PROVINCE OF THE
EASTERN CAPE
EDUCATION
DIRECTORATE
CURRICULUM FET PROGRAMMES
LESSON PLANS
ECONOMICS
GRADE 11
TERM 2
FOREWORD
The following Grade 10, 11 and 12 Lesson Plans were developed by Subject Advisors during May 2009. Teachers are requested to look at
them, modify them where necessary to suit their contexts and resources. It must be remembered that Lesson Plans are working documents,
and any comments to improve the lesson plans in this document will be appreciated. Teachers are urged to use this document with the
following departmental policy documents: Subject Statement; LPG 2008; SAG 2008; Examination Guidelines 2009 and Provincial CASS Policy
/ Guidelines.
Lesson planning is the duty of each and every individual teacher but it helps when teachers sometimes plan together as a group. This
interaction not only helps teachers to understand how to apply the Learning Outcomes (LOs) and Assessment Standards (ASs) but also builds
up the confidence of the teachers in handling the content using new Teacher strategies.
It must please be noted that in order to help teachers who teach across grades and subjects, an attempt has been made to standardise lesson
plan templates and thus the new template might not resemble the templates used in each subject during the NCS training. However, all the
essential elements of a lesson plan have been retained. This change has been made to assist teachers and lighten their administrative load.
Please note that these lesson plans are to be used only as a guide to complete the requirements of the Curriculum Statements and the work
schedules and teachers are encouraged to develop their own learner activities to supplement and /or substitute some of the activities given
here (depending on the school environment, number and type of Learner in your class, the resources available to your Learner, etc).
Do not forget to build in the tasks for the Programme of Assessment into your Lesson Plans.
Strengthen your efforts by supporting each other in clusters and share ideas. Good Luck with your endeavours to improve Teacher, Learning
and Assessment.
Page 2 of 15
Economics Term 3 Lesson Plans
Grade 11
SUBJECT: ECONOMICS
GRADE 11
LESSON PLAN 6
TERM
TIME: 8 HOURS
TOPIC : Production , production cost and revenue
CONTENT ; Objectives of businesses, short-run, long-run, TC, AC, MC, Cost schedules, Economies &Diseconomies of scale, Revenue calculations,
Graphs
INTEGRATION: 2.3; 3.3 & 4; 4.2
Learning Outcome 1: Macroeconomics.
Learning Outcome 2: Microeconomics
Learning outcome 3: Economic
Pursuits:
Learning Outcome 4: Contemporary
Economic Issues:
The learner is able to demonstrate
knowledge, critical understanding and
application of the principles, processes
and practices of the economy.
The learner is able to demonstrate
knowledge, understanding and the
appropriate skills in analysing the
dynamics of markets.
11.1.1. Analyse the factors of
production and their remunerations,
and investigate community
participation initiatives and access
of economically marginalised
groups.
11.1.2. Analyse the uses of
economic goods and services and
relate them to the Gross Domestic
Product (GDP).
11.2.1. Analyse the
relationships between markets
and illuminate them with the aid
of graphs.
The learner is able to demonstrate
knowledge, understanding and critical
awareness of the policies and
practices underpinning the
improvement of the standard of living.
11.3.1. Discuss the wealth
creation process and patterns of
distribution, and relate them to
economic growth and the
standard of living.
The learner is able to demonstrate
knowledge, understanding and critical
awareness, and apply a range of skills in
dealing with contemporary economic
issues.
11.4.1.. Analyse and investigate
poverty, its characteristics, causes
and possible solutions in the South
African context.
11.4.2. Examine and debate
globalisation, its relevance to the
North/South divide, and its effects
(negative and positive) on South
Africa.
11.1.3. Explain the characteristics
and foundations of South Africa’s
mixed economy, and assess its
efficiency in terms of socio-
11.2.3..Explain price
elasticities, illustrate the
presentation with the aid of
graphs, and calculate their
11.3.2. Explain the main
characteristics of developing
countries and strategies that can
be used in economic
development, mentioning the use
of indigenous knowledge systems
in this regard.
11.3.3. Describe the composition
of the money and the banking
system in South Africa, and
emphasise the reasons for and
Page 3 of 15
11.2.2.. Explain and illustrate by
means of graphs the effects of
cost and revenue on prices and
the levels of production.
X
Economics Term 3 Lesson Plans
Grade 11
11.4.3. . State and debate the
problems of environmental
deterioration and insensitive
resource exploitation with special
economic services.
11.1.4. Analyse the economic
structure of South Africa in terms of
its industries and infrastructure,
highlighting exclusion and
discrimination.
values.
consequences of bank failures
11.3.4. Discuss South Africa’s
role and relative economic
importance in Africa.
reference to South Africa
11.4.4. Identify, engage in, examine
and communicate economic issues
of the day, quantitative elements of
Economics and other essentials.
TEACHER ACTIVITIES
LEARNER ACTIVITIES
RESOURCES
ASSESSMENT





