Pedagogical analysis of laws of return


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its a pedagogiacal study of laws of returns

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Pedagogical analysis of laws of return

  1. 1. Pedagogical analysis of laws of return<br />Pedagogy means the art and science of teaching or learner focused education<br />©By Richa misra M.A. Economics<br />Pedagogy objectives<br /><ul><li>To communicate orally or in writing the different laws of returns
  2. 2. To become familiar with the terms used in laws of return
  3. 3. To develop understanding of the laws
  4. 4. Pupil should be able to recall the meaning of different technical word used</li></ul>Pedagogical material<br /><ul><li>Textbook
  5. 5. Authentic material
  6. 6. Charts
  7. 7. Graphs
  8. 8. Black board
  9. 9. Chalk</li></ul>Pedagogical approach<br /><ul><li>Lecture cum discussion method
  10. 10. Interactive approach
  11. 11. Work in small groups of student(5-10)
  12. 12. Mini groups in a class and personalized teaching
  13. 13. {student counseling , tutoring, individual projects, graph}
  14. 14. Teaching program adapted to students need and desires
  15. 15. Lessons are divided in small units</li></ul> Unit -1<br />Topic Laws of Constant return <br /><ul><li>Instructional objectives and specification
  16. 16. Activities and procedure
  17. 17. Evaluation technique
  18. 18. Unit(2)</li></ul>Topic Law of diminishing return<br /><ul><li>Instructional objectives
  19. 19. Activities and procedure
  20. 20. Evaluation technique
  21. 21. Unit(3)
  22. 22. Topic Law of increasing return
  23. 23. Instructional objectives
  24. 24. Activities and procedure
  25. 25. Evaluation technique
  26. 26. Introduction
  27. 27. Meaning:In short run, the proportionate change in variable factor of production causes
  28. 28. The change in total production .
  29. 29. TYPES OF LAWS
  30. 30. Law of constant returns
  31. 31. Law of increasing returns
  32. 32. Law of diminishing returns</li></ul> Analysis of UNIT (1)<br /><ul><li>Law of constant returns
  33. 33. Definition
  34. 34. Any increase or decrease in the variable factors of production cause the corresponding change in the total production in the same proportion. Marginal production remains the same
  35. 35. Table 1.1 law of constant proportion</li></ul>S.NO.Labor(Variable factor)Total ProductionMarginal 1.1101023.4.234203040101010<br />TYPES OF CONSTANT RETURNS<br /><ul><li>In the formal constant returns
  36. 36. In the formal constant cost</li></ul>{1}In the formal constant returns<br />With every increase in the variable factors of production the rate of total production increases but the rate of change in marginal production remains the same.<br />Ref . Table 1.1 from the above table we can conclude that when the labor employed was one then the total production was 10 units with an increase in the 1 unit of labor total production is increased by 20 units and so on.<br />But in the whole case marginal rate of production remains the same.<br />Marginal rate of production is defined as the output from on additional unit of factor of production(labor, machine) other variable remains constant<br />MP= change in production/unit change in variable factors of production<br />{2} in the form of constant cost<br />With every unit increase in the variable factor of production total production increase in the same proportion total cost also increases but average cost remains the same<br />Table 1.2 Returns in the formal constant cost<br />labourTotal CostTotal ProductionAverage cost1.4010423.4.80120160203040444<br />GENERAL OBJECTIVES AND SPECIFICATION<br /><ul><li>KNOWLEDGE
  37. 37. Pupil should be able to define laws of return
  38. 38. Pupil should be able to recognize the word variable/static factors of production, marginal product, total product etc.
  39. 39. Pupil should be able to recall laws of constant returns & type
  40. 40. Pupil should be able to write laws of constant return
  42. 42. Pupil develops understanding of sub unit(1) i.e. laws of constant returns
  43. 43. How to represent the concept graphically
  44. 44. Pupil can recall an explain the meaning of the technical word used
  45. 45. Pupil can describe the law of constant returns
  46. 46. Pupil can justify their answer with Eg .
  48. 48. Teacher introduces the topic with general example
  49. 49. Teacher explain the meaning of
  50. 50. Laws of return
  51. 51. Factors of production
  52. 52. Short run
  53. 53. Relation ship between different factors of production
  54. 54. Marginal production</li></ul> Tr:State different laws of returns<br /> Stu:Response<br /> Tr:Define law of constant Return<br /> Stu:Ans.<br /> Tr: What do you understand by factors of production<br /><ul><li> Stu:Ans.
  56. 56. Pupil should be able to illustrate with example the law of constant return
  58. 58. Pupil should be able to compute the marginal product/ average cost
  59. 59. EVAUATION
  60. 60. Evaluate the marginal production if increase in total production is 80 units where increase in variable factor is by 20 units
  61. 61. Summarise the law of constant return
  62. 62. Evaluate association of total product with marginal product