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=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q1/22:
What is ECONOMICS?&choe=UTF-8
Question 1 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q2/22:
What is the difference between MICROECONOMICS and MACROECONOMICS? You will have to explain both&choe=UTF-8
Question 2 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q3/22:
What is the main problem that is studied in economics?&choe=UTF-8
Question 3 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q4/22:
Why is that a problem for mankind?(referring to the previous question)&choe=UTF-8
Question 4 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q5/22:
What is the difference between SCARCITY and a SHORTAGE?&choe=UTF-8
Question 5 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q6/22:
A NEED is something required for survival. List 3 needs&choe=UTF-8
Question 6 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q7/22:
A WANT is something desired but not required. List 3 wants that you have&choe=UTF-8
Question 7 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q8/22:
List 3 examples of a SERVICE that someone could perform&choe=UTF-8
Question 8 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q9/22:
Explain what DURABLE GOODS are.&choe=UTF-8
Question 9 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q10/22:
Give 3 examples of DURABLE GOODS.&choe=UTF-8
Question 10 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q11/22:
Explain what NONDURABLE GOODS are.&choe=UTF-8
Question 11 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q12/22:
Give 3 examples of NONDURABLE GOODS&choe=UTF-8
Question 12 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q13/22:
What do the letters TINSTAAFL stand for?&choe=UTF-8
Question 13 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q14/22:
What are economists talking about when they use the acronym TINSTAAFL?&choe=UTF-8
Question 14 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q15/22:
What is WEALTH?&choe=UTF-8
Question 15 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q16/22:
Why are services not included in you wealth?&choe=UTF-8
Question 16 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q17/22:
How are WANTS, NEEDS, GOODS and SERVICES alike?&choe=UTF-8
Question 17 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q18/22:
WHY is there an economic problem with wants, needs, goods, and services sharing a similar characteristic? (referring to previous question)&choe=UTF-8
Question 18 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q19/22:
What is the difference between CONSUMER GOODS and CAPITAL GOODS?(you will have to explain both)&choe=UTF-8
Question 19 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q20/22:
Give an example of a PARADOX of VALUE&choe=UTF-8
Question 20 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q21/22:
What is the nickname we have for ADAM SMITH?&choe=UTF-8
Question 21 (of 22)
Chapter 1-1 Comprehension: Scarcity and the Science of Economics: QR Challenge
https://www.classtools.net/QR/decode.php?text=Chapter 1-1 Comprehension: Scarcity and the Science of Economics
Q22/22:
What 2 characteristics did Adam Smith say a good must have in order to have value?&choe=UTF-8
Question 22 (of 22)