Prior knowledge relating to the
following concepts is asked
– production
-- revenue
-- marginal cost
--equilibrium price
and
quantity
Explain the main objectives of
the business, emphasizing on
inputs and outputs in the
production process.
Explaining, analyzing cost in
the short run by calculations in
a schedules with the aid of
graphs.
Explaining, analyzing cost in
the long run (economies and
diseconomies of scale) by
calculations in a schedules with
the aid of graphs.
Summarizes by explaining
(TC,AC and MC, revenue
calculations)

Answer questions and take
notes.
Duster, chalk board, chalk, chart,
learners’ books, pens,
C/W

Listen and take notes.
Data response

Calculating using cost
schedules given and
constructing graphs.
Schedules,
Text book
H/W and C/W

Page 4 of 15
Calculating using cost
schedules and constructing
Economics Term 3 Lesson Plans
Grade 11
DATE
COMPLETED
graphs.

Listening, asking questions
and taking notes.
H/W and C/W
Homework:
Enrichment/Expanded Opportunities:
Teacher Reflections:
SIGNATURES:
______________________________
TEACHER
Page 5 of 15
________________
DATE
Economics Term 3 Lesson Plans
_____________________________
HOD / SMT
____________
DATE
Grade 11
SUBJECT: ECONOMICS
GRADE 11
LESSON PLAN 7
TERM 2
TIME: 8 HOURS
TOPIC : Price elasticity of demand and supply
CONTENT: Marginal utility, Price elasticity of demand and supply, Factors determining price elasticity of demand supply, Income elasticity, Cross
elasticity of demand, graphs and calculations.
INTEGRATION: 11.4.4,11.2.1,11.2.2
Learning Outcome 1: Macroeconomics. The learner is able to
demonstrate knowledge, critical
understanding and application of the
principles, processes and practices of
the economy.
Learning Outcome 2: Microeconomics
: The learner is
able to demonstrate knowledge,
understanding and the appropriate
skills in analysing the dynamics of
markets.
Learning outcome 3: Economic
Pursuits: The learner is able to
demonstrate knowledge,
understanding and critical awareness
of the policies and practices
underpinning the improvement of the
standard of living.
Learning Outcome 4: Contemporary
Economic Issues: The learner is able to
demonstrate knowledge, understanding
and critical awareness, and apply a range
of skills in dealing with contemporary
economic issues.
11.1.1. Analyse the factors of
production and their remunerations,
and investigate community
participation initiatives and access
of economically marginalised
groups.
11.1.2. Analyse the uses of
economic goods and services and
relate them to the Gross Domestic
Product (GDP).
11.2.1. Analyse the
relationships between markets
and illuminate them with the aid
of graphs.
11.3.1. Discuss the wealth
creation process and patterns of
distribution, and relate them to
economic growth and the
standard of living.
11.4.1.. Analyse and investigate
poverty, its characteristics, causes
and possible solutions in the South
African context.
11.2.2.. Explain and illustrate by
means of graphs the effects of
cost and revenue on prices and
the levels of production.
11.4.2. Examine and debate
globalisation, its relevance to the
North/South divide, and its effects
(negative and positive) on South
Africa.
11.1.3. Explain the characteristics
and foundations of South Africa’s
mixed economy, and assess its
efficiency in terms of socioeconomic services.
11.2.3..Explain price
elasticities, illustrate the
presentation with the aid of
graphs, and calculate their
values.
11.3.2. Explain the main
characteristics of developing
countries and strategies that can
be used in economic
development, mentioning the use
of indigenous knowledge systems
in this regard.
11.3.3. Describe the composition
of the money and the banking
system in South Africa, and
emphasise the reasons for and
consequences of bank failures
Page 6 of 15
X
Economics Term 3 Lesson Plans
Grade 11
11.4.3. . State and debate the
problems of environmental
deterioration and insensitive resource
exploitation with special reference to
South Africa
11.3.4. Discuss South Africa’s
role and relative economic
importance in Africa.
11.4.4. Identify, engage in, examine
and communicate economic issues of
the day, quantitative elements of
Economics and other essentials.
LEARNER ACTIVITIES
RESOURCES
ASSESSMENT

