Two days of "Econ" camp down and I've already re-learned so much of the Economics that I supposedly learned back in college. We spent the first couple days talking about scarcity of resources, opportunity cost, the magic of the market place and deriving the supply and demand curves.
The day begins with one of the Economics professors, in this case Mike Salemi of the University of North Carolina-Chapel Hill, presenting for an hour about an economic topic. The second hour has our mentor teacher, Smokey Murphy, running a simulation that teaches an economic concept and then debriefing the simulation. Today, we played a market game in which there were buyers and sellers and from that we learned that when there is voluntary trade of goods and services, creates wealth. In addition, when there are many buyers and sellers there is perfect market competition. The third hour there is a presentation from our other professor, Eric Eschker, from Humboldt State University.
The classroom and some of the students
Mentor teacher, Smokey Murphy, doing his thing
During these morning three hours, the students are the learning as we teachers are watching and learning ourselves. In the afternoon, we get three hours one on one with the two professors and Smokey to ask questions and to pick their brains on how to teach different concepts. It's a great set-up and I am psyched to get back to Head-Royce and begin teaching. Tomorrow we get a special treat. We have had tours set up to visit the Chicago Board of Trade as well as the Federal Reserve Bank of Chicago. As long as the terror threat doesn't rise to orange, we're going. I'm crossing my fingers.
I leave you with some of the topics that we are dealing with.....
What are ways that we as consumers and producers allocate scarce resources?
What are some of the issues that we must address in selecting an allocation method?
The day begins with one of the Economics professors, in this case Mike Salemi of the University of North Carolina-Chapel Hill, presenting for an hour about an economic topic. The second hour has our mentor teacher, Smokey Murphy, running a simulation that teaches an economic concept and then debriefing the simulation. Today, we played a market game in which there were buyers and sellers and from that we learned that when there is voluntary trade of goods and services, creates wealth. In addition, when there are many buyers and sellers there is perfect market competition. The third hour there is a presentation from our other professor, Eric Eschker, from Humboldt State University.
During these morning three hours, the students are the learning as we teachers are watching and learning ourselves. In the afternoon, we get three hours one on one with the two professors and Smokey to ask questions and to pick their brains on how to teach different concepts. It's a great set-up and I am psyched to get back to Head-Royce and begin teaching. Tomorrow we get a special treat. We have had tours set up to visit the Chicago Board of Trade as well as the Federal Reserve Bank of Chicago. As long as the terror threat doesn't rise to orange, we're going. I'm crossing my fingers.
I leave you with some of the topics that we are dealing with.....
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