# Lesson 5 paragaph 2.1 part 1

Welcome T3!

Economics: lesson five

1 / 12
Slide 1: Tekstslide
EconomieMiddelbare schoolhavoLeerjaar 3

In deze les zitten 12 slides, met tekstslides.

Lesduur is: 60 min

## Onderdelen in deze les

Welcome T3!

Economics: lesson five

#### Slide 1 -Tekstslide

Plan for today
Chapter 1: Money moves around Chapter 2: Dealing with money
1.2 to buy is to choose

1. Start (meme)
2. Lesson goals 1.2, Q27, worksheet
3. Lesson gaols 2.1 + instruction part 1
4. Lesson goals check
5. Time to do the homework

#### Slide 3 -Tekstslide

Lesson goals 1.2
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.
5. You can calculate, given a budget function, how a given budget can be spend on two products.
6. You can draw a budget line and explain how changes in prices or budget affect the graph.

#### Slide 4 -Tekstslide

Chapter 2 Dealing with money
Paragraph 2.1 Saving and investing?

#### Slide 5 -Tekstslide

Lesson goals 2.1
- Being able to explain the saving motives in your own words

- Remember the different types of saving accounts

- Being able to explain the difference between variable- and fixed interest

-Being able to explain the difference between single- and compound interest

#### Slide 6 -Tekstslide

Spaarmotieven
Sparen voor een doel
Sparen uit voorzorg
Sparen voor de rente

Saving motives
- Goal motive

- Precautionary motive

- Capital motive

#### Slide 7 -Tekstslide

Spaarmotieven
Sparen voor een doel
Sparen uit voorzorg
Sparen voor de rente

Types of saving accounts
- Easy access saving account
- Freely withdrawable
-Interest rate is variable

- Fixed rate bonds
-Cannot withdraw or pay an intrest penalty
-Interest rate is fixed

- Spaardeposito met vaste rente

Kan opnemen met opnamekosten / boeterente

#### Slide 8 -Tekstslide

Practice single interest
.

I have €47,- savings. Interest = 0,2%. Calculate the single interest for year 2 and 3

#### Slide 10 -Tekstslide

Lesson goals 2.1
- Being able to explain the saving motives in your own words

- Remember the different types of saving accounts

- Being able to explain the difference between variable- and fixed interest

-Being able to explain the difference between single- and compound interest