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  1. Shipwrecked

    Slide 1 - Shipwrecked

    • By Liam Gilbert
  2. Introduction

    Slide 2 - Introduction

    • What is the economic problem?
    • There are 6 people on the island and they all have separate needs and wants
    • with the relative scarcity of resources on the island not everyone’s wants can be met, only the bare necessities for survival or needs
  3. Resources

    Slide 3 - Resources

    • What are the resources at our disposal?
    • Land
    • Capital
    • Labour
    • Enterprise
    • Mature Pine
    • Knives/Machete
    • Men
    • Hunter
    • Edible Fruit
    • Plastic Bags
    • Women
    • Carpenter
    • Water
    • Pots
    • Children
    • Cook
    • Fish
    • Shovel
    • Doctor
    • Rope
    • Economic Student
    • Canvas
    • Laptop
  4. Needs & Wants

    Slide 4 - Needs & Wants

    • Needs:
    • Food
    • Water
    • Shelter
    • Wants:
    • Survival
    • Proper clothing, food & shelter
    • Rescue
    • Other
  5. Occupation

    Slide 5 - Occupation

    • Name
    • Occupation
    • Bill
    • Hunter
    • Eneh
    • Cook (Broken Ankle)
    • Barry
    • Carpenter
    • Emily
    • Doctor
    • Oliver
    • Student (Fractures Wrist)
    • Me (Liam)
    • Economics Student
  6. Produce

    Slide 6 - Produce

    • Using these occupations and the resources we have available what can we produce in the immediate, short and long term?
    • Immediate
    • Small shelter and camp (fire)
    • Limited amount of food
    • Short
    • More sustainable shelter
    • Meat, hot water
    • Long
    • Plates and cutlery
    • Sturdy shelter
  7. Opportunity Cost

    Slide 7 - Opportunity Cost

    • What are the Opportunity Costs of these decisions?
    • First major opportunity cost:
    • There are two potential campsites, one located at the beach and one at the river. As water is a necessity to survive the camp must be chosen with the closest access to water. However, by doing this we are giving up fish and shellfish from the ocean and vision of the ocean.
    • Second major opportunity cost:
    • By the group working long and hard hours collecting food an resources to help build the shelter they are giving up free time and time to relax but this must be done to ensure the survival of the group
    • Third major opportunity cost:
    • Using the natural resources around the vicinity to help with the shelter and a food source would, in the future, deprive us of easy access to the same resources.
    • Fourth major opportunity cost:
    • By using the canvas to create a sturdy living space we are forgoing the use of the canvas to transport our goods
    • Final major opportunity cost:
    • By using the rope to build a sturdy shelter we are sacrificing the use of it for hunting to make snares and traps
  8. Allocation of Produce

    Slide 8 - Allocation of Produce

    • Will the produce be allocated evenly throughout the group?
    • Name
    • Amount of food Allocated
    • Bill
    • Slightly more due to amount of physical labour
    • Eneh
    • Slightly more due to injury
    • Barry
    • Slightly more due to amount of physical labour
    • Emily
    • Average amount
    • Oliver
    • Slightly more due to injury
    • Me (Liam)
    • Average amount
  9. Consumption of Produce

    Slide 9 - Consumption of Produce

    • Will the all the produce be consumed?
    • During the immediate term we do intend to consume everything thing as we would be adapting to a new lifestyle. However, in the short and long term it would be wise to store a certain amount of it away, encase of an accident. (Approximately two days worth).
  10. In Depth Detail

    Slide 10 - In Depth Detail

  11. Intermediate Term(First Week)

    Slide 11 - Intermediate Term(First Week)

    • Firstly we must collect the salvaged resources take them to the river and set up camp. Then we must separate and start working on individual task to help improve our standard of living.
    • Bill & Barry:
    • Work on making tools for hunting such as spears and snares to provide a healthy source of meat to the group.
    • Emily & Myself:
    • Scout the area to look for edible fruits and potential hunting spots and campsites.
    • Oliver & Eneh:
    • Begin to construct a temporary living space making it sturdy and to a certain degree, comfortable to live in.
  12. Short Term (First Month)

    Slide 12 - Short Term (First Month)

    • By this time the construction of a sturdier and more comfortable living space would have begun . Furthermore each of us would have separate tasks to undertake to ensure the construction to be successful.
    • Bill & Barry:
    • Begin construction on sturdier tools made from stone which could be used to help with construction and hunting
    • Emily & Myself:
    • Continue scouting the island for food and campsites however allocating some of the food we collect away into storage encase of a emergency
    • Oliver & Eneh:
    • Help ensure that the living area is clean and hygienic.
  13. Long Term (First 6 Months)

    Slide 13 - Long Term (First 6 Months)

    • By this time we would be living in a comfortable space and be prepared for pretty much anything by taking extra precautions such as storing food away, setting up bonfires around the island and have medical plants selected by the doctor always on campsite. This would ensure us a comfortable lifestyle that could be enjoyed to a certain degree.
  14. The End

    Slide 14 - The End