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.

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: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.

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: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: 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 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:Current account of balance of payments 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 structure - The components of the current account of the balance of payments – trade in goods, trade in services, primary income and secondary income. Calculation of deficits and surpluses on the current account of the balance of payments and its component sections. Reasons for deficits and surpluses. Causes of current account deficit and surplus. Consequences of current account deficit and surplus - Impact on GDP, employment, inflation and foreign exchange rate. Policies to achieve balance of payments stability - The range of policies available to achieve balance of payments stability and how effective they might be. 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.

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: conomic issues; Business cycle, Government control, etc. - ‘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 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. 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 adjusting up the objectives, Plenary and lesson starter etc.

Lesson Plan Topic: - Motivating employees Taylor and Herzberg Methods, etc. ‘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; Understand the importance of a well-motivated workforce: •• Why people work and what motivation means •• The benefits of a well-motivated workforce: labour productivity, reduced absenteeism and labour turnover •• The concept of human needs, e.g. Maslow’s hierarchy •• Key motivational theories: Taylor and Herzberg Methods of motivation: •• Financial rewards, e.g. wage, salary, bonus, commission and profit sharing •• Non-financial methods, e.g. job enrichment, job rotation, team working, training, opportunities for promotion/ •• Recommend and justify appropriate method(s) of motivation in given circumstances. 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 adjusting up the objectives, Plenary and lesson starter etc.

Lesson Plan Topic: Organisational charts and The role of management - ‘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; Draw, interpret and understand simple organisational charts: •• Simple hierarchical structures: span of control, levels of hierarchy, chain of command •• Roles and responsibilities of directors, managers, supervisors, other employees in an organization and inter-relationships between them. The role of management: •• Functions of management, e.g. planning, organising, coordinating, commanding and controlling •• Importance of delegation; trust versus control. 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 adjusting up the objectives, Plenary and lesson starter etc.

Lesson Plan Topic: Statement of financial position - ‘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 the main elements of a statement of financial position: •• The main classifications of assets and liabilities, using examples. Interpret a simple statement of financial position and make deductions from it, e.g. how a business is financing its activities and what assets it owns, sale of inventories to raise finance (constructing statements of financial position will not be assessed) 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 adjusting up the objectives, Plenary and lesson starter etc.

Lesson Plan Topic: Production of goods and services - Lean production, etc. ‘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; Explain the meaning of production: •• Managing resources effectively to produce goods and services •• Difference between production and productivity •• Benefits of increasing efficiency and how to increase it, e.g. increasing productivity by automation and technology, improved labour Skills •• Why businesses hold inventories •• The concept of lean production: how to achieve it, e.g. just-in-time inventory control and Kaizen; benefits of lean production The main methods of production: •• Features, benefits and limitations of job, batch and flow production •• Recommend and justify an appropriate production method for a given situation How technology has changed production methods, e.g. using computers in design and Manufacturing. 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 by adjusting up the objectives, Plenary and lesson starter etc.

Lesson Plan Topic: Recruitment, selection and training of employees - ‘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; Explain the Recruitment and selecting employees: •• Recruitment and selection methods. •• Difference between internal recruitment and external recruitment •• Main stages in recruitment and selection of employees •• Recommend and justify who to employ in given circumstances •• Benefits and limitations of part-time employees and full-time employees. The importance of training and the methods of training: •• Importance of training to a business and to employees •• Benefits and limitations of induction training, on-the-job training and off-the-job training Why reducing the size of the workforce might be necessary: •• Difference between dismissal and redundancy with examples •• Understand situations in which downsizing the workforce might be necessary, e.g. automation or reduced demand for products •• Recommend and justify which employees to make redundant in given circumstances. Legal controls over employment issues and their impact on employers and employees. •• Legal controls over employment contracts, unfair dismissal, discrimination, health and safety, legal 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 by adjusting the topics and objectives, Plenary and lesson starter etc.

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: Classification of businesses - ‘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 Business activity in terms of primary, secondary and tertiary sectors: •• Basis of business classification, using examples to illustrate the classification •• Reasons for the changing importance of business classification, e.g. in developed and developing economies. Classify business enterprises between private sector and public sector in a mixed economy. 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 by adjusting up the objectives, Plenary and lesson starter etc.

Lesson Plan Topic: Costs, scale of production and break-even analysis - ‘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, identify and classify costs and classify costs using examples. - Use cost data to help make simple cost-based decisions, - Describe the concepts of economies and diseconomies of scale: with examples. - Construct, complete or amend a simple break-even chart • Interpret a given chart and use it to analyse a situation • Calculate break-even output from given data • Define, calculate and interpret the margin of safety • Use break-even analysis to help make simple decisions, e.g. impact of higher price • Understand the limitations of break-even analysis. 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 by adjusting up the objectives, Plenary and lesson starter etc.

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.