At the end of the lesson, students should be able to: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. ‘Class Activities’ and Solutions
At the end of the lesson, students should be able to:
Define absolute and relative poverty - The difference between the two terms. The causes of poverty - The causes of poverty including unemployment, low wages, illness and age. Policies to alleviate poverty and redistribute income
Identify and evaluate differences in economic development between countries. - Causes and impacts of differences in income; productivity; population growth; size of primary, secondary and tertiary sectors; saving and investment; education; and healthcare.
‘Class Activity’ ‘Multiple Choice Questions’ with Answers
At the end of the lesson, students should be able to:
Define foreign exchange rate - Floating and fixed systems. Determine foreign exchange rate in exchange market - by the demand for and supply of a currency in the exchange market and determine the equilibrium foreign exchange rate. Causes of 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 exchange rate fluctuations - effects of 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 exchange rate and a fixed foreign exchange rate system. ‘Class Activities with Answers.’
At the end of the lesson, students should be able toDefine globalization. Identify the role of multinational companies MNCs and the costs and benefits to their host and home countries. Identify and explain the benefits of free trade - the benefits for consumers, producers and the economy in a variety of countries. Methods of protection - tariffs, import quotas, subsidies and embargoes. Reasons for protection - Including infant industry, declining industry, strategic industry and avoidance of dumping. Consequences of protection - Effectiveness of protection and its impact on the home country and its trading partners.
‘Debate topic.’ ‘Class Activities’ with ‘Answers.’
At the end of the lesson, students should be able to:
Define inflation and deflation. - Measure inflation and deflation using the Retail Prices Index (RPI). Explain - causes of inflation: demand-pull and cost-push. Causes of deflation: demand-side and supply-side. Consequences of inflation and deflation - for consumers, workers, savers, lenders, firms and the economy as a whole. Range of policies to control inflation and deflation and how effective they might be.
‘Class Activities’ & ‘Multiple Choice Questions’ with Answers.
At the end of the lesson students should be able:Identify and explain the factors that affect population growth - Birth rate, death rate, net migration, immigration and emigration. Identify and explain the reasons for different rates of population growth in different countries - How and why birth rates, death rates and net migration vary between countries. The effects of changes in the size and structure of population on different countries - The concept of an optimum population. The effects of increases and decreases in population size and changes in the age and gender distribution of population. Note: Interpretation of a population pyramid is required. Drawing is not.‘Class Activity - debate / points.’ ‘Multiple Choice Questions / Answers.’
This resource explains what inflation and deflation means. It describes how to measure inflation and deflation, types of inflation and how to measure. It explains how to measure RPI and CPI. It explains the causes of inflation, presents graphic illustrations and diagrams, graphs and others to make it easy to understand. Contains interactive questions and answers. Prepared for IGCSE Economics.
The resource is made for Economics and Sociology. The resource explains the concept of globalization.It explains the origin and its effect on society , economy and the positive and negative changes it brings. The resource explains the difficulty / challenges encountered in the global system and how it transforms the society.It explains how the concept affects politics and culture, and communication as the driving force of globalization and more.
This resource explains the meaning of Monetary policy in Economics. The resource is prepared for IGCSE Economics and Business Studies . It contains illustrations and interactive questions. It explains Monetary supply measures and uses of monetary measures.etc.
This resource explains what monopoly means. The resource also uses examples to describe how monopoly is created in Economics. The resource is prepared for Economics students. It uses illustrations to explain the topic. It explains the advantage and disadvantage of monopoly, the characteristics and what constitute Perfect Market.
This resource explains Specialization in Economics. It shows the importance of specialization and the advantages , disadvantages . Contains interactive questions.
This resource explains the meaning of Trade Unions and the methods they use. It explains the roles of trade unions and their advantages, disadvantages in government activities.
This resource explains different choices, decisions and factors that determines business locations.It explains various factors that that are considered in the localization of manufacturing industry. Prepared for Business Studies IGCSE. Contains case study on business location. It also looks at international factors/ reasons that are considered in overseas business location.
This resource is prepared for teachers foe Economics Lesson on Firm’s Plan and Revenue Objectives. Contains Lesson Objectives and step by step methods of lesson delivery.
This resource is prepared for Economics . It is a Power Point resource on Fiscal Policy. It covers different areas such as budget, national debt, taxation, types and categories of taxation. government spending and national debt , as well as public sector finance.It contains illustrations and interactive questions and tests, for effective teaching and learning
The resource explains Economic Growth. It is a power Point resource, prepared for Economics lesson.It explains the meaning of Economic growth, the benefits and problems of Economic Growth. the resource shows government policies to promote economic growth, national income and circular flow of expenditure, in terms of output,income and expenditure.
This resource is a power point lesson on organizational structure and the role of management. It explains the meaning of organizational structure, the importance, the span of control and command. It explains coordination and importance of delegation. I t shows the roles of line managers and staff managers and organization chart.
This resource explains is made for Economics KS4. The resource explains the meaning of Price Elasticity of Demand and supply. The resource contains illustrations, graphs, classwork and interactive questions.