Lesson Plan

Resources → Subject Notes → Economics → Notes
Lesson Plan
Grade: Date: 17/01/2026
Subject: Economics
Lesson Topic: classification of economies in terms of their level of development
Learning Objective/s:
  • Describe the main classification systems for economies (World Bank income groups, HDI, traditional labels, emerging markets).
  • Compare the criteria and thresholds used in each system.
  • Analyse a country's data to classify its level of development using at least two systems.
  • Evaluate the limitations of income‑based classifications.
Materials Needed:
  • Projector or interactive whiteboard
  • Slide deck with classification tables
  • Handout summarising thresholds and key indicators
  • Worksheets with practice classification questions
  • World Bank & UNDP data printouts (optional)
 Introduction:
Begin with a quick poll: which countries do students consider “developed” and why. Review prior knowledge of GDP per‑capita and human development concepts. Explain that today’s success criteria are to correctly classify economies using multiple systems and to justify the chosen label.
Lesson Structure:
  1. Do‑now (5') – Students match country names to income groups on a sticky‑note board.
  2. Mini‑lecture (10') – Present World Bank income groups and HDI categories with tables.
  3. Guided practice (12') – In pairs, analyse a data sheet for Country X and determine classification for two systems.
  4. Whole‑class debrief (8') – Discuss answers, highlight limitations and the emerging‑market label.
  5. Extension activity (10') – Students create a quick infographic of the four World Bank groups.
  6. Check for understanding (5') – Exit ticket: write one strength and one weakness of each classification system.
Conclusion:
Summarise how the different systems complement each other and why no single metric fully captures development. Collect exit tickets as a retrieval check. Assign homework to research a chosen country’s current classification and prepare a brief report.