Are these luxurious gadgets a greater funding than gold or the inventory market? Or will patrons be left holding the bag?
Think about an merchandise so unique that it’s a must to be particularly chosen as an individual who has the chance to shell out tens of hundreds of {dollars} to get one. Other than its excessive exclusivity, it is also pointless for day-to-day life and there are less expensive options available in the market. Would such a factor be price shopping for? Talk about this along with your college students in NGPF’s exercise collection primarily based on Enterprise Insider’s net collection: So Costly.
College students will watch a video a couple of particular services or products, establish the precise elements of manufacturing that impression its value, and dig deeper by answering a couple of thought-provoking questions.
So Costly #16: Hermes Birkin Luggage
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Incessantly Requested Questions
How typically will this exercise be launched?
We’ll launch one So Costly exercise per week throughout this college yr. If for any cause the online collection stops making new episodes or the content material turns into unfit to be used within the classroom, we’ll talk any plans to transition away from So Costly as quickly as potential.
How do I ship this exercise?
We’ve got included each a Nearpod and no-tech model of the exercise. Observe: you will have to be logged into your Nearpod account to obtain the exercise. There isn’t a reply key, however the no-tech model could have a slide with instance solutions for the elements of manufacturing and the Nearpod model could have solutions preloaded in a drag-and-drop exercise.
How is the exercise structured?
Every week’s exercise will embody:
- Introduction
- Elements of manufacturing studying/refresher sources
- A Enterprise Insider “So Costly” video
- Elements of manufacturing identification exercise
- A number of dialogue questions on that week’s services or products
What if my college students haven’t discovered in regards to the elements of manufacturing?
The exercise features a video and infographic that can give college students the foundational information wanted to grasp the elements of manufacturing and put that information to make use of.
When ought to I exploit this exercise?
This exercise is constructed to be versatile. It may be used to complement your present private finance classes or it may be used as a standalone exercise in case you’re on the lookout for a significant and related solution to interact your college students as we head into the ultimate weeks of the varsity yr.
How lengthy does the exercise take?
The video in regards to the elements of manufacturing is 4 minutes and the So Costly movies typically vary between 5-10 minutes. So, relying on whether or not college students watch each movies and the way in-depth your college students go within the dialogue questions, it’s affordable to anticipate the exercise to take someplace between 15-Half-hour.
The place can I discover the So Costly actions on the web site?
On NGPF.org’s prime navigation, hover over the curriculum menu and click on “So Costly Collection” below Economics.
We hope this exercise will allow you to present your college students with partaking matters to assist sharpen private finance and economics expertise!
Have questions or feedback? Attain out to [email protected]!
Searching for extra methods to introduce economics into your private finance classroom? Take a look at NGPF’s Econ Assortment!