Join the Stock Market Game at www.howthemarketworks.com

Join my free Stock Market Contest!

Financial & Economic Terms

Define & use these terms economically. www.investopedia.com is a great site to use & the definitions are geared toward the world of economics. THESE TERMS MUST BE HANDWRITTEN! You might use the glossaries found at www.howthemarketworks.com as well.

• Opportunity Cost
• Scarcity
• Real GDP
• CIGX
• Currency
• Actuarial
• Marginal
• Asset
• Diminishing marginal utility
• Law of Supply
• Law of Demand
  
• Mutual fund
• Stock
• NASDAQ
• Dow
• S & P 500
• Bonds
• Collateral
• Federal debt
• Federal deficit
• Debt
• Blue chip stock
• Buy & hold
• ARM adjustable rate mortgage
• Deductible (insurance)
• Divident
• Yield
• Interest
• Windfall profit
• Annuity
• Variable
• Volatile
• Capital
• Durable good
• Graduated income tax
• Payer
• Payee
• Unrealized gain/loss
• Unemployment rate
• Union
• Benefits
• Usury
• Tariff
• Median
• Medicaid
• Asset
• Trade deficit
• Transaction
• IRA
• Strike
• Lockout
• Revolving credit
• Mortgage
• Export
• Import
• Liability insurance
• Keynesian Economics
• Equity
• GDP
• Great Depression
• Gross
• Net
• Fixed cost
• Fiscal
• Monetary
• Tax exempt
• Tax credit
• Tax deduction
• Direct deposit
• APR
• Capital Gain/loss
• Dollar Cost Averaging
• Endorse
• Electronic Funds Transfer
• Compound Interest
• Delayed Gratification
• Phishing
• Pay Yourself First
• Rule of 70 (72)
• Principal
• Social security
• Time Value of Money

THESE TERMS MUST BE HANDWRITTEN!

Create a "Personal Finance Alphabet"

Personal Finance Alphabet
• List 26 words/terms that have to do with personal finance/economics in alphabetical order
• Use the term in a sentence
• Identify or define the term in economic or finance use.

*This should illustrate your creativity in some fashion. Use pictures or drawings of items, create a powerpoint presentation.

Letter to a Public Official

1) Select an issue of importance to you.
2) Research this issue on the internet.
3) Create a letter to an appropriate public official.
4) Express your point of view & why.
5) Ask the official what their position on the issue is and what they believe that the prospects are.
6) The letter should be between 3/4 & 1 1/2pp long.
7) It must be typed & given to the instructor.
8) Be polite, considerate, and courteous.
9) Do your best to minimize any and all grammar & spelling errors.

**Opportunity Cost & Production Possibilities Curve**

How does opportunity cost relate to production possibilities?

Draw a production possibilities curve:

What does a pp curve show?

Indicate a point on the pp curve where resources are underutilized:

Indicate a point on the pp curve for future growth:

Describe how education or lack of education might impact a pp curve:

**Use chapters 1 & 2 in the text for this.

**Factors of Production**

Identify & describe the Four (&sometimes fifth) Factors of Production:

How do these resources relate to maximum production of goods & services?

Use chapters 1 & 2 in the text.

Expanding the Money Supply

Through the use of a chart or table, explain how banks excess reserves are used to expand the money supply. You will use the terms 'excess reserves', as well as 'required reserves', 'deposits'.

(your text on p.409 may be of some help)