Lesson Plan

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Lesson Plan
Grade: 10 Date: 17/01/2026
Subject: Economics
Lesson Topic: nationalisation and privatisation
Learning Objective/s:
  • Describe the concepts of nationalisation and privatisation and their purposes.
  • Compare the advantages and disadvantages of each policy using real‑world examples.
  • Analyse how market structure influences the choice between nationalisation and privatisation.
  • Evaluate the impact of these policies on prices, efficiency and public welfare.
  • Apply criteria to decide which policy is appropriate for a given sector.
Materials Needed:
  • Projector and screen
  • Whiteboard and markers
  • Printed handouts with comparison table
  • Case study worksheets (e.g., electricity sector)
  • PowerPoint slides summarising key points
  • Sticky notes for group activity
 Introduction:
Begin with a quick poll asking students whether they think essential services should be owned by the government or private companies. Link their responses to previous lessons on market failure and the role of government. Explain that today they will explore nationalisation and privatisation as policy tools and will be able to justify when each is appropriate.
Lesson Structure:
  1. Do‑now (5') – Students write brief definitions of nationalisation and privatisation on sticky notes and post them on the board.
  2. Mini‑lecture (10') – Teacher presents key rationales, advantages and disadvantages using slides and the comparison table.
  3. Group analysis (15') – In groups of three, students examine a case study (electricity supply) and decide which policy best addresses the market failure, recording their reasons.
  4. Whole‑class debate (10') – Groups share decisions; the class discusses trade‑offs and clarifies misconceptions.
  5. Quick check (5') – Exit ticket: one sentence stating when nationalisation is preferable and one for privatisation.
  6. Homework briefing (2') – Assign a short essay comparing two sectors (e.g., water vs telecom) using the criteria learned.
Conclusion:
Summarise that nationalisation aims to ensure universal access and equity, while privatisation seeks efficiency and fiscal relief. Remind students of the success criteria: they can articulate advantages, disadvantages and appropriate contexts for each policy. Collect exit tickets and assign the comparative essay for homework.