FLVS Economics
Assignments, Essays, and Projects by Morgan Steele
RSS Feed Search
Module 6 Project
06.05 Questions
1. Each solution meets the criteria because they are all viable options to reducing overpopulation of animals because it either limits the birth rate of the animals or helps house the extra.
2. The best solution to the problem is to have your pets spayed or neutered. It keeps shelters from over-crowding and having to euthenize pets and also keeps strays off the roads.
13 years ago Short URL Comments
Module 6: Project Milestone 2
| Subject | Guiding Questions | Your Responses |
|---|---|---|
| Consider all possible solutions or alternatives.
| 1. Three possible solutions to combat pet overpopulation would be more pets spayed/neutered, restriction on amount of animals allowed by one person, and building bigger shelters for pets. 2. Some people don’t agree with spaying and neutering their pets. | |
| Calculate the consequences of these solutions—both intended and unintended at all levels of the economy. | 1. One positive externality would be less money being spent towards shelters (supplies, euthanasia, etc.) 2. Spaying and neutering would reduce the amount of unwanted animals. Secondly, limiting the amount of animals would help the government to regulate pet population. And last, building bigger shelters would help against overpopulation. 3. The externalities that could result from the solutions include less money spent towards supplies for shelters, allows government to regulate pets better, and give more room to the shelters for extra pets. |
Module 6: Project Milestone 1
Pet Overpopulation Flow Chart
| Subject | Guiding Questions | Your Responses |
|---|---|---|
| Define the situation or problem | 1. Pet overpopulation affects the community by making it difficult for shelters to accommodate the number of pets that there are because of the cost. 2. They agree that pet overpopulation is a problem that has gotten out of hand in our community… especially my mom. | |
| Construct a circular-flow diagram that incorporates effects of your chosen issue on economic products and various sectors of the economy. | 1. It causes problems because stray pets wander onto highways and onto property causing damage to cars and private residences. 2. People lose business when there are stray, mangy animals walking around on their property. No one likes that. 3. It affects the government because the government supplies funding and equipment for local shelters to take stray dogs in. Because there are so many of them, the government can’t afford to care for all the animals. “Four million cats and dogs—about one every eight seconds—are put down in U.S. shelters each year.” -Humane Society of the USA 4. If affects the rest of the world especially in smaller countries that can’t afford to care for the strays by causing an economic burden because of the cost of caring/euthanizing the animals. 5. This issue causes shortages of space and money in shelters, not allowing them to perform normal services to regular animals because of the over population of the shelters. |
Module 5 Project
Lesson 05.08 Questions
Short Response
1. Which country do you think would have the best chance in meeting their economic goals from expanding trade with the United States? Incorporate a minimum of three economic indicators from 05.03 in your response.
Australia would have the best chance of meeting their economic goals from trading with the US. They would maximize resources and be more efficient, they would continue economic growth by increasing overall output of economic products, and they would have security from being able to have resources and materials during a crisis.
2. Based on your information about comparative and absolute advantage, explain which country the United States would benefit from trading with the most and why.
The US benefits from trading with Australia because we already have a free trade agreement with them and we get things like meat, coal and gold from them.
3. Considering the economic systems of your chosen countries, which country do you think would be the most open to trade with the United States and why?
Australia would be the most open to trade because their economy is much more stable than Greece.
4. Considering your research and data on barriers to trade and free trade zones, which country would be easier for the United States to trade? Explain including a minimum of two pieces of evidence.
It would be easier to trade with Australia because we already have a free trade agreement and also because they have one of the most stable economies right now.
5. How does inflation impact the society of your chosen countries?
Inflation impacts Australia and Greece by not allowing America to buy as much because the spending power of a dollar is decreased.
Extended Responses
6. What other issues should the United States consider before entering trade negotiations? Examples may be human rights concerns, war, geography, other political issues, malnutrition or disease, transportation, or climate. In a minimum of one paragraph, discuss why these issues should be considered before beginning trade negotiations.
Before the US enters a trade agreement, they should consider the location and, therefore, the cost of transportation to and from the country they’re trading with. Secondly, they should consider political status of the country to make sure that they are conducting legal practices with other countries. Also they should consider the economic standing of the country to determine if the country is stable enough to trade with.
7. To finalize, which country do you think would be a better trade partner for the United States at this time? Identify at minimum of three pieces of evidence that supports your decision. Explain.
The country that I think would be a better trade partner with the US at this time would be Australia because they have a broader selection of produced goods, their economy is more stable, and therefore, more likely to hold their end of the agreement and there is already a free trade agreement established.
Lesson 05.06
1. What is the current rate of inflation for the United States and your chosen countries?
United States – 3.4%
Greece – 2.9%
Australia – 3.5%
———————————————
Headline: Russian challenger urges joint currency with EU
Summary: Right now in Russia there is a very wealthy prime minister candidate trying to promote a global currency which uses only Euros.
