Future International School

DAILY LESSON PLAN

Subject:

Business Studies

Teacher

Hamad bin Rashid

Name of Lesson

Chapter 10, Section 1 The Global Marketplace

Standard Objective

5. Voluntary exchange occurs only when all participating parties expect to gain. This is true for trade among individuals or organizations within a nation, and among individuals or organizations in different nations

Key Words

Specialization, opportunity cost, supply/demand, comparative advantage, interdependence

Student Competency

Decision making, team working, collaboration

Date

For Grade 11
Period

16/11/2016

2. of 2.

Lesson Objective(s) for each Period

Understand the importance of comparative advantage as opposed to absolute advantage

Critique the global economical interdependence based on the activity

Resources required
Projector, packets with materials
Use of Technology / tools / items etc.
Application of knowledge in the Real World
Integration of other subjects / UAE Culture & Heritage

Be able to replace Country A/B/C with actual countries that trade

actual resources from examples previously shared by students.

Timing
5 minutes


5 minutes

20-40 minutes

5 minutes
5 - 7 minutes

Identify what the UAE trades with other nations, what it produces and what it
does not produce itself.

My Identity Program

Activities
Starter Activity: Ask students to recall what absolute and comparative advantage means. Display the definitions using the projector.
Activity 1:
Divide the class into 3 preassigned groups as Country A, Country B and Country C with their packets.
Introduce the objective of the game by reading the instructions and displaying it using the projector.
Directing the students at the posters around the class and its purpose. Give minimal instructions and allow self-directed understanding.

Activity 2:
The students are informed to begin working on the activity.
Students assigned as bankers/traders will be be able to sell papers, give loans and keep track of any loans provided to deduct it at the end.
After the first 30 minutes, students are announced of the price change.
Colored paper, extra pair of scissors can be kept to be introduced after a random period.

Activity 3:
Announcement of the time ending 10 minutes before the period ends.
Students will go back to their seats and count the money collected to see who earned the most.

Plenary: Students are again shown the visual of the questions in order to discuss the answers
Students from ever Country will be answering questions about their case as a group. The questions will be displayed on the board.
One person from each group will share their response with the class.

Interaction
[ ] T-S [ ] S-T [ ] S-S
[ ] T-S [ ] S-T [ ] S-S

[ ] T-S [ ] S-T [ ] S-S

[ ] T-S [ ] S-T [ ] S-S

[ ] T-S [ ] S-T [ ] S-S

Differentiation in Teaching & Learning

Differentiation in Teaching & Learning
Differentiation in Teaching & Learning
For High Achievers
For Average Students
For Intervention Students
How did you achieve your success? What problems
What factors limited your success? What strategies did you pursue?

did you experience and what strategies did you use to
Which strategies failed and why?

overcome them?



Home Assignment / TBR /TBA
For next class, there will be a discussion on the role of specialization, supply and demand, and comparative advantage based on the activity.
Teachers Evaluation / Feedback on Lesson
(To be completed AFTER the lesson)
HODs / Heads Remarks:

[ ] Achieved my Lesson Objective(s) [ ] Need to carry forward for next period [ ] Was able to use Technology in the class
What Went Well
Even Better If: