Thursday, February 9, 2017

G11 - Week 21 - Day 3

In-class work

  1. Equity in the distribution of income
    1. What do you deserve?
      1. Why should you be at Stamford instead of a child in Cambodia?
      2. Why should your parents make more income than someone else?
      3. Why should they get to keep the income?
      4. Explain why in the comments.
    2. Different Tax Systems' Effects on Income Distribution (part 1)
    3. Different Tax Systems' Effects on Income Distribution (part 2)
      1. Exercise 7 (p. 360)
      2. Exercise 8-11 (p. 362 HL Only)
Ongoing Country Information
  1. Figure out unemployment rates
  2. Labor participation rates
  3. Causes of the above?
  4. What are the inflation rates?
  5. What's the economic growth been?
  6. What's the level of inequality?
    1. With the Gini index?
    2. With the 20/20 ratio?

Wednesday, February 8, 2017

G11 - Week 21 - Day 2

In-class work

  1. Equity in the distribution of income
    1. Quantifying Income Inequality part 1 - The Gini Coefficient (Index)
    2. Quantifying Income Inequality part 2 - the 20/20 Ratio
      1. Exercises 1-3 (p. 350)
    3. Different Tax Systems' Effects on Income Distribution (part 1)
    4. Different Tax Systems' Effects on Income Distribution (part 2)
      1. Exercise 7 (p. 360)
      2. Exercise 8-11 (p. 362 HL Only)
Ongoing Country Information
  1. Figure out unemployment rates
  2. Labor participation rates
  3. Causes of the above?
  4. What are the inflation rates?
  5. What's the economic growth been?
  6. What's the level of inequality?
    1. With the Gini index?
    2. With the 20/20 ratio?

Monday, February 6, 2017

Thursday, February 2, 2017

G11 - Week 20 - Day 1

In-class work

  1. Marginal University Economic Growth
    1. Exercises 1-3 (p. 336)
    2. TED Talk: How Ideas Trump Crises
    3. The Idea Equation
  2. From Tyler Cowen
    1. On Value, the Crusonia Plant, and “Wealth Plus”
      1. What is Cowen's basic argument?
      2. Do you agree with him? Why or why not?
      3. How would you value compenents of society?
        1. Unemployment
        2. Inflation
        3. Growth
        4. Rights
        5. Income distribution (to be learned next)
Ongoing Country Information
  1. Figure out unemployment rates
  2. Labor participation rates
  3. Causes of the above?
  4. What are the inflation rates?