Lesson Plan

Lesson Plan
Grade: Date: 17/01/2026
Subject: Economics
Lesson Topic: Effects of changes in globalisation on competition
Learning Objective/s:
  • Describe how globalisation expands markets and alters competitive pressures.
  • Explain the impact of major trade restrictions (tariffs, quotas, subsidies, standards) on domestic and foreign competition.
  • Analyse how removing or introducing a restriction changes firm behaviour, prices and market structure.
  • Evaluate the short‑ and long‑term consequences of protectionist policies for consumers and producers.
  • Apply diagrammatic analysis to illustrate the effect of a tariff or quota on supply‑demand equilibrium.
Materials Needed:
  • Projector and screen
  • Whiteboard and markers
  • Printed handout with key definitions and a supply‑demand diagram
  • Worksheet containing case‑study questions (e.g., UK textile example)
  • Sticky notes for quick exit‑ticket responses
  • Calculator (optional for price calculations)
Introduction:

Begin with a short video clip showing a bustling international market to spark interest. Ask students what they already know about global trade and how it might affect local businesses. State that by the end of the lesson they will be able to identify and evaluate the ways globalisation and trade restrictions reshape competition.

Lesson Structure:
  1. Do‑now (5'): Students list three examples of recent global products they have bought and note any price differences compared to local alternatives.
  2. Mini‑lecture (10'): Define globalisation and outline its main drivers using the projector.
  3. Interactive activity (12'): In pairs, examine a trade‑restriction table and match each restriction to its typical effect on competition.
  4. Case‑study analysis (15'): Groups analyse the UK textile example, identifying which effects listed in the source are evident.
  5. Diagram work (10'): Students complete a supply‑demand diagram showing the impact of a tariff on imported goods.
  6. Check for understanding (5'): Quick quiz via Kahoot or hand‑raised questions covering key concepts.
Conclusion:

Recap the main ways globalisation and trade restrictions influence competition, highlighting the diagram as a visual summary. Students write one exit‑ticket note answering: “What is the most important advantage and disadvantage of removing a trade restriction?” Finally, assign a short homework: research a recent trade policy change in any country and predict its competitive impact.