Public sector intervention - Economics

Introduction

Welcome to Microeconomics lesson webquest based on contemporary economic issues chapter 7 -  topic: Public sector intervention by Miss Williams.

Please check introductory video by Miss Williams  ,click on link :   

 https://mycputac-my.sharepoint.com/:v:/g/personal/220023549_mycput_ac_z…;                                      

         Public sector on white stock image. Image of finance - 205045315      Analysing and Evaluating Government Intervention in Markets | Economics |  tutor2u                            Public sector reform in South Africa - Ebrahim-Khalil HassenIntervention' by Matt Davidson | 2012 | Behind the Lines

An economy's public sector is that portion of the economy that, among other things, offers infrastructure, public transportation, public education, health care, and police and military services. The public sector is comprised of governments, other publicly controlled or sponsored organizations, businesses, and other organizations that provide goods or services to the general public.

Check out the list of pros and cons (Advantages + Disadvantages) for Government intervention / Public sector intervention :

                                                   Pros and cons of government intervention - Economics Help

 

 

Please watch the following video :

A short introductory video for you to watch on Public sector and Private sector intervention.

https://www.youtube.com/watch?v=ENl72eTVLfo

 

 

 

 

 

Task

As I mentioned in the opening, this webquest places a strong emphasis on public sector involvement. I also provided learners with an introduction video,I had made as well as a table listing the pros and cons. Please watch the video if you haven't already so that you can perform this activity without any hassles. You should now understand the issue of public sector involvement after watching the offered videos and gaining some knowledge from them.

Do you think you would have access to school if the government did not support basic education? Are you concerned about the impact of public sector intervention? Would you be able to use medical services?

You will receive instructions for an assignment to complete in order for me to assess your understanding. As grade 10 students, you are familiar with essay writing and have written numerous essays before.

You must finish this webquest by producing an economics essay focused on current economics concerns. This essay must cover your subject for this topic. In order to gauge your comprehension of this chapter, I decided to assess you on more than just lesson.

 

Some tips when preparing/completing this task :  Learning Spanish – 15 Tips from my Personal Experience - Learn Argentinian  Spanish

  • Draw up a mindmap to brainstorm theory 
  • Make sure you know your content Pay attention to what is required from you to do                                               
  • Pay attention to rubric provided on this webquest 
  • Pay attention to mark allocations 
  • Provide your own examples (originality)
  • You can write your essay in bullet form 
  • Provide an introduction and conclusion 
  • Answer in full sentences 

Requirements for this task Requirements Complex Like a Puzzle - Pictured As Word Requirements on a  Puzzle Pieces To Show that Requirements Can Be Difficult Stock Illustration  - Illustration of render, meaning: 164219739

Without the aid of graphs, discuss in detail the following methods of government involvement in the economy:

  • Maximun prices                (10)
  • minimum prices                (10)
  • Production                         (8)

Additional part :Outline any FIVE reasons why the government should be involved in the economy.

 Aims / objectives  Aims Stock Illustrations – 3,693 Aims Stock Illustrations, Vectors &  Clipart - Dreamstime   

 At the end of this task learners  will be able to: 

  • Discuss relevant concepts eg.Subsidies 
  • Distinguish between and interpret graphs 
  • Understand and explain the forms of government intervention 

Additional part to essay (COMPULSORY) - Draw a graphical illustration and provide explanations to your findings in terms of minimum prices .(10)

For this task to be achieved you will need to have access to micro-soft word in order to type your essay ,whether it is on your smartphone ,computer or laptop.

How to complete this task :This task will have to be typed on a word document and your word document should be emailed to Miss Williams.Email address - Hopemegan01@gmail.com

Due date -  Due Date Calendar Circled for Pregnancy or Project Completion Stock Photo  by ©iqoncept 7653796

friday , 16 September 2022 .Please note no extension on duedate.

please provide a cover page with your name,surname and grade on the answering sheet / template provided.

check linkhttps://1drv.ms/w/s!AjbgGZnxa08Wv3y_MFmlNSO60ntK?e=nfPMvO

 

 

Process

 

                              How to Write an Economics Essay

In order for you to complete this task successfully you will have to pay close attention to the requirements which will be displayed in your rubric or evaluation sheet.

