3E Economics par. 1.1

• Economie
• Middelbare school
• vwo
• Leerjaar 3

3E Economics

- Economics <-----> Business Economics

Both in 3E book, Profile choice

- Notebook ( A4 )

- Calculator

- Chromebook 

join lesson via LessonUp

3E Economics

- Work schedule in google classroom

- During 1st half of the year often 2 lessons a week and no Dalton hour

Sometimes this 2nd hour is changed into a Dalton hour

- For every lesson content and homework is visible

- During 1st half of the year no tasks are signed of

- During lessons you get time to work on assignments from the paragraphs. Every 3 weeks there is a check on these assignments

- During the 1st period homeworkassignments and assignments form the paragraphs are made in your notebook

Lessons

LessonUp used in Lessons

During this part of the lesson you can use your chromebook

Not every lesson via Chromebook ( teacher will indicate this at the start of the lesson )

Afterwards lessons are shared digitally via LessonUp

Working on homework and exercises from the paragraphs

Lessons

Chromebook to be able to join lessons via LessonUp

( homeworkcheck, explanation, quiz questions )

Silence and paying attention during explanation

Questions and answers by raising your hand

2nd part of the lesson: 

Chromebook closed and time for:

Working on homework, assignments from the paragraphs and questions

Economics

Economics

                                               Scarcity

Needs <---------------------------------------> Means

( unlimited )                                                                     ( limited)

                                              Choices

                                              Setting priorities  

Scarcity: not enough means are available to fullfill everyone's 

needs

           

Economics

The need for scarce goods is always greater than the means available.

The scarcer the item, the higer the price.

Put the following items in order of the highets scarcity

a concert ticket for Taylor Swift in Amsterdam

a work of art by Banksy

Toilet paper

Toilet paper during corona

Economics

Free goods: no production factors are needed to produce the good, f.e. sunshine, rain

Scarce goods: production factors are needed to produce the good, f.e. bread, bicycles

So scarce is not the same as rare in economics.

Is the air we breath a free good?
And explain your answer shortly.

Economics

Companies need production factors to produce goods

If they choose to use the production factors to produce product A, they can't produce product B.

The production factors are:

Labour, Capital, Nature and Entrepeneurship

Economics

Self-sufficiency: Making products yourself

Consume: buying goods ( tangible ) and services ( intangible ) to fullfill your needs

Capital

Labour

Nature

Entrepeneurship

a hammer

land

car mechanic

Elon Musk

I: The fridge in your kitchen is a consumer good
II: The fridge in a restaurant is a consumer good

1. I and II are true
2. I is true, II is false
3. I is false, II is true
4. I and II are false

Do you feel you have a basic idea what economics is about?

1. Yes
2. Yes, a little
3. No, not really
4. No, not at all

Hw.

For next lesson:

Par. 1.1: Assignments 4,5,6

Assignments form the paragraphs:

Par. 1.1 assignments 2, 3, 7, 8, 9, 11, 12, 13