For Module 6, project.

Please read When you reach a Stop

Sign on the file, save your
Part One: economic
you will be the lessons first and then
fill out the charts.
work and submit your file Choose an issue.
completing a for a grade.

Watch the 6.01 Video: http://tinyurl.com/601project

6.01 Research Chart
Choose/Define your chosen situation I chose water pollution. The problem with this is that there are so many chemicals and so
or problem from above: much trash in the ocean, that there are millions of dollars being lost from the loss of
tourism. No one wants to go vacation at a beach where there is trash in the ocean.
Subject Guiding Questions Your Responses
1. Take the issue you have chosen and With trash on the beaches and in the water, places
explain how it affects your community. just like here in Satellite Beach are losing money from
tourists because of the water pollution.
2. What do members of your family and I have talked with my Marine Science teacher about
community say about the issue? this, and it is a serious epidemic. All this trash that is in
the water is taking a huge toll on the sea creatures
that live in the ocean and is also making beach
communities lose millions of dollars.
Subject Guiding Questions Your Responses
Construct a circular-flow diagram that 3. How does this issue affect households It is making people want to spend less time at the
incorporates effects of your chosen and local residents? beach because of all the trash in the water, plus the
issue on economic products and various damage this makes to commercial fishing is severe. If
sectors of the economy. (Chart is below there is so much trash in the water, that the fish
that will be filled out) consume it, then fisherman cannot sell fish because it
will be harmful to people. This means that the
Videos on the Circular Flow Model households by the beach are spending more money on
the lesser number of fish that is there.
Circular Flow (AC/DC) 4. How does this issue affect area Hotels and places to stay by the beach are losing large
http://tiny.cc/CirFlowAcDc businesses? amounts of money because of the decline in people
staying at them.
Simply Circular Flow
 https://sas.elluminate.com/site/ 5. How does this issue affect our Local – The government locally is spending more
external/jwsdetect/playback.jnlp? government at the local, state, and national money trying to clean up these beaches.
psid=2011-10- levels?
05.1454.M.33F637127C2B2593A92E0AF State – The state government is having to deal with
80C45C2.vcr&sid=679/ treating drinking water, that cost is rising quickly.

Financial Institutions & The Circular Flow National – The Environmental Protection Agency,
https://sas.elluminate.com/site/ which is a national corporation, is having to deal with
external/jwsdetect/playback.jnlp? increasing water treatment costs all around the
psid=2011-10- country. Also, all around the U.S, there is damage to
05.1518.M.D2058A50A9AAFBEFAA2EAE commercial fishing that has to be dealt with.
FC0517B4.vcr&sid=679/
3. How does this issue affect the rest There is water pollution in all the oceans across the
Government and The Circular Flow of the world? water. The Great Pacific Garbage Patch, which is a
https://sas.elluminate.com/site/ patch of garbage so big that it could cover the size of
external/jwsdetect/playback.jnlp? the United States and Canada, is a worldly problem. All
psid=2011-10- countries are going to have more and more water
07.1454.M.D300C0685245D36050B86D pollution if this is not dealt with. The cost of clean
E24C721A.vcr&sid=679/ drinking water will go up all around the world.

Exports & The Circular Flow 4. How does the issue affect Resources – We all know water is a renewable
https://sas.elluminate.com/site/ resources, goods and services, and resource, but it is being hugely affected by the amount
external/jwsdetect/playback.jnlp? finances? of trash in the ocean. The longer sediment is in the
psid=2011-10- water, the smaller it breaks down, and the less likely it
07.1539.M.C627FC401609C68C999BB5D is to be retrieved.
D8BD2CC.vcr&sid=679/
Goods and Services – There is damage to commercial
fishing and harvesting of shellfish because of the water
pollution.
Finances- So much more money is being spent all
across the country to try and get the water clean.

