Impressionen: Powi E-Phase und Bili 10 - Digitaler Unterricht

Mit Comic!

07.04.2020 | Übersicht

Der Unterricht für den PoWi PK EII Ws war am 25.3.2020 per Email:
 
1. Email:
Hi alle, guten Morgen 
beim Durchsehen der Themen des Kerncurriculums, die wir behandeln müssen, ist mir folgender Stichpunkt ins Auge gesprungen:
"gesamtwirtschaftliche Auswirkungen individuellen ökonomischen Verhaltens".
Was fällt euch da für unsere gegenwärtige Situation SOFORT ein, was sich lohnen würde zu untersuchen?
(dann antworteten die Schüler*innen: Hamsterkäufe, Toilettenpapier, Seife, Hygieneartikel, Schutzmasken, Desinfektionsmittel etc

In einer weiteren Email erhielten die Schüler*innen dann die folgenden Aufträge:
Bitte recherchiert zunächst eure Themengebiete. Denkt an den Schwerpunkt aus dem KCGO "gesamtwirtschaftliche Auswirkungen individuellen ökonomischen Verhaltens" und passt euer Thema darauf an.
 
Schreibt mir, wenn ihr Hilfe braucht und 
 
Schreibt mir schließlich in den nächsten Tagen, wie euer Produkt aussehen wird. 
 
möglich sind: Texte, PPP, Comics, eurer Phantasie ist eigentlich keine Grenze gesetzt.....Fertig sein sollte es Donnerstag, 2.4. 12.00

Comic von
Ioanna M. und Sophia R.

zum Thema

"Einfluss der Marktwirtschaft auf das Gesundheitssystem: Weshalb das Gesundheitswesen unabhängig sein sollte!"


Comic unten zum Download! (oder klicken)









Impressionen aus Bili 10:


Aufgabe für den Kurs “PoWi bili 10 Wiser” am 25.3.2020, verschickt per Email:

 

Essay assignment

„Explain, why the recent decisions of the ECB and the FRS have an immediate effect on the economy of their respective scope of influence (Geltungsbereich). Use the following articles (name them in your essay!).“

 

https://www.tagesschau.de/wirtschaft/ezb-corona-101.html 

https://www.euractiv.com/section/coronavirus/news/ecb-unveils-e750-billion-stimulus-against-coronavirus/  

 

https://www.dw.com/en/us-fed-cuts-rates-in-emergency-move-against-coronavirus/a-52626425

  

https://eu.usatoday.com/story/money/2020/03/03/coronavirus-fed-cuts-rates-sharply-response-coronavirus-threat/4937938002/

 

Ergebnisse von Schülerinnen und Schülern:

 

The Coronavirus pandemic has an impact on the whole world and the economies of the single countries. The central banks are now taking action to prevent an economic collapse. I am going to take a closer look at how the ECB (European Central Bank) and the FRS (Federal Reserve System) respond to the crisis and how their actions have an immediately effect on their target group.

The article “ECB unveils €750 billion stimulus against coronavirus”, which was published for Euractiv on March 19, 2020, deals with the actions the ECB has taken. It is mentioned that the ECB is releasing a pandemic emergency purchase programme which consists of €750 billion. This programme is supposed to solve the core problems, but nonetheless a part of the economic has to be frozen to prevent the spreading of the virus. Some of the ECB collateral standards have been eased to make it possible to bond purchases and allow banks to raise funds. All this will help to preserve the Euro as such so that it doesn’t decrease in value and that the life after the pandemic stays the same as it was before. These measures will also be helpful for individuals to survive those times.

 

Now we talked about Europe, but what about the US? In the article “Fed cuts rates sharply in response to coronavirus risk to economy, markets” by USA Today from March 3, 2020, a relief program by the American government during the coronavirus pandemic is presented. $2.5 trillion are ready to be injected into financial markets. Interest rates are taken down to 0% to make the lending of money cheaper and more effective. A new credit facility is expected because the FRS said how they want to help businesses and households to “stay afloat”. The Fed declared that all this needs to be done to shelter the economy from the effects of the virus so that there are no long-term consequences.

 

All in all, both ECB and the FRS want to give the countries as much money as possible to prevent an economical disaster and to help the individuals in each country to survive the pandemic and keep their jobs and families. The people shouldn’t experience a big change in their lives after the pandemic is over.

by Ena G. “PoWi bili 10 Ws” (28.03.2020)

 

********************************************************************************************

At the moment, the economy is very damaged. Due to the Corona crisis all restaurants, cinemas, shopping centres and most of our airports are closed. Nearly every company has none or very little turnover at the moment. Especially freelancers and small companies have to be afraid of becoming insolvent. The governments of many countries provide financial help to their citizens to cope with the crisis.

