Economics Y10

2018/2019

Week 38 Ms Jeyanthy

Discussed EOY exam papers and continued with past papers.

Week 37 Ms Jeyanthy

Students seated for End Of Year Exam.

Week 36 Ms Jeyanthy

Students seated for End Of Year Exam.

Week 35 Ms Jeyanthy

Students revised for their end of year exams.

Week 34 Ms Jeyanthy

We learned,

Analysed the the role of government in the public and private sectors.
Described the role of government, locally, nationally and internationally.

Week 33 Ms Jeyanthy

We learned,

Analysed the effect of competition on price, quality,choice and profit.
Described the characteristics of monopoly markets.
Practiced past year paper questions.( how to score high marks)

Week 32 Ms Jeyanthy

We learned,

Defined Market Structure (Competitive markets, Monopoly Markets).
Analysed the advantages and disadvantages of Market Structure.

Week 31 Ms Jeyanthy

We learned,

Analysed the influences of sales on revenue.
Explained the objectives of firm.
Group project ( Marketing structure).

Week 30 Ms Jeyanthy

We learned,

Defined the total costs of production.
Calculate TC,AC, FC, VC, ATC, and AVC.
Calculate total revenue and average revenue.

Week 29 Ms Jeyanthy

We learned,

Analysed the advantages and disadvantages of different forms of production.
Explained what influences the level of production and productivity.

Week 28 Ms Jeyanthy

We learned,

Analysed how internal and external economies and diseconomies of scale can affect a firm/industry as the scale of production changes.
Worksheets given .

Week 27 Ms Jeyanthy

We learned,

Described what an economies of scale and diseconomies of scale.
Explained the causes of economies of scale and diseconomies of scale.
Analysed how internal and external economies and diseconomies of scale can affect a firm/industry as the scale of production changes.

Week 26 Ms Jeyanthy

We learned,

Discussed the advantages and disadvantages of different types of merger.(horizontal, vertical and conglomerate)
Group presentation.
Exam style questions.

Week 25 Ms Jeyanthy

We learned,

Defined small firm.
Discussed causes of the growth of firms.(internal and external)
Analysed types of merger.

Week 24 Ms Jeyanthy

We learned,

Defined economic sector (primary, secondary, and tertiary)
Discussed private and public sectors.
Discussed how firms are classified by relative size.
Group presentation.

Week 23 Ms Jeyanthy

We learned,

Defined Trade Unions.
Discussed the role of trade unions in the economy.
Discussed the advantages and disadvantages of trade union membership.
Group presentation and individual activity.( case study)

Week 22 Ms Jeyanthy

We learned,

Discussed the reason for differences in earnings.
Learned advantages and disadvantages for workers, firms and the economy of the division of labour/ specialisation.
Checked students progress on this topics by given knowledge check questions.

Week 21 Ms Jeyanthy

We learned,

Explained how relative bargaining power can determine wages and analysed how the minimum wage influences wage determination.

Week 20 Ms Jeyanthy

We learned,

Analysed the determination of wages through supply and demand diagram.

Week 19 Ms Jeyanthy

We learned,

Project work

( how do you spending and saving pattern differ from those of your parents, or adult, and grandparents or the elderly? you might like to share this with the rest of your class so you build up a bigger picture.)

Week 18 Ms Jeyanthy

We learned,

Students defined what is meant by wages and non-wages.
students exploring and discussed some questions in pair about wages and non-wages.

Week 17 Ms Jeyanthy

We learned,

students explained the factors that influence household spending,such as saving, borrowing, rate of interest and confidence.
students analysed how these factors affect different types of households.

Week 16 Ms Jeyanthy

We learned,

students analysed the role and importance of central banks for government, producers and consumers.
students discussed the role and importance of commercial banks for government, producers and consumers.

Week 15 Ms Jeyanthy

We learned,

students stated the forms of money and explained the functions of money.
students described the characteristics of money.

Week 14 Ms Jeyanthy

We learned,

students explored the effects of imposing maximum and minimum prices in product and labour and markets.

Week 13 Ms Jeyanthy

We learned,

define market failure.
causes and consequences of market failure.

Week 12 Ms Jeyanthy

We learned,

-define price elasticity supply (PES)

-explain the key influences on whether supply elastic or inelastic.

Week 11 Ms Jeyanthy

students calculated PED using the formula and interpret the significance of the result and draw the demand curve diagrams to illustrate different PED.

Week 10 Ms Jeyanthy

This week we learned price elasticity of demand. (elastic , unit elastic and inelastic)

Week 9 Ms Jeyanthy,

We learned price determination.

Week 8 Ms Jeyanthy

We used demand and supply scheduled and curves to establish equilibrium prices and sales in a market and identified disequilibrium prices and excess demand and excess supply.

Week 7 Ms Jeyanthy

students defined supply curve and recognised the link between individual and market supply in terms of aggregation.

Week 6 Ms Jeyanthy

students learned factors of demand.

Week 5 Ms Jeyanthy

We learned concept of demand would be to ask them how many items of particular products they would buy at different prices in week, produce a demand schedule and then plot the figures for the whole class on a demand diagram .

Week 4 Ms Jeyanthy

This week we learned economic system. students identified countries name and labeled economic system for each countries.

Week 3 Ms Jeyanthy

students defined opportunity cost and analyse particular circumstance to illustrate this concept.

Week 2 Ms Jeyanthy

Students have learnt the followings:

define and gave examples of the economics problem.
explained the differences between economics goods and free goods.

Week 1 Ms Jeyanthy

Introduction to IGCSE Economics

Arranged the students in groups and asked them to discuss what is likely to happen to the quantity of goods and services, such as cars, computers and computer accessories, food, clothing and financial services, that people will want in the future and whether it will be possible to meet these wants.

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