Opportunity Cost and Production Possibility Curve (PPC) Lesson Plan IGCSE Economics

Lesson Plan
Topic: Opportunity Cost and Production Possibility Curve (PPC) Lesson Plan IGCSE Economics - ‘MS word doc.’
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 opportunity cost - Definition and examples of opportunity cost in different contexts. The influence of opportunity cost on decision making - Decisions made by consumers, workers, producers and governments when allocating their resources.
Define Production Possibility Curve (PPC) - drawing and interpretation of appropriate diagrams. Points under, on and beyond a Production Possibility Curve (PPC) - The significance of the location of production points. Movements along a PPC - Movements along a PPC and opportunity cost. Shifts in a PPC- The causes and consequences of shifts in a PPC in terms of an economy’s growth.
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 editing the objectives, Plenary and lesson starter etc.