Another week in econ

This week in econ we focused mainly on credit. whether its good credit, bad credit or credit cards. We learned just how important having good credit is. It determines everything. We learned about different types of credit cards and made a spreadsheet on which we thought would be the best. We also learned about the different types of lenders. Here is a question what are the evil lender? Remember they are EVIL!!! well I hope to hear from all my fellow bloggers out there this is Zach Zimm Zimm sighing off have a great Friday people

This week

This week in economics class we had some crazy things happen. we had to pay more bills. of the following: electric, room, and seat bill. we began working with our families, and seeing what it would be like to work out a budget with a family group. Jang-chang had a baby, Sam had a 43,000 dollar poker loss, and i got into a car accident, and was fatally injured. good thing i get payed the least. Anyways it was also crazy because of all the things happening. Dominic's desk fell off and onto his computer and broke his computer. Then we had kids leaving for prom things, and the sophomore, freshmen showdown. in which the freshies won :(. O well we will get them two years from now anyways this is Zack Zimm Zimm signing off have an amazing mothers day weekend.

Its May

Dear economics students its May and last week was very interesting. we had some crazy days with rain and now we got some sun haha. We have began banking, and savings. We have opened up our own accounts. Cashed, made deposits, received bills, and payed them. We are learning so much in class for real life events. i just cannot wait to see what will happen next week and what we will be doing.

this week

Welcome back my fellow economists I am here to tell you about what happened this week in class. Well this week we learned about GDP, and economic indicator table. We learned about the STD and how to determine if a country is economically wealthy. GDP is the gross domestic product which is determined by whether a product is produced by the deadline, it is the final product, and it is value.  STD is the standard of living, and how much comfort a person can afford. The indicators table helps tell you how well off a country is doing. It shows things like the GDP per capita, % of people below poverty line, and unemployment. well that's all for this week thanks folks have a great day

The blogs continue

hello my fellow economists this week in our amazing world of economics we have learned many things. We have learned about competition, and monopolies. we watched a movie on pepsico. That talked about a large business corporation. We have learned about the types of monopolies, natural, technological, governmental, and geographical. we have about the competitions being perfect, monopolistic competition, oligopoly, and monopoly. We have learned a lot. We took a quiz, and in the video studied how corporations struggle to stay up with there competitions. Well i hope you guys had a wonderful week that's it for me have a great day 

signing off Zach Zimm Zimm the awesome 

Week before Exams

Hello fellow economists as you know this is the week before the exams. Haha i am super excited for this. I don't think it will be that hard but ya never know. what should we study. basically everything "well Zack whats everything." everything is what we have learned up till now. S basically go home open up your notes and study your butts off at least i know i will. Anyways this week in class we studied up on Supply. We learned all about things like Total revenue, total cost, fixed costs, variable costs marginal costs, what marginal means, marginal revenue, profit, supply graphs, and supply schedules. Fixed cost being a cost that isn't affected by the supply. Such as rental for a factory. variable costs are cost that change based on the six factors that can change supply. We also took a quiz which i have a strong felling everyone did well on. Anyways that's the review folks, and forget to study. It will help you in the long tun.

the awseosome review of Econ this week

Welcome back my beloved followers, and fellow bloggers to this weeks awesome econ review. This week many thing happened. we took two Quizzes one on demand, and the other on elasticity. we studied and reviewed both elasticity, and demand. We also finished our projects which were in my opinion the most fun thing we did. This is because we got to work in groups with fellow students, and make a Ad Campaign for our beautiful town of Weserville. The outcomes for the groups were amazing. Being mayor I was blown away by all the town ads.  They were wonderful, and made it very hard for the whole town council to vote on which ones were the best. In the end we had to choose separate ads from each group. Which I believe was the right decision. All three groups received rewards being either $1000, travel passes, or 5 points extra credit.

Back to economics though demand to raise, or lower? I have an awesome question of the day just to get your minds if you raise the price of insulin will demand raise, lower, or stay the same?Why do you think so?