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.

Economic Mar 9-15 2014

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

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.

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.

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.

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.

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.