QR Challenge: ROLE OF GOVERNMENT IN THE ECONOMY

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

• 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.

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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!

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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.

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Questions / Answers (teacher reference)

Question	Answer
1. Define full employment	most people willing and able to work are currently working
2. Give 1 reason why a government seeks price stability	greater economic certainty
3. What is fiscal policy?	manipulation of G and T to influence AD
4. What type of monetary policy can be used during inflation?	deflationary MP
5. What is the effect of supply-side policy on Aggregate Supply?	increase
6. A government gives tax incentives to producers. What kind of policy is this?	supply-side
7. What is inflationary monetary policy?	raise money supply, decrease interest rate
8. What is inflationary fiscal policy?	raise govt exp, decrease tax
9. Give 1 reason why a government redistributes income?	close income gap, enhance standard of living of the poor
10. Why does the government act as an employer?	operate state owned enterprises
11. Formulate the unemployment rate.	number unemployed/labour force times 100
12. What is a merit good?	one having high external benefits
13. Give an example of a macroeconomic concern/issue.	inflation, unemployment
14. What is price stability?	low and stable inflation
15. What is the name of the policy which raises market efficiency?	supply-side policies
16. What is BOP stability?	match import expenditure with export revenue
17. What is a budget?	govt plan of expenditure and revenue
18. Define income redistribution.	taking money from rich and giving to poor
19. What is a budget surplus?	govt revenue from tax > govt expenditure
20. Give one way of raising money supply.	printing money

 

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