Topic 1.5 Income and Expenditure

• Economie
• Middelbare school
• havo
• Leerjaar 2

Topic 1

Income and expenditures

Agenda

• Discuss Homework
• Explanation Topic 1.5
• Get to work! 

Discuss Homework

Learning goals

At the end of this lesson you know:

• the most important sources of income
• the three sorts of expenses

Sources of income

Important sources of income

• Work
• Assets
• Rent
• Your own company

You can use your income to consume or to save

Benefit

Another type of income can be a benefit:

• Child benefit
• Housing benefit
• Unemployement benefit

Expenditure

Expenses of a family can be divided into three groups

• Daily expenses
  
• Fixed costs
  
• Incidental expenses
  

Assignment - making a budget

Do the assignment that the teacher will hand out

Make a picture of your budget (assignment)

Give the three correct sorts of incomes

1. Income of work
2. Income of assests
3. Incidental income
4. Benefits

What are daily expenses?

1. An overview of income and expenditures
2. Expenses that happen regularly
3. Expenditures for groceries
4. Expenses that do not happen very often

Get to work!

Do tasks from: Income and Expenditure

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