How will the economic sanctions on Russia affect its economy and the world economy?

INTRODUCTION

Summary: Today we will discuss the benefits and costs of free international financial markets.

Inquiry Question: How will the economic sanctions on Russia affect its economy and the world economy?


HOMEWORK DUE TODAY

Your position paper should be completed and printed out when you come to class.


ASSESSMENTS AND ACTIVITIES

Discussion: How will the economic sanctions on Russia affect its economy and the world economy?


WORK DUE NEXT CLASS

Required: Reply to two of your classmates in Schoology, agreeing with one and disagreeing with the other.

Optional: Listen to this podcast.

Nassim Taleb, author of The Black Swan and Fooled by Randomness, talks with EconTalk host Russ Roberts about his latest thoughts on robustness, fragility, debt, insurance, uncertainty, exercise, moral hazard, knowledge, and the challenges of fame and fortune.