Lesson Plan Topic: Role of government and the Macroeconomic aims 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 explain the macroeconomic aims of government. Possible conflicts between 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 Plan Topic:The Nature of the Economic Problem and 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; Describe finite resources and unlimited wants - Definition and examples of the economic problem in the contexts of: consumers; workers; producers; and governments. Economic and free goods. The difference between economic goods and free goods. Definitions of the factors of production and their rewards - Definitions and examples of land, labour, capital and enterprise. Examples of 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 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: Differences in economic development between countries 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 economic development, explain the differences in economic development between countries - Causes and impacts of differences in income; productivity; population growth; size of primary, secondary and tertiary sectors; saving and investment; education; and healthcare. 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:Inflation and deflation 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 inflation and deflation. Measurement of inflation and deflation using the Consumer Prices Index (CPI). Causes of inflation and deflation - Causes of inflation: demand-pull and cost-push. Causes of deflation: demand-side and supply-side. Consequences of inflation and deflation - The consequences of inflation and deflation for consumers, workers, savers, lenders, firms and the economy as a whole. Policies to control inflation and deflation. The range of policies available to control inflation and deflation 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:Population 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 factors that affect population growth. Reasons for different rates of population growth in different countries. The effects of changes in the size and structure of population on different countries. 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 Plan Topic: Poverty 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 poverty, and absolute and relative poverty; Give the difference between the two terms. The causes of poverty; The causes of poverty including unemployment, low wages, illness and age. Policies to alleviate poverty and redistribute income; Policies including those promoting economic growth, improved education, more generous state benefits, progressive taxation, and national minimum wage. 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 Plan Topic: Demand 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 demand draw and interpret appropriate diagrams. Price and demand - A demand curve to be drawn and used 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. 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: 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.

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: The Role of Governments Macroeconomic Aims policies & the Conflicts 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; - Identify and explain the macroeconomic aims of government. Reasons behind the choice of aims and the criteria that governments set for each aim. Possible conflicts between macroeconomic aims. NB: 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: BUSINESS STUDIES Year 11 Papers 1 and 2 IGCSE Exams Questions and Answers ‘MS Word’ Option B. This document is prepared based on the current Cambridge IGCSE Business Studies 0450 syllabus Subject content. It is intended for testing year 11 final or mock exams. It can be moderated for your school examinations to suit your purpose for the two IGCSE Papers. You may also use it for year 10 exams by downsizing it to match your topics coverage.

Lesson Plan Topic: Mixed 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: 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: Foreign exchange 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 foreign exchange rate - Floating and fixed systems. Explain the determination of foreign exchange rate in foreign exchange market - The demand for and supply of a currency in the foreign exchange market and the determination of the equilibrium foreign exchange rate. Causes of foreign 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 foreign exchange rate fluctuations - The effects of foreign 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 foreign exchange rate and a fixed foreign exchange rate system. 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 Plan Topic:Market Structure 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 - describe the effect of having a high number of firms on price, quality, choice, profit. Note: the theory of perfect and imperfect competition and diagrams are not required. Describe monopoly markets – describe the characteristics, advantages and disadvantages of monopoly. Note: diagrams are not required. 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.