| Lesson Plan |
| Grade: |
Date: 03/03/2026 |
| Subject: Economics |
| Lesson Topic: nature and definition of public goods |
Learning Objective/s:
- Define public goods and identify their non‑excludable and non‑rivalrous traits.
- Compare public and private goods using key attributes.
- Explain the free‑rider problem and its effect on market provision.
- Evaluate government interventions that correct market failure for public goods.
- Apply classification criteria to real‑world examples of public goods.
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Materials Needed:
- Projector and screen for slides/diagrams
- Whiteboard and markers
- Handout summarising characteristics and comparison table
- Printed case examples of public goods (e.g., national defence, parks)
- Worksheet with short questions on the free‑rider problem
- Calculator (optional) for simple calculations
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Introduction:
Begin with a quick poll: “What services do we all use without paying each time?” Connect this to students’ prior knowledge of private goods and set the success criteria: students will be able to define, compare, and evaluate public goods and related market issues.
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Lesson Structure:
- Do‑now (5') – short quiz on distinguishing private vs. public goods.
- Mini‑lecture (10') – definition, non‑excludability, non‑rivalry, and positive externalities (slide & diagram).
- Guided comparison (10') – analyse the provided table, discuss differences and market outcomes.
- Group case study (15') – examine a free‑rider scenario, identify problems, propose government solutions.
- Whole‑class debrief (5') – groups share proposals; teacher links to taxation, direct provision, regulation.
- Exit ticket (5') – write a concise definition of a public good and give one example.
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Conclusion:
Recap the defining features of public goods, the free‑rider problem, and why government action is required. Collect exit tickets to check understanding, and assign a brief homework: research a local public good and explain how it is financed.
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