1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.
2. If their phone camera doesn't automatically detect and decode QR codes, ask students to
4. Cut them out and place them around your class / school.
1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.
2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.
3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!
4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.
Question | Answer |
| 1. What numerical value does a perfectly inelastic supply curve have? | 0 | 2. What type of organization uses strikes as a tactic? | Trade Unions | 3. Is the PES of vegetables generally below or above 1? | Below 1 | 4. If a product has a lot of substitutes is its PED likely to be elastic or inelastic? | Elastic | 5. If a product becomes fashionable, what will happen to its demand curve? | shift to the right | 6. Is a hammer an example of fixed capital or working capital? | Fixed capital | 7. If workers get more educated, will this shift the supply or the demand for labour curve? | Demand for labour | 8. The Economic problem is often said to be that there are ‘limited wants and unlimited resources.’ What is the term used to describe this situation? | Scarcity | 9. Smoking causes costs to third parties. What are these costs to third parties called? | Negative externalities | 10. Why might a government want to subsidize vaccinations? | Because they have positive externalities (of consumption) | 11. Why would a government tend not to subsidize necessities even though it could make them lots of money? | Because people need necessities | 12. Which type of good will people buy more of when incomes are falling, normal or inferior? | Normal | 13. Is Starbucks a Monopolist or an Oligopolist? | An oligopolist | 14. What is the equation for Average Revenue | Total revenue divided by output | 15. An airport gets built in a small city. Give one positive and one negative externality of the airport? | Jobs, noise pollution or similar examples | 16. What is the definition of price elasticity of supply? | change in quantity demanded divided by change in price | 17. What is the difference between a merger and a takeover? | Two firms become one/two firms join to make a bigger firm | 18. Why is the LRAC curve U shaped? | Because a firm will first get economies of scale, then diseconomies of scale | 19. If a firm has high stock levels for a product, will the supply of that product be elastic or inelastic? | Inelastic | 20. Give one example of market failure | e.g. underprovision of merit goods |
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