| Lesson Plan |
| Grade: |
Date: 25/02/2026 |
| Subject: Economics |
| Lesson Topic: Definitions, drawing and interpretation of diagrams, advantages and disadvantages of subsidies |
Learning Objective/s:
- Describe the definition and purpose of subsidies in a mixed economy.
- Explain how a subsidy shifts supply and affects market equilibrium using a diagram.
- Analyse the advantages and disadvantages of subsidies, considering efficiency, equity and fiscal impact.
- Evaluate whether a specific subsidy is appropriate based on given criteria.
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Materials Needed:
- Projector or interactive whiteboard
- Slides with subsidy diagram
- Printed worksheet with supply‑demand graph template
- Markers and chart paper
- Calculator (optional)
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Introduction:
Begin with a quick poll: “What government support have you seen in everyday life?” Connect students’ responses to the concept of subsidies. State that by the end of the lesson they will be able to draw and interpret a subsidy diagram and weigh its pros and cons.
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Lesson Structure:
- Do‑now (5’) – students list examples of subsidies from recent news headlines.
- Mini‑lecture (10’) – define mixed economy and subsidies; present slide with key points.
- Diagram activity (15’) – students draw a supply‑demand diagram showing a subsidy, label the shift and calculate new prices.
- Group analysis (10’) – each group lists two advantages and two disadvantages, referencing their diagram.
- Whole‑class discussion & formative check (5’) – teacher asks guiding questions; students complete an exit‑ticket prompt.
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Conclusion:
Summarise how subsidies alter market outcomes and the trade‑offs involved. Ask students to write one key takeaway on a sticky note as an exit ticket. Assign homework to research a real‑world subsidy and prepare a brief critique.
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