# Lesson 3 on 6-2-2023

Welcome!
t3e
Economics: lesson three

1 / 12
Slide 1: Tekstslide
EconomieMiddelbare schoolvwoLeerjaar 3

In deze les zitten 12 slides, met tekstslides.

Lesduur is: 60 min

## Onderdelen in deze les

Welcome!
t3e
Economics: lesson three

#### Slide 1 -Tekstslide

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

#### Slide 2 -Tekstslide

Exercise 5
Assess: are the following goods free or scarce goods.
- Crude oil
- Mandarins
- Wind power
- vacations
- Beach
- Diamonds

Exercise 8

#### Slide 4 -Tekstslide

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

#### Slide 5 -Tekstslide

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.

#### Slide 6 -Tekstslide

Fixed expenses
Flexible expenses
Discretionary expenses
Sort of expenses

#### Slide 7 -Tekstslide

Types of income and budget
Income from
Labour: 'wage'
Income from
Assets:
'rent' (real estate)
'interest' (savings)
Transfer income:
'Allowance' or
'Benefits'

A budgetsheet

#### Slide 9 -Tekstslide

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

#### Slide 10 -Tekstslide

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.

#### Slide 11 -Tekstslide

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)