This lesson plan aims to teach students about market pricing and price control. Students will discuss how market pricing affects economic decision making and how price control impacts market supply and demand. Activities include a game to test knowledge of factual statements about microeconomics, watching educational videos, and group discussions. Students will apply their understanding through a quiz and poster assignment. The goal is for students to understand the connections between market pricing, price control, and economic impacts.
This lesson plan aims to teach students about market pricing and price control. Students will discuss how market pricing affects economic decision making and how price control impacts market supply and demand. Activities include a game to test knowledge of factual statements about microeconomics, watching educational videos, and group discussions. Students will apply their understanding through a quiz and poster assignment. The goal is for students to understand the connections between market pricing, price control, and economic impacts.
This lesson plan aims to teach students about market pricing and price control. Students will discuss how market pricing affects economic decision making and how price control impacts market supply and demand. Activities include a game to test knowledge of factual statements about microeconomics, watching educational videos, and group discussions. Students will apply their understanding through a quiz and poster assignment. The goal is for students to understand the connections between market pricing, price control, and economic impacts.
Academic Senior High-school of the City of Meycauayan
Grade 11 ABM Applied economics I. Objectives: At the end of the discussion, the students are able to: discuss the connection of market pricing in market decision making; justify how our economy handles the country’s price control, demonstrate the importance of price control in the market supply and demand. II. Subject Matter: A. Topic: “Determine the implications of market pricing on Economic decision making” A. Reference: Clayton, G.E. Ph.D. Economics Principles and Practices. United States: Glencoe/McGraw- Hill publishing (1995). B. Materials: Laptop, Mobile Devices III. Procedures A. Routinary Activities: Prayers Greetings Cleanliness and attendance / Classroom Management Review: Using the Inquiry Based Learning there will be a brief recapitulation about the previous topic/ lesson. B. Motivation: Two Truths and a Lie with a Twist The teacher will ask the students to create a two factual statement and one lie presenting two products to represent the market demand and supply. The summation of this 3 statement for every students, will be exchanged with the other students inside the class to test if the students know that there are 2 truthful statements and 1 lie. This statements mainly contains facts and false statements about the micro economics. Whoever students gets the highest point will win the game. C. During the discussion Proper: During the discussion the teacher will present some educational videos in accordance to the topic, to show how market surplus and shortage affects the demands and supply a product and goods. The students will provide their own understanding about the video presented about micro economics. D. Generalization: Think, Pair and Share The students will share their thougts about the certain theme that the teacher will be given. (Ex: How Price control or price ceiling and price floor helps to balance supply and demand of any products, goods and services). E. Evaluation: The teacher will give a short quiz composed of real life scenarios on how market pricing and pricing control affects our economy and citizens. F. Assigment: Create a poster/slogan illustrating their understanding abut the topic “micro economics”