REDONOMICS
All Economics... All The Time
May 15, 2013
May 9, 2013
AP Macro Review Materials
Click here to go a friend's class webpage with lots of good review materials.
May 8, 2013
May 9th Economics: Creation of Modern Banking Activity
Directions:
1. Read the story "The Recollections of Pine Gulch." Click here for the story: It takes about 20-30 minutes.
2. Then complete the multiple choice quiz online (found here) and click submit, and I will receive your answers.
1. Read the story "The Recollections of Pine Gulch." Click here for the story: It takes about 20-30 minutes.
2. Then complete the multiple choice quiz online (found here) and click submit, and I will receive your answers.
May 7, 2013
AP MIcro Diagnostic Test
Here is the link to a AP Micro Diagnostic Test and the answer key. Also, here is a site with LOTS of good review ideas.
April 20, 2013
April 19, 2013
The AC/DC Economics Review App is Here!
This app is highly recommended and the real deal, a great way to review for your tests and the AP Exam. Links to 100's of Mr. Clifford's Videos. Also, some outstanding review questions, written by yours truly. Apps work on you tablet, iPhone, or Android phone. If you search for AP Economics, you can locate the app by finding the AC/DC logo at the top left.
Macro: Find it on iTunes here.
Micro: Find it on iTunes here.
Macro: Find it on Google Play here
Micro: Find it on Google Play here.
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Macro: Find it on iTunes here.
Micro: Find it on iTunes here.
Macro: Find it on Google Play here
Micro: Find it on Google Play here.
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April 9, 2013
The AP Econ Video Contest Results Are In
Watch the video for the winners, and don't miss the nice shout-out to Jackson and Kristian for their video: "Opposite of Econ"
April 8, 2013
And The Winner of 100 Trillion Dollars in the AP Econ Video Contest is...
Stay tuned... I watched some AWESOME videos this weekend as a member of the judging committee. The results are hidden in a secure location and I am sworn to secrecy, but you can check out AC/DC Econ's YouTube Channel later today to see the video announcing the winners. Click on the picture Below to see all of the entries.
February 18, 2013
"How should North Dakota Handle its Oil Boom?" - Resources for Your Essay.
The following list of articles should seen as a beginning, not an end to your research. Don't forget to check out the Essay website and list of sources there.
In-Text Citations:
1. Read here for proper citation info.
NEW! What leads to a better economic future (economic growth)?
1. Investment in human capital (education).
2. Infrastructure.
3. Natural Resources.
4. Investment in capital goods and technology.
Research and History of Oil Booms:
1. The secret to Germany's low youth unemployment - their education system. Ideas for North Dakota.
2. Investing in Education - with Germany style vocational education and training.
3. Study on how investing in education leads to economic growth.
4. Study on how infrastructure spending helps economic growth.
5. History of past oil booms: How Texas invested its oil money in education, and other areas.
6. North Dakota will spend surplus on infrastructure, schools.
7. Could the boom go bust due to Government Regulation?
8. New: ND enjoys boom, but prepares for a slowdown.
9. ND Columnist's ideas for managing the boom.
10. NEW! How oil-rich Norway avoided the "oil curse"
The Boom!
1. $1.6 budget surplus.
2. Tax cuts, increased government spending in ND.
3. Importance of free markets learned in ND.
4. Economic impact of the boom. National Geographic.
5. Oil boom helps MN railroads.
6. Ideas how to manage the boom.
7. Possibilities to manage the boom.
8. Why Menards flies workers to N.D. every week.
Externalities:
1. North Dakota's struggle with population growth.
2. Video: Fight over Missouri River rights.
3. Boom leads to duck bust? Star tribune article.
4. More oil fracking regulation from Obama could lead to oil bust?
5. High cost of oil boom.
6. Growing pains of oil boom. PBS article and video.
7. Downsides of living in an oil boom.
8. A positive externality: North Dakota teen pregnancy rates lowest in the nation. The reason: OIL
Every policy has trade-offs, opportunity costs.
