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ED350 - Economic
Introduction
Economic is a social science that study how human being used their scarce resource to satisfy their need and unlimited wants. In the school I
teach used the Cambridge International General Certificate of Secondary Education (IGCSE) for form 5 and form 6. In this syllabus contain six
section including microeconomic and macroeconomic topics. The Cambridge IGCSE Economics curriculum promotes an understanding of
economic theory, terms, and concepts. Students examine the economies of other nations and their relationships with one another. They will learn
how to deal with basic economic facts and utilize economic analysis tools. Students can apply their economics knowledge to current economic
problems. This syllabus offers a foundation for students to explore their understanding to different part of the world.
In this paper will create a unit of plan for sixth former in one term, include the plan how to develop a literacy, numeracy and incorporate with
ICTs. In each lesson of the unit plan will identify the learning goal, topics, teacher strategy, resource include textbook and other reading, and the
different assessment that I am going to assess my sixth former. Additionally, will include a lesson plan for a one selected topic that going to
cover by Form six, then justify the decision made in preparing unit of work in related to references. Moreover, the E-portfolio will discuss the
evaluation and improvement the preparation of unit of work, feedbacks from students and the feedbacks that I am going to give to my students,
and how to improve my teaching program.
2
SCHEME OF WORK/TERM PLAN/UNIT OF WORK
TERM: 2 SUBJECT AREA: Economic FORM: 6
TOTAL WEEKS PER TERM: 13 DURATION OF EACH LESSON (mins): 40 TOTAL NUMBER OF LESSON/ PER WEEK: 3
PEDAGOGICAL
WEEK TOPIC SUB-TOPIC LEARNING OUTCOMES CONTENT/DEVELOPMENT/AREA ASSESSMENT
APPROACHES
1 2. The 2.1.1: Microeconomic Explain the difference between Two Branch of Economic Individual activity Classroom based
allocation and macroeconomic microeconomics and Microeconomic activity
of macroeconomic Macroeconomic
resources Which decision makers involved Decision maker in these
in each two branches of economic
2.2.1: The role of Describe the three-market system Economic system Notes and example Take home
markets in allocation Market economy based on the activity
resources Planned economy textbooks
Mixed economy
2 2.2.2: Key resources Explain how a market system Allocation of Scarce resources
allocation decisions works and the allocation of scarce Buyers Short tour to the
resources Sellers market that Report activity for
Establishing that the economic Basic Economic Question available in the the touring to the
problem creates three key basic What to produce? country market in the
economic question How to produce? country
For whom to produce?
2.2.3: Introduction to Evaluate the merits of the market Price mechanism Group activities End of sub topic
the price mechanism system Decision making by test
buyers and seller
3-4 2.3: Demand and Demonstrate the principle of Definition Use real example Pair activity
Supply equilibrium price Demand that most people
Analyze simple market situations Supply are demand and
with changes in demand and Market Situation supply more.
supply Determinants Demand Use ICT in the
Describe the causes of changes Determinants Supply classroom to play a Write a short
in demand and supply condition Graphical situation video about on the
3
PEDAGOGICAL
WEEK TOPIC SUB-TOPIC LEARNING OUTCOMES CONTENT/DEVELOPMENT/AREA ASSESSMENT
APPROACHES
Analyze such changes to show Causes of changes in demand of people report on how
effect in the market demand and supply curve to electronic device ICT affected their
Price determination and how producer learning demand
Market equilibrium supply those goods.
Market disequilibrium
Excess demand and Sub topic Test
Excess supply
5 2.4: Price elasticity of Define price elasticity od demand Price Elasticity of Demand Lecturing and Group
demand (PED) Perform a simple calculation of Definition modelling presentation on
Price elasticity of Demand Calculation Pair and group work calculation of
price elasticity of
demand
6 Determinants of Price elasticity of Determinants
Demand (PED) Price elasticity of demand Lecturing and Individual
Price elasticity od demand and Calculation modelling calculation sheet
total spending on a Total spending and total Pair and group work of Price elasticity
product/revenue revenue Use ICT in the of demand
Significance classroom
Significance of PED Price elasticity of demand End of sub topic
test
7 Define price elasticity supply Price Elasticity of Supply Lecturing and Pair presentation
Perform a simple calculation of Definition modelling on calculation of
Price elasticity of supply Calculation Pair and group work price elasticity of
supply
8 Determinants of Price elasticity of Determinants
Supply (PES) Price elasticity of supply Lecturing and Individual
Calculation modelling calculation sheet
Significance of PES Significance Pair and group work of Price elasticity
Price elasticity of supply Use ICT in the of demand
classroom
Topic test
4
PEDAGOGICAL
WEEK TOPIC SUB-TOPIC LEARNING OUTCOMES CONTENT/DEVELOPMENT/AREA ASSESSMENT
APPROACHES
9 2.5: Market Failure Describe the concept of Market Definition Lecturing and
Failure Market Failure modelling
Explain the reason for the cause Cause of market failure Use ICT in the
of market failure Consumption and classroom
Production
10 Define private and social costs Definition Lecturing and Group activity
and benefits Private cost modelling Group
Discuss conflict of interest in Social cost Use ICT in the presentation
relation to these cost in a short Benefits classroom
term and long term through Conflict of interest Classroom debate
Conserving resources vs. Conserving resources vs. on conflict of
using resources using resources interest
Public expenditure vs. Public expenditure vs. Sub Topic test
private expenditure private expenditure