Monday, May 26, 2014

Economic May 16 2014

Iphone 6 will be on the market soon, will you buy it? Will other people buy it? Why do they want to buy it? Because the nice design and the way it works, One thing I don't like iPhone because i have to pay for the music that i want to download.

Economic May 09 2014

You can buy stuff online with credit card and debit cards, there are a lot of kinds of card, like: VISA, Master, and other kind. choose a good card for your self is very important. You also can pay taxes and other things with it, If you have a good credit score means the bank trust you more. You have to pay taxes when you are buying stuff. Government collect taxes and give to other people to open other companies.

Economic May 02 2014

Plan how to use your money, save money for college. You can open a saving account in your bank and save money in it, you will get more and more money. Buy the things you need, don't spend a lot of money on the stuff you want.

Economic Apr 25 2014

Behind every small product, there is a huge company, lots of people design them, and lots of people make them, the company also have to put the product on the market in the right place and time,

Economic Apr 18 2014

Companies makes different product to impressive costumers, more people will buy the product, Apple, Samsung, Nokia, Blackberry, and other kind of companies. cellphones are their main product, but they also make other product, like computers, iPod, iPad, touch, and other tablet, Apple has the best design, Samsung has the biggest screen and high quality cameras, every product has something is different than other product, people like different stuff because we are different. We buy the product because we need them.

Economic Apr 11 2014

When we grow up, we will get a credit/debit card and we have to choose the right credit/debit card, credit card is the bank give you amount of money to spend but you have to pay the money back later, if you pay the mont back in time, you will get a good credit score, makes the bank trust you more and more. Debit card is you can put money in the card, so you don't have to carry a lot of money in your wallet, and you also can pay the stores with the debit card.

Friday, April 4, 2014

Economic April 4 2014

Changing price can effect the quantity of consumers' wants. I bought a remote control car last week, before I bought it, I spend a lot time to see which store is cheaper, people want the stuff to be cheap, so they can save some money. I went to Traxxas.com, hobby town and eBay, for the results, traxxas.com and eBay have the same price $319.99, but in the hobby town, they sell it for $314, so I went to hobby town.

Sunday, March 16, 2014

Economic Mar 9-15 2014

If you want more people to buy your stuff, then you should lower your price.

Saturday, March 8, 2014

Economic Mar 3-8 2014

Does everybody like different kinds of cellphones? iPhone is the most expensive phones on the market, but there are a lot of people buys it,  why? Nice design, and nice service. Samsung, big screen, it's easier to watch movies or TV shows on it. Every kind of phone have their own design, people like different stuff, that's why the they have their own choice, and buy different phones.

Friday, February 28, 2014

Economic Feb 23- Mar 1 2014

We had a test on Thursday, so we didn't learn any thing on Friday, and we played LIFE for the whole class. Before thursday, we learn about government, household, businesses...and other stuff, we have to pay taxes because government can do more public goods to us. Like fixing the road, build trees.

Saturday, February 22, 2014

Economic Feb 17-22 2014

For this week, we had a town hall meeting, it's about walmart, some people want to bring walmart to weserville, but some don't. The reason they want to bring in walmart because some people don't have job, so they can work in walmart. the reason for don't bring in walmart is, people will lose job in other store and there are going to have some competition between small store and walmart.

Sunday, February 16, 2014

Economic Feb 9-15 2014

We talked about what kind of job are we going build in Weserville. We are going to build walmart, Mc Wezer's. And we have to find a good place to put those jobs and buildings. And we have to make people to come to our town.

Sunday, February 9, 2014

Economic Feb 2-8 2014

   We talked about Marx and Smith yesterday, Marx does not look very friendly, Smith is very friendly, they were arguing about economics yesterday in class, they all have different thinks and different way to control the economic in a country, they also used those thinks on the other country. some worked very well and some doesn't. They were eating food when they are discussing (or arguing).They had a happy ending at the end of the dinner. I think Smith's idea is better, because we have to make balance in the market and economic. And it can also makes people live better and happier. Smith doesn't want government to own the resources, because we want to trade in the market.