Technologia
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LESSON 1 PRODUCTION POSSIBILITIES AND OPPORTUNITY COST 1-1 HIGH SCHOOL ECONOMICS 3RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY Technologia • Imagine you are a citizen of Technologia, a country that produces two goods: – Smartphones – Tablet computers • What do these two goods have in common? – Both digital technology – Both wireless – Both have touch screens
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Technologia. Imagine you are a citizen of Technologia , a country that produces two goods: Smartphones Tablet computers What do these two goods have in common? Both digital technology Both wireless Both have touch screens. Coltan. - PowerPoint PPT Presentation
Transcript of Technologia
LESSON 1 PRODUCTION POSSIBILITIES AND OPPORTUNITY COST
1-1
HIGH SCHOOL ECONOMICS 3RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
Technologia• Imagine you are a citizen of Technologia,
a country that produces two goods:– Smartphones– Tablet computers
• What do these two goods have in common?– Both digital technology– Both wireless– Both have touch screens
LESSON 1 PRODUCTION POSSIBILITIES AND OPPORTUNITY COST
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HIGH SCHOOL ECONOMICS 3RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
Coltan• Coltan is a heat-resistant ore
that can hold a strong electrical charge and is used in making the capacitors needed to produce touch screens for both smartphones and tablet computers.
• Coltan is rare. Almost all the deposits are found in African countries such as the Democratic Republic of Congo. – Source: University of Waterloo Earth
Sciences Museum (http://www.uwaterloo.ca/earth-sciences-museum)
LESSON 1 PRODUCTION POSSIBILITIES AND OPPORTUNITY COST
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HIGH SCHOOL ECONOMICS 3RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
Technologia’s PPF
• Simulation of smartphone/tablet production
• Five students per team; each person can handle only one card at a time.– Pull card from “coltan” box.– Turn card to appropriate side.– Pass to next person.– Place in box with appropriate label.– Repeat until coltan runs out.
LESSON 1 PRODUCTION POSSIBILITIES AND OPPORTUNITY COST
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HIGH SCHOOL ECONOMICS 3RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
Technologia’s PPF Simulation
LESSON 1 PRODUCTION POSSIBILITIES AND OPPORTUNITY COST
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HIGH SCHOOL ECONOMICS 3RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
Technologia’s PPF SimulationFirst person pulls a card and turns it to “Tablet”
LESSON 1 PRODUCTION POSSIBILITIES AND OPPORTUNITY COST
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HIGH SCHOOL ECONOMICS 3RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
Technologia’s PPF Simulation
Passes the card down the line …
LESSON 1 PRODUCTION POSSIBILITIES AND OPPORTUNITY COST
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HIGH SCHOOL ECONOMICS 3RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
TABLE 1.1: Smartphone and Tablet Computer Production Possibilities
Round (point)
Number of smartphones
Number of tablet computers
1 (A) 2 (B) 3 (C) 4 (D) 5 (E) 6 (F)
LESSON 1 PRODUCTION POSSIBILITIES AND OPPORTUNITY COST
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HIGH SCHOOL ECONOMICS 3RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
Technologia’s PPF
Tablets
Smar
tpho
nes
0 5 10 15 20 25 300
5
10
15
20
25
30
LESSON 1 PRODUCTION POSSIBILITIES AND OPPORTUNITY COST
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HIGH SCHOOL ECONOMICS 3RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
Technologia’s PPF• Increase in
the amount of coltan available for production
• PPF shifts “out,” away from the origin0 5 10 15 20 25 300
5
10
15
20
25
30
Smar
tpho
nes
Tablets
LESSON 1 PRODUCTION POSSIBILITIES AND OPPORTUNITY COST
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HIGH SCHOOL ECONOMICS 3RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY
Technologia’s PPF• Increase in
productivity for smartphones
• One unit of coltan can produce two smartphones
• PPF has shifted outward, away from origin
0 10 20 30 40 50 600
10
20
30
40
50
60
Smar
tpho
nes
Tablets