Circular Flow Diagram Below. Complete connecting all areas for both connections.
Delete info in white boxes and type the connection in the box so it shows the relationship going both ways.
 Water Pollution
Any business that makes plastic water bottles and bags that are not recyclable are contributing to this problem. There are also business that help
with filtering water.
Replace the questions in the white boxes with your explanations? It should all relate back to your issue &/or industry that contributes to the
problem.
Government

To get more money to protect

Households get to use plastic bags
our waters.
2 for their food and get to use 3
The government buys plastic
1 disposable bottles. The problem is
bags to put in stores all across
that they aren’t actually disposable.
the country.

Household The households get money

from the financial markets.

5
Water and food go to the
4 households.

Factor Market Financial Market

Product Market

Plastics, like plastic bottles, 8

Plastic bags are actually
7 bags, and containers are
bought, they take about one
always being produced. Business Firms penny to produce, but can be
bought for up to eight. Businesses can also get money
from the financial market to 9
help with filtering out water.
The United States actually
6 exports plastics.
The rest of the world will also
need things to keep their
Rest of World water clean.

10
 SAVE THE FILE AS “Mod 6 Project 1” AND SUBMIT FOR 6.01

This next section is for the 6.02-6.03 Research Chart. Submit the full chart for 6.03.
6.02 Research Chart
Subject Guiding Questions Your Response
Identify the important criteria to 1. What are the necessary conditions People need to know about the problem. Right now, there isn’t
evaluate possible solutions. for any possible solution to work? much being done about the problem because no one knows about
it. The businesses being affected also need to understand that
water pollution is a big impactor in what is damaging them.

2. Are there budget or labor Yes, since it is very cheap to make things out of plastic, there may
concerns? be a problem with switching from plastic to another material, or it
will be more expensive to make all the products biodegradable.

3. Does the public need to be aware The public does need to be aware of this, because they are the ones
of and support the solution? who will be doing most of the work. People need to understand
how big of a problem water pollution is, and that it is affecting their
communities and environment.

4. What challenges are there to Not everyone will care enough to be willing to help with the cause.
implementing each solution? Also, not all companies will want to get rid of plastic bags because
they are so cheap.

5. How else might you judge possible People will be able to understand what is happening to the water
solutions against each other? supply of the Earth, and they will want to change.
 6. What do your parents say about My mom does not believe that the cause of this pollution is the
the issue? number of plastics in the ocean, and my dad believes that there
needs to be a change in how recycling is looked at.

7. Should possible externalities factor Yes, every small thing will help.
into the chosen solution?

6.03 Research Chart

Subject Guiding Questions Your Responses
Consider all possible solutions or 1. Give 3 possible solutions to 1. People can stop nonreusable plastics and start using containers
alternatives. the economic issue you are that are reusable to lessen the amount of plastic going into the trash
investigating. system.

2. There needs to be a limit on the number of pesticides that can be

used, because runoff is a big problem.

3.Hotels and businesses across country can stop using as many

plastics as possible and start using biodegradable products like paper.

2. Why would some people 1. It is quicker to just be able to throw away a disposable plastic bag,
oppose the solutions you so using reusable containers would waste people’s time.
have chosen? (Answer for
each solution) 2. People will want to use the pesticides they have always been,
because it helps with their lawn and plants.
 3.These businesses may not want to do anything to help because
plastics are a cheaper alternative than paper or other material.

Calculate the consequences of these 1. What positive or negative Households –

solutions—both intended and externalities does this issue Positive –
unintended at all levels of the economy. present at each sector of 1. There will be less trash and pollution in the water so it will make it
the economy? Refer to your safer for the people.
VIDEOS ON EXTERNALITIES circular-flow diagram.
2. Their beaches will be cleaner which will mean a better time around
FLVS Externalities Be sure you look at the positive their home.
https://sas.elluminate.com/site/ and negative for EACH of your
external/launch/play.jnlp? solutions from above. Negative –
sid=679&psid=2011-09- 1. Many won’t like the extra cost that may come with a cleanup the
21.0824.M.3EFFE77E221FD9252E546ECA beach plan.
E202DE.vcr
2. People in households may not want to spend their time on any
AC/DC Economics on Externalities time of volunteer work, or to take any extra time recycling the correct
http://www.youtube.com/watch? way.
v=1FQyKMxv4mA&feature=plcp
Businesses –
Negative Externalities-Khan Academy Positive –
http://www.khanacademy.org/finance- 1. They will have a really healthy business, and they will know that
economics/microeconomics/v/negative- they are doing the right thing for the environment.
externalities
2. Helping the environment will make the business look better and be
Positive Externalities-Khan Academy environmentally friendly.
http://www.khanacademy.org/finance-
economics/microeconomics/v/positive- Negative –
externalities 1. It will cost them a lot of money to make a change.

