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QR Challenge: 12ECO Definitions

Created using the ClassTools QR Treasure Hunt Generator

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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. Consumption - Spending by Households/Private Expenditure?
2. Change in stocks or inventories. Use to calc GDP and a economic indicator for an economy?
3. National Income, Output & Employment?
4. Production Possibilities Frontier (Can also be a curve)?
5. Public Expenditure - Spending by the government on public and collective goods and services?
6. The income we received from selling our goods and services to Overseas consumers/Export Receipts?
7. Gross Fixed Capital Formation?
8. The Overall Price Level - General level of Prices?
9. Full Employment, Productive Capacity, Long Run Aggregate Supply?
10. Real Gross Domestic Product?
11. Interest Rates?
12. Exchange Rates?
13. Foreign Exchange Market?
14. Total Amount of Spending in an Economy - Aggregate Demand?
15. Total Amount of Output, Aggregate Supply in an Economy?
16. The payment for when we buy overseas goods and services (imports)?
17. The Official Cash Rate (the cost/return on overnight interbank lending)?
18. Consumer Price Index - The Official Measure of Inflation in NZ?
19. Buying and Selling of Government Bonds - Open Market Operations?
20. Policy Targets Agreement - Agreement between the Gov't & RBNZ about Price Stability?

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Consumption---Spending-by-Households/Private-Expenditure

Question 1 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Change-in-stocks-or-inventories.-Use-to-calc-GDP-and-a-economic-indicator-for-an-economy

Question 2 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=National-Income,-Output-&-Employment

Question 3 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Production-Possibilities-Frontier-(Can-also-be-a-curve)

Question 4 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Public-Expenditure---Spending-by-the-government-on-public-and-collective-goods-and-services

Question 5 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=The-income-we-received-from-selling-our-goods-and-services-to-Overseas-consumers/Export-Receipts

Question 6 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Gross-Fixed-Capital-Formation

Question 7 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=The-Overall-Price-Level---General-level-of-Prices

Question 8 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Full-Employment,-Productive-Capacity,-Long-Run-Aggregate-Supply

Question 9 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Real-Gross-Domestic-Product

Question 10 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Interest-Rates

Question 11 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Exchange-Rates

Question 12 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Foreign-Exchange-Market

Question 13 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Total-Amount-of-Spending-in-an-Economy---Aggregate-Demand

Question 14 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Total-Amount-of-Output,-Aggregate-Supply-in-an-Economy

Question 15 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=The-payment-for-when-we-buy-overseas-goods-and-services-(imports)

Question 16 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=The-Official-Cash-Rate-(the-cost/return-on-overnight-interbank-lending)

Question 17 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Consumer-Price-Index---The-Official-Measure-of-Inflation-in-NZ

Question 18 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Buying-and-Selling-of-Government-Bonds---Open-Market-Operations

Question 19 (of 20)

 


12ECO Definitions : QR Challenge

https://www.classtools.net/QR/decode.php?text=Policy-Targets-Agreement---Agreement-between-the-Gov't-&-RBNZ-about-Price-Stability

Question 20 (of 20)