| Lesson Plan | |
| Grade: | Date: 17/01/2026 |
| Subject: Economics | |
| Lesson Topic: Reasons for differences in living standards and income distribution within and between countries | |
Learning Objective/s:
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Materials Needed:
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Introduction: Begin with a striking fact: while Country A enjoys a per‑capita income of US$55,000, Country C lives on less than US$2,000. Ask students what they think drives such gaps, linking to prior knowledge of GDP. Explain that today they will explore the economic, institutional and geographic reasons behind living‑standard and inequality differences, and that they will be assessed by a short exit ticket summarising the key drivers. |
Lesson Structure:
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Conclusion: Summarise that living standards are shaped by a mix of resource endowments, human and physical capital, technology, institutions and trade, while inequality stems from education, labour markets and policy choices. Collect the exit tickets as retrieval practice and remind students to complete the homework worksheet that asks them to compare two countries of their choice using the indicators discussed. |
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