2. It may take up much more time than what they were previously
doing.
 Government –
Positive –
1. They will be spreading more awareness for this growing problem.

2. They will have cleaner water and be able to protect their citizens
better.

Negative –
1.It will cost millions of extra dollars.

2. They will need extra funding for any changes they are making.

Rest of the world –

Positive –
1. There will be so much less water pollution, meaning a safer planet
for all.

2. Less diseases from water pollution.

Negative
1. It will cost many countries across the world money to make a
change.

2. People may not want to make that amount of effort.

2. What incentives do Individuals –
individuals, businesses, and 1. It will keep them safer and keep their peers safer as well.
government have to act on
each possible solution? 2. They will know that they did their part to help the environment

Be sure to look at each solution Businesses –

for each incentive. 1. It will give them a better rep as a business that is environmentally
friendly.

2. Depending on where the business is located, they will have more

 people coming to them.

Government –
1. They will be helping their country and making it healthier for
everyone.

2. There will be one less problem they have to deal with, once this
economic and environmental issue is addressed.

3. What are the Positive –

externalities, both positive and 1. The water will become cleaner, and less disease will spread.
negative that could result from
each possible solution? 2. Businesses will be booming as they once were because there will
be less problems of trash and litter at beaches and lakes.

Negative –
1. All the money put in, may not be given back and it will be seen as a
waste of time.

2. All the time spent changing the ways of how trash is disposed of
could all go back to how it once was, and the problem of water
pollution may continue.

SUBMIT FULL CHART FOR 6.03 – DO NOT DELETE THE PORTION FROM 6.01!!!
 This portion is NOT required to be completed. It will help you tremendously for 6.05 though.
6.04 Picture Collection Activity
For your 6.05 presentation (powerpoint template recommended: http://tiny.cc/605presentation )
Be sure to keep a record of where you found your pictures for the citations list.

This next section is for your 6.05 Research Project assessment. Use the rational decision making model:
1. Define the situation or problem
2. Identify the important criteria to evaluate possible solutions
3. Consider all possible solutions or alternatives
4. Calculate the consequences of these solutions versus satisfying the criteria
5. Choose the best option
6.05
Subject Guiding Questions Your Responses
Step 2: What sort of items will you be Criteria (several/same you will use for ALL solutions) -
Identify the important criteria to looking at to pick the best
evaluate possible solutions solution? Use what you learned
from the whole course
(costs/benefits/etc)
Analyze and Choose How does each possible solution Solution 1 –
for your chosen issue meet or
fail to meet each of your
criteria?
Solution 2 –
Refer back to your chart for 6.02
and the criteria for conditions,
budget/labor concerns, public
support, your parents ideas, how Solution 3 -
do they compare to each other,
and externalities.
 Based on your research, which is
the best solution to turn into
action? Explain why you made
this choice over the other
possible solutions. Refer back to
the criteria and the externalities.

Now it is time to create your presentation. You should create a presentation that includes ALL of your research. Your introduction should come
from your research in 6.01. The “meat” of your presentation will come from you findings in 6.02, 6.03, and 6.04. Your conclusion will come from
your findings in 6.05.

Your presentation can be anything including a slide show, video, website, speech, essay with charts, skit, or blog. Just be sure that EVERYTHING
is included and that you do not simply list your research charts. They should be incorporated into your presentation – not just copied and
pasted.

You can also use this template to create your presentation.

Good luck.