Section outline

  • Learning Intentions

    • To experience market trading and to introduce market types, prices, S&D, wealth, . . . 'Economics'
    • To explore the pros & cons / effects of specific markets (eg shares) on individuals, companies & countries.
    • To learn to use a Question Quadrant to generate inquiry questions that we might want to answer.

    Success Criteria
    • Can explain the nature of markets and of one specific market, eg shares, and understand media reports. 
    • Can discuss the moral and economic issues in trading in shares, houses, commodities, etc. 

    Trading shares on the NZ Share Market

    To introduce Economics and Markets (and to have some fun after the NCEA Assessment), some of you might like to experience analysing the capital markets, international events, and business / industry changes. You can trade shares (not for real) using the NZ Stock Exchange (NZX) virtual trading site at: https://virtualtrading.nzx.com/accounts/register/ .

    Graphs showing historic changes in share prices are available here: analysis https://tradingeconomics.com/new-zealand/stock-market


    Generating Questions
    Students from MHJC who are now at senior college, say that it's important to know how to ask questions to get the help they need and to guide their research.
    For the next two weeks, we'll learn to use the 'Question Quadrant' to generate different types of question from news articles.

    Here's a link to some TradeMe stories which we'll use to generate questions based on the Question Quadrant 
    https://www.newshub.co.nz/home/new-zealand/2019/03/newshub-s-top-10-weird-trademe-stories.html


    Here's an example of the Question Quadrant:


    And an example using a picture of Winnie the Pooh and Piglet!


    Reading comprehension questions have the answer in the story, photo, video
    Research questions - we might be able to find the answers
    Speculation (imagination) questions about what might be (related to the text, photo, video.
    Inquiry (philosophical) questions about ethics, logic, metaphysics, epistemology, aesthetics. 
       Ethics - should people be allowed to buy and sell anything? 
       Logic - If people act in their own interest, will they ever donate to charity? 
       Metaphysics - how do people know what something is worth? 
       Epistomology - how do you know something?