Duster, chalk board, chalk, chart,
learners’ books, pens, Koki pens,
C/W
11.1.4. Analyse the economic
structure of South Africa in terms of
its industries and infrastructure,
highlighting exclusion and
discrimination.
TEACHER ACTIVITIES






Baseline assessment on
marginal utility, scarcity and
dynamics of markets.
Summarize marginal utility,
scarcity and dynamics of
markets with the aid of graphs.
Explaining the concept price
elasticity of demand, by using
formulas, scenarios for
calculations.


Participate by sharing views
and answering questions.
Take notes.
Calculating using formulas and
scenarios given.

Engage in calculations, sharing
ideas, taking notes and asking
questions.

Taking notes.
Showing and analyzing different
types of demand, income
elasticity and cross elasticity of
demand and how they are
measured and calculated.
Differentiating and summarizing
deferent forms of price elasticity
of demand with calculations.
Perfect elasticity
Perfect inelasticity
Relatively elasticity
Relatively in elasticity
Unitary elasticity
Describing in details
Page 7 of 15
Text books ,journals ,news papers
etc,
Posters, text books


Listening and taking notes.

Calculating using formulas
and scenarios given.
C/W & H/W
Engage in calculations, sharing
ideas, taking notes and asking
Economics Term 3 Lesson Plans
Grade 11
DATE
COMPLETE
D



factors
influencing
price
elasticity of demand. : . Time,
Substitutes products, necessity
of the products, proportion if
income spent on the products,
the degree of customer loyalty
etc
Explaining the concept price
elasticity of supply, by using
formulas, scenarios for
calculations.
Showing and analyzing different
types of supply and how they
are measured and calculated.
Differentiating and
summarizing deferent forms of
price elasticity of supply with
calculations
-


questions.
Taking notes.

Listening and taking notes
Pictures and posters.

Do simulation and observation.