Vocabulary:
Sovereign Democracy – a society’s political life where the political powers, their authorities and decisions are decided and controlled by a diverse Russian nation for the purpose of reaching material welfare, freedom and fairness by all citizens, social groups and nationalities, by the people that formed it.
Common Currency – used to say that something is used by a lot of people or accepted by everyone.
European Union (EU) – an economic and political union of 27 member states which are located primarily in Europe.
Application: If Mikhail Prokhorov is elected and passes a nationwide currency for Russia, investments through Russia would change currency as well, changing their value.
Citation: “ Russian challenger urges joint currency with EU.” Associated Press (December 29, 2011). http://www.google.com/hostednews/ap/article/ALeqM5gCbQAtLGR2HTYO9kQ4Ky3sSvJGaQ?docId=c043ea03992947e098d9166e39e33d70
Module 5 Project (Milestone 2)
Lesson 05.04
1. What industries are the most prominent in this country?
United States – Agriculture
Greece – Shipping
Australia – Dairy
2. Based on your research, through which products or industries might the country enjoy comparative advantage?
United States – Civilian aircraft
Greece – Sugar, coffee, and shrimp
Australia – Coal, gold, and meat
3. Does the United States already have a trade relationship with the country?
Greece – No
Australia – Yes (AUSFTA): lamb meat, sugar
Lesson 05.05
1. Compare and contrast the economic freedoms of your chosen countries.
Greece has the lowest economic freedom on the globe and Australia is very limited as well due to each country having budget deficits of billions of dollars.
2. Describe what trade barriers exist within your chosen countries.
The trade barriers that exist in Australia are technical oversees trade barriers and in Greece they are non-tariff trade barriers.
3. Is the country a member of any free trade zones?
Australia – Yes (AUSFTA)
Module 5 Project (Milestone 1)
Lesson 05.02
Name, location, geography
1. Topographical Map
United States
2. Geographic features that impact production and trade.
United States
- Mountain ranges (Appalachian, Rocky)
- Rivers (Mississippi, St. Johns)
- Oceans (Aegean, Ionian)
- Mountains (Voras, Zarkos)
- Deserts (Gibson, Great Victoria)
- Oceans (Indian, South Pacific)
- Great Barrier Reef
Economic System
United States – Mixed Economy
Greece – Market Economy
Australia – Market Economy
United States – John Maynard Keynes (Capitalism protected by the government)
Greece – Adam Smith (Anti-government)
Australia – Adam Smith (Anti-government)
United States – $14 trillion dollar deficit, recession, no money
Greece – debt crisis, inflation of currency, job unavailability
Australia – stable and competitive, consecutive growth since 1992
Lesson 05.03
Economic Indicators
1. Current rate of unemployment
United States – 9.1%
Greece – 15%
Australia – 5.3%
2. Current rate of GDP per capita
United States – $47,184
Greece – $26,934
Australia – $42,131
3. Current EFW Index
United States – 7.6
Greece – 6.5
Australia – 8.0
4. Current balance of trade
United States – -44808.00
Greece – -2561.10
Australia – 1826.00
Government Set Gas Prices
As gas prices continue to rise, many Americans find themselves thinking of ways to make driving more affordable. One way, in particular, is by having the government set a permanent gallon price for gas. Some agree with this proposition and some oppose. One thing we can all agree on, however, is the need for oil prices to decrease.
A standard gallon price for gas would make the economy more unstable. It would cause the push for gas-efficient vehicles to decrease, and it could potentially cause gas shortages among oil companies.
If the government were to set gas prices at a permanent and fixed price the economic problems that would cause would be catastrophic. One of these problems that would arrise would be an imbalance would be formed within the economy between the peoples demand for gas and the available supplied by the government. In order to have a permanent gas price the government would have to set the price at a low enough price so that the majority of Americans could afford the gas. In doing this the price of oil from the oil companies would still continue to rise while the price at the pump would remain constant and over time the price of oil would surpass the price at the pump and a deficit would then be created causing other prices and taxes to rise to compensate.
Over the last ten or so years there has been a strong push from the American people, congress, and even companies for the auto industry to make models with a higher fuel efficiency. If the government were to set a fixed price for gas this would make the American people less focused on buying fuel efficient vehicles because gas wouldn’t be rising.
Lastly, a fixed price for gas set by the Government would not be a good idea because it would ultimately lead to shortages in gas for people to buy. Once the price for oil exceeds the price the government is charging for gas the government would have to reduce the amount of oil being purchased and would therefore create a shortage throughout the nation.
Create a free website or blog at WordPress.com.
- Already have a WordPress.com account? Log in now.
