Dania Ewodage is my name. I am a Nigerian, married with children. A profession teacher with years of experience and certified by the C.I.E, I hold a BSc. and Masters degrees both in economics, and the U.K. Inst. of Marketing diploma. I am also a Consultant and Pastor.
Dania Ewodage is my name. I am a Nigerian, married with children. A profession teacher with years of experience and certified by the C.I.E, I hold a BSc. and Masters degrees both in economics, and the U.K. Inst. of Marketing diploma. I am also a Consultant and Pastor.
Topic: Price Elasticity of Supply (PES) Lesson Plan IGCSE Economics- 'ppt’ doc. 'Use these materials to engage your students, and relax. You can consistently produce A*s, As, and Bs.
User guidelines:
Duplicate the file. Delete the answers to the activities in one file and share to students before or during the class.
Project the file. Teach and / or discuss the content within 5 to 15 minutes of lesson time.
Let students work on the activities provided.
Watch and guide them individually or collectively as the needs arise, such that they
understand and do the needful.
Use the activities as you find fit. Project the answers. Let students exchange and mark their own scripts for short and direct responses questions. Mark the detailed responses yourself. Best regards.
Lesson Objectives
At the completion of the lesson, all students should be able to;
Define price elasticity of supply (PES). Calculate PES using the formula and interpreting the significance of the result. Draw and interpret supply curve diagrams to show different PES.
Determinants of PES - The key influences on whether supply is elastic or inelastic. Significance of PES - The implications for decision making by consumers, producers and government.
Define price elasticity of supply (PES). Calculate PES using the formula and interpreting the significance of the result. Draw and interpret supply curve diagrams to show different PES. Determinants of PES - The key influences on whether supply is elastic or inelastic. Significance of PES - The implications for decision making by consumers, producers and government.
Price elasticity of demand (PED) ‘ppt’ * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the end of the lesson, the students should be able to;
Define price elasticity of demand (PED)
Calculate PED using the formula and interpret the significance of the result. Draw and interpret demand curve diagrams to show different PED. Determinants of PED - The key influences on whether demand is elastic or inelastic.
PED and total spending on a product/revenue -The relationship between PED and total spending on a product/revenue, both in a diagram and as a calculation.
Significance of PED - The implications for decision making by consumers, producers and government.
A whole lesson
*Topic: * Demand ‘ppt’, IGCSE Economics syllabus. *.Engage your students, relax, and simply guide them as they work and learn. 'Class Activities.‘with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Define demand, draw and interpret appropriate diagrams.Draw a price and demand curve and use it to illustrate movements along a demand curve with appropriate terminology, for example extensions and contractions in demand.Individual and market demand - The link between individual and market demand in terms of aggregation.Conditions of demand - The causes of shifts in a demand curve with appropriate terminology, for example increase and decrease in demand.Class ‘Activity’ with Abswes.
A whole lesson in keeping with the current IGCSE syllabus. It covers fully the Supply - IGCSE Economics. You will be able to engage your students, relax and simply guide them as they work.
Lesson Objectives:
At the end of the lesson, students should be able to:
2.4.1 define supply, draw and** interpret** appropriate diagrams.2.4.2 draw a price and supply curve and use it to illustrate movements along a supply curve with appropriate terminology, for example extensions and contractions in supply.2.4.3 individual and market supply - The link between individual and market supply in terms of aggregation. 2.4.4 conditions of supply - The causes of shifts in a supply curve withappropriate terminology, for example increase anddecrease in supply. • Do the ‘Activity’ provided at the end of the presentation.
Complete Lesson.
Micro and Macroeconomics and The Role of Markets in Allocating Resources ’ppt’ IGCSE Economics. With this resource, I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ ‘Questions with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Explain microeconomics, and macroeconomics, the difference between microeconomics and macroeconomics and the decision makers involved in each. The market system - How a market system works; including buyers, sellers, allocation of scarce resources, market equilibrium, and market disequilibrium. Key resources allocation decisions - Establishing that the economic problem creates three key questions about determining resource allocation - what to produce, how, and for whom. Introduction to the price mechanism - How the price mechanism provides answers to these key allocation questions.• ‘Class Activity – key words,’ ‘Multiple Choice Questions’ with ‘Answers.
Complete Lesson.
