PROVINCE OF THE
EASTERN CAPE
EDUCATION
DIRECTORATE: CURRICULUM FET PROGRAMMES
LESSON PLANS
TERM 2
ECONOMICS
FOREWORD
1
The following Grade 10, 11 and 12 Lesson Plans were developed by Subject Advisors from 09 March – 13 March 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 teaching 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 learners in your class, the resources available
to your learners, 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 endeavors to improve Teaching,
Learning and Assessment.
2
SUBJECT
SCHOOL
Duration
: ECONOMICS
:
: 2 weeks (8HOURS)
Teacher :
School Period :
Grade : 11
Date :TERM2 (WEEK 13&14)
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.
Learning Outcomes & Assessment Standards :
LO 2 : The learner is able to demonstrate knowledge, understanding and the appropriate skills in analyzing the dynamics of markets
AS 11.2.3 : Explain price elasticity ,illustrate the presentation with the aid of graphs ,and calculate their values.
Critical outcomes
1. Identify and solve problems and make decisions using critical and creative thinking
2. Work with others as a team, group
3. Organise and manage themselves effectively
4. Collect, analyse, organise and critically evaluate
5. Communicate effectively
6. Use science and technology effectively and responsibility towards the environment and the health of others
7. Demonstrate an understanding of the world
Development outcomes
1. Reflect on, explore strategies to learn more effectively
2. Participate as responsible citizens in the local, national and global communities
3. Be culturally and aesthetically sensitive across range of social contexts
4. Explore education and career opportunities
5. Develop entrepreneurial opportunities
Integration within the subject : 11.4.4,11.2.1,11.2.2
Extended activity
:
Expanded opportunities
:
Teacher ’s reflections
:
Skills
: Drawing graphs ,communication, calculations
3
Knowledge : Understanding price elasticity ,effects of prices on products and formulas to calculate different
Things.
Values
: Develop appreciation for the types of products to buy and the importance of elasticity for
Businesses.
Teacher’s Actions
Learners’ Activities
Resources
Assessment
Date
Strategies
Completed
Duster, chalk
C/W
 Baseline assessment on marginal utility, scarcity
 Participate by sharing
board, chalk,
and dynamics of markets.
views and answering
chart, learners’
questions.
books, pens,
 Summarize marginal utility, scarcity and dynamics  Take notes.
Koki pens,
of markets with the aid of graphs.



Explaining the concept price elasticity of demand,
by using formulas, scenarios for calculations.

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

Calculating using formulas
and scenarios given.
Engage in calculations,
sharing ideas, taking notes
and asking questions.
Text books
,journals ,news
papers etc,
C/W & H/W
Posters, text
books
Taking notes.
4

Describing in details 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
Listening and taking notes.
Pictures and
posters.

Explaining the concept price elasticity of supply,
by using formulas, scenarios for calculations.

Calculating using formulas
and scenarios given.
Text books
,journals ,news
papers etc,
Class test

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

Engage in calculations,
sharing ideas, taking notes
and asking questions.
Taking notes.
Posters, text
books
Data given, C/W
Describing in details factors influencing 
Listening and taking notes
-

Perfect elasticity
Perfect inelasticity
Relatively elasticity
Relatively in elasticity
Unitary elasticity
5
price elasticity of supply. : . Time, Stockpiling,
Availability of resources, Cost of production,
Technological innovations etc
Assignment

Giving learners simulation activities
and rules to follow.

Do simulation and
observation.

Make use of pictures, posters and
charts to summarize all the important
points.

Take notes.
6
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