use of ict in economics

WELCOME

USE OF COMPUTER IN ECONOMICS TEACHING

ICT Dimensions

ICT for creating

ICT for communicating

ICT for visualising thinking

INTRODUCTION

Computer applications like graphics software’s , online videos ,excel ,PowerPoint ,e learning materials etc have important role in the economics teaching and learning processes but still most of the teachers are using the conventional methods through this modern methods technological natives (students) can understand complicated economics concepts and theories easily.

POWER POINTPower point is very useful application software in economics teaching just like any other subjects it makes class room more interesting and joyful.

it makes graphs and diagrams more interesting

It makes economic tables more interesting and easy to understand

Examples-

RELATION BETWEEN TP AND MP

• TP increases at increasing rate as long as MP rises• TP increases at diminishing rate when MP falls but positive• When MP is zero TP attain its maximum level.• TP starts to decline when MP becomes negative.

TP

MP

X TP AP MP

1 10 -

2 24

3 39

4 56

5 70

10

14

14

13

12 14

15

17

14

FIND AP AND MP

ExcelMicrosoft Excel is a spreadsheet program that originally competed with the dominant Lotus 1-2-3, but eventually outsold it. It is available for the Windows and Mac platformsExcel can use to do different mathematical functions and graphs related to economics very easily

For example :Total productAverage productMarginal product Total costAverage costMarginal costTotal revenue average revenueMarginal revenueTotal fixed costTotal variable costMPCAVCMPS

Educational Animations and Graphics

Educational animations are animations produced for the specific purpose of fostering learning. Graphics are the representation and manipulation of image data by a computer with help from specialized software and hardware.

the educational animations and graphics are very useful computer tools in the economics teaching and learning complicated economics diagrams can easily explain with animations and graphicsExample :

Multiplier

Online Video Tutorials

In recent times the online video tutorials also very useful one in economics Learning and teaching especially YouTube. YouTube is a video-sharing website, created by three former PayPal employees in February 2005, on which users can upload, view and share videos. The company is based in San Bruno, California, and uses Adobe Flash Video and HTML5 technology to display a wide variety of user-generated video content, including movie clips, TV clips, and music videos, as well as amateur content such as video blogging and short original videos.Example :

Thank You