Beruflich Dokumente
Kultur Dokumente
The topic that will be addressed comes form the Australian curriculum
ACHEK052. This content descriptor details ways that governments manage
economic performance to improve living standards. Macroeconomics looks at
how economic factors effect and respond with changes. Prior knowledge
includes the business cycle, living standards, economic performance, aggregate
demand and supply, income distribution and the circular flow of income.
The Known
Learners draw prior knowledge and experiences forward, this provides our
foundation to build from.
EDSC1002 Page 1 of 10
14285985 Lauren McGrath
Concept Wall:
Students split into four groups; each group is given a piece of paper and post-it
notes.
Each group is given a topic and makes concept map of prior knowledge of
this topic.
o Topics include:
Business Cycle
Standards of Living
Economic Performance
Income Distribution
After discussion students write main points of topic on post-its and place
on white board.
Students asked to organise four topic ideas and draw connections
between topics using whiteboard marker.
Students are guided towards the information that will be important in
building the new.
Students copy down Concept wall for future reference.
The New
Related to the learner’s ‘known’, new information or situations is presented. This
occurs with scaffolding within learners zone of proximal development (Kalantzis
& Cope, 2005).
Website:
Students make a website, using https://wordpress.com/, about learning
progress.
Students further develop understanding and critically think about
learning process (Heick, 2017).
EDSC1002 Page 2 of 10
14285985 Lauren McGrath
Chat Chart:
Students view monetary policy video (Investor Trading Academy, 2015), and
discuss in small groups then fill out following table for webpage.
My words My Questions
Facts Connections
EDSC1002 Page 3 of 10
14285985 Lauren McGrath
By Naming
Moving from the concrete experiences of students, learners begin to
conceptualise in a broad sense of generalisation. Learners identify, classify and
define knowledge. (Kalantzis & Cope, 2005).
Crossword:
Students are given a Crossword in which they must, given descriptions of
economic terms, fill out.
Students use http://www.discoveryeducation.com/free-puzzlemaker/ to
create own economic crossword for webpage.
Frayer Model:
Students complete for Fiscal and Monetary policy.
Fiscal Sections include
o Definition
o Process
o Increase Taxation
o Increase Government Spending
Monetary Sections include
o Definition
o Process
o Increase Interest Rates
o Increase Money Supply
With Theory
Learners use the knowledge built by naming and make generalisations about
concepts. Here learners can make connections between theories further creating
and building on their knowledge (Kalantzis & Cope, 2016).
Five Whys:
EDSC1002 Page 4 of 10
14285985 Lauren McGrath
In groups of four, each student is asked given a statement to which they are
asked ‘why?’ consecutively five times.
This encourages learners to make connections (Mind Tools, n.d.).
Statements are related to Fiscal Policy
o Increased government spending boosts economic growth
o Taxes create more equitable distribution of income
o Taxes on imports protect domestic suppliers
o Increased Government Spending can improve standard of living
Responses recreated in own words for website.
Functionally
Students analyse functionality of concepts and make logical connections. By
doing this students find meaning behind concept (Kalantzis & Cope, 2016). This
allows learners to explain concepts to other students.
Juxtaposition:
Compare and Contrast diagrams of Expansionary Fiscal and Monetary Policy.
Scaffolded to guide students
Students write findings for website.
Critically
Learners analyse the purpose behind texts and personal and cultural meanings
(Exley, 2005).
EDSC1002 Page 5 of 10
14285985 Lauren McGrath
Appropriately
Learners apply what has been taught in a conventional way and allow students
to display mastery (Exley, 2005). Students see how learned knowledge will be
applied.
Report:
Students write report on why government intervention is needed and how
economic factors are affected.
Effects in a Bull and Bear market
Liquidity market diagrams
Critical Thinking
Summary of Macroeconomic factors
Creatively
Learners apply knowledge in innovative way or different setting (Exley, 2005).
Student can express own meaning in alternative method.
Panel Discussion:
EDSC1002 Page 6 of 10
14285985 Lauren McGrath
EDSC1002 Page 7 of 10
14285985 Lauren McGrath
Reference List
Exley, B. (2005). Using Process Drama within a Knowledge Processes
Framework to Promote Aboriginal Students’ Literacy Outcomes.
Retrieved from https://eprints.qut.edu.au/1793/1/1793.pdf
Investor Trading Academy (2015, June 30). What is Monetary Policy? [Video file].
Retrieved from https://www.youtube.com/watch?v=qgC5m47TM0I
Luna, M. (2014, February 2014). Fiscal Policy [Video file]. Retrieved from
https://www.youtube.com/watch?v=Xy-HRE751Ww,
EDSC1002 Page 8 of 10
14285985 Lauren McGrath
EDSC1002 Page 9 of 10
14285985 Lauren McGrath
EDSC1002 Page 10 of 10