Schedule
Life Plan download here: PDF --- Word

Unit 2 Business
Getting Started in Business; Profiles of an Entrepreneur; Supply, Demand, Price, Market Structure (Ch4-6); Starting a Business in Florida; Running Your Own Business Simulation (Wharton School of Business); Marketing Your Business to Angel Investors
1. What effect does a price ceiling on a particular item have on a good/service?
2. How do producers decide what to charge for their products?
3. What is the difference between personal demand and market demand?
4. What factors in the marketplace change supply? Demand?
5. What is an example of a product with a relatively elastic demand? Inelastic demand?
6. How does the “Invisible Hand” guide the market to equilibrium?
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Assignment: Econ War Games 3: You are Your Biggest Asset - Resource allocation - What will be produced? Literally billions of different things could be produced with society's scarce resources. What mechanism exists that causes some things to be produced and others to remain as individuals' unfulfilled desires? - How will it be produced? There are many ways to produce a desired item. It is possible to use more labour and less capital or vice versa. It is possible to use more unskilled labour and fewer units of skilled labour. How, in some way, are decisions to be made as to the particular mix of inputs, the way they should be organized and how they are brought together at a particular place? - For whom will it be produced? Once a commodity is produced, who should have it? If individuals and businesses purchase commodities with money income, the question then is what mechanism there is to distribute income, which then determines how commodities are distributed throughout the economy. Instructions: Consider yourself as a resource, an asset that once completed will provide some value to the world in a professional career. Within this assignment, you will: 1. Describe in no more than two paragraphs your career goals and your greatest attributes to become a top professional in your career. 2. Write the outcome from taking the Career Personality Test. 3. List the wages in your chosen career for this area based on the Bureau of Labor Statistics research. 4. Identify at least three jobs available in your career field from a credible job posting agent Career Builder, Monster, etc. 5. After completing items 1-4, reflect on the following in narrative form: -What you will need to obtain in order to be considered for your "dream job". This assignment must be typed and completed in paragraph form (when applicable). This assignment must be typed and completed in paragraph form (when applicable). Please share your file through Google Docs or submit a pdf by email (to lphepburn@gmail.com) with the following Subject Heading: Pd#- I am an Asset- First Initial, Last Name |
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Assignment: Begin Your Business (Profession) by Following Your Leader's Life Story Develop your roadmap by identifying someone(s) in your profession that you want to emulate that matches well to your "passion profit". This is not a historical research paper - this is a roadmap so begin your internet search by looking in to organizations, human resource departments, best seller lists, etc. so that you can say the following: " If I follow the professional path of ______ I can definitely obtain my "passion profit". |