Price elasticity of supply PES ppt IGCSE Economics

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.
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1. Duplicate the file. Delete the answers to the activities in one file and share to students before or during the class.
2. Project the file. Teach and / or discuss the content within 5 to 15 minutes of lesson time.
3. Let students work on the activities provided.
4. Watch and guide them individually or collectively as the needs arise, such that they
   understand and do the needful.
5. 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.