Economic growth and Economic development foreign market.

Introduction

Economic growth it is when a country’s economy is growing.

Economic development it is about improving standard of living of people in a country.

Sources of economic growth:  Supply factor and demand factor. Economic growth requires an expansion of the production capacity of the economy, as well as an expansion of the demand for the goods and services in the economy. Both supply and demand factors are therefore necessary for sustained economic growth.

I will capture the learners interest by comparing well known countries with small countries

 

Task

Describe the activity end product

The learners must be able to:

• Distinguish between economic growth and Economic development

• Elaborate balance of payment deficits and balance of payment surplus

• Define international and free trade

How economic growth and economic development are measured

Discuss the role of the entrepreneurship in economic growth?.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Process

• Learners should explain and describe ideas many details.

• Learners should dual coding, must be accompanied by visuals and link to the text.

• Allow learners to debate and collaborate and the title requires a lot of talking.

 

Evaluation

Evaluation

The best way to evaluate, I will use individual evaluation and I will use rubric.

It will help to follow curriculum objectives and are easy for students to understand.

 

Conclusion

Students share their WebQuest in the Web Site, then they have the potential to support the learning of many students in the future, as well as contribute to the professional development of the teachers, who select to use the WebQuest in the classroom.

• Learners must be able to distinguish between economic growth and Economic development.

• Learners must be to elaborate significance of trade

• Learners must be able to discuss free trade and International trade.

• Learners must collaborate and they must respect each’s other opinion.

 

Credits

Economics for South African students,Philip Mohr, Louis Fourie.

Teacher Page

Introduction.................... 1

Task................................  2

Process.........................    3

Evaluation......................    4

Conclusion.....................    5

Credits............................    6

Name: Siphosethu

Surname: Dastile

Student number: 217113583

Contact details: 067 909 0407

217113583@mycput.ac.za

dastile89@gmail.com