241223/
This movie is about Jim Doyle (David Wenham) a maverick mathematician who has devised a formula to predict the fluctuations of the stock market. It is easy for the students who began to learn economics to mix up the terminology, so
I recommend this movie because this movie showed the market structure, and it is really helpful for the students who start learning economics. The movie showed the strategies of analysing business cycles, built the concepts of stock markets for beginners and also told people how stock markets work.
2 TV shows
Bloomberg Global News
https://www.bloomberg.com/canada
Started streaming on Nov 6, 2018，Bloomberg Global News brings you live coverage of the markets open and close, plus everything you need to know across business, finance, technology, politics and more daily. In my point of view, knowledge needs to connect with true life.while leaning economics, you can watch this TV shows for reviewing and combining the book to live. So this is the reason why I recommend this TV show.
CNBC-TV18
https://www.cnbctv18.com/
This is India’s No.1 Business medium and the undisputed leader in business news. The channel’s benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India’s most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.
2 YouTube videos or channels
Economics
This is a big channel which is strongly interlinked the course we have in school. And it gives you a lot of examples to help you understand the terminology. The reason why I recommend it is my economics teacher Mr.sha showed several videos of Economics to us. And I know that this is really helpful for me, especially for international students. Not only it can help to improve your English level, but also helps you to become familiar with Economics.
The Economist
https://www.youtube.com/user/EconomistMagazine
The Economist is an English-language weekly magazine-format newspaper owned by the a Economist Group and edited at offices in London. Continuous publication began under its founder James Wilson in September 1843. The Economist takes an editorial stance of classical and economic liberalism that supports free trade, globalisation, free immigration and cultural liberalism. The publication has described itself as “a product of the Caledonian liberalism of Adam Smith and David Hume”. It claims an audience containing many influential executives and policy-makers. The publication’s CEO described this recent global change,which was first noticed in the 1990s and accelerated in the beginning of the 21st century as a “new age of Mass Intelligence”.
1 Book
The Crowd： A Study of the Popular Mind
https://en.wikipedia.org/wiki/The_Crowd:_A_Study_of_the_Popular_Mind
《The Crowd： A Study of the Popular Mind》 describes the general characteristics of group psychology in detail, and analyzes the psychological, moral and behavioral characteristics of people in the state of group. It explains why the group often presents the characteristics of “blindness”, “impulse”, “fanaticism” and “credulity”, and how the rulers use these characteristics of the group to establish and consolidate their own rule. Economics is all about the individual choice, this book helps you to analyze what kind of choices people in the society will make. I recommend this book for the students who are going to learn business stuff.
2 website
TMX
https://m-x.grid.inovestor.com/Authentication
It is the Toronto Stock Exchange is a stock exchange in Toronto, Ontario, Canada. It is the 9th largest exchange in the world by market capitalization. Based on the EY Tower in Toronto’s Financial District, the TSX is a wholly owned subsidiary of the TMX Group for the trading of senior equities.This is the website which helps me understand stock markets a lot. You can insert your fake money in the fake stock market which have true data. I learn a lot on this website although they’re fake money. This gave me a sense of achievement of learning Economics, and it helps me to learn how to analyze a company’s previous stock and its future value. It will be a good game for you to play and learn economics stuff.
Sofia’s blog
This website is made by myself, and this is for the person who will join Economics class in high school. This website has 2 parts: Career Life study part and Economics part. By the way, you can see my project on Career Life part if it is helpful to you. I recommend the Economics part. I put a lot of resources on it which would help you begin you economics study process.
1 free online course
This course is for students who are going to learn economics and business. I highly recommend this for the students who do not have any concepts about their future economics or business students direction. This course will tell you what you will study in business, what you will do in your business live. It builds a stable construction of whole business study, including the terminology and the relationship between them. (New students don’t need the details of each terminology, the most important thing is to know what is business and economics)
1 online business news source
https://www.ft.com/
Financial Times
DescriptionThe Financial Times is an English-language international daily newspaper owned by Japanese company Nikkei, Inc., headquartered in London, with a special emphasis on business and economic news. Actually it is an online economics newspaper. The reason why I recommend it is students need to connect knowledge with truth. So that they will really understand how the economy systems work. This website has the latest news and a clear homepage, so that students won’t get missed in this website, and they can find what they want to know easily.
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