Lesson 3 on 6-2-2023

• Economie
• Middelbare school
• vwo
• Leerjaar 3

Welcome!

t3e

Economics: lesson three

Plan for today

1. Start of the lesson

2. Checking your homework --> ex. 5 and 8

3. Lesson goasl - Instruction paragraph 1.2 - lesson goals

4. Time for homework + check leftover homework 

Exercise 5

Assess: are the following goods free or scarce goods.

- Crude oil

- Mandarins

- Wind power

- vacations

- Beach

- Diamonds

Exercise 8

1.2 To buy is to choose

Today:

- Sort of expenses 

- Income and budget 

- A calculation 

Wednesday:

- How to draw a budget line

- Calculation budget

Lesson goals 1.2 part 1

1. You can give examples of different types of expenses.

 

2. You can name different types of income.

3. You can draw up a budgetsheet

4. You can convert a monthly amount of money to a weekly amount and vice vera.

Fixed expenses

Flexible expenses

Discretionary expenses

Sort of expenses

Types of income and budget

Income from 

Labour: 'wage'

Income from 

Assets: 

'rent' (real estate)

'interest' (savings)

Transfer income:

'Allowance' or

'Benefits'

A budgetsheet

Calculation: Month to week

12 months in a year

52 weeks in a year

NOT 4 weeks a month

 

Practice

I earn €736,- a month. How much do I earn per week?

Round off to two decimal places

Lesson goals 1.2 part 1

1. You can give examples of different types of expenses.

 

2. You can name different types of income.

3. You can draw up a budgetsheet

4. You can convert a monthly amount of money to a weekly amount and vice vera.

Let's get to it

• What: Do exercises 14, 15, 17, 18, 20 and 21

• With who: With your neigbour or individually

• Purpose: Achieve lesson goals 1.2 (part 1) 

• Done?: Check the left over homework for last week. (I sent the answers via magister email)