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QR Challenge: Economics yuipo

Created using the ClassTools QR Treasure Hunt Generator

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

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. Principle of diminishing marginal utility People tend to receive less and less additional satisfaction from any good or service as they obtain more and more of it during a specific period of time.
2. Marginal utility curve a graphic representation of the marginal utility schedule
3. Demand A willingness of consumers to purchase a product, and also as their act of purchasing it.
4. Law of demand Everything else being held constant, the lower the price charged for a good or service, the greater the quantity of it people will demand, and the higher the price, the lower the quantity they will demand.
5. Demand schedule A table listing various quantities demanded at various prices.
6. Demand curve expands the information int an infinite number of points.
7. Change in quantity demanded Whenever a change in price causes a change in the number of items demanded.
8. Change in demand When a demand curve shifts
9. Increase in demand A rightward shift
10. Decrease in demand A leftward shift
11. Four conditions that may cause a change in the demand for that product. 1. A change in people's income 2. A change in the price of the related goods 3. A change in the people's tastes and preferences. 4. A change in the people's expectations.
12. Normal goods Goods that experience an increase in demand because of an increase in consumers' incomes.
13. Inferior goods Goods the experience a decrease in demand as people's incomes increase.
14. Substitute goods Goods that households may use in place of others.
15. Complementary goods Goods that are usually purchased or used together.

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Principle_of_diminishing_marginal_utility

Question 1 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Marginal_utility_curve

Question 2 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Demand

Question 3 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Law_of_demand

Question 4 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Demand_schedule

Question 5 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Demand_curve

Question 6 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Change_in_quantity_demanded

Question 7 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Change_in_demand

Question 8 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Increase_in_demand

Question 9 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Decrease_in_demand

Question 10 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Four_conditions_that_may_cause_a_change_in_the_demand_for_that_product.

Question 11 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Normal_goods

Question 12 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Inferior_goods

Question 13 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Substitute_goods

Question 14 (of 15)

 



Economics yuipo: QR Challenge

https://www.classtools.net/QR/decode.php?text=Complementary_goods

Question 15 (of 15)