- Subscribe Subscribed
- Report this content
- View site in Reader
- Manage subscriptions
- Collapse this bar
Get the Reddit app
An un-official subreddit for Florida Virtual School students.
Economics 3.05
Has anybody taken economics with financial literacy? The assignment 3.05 the fed and monetary policy, is confusing as hell. (I can’t find any resources for what monetary/fiscal policies can be used). Theirs nothing on coursehero or rflvs so it’s probably a new assignment
By continuing, you agree to our User Agreement and acknowledge that you understand the Privacy Policy .
Enter the 6-digit code from your authenticator app
You’ve set up two-factor authentication for this account.
Enter a 6-digit backup code
Create your username and password.
Reddit is anonymous, so your username is what you’ll go by here. Choose wisely—because once you get a name, you can’t change it.
Reset your password
Enter your email address or username and we’ll send you a link to reset your password
Check your inbox
An email with a link to reset your password was sent to the email address associated with your account
Choose a Reddit account to continue
- FLVS Full Time (Focus)
- County Virtual Schools
- FlexPoint Virtual School
- Create Parent/Guardian Account (Flex)
- Select Language English Spanish Creole
High AP Macroeconomics
Number of credits, estimated completion time.
1 segment / 16-18 weeks
Earliest Start Date
September 2024
Pre Requisites
Algebra 1 recommended
Description
In this course, students establish the fundamentals of economics, with a survey of scarcity, opportunity cost, supply, demand, and market equilibrium. They then zoom out to the largest scale of economic analysis, learning the indicators of whole countries’ economic health, specifically gross domestic product, unemployment, and price level. With that foundation, the rest of the course looks at fiscal and monetary policies, their consequences, and the basics of international trade and the foreign exchange market. Besides being intentionally prepared for the AP Exam, students will gain a much deeper understanding of the world around them, the roles that government and banks play in an economy, and the economic outcomes generated by their policy decisions.
Follow the link below for the Department of Education description of this course:
https://www.cpalms.org/Public/PreviewCourse/Preview/4539
Follow the link below for the College Board description of this course: https://apcentral-stg.collegeboard.org/pdf/ap-macroeconomics-course-and-exam-description.pdf
Note: This course meets the Economics high school graduation requirement.
Topics and Concepts
Module 1: Basic Economic Skills and Concepts
- Opportunity cost and the production possibilities curve (PPC)
- Comparative advantage and gains from trade
- Market equilibrium, disequilibrium, and equilibrium changes
Module 2: Economic Indicators and the Business Cycle
- Circular flow and gross domestic product (GDP)
- Limitations of GDP
- Unemployment and its measures
- Inflation and price indices
- The costs of inflation
- Real v. nominal GDP
- Business cycles
Module 3: National Income and Price Determination
- Aggregate demand (AD)
- Multipliers
- Short-run aggregate supply, long-run aggregate supply, and equilibrium in the AD–AS model
- Short-run changes in the AD–AS model
- Long-run self-adjustment
- Fiscal policy
- Automatic stabilizers
Module 4: Financial Sector
- Financial assets
- Nominal v. real interest rates
- Money: its definition, measurement, and functions
- Banking and the money supply
- The money market
- Monetary policy
- The loanable funds market
Module 5: Long-Run Consequences of Stabilization Policies
- Short-run consequences of fiscal and monetary policy actions
- The Phillips curve
- Money growth and inflation
- Government deficits and national debt
- Crowding out
- Economic growth
- Public policy and economic growth
Module 6: Open Economy—International Trade and Finance
- Balance of payments accounts
- Exchange rates
- The foreign exchange (FOREX) market
- Effect of changes in policies and economic conditions on the FOREX market
- Changes in the FOREX market and net exports
- Real interest rates and international capital flows
Grading Policy
Besides engaging students in challenging curriculum, the course guides students to reflect on their learning and evaluate their progress through a variety of assessments. Assessments can be in the form of practice lessons, multiple choice questions, writing assignments, projects, research papers, oral assessments, and discussions. This course will use the state-approved grading scale. Each course contains a mandatory final exam or culminating project that will be weighted at 20% of the student’s overall grade.***
***Proctored exams can be requested by FLVS at any time and for any reason in an effort to ensure academic integrity. When taking the exam to assess a student’s integrity, the exam must be passed with at least a 59.5% in order to earn credit for the course.
Advanced Placement Policy
Students entering high school grades 9-12 have access to Advanced Placement courses that may result in earning college credit for high school coursework. These courses are used to calculate overall Grade Point Average (GPA) and typically count extra in the calculation. These courses are also available at no charge to Florida public school students, whereas they may have a tuition cost if taken in college. (S. 1003.02, F.S.)
