How do markets work? - Lesson 1

• Economie
• Middelbare school
• vwo
• Leerjaar 3

What are you going to do today?

Info about our lessons until 6th of april

Introduction chapter 3

Learninggoals 3.1

Information sheets/video's

Assignments

Checking your learning goals

What can you expect?

• Start of the lesson via Zoom. 
• Link for the lessonup. 
• Start with checking the learning goals of the previous lessons. 
• New learning goals.
• Information (sheets, video's, etc.)
• Work
• Check today's learning goals

Sometimes you will see the following icon                        click it for more explanation

During the lesson you can ask questions using the chat in Zoom.

Learning goals

• You can explain the difference between concrete and abstract markets
• You can explain that the willingness to pay differs at different prices.
• You can draw a demand curve and form a demand formula.

Click here

What kind of goods and services do you see in this picture?

Click here

What do you call a product and what do you call a service?

If the prices increase, the demand will decrease.

If the prices decrease, the demand will increase.

Time to do some assignments

* Read page 72, 73 and 74.

* Do assignments 1 up to and including 10.

* Check the following slides to see if you reached todays learning goals.

During the lesson you can ask questions using the chat in Zoom.

Good luck!

Check your learning goals

Please upload a picture of the assignments you made during this lesson.
If you need more room you can use the next sheet.

Please upload a picture of the assignments you made during this lesson.

What is the difference between a concrete and an abstract market?

What happens to the consumer surplus (for somebody willing to pay €40) when the market price increases form €25 to €30?

Homework 

3.1 assignment 1 up to and including 10