Lesson 10 on 15-3-2023

• Economie
• Middelbare school
• havo
• Leerjaar 3

Welcome!

t3e

Economics: lesson ten

Planning vandaag

1. start

2. Lesson goals - repeat - explanation - lesson goals

3.  'Bovenbouw boekjes' and time to do the homework 

Chapter 2 Dealing with money

Paragraph 2.1 Saving and investing 

Paragraph 2.2 Do you have enough money?

Lesson goals 2.2

Lesson 1:

- You can explain the different motives to borrow money in your own words

- You are able to calculate credit costs

-  You can explain the risks of borrowing money

Lesson 2:

- You can explain the difference between the most common types of loans

- You are able to explain the differences between the mortgage type 
 

Loan

Buy

Redemption

Instalments

+ interest / credit costs

debt-to-income ratio?   Other debts?

                                      (Check at BKR)

Risk!?

NO!

NO!

YES!

Mortgage

= loan to buy a house (or boat)

House = Collateral--> less risk for the bank

Fixed repayment each month

Fixed amount: the annuity

(interest + redemption)

Consumer credits

- Personal loan

-Revolving credit

-Current account overdraft

-Deferred/ instalment payment  --> In instalments, but onwership

-Hire purchase                                    --> Only onwership after everything is payed

Lesson goals 2.2

Lesson 1:

- You can explain the different motives to borrow money in your own words

- You are able to calculate credit costs

-  You can explain the risks of borrowing money

Lesson 2:

- You can explain the difference between the most common types of loans

- You are able to explain the differences between the mortgage type 
 

Let's get to it!

• What:  Do exercises 21 untill 37

• With who: Together or alone

• Purpose: Process the information of this lesson

• Done?: Call me, I will tell you what to do next