Lesson 5 paragaph 2.1 part 1

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Economics: lesson five

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Slide 1: Slide
EconomieMiddelbare schoolhavoLeerjaar 3

This lesson contains 12 slides, with text slides.

time-iconLesson duration is: 60 min

Items in this lesson

Welcome T3!
Please sit according to your seating plan :)

Economics: lesson five

Slide 1 - Slide

Plan for today
Chapter 1: Money moves around Chapter 2: Dealing with money
1.2 to buy is to choose

1. Start (meme)
2. Lesson goals 1.2, Q27, worksheet
3. Lesson gaols 2.1 + instruction part 1 
4. Lesson goals check
5. Time to do the homework

Slide 2 - Slide

Slide 3 - Slide

Lesson goals 1.2
1. You can give examples of different types of expenses.

2. You can name different types of income.
3. You can draw up a budgetsheet
4. You can convert a monthly amount of money to a weekly amount and vice vera.
5. You can calculate, given a budget function, how a given budget can be spend on two products.
6. You can draw a budget line and explain how changes in prices or budget affect the graph.



Slide 4 - Slide

Chapter 2 Dealing with money
Paragraph 2.1 Saving and investing?

Slide 5 - Slide

Lesson goals 2.1
- Being able to explain the saving motives in your own words

- Remember the different types of saving accounts

- Being able to explain the difference between variable- and fixed interest

-Being able to explain the difference between single- and compound interest

Slide 6 - Slide

Spaarmotieven
Sparen voor een doel
Sparen uit voorzorg
Sparen voor de rente

Saving motives
- Goal motive
 

- Precautionary motive

- Capital motive

Slide 7 - Slide

Spaarmotieven
Sparen voor een doel
Sparen uit voorzorg
Sparen voor de rente

Types of saving accounts
- Easy access saving account
           - Freely withdrawable
           -Interest rate is variable

 - Fixed rate bonds
            -Cannot withdraw or pay an intrest penalty
            -Interest rate is fixed



 

- Spaardeposito met vaste rente 

Kan opnemen met opnamekosten / boeterente

Slide 8 - Slide

Practice single interest
.



I have €47,- savings. Interest = 0,2%. Calculate the single interest for year 2 and 3

Slide 9 - Slide

Slide 10 - Slide

Lesson goals 2.1
- Being able to explain the saving motives in your own words

- Remember the different types of saving accounts

- Being able to explain the difference between variable- and fixed interest

-Being able to explain the difference between single- and compound interest

Slide 11 - Slide

Let's get down to business!
• What: Finish the worksheet and exercises  1, 2, 6, 7, 8, 9 and 13

• With who: Alone or with your neigbour
• Purpose: Process lesson goals paragraph 2.1 (part one)

• Done?: Call me, do not clean up. 

Slide 12 - Slide