Slide 1

Slide 2

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Prepare for Learning 5mins 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? PfL

Slide 3

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Class : Y10 Lesson Topic: Factors of production & Sectors of the Economy Scheme of Work: Production Business Economics

Slide 4

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization

Slide 5

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Lesson Objectives P&D Planning and Planning and Data 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

Slide 6

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Planning Tools P&D Planning and Planning and Data

Slide 7

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization 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*]

Slide 8

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation COMPARING Equally As with Like In the same way Similarly Even so Likewise CAUSE & EFFECT ConsequentlyDue to As a resultTherefore.. Because ofBecause CONCLUDING FirstlyAfter SecondlyBefore OverallI believe FinallyI think In conclusionit depends To concludeshort term MeanwhileLong term CONTRASTING AlthoughExcept MoreoverIf HoweverYet Apart fromUnless DespiteAs long as EMPHASISING Most importantly Significantly Notably Especially Above all In particular Indeed QUALIFYING DespiteYet As long asUnless Apart fromIf MoreoverExcept HoweverAlthough ADDING In additionAnd TooAlso AdditionallyAs well as Furthermore ILLUSTRATING For instanceSuch as In the case ofSo For example As revealed by As illustrated by

Slide 9

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization By end of lesson you will Climb the Ladder 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 1.Describe the different types of factors of production 2.Describe the different types of sectors of the economy 3.Explain which is best for making a car. (2-4m) 2 + connectives & key words ATD Apply to Apply to demonstrate

Slide 10

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Prepare for Learning 5mins 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? PfL

Slide 11

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Use text book to make a note on each factor of production. Do you remember eachs reward? 1. Land 2. Labour 3. Capital 4. Enterprise Use these words; Renewable Human capital Working capital Entrepreneurs

Slide 12

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Present New Information 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. PNI

Slide 13

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Present New Information 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.. PNI

Slide 14

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Arrange into a table for 4 factors of production

Slide 15

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization

Slide 16

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Present New Information PNI Discuss what factors of production are in pictures? Capital or Labour Intensive?

Slide 17

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization What is Productivity https://www.youtube.com/watch ?v=jsFAxAIJmN0 https://www.youtube.com/watch ?v=jsFAxAIJmN0 Watch the video and see how productivity applies to you..

Slide 18

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Present New Information 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. PNI

Slide 19

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Present New Information Sectors of the Economy https://www.youtube.com/watch?v=XRlkFcheyR0 1.Primary Extracting raw materials 2.Secondary Manufacturing into goods 3.Tertiary Providing a service PNI Can you match these to the factors of production?

Slide 20

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Present New Information PNI Discuss which sector of economy is evident in pictures? Which is most productive? Which requires more investment in capital? more Training?

Slide 21

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Present New Information 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.. PNI

Slide 22

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Independent Work - 7 mins Using key words above and some connectives.. Explain the difference between a bank providing a loan and a firm producing a car? (5m) PNI

Slide 23

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization 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?

Slide 24

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Review the Learning Compare Ugandas economy to Japan using some key terms.. R Review the Learning Review the Learning Which is more productive? Industrialized? Primary sector led?

Slide 25

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization 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*]

Slide 26

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization By end of lesson you will Climb the Ladder 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 1.Describe the different types of factors of production 2.Describe the different types of sectors of the economy in a developed country 3.Explain which factors and sectors are best for making a car. (2-4m) 2 + connectives & key words ATD Apply to Apply to demonstrate

Slide 27

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation COMPARING Equally As with Like In the same way Similarly Even so Likewise CAUSE & EFFECT ConsequentlyDue to As a resultTherefore.. Because ofBecause CONCLUDING FirstlyAfter SecondlyBefore OverallI believe FinallyI think In conclusionit depends To concludeshort term MeanwhileLong term CONTRASTING AlthoughExcept MoreoverIf HoweverYet Apart fromUnless DespiteAs long as EMPHASISING Most importantly Significantly Notably Especially Above all In particular Indeed QUALIFYING DespiteYet As long asUnless Apart fromIf MoreoverExcept HoweverAlthough ADDING In additionAnd TooAlso AdditionallyAs well as Furthermore ILLUSTRATING For instanceSuch as In the case ofSo For example As revealed by As illustrated by

Slide 28

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Lesson Objectives P&D Planning and Planning and Data 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

Slide 29

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Pass the Parcel Add as much information you can remember from todays lesson When the horn blows pass your sheet to the next table! R Review the Learning Review the Learning

Slide 30

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Neighbours 2 things your neighbour has learnt today 1 question your neighbour wants to ask R Review the Learning Review the Learning

Slide 31

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization Summarise your learning today into a single tweet 140 characters Keep all of the information Tweet STOP R Review the Learning Review the Learning

Slide 32

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization 1 question you need to ask 2 new things you learnt 3 pieces of information R Review the Learning Review the Learning

Slide 33

IGCSE Economics Chp. 16 Land, labour, capital, enterprise, renewable, productivity, primary, secondary, tertiary, de-industrialization 5 minutes... GO STOP