A passing grade in the course will be accepted for high school credit. Postsecondary institutions determine college credit awarded, based on the AP Exam score earned. FLVS strongly encourages students who take AP courses to sit for the course AP Exam in May. Florida students shall be exempt from payment of any fees associated with AP Exam participation, with the exception of late test registration fees incurred by the student.
Communication Policy
Ready to start.
Courses subject to availability.
Pursuant to s. 1002.20, F.S.; A public school student whose parent makes written request to the school principal shall be exempted from the teaching of reproductive health or any disease, including HIV/AIDS, in accordance with the provisions of s. 1003.42(3). Learn more about the process and which courses contain subject matter where an exemption request can be made.
IMAGES
VIDEO
COMMENTS
C. Most trade happens because of comparative advantage; this is due to the fact that some countries produce faster and more cost efficiently than others. Naturally the country with higher efficiency in a specific resourse will then specialize respectively. This is what trade depends on. This also benefits each country within the trade agreement ...
3.04 honors assessment; Related documents. 2.05 maximising profits- honors; flvs economics 2.5 honors; Creating Graphs Student Assignment; Anheuser Busch Company Outline; Student input brochure template; Creating a New Budget Student Assignment; Preview text. Save, Invest, or Spend—HONORS. Investment Data Sheet.
Students also viewed. 02.01 Circular Flow; 02.02 Factors OF Production; Kami Export - project-planning-retirement-student; 4.05 Honors Assignment; 1.02 (updated) - idk
Most trade occurs because of comparative advantage because the countries that trade will benefit from each other instead of one country controlling all the trade. This occurs even if one of the countries have better efficiency in producing the goods to trade. For example, South Africa and the United States could trade; South Africa giving the U ...
Economics. 999+ Documents. Students shared 1690 documents in this course. Level Standard. ... Flvs; People's Pie Extension Pack Lesson Plan; Unit 1 Formative Economic Systems Comparison; ... Assignment 3R - EL5733; Dollars & Sense Expense Sheet; Cnbc - interest rates; Related documents. Foxbusiness - taxes;
Economic decisions affect us every day of our lives. Understanding economics means thinking about how scarcity, or limited resources, requires us to make choices and evaluate our options. In this course, you will recognize examples of economics in your daily life. You will understand how the economic choices of larger groups, like businesses ...
English 4 dba 5.04 and economics 1.05 please help. for economics, if you're talking about the market price assignment i like to write about pop culture because it's something i can easily write about. i talked about the selena and hailey drama and how its caused an increase in demand for selenas rare beauty products. if u dont wanna write about ...
Demand decreases—the curve shifts to the left. Expectations of price. Example: People hear that the price of Nike shoes will go up in the future. They buy more shoes now. Demand increases—the curve shifts to the right. Study with Quizlet and memorize flashcards containing terms like Microeconomics, macroeconomics, economist and more.
Lesson 05.05. 1. Compare and contrast the economic freedoms of your chosen countries. Greece has the lowest economic freedom on the globe and Australia is very limited as well due to each country having budget deficits of billions of dollars. 2. Describe what trade barriers exist within your chosen countries.
Benefits and costs of free trade Costs: 1. Unemployment rate will rise in US 2. Weaker countries can be taken advantage of more easily Benefits: 1. Get items cheaper 2. Creates allies with other countries, helps prevent countries from attacking one another. 5.05 Should Free Trade
Quizlet has study tools to help you learn anything. Improve your grades and reach your goals with flashcards, practice tests and expert-written solutions today.
5.04 Economics Bailey Leach Table 1 Table 1 Corn Citrus More Citrus than Corn U.S 2 4 2 Country A 6 10 4 Country C 2 6 4 Table 2 Table 2 Apparel Software More software U.S 2 4 2 Country A 4 12 8 Country C 2 8 6 Analysis Analysis A. The United States has more of an advantage. Get started for FREE Continue.
The assignment 3.05 the fed and monetary policy, is confusing as hell. (I can't find any resources for what monetary/fiscal policies can be used). ... An un-official subreddit for Florida Virtual School students. Members Online. English 4 dba 5.04 and economics 1.05 please help upvotes · ...
3 Honors Template Student Name: Trinity Clark Step One: Compose a few research questions using these two statements as prompts A. The Federal Reserve serves a positive role in the U. economy.
Discussion-Based Assessments (DBAs) are conducted on a regular basis by all teachers. DBAs are a one-to-one conversation to make sure that the student understands the course material. Students are required to complete and pass all Discussion-Based Assessments themselves, free from any distraction or influence of others.
AP Macroeconomics. Back to Catalog Print Course Details. Pre Requisites. Algebra 1 recommended. Description. In this course, students establish the fundamentals of economics, with a survey of scarcity, opportunity cost, supply, demand, and market equilibrium. They then zoom out to the largest scale of economic analysis, learning the indicators ...