Dania Ewodage is my name. I am a Nigerian, married with children. A profession teacher with years of experience and certified by the C.I.E, I hold a BSc. and Masters degrees both in economics, and the U.K. Inst. of Marketing diploma. I am also a Consultant and Pastor.
Dania Ewodage is my name. I am a Nigerian, married with children. A profession teacher with years of experience and certified by the C.I.E, I hold a BSc. and Masters degrees both in economics, and the U.K. Inst. of Marketing diploma. I am also a Consultant and Pastor.
LESSON OBJECTIVE: are shared with the student for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to;
Define price elasticity of supply (PES). Calculate PES using the formula and interpreting the significance of the result. Draw and interpret supply curve diagrams to show different PES.
Determinants of PES - The key influences on whether supply is elastic or inelastic. Significance of PES - The implications for decision making by consumers, producers and government.
**A complete lesson. ** Marketing Competition and the Customer. , ‘ppt’ IGCSE Business Studies syllabus. *.Engage your students, relax, and simply guide them as they work and learn. Answers at the end.
Lesson Objectives;
At the end of the lesson, the students should be able to;
3.1 Define marketing, describe competition and the customer
3.1.1 Identify and explain the role of marketing such as:
• Identifying customer needs / • Satisfying customer needs
• Maintaining customer loyalty; building customer relationships
3.1.2 Identify and explain why customer/consumer spending patterns may change / • The power and importance of changing customer needs
• Why some markets have become more competitive
• How business can respond to changing spending patterns and increased competition.
Complete Lesson.
Topic: Place - Marketing Mix ‘ppt’ * IGCSE Business Studies syllabus. *Engage your students, relax, and simply guide them as they work and learn to excel. Test Yourself Questions ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Explain the term Place (distribution channels):
• Advantages and disadvantages of different channels, e.g. use of wholesalers, retailers or direct to consumers
• Recommend and justify an appropriate distribution channel in given circumstances‘Test Yourself Questions.’ Class Activities’ with ‘Answers.’
A Work Sheet tailored to meet the IGCSE Business Studies 0450 syllabus for 2020, 2021 and 2022 exam requirements. The activities in it should cover more than one or two lessons. Assuredly, it will help you to fully engage your key stage 4 students during lessons as well prepare them for the ‘A and A* grades’ in the final examinations. All you need to do is print out the part of the work sheet you want to use, explain and/or discuss the sub topic for no more than 5 - 10 minutes and guide the students as they work on the tasks. They would scarcely need to consult with their text books and they will learn by themselves.
Content: 1.3.3 Why some businesses grow and others remain small:
• Why the owners of a business may want to expand the business • Different ways in which businesses can grow • Problems linked to business growth and how these might be overcome • Why some businesses remain small.
1.3.4 Why some (new or established) businesses fail: • Causes of business failure, e.g. lack of management skills, changes in the business environment, liquidity problems • Why new businesses are at a greater risk of failing.
A Work Sheet tailored to meet the IGCSE Business Studies 0450 syllabus for 2020, 2021 and 2022 exam requirements. The activities in it should cover more than one or two lessons. Assuredly, it will help you to fully engage your key stage 4 students during lessons as well prepare them for the ‘A and A* grades’ in the final examinations. All you need to do is print out the part of the work sheet you want to use, explain and/or discuss the sub topic for no more than 5 - 10 minutes and guide the students as they work on the tasks. They would scarcely need to consult with their text books and they will learn by themselves.
Content: 1.2 Classification of businesses
1.2.1 Business activity in terms of primary, secondary and tertiary sectors:
• Basis of business classification, using examples to illustrate the classification
• Reasons for the changing importance of business classification, e.g. in
developed and developing economies.
Price Changes * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the end of the lesson, the students should be able to;
Identify and explain causes of price changes - Changing market conditions as causes of price changes. Identify and explain consequences of price changes - Demand and supply diagrams to be used to illustrate these changes in market conditions and their consequences for equilibrium price and sales. • ‘Class Activities’ Solutions at the end of the presentation.
Partnership * ’ppt’ IGCSE Economics & Business Studies. I have consistently produced As, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Define Partnership. Identify and describe its main features, advantages, and disadvantages.
