Chapter 1 Money moves around lesson 5 for 3thp

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Slide 1: Tekstslide
EconomieMiddelbare schoolhavoLeerjaar 3

In deze les zitten 21 slides, met interactieve quizzen en tekstslides.

Onderdelen in deze les

Slide 1 - Tekstslide

What are we going to do today?
  • Remember last week?
  • Let's have a look at todays homework
  • Learning goals
  • Theory section 1.3 second part
  • Let's do some calculating
  • Work on the assignments
  • Did we meet our learning goals?

Slide 2 - Tekstslide

Swapping (trading) goods and services without the use of money is called.
Indirect exchange
Direct exchange trade or barter

Slide 3 - Quizvraag

Money has three functions. When we use it to represent the value of a product it is?
unit of account
store of value

Slide 4 - Quizvraag

Which answer is not a technical requirement for a medium of exchange?
it has to be portable
it has to be divisable
it has to be perishable
it has to be hard to produce

Slide 5 - Quizvraag

Money in the form of banknotes and coins is called?
chartal money
checkable money
intrinsic money
extrinsic money

Slide 6 - Quizvraag

The value of what money is made of (paper or metal) is called?
extrinsic value
intrinsic value

Slide 7 - Quizvraag

Slide 8 - Tekstslide

Learning goals

  • You can explain the concept of purchasing power
  • You can explain the concept of inflation
  • You can calculate a percentage change
  • You can calculate the purchasing power index number

Slide 9 - Tekstslide

Slide 10 - Tekstslide

Slide 11 - Tekstslide

Why was everthing so cheap in the old days?

Slide 12 - Tekstslide

Slide 13 - Tekstslide

Calculation percentage change
To calculate a percentage change, use the
following formula:

(new value - old value) : old value x 100

This year a frikandelbroodje costs € 0,89. A year ago it was 
€ 0,79. Calculate the percentage change.

Slide 14 - Tekstslide

Take the next 10 minutes to work on assignment 40, 41, 42 and 43

Slide 15 - Tekstslide

Slide 16 - Tekstslide

Slide 17 - Tekstslide

Slide 18 - Tekstslide

Continue working on your homework for next week.
Finish section 4.3 (so up and including assignment 46.

Finish early?
Need more practise? Have a look at the revision assignments.
Problems with calculations? Do some math assignments.
Need more challanges? Go to the in-depth assignment.

Slide 19 - Tekstslide

Remember our learning goals?
  • You can explain the concept of purchasing power 
  • You can explain the concept of inflation 
  • You can calculate a percentage change 
  • You can calculate the purchasing power index number

Slide 20 - Tekstslide

Slide 21 - Tekstslide