604
edits
Changes
Jump to navigation
Jump to search
Line 76:
Line 76: − + Line 82:
Line 82: − + + + + + + + + − + − + + + +
→Activity No #
Dynamic analysis is useful in making predictions (for e.g., about economic output), which static analysis does not allow.
Dynamic analysis is useful in making predictions (for e.g., about economic output), which static analysis does not allow.
===Activity No # ===
===Activity No 1 household economic decisions ===
{| style="height:10px; float:right; align:center;"
{| style="height:10px; float:right; align:center;"
|<div style="width:150px;border:none; border-radius:10px;box-shadow: 5px 5px 5px #888888; background:#f5f5f5; vertical-align:top; text-align:center; padding:5px;">
|<div style="width:150px;border:none; border-radius:10px;box-shadow: 5px 5px 5px #888888; background:#f5f5f5; vertical-align:top; text-align:center; padding:5px;">
|}
|}
*Estimated Time
*Estimated Time
*Materials/ Resources needed
1 hour
*Materials/ Resources needed - Pen and paper
*Prerequisites/Instructions, if any
*Prerequisites/Instructions, if any
Ask the students about the questions that their parents try to answer when making household decisions relating to purchasing goods for the family
*Multimedia resources
*Multimedia resources
*Relevant local connections - people, places and materials
*Relevant local connections - people, places and materials
*Website interactives/ links
*Website interactives/ links
*Process
*Process
*What questions can you ask
*What questions can you ask
*Assessments - incorporating elements of CCE
*Question Corner
*Assessments - incorporating elements of CCE - Assessing application of economics to daily life
*Question Corner -
What are the three fundamental questions that economics tries to answer?
Are different household expenditure items different? What are the reasons for the differences
===Activity No # ===
===Activity No # ===