2 thoughts on “Economics 12- Get a Pencil. You’re Tackling the Deficit”
movie: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 about four people after insight into the American mortgage market, they short the housing market in their way. then These shrewd and skillful men make a big money by taking full advantage of the impending economic collapse in America. short housing market just like a gamble that bet house prices will fall, then buys the houses in advance, wait for prices fall to earn the difference.i think this movie is good for learn economy because is a modern Great Depression.i get the housing bubble definition and could be “short” the securities involved in the bubble and end up making a great fortune.
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.
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.So the advantage for economy learning is keep touching the economic news.
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. this is the good choice to learn by listening the business discussing the economic.
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. the protagonist Billy Beane uses statistical analysis to list a huge amount of econometric research on baseball players. In the end, he put together a team with the best statistics. 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. 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.in the beginning, the 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 increased to 25%. China had responded by imposing a retaliatory tariff on US goods valued at $110 billion. it seems like the US is trying to stop China’s rise as a global economic power.and want more Chinese to buy American products. It’s like the US often does to suppress other countries. And the Impact of a Global Trade War on the Economy is they could increase the serious global recession in the years to come, also lead to the raise of tariffs and economic growth being slower. This economy news is easy to understand and discuss because it’s a common things for our Chinese student. So, that’s why i choose this news,it also let me know more about customs duties.
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. this is prepare for economy course to learn knowledge ,has the different level economy topics.So that’s a really good website.
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.
youtube video
This video is explain the meaning of housing bubbles.It’s People buy more houses to sell then make money ,But failed to achieve.For example,The Japan housing bubble of the 1990s was due to extremely low bank loans and interest rates ,then they all go buying house investment.Thus the housing price go up,So the government raised interest rates.they actually push up the price of houses by increasing the demand. Housing bubbles can cause lots of problems in the economy.If people can’t repay,then will happen a financial crisis This video only 3 mins but give many supporting points and give you a clearer overview.
Welcome to Mr. Sha's Class! 
movie: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 about four people after insight into the American mortgage market, they short the housing market in their way. then These shrewd and skillful men make a big money by taking full advantage of the impending economic collapse in America. short housing market just like a gamble that bet house prices will fall, then buys the houses in advance, wait for prices fall to earn the difference.i think this movie is good for learn economy because is a modern Great Depression.i get the housing bubble definition and could be “short” the securities involved in the bubble and end up making a great fortune.
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.
LikeLike
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.So the advantage for economy learning is keep touching the economic news.
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. this is the good choice to learn by listening the business discussing the economic.
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. the protagonist Billy Beane uses statistical analysis to list a huge amount of econometric research on baseball players. In the end, he put together a team with the best statistics. 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. 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.in the beginning, the 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 increased to 25%. China had responded by imposing a retaliatory tariff on US goods valued at $110 billion. it seems like the US is trying to stop China’s rise as a global economic power.and want more Chinese to buy American products. It’s like the US often does to suppress other countries. And the Impact of a Global Trade War on the Economy is they could increase the serious global recession in the years to come, also lead to the raise of tariffs and economic growth being slower. This economy news is easy to understand and discuss because it’s a common things for our Chinese student. So, that’s why i choose this news,it also let me know more about customs duties.
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. this is prepare for economy course to learn knowledge ,has the different level economy topics.So that’s a really good website.
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.
youtube video
This video is explain the meaning of housing bubbles.It’s People buy more houses to sell then make money ,But failed to achieve.For example,The Japan housing bubble of the 1990s was due to extremely low bank loans and interest rates ,then they all go buying house investment.Thus the housing price go up,So the government raised interest rates.they actually push up the price of houses by increasing the demand. Housing bubbles can cause lots of problems in the economy.If people can’t repay,then will happen a financial crisis This video only 3 mins but give many supporting points and give you a clearer overview.
LikeLike