NATIONAL CURRICULUM STATEMENT

ECONOMIC AND MANAGEMENT SCIENCES

LESSON PREPARATION
TERM 2

GRADE 9 SUBJECT EMS WEEK(S): 5 HOURS: 30 MINUTES PERIOD: 2

DURATION:
DATE STARTED: DATE COMPLETED:
TOPIC:
THE ECONOMY
PRICE THEORY

LINKS WITH PREVIOUS LESSON: LINKS WITH NEXT LESSON(S):

 Changes in quantity supplied  Equilibrium price

CONTENT: KEY TERMS (VOCABULARY):

 Change in quantity supplied, Increase and decrease in supply  Supply, the law of supply, supply schedule, supply curve
 Graphical illustration of the change in quantity supply

TEACHER ACTIVITIES LEARNER ACTIVITIES DURATION

 Engage in class discussion by
INTRODUCTION:
responding to questions asked by the
Homework activity is marked
teacher.
 Engage learners to respond to questions through class
 Mark their own books
discussion before giving their home work answers. The
teachers give answers on homework activity; write them on the Introduction: 5 min
chalkboard/ whiteboard/ OHP. Walk around to checks if
homework is done and controls a few books in class.
 Explain the following: Lesson : 20 min
 Factor(s) that affect change in quantity supplied  Teacher explains, learners listen and
 The price of product. The quantity of a product that suppliers ask clarity seeking questions.
provide depends on the price consumers will pay for the product.
 Learners take notes.
  Learners to do activity at home.
Homework activity is explained Conclusion: 3 minutes

TEACHING STRATEGY/ METHODOLOGY

Co- operative learning  Lecture / Direct instruction
Discussion Visual/ Practical Demonstration 
Explanation  Simulation
Observation Use of technology and instructional resources 
Question and answer  Role playing
Pre-test Interviews
Other : Other:

ASSESSMENT
FORM TOOL METHOD
Data Response Poster Memorandum  Baseline
Project Class work / Homework  Rubric with criteria Formal
Case Study Assignment Checklist Informal
Control Test Class Test Observation Sheet Educator
Examinations Data Response Other: Self 
Debate Other : Peer 
Drama Other :

RESOURCES: OHP/Whiteboard/ Chalkboard/Worksheets/Hand-outs, pencils, pens, Textbook(s), Charts, class notes.

TEACHER REFLECTION EXPANDED OPPORTUNITIES/ ENRICHMENT

 _______________________________________________________ Additional activities to draw graphs will be assessed.
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Name of Teacher: ____________________________ HOD: _________________________________

Signature: __________________________________ Signature: _____________________________

Date: ______________________________________ Date: _________________________________

Support Material
Activity:
Homework
1. Define the following concepts in your own words:
A. Supply
B. Supply Schedule
2. Use the information on the supply schedule to draw a supply curve. Label your graph.

Price Quantity supplied

R5 10

R10 20

R15 30

R20 45

R25 70

R30 80

POSSIBLE ANSWER:

1.
A. Supply
Supply is the quantity of a good or service that suppliers are willing and able to supply at different
price levels.

B .Supply schedule
A supply schedule is a table showing the quantity of a good or service supplied at different price
levels.

Supply curve

P
40

QUANTITY