Date post: | 16-Jan-2016 |
Category: |
Documents |
Upload: | angel-willis |
View: | 213 times |
Download: | 0 times |
1The Economics, Business & Enterprise Association© 2008
FIRE!!!
2The Economics, Business & Enterprise Association© 2008
KnowledgeKnowledge
Objectives:
• Survival by staying alive
• Minimise the damage and therefore costs to the school
• Ensure the school can stay open so that there is little disruption to learning and the
education of students
3The Economics, Business & Enterprise Association© 2008
ApplicationApplication
Ideas must be in context:
• Only use equipment that is in the classroom to survive
• Bear in mind we are on the second floor of the building
4The Economics, Business & Enterprise Association© 2008
Application
Options? Phone 999
Jump out of the window
Use the fire extinguisher
Panic
5The Economics, Business & Enterprise Association© 2008
AnalysisAnalysis
Option 1: Call 999
• Fire will be extinguished
• Building can be checked by professionals
• Would more than likely meet the objective of survival
• A delay in the fire brigade arriving could mean that the primary objective of survival may not be met
• A great deal of damage will be done to the school in the time it takes for the fire brigade to arrive
6The Economics, Business & Enterprise Association© 2008
AnalysisAnalysis
Option 2: Jump out of the window
• Immediate escape from the burning classroom
• Will ensure that smoke fumes do not damage lungs
• Will ensure do not die from smoke fumes
• Depending on landing may mean death therefore objective of survival not met
• Serious injuries could be sustained as a result of the fall
• Will not help to put out the fire and option alone would mean that the school would burn down therefore resulting in closure
7The Economics, Business & Enterprise Association© 2008
AnalysisAnalysisOption 3: Use the fire extinguisher
• Will contain the fire and depending on the size of the fire may extinguish it
• Will mean that objective of survival is met
•The objective of minimising damage and therefore costs to the school will be met as damage could be contained to one classroom
• The fire may be too large for the fire extinguisher to put out the entire fire
• The fire may be blocking the fire extinguisher
8The Economics, Business & Enterprise Association© 2008
AnalysisAnalysis
Option 4: Panic
• Is a natural reaction that gets adrenaline pumping and therefore prepares us gets us for fight or flight
• It is harder to think of solutions whilst panicking
• Is counterproductive
• Could result in all objectives not being met as solutions will not be thought of and time will be wasted
9The Economics, Business & Enterprise Association© 2008
EvaluationEvaluation
• A judgement must be made about which option(s) to chose
• The option(s) chosen must be fully justified• A combination of options could be chosen and
an explanation of why must be included• Include comments about the short term and long
term implications• Are there any drawbacks mentioned that could
be counter argued and how?
10The Economics, Business & Enterprise Association© 2008
Evaluation Sample 1
I think that the class should ring 999 because then professionals would come
and sort out the problem. The class should also try to use the fire extinguisher in the
meantime to try to contain the fire.
Is this evaluation?
WHY?
11The Economics, Business & Enterprise Association© 2008
Evaluation Sample 2
The class should not panic as that would not help the situation and would prevent the overall objectives being
met. The class firstly should try to use the fire extinguisher in the
short term as this would at least contain the fire. They should also phone 999 if they have a mobile phone
available as the fire brigade will be able to secure the building and ensure that the fire is completely
extinguished.
Is this evaluation?WHY?
Evaluation
• Why did Winston Churchill ask for a one handed economist?
Evaluation
• The learning objective today is to– Understand how to evaluate through group
learning and practise
Evaluation
• In groups of 5 write down everything you know about evaluation (10 minutes)
• Chose one person to present
Evaluation
• Each team presents
• I will give you some additional info
• Take notes of the things you hadn’t thought of so that you can add it to your poster later
16The Economics, Business & Enterprise Association© 2008
Evaluation
Trigger words:
To what extent…Justify
RecommendEvaluate
17The Economics, Business & Enterprise Association© 2008
Evaluation
• Evaluation is giving your final judgements after dismissing all other arguments and saying why the judgement you have made is superior to all others
• You will be required to consider limiting factors e.g. feasibility, impact of internal and external constraints
• It is useful to consider the long term and short term issues
• Comments on the reliability of the data or information given is effective and you must state if there anything that your judgement depends on
• If any drawbacks can be counteracted by your suggestions you should include this
Evaluation phrases• The arguments for and against X are finely balanced….• A change in X might cause a change in Y however this
depends on Z being held constant…..• However, a possible disadvantage of this strategy / policy is
that …• The relationship between S and T rests on certain
assumptions which may not be the case in reality…..• The effects of a change in A depend on the price elasticity of
demand and supply…..• The argument that X causes Y is actually contradicted by
recent evidence which shows that….• Although a fall in M should lead to a rise in N, time lags mean
that policy changes take time to have their full effect…..• Although there are short term effects arising from the
introduction of M, the longer-term impact might be more important
Evaluation phrases• In conclusion, there are several policy options available to
the government. I would argue that policy X is likely to be most effective in achieving the government’s objective in the long run. This is because …………..
• There may be a potential conflict involved with this policy• To conclude I would argue that …• The weight of my arguments suggests that policy X is the
one that the government should consider first
20The Economics, Business & Enterprise Association© 2008
What is the difference betweenanalysis and evaluation?
Analysis assesses the causes and consequences of an issue and explains the
likely impact and reaction of the firm/government/consumer.
Evaluation builds on analysis and involves you weighing up options and coming to a view on what government/the central bank should do.
21The Economics, Business & Enterprise Association© 2008
What is the difference betweenanalysis and evaluation?
For example:Evaluate Sam’s Rolls decision to change their
production method from batch to flow.
L3: Weighing up the advantages and disadvantages of the change
L4: Making a decision overall to whether it is a good or bad decision and why. Suggesting an alternative method and explaining why would
also demonstrate L4.
Practise• Create a plan for the following essays (15 minutes)
– Group 1 – Evaluate the measures that a government might use to reduce unemployment.
– Group 2 – Evaluate the measures that a government might use to reduce inflation.
– Group 3 – Evaluate the measures that a government might use to achieve economic growth
– Group 4 – Evaluate the measures that a government might use to reduce a current account deficit.
• Be prepared to present your plan to the class• When viewing the presentations think about what is
good and what could be added – you will be asked for feedback
What did you learn?• Before you leave the classroom you have to tell me
something about evaluation!!
• Have a look at this video for homework (a great video on supply side policies with lots of evaluation)– http://www.youtube.com/user/pajholden#p/u/3/v9HEm8w5nL8