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.
Lesson Plan
Topic: Living standards 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;
State and describe indicators of living standards; Real GDP per head and the Human Development Index (HDI). The components of real GDP and HDI. The advantages and
disadvantages of real GDP and HDI. Comparing living standards and income
Distribution; Reasons for differences in living standards and income distribution within and between countries.
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’ Costs, Revenue and Objectives 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 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.
Calculation of costs of production - TC, ATC, FC, VC, AFC and AVC. Definition, drawing and interpretation of diagrams that show how changes in output affect costs of production.
Definition of revenue - Total revenue (TR) and average revenue (AR). Note: marginal revenue is not required. Calculation of TR and AR.
Objectives of firms - The influence of sales on revenue. Survival, social welfare, profit maximisation and 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: Market Failure 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 market failure - 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: demand and supply diagrams relating to market failure are not required.
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: Market Economic Systems 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 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.
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: Factors of Production 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;
Identify and define the factors of production and their rewards - Give examples of land, labour, capital and enterprise and the nature of each factor of production.
Mobility of the factors of production - The influences on the mobility of the various factors. Quantity and quality of the factors of production - The causes of changes in the quantity and quality of the various factors.
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: International specialisation 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;
Specialisation at a national level - The basis for Specialisation at national level in broad terms of: superior resource allocation and/or cheaper production methods. Advantages and disadvantages of specialization at a national level - For consumers, firms and the economy.
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.
Topic:Microeconomic Decision Makers - Households 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 the influences on spending, saving and borrowing Including income, the rate of interest and confidence – between different households and over time.
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: Money and Banking 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 money, the forms, functions and characteristics of money.
Banking - The role and importance of central banks and commercial banks for government, producers and consumers.
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: Supply-side policy Supply-side policy 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 supply-side policy. describe supply-side policy measures and. effects of supply-side policy measures on government macroeconomic aims
NB: You can add your school 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 OBJECTIVE: are shared with the student for awareness and expectation of lesson outcome.
At the end of the lesson, the students will 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.
Topic: Price Determination 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 market equilibrium, draw and interpret demand and supply schedules and curves used to establish equilibrium price and sales in a market.
Define market disequilibrium - draw and interpret demand and supply schedules and curves used to identify disequilibrium prices and shortages (demand exceeding supply) and surpluses (supply exceeding demand).
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.
Market economic system ‘ppt’ complete lesson + Lesson Plan Bundle:
Define market - Including the roles of the private sector (firms and consumers) and the public sector in a market economy. Advantages and disadvantages of the market economic system - how it works in a variety of different countries. Class Activities and Answers, etc.
Lesson Plan
Topic: Market Economic Systems Lesson Plan ‘MS word doc.’ IGCSE 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;
Define mixed economic system, draw and interpret 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. Definition 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.
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: Price Changes 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 competitive markets. 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.
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.
Money - The forms, functions
and characteristics. Banking - The role and importance of central banks and commercial banks for government, producers and consumers. Stock Exchange - The functions, role in an economy and types of stocks. Plus Lesson Plan.
Money supply and monetary policy measures. Changes in interest rates, money supply and foreign exchange rates. Effects of monetary policy - How monetary policy measures may enable the government to achieve its macroeconomic aims. Supply -side policy measures - Examples include education and training, labour market reforms, lower direct taxes, deregulation, improving incentives to work and invest, and privatisation.
Effects of supply-side policy measures - How supply-side policy measures may enable the government to achieve its macroeconomic aims. ‘Class Activity’ and Multiple Choice Questions with ‘Answers.’ + Lesson plan on monetary policy
Floating and fixed systems definitions, Advantages and disadvantages. Equilibrium exchange rate determination. Causes and consequences of exchange rate fluctuations and examples, + Exchange rate Lesson Plan.
Lesson Plan
Topic: Public 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 Public limited companies, its main features, advantages and disadvantages. •• Concepts of risk, ownership and limited liability •• Recommend and justify a Public limited companies to owners/management in a given situation.
NB: Add your school’s name, and logo on top, your name, date, and class year, term and week, etc.
• Define Competitive markets - Explain the effect of having a high number of firms on price, quality, choice, profit.
• Define Monopoly markets - Explain the characteristics, advantages and disadvantages of monopoly. Plus the Lesson Plan.
• ‘Class Activities’ ‘Multiple Choice Questions’ with Answers.