You can use your core notes on chapter 7 to answer this essay question .check out content by clicking in this link to open the word document provided - 

Follow this steps to get started  :

STEP 1 

  • Read your essay question
  • Highlight content / keyword
  • Write down requirements 

check link :

https://www.youtube.com/watch?v=YS54joF_bBI

  •  Read your content / theory throughly
  • check link for microeconomics Publec Sector notes :

https://1drv.ms/w/s!AjbgGZnxa08Wv3psqcw-RdllJcSX?e=9YD4U5

  • Decide on your five focus points in terms of reasons for governement intervention (You need to be famialiarised with content)

STEP 2  

  • Read question carefully
  • Make a mindmap / rough draft / planning
  • Identify your subheadings
  • Structure your essay 
  • Ellaboarte on your focus points
  • Most questions require a argument
  • write down an introduction
  • Introduction - define your keywords and state how you will apply your knowledge in the paragraph

 

  • In the middle paragraphs you state your argument 
  • In conclusion you settle your argument by stating your viewpoint 
  • You can state your viewpoint on the matter or recommendations as a conclusion 

check link

https://www.youtube.com/watch?v=IEKwUnu4qIM

https://www.youtube.com/watch?v=IEKwUnu4qIMhttps://www.youtube.com/watch?v=IEKwUnu4qIM

STEP 3

  • you are allowed to draw and lable your graphical illustrations or create it on microsoft word 
  • provide explanations to elaborate on graphs etc.
  • Include diagrams and illustrations 
  • It will show more depth 
  • Check mark allocation for additonal part 

Additional resourses 

https://www.youtube.com/watch?v=01lKDkYSFDg

 

https://youtu.be/13JOGWzY8kE

 

https://www.youtube.com/watch?v=P5yqgKtEqqQ

https://www.youtube.com/watch?v=8fg2MLaghlg

I provided you with a template to complete your essay 

click on the link to access this word document 

LINKhttps://1drv.ms/w/s!AjbgGZnxa08Wv3y_MFmlNSO60ntK?e=nfPMvO

 

 

 

 

 

 

 

 

Evaluation

 

                                                       Evaluation in Learning Process

Your essay will be assessed as follows:

STRUCTUREOF ESSAY MARK ALLOCATION

  • INTRODUCTION 
  • The introduction is a lower order response: A good starting point would be to define the main concept related to the question topic. 
  • Do not include any part of the question in your introduction 
  • Do not repeat any part of the introduction in the body
  • Avoid stating in the introduction what you are going to discuss in the body Max 2
  •  
  • Body Main part: Discuss in detail /in-depth discussion / Examine / Critically discuss / Analyze / Compare / Evaluate / Distinguish / Differentiate / Explain Max  26 
  • Additional part: Give own opinion / critically discuss / Evaluate / Draw a graph and explain.
  • Use the graph given and explain / Complete the given graph / Calculate / Deduce / Compare / Explain / Distinguish / Interpret / Briefly debate / How / Suggest Max 10
  •  CONCLUSION 
  • Any higher-order conclusion should include:  A brief summary of what has been discussed without repeating facts already mentioned
  •  Any opinion or value judgment on the facts discussed
  •  Additional support information to strengthen the discussion / analysis  A contradictory viewpoint with motivation, if required  Recommendations Max 2

 

 

 

 

 

Conclusion

I would like to take this opportunity to thank all of the students who tried their best to successfully complete this webquest for writing an economics essay. With the completion of this task, it is clear that you have understood the material in your microeconomics notes on chapter 7 - Public Sector Intervention, and the additional resources have aided you in many ways, including structuring your content and writing an economics essay.

                                                      The Friary School ar Twitter: "WELL DONE to the students for their efforts  today... Obviously a busy school - so things are hectic... Even so, things  went more smoothly than we could

You will be writing more and more economics essays as you progress through grade 10, and you may use the extra resources now and in the future to sharpen your writing abilities and get better grades.

By completing this challenge, you have enhanced a variety of abilities, including:

Analytical Skills

Critical Analysis

Creativity



By being able to explore the numerous facets of government interference in the economy and expound on the justifications for why government should be actively involved in the economy, you also met the objectives or aims of this lesson/task.

