Welcome to CW Economics!

The study of economics is challenging and rewarding. Use this site to check up on topics covered, homework assigned, and assignments given.

Upcoming Assignments and Tests

  • Grade 12 Book Club Monday, January 16. Journals due Tuesday, January 17
  • Grade 12 essays due Tuesday, January 24 at 10:24am (2 COPIES)
  • Grade 11 Final Summative Game due Tuesday, January 24 at beginning of class.
  • Monetary Policy - Interest Rates due Tuesday, January 10
  • Banking Assignment due Friday, December 23

Wednesday, September 14, 2016

What are positive and normative statements?

Positive statements deal with facts (i.e. The unemployment rate in Canada now stands at 8.7%).Normative statements deal with opinions and values (i.e. Canadians should save a higher percentage of their income).We also learned about 4 types of graphs - descriptive, historical series, graphs that depict a direct relationship, and graphs that depict an inverse relationship.