7.1 Tijd is geld

Exchange over time



7.1 Time is money
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Slide 1: Diapositive
EconomieMiddelbare schoolhavo, vwoLeerjaar 3

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Exchange over time



7.1 Time is money

Slide 1 - Diapositive

Slide 2 - Diapositive





Which problem may occur when the price of the scooter increases with 3% each year?

Slide 3 - Diapositive

Time is money

human capital 
pension fund
savings

Slide 4 - Diapositive

Savings and loans
postpone consumption
price = interest 
low interest = inexpensive time
high interest = expensive time 

Slide 5 - Diapositive

Do some excersises

Do ex. 1 u/i 6 + ex. 8

done?
Do ex. 7

Slide 6 - Diapositive

Exchange over time



7.1 Time is money

Slide 7 - Diapositive

Inflation
“Increase in the general price level of goods and services in an economy over a period of time”

2000: €1,00
2019: €1,25

Slide 8 - Diapositive

Nominal and real
Nominal interest rate
Inflation
Real interest rate

Slide 9 - Diapositive

Nominal and real
2017
Savings: €200,-
New telephone: €200,- 
Interest: 2%
Inflation: 2,5%

What happend to the purchasing power?

Slide 10 - Diapositive

Index
Number used to show the relationship between a series of figures.

Base year always has the index 100

Slide 11 - Diapositive

Index
Big Mac Menu

2015: €4,50
2016: €4,65
2017: €4,95

Base year: 2017


Slide 12 - Diapositive

Do you have any questions about chapter 7.1 so far?

Slide 13 - Question ouverte

Do some excersises

Do ex. 9 u/i 12

Done?
Do ex. 13 and 14

Slide 14 - Diapositive