QR Challenge: Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Teacher Notes
A. Prior to the lesson:
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
- Download a QR reader (e.g. I-Nigma | NeoReader | Kaywa) onto their mobile devices
- Bring these devices into the lesson.
3. Print out the QR codes.
4. Cut them out and place them around your class / school.
B. The lesson:
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!
C. TIPS / OTHER IDEAS
4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.
Questions / Answers (teacher reference)
Question | Answer |
1. What is ECONOMICS? |
|
2. What is the difference between MICROECONOMICS and MACROECONOMICS? You will have to explain both |
| 3. What is the main problem that is studied in economics? |
| 4. Why is that a problem for mankind?(referring to the previous question) |
| 5. What is the difference between SCARCITY and a SHORTAGE? |
| 6. A NEED is something required for survival. List 3 needs |
| 7. A WANT is something desired but not required. List 3 wants that you have |
| 8. List 3 examples of a SERVICE that someone could perform |
| 9. Explain what DURABLE GOODS are. |
| 10. Give 3 examples of DURABLE GOODS. |
| 11. Explain what NONDURABLE GOODS are. |
| 12. Give 3 examples of NONDURABLE GOODS |
| 13. What do the letters TINSTAAFL stand for? |
| 14. What are economists talking about when they use the acronym TINSTAAFL? |
| 15. What is WEALTH? |
| 16. Why are services not included in you wealth? |
| 17. How are WANTS, NEEDS, GOODS and SERVICES alike? |
| 18. WHY is there an economic problem with wants, needs, goods, and services sharing a similar characteristic? (referring to previous question) |
| 19. What is the difference between CONSUMER GOODS and CAPITAL GOODS?(you will have to explain both) |
| 20. Give an example of a PARADOX of VALUE |
| 21. What is the nickname we have for ADAM SMITH? |
| 22. What 2 characteristics did Adam Smith say a good must have in order to have value? | |
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=What_is_ECONOMICS?
Question 1 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=What_is_the_difference_between_MICROECONOMICS_and_MACROECONOMICS?_You_will_have_to_explain_both
Question 2 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=What_is_the_main_problem_that_is_studied_in_economics?
Question 3 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Why_is_that_a_problem_for_mankind?(referring_to_the_previous_question)
Question 4 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=What_is_the_difference_between_SCARCITY_and_a_SHORTAGE?
Question 5 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=A_NEED_is_something_required_for_survival.__List_3_needs
Question 6 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=A_WANT_is_something_desired_but_not_required._List_3_wants_that_you_have
Question 7 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=List_3_examples_of_a_SERVICE_that_someone_could_perform
Question 8 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Explain_what_DURABLE_GOODS_are.
Question 9 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Give_3_examples_of_DURABLE_GOODS.
Question 10 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Explain_what_NONDURABLE_GOODS_are.
Question 11 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Give_3_examples_of_NONDURABLE_GOODS
Question 12 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=What_do_the_letters_TINSTAAFL_stand_for?
Question 13 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=What_are_economists_talking_about_when_they_use_the_acronym_TINSTAAFL?
Question 14 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=What_is_WEALTH?
Question 15 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Why_are_services_not_included_in_you_wealth?
Question 16 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=How_are_WANTS,_NEEDS,_GOODS_and_SERVICES_alike?
Question 17 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=WHY_is_there_an_economic_problem_with_wants,_needs,_goods,_and_services_sharing_a_similar_characteristic?_(referring_to_previous_question)
Question 18 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=What_is_the_difference_between_CONSUMER_GOODS_and_CAPITAL_GOODS?(you_will_have_to_explain_both)
Question 19 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Give_an_example_of_a_PARADOX_of_VALUE
Question 20 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=What_is_the_nickname_we_have_for_ADAM_SMITH?
Question 21 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=What_2_characteristics_did_Adam_Smith_say_a_good_must_have_in_order_to_have_value?
Question 22 (of 22)