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Lesson Plan Basic Economic Decision of Agents

This lesson plan is for a Form 4 economics class on the nature of economics and the factors that influence the economic decisions of households, firms, and governments. The lesson will begin with a video on Joseph in Egypt and discuss the economic system and decisions made. Students will then identify and explain the main economic agents and what influences their choices through think-pair-share activities and direct instruction. The teacher will provide a lesson summary and assign a homework review question from past CSEC exams.

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Kerwin Alexander
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177 views5 pages

Lesson Plan Basic Economic Decision of Agents

This lesson plan is for a Form 4 economics class on the nature of economics and the factors that influence the economic decisions of households, firms, and governments. The lesson will begin with a video on Joseph in Egypt and discuss the economic system and decisions made. Students will then identify and explain the main economic agents and what influences their choices through think-pair-share activities and direct instruction. The teacher will provide a lesson summary and assign a homework review question from past CSEC exams.

Uploaded by

Kerwin Alexander
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Lesson Plan 2

Date: October 30th 2018 Number in Class: 25 Boys _ Girls __

Curriculum Area: Economics Number Present: 12 Boys __ Girls __

Subject: Economics Average Age: 15 Average Range: _______________

Topic: Nature of Economics: Economic Agents and Influences on their Economic Choices

Duration of Lesson _40 Mins_ Class: Form 4s

PREVIOUS KNOWLEDGE AND EXPERIENCE

Student Can:

1. Define the term “economics

2. List and Explain the branches of economics

3. Explain the meaning of an economy;

4. List the Three Types of Economy

OBJECTIVES:

1. Describe the main factors that affect the decisions made by economic agents:

a. Households

b. Firms

c. Government

INTEGRATION OF FAITH & LEARNING OBJECTIVES(S):

Recognize that in the story of Joseph each of the economic actors had to decide what would influence their

economic decision – Joseph and Egypt (to produce and store up; Joseph’s brothers and father to travel to buy

food in Egypt at any cost.


ESSENTIAL QUESTION(S)

1. Why do different economic agents/actors make the economic decisions they do?

NEW VOCABULARY:

1. Bandwagon Effect

2. Industrial Zone

TEACHING AIDS/RESOURCES:

 Video

 PowerPoint

 Random Call Cards

USE OF ICT:

 Videos

 PowerPoint

 Online Newspaper

DIFFERENTIATED STRATEGIES:

 Videos (Audio-Visual)

 PowerPoint

 Direct Instruction

LESSON INTRODUCTION/SET INDUCTION:

Viewing of short animation of Joseph in Egypt from slave to saviour.

https://www.youtube.com/watch?v=0SCAXrEmRRA
SKILLS
DEVELOPMENT METHOD Content

TEACHER’S STRATEGIES PUPILS’ ACTIVITIES


 Set Set-Induction: Viewing of short Pupils observe, listen and
Induction animation of Joseph in Egypt from looks attentively
slave to saviour.

 Random Teacher uses RC and asks Students gives responses


students… What economic system explaining a command

Economic Agents and Influences on Economic Decision as per the same


Call
existed in Biblical Egypt as seen economy
question in the intro video? Students state the three
 Essential What economic decisions did economic decisions
Question Joseph has to make and what were and they are listed and
they? properly worded in
Who are the actors/economic economic jargon on the
agents of society? board by teacher
Why do different economic
agents/actors make the economic
decisions they do?
 Scaffolding/ Teacher ask students to think-pair Student think-pair and
Probing and then share – Ques then share
1. “Beside the government, who
Question else make economic decisions in
 Think-Pair- an economy?”
Share 2. What influences those
decisions?
Prior LearningGuided QuestionsDirect Instruction

Teacher gives notes on the three Students give responses


main economic agents after and take note of the three
probing students to identify the main economic agents
same (note that most students and what factors influence

would know this stuff just not in their economic decisions


the economic terms) so we can
build on their prior knowledge
Teacher probes and gives formal
notes on what influences the
economic decision of the three
economic agents and
 
 Summary 1. Teacher summarizes main Students gives feedback
points of the lessons – or asks for clarification
 Homework
2. Gives review assignment for
Home Work (CSEC past paper Student take note of
question) homework

CLOSURE:

Lesson summary; ask students to think about what influences their economic decisions and how they feel about

these influences. Assign homework

EVALUATION:

Assign homework

CONTINUATION:

For the following lesson we would recap and correct homework


LESSON:

APPRAISAL: _________________________________________________________________

__________________________________________________________________________________________

__________________________________________________________________

CHECKED BY PRINCIPAL: _____________________________ DATE: ___________

COMMENTS: ________________________________________________________________

__________________________________________________________________________________________

__________________________________________________________________

__________________________________________________________________________________________

__________________________________________________________________

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