Prepare for Learning – 5mins

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Presentation transcript:

Prepare for Learning – 5mins PfL In Pairs answer the questions below? List the factors of production ? What factors of production are utilized to make these products? Which uses more capital? Are they both a manufactured product?

Class : Y10 Lesson Topic: Factors of production & Sectors of the Economy Scheme of Work: Production – Business Economics

Higher thinking Skills P&D Planning and Data Lesson Objectives ALL (KNOWLEDGE) Describe the different factors of production Describe the different sectors of the economy MOST (ANALYSIS) Analyse the pros and cons of each factor of production Explain and apply each sector of the economy SOME (EVALUATION ) Evaluate the usefulness of each factor of production to each sector of the economy. Higher thinking Skills

P&D Planning and Data Planning Tools

Personalise your learning. . . Describe the different types of factors and sectors. E-D] Analyse the pros and cons of each factor and sector [Grade C-B] Evaluate the usefulness of each factor and sector to an economy [Grade A-A*]

CONNECTIVES for Analysis CONNECTIVES for Application CONTRASTING Although… Except… Moreover… If… However… Yet… Apart from… Unless… Despite… As long as… COMPARING Equally… As with… Like… In the same way… Similarly… Even so… Likewise… QUALIFYING Despite… Yet… As long as… Unless… Apart from… If… Moreover… Except… However… Although… CAUSE & EFFECT Consequently… Due to… As a result… Therefore.. Because of… Because… ADDING In addition… And… Too… Also… Additionally… As well as… Furthermore… CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation CONCLUDING Firstly… After… Secondly… Before… Overall… I believe… Finally… I think … In conclusion… it depends… To conclude… short term… Meanwhile… Long term… EMPHASISING Most importantly… Significantly… Notably… Especially… Above all… In particular… Indeed… ILLUSTRATING For instance… Such as… In the case of… So… For example… As revealed by… As illustrated by…

By end of lesson you will Climb the Ladder ATD Apply to demonstrate A-A* 1. Justify which factor of production is vital for growth in China and UK? 2. How could a government improve productivity in UK and China? (8-12m) 8+ connectives & key words C-B 1. Analyze the pros and cons of the primary sector for growth 2. Explain and apply sectors of the economy to UK and China 3. Compare and contrast primary and secondary sectors (5-7 m) 5+ connectives & key words E-D Describe the different types of factors of production Describe the different types of sectors of the economy Explain which is best for making a car. (2-4m) 2 + connectives & key words

Prepare for Learning – 5mins PfL In Pairs answer the questions below? List the factors of production ? What factors of production are utilized to make these products? Which is more capital intensive? Are they both a manufactured product?

Use text book to make a note on each factor of production Use text book to make a note on each factor of production. Do you remember each’s reward? 1. Land 2. Labour 3. Capital 4. Enterprise Use these words; Renewable Human capital Working capital Entrepreneurs

Present New Information PNI List all the factors / ingredients which make up a cup of coffee from bean to shop? e.g. beans, managers, coffee machines….. List at least 5 more….

Present New Information PNI List all the factors / ingredients which make up a cup of coffee? e.g. beans, workers, coffee machines, money, managers, CEO, farmers, water, milk, plastic cups, fruit, tractors, retail shops, sales team, cream, baristas, manufacturers, water, bank loan ..

Arrange into a table for 4 factors of production…

Present New Information PNI Discuss what factors of production are in pictures? Capital or Labour Intensive?

What is Productivity https://www.youtube.com/watch?v=jsFAxAIJmN0 Watch the video and see how productivity applies to you..

Present New Information PNI The Production Process.. Inputs }}}}} Outputs Productivity is to create more output per input. i.e. become more efficient and cost effective. Once firms raise productivity they can become more profitable.

Present New Information PNI Sectors of the Economy https://www.youtube.com/watch?v=XRlkFcheyR0 Primary – Extracting raw materials Secondary – Manufacturing into goods Tertiary – Providing a service Can you match these to the factors of production?

Present New Information PNI Discuss which sector of economy is evident in pictures? Which requires more investment in capital? more Training? Which is most productive?

Present New Information PNI Which sectors of economy produce these items? beans, workers, coffee machines, money, managers, CEO, farmers, water, milk, plastic cups, fruit, tractors, retail shops, sales team, cream, baristas, manufacturers, water, bank loan ..

Independent Work - 7 mins PNI Using key words above and some connectives.. Explain the difference between a bank providing a loan and a firm producing a car? (5m)

De-industrialization – decline of manufacturing Firstly, As a country grows and develops from a primary sector economy to a secondary sector economy it goes through industrialization. As it goes from secondary to tertiary sector. This is called de-industrialization. Think of UK during industrial revolution, parts of USA or Taiwan today. Extension: What impact would this have on society?

Which is more productive? Review the Learning R Review the Learning Compare Uganda’s economy to Japan using some key terms.. Which is more productive? Industrialized? Primary sector led?

Personalise your learning. . . Describe the different types of factors and sectors. E-D] Analyse the pros and cons of each factor and sector [Grade C-B] Evaluate the usefulness of each factor and sector to an economy [Grade A-A*]

By end of lesson you will Climb the Ladder ATD Apply to demonstrate A-A* 1. Justify which factor of production is vital for growth in developed and less developed economy ? 2. How could a government improve productivity in UK and China? (8-12m) 8+ connectives & key words C-B 1. Analyze the pros and cons of the secondary sector for growth 2. Explain and apply sectors of the economy in a developed and less developed economy 3. Compare and contrast primary and secondary sectors (5-7 m) 5+ connectives & key words E-D Describe the different types of factors of production Describe the different types of sectors of the economy in a developed country Explain which factors and sectors are best for making a car. (2-4m) 2 + connectives & key words

CONNECTIVES for Analysis CONNECTIVES for Application CONTRASTING Although… Except… Moreover… If… However… Yet… Apart from… Unless… Despite… As long as… COMPARING Equally… As with… Like… In the same way… Similarly… Even so… Likewise… QUALIFYING Despite… Yet… As long as… Unless… Apart from… If… Moreover… Except… However… Although… CAUSE & EFFECT Consequently… Due to… As a result… Therefore.. Because of… Because… ADDING In addition… And… Too… Also… Additionally… As well as… Furthermore… CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation CONCLUDING Firstly… After… Secondly… Before… Overall… I believe… Finally… I think … In conclusion… it depends… To conclude… short term… Meanwhile… Long term… EMPHASISING Most importantly… Significantly… Notably… Especially… Above all… In particular… Indeed… ILLUSTRATING For instance… Such as… In the case of… So… For example… As revealed by… As illustrated by…

Higher thinking Skills P&D Planning and Data Lesson Objectives ALL (KNOWLEDGE) Describe the different factors of production Describe the different sectors of the economy MOST (ANALYSIS) Analyse the pros and cons of each factor of production Explain and apply each sector of the economy SOME (EVALUATION ) Evaluate the usefulness of each factor of production to each sector of the economy. Higher thinking Skills

Pass the Parcel R Review the Learning Add as much information you can remember from today’s lesson When the horn blows – pass your sheet to the next table!

Neighbours 2 things your neighbour has learnt today Review the Learning 2 things your neighbour has learnt today 1 question your neighbour wants to ask

R Review the Learning Tweet Tweet Summarise your learning today into a single tweet 140 characters Keep all of the information STOP

3 pieces of information 2 new things you learnt 1 question you need to ask 2 new things you learnt 3 pieces of information R Review the Learning

5 minutes. . . GO STOP