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: 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.
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: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: 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.
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.
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.
Lesson Plan
Topic: Market research,. Methods used and Sampling. Lesson Plan IGCSE Business Studies- ‘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 role of market research and methods used: •• Market-orientated businesses (uses of market research information to a business) •• Primary research and secondary research (benefits and limitations of each) •• Methods of primary research, e.g. postal questionnaire, online survey, interviews, focus groups •• The need for sampling •• Methods of secondary research, e.g. online, accessing government sources, paying for commercial market research reports •• Factors influencing the accuracy of market research data. Presentation and use of market research results: •• Analyse market research data shown in the form of graphs, charts and diagrams; draw simple conclusions from such data.
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: Marketing mix Place - ‘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 Place – distribution channels: •• Advantages and disadvantages of different channels, e.g. use of wholesalers, retailers or direct to consumers •• Recommend and justify an appropriate distribution channel 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 by adjusting up the objectives, Plenary and lesson starter etc.
Whole Lesson:
A whole lesson on this topic as stated. It is all you need to teach on this topic for IGCSE Business Studies syllabus 2017 - 2019. It is good for Teaching and Students’ note taking and class works.
Lesson Objectives:
At the end of the lesson, students should be able to:
explain why businesses hold inventories (stocks)
explain the concept of lean production; how to achieve it, e.g. Kaizen, Just-in-time inventory control and Cell production.
benefits of lean production.
Do the **Class Activity and Exam Practice Questions.
Current account of balance of payments Part 1
Economics Work Sheet IGCSE Economics 0455 syllabus for 2020, 2021 and 2022.
Content: 6.4 Current account of balance of payments
The components of the current account of the balance of payments. Calculation of deficits and surpluses on the current account of the balance of payments and its component sections.
A complete lesson in keeping with the current IGCSE syllabus. It covers fully the ** Business Location and Relocation Decisions IGCSE Business Studies **. You will be able to engage your students, relax and simply guide them as they work and learn.
Lesson Objectives;
At the completion of this lesson, all students, should be able to:
4.4.1 identify and explain the main factors influencing the location and relocation decisions of a business:
• Factors relevant to the location decision of manufacturing businesses and service businesses.
• Factors that a business could consider when deciding which country to locate operations in.
• The role of legal controls on location decisions
• Recommend and justify an appropriate location for a business in given circumstances.
Lesson Plan
Topic: Achieving quality production ‘MS word doc’
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 why quality is important and how quality production might be achieved.
What quality means and why it is important for all businesses. The concept of quality control and how businesses implement quality control. The concept of quality assurance and how it can be implemented.
NB: You can add your school name, and logo on top, you own name, date, 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: Business and the international economy- ‘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;
The importance of Globalisation: •• The concept of Globalisation and the reasons for it.
•• Opportunities and threats of Globalisation for businesses.
•• Why governments might introduce import tariffs and import quotas.
Reasons for the importance and growth of multinational companies (MNCs):
•• Benefits to a business of becoming a multinational and the impact on its stakeholders.
•• Potential benefits to a country and/or economy where a MNC is located, e.g. jobs, exports,
increased choice, investment •• Potential drawbacks to a country and/or economy where a MNC is located, e.g. reduced sales of local businesses, repatriation of profits
The impact of exchange rate changes: •• Depreciation and appreciation of an exchange
Rate •• How exchange rate changes can affect businesses as importers and exporters of products, e.g. prices, competitiveness, profitability (exchange rate calculations 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 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: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: 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: 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: - 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.