Market Failure. Private & Social Costs & Benefits Public and Private Spending * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Define market failure and the key terms associated with market failure: public good, merit good, demerit good, social benefits, external benefits, private benefits, social costs, external costs, private costs.
Causes of market failure - With respect to public goods, merit and demerit
goods, external costs and external benefits, abuse of monopoly power and factor immobility. Examples of market failure with respect to these areas only.
Consequences of market failure - The implications of misallocation of resources in respect of the over consumption of demerit goods and goods with external costs, and the under consumption of merit goods and goods with external benefits.
Note: diagrams of demand and supply relating to market failure are not required.
Complete Lesson.
Topic: * The Mixed Economic System * ’ppt’ IGCSE Economics… 'Use these materials to engage your students, and relax. You can consistently produce A*s, As, and Bs.
**User guidelines: **
Duplicate the file. Delete the answers to the activities in one file and share to students before or during the class.
Project the file. Teach and / or discuss the content within 5 to 15 minutes of lesson time.
Let students work on the activities provided.
Watch and guide them individually or collectively as the needs arise, such that they understand and do the needful.
Use the activities as you find fit. Project the answers. Let students exchange and mark their own scripts for short and direct responses questions. Mark the detailed responses yourself. Best regards.
Lesson Objectives
At the completion of the lesson, all students should be able to;
Define the mixed economic system. Describe government intervention to address market failure - Definitions, drawing and interpretation of appropriate diagrams showing the effects of three government microeconomic policy measures: maximum and minimum prices in product, labour and foreign exchange markets; indirect taxation; and subsidies. Definitions only of; government microeconomic policy measures: regulation; privatisation and nationalisation; and direct provision of goods.The effectiveness of government intervention in overcoming the drawbacks of a market economic system.‘Class Activities - Key word(s) search’ ‘Multiple Choice Tests’ ‘Answers.’
Complete Lesson.
The Market Economic System.* ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
At the completion of the lesson, the students should be able to;
Define market economic system - Including the roles of the private sector (firms and consumers) and the public sector (government) in a market economy. Advantages and disadvantages of the market economic system - Including examples of how it works in a variety of different countries.• ‘Class Activities’ ‘Multiple Choice Questions and Answer
Complete Lesson.
**Topic: ** Economic issues; Business cycle, Government control, Effects and Business response. ‘ppt’, ** IGCSE Bus Studies & Economics syllabus. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *
Lesson Objectives
At the end of the lesson, students should be;
Identify and explain the Business cycle: • Main stages of the business cycle, e.g. growth, boom, recession, slump.• Impact on businesses of changes in employment levels, inflation and Gross Domestic Product (GDP)How government control over the economy affects business activity and how businesses may respond. • Identify government economic objectives, e.g. increasing Gross Domestic Product (GDP) • Impact of changes in taxes and government spending. • Impact of changes in interest rates • How businesses might respond to these changes‘Class Activtiy with Answers’
Complete Lesson.
Foreign exchange rate - Meaning, Types, Difference, Merits and Demerits Determination, etc * ’ppt’ IGCSE Economics & Business Studies.
I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. 'Class Activities. ‘Keyword(s) Search, with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Define foreign exchange rate - Floating and fixed systems. Determine foreign exchange rate in exchange market - by the demand for and supply of a currency in the exchange market and determine the equilibrium foreign exchange rate. Causes of exchange rate fluctuations - including changes in demand for exports and imports, changes in the rate of interest, speculation, and the entry or departure of MNCs. Consequences of exchange rate fluctuations - effects of exchange rate fluctuations on export and import prices and spending on imports and exports via the PED. Floating and fixed foreign exchange rates - the difference between, and the advantages and disadvantages of, a floating exchange rate and a fixed foreign exchange rate system. ‘Class Activities, 'Keyword(s) Search, with Answers.’
Price Changes * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the end of the lesson, the students should be able to;
Identify and explain causes of price changes - Changing market conditions as causes of price changes. Identify and explain consequences of price changes - Demand and supply diagrams to be used to illustrate these changes in market conditions and their consequences for equilibrium price and sales. • ‘Class Activities’ Solutions at the end of the presentation.
Bundle: description & Content:
Role of multinational companies (MNCs) and the costs and benefits. The benefits of free trade for consumers, producers and the economy in a variety of countries.
Methods of protection. Reasons for protection - Consequences of protection and its impact on the home country and its trading partners.
