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EDD 5165A
Information Technology in Education
EDD 5165A
Information Technology in Education
Presentation PackagePresentation Package
Group members:Group members:Name andstudent I.D.
SharedWork
IndividualWork
Lee Pui Yin99162300
Shuen Ting Fai99199600
-P. 1 - P. 38 ofthepresentationpackage-Final revise
Leung Ka Lun99199500
Lam Ngai Ning99199700
StructureBuilding,andConclusion(P.48 –P.53)
-P. 39 – P. 48 ofthepresentationpackage
Subject: Economics
Topic: Factors of productions (capital)
Instructional Objectives:
-to define the four factors of production.
-to identify capital, state the characteristics and different types of capital.
Subject: Economics
Topic: Factors of productions (capital)
Instructional Objectives:
-to define the four factors of production.
-to identify capital, state the characteristics and different types of capital.
Background and student characteristics:
-this presentation package was designed for band 3 or band 4 form 4 students who have low incentive to learn. (That’s why a lot of pictures were used).
-We assumed that the other 3 factors of production were taught in last lesson so that a revision on the 3 factors was given before the start of teaching capital.
Background and student characteristics:
-this presentation package was designed for band 3 or band 4 form 4 students who have low incentive to learn. (That’s why a lot of pictures were used).
-We assumed that the other 3 factors of production were taught in last lesson so that a revision on the 3 factors was given before the start of teaching capital.
Students’ previous knowledge:
- the definition of labor, land and entrepreneur.
- the concept of opportunity cost.
- the concept of production.
Students’ previous knowledge:
- the definition of labor, land and entrepreneur.
- the concept of opportunity cost.
- the concept of production.
FACTORS OF PRODUCTIONFACTORS OF PRODUCTION
Ah Fai
Sandy Lee
Dennis Leung
Priscilla Lam
Factors ofFactors ofProductionProduction
LabourLabour
EntrepreneurshipEntrepreneurship
Capital LandLand
LABOURLABOURHuman effort , Both mental and physical, used in production.
LANDLAND
Resources provided by nature are land.
ENTREPRENUERSHIPENTREPRENUERSHIPThe function performed by the entrepreneur who makes all the major decisions, bears risk and involved in managing the business.
CAPITALCAPITALAll resources that are made by men to assist production are capital.
Factory buildings Lorry GearsTools
Is it capital?
Is it capital?
Is it capital?
You are wrong,please try again
GOOD!
You are WRONG!
You are RIGHT,or…...
You are RIGHT,or…...
If the car is used as a taxi!
TAXI
If the car is used for private purpose without involved in production.
CHARACTERISTICS OF CAPITALCHARACTERISTICS OF CAPITAL
Is it capital?
WRONG!!!
CAPITALCAPITALAll resources that are made by men to assist production are capital.
Factory buildings Lorry GearsTools
Very GOOD!!
Characteristic of Capital
1. made by men
Characteristic of Capital
2. Increase productivity
of other resources
Super Semi-robot-computer -- Mr. Z
You cannot imagine how helpful he is!!!
Hi! I am the most powerful computer in the world!!!
I MUST buy Mr.Z to facilitate my production!
=
Capital involves opportunity cost
Characteristic of Capital
3. Involve opportunity cost
by looking at the ownership
Capital
Private Capital Social Capital
Is LEON capital ?Oh !LEON
Sorry !I am not capital
What we focus is the mic that LEON
hold
The mic used by LEON is private capital
WHY??
I can use this mic , to make my show more
efficient!!It is my capital.
Private capital is the capital owned by private.
Government will build more road and railway
NEW ROAD NEW ROAD
Welcome !!!
New road and railway can shorten the time on traffic
Both road and railway are social capital as they are owned by
Hong Kong SAR government
Hong Kong SAR government
ConclusionConclusion
Resources are man made Capital
Resources that used in production
CAPITAL?
2. It can increase productivity
3. It involves opportunity cost
1. It is made by men
It can be divided into social capital
and private capital depends on the
ownership of the capital
THE END