Lesson Plan

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Lesson Plan
Grade: 10 Date: 17/01/2026
Subject: Economics
Lesson Topic: The demand for and supply of a currency
Learning Objective/s:
  • Describe how the demand for a foreign currency is determined.
  • Explain the factors that cause the supply of a foreign currency to shift.
  • Analyse how changes in demand or supply affect the equilibrium exchange rate.
  • Apply a simple linear demand‑supply model to calculate an equilibrium exchange rate.
  • Evaluate the impact of speculative expectations on currency movements.
Materials Needed:
  • Projector and screen for diagrams
  • Whiteboard and markers
  • Printed worksheets with demand‑supply tables and numerical example
  • Graph paper or online graphing tool
  • Calculator for numerical calculations
 Introduction:
Begin with a quick poll: “If the price of a holiday in Europe drops, what happens to the amount of euros you need?” Connect this to prior learning on price‑quantity curves and set the success criteria: students will identify drivers of currency demand and supply and predict exchange‑rate changes.
Lesson Structure:
  1. Do‑now (5’) – Students complete a short exit ticket from the previous lesson on price mechanisms.
  2. Mini‑lecture (10’) – Introduce exchange‑rate concept and demand/supply curves using projected diagrams.
  3. Interactive factor analysis (15’) – In pairs, examine tables of factors, classify each as a demand or supply driver, and justify.
  4. Guided practice (10’) – Work through the linear equations example on the board, solving for equilibrium.
  5. Whole‑class discussion (10’) – Explore how shifts in each factor move the curves and affect the exchange rate; use a quick poll.
  6. Check for understanding (5’) – Quick quiz (Kahoot or hand‑out) with scenario questions.
  7. Summary & exit ticket (5’) – Students write one real‑world example of a factor that would shift demand or supply.
Conclusion:
Recap the key determinants of currency demand and supply and how they shift the equilibrium exchange rate. Ask students to submit an exit ticket stating which factor they think will most influence the pound’s value next month. For homework, assign a short research task to find a recent news article describing a currency movement and identify the underlying demand or supply factor.