Subject: ECONOMICS

Lesson title/topic WEEK 7 2nd contact control of deflation Date 26, February 2024 Location Stober

Learner group Year 11 Duration 30 minutes Group 22

size

Lesson Aim To teach control of deflation and possible policy conflicts

By the end of the lesson, students should be able to :
Learning objectives
i. Discuss the effectiveness of policies available to cope deflation
ii. Explain the possible policy conflict of deflation.

Lesson focus/success criteria i. I can identify and explain the policy adapted to control deflation
ii. Explain the possible policy conflict adapted to control deflation.
Key words/phrases supply-side policy, fiscal policy, aggregate demand.

Prior knowledge / previous Students have experience times when price of goods and services are low and compare to present time.
learning

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 ask students to Student’s response by sharing their open ended question
minutes discuss how best they feel opinions with their classmates.
 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?

government can handle deflation

MAIN TEACHING ACTIVITIES

15 Teacher projects an article about Students highlight the policies open ended question Slide, video, picture, and government
minutes deflation in a country and ask measures to cope deflation in their publications.
students to read and summarises text books and summary in their
how the government cope notes books.
deflation in their notes books.
10minut Teacher ask the students to analyse Students discuss in their groups the open ended video and slides
es the possible conflicts in addressing possible policy conflict in
the deflation problem. addressing deflation and jot it down
in their notes books.

EVALUATION

5 Greece experience deflation over most of the period 2013-16. During this time, wages and pension were cut and the economy experienced a recession.
minutes Some economist warned that the cut in wages could result in a long run deflation.
a. Identify and explain any 2 measures that might be used to cope deflation
b. What are some of the policy conflict associated with government attempt to solve deflation?
 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
Greece experience deflation over most of the period 2013-16. During this time, wages and pension were cut and the economy experienced a recession. Some
economist warned that the cut in wages could result in a long run deflation.
a. What are the policy measures that the government of Greece can use to cope deflation?
b. What are the some of the possible policy conflict?
PRE-READING ASSIGNMENT
Pre-read on: Deflation: policies to cope deflation what are the possible policy conflict associated with control of deflation
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.