Lesson Plan

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Lesson Plan
Grade: Date: 17/01/2026
Subject: Business Studies
Lesson Topic: appreciation and depreciation of an exchange rate
Learning Objective/s:
  • Describe what exchange‑rate appreciation and depreciation mean in both direct and indirect quotations.
  • Explain the main economic factors that cause a currency to appreciate or depreciate.
  • Calculate the impact of exchange‑rate changes on import and export costs.
  • Analyse how appreciation or depreciation influences business decisions such as pricing, sourcing, and foreign investment.
Materials Needed:
  • Projector or interactive whiteboard
  • Printed worksheets with exchange‑rate tables
  • Calculator or spreadsheet software
  • Sample business case handouts
  • Whiteboard markers
 Introduction:
Begin with a quick poll: which currencies have students noticed getting stronger or weaker this year. Review the definition of an exchange rate and connect it to everyday purchases. State that by the end of the lesson they will identify appreciation and depreciation and calculate their effects on business costs.
Lesson Structure:
  1. Do‑now (5'): Students answer a short question on recent currency news and submit responses.
  2. Mini‑lecture (10'): Define exchange rates, direct/indirect quotations, and illustrate appreciation/depreciation with simple examples.
  3. Guided practice (12'): Work through the cost‑calculation example using calculators or a spreadsheet.
  4. Group activity (15'): Analyse a case study of a UK exporter facing a stronger pound; discuss impacts on pricing and profit.
  5. Causes discussion (8'): Brainstorm and record on the board the factors that drive currency movements.
  6. Check for understanding (5'): Quick quiz/exit ticket (e.g., Kahoot) covering key definitions and calculations.
Conclusion:
Recap the definitions of appreciation and depreciation and their business implications. Students complete an exit ticket summarising one way a change in the exchange rate could affect a company’s decisions. Assign homework: complete a worksheet calculating the cost impact of a 5% exchange‑rate change on a given import scenario.