Lesson Plan

Lesson Plan
Grade: Date: 17/01/2026
Subject: Economics
Lesson Topic: relationships between different markets: joint demand (complements)
Learning Objective/s:
  • Describe the concept of joint demand and identify examples of complementary goods.
  • Explain how a price change in one complement shifts the demand curve of the related good.
  • Analyse real‑world complementary markets and predict the direction of demand shifts.
  • Evaluate policy or business strategies that exploit joint demand relationships.
Materials Needed:
  • Projector and laptop for presentation
  • Whiteboard and markers
  • Printed handout with demand‑shift diagrams
  • Worksheet containing the practice question
  • Calculator (optional for quick calculations)
  • Sticky notes for exit tickets
Introduction:

Begin with a quick poll: “If petrol prices fall, what happens to car sales?” Connect this to students’ prior knowledge of demand curves and set the success criteria: students will be able to illustrate and explain demand shifts for complementary goods.

Lesson Structure:
  1. Do‑now (5’) – Recall the effect of price changes on demand for substitutes and complements (short written response).
  2. Mini‑lecture (10’) – Define joint demand, present the demand function, and highlight the negative cross‑price effect.
  3. Graphing activity (10’) – In pairs, draw the demand curve for Good X shifting right/left when the price of Good Y falls/rises (using petrol‑car example).
  4. Case‑study discussion (10’) – Groups analyse the provided table of complementary pairs and predict the direction of demand shifts.
  5. Practice question (10’) – Individually answer the coffee‑sugar scenario; teacher circulates for formative feedback.
  6. Summary checklist & exit ticket (5’) – Students list three key take‑aways on a sticky note and hand it in.
Conclusion:

Recap the definition of joint demand, the direction of demand shifts, and how businesses or governments can respond. Collect exit tickets to gauge understanding, and assign homework: find a local complementary pair, describe a recent price change, and predict the resulting demand shift.