Economics Seminar

Week 1
David Pearce and Orlando Hill
Your Economics Teachers
Orlando David
Question Time

• 1. Have you watched Lecture 1?

• 2. Have you completed the tasks?

• 3. Have you ever studied Economics before?

Concept Check Questions
• Just a reminder of the questions you were asked during the
lecture.

• Economics is too important to be left to economists. Give three

reasons why everyone should study Economics

• What will you be expected to do before your seminars?

• How many hours of independent study do we suggest you do?

Expectations
Today’s Seminar

• Icebreaker

• Your Country’s Economy

• The Economic Problem

• Essay Samples and Marking Criteria

• Any Questions?
Icebreaker

• Think about the following questions.

• If someone gave you a gift of £1000 today, what would

you spend it on?

• Why would you spend it this way?

• Could you spend it in a better way?

Breakout Rooms
• A breakout room is where you will have your discussions when
you are learning online.

• A box will appear at the top of your screen asking you to join a
group.

• Your teacher will set the time available for you to discuss the
questions.
Icebreaker
• Think about the following questions.

• If someone gave you a gift of £1000 today, what would you spend
it on?

• Why would you spend it this way?

• Could you spend it in a better way?

• You now have 10 minutes to discuss these questions.

Feedback
What is the Economic problem?

• Any ideas?

• How to make the best use of limited resources.

• Returning to the Icebreaker

• If you were poor, what might you spend a £1000 gift on

and why?
Discussion
• You will now be put into Breakout Rooms for 10 minutes.

• Consider the following questions in your groups.

• Think about your own countries and discuss these questions.

• Does your economy rely on oil, manufacturing, tourism or something else?

• Is it a strong economy compared to others?

• How big a gap is there between rich and poor?

Feedback
Essay Sample Discussion
• You should have read the two essays and answered the
questions.

• If you haven’t then you will have the chance to look at them
now!

• Go to your course page on Brightspace and open up the Task

Sheet for this week.
Discussion Questions
• You will now be put into Breakout Rooms for 15 minutes.

• What were the strengths and weaknesses of the two essays?

• Consider the essay structure, content, and use of sources. Also

ask if the student answered the questions asked.

• If you were marking the essays out of 100, what mark would you
give them?
Feedback
Marking Criteria

• You will now see the Marking Criteria we use in

Economics.

• Both essays were marked using this.

• Essay 1 received 83%

• Essay 2 received 24%

Any Questions