How might you use this stimulus material in class? 

 
How might you use this stimulus in class?

3.1 Explain how scarcity of economic resources results in individuals having to make choices; predict possible consequences of these choices. (Fairtrade) 

3.6 Explain how economic growth can impact positively and negatively on society and the environment and justify the promotion of sustainable development. 

3.10 Use their knowledge, and information from a range of media sources, to discuss current economic issues and present an informed view.

3.1, 3.2, 3.7

Learning Intentions:

·       Look at scarcity of resources / impact choices

·       Distribution of economic resources

·       Impact of globalisation of trade (benefits and challenges)

Cost of waste: financial, environmental and social 
Stimulus Material:

Link from Food and Agriculture Organisation 

https://www.fao.org/food-loss-and-food-waste/flw-data)

Video from Thorntons Recycling : https://www.mywaste.ie/what-to-do-with-my-food-waste/

 

 
 
 

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3.1 Explain how scarcity of economic resources results in individuals having to make choices; predict possible consequences of these choices

3.2 Explain how individuals, organisations (for profit and not-for-profit) and the 

government work together to distribute economic resources used to produce goods and services

Learning Intentions
Explain government (through HSE) as a supplier of resources

Explain the concept of opportunity costs

Identify possible consequences of missing hospital appointment

Keyterm: opportunity cost
Think, pair, share a list of implications of missing an appointment
Prepare a mind map/table diagram of implications to consumer, economy (Society) and government
Prepare a debate about implications missed appointments

2.1 Identify different types of financial, cultural and social enterprise and appreciate the role each plays in society 

2.3 Differentiate between employment, work and volunteerism, identifying and describing features, benefits, rewards and careers within each

2.5 Investigate the positive and negative impacts on a community of an organisation from an economic, social and environmental perspective

3.4 Differentiate between different sources of government revenue and government expenditure

3.9 Explain the relevance of economic indicators such as inflation, employment rates, interest rates, economic growth, national income and national debt for individuals and the economy

Learning Intentions.

I will be able to identify and discuss employee rights and responsibilities.

I will be able to explain the impact of poor working relations on workers and the business.

I will be able to analyse the impact of business closures on the employees, local community and government.

Stimulus:

Use of the case study along side the quadrant questions to give a broader insight into employer and employee rights and responsibilities and their associate impacts on people, community and economy. 'A historical legacy': Debenhams workers continue strike one year on from store closures (thejournal.ie)

Quadrant Questions

1.       What were workers protesting for?

2.       How many workers balloted for their rights?

3.       Explain the term industrial relations. Discuss the impact of poor industrial relations on organisations.

4.       Analyse the impact of Debenhams closures under the headings of people, Community and government.