| Lesson Plan |
| Grade: |
Date: 04/03/2026 |
| Subject: Economics |
| Lesson Topic: Definition of supply |
Learning Objective/s:
- Define supply as the quantity of a good producers are willing and able to sell at different prices, ceteris paribus.
- Explain the positive relationship between price and quantity supplied.
- Identify and describe at least three determinants of supply and how they shift the supply curve.
- Interpret a supply‑curve diagram and predict the effect of changes in determinants.
- Apply the supply concept to real‑world examples in short written responses.
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Materials Needed:
- Projector and screen
- Whiteboard and markers
- Printed handout of the determinants of supply table
- Worksheet for drawing and shifting supply curves
- Sticky notes for exit‑ticket responses
- Calculators (optional)
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Introduction:
Begin with a quick poll: “If the price of smartphones rises, what do you think happens to the amount producers sell?” Connect this to prior knowledge of demand‑price links and state the success criteria: students will be able to define supply, explain its price relationship, and list key determinants.
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Lesson Structure:
- Do‑now (5') – short quiz on price‑quantity relationships to activate prior knowledge.
- Mini‑lecture (10') – present the definition of supply, the upward‑sloping curve, and the role of “ceteris paribus”.
- Group activity (15') – each group receives a determinant card (e.g., technology, taxes) and predicts how the supply curve shifts, then shares with the class.
- Guided practice (10') – students complete a worksheet plotting the original supply curve and then redraw it after a specified determinant change.
- Check for understanding (5') – think‑pair‑share questions on why higher input costs reduce supply.
- Summary recap (5') – teacher highlights the five key take‑aways and links back to the lesson objectives.
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Conclusion:
Review the definition, the positive price‑quantity link, and the main determinants. Students write one “exit ticket” on a sticky note: name a determinant and describe its effect on supply. Assign homework to find a current news article illustrating a supply shift and prepare a brief explanation for the next class.
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