Mind over money

Post date: Feb 28, 2012 1:27:59 PM

Click below for Resources

CPI Video, GDP VideoInflation Video

Must be in your own words NOT A COPY AND PASTE ASSIGNMENT. If you copy and paste and must explain in it in your own words.

Watch Mind over Money - Click link

• • We will finish in class, but feel free to watch in your leisure.

1. Supply and Demand chart

· Explain chart

2. Economic Indicators- Find charts and explanations for the following

· CPI, Inflation, GDP, Unemployment

· In your words, tell me which one has the most importance.

3. What is a Economic Bubble

4. What is Competitive nature and how does it affect your Economy and markets

5. What was the Tulip Bud Crisis

6. Decision making Process

7. Who was Adam smith : Explain the concept of the "Invisible hand and how it relates to our economic system."

8. Behavioral vs Rational Economics – Explain both views and give your opinion

9. Summary Slide :Why did mainstream economist fail to predict the crash of 2008 and why do we make irrational financial decisions, and how do our emotions effect our decision making.