Lesson Plan

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Lesson Plan
Grade: Date: 17/01/2026
Subject: Economics
Lesson Topic: supply-side policy including market-based and interventionist policies
Learning Objective/s:
  • Describe the two categories of supply‑side policies (market‑based and interventionist) and their underlying mechanisms.
  • Explain how each policy type influences the five macro‑economic objectives and shifts the LRAS curve.
  • Evaluate the likely effectiveness and trade‑offs of selected policies using the AS‑AD framework.
  • Apply knowledge by analysing a case study and recommending a balanced policy mix.
Materials Needed:
  • Projector and laptop for slides
  • Whiteboard and markers
  • Handout summarising market‑based and interventionist policies
  • Worksheet with an evaluation table (policy, objective, mechanism, effectiveness)
  • Calculator (optional)
 Introduction:

Begin with a quick poll: “Which macro‑economic goal do you think is hardest to achieve and why?” Connect responses to previous lessons on demand‑side tools, then state that today’s focus is on supply‑side measures. Explain that by the end of the lesson students will be able to classify policies, assess their impact on the LRAS curve, and justify a balanced mix.
Lesson Structure:
  1. Do‑now (5') – short quiz on the five macro‑economic objectives and basic AS‑AD concepts.
  2. Mini‑lecture (10') – introduce market‑based vs. interventionist supply‑side policies, using the handout and a simple LRAS diagram.
  3. Group activity (15') – students work in teams to fill out the worksheet, evaluating three policies (one market‑based, one interventionist, one mixed) for effectiveness and trade‑offs.
  4. Whole‑class debrief (10') – each group shares findings; teacher highlights how policies shift LRAS and interact with demand‑side tools.
  5. Check for understanding (5') – exit ticket: “Name one market‑based and one interventionist policy and state which macro‑objective it most directly supports.”
Conclusion:

Summarise that effective supply‑side policy requires a mix of incentives and targeted interventions to move the LRAS rightward while managing distributional and fiscal concerns. Collect exit tickets, then assign homework: students must write a brief recommendation (150‑200 words) for a policy mix suitable for a low‑growth economy.