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# Lesson plan Term 2

## Theme 11.2B: Elasticity of supply and demand/

School:

Date:

Teacher name:

Periods:

P Masoes
CLASS:
Learning objectives/

Lesson objectives/

Language objective/

Number present:

absent:

## Understand the nature of demand elasticity

Apply the formula to calculate coefficients of elasticity

## Understand what the word elasticity might mean

Consider how demand responds to a price change and why
this can be important.
Provide a formal definition of price elasticity of demand
To analyse the potential impact on their sales and their future
pricing strategy.
Applying the formulas for price elasticity to examples
Grasp the significance of these coefficients and the three
limiting cases
Learners can explain the terms price as a rationing device
Describe the key concepts of elasticity, using appropriate terminology.
Subject-specific vocabulary and terminology:
price elasticity of demand,
arc elasticity
Useful sets(s) of phrases for dialogue and writing:
Price elasticity of demand can be used to examine the effect of a price
change on a firms total revenue.

Previous learning

Plan
Planned
timings

Planned activities

Resources

Beginning

Starter

Whiteboard

0 10 minutes

TP

## Video: Use also video to introduce and explain new topic.

Provide the formulas for price elasticity of demand. Both
methods (percentage/proportional) should be demonstrated.

Middle

20 - 25 minutes

## Provide Worksheet with activities on Interactive

whiteboard. Provide a worked example, using both
numerical and graphical approach.
Learners individually complete activities.

TP handouts
OR Interactive
whiteboard

WHOLE CLASS
Critically analyse how demand responds to a price change
and why this can be important for business, and provide
examples in Kazakahstan context

End
5 10 minutes

TP worksheets

## Re-emphasise work done using revision quiz

Differentiation how do you
plan to give more support?
How do you plan to challenge
the more able learners?
provided, with different degrees of
difficulty, for learners who find
these concepts challenging / easy
to grasp.
less confident learners
Learners who find these concepts
easy to grasp may be given an
elasticity and a firms profits. This
would also provide a good link to
material which will be covered in
unit 11.3B.

## Assessment how are you

planning to check students
learning?

Health and safety check

## research homework assignment

opportunities to demonstrate

will be given.

## understanding through group

work.
Opportunity at the end of the
class for learners to show the
teacher how difficult they have
found the class content using
the traffic light approach.

## Learners who find these ideas

easy to grasp could be asked to
lead the class discussion for a
particular factor.
.
Reflection
Use the space below to reflect on your lesson. Answer the most relevant
Were the lesson
objectives/learning
objectives realistic?
What did the
learners learn
today? What was the
learning atmosphere
like? Did my planned
differentiation work
well? Did I stick to
timings? What
changes did I make
from my plan and
why?
Summary evaluation
What two things went really well (consider both teaching and learning)?
1:
2:
What two things would have improved the lesson (consider both teaching and learning)?
1:
2:
What have I learned from this lesson about the class or individuals that will inform my next
lesson?