I've provided a template for you to type your essay in, so please don't forget to include your name, surname, and grade on your answer page.

link : https://1drv.ms/w/s!AjbgGZnxa08Wv3y_MFmlNSO60ntK?e=nfPMvO

Credits

Introductory Video done by Miss Williams ; check link : 

https://mycputac-my.sharepoint.com/:v:/g/personal/220023549_mycput_ac_z…

Template composed by Miss Williams - https://1drv.ms/w/s!AjbgGZnxa08Wv3y_MFmlNSO60ntK?e=nfPMvO

Introduction images :

image 1https://www.google.com/search?q=microeconomic+issues&sxsrf=ALiCzsae9EsDEGVSVSdYbUmmgpzlJXCMaQ:1662456687856&source=lnms&tbm=isch&sa=X&ved=2ahUKEwiM7NXi7f_5AhWNZ8AKHWZiCuAQ_AUoAnoECAEQBA&biw=1366&bih=568&dpr=1#imgrc=wk43oMUfVlNnoM

image 2 -

https://www.google.com/search?q=illustrations+on+public+sector+intervention+&tbm=isch&ved=2ahUKEwjr7K3og4D6AhXBlFwKHdgVCigQ2-cCegQIABAA&oq=illustrations+on+public+sector+intervention+&gs_lcp=CgNpbWcQAzIECCMQJ1DIBli5F2CWHGgAcAB4AIABrAOIAYMrkgEIMi0xLjEzLjKYAQCgAQGqAQtnd3Mtd2l6LWltZ8ABAQ&sclient=img&ei=jSoXY6vyFcGp8gLYq6jAAg&bih=625&biw=1366&hl=en#imgrc=dqGYMCcyBvPOUM&imgdii=cNBm7_KYslxX-M

image 3 - https://www.google.com/search?q=public+sector+intervention+grade+10&tbm=isch&chips=q:public+sector+intervention+grade+10,online_chips:government+intervention:o-MYFgFQRYc%3D&hl=en&sa=X&ved=2ahUKEwjCkaWV7__5AhUI7xoKHU44AaEQ4lYoAXoECAEQJg&biw=1349&bih=568#imgrc=ykM1-5C6-i2ULM

image 4https://www.google.com/search?q=importance+of+public+sector+intervention+in+the+economy+&tbm=isch&ved=2ahUKEwiGxrCshYD6AhXvSkEAHfuxCMwQ2-cCegQIABAA&oq=importance+of+public+sector+intervention+in+the+economy+&gs_lcp=CgNpbWcQAzoECAAQQzoGCAAQHhAHOgYIABAeEAg6BwgjEOoCECc6BAgjECc6CAgAEIAEELEDOggIABCxAxCDAToFCAAQgAQ6BwgAELEDEEM6CwgAEIAEELEDEIMBOgQIABAYOgQIABAeUJsGWLKAAWCoggFoAXAAeAGAAeYEiAHH0QGSAQsyLTYuNTUuMTEuM5gBAKABAaoBC2d3cy13aXotaW1nsAEKwAEB&sclient=img&ei=KCwXY4aSG--VhbIP--Oi4Aw&bih=625&biw=1349&hl=en#imgrc=uLjIMAeYLIdalM

Below Task :

https://www.google.com/search?q=heres+some+tips+&tbm=isch&ved=2ahUKEwjZn4HR4oD6AhWsSEEAHX-EBEQQ2-cCegQIABAA&oq=heres+some+tips+&gs_lcp=CgNpbWcQAzoECCMQJzoGCAAQHhAFOgYIABAeEAg6BAgAEBg6BwgjEOoCECc6BQgAEIAEOgsIABCABBCxAxCDAToICAAQgAQQsQM6CAgAELEDEIMBOgQIABBDOgcIABCxAxBDOgYIABAKEBhQAFizUWCRWGgFcAB4A4ABogeIAblHkgEMMi00LjE1LjMuMS4xmAEAoAEBqgELZ3dzLXdpei1pbWewAQrAAQE&sclient=img&ei=-Y0XY5m_LqyRhbIP_4iSoAQ&bih=625&biw=1349&hl=en#imgrc=lO2-rs9ZOxLfCM&imgdii=z-OffSh-DOd1BM

Image (requirements) -

https://www.google.com/search?q=requirements+&tbm=isch&ved=2ahUKEwiI5cjg4oD6AhWpxSkDHbhEDL4Q2-cCegQIABAA&oq=requirements+&gs_lcp=CgNpbWcQAzIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQ6BAgjECc6BwgjEOoCECc6BAgAEEM6CwgAEIAEELEDEIMBOggIABCABBCxAzoICAAQsQMQgwE6CggAELEDEIMBEENQAFjlJmD0KmgBcAB4BIAB2wOIAcAzkgEIMi0zLjEwLjWYAQCgAQGqAQtnd3Mtd2l6LWltZ7ABCsABAQ&sclient=img&ei=Go4XY4jwF6mLp8kPuImx8As&bih=625&biw=1349&hl=en#imgrc=T1mGzf_QXYdqwM

