Unit+3+-+Personal+Finance+and+More


 * //ESSENTIAL QUESTIONS//**
 * Why, when, and where should people invest? (Related: How do markets work?)
 * How is investing similar and different in various places? (Related: How does investing in Korea compare to investing in the US?)
 * How and why do currencies fluctuate in value? (Related: Why does currency have value?)
 * How do taxes affect individuals, politics, and government? (Related: What is the best/most fair way to tax?)
 * Special for November 2010! -- What's the G20 all about? (Related for after the summit: What was accomplished at the G20 Summit?)

PERSONAL FINANCE [|Couple Learns the High Price of Easy Credit]

STOCK MARKET [|Why do stock prices rise and fall?] [|S & P 500] [|Dow Jones] [|Dow 30 Components] [|KOSPI] [|Berkshire Hathaway - A] [|Today's Biggest Gainers] [|Today's Biggest Losers] Coming soon...the "Virtual Stock Exchange?" -- Who is the best KIS investor?!

CURRENCIES Exchange Rates and Exchange: How Money Affects Trade >> Exchange Rates and Exchange: How Money Affects Trade
 * CURRENCIES
 * While reading, try to figure out the following questions:
 * How do currency values affect the demand for and prices of products? (In other words, what impact does a strong/weak Won have for the ROK, a strong/weak dollar have for the US, etc.?)
 * How can changing exchange rates be self-correcting over time? Give examples to support your answer.
 * Click on the link above, then read the "introduction," "task," and "process" sections.
 * Answer the questions in the "interactive activity" at the end of the process section.
 * Read the conclusion.
 * Complete the assessment activity at the end (worksheet provided in class).
 * Once finished, do the following enrichment activities:
 * 1. SOUTH KOREAN WON--IS IT A FLOATING OR FIXED CURRENCY? WHY/WHEN? WHAT DO FLOATING & FIXED (AND PEGGED) MEAN?
 * 2.Read about the fluctuation of the South Korean Won in recent years, building upon what you learned from today's activity:
 * Korean Exporters Win With a Weaker Won (from March 2008)
 * South Korea's Won Keeps Rising (from December 2009)
 * [|South Korean Won Climbs Faster (from Nov 1 2010)]
 * Wild Days and Nights of Korean Won Intervention (from May 2010)
 * EU Crisis and Prospect of War Punish South Korean Won (from June 2010)

G20 G-20 Quick Survey