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3E Economics par. 5.2

Par. 5.1 assignment 5
A
Turnover € 4.800 Purchase value € 3.200
B
Turnover € 8.000 Gross profit € 3.200
C
Turnover € 8.000 Gross profit € 4.800
D
Purchase value € 4.800 Gross profit € 3.200
1 / 33
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Slide 1: Quizvraag
EconomieMiddelbare schoolvwoLeerjaar 3

In deze les zitten 33 slides, met interactieve quizzen en tekstslides.

time-iconLesduur is: 30 min

Onderdelen in deze les

Par. 5.1 assignment 5
A
Turnover € 4.800 Purchase value € 3.200
B
Turnover € 8.000 Gross profit € 3.200
C
Turnover € 8.000 Gross profit € 4.800
D
Purchase value € 4.800 Gross profit € 3.200

Slide 1 - Quizvraag

Par. 5.1 assignment 7
A
A 8.281 - 1.109 B 1.109 - 1.020
B
A 8.281 - 1.109 B 1.109 + 1.020
C
A 8.281 + 1.109 B 1.109 - 1.020
D
A 8.281 + 1.109 B 1.109 + 1.020

Slide 2 - Quizvraag

par. 5.1 assignment 14a
What is not a good calculation?
A
10.000 / 100
B
20.000 / 200
C
30.000 / 300
D
30.000 / 600

Slide 3 - Quizvraag

TVC sales 200
TC sales 100
TVC sales 100
5.1 14b
10.000 + 12.000
22.000 - 20.000
2.000 / 100 x 200

Slide 4 - Sleepvraag

3E Economics par. 5.2

Slide 5 - Tekstslide

Wage costs <--> Net wage
Net wage = Gross wage - Taxes and Employee social insurance contributions
F.e. = 3.000 - 1.000 = 2.000

Wage costs = Gross wage + Employer social security contributions
bijv. = 3.000 + 500 = 3.500


Slide 6 - Tekstslide

Slide 7 - Tekstslide

                                     WIG
                                                                      Verschil loonkosten werkgever
                                                                                   en nettoloon werknemer

Slide 8 - Tekstslide

Contributions
contributions employee insurance schemes paid by employers
F.e. WW and WIA

contributions national insurance schemes paid by employees
F.e. AOW and ANW

Slide 9 - Tekstslide

Calculate the net wage:
Gross wage: € 3.000,-
Tax: € 800,-
employer's social security contributions € 75,-
employee's social security contributions: € 150,-
A
€ 3.950,-
B
€ 2.200,-
C
€ 2.050,-
D
€ 1.975,-

Slide 10 - Quizvraag

1. National insurance schemes are for everyone
2. Employee insurance schemes are for employees
A
1= correct 2= incorrect
B
1= incorrect 2=correct
C
Both are incorrect
D
Both are correct

Slide 11 - Quizvraag

Wage costs
When wage costs increase, Dutch companies could be forced to increase their selling price

This means that the Dutch international competitiveness could decrease

Increasing labour productivity could solve this

Slide 12 - Tekstslide

Causes higher labour productivity:

- Education
- Mechanisation , Automation
- Better division of labour, Specialisation

Slide 13 - Tekstslide

Labour costs per product will decrease if the percentual increase of the ...(1) is higher than the percentual increase of the ...(2)
A
1 labour productivity 2 wage costs
B
1 wage costs 2 labour productivity

Slide 14 - Quizvraag

graph page 155 ( blue and red )
The labour costs per product in 2003 will ...(1) and the labour costs in 2009 will ...(2)
A
1 decrease 2 decrease
B
1 decrease 2 increase
C
1 increase 2 decrease
D
1 increase 2 increase

Slide 15 - Quizvraag

                                                index wage costs
index wage costs per product = ----------------------------- x 100
                                                        index labour productivity

Slide 16 - Tekstslide

The last 20 years the average wages in The Netherlands have increased by 50%. Because of technological developments labour productivity increased by 70%.
What was the change in wage costs per product?
A
20% lower
B
12% lower
C
13% higher
D
20% higher

Slide 17 - Quizvraag

                                                      index wage costs
index wage costs per product = ----------------------------- x 100
                                                                      index labour productivity             
index wage costs per product = 150 / 170 x 100 = 88
So wage costs per product 12% lower

Slide 18 - Tekstslide

Limiting wage increase
Labour costs per product are important for employment

Low labour costs per product --> Low prices Dutch companies
--> Better international competitiveness The Netherlands
 --> More demand for Dutch products --> More production 
--> More employees needed --> Lower unemployment

Slide 19 - Tekstslide

3E Economics par. 5.5

Slide 20 - Tekstslide

Depreciation
Fixed assets decrease in value over the years
The costs of the fixed assets is spread over the years

                                                    Purchase value - Residual value
Depreciation per year = -------------------------------------
                                                   Service life

( Sometimes depreciation is a % of the purchase value or book value )

Slide 21 - Tekstslide

Depreciation
A machine is bought 1/1/2019 for € 90.000,-. The service life is expected to be 9 years and we expect to get € 18.000,- for the old machine when we sell it 1/1/2028.

What is the book value of the machine 31/12/2020?

Slide 22 - Tekstslide

A machine is bought 1/1/2019 for € 90.000,-. The service life is expected to be 9 years and we expect to get € 18.000,- for the old machine when we sell it 1/1/2028.
What is the book value of the machine 31/12/2020?
A
€ 70.000,-
B
€ 74.000,-
C
€ 80.000,-
D
€ 82.000,-

Slide 23 - Quizvraag

Assignment
Depreciation = ( 90.000 - 18.000 ) / 9 = 8.000

Book value = 90.000 - 2 x 8.000 = € 74.000,-

Slide 24 - Tekstslide

Hw.
Par. 5.2 assignments 4 and 8
Par. 5.5 assignments 8 and 11

Make 5 groups of 4 and 2 groups of 3 for project Dragons Den

Test Economics Chapters 2 and 5 in the week of May 19th

Slide 25 - Tekstslide

Par. 5.2 assignment 4a
A
Gerard: 4 &gt; 3
B
Frits: 7 &gt; 4,50

Slide 26 - Quizvraag

Par. 5.2 assignment 4b
A
Gerard: 4,50 &lt; 7
B
Frits: 7 &gt; 4,50
C
Gerard: (4,50 / 4 &lt; (7 / 3)
D
Frits: (7 / 3) &gt; (4,50 / 4)

Slide 27 - Quizvraag

Par. 5.2 assignment 8a
Dutch international competitiveness will ...
A
Decrease
B
Increase

Slide 28 - Quizvraag

Par. 5.2 assignment 8b

A
5 - 10
B
10 - 5
C
105 / 110
D
110 / 105

Slide 29 - Quizvraag

Par. 5.5 assignment 8c
A
5 x 13.500
B
450.000 + 5 x 13.500
C
450.000 - 5 x 13.500

Slide 30 - Quizvraag

Par. 5.5 assignment 11
A
( 27.000 - 500 ) / 15
B
( 27.000 + 500 ) / 15
C
( 38.000 - 500 ) / 15
D
( 38.000 + 500 ) / 15

Slide 31 - Quizvraag

Dragons Den

Slide 32 - Tekstslide

Dragons Den
4th of June 11:45 - 14:15

End presentations, maximum 7 minutes

Hand in final report on the same day

Slide 33 - Tekstslide

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