Date Time & Period April P5 and P6 24, 2023 Learning Objectives Lesson Title Revision of demand, supply and price changes No. learners 10 Learning Outcomes Why are learners doing this? Set How will learning be demonstrated? Review student their understanding of graphing fundamentals before progressing to more complex graphing Students will reflect on their knowledge and understanding of supply and demand determinants Students will reinforce their understanding of how the intersection of supply and demand curves determines market equilibrium. Lesson Context / Topic Students will analyze various prompts that are key to shifting either supply or demand Students will collaborate with peers in teams to decide on the shifter and direction Students will draw the a complete supply and demand graph with shift in either curve Students will illustrate how changes in demand or supply will affect the equilibrium price and quantity. Subject-specific information Reference to Medium Term Plan / Scheme of Work as appropriate; links to prior / future learning Charpter 7 Demand ; Charpter 8: Supply; Charpter 10: Price Changes Focus for lesson Review the determinants of supply and demand Time Task (real time) Teacher activity Warmup (20min): Collaborative Four Square Activity (Think-Pair-Share) Teacher will pair students togther and distribute the four square review sheet Teacher will explain how the review sheet Teacehr will take up any questions students may have before starting the activity Understanding the specific shifters (determinants) for supply and demand Specific learner needs Key terminology EAL students who may require teacher support with understanding some vocabulary in the acitivty prompts and grammar support for verbal presentation Feedback to be given Supply,Demand,Equilibrum,Consumers,Producers, complements, substitues, tax, subsidies Differentiation Learner activity - Students will answer the review sheets (demand and supply) with their notes Students can receive support from their partner - - Teacher will check student understanding through verbal questioning and observation Teacher will take up the answers on the whiteboard - Teacher will strategically pair students so that those who require more support are with academically stronger students. - Teacher will review the answers as a class discussion Activity 1 (40min) Collaborative Econ Prompt Review Teacher will divide students into groups of four Teacher will explain the review activity Teacher will provide prompts and products to each group (ex: Dark Chocolote…etc) Teacher will choose one sceonario from the four from each group and have the group write their answers on the whiteboard to be assessed by the class and teacher Review (20min) Teacher Led Teacher will review the answers for each prompt on PDF projected on the screen Teaceher will provide corrections and/or tips to graphing and explanations if needed - - - - - Homework Teacher will provide students with past paper questions for homework due next class. Students in their groups need to complete the worksheet provided. Students will identify the determinants, changes in supply and demand, and graph changes Students will analyze the changes writing 2-3 complete sentences using appropriate economic terminology. Students will write the answer to one of their scenarios on the whiteboard - Students will listen and take notes on other group prompts, graphs and explanations in their workbooks/notebook Students can ask questions about other group answers - - - - Teacher will provide individual feedback as they move around to different groups Teacher will identify errors in graphing or explanations within each group Teacher will provide verbal feedback once all graphs and explanations are on the board. - Students can ask the teacher for support with vocabulary as the teacher moves around the groups Teacher will provide verbal feedback on each groups answers (graphs and explaantions) - PPT slides shared after class Correct answer for the graphs and written explanations will be posted on the slides for students to view after class. - Prep (as appropriate) Pillars: Rigour, Kindness, Creativity Rigour - Mets the rigour requirements for this sub topic as students need to know the determinant shfiters of supply and demand, graph the changes and write a detailed expalantion of the changes - Provides students practice of th type of questions that can show up on the IGCSE exam - Allows students to not only remember the economic theory but alsp apply the theory using real-world scenarios Kindness - Students will support their fellow peers in the think-pair-share activity - Students will provide time for each member to contribute their thoughts on the prompt by using active listening Creativity - Students will each create their explanation of the changes using their own words with the economic theory and terminology previously learnt. Therefore, some answers may be written differently to other students but can still receive a full score.
