Presentation on theme: "Topic 4 - The Individual as Producer, Consumer and Borrower"— Presentation transcript:
1Topic 4 - The Individual as Producer, Consumer and Borrower MOTIVATING STUDENTS TO LEARN ECONOMICS IN SECONDARY SCHOOLSTopic 4 - The Individual as Producer, Consumer and BorrowerTopic 5 - The Private Firm as Producer and Employer
2Conducting Interviews When conducting interviews, students will:collect real data and develop their research skillsimprove their communication skillsbe able to practise social etiquette
3Some suggestions on conducting interviews Students to brainstorm possible questions to askTeacher to go through the suggested questions and help refine themStudents to prepare a form to record the data collected
4Some suggestions on conducting interviews Students to rehearse the process of interviewing in class first- start by introducing themselves and explaining thepurpose of the interview- inform the interviewee as to how long theinterview will take- describe briefly what type of information is required- ask the prepared questions
5Conducting Interviews Some rules to remember:be polite at all times, even when people refuse to be interviewedbe fair, e.g. do not laugh or try to influence the intervieweethank the interviewee at the end of the interview
6Brainstorming the Questions Data is required on the following:Personal information (e.g. name, age, marital status)Type of occupationReasons for choice of occupationRanking of reasons (top 3)Income per monthWhat questions can we ask?
17How much do they earn? General Manager S$11,071 Computer Engineer S$4,165What do other stats say?Social Worker S$2,200Manufacturing Labourer S$1,073
18Why are there differences in earnings? Let’s share our ideas!What do people do with their earnings?
19Consumer spending, saving and borrowing Students can carry out interviews to find out more about how people spend/use their earningsThey can also collect data by recording their own and their family members’ spending, saving and borrowing