Video - Otavalo
Objectives:
1. Explain the market economy system.
2. Identify and differenciate economic agents (private and public) and production factors (land, labour, capital and technology)
3. Classify the working population as active and inactive and classify economic activities according to the main production sectors.
4. Interpret economic reality using different documents like maps, photographs, diagrams and graphs
5. Define and explain the main economic notions and concepts studied in this unit.
6. Application of all of the above to your beautiful country Ecuador :)
Study Plan
Week 1: 07.11.-11.11.2011 - What is economic activity ? (p.40-41)
- Who takes part in economic activity ? (p.42,43)
Do the following tasks:
1. Define the three stages of economic activity. Give examples from your own country.
Click here to see one very important product of Ecuador
Cick here to see what is produced in Baños.
Click here to see the definition of economics on Wikepedia
2. What is meant by a subsistence enonomy ? Are there still people in the word using this system ?
3. How was money created ?
4. Define Barter and Trade.
5. What is an economic system ?
6. What is capitalism ? Check out the cartoon and the pyramid. Do you agree with it ? What is your opinion ?
Click here to learn more about Capitalism.
7. What is the motor of economic activity ?
8. When were metal coins invented ?
9. When and where was paper money first used ?
10. Why did they invent cheques ?
11. What are the advantages and disadvantages of using a credit card nowadays ?
12. What is a private agent ? (give examples from your own country)
13. What is a public agent ? (give examples from your own country)
14. Where does a public agent play a more important role ? (Socialism or Capitalism)
15. Do you think Socialism could work better than Capitalism ? What is your opinion ?
Video - The fall of the Berlin Wall in 1989 - I was there :)
____________________________________________________________________________
Week 2: 14.11.-18.11.2011
What are original production factors?/What other production factors are there ? (p.44-47)
1. What are the two original production factors? Give examples of each.
2. What is a renewable source? Give examples.
http://en.wikipedia.org/wiki/Renewable_resource
3. Energy sources belong to the production factor "Labour" T/F
4. What is land ? What is it good for ?
5. What is labour ? Define it with your own words.
6. What is the difference between an employee and an employer ?7. What is a salary ?
8. What parts of a work contract seem important to you ?
Click here to check out this contract.
9. How is house work distributed in your homes? If the housework is mainly carried out by the same person, do you think this person should be paid?
10. Read doc.2 on page 45. What do you think about child labour? Is this happening in your country? If yes what can be done about it?
11. What can you say about unemployment in Ecaudor ? What happened since 2006 (Correa) ?
12. Compare the unemployment rate of Ecuador and Spain. Which is higher ?
Click on the countries to see the unemployment rate.
13. What are the three types of capital ? Give examples from your local area.
14. What is technology ?
15. What ara the types of technology ? Give examples from your local area.
 |
| Add caption |
Week 3: 21.11.-25.11.2011- How are economic activities classified ? (p. 48- 49)
1. Define the three economic sectors.(short summary) Give examples of your own country.
http://www.nationsencyclopedia.com/economies/Americas/Ecuador.html
http://www.thetimes100.co.uk/case-study--sectors-of-industry--141-391-3.php
http://www.thetimes100.co.uk/case-study--sectors-of-industry--141-391-5.php
2. What do you think is carried out most in Ecuador ? The primary or the secondary sector ? Why ?
3. What is the most important activity of the tertiary sector in Ecuador ? Why ?
4. What does automation means ? Give examples from your own country.
5. Check out the maps. What role does Ecuador play ? Analise. (p.49)
6. Name the economic sectors.
Week 4: 28.11.-02.12.2011 - Quiz Preparation - Quizmaker
_____________________________________________________________________
Make a crossword or create a pictionary quiz with the following definitions: trade, barter, goods, consumption, production, exchange, stockbreeding, supply, demand
Interesting video about trade and unification of communities in Ecuador.
http://www.youtube.com/watch?v=4uuVxpwYCrU
