Economics Warm Up, 11.5 (Thursday)

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Presentation transcript:

Economics Warm Up, 11.5 (Thursday) Please write down the 4 questions. Use the chart on the next slide to answer. We will turn in Warm-ups on Friday… In a 52 week period, what was the highest that McDonald’s stock sold? How many shares of McDonald’s stock were sold the previous day? In a 52 week period, what was the lowest price that McDonalds stock sold? What was the percent change in McDonald’s stock from the day before?

Today’s Objective: Compare services offered by different financial institutions.

Essential Question: What services do banks provide to consumers?

Types of Institutions Break into groups of four. Research a type of financial institution: Definition Services Provided Advantages Disadvantages Locations Use the information you find to create a Web Map that depicts the information above. Please use color markers. To find a graphic organizer, please go to www.eduplace.com/graphicorganizer Please draw on illustration that represents the financial institution you are researching At the end of class, each student will be responsible for completing a chart on all financial institutions.

Definition Services offered Advantages Disadvantages Locations in Covington Area

Front Wall – Banks Back Wall – Savings and Loans Wall with window(not on the window) – Credit Unions Wall with door – Pay Day Lenders

Definition Services offered Advantages Disadvantages Locations in Covington Area Commercial Bank Investment Bank Credit Union Savings and Loan Payday Lenders

Today’s Objective: Give examples of the direct relationship between risk and return.

Economics Warm Up, 11.6 (Friday) Please write down the 4 questions. Watch episode of Shark Tank to answer. We will turn in Warm-ups on Friday… What is the business concept that was presented? How much are the entrepreneurs asking for from the Sharks (Dollar amount and Percentage) What deals are being offered by the investors? Any counter-offers? If so, what are they? Do the entrepreneurs get a deal? If so, from whom? Would you have invested? Why or why not?