Learning Economics Through Current Issues 2 Teacher guideline A. Aims: Through this activity, students can: 1. organize news content systematically; 2. analyze current issues with learnt economic concepts; 3. go further for inquiry; 4. apply related economic concepts to news issue and daily observation; 5. enhance thinking skills. B. Learning Process: After finishing the activity, teachers should: 1. assess students’ work. 2. 3. 4. evaluate students’ performance. give feedback: discuss/analyze students’ work, point out how students can improve. modulate the worksheets according to students’ progress. C. Use of worksheet: In order to facilitate a more flexible use of current issues in class discussion with students, the format of the worksheets is not standardized. Teachers can adopt the worksheets and reschedule the order of questions according to students’ ability and teaching schedule. D. Citation and References Teachers should emphasize the importance of citation. Students are required to cite every reference at the end of each piece of news commentary. News Commentary Worksheet_ Teacher Guideline Page 1 E. News Summary (1) Minibus Accidents Materials : Minibus Accidents & Worksheets Source : 1. 「薪酬制度或與意外有關」 ,蘋果日報,2009 年 8 月 26 日。 2. 「規定受僱營運商 杜絕「走多轉」加速」 ,文匯報,2009 年 8 月 26 日。 Supplementary Materials : 1. Motor vehicle involvements and involvement rates by selected class of motor vehicle (2008) (extract). Transport Development: Summary of Key Statistics (Table 3.1) http://www.td.gov.hk/FileManager/EN/Content_20 15/08fig3.1e.pdf 2. LCQ12: Safe driving is the proper attitude of PLB drivers. Legislative Council, Press Releases http://www.info.gov.hk/gia/general/200602/22/P20 0602220195.htm 3. 「保險蝕本 保費飈六成」,明報,2009 年 7 月 28 日。 Abstract Related Concept : Reasons causing many minibus accidents. : Opportunity Cost, Different Wage Payment systems, private benefit, private cost, external cost and Demand and Supply. No. of Lesson required : Two consecutive lessons (2) Standard Chartered Commemorative Charity Banknotes Materials : Standard Chartered Commemorative Charity Banknotes Source : 1. Paggie Leung, “StanChart marks anniversary with HK$150 note”, South China Morning Post, September 9, 2009 2. Alfred Liu and Adele Wong, “New $150 notes are real bang for the buck”, The standard, September 9, 2009 Supplementary Materials Abstract : Diana Lee, “Banknote rush hits a sour note”, The Standards, July 15, 2008. : Explore the problems of shortage in the sale of commemorative banknotes and possible solutions. Related concept : Demand & Supply ,Opportunity Cost and Function of Money No. of Lesson : Two consecutive lessons required News Commentary Worksheet_ Teacher Guideline Page 2 (3) Local Retail Industry Materials : Local Retail Industry Source : 1. 2. Supplementary : 1. Materials 2. 「港島『有工無人做』 」,星島日報,2009 年 9 月 14 日。 「好老闆培訓員工保送大學 實惠擴五分店增聘 200 人」 ,星島日報,2009 年 9 月 14 日。 A summary of Turnover Rates and Vacancy Rates in the First Quarter of 2009 (by business sector). HKIHRM survey shows employee turnover at record low for first quarter of 2009 (Chart 2) http://www.hkihrm.org/common_files/press/english /files/12865.7311201096trvrQ109_pr_e_web_v2.pdf A summary of Turnover Rates and Vacancy rates (First Quarter of 2003-First Quarter of 2009). HKIHRM survey shows employee turnover at record low for first quarter of 2009 (Chart 1) http://www.hkihrm.org/common_files/press/english /files/12865.7311201096trvrQ109_pr_e_web_v2.pdf : Explore the retail industry in Hong Kong with reference to Abstract the example of Pricerite. Related concept : Labour Mobility, Labour, Productivity and Hong Kong Economic Situation No. of Lesson : Two consecutive lessons required (4) Income Inequality in Hong Kong News Source : Income Inequality in Hong Kong 1. 「6 個港人 1 個貧 10 年新高」,香港經濟日報,2009 年 9 月 28 日。 2. 「港貧窮人口高達 123 萬 貧富日益懸殊 社聯促撥 17 億扶貧」, 星島日報,2009 年 9 月 28 日。 Supplementary 3. 「2009 年最新貧窮及失業數據分析」香港社會服務聯會 1. Poverty Population in Hong Kong (Thousands) (99-first half Resources of 09). 2009 updated poverty and unemployment data analysis, The Hong Kong Council of Social Service 2. The median monthly income between High income households and low income households (89-first half of 09). 2009 updated poverty and unemployment data analysis, The Hong Kong Council of Social Service Related concept : Efficiency, Equity and Trade off between efficiency and equity. News Commentary Worksheet_ Teacher Guideline Page 3 Abstract : Investigate the problems of income inequality in Hong Kong. No. of Lesson : Two consecutive lessons required F. Teaching Procedures: 1. Before the lesson: Students are strongly recommended to study the news beforehand. They can highlight some crucial words that are related to economics or they have come across in economics when they are reading the news article. This can prepare students for later economic analysis. 2. After the lesson: Students need to prepare a 400-word report (e.g. news commentary, proposal) with reference to the worksheets. Teachers can refer to the suggested reports in the worksheets for this part. (The number of words required is subject to the ability of the students.) Teachers can assess students’ work and give feedbacks to facilitate students’ improvement. News Commentary Worksheet_ Teacher Guideline Page 4