Explain the concepts of risk, ownership and limited liability as pertains to Partnership
Recommend and justify Partnership business organisation in a given situation.
Class Activities provided with Answers.
Complete Lesson.
Achieving Quality Production * ’ppt’ IGCSE Business Studies. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Why quality is important and how quality production might be achieved: • What quality means and why it is important for all businesses. • The concept of quality control and how businesses implement quality control. • The concept of quality assurance and how this can be implemented.
‘Class Activities’ with ‘Answers.’
Work Sheet: The Nature of the Economic Problem & Factors of Production, ‘pdf.’ IGCSE Economics syllabus. Engage your pupils, relax, and simply guide them. All you need to do is print out the part you want to use, Explain and/or discuss the sub topic for 5 - 10 minutes and watch them learn by themselves, as they work on the tasks. Answers provided.
Content
Finite resources and unlimited wants. Economic and free goods. Definition and examples of the economic problem in the contexts of: consumers; workers; producers; and governments. The difference between economic goods and free goods. Factors of production.
Topic: Price Elasticity of Supply (PES) Lesson Plan IGCSE Economics- 'ppt’ doc. 'Use these materials to engage your students, and relax. You can consistently produce A*s, As, and Bs.
User guidelines:
Duplicate the file. Delete the answers to the activities in one file and share to students before or during the class.
Project the file. Teach and / or discuss the content within 5 to 15 minutes of lesson time.
Let students work on the activities provided.
Watch and guide them individually or collectively as the needs arise, such that they
understand and do the needful.
Use the activities as you find fit. Project the answers. Let students exchange and mark their own scripts for short and direct responses questions. Mark the detailed responses yourself. Best regards.
Lesson Objectives
At the completion of the lesson, all students should be able to;
Define price elasticity of supply (PES). Calculate PES using the formula and interpreting the significance of the result. Draw and interpret supply curve diagrams to show different PES.
Determinants of PES - The key influences on whether supply is elastic or inelastic. Significance of PES - The implications for decision making by consumers, producers and government.
Define price elasticity of supply (PES). Calculate PES using the formula and interpreting the significance of the result. Draw and interpret supply curve diagrams to show different PES. Determinants of PES - The key influences on whether supply is elastic or inelastic. Significance of PES - The implications for decision making by consumers, producers and government.
Whole Lesson:
A whole lesson and this is all you need to teach on this topic for IGCSE Business Studies and Economics syllabus 2017 - 2019. It is good for Teachers and Students and adequate as a note for student to copy in the class or at home. Parents can also use to help their children to improve their proficiency on the subject. Students can be allowed to consult their books while doing the case study question.
Lesson Objectives
At the end of the lesson, students should be able to:
4.2.3 Explain, interpret and use a simple break-even chart:
• Explain the concept of break even
• Construct, complete or amend a simple break-even chart
• Interpret a given chart and use it to analyse a situation
• Use a chart to help make simple decisions, e.g. impact
of higher price
• Understand the limitations of break-even charts
Do the Class Activity and Case Study Questions with Answers at the end of the presentation.
Lesson Plan
Topic: Income statements and Statement of Financial Position Lesson Plan - ‘MS word doc.’ IGCSE Business Studies.
Lesson Objective: are shared with the students for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to;
describe what profit is and why it is important: •• How a profit is made
•• Importance of profit to private sector businesses, e.g. reward for risk-taking/enterprise, source of finance. •• Difference between Profit and cash
Income statements: •• Main features of an income statement, e.g. revenue, cost of sales, gross profit, profit and retained profit. •• Use simple income statements in decision making based on profit calculations (constructing income statements will not be assessed)
The main elements of a statement of financial position: • main classifications of assets and liabilities, using examples. Interpret a simple statement of financial position and make deductions from it, e.g. how a business is financing its activities and what assets it owns, sale of inventories to raise finance.
NB: You can add your school name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by adjusting up the objectives, Plenary and lesson starter etc.
Lesson Plan
Topic: Market Economic Systems Lesson Plan ‘MS word doc.’ IGCSE Economics.
Lesson Objective: are shared with the students for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to;
Define mixed economic system, draw and interpret appropriate diagrams showing the effects of three government microeconomic policy measures: maximum and minimum prices in product, labour and foreign exchange markets; indirect taxation; and subsidies. Definition only of government microeconomic policy measures: regulation; privatisation and nationalisation; and direct provision of goods. The effectiveness of government intervention in overcoming the drawbacks of a market economic system.
NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.
Market Structure Perfect Competition & Monopoly * ’ppt’ IGCSE Economics. . With these resources, I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
• Define Competitive markets - Explain the effect of having a high number of firms on price, quality, choice, profit.
Note: the theory of perfect and imperfect competition and diagrams are not required.
• Define Monopoly markets – Explain the characteristics, advantages and disadvantages of monopoly. Note: diagrams are not required.
• ‘Class Activities’ ‘Keywords Study’ ‘Multiple Choice Questions’ with Answers.
Topic: The Nature of the Economic Problem, Factors of Production and Factor Mobility ’ppt’ IGCSE Economics. Use these materials to engage your students, and relax. You can consistently produce A*s, As, and Bs.
User guidelines:
Duplicate the file. Delete the answers to the activities in one file and share to students before or during the class.
Project the file. Teach and / or discuss the content within 5 to 15 minutes of lesson time.
Let students work on the activities provided.
Watch and guide them individually or collectively as the needs arise, such that they
understand and do the needful.
Use the activities as you find fit. Project the answers. Let students exchange and mark their own scripts for short and direct responses questions. Mark the detailed responses yourself. Best regards.
Lesson Objectives
At the completion of the lesson, all students should be able to;
• Define, and explain the nature of the economic problem (finite resources and unlimited wants). • and the factors of production (land, labour, capital, enterprise, with examples ). • Define, explain mobility of the factors of production and the influences on the mobility of the various factors. • Quantity and quality of the factors of production - The causes of changes in the quantity and quality of the various factors.
Complete Lesson.
Classifying firms Small firms Growth of Firms Mergers Economies of Scale * ’ppt’ IGCSE Economics & Business Studies. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. 'Class Activities. ‘Keywords Study’ ’ with Answers.
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Classify firms - In terms of primary/secondary/tertiary sectors and private/public sector, and the relative size of firms. (NB: detailed knowledge of different types of structure of a firm is not required.) Identify and describe small firms - their advantages and disadvantages, the challenges facing small firms and reasons for their existence. Causes and forms of the growth of firms - Internal growth, for example increased market share. External growth, for example mergers. Mergers - Examples, advantages and disadvantages of different types of mergers: horizontal, vertical, and conglomerate. How internal and external economies and diseconomies of scale can affect a firm/industry as the scale of production changes Class Activities, ‘Keywords Study’ ‘Multiple Choice Questions’ with Answers.
Complete Lesson.
Firms, Demand for Factors of Production, Productivity and production * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Identify and explain what Influences demand for factors of production - include demand for the product, the price of different factors of production, their availability and their productivity.Identify and explain Labour-intensive and capital-intensive production - The reasons for adopting the different forms of production and their advantages and disadvantages.Production and productivity - The difference between, and influences on, production and productivity.• ‘Class Activities’ ‘Multiple Choice Questions’ with Answers.
Internal and External Communication * ’ppt’ IGCSE Business Studies . I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’
Lesson Objectives;
At the completion of the lesson, the students should be able to;
Describe why effective communication is important and the methods used to achieve it:
Effective communication and its importance to business
Benefits and limitations of different communication methods including those based Recommend and justify which communication method to use in given circumstances
Demonstrate an awareness of communication barriers:
How communication barriers arise and problems of ineffective communication; how communication barriers can be reduced or remove ‘Class Activities’ with ‘Answers.’
Lesson Plan
Topic: The Role of Governments Macroeconomic Aims policies & the Conflicts Lesson Plan ‘MS word doc.’ IGCSE Economics.
Lesson Objective: are shared with the students for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to; - Identify and explain the macroeconomic aims of government. Reasons behind the choice of aims and the criteria that governments set for each aim. Possible conflicts between macroeconomic aims.
NB: Add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.
Topic: “Business Studies Examination”
Short Response Questions 0450/1 and Case Study Questions 0450/2 and Answers ‘MS Word’ Opt. A.
This document is prepared for year 11 final or Mock exams. It can be moderated for your school examinations to suit your purpose for the two IGCSE Papers.