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: Achieving quality production - ‘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 Price: •• identify the Pricing methods (benefits and limitations of different methods), e.g. cost plus, competitive, penetration, skimming, and promotional •• Recommend and justify an appropriate pricing method in given circumstances •• Understand the significance of price elasticity: difference between price elastic demand and price inelastic demand; importance of the
concept in pricing decisions (knowledge of the formula and calculations of PED 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.
Complete Lesson.
Price Determination * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should 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).
Topic: Money and Banking 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 money, the forms, functions and characteristics of money.
Banking - The role and importance of central banks and commercial banks for government, producers and consumers.
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: Supply 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 - drawing and interpretation of appropriate diagrams. Price and supply - A supply curve to be drawn and used to illustrate movements along a supply curve with appropriate terminology, for example extensions and contractions in supply.
Individual and market supply - The link between individual and market supply in terms of aggregation. Conditions of supply - The causes of shifts in a supply curve with appropriate terminology, for example increase and decrease in supply
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: Price Elasticity of Demand (PED)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;
LESSON OBJECTIVE: are shared with the student for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to;
Define price elasticity of demand (PED). Calculate PED using the formula and interpret the significance of the result. Draw and interpret demand curve diagrams to show different PED. Determinants of PED -The key influences on whether demand is elastic or inelastic. PED and total spending on a product/revenue -The relationship between PED and total spending on a product/revenue, both in a diagram and as a calculation.
Significance of PED - The implications for decision making by consumers, producers and government
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.
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:
4.1.2 Identify and describe main methods of production: • Explain the features, benefits and limitations of job, batch and flow production • Recommend and justify an appropriate production method for a given situation
• Engage the ‘Work Sheet’ at the end of the presentation.
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 :
• 1.3.2 Identify and explain Methods of measuring business size, e.g. number of people employed, value of output, capital employed (profit is not a method of measuring business size)
• Explain the limitations of methods of measuring business size
• 1.3.3 Identify and explain why the owners of a business may want to expand the business
• Differentiate ways in which businesses can grow
• Problems linked to business growth and how these might be overcome
1.3.4 Identify and explain why some (new or established) businesses fail:
• Identify and explain the causes of business failure, e.g. lack of management skills, changes in the business environment
• Explain why new businesses are at a greater risk of failing
Do the class activities provided with answers at the end of the presentation.
Lesson Plan
Topic: Trade Unions 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 a trade union. Describe the role of trade unions in the economy - Including engaging in collective bargaining on wages, working hours and working conditions; protecting employment; and influencing government policy. Factors influencing the strength of trade unions. Identify and explain the advantages and disadvantages of trade union activity - from the viewpoint of workers, firms and the government.
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: 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: 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: 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: 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.
A whole lesson
*Topic: * Demand ‘ppt’, IGCSE Economics syllabus. *.Engage your students, relax, and simply guide them as they work and learn. 'Class Activities.‘with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Define demand, draw and interpret appropriate diagrams.Draw a price and demand curve and use it 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.Class ‘Activity’ with Abswes.
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:Employment and unemployment 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 employment, unemployment and full employment. Describe the nature and causes of the of changing patterns and level of employment - for example increase in proportion of workers employed in the tertiary sector and formal economy as an economy develops; a greater proportion of women in the labour force due to changes in social attitudes; decline in the proportion employed in the public sector as a country moves towards a market economy. How unemployment is measured – claimant count and labour force survey – and the formula for the unemployment rate. Causes/types of unemployment - Frictional, structural and cyclical unemployment. Consequences of unemployment - The consequences of unemployment for the individual, firms and the economy as a whole. Identify and explain - the range of policies available to reduce unemployment 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.