Subject: ECONOMICS

Lesson title/topic WEEK 6 2nd contact causes and control of Date 15, February 2024 Location Stober
inflation

Learner group Year 11 Duration 30 minutes Group 22

size

Lesson Aim To teach causes and control of inflation

By the end of the lesson, students should be able to :
Learning objectives
i. Discuss the consequences of inflation
ii. Discuss the effectiveness of policies available to control inflation

Lesson focus/success criteria i. I can explain the consequences of inflation on : consumers, businessmen, creditors and debtors
ii. I can identify and explain government policies to cope inflation
Key words/phrases Cost-push inflation, demand-pull inflation, wage-price spiral, monetary and fiscal policy.

Prior knowledge / previous Students have experience a rise in prices of goods and services in recent time especially fuel and its effects on
learning transportation and prices of goods in the market.

Time Topic content and teacher Learner activity Formative assessment Learning materials and resources
activity

How are you explaining and What are the learners doing to How do you plan to assess What resources will you use that will
illustrating the topic? Clarify help them progress? include any learning as it is happening? support the teaching, learning and
any possible misconception plan for differentiation assessment activities?

INTRODUCING THE LESSON/STARTER/PRE READING-ASSESSMENT

5 The teacher give student’s Student’s response by sharing their open ended question
minutes opportunity to share their opinions experiences to the whole class.
 Time Topic content and teacher Learner activity Formative assessment Learning materials and resources
activity

How are you explaining and What are the learners doing to How do you plan to assess What resources will you use that will
illustrating the topic? Clarify help them progress? include any learning as it is happening? support the teaching, learning and
any possible misconception plan for differentiation assessment activities?

and experience government

decision on fuel subsidies and its
effects on transportation and prices
of goods in the market.

MAIN TEACHING ACTIVITIES

15 Teacher projects an article about Students reads the extract and open ended question Slide, video, picture, and government
minutes causes of inflation and government highlight the causes of inflation in publications.
efforts to control inflation their notes books and identify
government policies to cope
inflation.
10 Teacher groups the students to Students summarise the main open ended video and slides
minutes analyse the government policies to government policies to manage
cope inflation inflation.

EVALUATION

5 1. Discuss whether or not workers suffer as a result of inflation

minutes 2. Discuss the policies measures that can be used to cope inflation
 Time Topic content and teacher Learner activity Formative assessment Learning materials and resources
activity

How are you explaining and What are the learners doing to How do you plan to assess What resources will you use that will
illustrating the topic? Clarify help them progress? include any learning as it is happening? support the teaching, learning and
any possible misconception plan for differentiation assessment activities?

PLENARY, REFLECTION AND ASSESSMENT

5 Teacher summarises the key points Students summarises the key points
minutes of the lesson taught. Teacher also of the lesson taught in their notes
clarify any misconception in the books and ask question where they
course of class discussion. are not clear.

HOMEWORK
China‘s inflation rose to 2% in 2016 from 1.4% in 2015. The price level was driven up mainly by rising energy prices, transport prices and wages. Economists
were forecasting that wages would rise by 4.7% point above inflation in 2017 and that if inflation were to rise even higher, it could have a harmful effects on the
country’s exports and savings.
1. Identify and discuss policy measures that Chinese government can use to cope inflation
2. Explain any 4 causes of inflation.
3. Explain one other cost imposed by inflation on an economy.
PRE-READING ASSIGNMENT
Pre-read on: Deflation: meaning, causes and consequences
Reflect and identify aspects of the lesson you think helped make it inclusive.

Lesson Evaluation: Reflect and briefly identify what you think went well and what you would like to improve in future practice.