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Chapter 1 Money moves around lesson 5 for 3thp
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Economie
Middelbare school
havo
Leerjaar 3
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Slide 1 - Diapositive
What are we going to do today?
Remember last week?
Let's have a look at todays homework
Learning goals
Theory section 1.3 second part
Let's do some calculating
Work on the assignments
Did we meet our learning goals?
Slide 2 - Diapositive
Swapping (trading) goods and services without the use of money is called.
A
Indirect exchange
B
Direct exchange trade or barter
Slide 3 - Quiz
Money has three functions. When we use it to represent the value of a product it is?
A
exchange
B
unit of account
C
store of value
Slide 4 - Quiz
Which answer is not a technical requirement for a medium of exchange?
A
it has to be portable
B
it has to be divisable
C
it has to be perishable
D
it has to be hard to produce
Slide 5 - Quiz
Money in the form of banknotes and coins is called?
A
chartal money
B
checkable money
C
intrinsic money
D
extrinsic money
Slide 6 - Quiz
The value of what money is made of (paper or metal) is called?
A
extrinsic value
B
intrinsic value
Slide 7 - Quiz
Slide 8 - Diapositive
Learning goals
You can explain the concept of purchasing power
You can explain the concept of inflation
You can calculate a percentage change
You can calculate the purchasing power index number
Slide 9 - Diapositive
Slide 10 - Diapositive
Slide 11 - Diapositive
Why was everthing so cheap in the old days?
Slide 12 - Diapositive
Slide 13 - Diapositive
Calculation percentage change
To calculate a percentage change, use the
following formula:
(new value - old value) : old value x 100
This year a frikandelbroodje costs € 0,89. A year ago it was
€ 0,79. Calculate the percentage change.
Slide 14 - Diapositive
Take the next 10 minutes to work on assignment 40, 41, 42 and 43
Slide 15 - Diapositive
Slide 16 - Diapositive
Slide 17 - Diapositive
Slide 18 - Diapositive
Continue working on your homework for next week.
Finish section 4.3 (so up and including assignment 46.
Finish early?
Need more practise? Have a look at the revision assignments.
Problems with calculations? Do some math assignments.
Need more challanges? Go to the in-depth assignment.
Slide 19 - Diapositive
Remember our learning goals?
You can explain the concept of purchasing power
You can explain the concept of inflation
You can calculate a percentage change
You can calculate the purchasing power index number
Slide 20 - Diapositive
Slide 21 - Diapositive
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