050210 econ trade and india 50mPresentation Transcript
Good Day! DRAW A LINE SEPARATING TODAY & YESTERDAY 1) Write: Date: 05/02/10 , Topic: Trade and India 2) On the next line, write “ Opener #46 ” and then: 1) Plot your mood, reflect in 1 sent . 2) Respond to the opener by writing at least 2 sentences about : Your opinions/thoughts OR/AND Questions sparked by the clip OR/AND Summary of the clip OR/AND Other things going on in the news. Announcements: None Intro Music: Untitled
Agenda 1) Introduction to Outsourcing 2) India in the World Economy End Goal, you will be able to… 1) How does India impact the world economy? Reminder 1) No HW (Test 3 Review on next week’s tutorial)
TEST PROCEDURES 1) Bubble 4 last digits of your student ID and write your name , period . 2) Remember to copy “ Title ” from the test on to your answer sheet . 3) Write your name on the test itself, but do not write anything else on it. 4) Leave Question 1 on answer sheet blank BEST WISHES!
TEST DEBRIEF 1) Make sure your test and scantron have been turned in. No papers, pens, pencils may be out. 2) For security reasons, your test will be voided if any electronic devices or note taking is seen during the debrief. Thank you . QUESTIONS ABOUT THE TEST?
Work #43a , “ Outsourcing Debate ” 1) Read the 2 sides, choose 1 side, and write which you choose and explain why . 2) Then write down what your partner thinks ( include their name at the end ). 1 2 3 4 5 CON: Don’t Outsource 1) Laid off workers not good at anything, Americans will have to lower their wages to compete 2) Service and quality is better if done in US PRO: Outsource 1) Lets US focus resources on what its best at, so its okay to send inefficient jobs overseas 2) Makes products cheaper
Notes #43a , Title: “ India Notes ” 1) India: 1.1 bil ppl, 10% unemp, $1.1 tril GDP, $1,017 per Capita, 6% Growth, 88% Gov Debt USA: 0.3 bil ppl, 10% unemp, $14.6 tril GDP, $47,988 per Capita, 0% Growth, 94% Gov Debt
Notes #43a , Title: “ India Notes ” 2) India’s Upside: English speaking Cheap labor Democracy
Notes #43a , Title: “ India Notes ” 3) India’s Downside: Wide Income Gap (billion poor) Poor infrastructure Political instability/corruption
Arun Nayar - $1 billion 300 mil: $300 a year 700 mil: $600 a year
Work #44a , Title “ In-sourcing ” 1) Copy Source Title: NY Times 2…) Discuss questions on the board with a partner. Summarize your discussion ( include their name at the end ). Remember participation points are deducted if off task. 5 Reading/Film Qs Come From These Work Sections
Work #44b , Title “ Out-sourced ” 1) Copy Source Title: Tom Friedman 2…) Discuss questions on the board with a partner. Summarize your discussion ( include their name at the end ). Remember participation points are deducted if off task. 5 Reading/Film Qs Come From These Work Sections
A bottle of bottled water held 30 little turtles. It didn't matter that each turtle had to rattle a metal ladle in order to get a little bit of noodles, a total turtle delicacy. The problem was that there were many turtle battles for less than oodles of noodles.
Work #46a , Title “ Economic Development ” Read and then respond to these questions : 1) What are key characteristics to a developing economy? 2) What are the key characteristics to a developed economy? 3) What are key economic indicators for quality of life ? 4) This article is from 1994, looking at 1+2, how close is India to being a developed economy? This isn’t a judgment of the ppl, but of its economy.
Work #46b , Title “ India Development ” a) Leader: Executes the instructions, maintains morale through compliments, maximizes everyone’s contribution, and holds a larger responsibility for the task ( Fills out project sheet, +- 2 EC point ). b) Presenter: Presents team findings to the class. c) Designer: Writes and draws the team product. d) Logistics: Handles materials/tech, pick up, and clean up. Guides group research and ensures the task done educationally/factually. Task: Create a 10 step plan to reduce India’s econ gap. Work Product: Oral Presentation and Poster Sheet In Your Workbook: 1) Write down your role AND explain how does this project connects with real life. 2) At end, summarize Chiang’s feedback + group reflection. Logistics Pick Up: India Handout + Poster Paper Leader Pick Up: Team Eval Sheet and Begin Filling Out
Work #46c , “ China v India Debate ” 1) Read the 2 sides, choose 1 side, and write which you choose and explain why . 2) Then write down what your partner thinks ( include their name at the end ). 1 2 3 4 5 CON: Build in India 1) More pro-US gov (democracy) + political freedom 2) Large # of engineers 3) Higher rates of English speaking PRO: Build in China 1) Stronger infrastructure: roads + electricity 2) Higher levels of basic literacy 3) Strong capitalist spirit