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.
Monday, December 29, 2014
Ian and Ean on Cyber-Attacks on Target
We wanted to look at how cyber-attacks against big businesses effect the consumers, and that the consumer's response if to the cyber-attack if it is successful and then how that affects those businesses. In the podcast we interviewed Paula Milligan and asked her about how she was affected by the cyber-attack against Target.
Monday, December 22, 2014
Nathan and Jacob on the Affect of Large Businesses on Local Small Businesses
In this podcast Jacob and Nathan interviewed Susan Dixon, an owner of a small health foods store in Huber Heights, Ohio, called Nutra Foods. They interviewed her to learn how small retail stores are affected by large retail corporations. The news story that inspired them to look into this issue was about Cosco, a large retail store, moving in to Centerville, Ohio. Once interested, Jacob and Nathan researched statistics about the benefit of small businesses on the US economy. They found that small businesses are vital to the economy, by providing many jobs and new ideas.
Saturday, December 20, 2014
Bret and Nic on the Dayton area YouthWorks Program
During our initial research, we found an article that explained how the YouthWorks program was increasing its numbers. After researching the program and information about its previous seasons, we decided to interview Rocky Rockhold, the coordinator of the program. He guided us through the process and how the program has functioned previously. With information about previous experiences and future expectations, we asserted that the program would meet its goals this summer.
Keaton Bonds and Alex Smith on Aerospace Funding in Dayton
SOAR and the IMCP - Aerospace Funding in Dayton
Earlier this year, SOAR - the Southwestern Ohio Aerospace Region - was designated as an area of aerospace development by the IMCP. This designation gives the region priority in federal funding. According to the Bureau of Labor Statistics, in May of 2013, Dayton had more than 7 times as many aerospace engineers per 1000 jobs than in the nation as a whole. In this podcast, we investigate the effects this new funding will have on the amount of jobs in the aerospace industry in this region. We predicted that this extra funding should allow employers spend more on hiring, training, and paying new employees. For more information, we interviewed Kerry Taylor, Director at the Ohio Aerospace Hub. The full podcast can be found here.Monday, July 21, 2014
Nat on the effect of mergers on the local economy
In this podcast Nat Williams takes and insightful look into mergers and their effect on the local economies. I look mergers between Comcast and Time Warner, and Verso and NewPage. He interview Dr. Scott Williams, a professor at the Wright State’s Raj Soin College of Business.
Songs used in order of appearance:
Gonna Start Kevin MacLeod (incompetech.com)
Go Cart Kevin MacLeod (incompetech.com)
Montauk Point Kevin MacLeod (incompetech.com)"
Sunday, July 20, 2014
Sam on the impact of an increase in the minimum wage on the local economy
In this podcast Sam discusses the minimum wage and how a change would affect the Dayton area. He interviewed Kerry Taylor, a Dayton expert in economic development, a local area expert who understands how the Dayton economy would be affected by a minimum wage increase. This topic ended up being very interesting to research, and Sam learned a lot about how the issue really isn't as black and white as politicians would have us believe.
Sources:
http://billmoyers.com/2014/03/07/all-of-the-arguments-against-raising-the-minimum-wage-have-fallen-apart/
http://www.nytimes.com/2013/03/03/business/the-minimum-wage-employment-and-income-distribution.html?pagewanted=all&_r=0
http://www.payscale.com/data-packages/minimum-wage-debate/job-type
http://articles.chicagotribune.com/2014-03-10/business/ct-biz-0310-work-advice-huppke-20140310_1_minimum-wage-william-wascher-david-neumark
http://www.debate.org/minimum-wage/
Saturday, July 19, 2014
Impact of gasoline prices on local hybrid car sales
In this podcast Shawn and Cameron look at how gas prices affect the amount of hybrids being sold. After reading the article called "Auto makers beat EPA greenhouse gas emissions standards," the wondered if gas prices have anything to do with how many hybrids are sold. They were surprised by what they found. We then got to interview Mr. Nappo from classic Toyota for more info.
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