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: Sole Trader 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 the Sole Trader business and the main features of Sole Trader business: •• Differentiate between unincorporated businesses and limited companies •• Explain the concepts of risk, ownership and limited liability of Sole Trader •• Recommend and justify a Sole Trader business organisation 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: Location decisions - ‘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; •• 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. 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: Cash-flow forecasting and working capital - ‘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 importance of cash and of cash-flow forecasting: •• Why cash is important to a business. •• What a cash-flow forecast is, how a simple one is constructed and the importance of it. •• Amend or complete a simple cash-flow forecast •• How to interpret a simple cash-flow forecast. •• How a short-term cash-flow problem might be overcome, e.g. increasing loans, delaying payments, asking debtors to pay more quickly. Working capital: •• The concept and importance of working capital. 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: Analysis of accounts - ‘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 concept and importance of profitability. Liquidity: •• The concept and importance of liquidity. How to interpret the financial performance of a business by calculating and analyzing profitability ratios and liquidity ratios: •• Gross profit margin •• Profit margin •• Return on Capital Employed •• Current ratio •• Acid test ratio. Why and how accounts are used: •• Needs of different users of accounts and ratio analysis •• How users of accounts and ratio results might use information to help make decisions, e.g. whether or not to lend or invest in the business

Lesson Plan Topic: Environmental Concerns and ethical issues - ‘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 environmental concerns and ethical issues as both opportunities and constraints for businesses. •• How business activity can impact on the environment, e.g. global warming. •• The concept of externalities: possible external costs and external benefits of business decisions. •• Sustainable development; how business activity can contribute to this. •• How and why business might respond to environmental pressures and opportunities, e.g. pressure groups •• The role of legal controls over business activity affecting the environment, e.g. pollution controls •• Ethical issues a business might face: conflicts between profits and ethics •• How business might react and respond to ethical issues, e.g. child labour. 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: 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.

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.

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: 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: - 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: 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: 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: 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.

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.