Image (aims)

https://www.google.com/search?q=aims&sxsrf=ALiCzsYQwNgyffjyGw_TYkClec_LyGjM1Q:1662972138178&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjw5sT87Y76AhXbQUEAHferDWoQ_AUoAXoECAIQAw&biw=1366&bih=625&dpr=1#imgrc=LVX26nj35jZEfM

Image (due date )

https://www.google.com/search?q=due+date+&tbm=isch&ved=2ahUKEwjog-re5YD6AhUMC98KHR8RBhEQ2-cCegQIABAA&oq=due+date+&gs_lcp=CgNpbWcQA1AAWABgAGgAcAB4AIABAIgBAJIBAJgBAKoBC2d3cy13aXotaW1n&sclient=img&ei=PJEXY-j1AoyW_AafopiIAQ&bih=625&biw=1349&hl=en#imgrc=LauXB3eqVW-ZaM

Image (Process)

https://www.google.com/search?q=steps+on+how+to+write+a+economics+essay&sxsrf=ALiCzsaYv4B73O1lTnPezi2AuXGjtjbrWA:1662576656020&source=lnms&tbm=isch&sa=X&ved=2ahUKEwj8t_nXrIP6AhWNWMAKHZ6gDvMQ_AUoAXoECAEQAw&biw=1366&bih=625&dpr=1#imgrc=-VnEJ5Vz_OhV5M

Evaluation 

https://www.google.com/search?q=evaluation&sxsrf=ALiCzsZ5XvI98KIrk-rafOy2yeawGEkiXg:1662651594731&source=lnms&tbm=isch&sa=X&ved=2ahUKEwiuqcHtw4X6AhUbh_0HHXtmCT4Q_AUoAXoECAEQAw#imgrc=qILbKND1Eruw5M

Marking guidelines 

http://desd.nwpg.gov.za/wp-content/uploads/2020/07/Economics-GR-10-MEMO…;

Conclusion 

https://www.google.com/search?sxsrf=ALiCzsaF3i0n7fqaY6jODJPKjBb5CquMfQ:1662721071817&source=univ&tbm=isch&q=thank+you+well+done&fir=z1eoBE4ezE3kAM%252Cg5dryN4xy-P8jM%252C_%253BRqaf8v2OBgwj1M%252CRyt9Rdr99pgXCM%252C_%253Ba8RuvGPyMuRVbM%252CiFcvZ-5GsSL5VM%252C_%253BZn9AWuB-dvixoM%252CkzWj-iVlpwqzoM%252C_%253BOD8dPeGoyqYPDM%252CTmLZTQq8fi_ivM%252C_%253BUGrauVnZYY6zhM%252Cd0T_GZctPnEgAM%252C_%253B9qFxNaAEceFXcM%252CRyt9Rdr99pgXCM%252C_%253BR7ogV4kfh_doBM%252CgeeQweiW7P0UTM%252C_%253BM2EUHaeFEp6TZM%252CZC3nZNQIL6R55M%252C_%253BnPNCsKG6UN0uJM%252C3e1FZmJw_9wEJM%252C_%253BwXyOGCR2ycmj2M%252CfFCA4Hn1o54n2M%252C_%253B-pJewyRm_CZ9EM%252CRyt9Rdr99pgXCM%252C_%253BuB8Ni7I661Ht_M%252CjMMiZCzgt4k0zM%252C_%253B9RiSOz5g0SWJZM%252CiuatDSoQwo7OdM%252C_&usg=AI4_-kTcgppuIFi8hbwgRgY6DWS-mQBb1g&sa=X&ved=2ahUKEwjg_-HWxof6Ah

 

 

 

 

 

 

Teacher Page

Miss Williams created this webquest with a primary emphasis on microeconomics - public sector intervention economics grade:10, which refers to how the government intervenes in an economy.



The purpose of this webquest is to improve learning and make it more enjoyable for students, who may not be as familiar with computers or the use of ICT services.

The teacher encourages students to undertake the assignment or essay question and gives them preparation advice, steps, and more materials.

Additionally, the teacher provides remarks on the chapter that the essay is based on as well as marking criteria that students should focus on in order to receive good grades.

Miss HM Williams details :

Contact details - 0749206879

Email - Hopemegan01@gmail.com / 220023549@mycput.ac.za