This podcast is a compilation of projects completed by the 11th Grade Economics Classes as they study the local economy. The podcasts represent student research of stories in which macro and microeconomic topics converge in the real world. © All podcasts are the property of the authors and may be redistributed with credit given to The Dayton Regional STEM School.
Saturday, March 22, 2014
David and Bharath on the impact of the growth of the medical industry on the local economy
This podcast from David Sills and Bharath Ramini discusses the microeconomic and macroeconomic factors that influence growth in the United States’ medical industry. Local areas that were influenced were considered microeconomic, and national influences were considered macroeconomic. They found research indicating a large increase in the number of hospitals nationally and hypothesized that employment opportunities in health fields would increase as a result. Their hypothesis was proven correct based on data retrieved from their interview and research, which suggested that a direct correlation existed between growth in the health industry and employment opportunities; more health facilities allowed more access of health services to people, and as a result, created a higher demand for jobs that were related to health services.
Saturday, March 8, 2014
Prison Costs on the Rise
Our podcast is about the increase of cost of prisons. Our driving question was “What is the reason the cost of prisons is increasing?” We interviewed Ian Crumrine’s dad, Mike Crumrine. Mike talked to us about why in Ohio the cost is increasing. Some websites we used to support our evidence was: Smart Asset Blog. We found that the facts from this blog are from BBC. Another source we used was The Vera Institute website. This website compared Ohio with the U.S.
Saturday, February 22, 2014
Impact of the Affordable Care Act on the City of Kettering
This podcast was created by juniors in the Economics class at the Dayton Regional STEM School and explores the connection between a large scale economic event and the impact it has on their local businesses. The podcast specifically explores the effects of the Affordable Care Act and the impact it has had on the local government of the city of Kettering. Research on the topic started with a Dayton Daily News article on "Obamacare" and then branched out to include websites from both sides of the issue and lists of hours that have been cut. The students also interviewed Mr. Mark Schwieterman, the City Manager of Kettering, to get an in-depth perspective on the effects of the ACA.
Sunday, February 9, 2014
Impact of the Dayton Racino on the local economy
In their podcast, David Levine and Zach Marker discuss the impact of the new Dayton Racino on the local economy with DRSS Board Member and Dayton Chamber of Commerce VP, Chris Kershner.You can read more about the proposed project in the article "State approves $125 million Dayton racino project."
Thursday, January 16, 2014
Impact of the reopening of the GM plan on the local economy
In this podcast we are exploring the question of how a manufacturing company could affects the Dayton Area. We look at unemployment rates from the past and present and interview a professional in manufacturing. Manufacturing has been a good employment rate for Ohio and has had effect on the unemployment rates. Through this podcast we found it could be a good investment if the company moves in and supplies new jobs.
*In January of 2014 a Chinese glass company decided to move into the factory. You can find the story here.
*In January of 2014 a Chinese glass company decided to move into the factory. You can find the story here.
Saturday, December 21, 2013
Impact of the Welcome Dayton program on the Dayton economy
We made a podcast focusing on immigration into the Dayton area. Recently through the efforts of the Welcome Dayton program, there has been influx of immigration from many different foreign countries. Dayton has put so much emphasis on immigration because of the benefits they bring. They bring growth to the local economy, and people like economic growth. But that’s not all they bring. During our interview with Dayton Mayor Gary Leitzell, we learned how they have given life to the poorer housing in the community, giving it color and warmth. The state of the community overall has improved. We believe that this growth will flourish in Dayton, and then spread through all of Ohio.
Monday, May 13, 2013
Autumn on the recidivism rate of ex-convicts
Ex-cons getting out of jail and going into the workforce, how will this affect the economy?
The national rate of recidivism is about forty-five percent; Ohio’s recidivism rate is lower than the national rate and has been decreasing for the past seven years. Recidivism is a relapse into crime.
The recidivism rate for Ohio was thirty-nine point five percent in two thousand and three.
In two thousand and eight the rate decreased to thirty-one point two percent, and in two thousand and nine the rate decreased to twenty-eight point seven percent.
A study found that incarceration declined the subsequent employment rates by fifteen to thirty percentage points.
Throughout the research that has been done I noticed that when ex-cons are in jail it decreases the employment rate and increases the unemployment rate.
I would like to introduce Mrs. Sandy Monfort, she is the Reentry Coordinator at the West Central Ohio Reentry Coalition. She helps people that are getting out of jail to get a job and get back into a life they can live in.
The national rate of recidivism is about forty-five percent; Ohio’s recidivism rate is lower than the national rate and has been decreasing for the past seven years. Recidivism is a relapse into crime.
The recidivism rate for Ohio was thirty-nine point five percent in two thousand and three.
In two thousand and eight the rate decreased to thirty-one point two percent, and in two thousand and nine the rate decreased to twenty-eight point seven percent.
A study found that incarceration declined the subsequent employment rates by fifteen to thirty percentage points.
Throughout the research that has been done I noticed that when ex-cons are in jail it decreases the employment rate and increases the unemployment rate.
I would like to introduce Mrs. Sandy Monfort, she is the Reentry Coordinator at the West Central Ohio Reentry Coalition. She helps people that are getting out of jail to get a job and get back into a life they can live in.
Subscribe to:
Posts (Atom)