Take notes.
Perfect elasticity
Perfect inelasticity
Relatively elasticity
Relatively in elasticity
Unitary elasticity
Text books ,journals ,news papers
etc,
Describing in details
factors
influencing
price
elasticity of supply. : . Time,
Stockpiling,
Availability
of
resources, Cost of production,
Technological innovations etc
 Giving learners
simulation activities
and rules to follow.
 Make use of
pictures, posters
and charts to
summarize all the
important points.
Page 8 of 15
Class test
Posters, text books
Data given, C/W
Assignment
Economics Term 3 Lesson Plans
Grade 11
Homework:
Enrichment/Expanded Opportunities:
Teacher Reflections:
SIGNATURES:
______________________________
TEACHER
Page 9 of 15
________________
DATE
Economics Term 3 Lesson Plans
_____________________________
HOD / SMT
____________
DATE
Grade 11
SUBJECT: ECONOMICS
GRADE 11
LESSON PLAN 8
TERM 2
TIME: 8 HOURS
TOPIC: Wealth creation and distribution.
CONTENT: Wealth creation process, redistribution methods, standard of living.
INTEGRATION: 11.4.4 ,11.1.1,
Learning Outcome 1: Macroeconomics. The learner is able to
demonstrate knowledge, critical
understanding and application of the
principles, processes and practices of
the economy.
Learning Outcome 2: Microeconomics
: The learner is
able to demonstrate knowledge,
understanding and the appropriate
skills in analysing the dynamics of
markets.
11.1.1. Analyse the factors of
production and their remunerations,
and investigate community
participation initiatives and access
of economically marginalised
groups.
11.2.1. Analyse the
relationships between markets
and illuminate them with the aid
of graphs.
11.1.2. Analyse the uses of
economic goods and services and
relate them to the Gross Domestic
Product (GDP).
11.2.2.. Explain and illustrate by
means of graphs the effects of
cost and revenue on prices and
the levels of production.
11.1.3. Explain the characteristics
and foundations of South Africa’s
mixed economy, and assess its
efficiency in terms of socioeconomic services.
11.2.3..Explain price
elasticities, illustrate the
presentation with the aid of
graphs, and calculate their
values.
Page 10 of 15
Economics Term 3 Lesson Plans
Learning outcome 3: Economic
Pursuits: The learner is able to
demonstrate knowledge,
understanding and critical awareness
of the policies and practices
underpinning the improvement of the
standard of living.
11.3.1. Discuss the wealth
creation process and patterns of
distribution, and relate them to
economic growth and the
standard of living.
Learning Outcome 4: Contemporary
Economic Issues: The learner is able to
demonstrate knowledge, understanding
and critical awareness, and apply a range
of skills in dealing with contemporary
economic issues.
11.3.2. Explain the main
characteristics of developing
countries and strategies that can
be used in economic
development, mentioning the use
of indigenous knowledge systems
in this regard.
11.3.3. Describe the composition
of the money and the banking
system in South Africa, and
emphasise the reasons for and
consequences of bank failures
11.4.2. Examine and debate
globalisation, its relevance to the
North/South divide, and its effects
(negative and positive) on South
Africa.
X
Grade 11
11.4.1.. Analyse and investigate
poverty, its characteristics, causes
and possible solutions in the South
African context.
11.4.3. . State and debate the
problems of environmental
deterioration and insensitive
resource exploitation with special
reference to South Africa
11.1.4. Analyse the economic
structure of South Africa in terms of
its industries and infrastructure,
highlighting exclusion and
discrimination.
TEACHER ACTIVITIES


Give learners activity to draw
up a budget on three different
income groups (low, middle and
high class income earners )
Consolidate learner’s activities
and showing unequal
distribution of income.



Explaining wealth
creation process and
standard of living.
Measures/methods for
redistributing wealth
and income: . Effective
education and training,
Job creation schemes,
applying welfare
system (policy on
grants and subsidies),
Regulating minimum
wages.
LEARNER ACTIVITIES

Draw family budgets for the
three class income earners
working as groups.

Report as groups, do
corrections and take notes.

Listen and take notes.
Page 11 of 15
11.4.4. Identify, engage in, examine
and communicate economic issues
of the day, quantitative elements of
Economics and other essentials.
RESOURCES
ASSESSMENT
Duster, chalk board, chalk, chart,
learners’ books, pens, Koki pens,
C/W & H/W
Text books,

