Lesson plan
LESSON: UNIT 11. 4B
School: NIS Oskemen
Date: 6. 05. 2014
Teacher name: Grigoryeva E. A.
CLASS: 11С, D, A
Number present: 6
absent:
Learning objectives(s) that this lesson is contributing to
Distinguish merit and demerit goods and their characteristics
Lesson objectives
Learners will:
oo Define and give examples of merit and demerit goods.
oo Analyse the over-, and under-consumption of these goods, hence market failures.
oo Evaluate government policies concerned with merit and demerit goods.
Language objective
Learners can explain different economic concepts and discuss their usefulness within a group situation
Subject-specific vocabulary and terminology:
externality/externalities external effect(s)
positive/negative externalities
production, consumption
market failure
private cost, social cost
private benefit, social benefit
Useful sets(s) of phrases for dialogue and writing:
Negative externalities plus private cost will be equal to social cost.
Positive externality plus private benefit will be equal to social benefit.
Positive/negative externalities can cause resource misallocation.
Resource misallocation is an example of market failure.
Positive/negative externalities distort the price mechanism.
We can use supply and demand analysis to show how externalities can cause market failure.
Previous learning
Learners should understand how price mechanism might work in a free market economy, covered in unit 11. 1B.
Learners should be familiar with the concepts of economic efficiency (particularly allocative efficiency), covered in unit 11. 3B.
Learners should be able to use supply and demand analys
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