In Europe, the ECB (European Central Bank) is buying government bonds.  With the regularly planned bond purchases and asset purchases, the ECB invests more than 1.1 billion Euros in 2020.  (2.5 trillion Euros since 2015). The ECB claims to be fully prepared for this crisis. (Tagesschau article)

In the US, the FRS (Federal Reserve System), or often referred to as “the Fed,” is helping the economy with cash injections of more than 2.5 trillion $ into the financial markets within the last two weeks (as of March 18, 2020). Also, the Fed is lowering the key interest rate by a half, from 2% to 1% - 1,25%. The Fed has additionally unveiled a new credit facility to help small businesses and households to cope with the crisis.  (EURACTIVE article)

The Fed and the ECB have a huge amount of power over our economies, which they use at the moment to stabilize the economy. The states don´t have enough money to provide credits and financial help to businesses and freelancers in need. Their decisions to do cash injections or bond purchases have an immediate effect on our weakened economy. These measures are very important to help our economies to prevent an even bigger crisis.

Leon G., March 28, 2020

 

***********************************************************************************************

The ECB and FRS have an immediate effect on the economy of their respective scope of influence because the Corona pandemic that is currently ongoing has a significant impact on the European and American economies. According to an article from euaktiv.com from Wednesday, March 18, 2020, the ECB (the European Central Bank) announced that it will perform bond purchases worth 750 billion. This so-called Pandemic Emergency Purchase will provide buying bonds from government and corporations. This action will stop borrowing costs for governments, especially from Italy and Spain who are heavily impacted by COVID-19. Christine Lagarde, president of the European central bank, has even stated on Twitter “extraordinary time requires extraordinary measures”. EU- Governments will show financial support and solidarity.

In the USA, written on the website of DW.com on 3th March 2020, some supportive actions will be taken by the US-central bank, the Federal Reserve System in order to save the American economy during the Corona crisis. They will cut the interest rate by half a percentage point. This way, they will provide “cheap loans for normal banks” who will further distribute these loans to American companies. In USA Today it is even said that the actions of lowering the interest rate were immediately visible since the Dow Jones was up more than 100 points after this announcement. Fed chair, Jerome Powell, said that the US economy is strong and will get through this crisis. But Donald Trump criticized the Fed and Powell and said that the rate cut should have been even bigger. That´s why we may expect an even lower rate in the future.

In conclusion, it can be said that the FED as well as the ECB are taking strict measures in this Corona crisis. They are willing to help and show financial support and solidarity, something that will prevent our economy from falling appart.

Ivana Milicic Powi-Bili 10 Ws, (March 28, 2020)

 

*************************************************************************************************


The ECB announced that it would spend €750 billion in government and corporate bond purchases to combat the economic fallout of the Coronavirus in order to protect the citizens and to show their commitment to the Euro. This decision came only several days after they unveiled a big-bank stimulus package that didn't successfully calm nervous markets, increasing the pressure and tension on the ECB to do more. Many countries will benefit and potentially rely on this unexpected decision, such as Italy, a country that is riddled with debt. The ECB is willing to relax some of their self-imposed restrictions on bond purchases in order to help other European countries in need; for the first time Greece will also be included in the bank's asset purchases. The effect this will have on the citizens, is that they will finally have some peace of mind in this critical situation that the world is currently in; they are being assured that the government has their back and they don't need to fear losing their livelihoods or homes. (Source: euractiv.com)


Likewise, the Federal Reserve decided to cut rates by half a percentage point, due to the fact that people may struggle with keeping their businesses running, paying rent or debt and even keeping their familys fed. The immediate effect it has is that the economy is less negatively affected by the Coronavirus crisis than it would be if rates weren't cut, as people will have an easier time managing the issues that they may run into due to the outbreak. (Source: 
eu.usatoday.com) Initially, the Fed did not want to lower rates, but as the number of reported cases of the virus rose around the world and the US had its first fatality, the pressure on them went up. (Source: dw.com)

The US Federal Reserve leading the way, measures taken by central banks nationwide (e.g. England, Canada, China, Australia and Japan) have surpassed those of the 2008 financial crisis; even unveiling a new credit facility to further help out. In conclusion, many countries in the world are taking drastic measures in order to prevent the economy from being destroyed due to the outbreak of Covid-19. The decisions are being made quickly, however, with a lot of thought behind them: The governments are doing everything in their ability to protect their citizens, at least that is the case with the ECB. In contrast, Trump isn't so fond of the decision of the Fed and remains critical. He believes the rates should have been cut even more. 

 

Devin Miller, PoWi bili 10 Ws (March 28,2020)


Weitere Ergebnisse im Download unten: