Lesson Plan

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Lesson Plan
Grade: 10 Date: 17/01/2026
Subject: Economics
Lesson Topic: Effects of changes in globalisation on income distribution
Learning Objective/s:
  • Describe how globalisation influences factor prices and overall income distribution.
  • Explain the skill‑premium and consumer‑surplus mechanisms that drive income changes.
  • Analyse short‑run and long‑run impacts on workers, capital owners, landowners and consumers.
  • Evaluate real‑world examples of income shifts resulting from trade liberalisation.
  • Apply the concepts to exam‑style questions, linking mechanisms to specific groups.
Materials Needed:
  • Projector and screen
  • Whiteboard and markers
  • Printed handout of the “Who Gains and Who Loses?” summary table
  • Slide showing a factor‑price equalisation diagram
  • Worksheets with case‑study questions
  • Calculator (optional)
 Introduction:
Begin with a quick poll: “What products you use daily come from overseas?” This activates prior knowledge of trade. Explain that today’s lesson will explore how opening up to trade reshapes who benefits and who may lose out. Success criteria: students will identify mechanisms and predict income effects for different groups.
Lesson Structure:
  1. Do‑now (5’) – List three imported items and discuss why they are cheaper.
  2. Mini‑lecture (10’) – Define globalisation, trade restrictions and introduce factor‑price equalisation with diagram.
  3. Interactive activity (12’) – In groups, match each stakeholder (skilled workers, unskilled workers, capital owners, landowners, consumers) to a mechanism and justify the income change.
  4. Case‑study analysis (10’) – Examine a real‑world example (e.g., textile shift to Bangladesh) and answer worksheet questions.
  5. Whole‑class discussion (8’) – Compare short‑run vs long‑run effects; teacher checks understanding with a quick quiz.
  6. Exit ticket (5’) – Write one mechanism and the group it benefits; submit before leaving.
Conclusion:
Recap that globalisation can raise incomes for skilled workers, export‑sector capital owners and consumers, while unskilled workers or owners in protected industries may face pressures. Collect the exit tickets linking a mechanism to a beneficiary group. For homework, assign a short essay evaluating whether globalisation narrows or widens income inequality in a chosen country.