Externalities. Scarcity. A good essay needs good research combined with sound economic
logic. Why will your investment or ideas work? Prove it with research.
In-Text Citations:
1. Read here for proper citation info.
NEW! What leads to a better economic future (economic growth)?
1. Investment in human capital (education).
2. Infrastructure.
3. Natural Resources.
4. Investment in capital goods and technology.
Possible Topics:
1. Invest in Education, Infrastructure... which lead to Future
Economic Growth.
2. Invest Money in Better K-12 and Post Secondary vocational training,
useful careers. Model on a German Education System.
3. With so many Negative Externalities, ND should slow or stop Development - What role for
Government?
4. Invest in Alternative, Green Energy to provide a sustainable future.
5. How to deal with labor, housing shortages?
6. Where have oil booms been successful? Been a bust? Examples for North Dakota.
Research and History of Oil Booms:
1. The secret to Germany's low youth unemployment - their education system. Ideas for North Dakota.
2. Investing in Education - with Germany style vocational education and training.
3. Study on how investing in education leads to economic growth.
4. Study on how infrastructure spending helps economic growth.
5. History of past oil booms: How Texas invested its oil money in education, and other areas.
6. North Dakota will spend surplus on infrastructure, schools.
7. Could the boom go bust due to Government Regulation?
8. New: ND enjoys boom, but prepares for a slowdown.
9. ND Columnist's ideas for managing the boom.
10. NEW! How oil-rich Norway avoided the "oil curse"
The Boom!
1. $1.6 budget surplus.
2. Tax cuts, increased government spending in ND.
3. Importance of free markets learned in ND.
4. Economic impact of the boom. National Geographic.
5. Oil boom helps MN railroads.
6. Ideas how to manage the boom.
7. Possibilities to manage the boom.
8. Why Menards flies workers to N.D. every week.
Externalities:
1. North Dakota's struggle with population growth.
2. Video: Fight over Missouri River rights.
3. Boom leads to duck bust? Star tribune article.
4. More oil fracking regulation from Obama could lead to oil bust?
5. High cost of oil boom.
6. Growing pains of oil boom. PBS article and video.
7. Downsides of living in an oil boom.
8. A positive externality: North Dakota teen pregnancy rates lowest in the nation. The reason: OIL
February 10, 2013
January 15, 2013
AP Micro Exam Review Links
Here you can find some excellent review resources. Be sure to check out the Reffonomics review graphs at the bottom of the page.
December 12, 2012
ECO: Extra Credit Opportunity: Q and A with the Fed President.
Click on the picture below to register. You must register before the event and bring an ID to enter.
October 29, 2012
October 25, 2012
October 10, 2012
May 31, 2012
May 25, 2012
From AP Econ Classroom to the US Senate?
Here's a great story on US Senate Candidate Kurt Bills, who is a Minnesota State Represenative and still a AP Econ teacher at Rosemount High School.
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| Kurt Bills hopes to take his knowledge of the Phillips Curve knowledge to Washington |
May 21, 2012
May 16, 2012
May 10, 2012
May 5, 2012
2012 Global AP MACRO Review
Go here to get your last minute questions answered for the AP MACRO Exam
2012 Global AP MICRO Facebook Review
Go here to get your last minute questions answered for the AP MICRO Exam
April 26, 2012
April 24, 2012
e-Mentors Celebration - ING Headquarters, Minneapolis
Hearing a presentation about ING's Business
Student Speakers!
Business Presentation
One-On-One Mentor Time
More Mentor Time
April 15, 2012
March 21, 2012
March 20, 2012
Lectures with Ben Bernanke
Click here to watch the videos. Webcasts are scheduled for March 20, 22, 27 and 29 and will begin at 11:45 a.m. CDT. Online viewing will be available to the public after each lecture.
Lecture 1: Origins and Mission of the Federal Reserve
Lecture 2: The Federal Reserve after World War II
Lecture 3: The Financial Crisis and the Great Recession
Lecture 4: The Aftermath of the Crisis
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