Lesson Plan

Lesson Plan
Grade: Date: 25/02/2026
Subject: Economics
Lesson Topic: Definitions, advantages and disadvantages of quotas, e.g. for the extraction of natural resources
Learning Objective/s:
  • Describe what a quota is and its purpose in natural‑resource extraction.
  • Explain at least three advantages and three disadvantages of using quotas.
  • Analyse how quotas function within a mixed economic system and evaluate their impact on sustainability and market stability.
Materials Needed:
  • Projector and screen
  • Printed handout summarising advantages/disadvantages
  • Whiteboard and markers
  • Worksheet with a quota case study
  • Exit‑ticket slips
Introduction:

Begin with a quick scenario: “What would happen if a forest could be logged without any limits?” Connect to students’ prior knowledge of supply‑and‑demand and explain that today they will explore how governments use quotas to manage such resources. Success criteria are stated: students will be able to list key advantages and disadvantages and discuss the role of quotas in a mixed economy.

Lesson Structure:
  1. Do‑now (5'): short quiz on the definition of a quota.
  2. Mini‑lecture (10'): present the concept of quotas, mixed‑economy context, and key points using slides.
  3. Group analysis (15'): in pairs, examine the handout table and identify three advantages and three disadvantages; record findings.
  4. Case‑study activity (10'): each group works through a timber‑quota scenario and decides whether the quota is effective.
  5. Whole‑class discussion (5'): groups share conclusions; teacher highlights common themes.
  6. Exit ticket (5'): each student writes one advantage and one disadvantage of quotas.
Conclusion:

Summarise the main take‑aways: quotas aim to balance resource conservation with economic activity, but they can create enforcement challenges. Collect exit tickets as a retrieval check and assign homework to research a real‑world quota (e.g., fisheries) and prepare a brief reflection.