Bundle: description & Content:
Measurement of inflation and deflation using the Consumer Prices Index (CPI).
4.8.3 causes of inflation and deflation - Causes of inflation: demand-pull and cost-push. Causes of deflation: demand-side and supply-side.
4.8.4 Consequences of inflation and deflation - The consequences of inflation and deflation for consumers, workers, savers, lenders, firms and the economy as a whole. 4.8.5 Policies to control inflation and deflation. The range of policies available to control inflation and deflation and how effective they might be.
Complete Lesson.
*Topic:*Firms Costs Revenue Economies and Disecomies of Scale and Breal Even Analysis pptx IGCSE Economics and Business Studies syllabus. *.Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ ‘Keywords Study’ ‘Multiple Choice Questions with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Define costs of production -Total cost (TC), average total cost (ATC), fixed cost (FC), variable cost (VC), average fixed cost (AFC), average variable cost (AVC). Note: marginal cost not required. Calculate the costs of production -Calculation of TC, ATC, FC, VC, AFC and AVC. Definition, drawing and interpretation of diagrams that show how changes in output affect costs of production. Define revenue - Total revenue (TR) and average revenue (AR). Note: marginal revenue is not required. Calculate revenue - Calculate TR and AR. The influence of sales on revenue. Objectives of firms - Survival, social welfare, profit maximisation and growth.
Lesson Plan
Topic: Private Limited Companies Lesson Plan ‘MS word doc.’ IGCSE Business Studies & Economics.
Lesson Objective: are shared with the students for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to; Identify a Private limited companies, its main features, advantages and disadvantages. •• Concepts of risk, ownership and limited liability •• Recommend and justify a Private limited companies to owners/management in a given situation.
NB: Add your school’s name, and logo on top, you own name, date, and class year, term and week, etc.
Lesson Plan
Topic:Employment and unemployment rates Lesson Plan IGCSE Economics- ‘MS word doc.’
Lesson Objective: are shared with the students for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to;
Define employment, unemployment and full employment. Describe the nature and causes of the of changing patterns and level of employment - for example increase in proportion of workers employed in the tertiary sector and formal economy as an economy develops; a greater proportion of women in the labour force due to changes in social attitudes; decline in the proportion employed in the public sector as a country moves towards a market economy. How unemployment is measured – claimant count and labour force survey – and the formula for the unemployment rate. Causes/types of unemployment - Frictional, structural and cyclical unemployment. Consequences of unemployment - The consequences of unemployment for the individual, firms and the economy as a whole. Identify and explain - the range of policies available to reduce unemployment and how effective they might be.
NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.
Lesson Plan
Topic: Economic Growth Lesson Plan. IGCSE Economics- ‘MS word doc.’
Lesson Objective: are shared with the students for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to;
define economic growth. Measurement of economic growth. Causes and consequences of recession. Causes of economic growth. Consequences of economic growth. Policies to promote economic growth
NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.
Lesson Plan
Topic: Firms and Classification of Firms Lesson Plan IGCSE Economics- ‘MS word doc.’
Lesson Objective: are shared with the students for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to;
Classify firms - In terms of primary/secondary/tertiary sectors and private/public sector, and the relative size of firms. Note: detailed knowledge of different types of structure of a firm is not required. Small firms - The advantages and disadvantages of small firms, the challenges facing small firms and reasons for their existence. Causes and forms of the growth of firms - Internal growth, for example increased market share. External growth, for example mergers.
Mergers - Examples, advantages and disadvantages of different types of mergers: horizontal, vertical, and conglomerate. Economies and diseconomies of scale - How internal and external economies and diseconomies of scale can affect a firm/industry as the scale of production changes.
NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.
Topic: Micro and Macroeconomics The Role of Markets Resources Allocation Lesson Plan IGCSE Economics- ‘MS word doc.’
Lesson Objective: are shared with the students for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to;
Describe microeconomics and macroeconomics - The difference between microeconomics and macroeconomics and the decision makers involved in each.
The market system - How a market system works; including buyers, sellers, allocation of scarce resources, market equilibrium, and market disequilibrium.
Key resources allocation decisions - Establishing that the economic problem creates three key questions about determining resource allocation. – What to produce, how, and for whom. -
Introduction to the price mechanism - How the price mechanism provides answers to these key allocation questions.
NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.