Listening , brainstorming
and taking notes
News papers magazines

Assist learners to
develop practical
strategies to improve
their standard of living.
11.3.4. Discuss South Africa’s
role and relative economic
importance in Africa.
Develop practical strategies
on how to create wealth
and to improve their
standard of living e.g. fund
raising activities, market
day, etc.
Economics Term 3 Lesson Plans
Research and
presentations
Grade 11
DATE
COMPLETE
D
Homework:
Enrichment/Expanded Opportunities:
Teacher Reflections:
SIGNATURES:
______________________________
TEACHER
Page 12 of 15
________________
DATE
Economics Term 3 Lesson Plans
_____________________________
HOD / SMT
____________
DATE
Grade 11
SUBJECT: ECONOMICS
GRADE: 11
LESSON PLAN 9
TERM 2
TIME: 8 Hours
TOPIC: Economic Growth and Development
CONTENT; Explain the main characteristics of developing countries and strategies that can be used in economic development, mentioning the use of
indigenous knowledge systems in this regard.
INTEGRATION: 11.3.1 , 11.4.4 ,11.3.3
Learning Outcome 1: Macroeconomics. The learner is able to
demonstrate knowledge, critical
understanding and application of the
principles, processes and practices of
the economy.
Learning Outcome 2: Microeconomics
: The learner is
able to demonstrate knowledge,
understanding and the appropriate
skills in analysing the dynamics of
markets.
Economic Pursuits: The learner is
able to demonstrate knowledge,
understanding and critical awareness
of the policies and practices
underpinning the improvement of the
standard of living.
Learning Outcome 4: Contemporary
Economic Issues: The learner is able to
demonstrate knowledge, understanding
and critical awareness, and apply a range
of skills in dealing with contemporary
economic issues.
11.1.1. Analyse the factors of
production and their remunerations,
and investigate community
participation initiatives and access
of economically marginalised
groups.
11.2.1. Analyse the
relationships between markets
and illuminate them with the aid
of graphs.
11.3.1. Discuss the wealth
creation process and patterns of
distribution, and relate them to
economic growth and the
standard of living.
11.4.1.. Analyse and investigate
poverty, its characteristics, causes
and possible solutions in the South
African context.
11.1.2. Analyse the uses of
economic goods and services and
relate them to the Gross Domestic
Product (GDP).
11.2.2.. Explain and illustrate by
means of graphs the effects of
cost and revenue on prices and
the levels of production.
11.3.2. Explain the main
characteristics of developing
countries and strategies that can
be used in economic
development, mentioning the use
of indigenous knowledge systems
in this regard.
Page 13 of 15
Economics Term 3 Lesson Plans
Grade 11
X
11.4.2. Examine and debate
globalisation, its relevance to the
North/South divide, and its effects
(negative and positive) on South
Africa.
11.1.3. Explain the characteristics
and foundations of South Africa’s
mixed economy, and assess its
efficiency in terms of socioeconomic services.
11.1.4. Analyse the economic
structure of South Africa in terms of
its industries and infrastructure,
highlighting exclusion and
discrimination.
11.2.3..Explain price
elasticities, illustrate the
presentation with the aid of
graphs, and calculate their
values.
11.3.3. Describe the composition
of the money and the banking
system in South Africa, and
emphasise the reasons for and
consequences of bank failures
11.3.4. Discuss South Africa’s
role and relative economic
importance in Africa.
11.4.3. . State and debate the
problems of environmental
deterioration and insensitive
resource exploitation with special
reference to South Africa
11.4.4. Identify, engage in, examine
and communicate economic issues
of the day, quantitative elements of
Economics and other essentials.
TEACHER ACTIVITIES
LEARNER ACTIVITIES
RESOURCES
ASSESSMENT
Duster, chalk board, chalk, chart,
learners’ books, pens, Koki pens,
news paper cuttings.
Case study

Give learners case study
together with news paper
cuttings related to poverty for
comparing urban and rural
communities.

Read, interpret news paper
cuttings and make
comparison between rural
and urban areas, write a
report on the causes of
poverty and suggest means
to fight poverty. Ask
questions and take notes.

Supervise and assist learners
on the case study given,
consolidating the case study.

Listen and take notes,
making reports as groups.

Differentiating economic growth
and development.
Asking learners to list in a
tabular form developing and
developed countries.

Listening and taking notes

Listing in a tabular form
developing and developed
countries with reasons.
Explaining in detail
characteristics of developing
countries:.

Low standard of living,
High population growth rate,

Listening and taking notes


Page 14 of 15
Economics Term 3 Lesson Plans
Text books ,
Grade 11
DATE
COMPLETED
C/W
Dependant on agriculture for
living, lack of employment, low
income , low levels of savings,
low levels of capital formation,
poor credit facilities, poor
marketing facilities, poor
housing, etc,

H/W

Explaining and analyzing
developmental strategies: .
Less government intervention in
the economy, Development
through trade in agricultural
products, fewer government
companies, more government
support for local owned
businesses, social welfare
grants for elderly, unemployed
etc.
Ask questions and take
notes.
Homeworks
Classworks
Short-test
C/W
H/W


Summarize the
important points and give
learners research topic.
Homework:
Enrichment/Expanded Opportunities:
Teacher Reflections:
Conduct and present
research.
Research presentation
SIGNATURES:
______________________________
TEACHER
Page 15 of 15
________________
DATE
Economics Term 3 Lesson Plans
_____________________________
HOD / SMT
____________
DATE
Grade 11