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Lesson No: - 1 Subject: -Economics Date:22/12/2017
School: - Nazareth School. Unit: - Introduction of Economics Time:40Minutes
Class: - 6th Topic: -Central problem of an Economy
Teaching Points: -
 A simple economy
 Central problem of an economy
Instructional Objective: -
Knowledge: -
The Pupils
 Definition of economics.
 know about central problem of an
economy.
Understanding: -
The Pupils: -
 Understand the valuable knowledge for
making decisions in everyday life.
Critical Thinking: -
The pupils: -
Teaching Aids: -
Picture of currency
Picture of paper note
Chat paper
Reference: -
Transitions a textbook for CBSE Economics.
 Critically examine about the concept of
economics.
Instructional Objective: -
Skill: -
The Pupils: -
Knowledge in various applied areas of the economics.
Previous Knowledge Teacher’s Activity Pupil’s Activity
Introduction: -
 We have learnt in the previous
class, Adam Smith,
considered to be the founding
father of
modern Economics,
 defined Economicsas the
study of the nature and
Teacher makes an opening
statement:
Dear student, today we will learn a
lesson in economics.
Let me ask you few question:
Listen and prepare
for the Lesson.
causes of nations' wealth or
simply as the study of wealth.
The central point in Smith's
definition is wealth creation.
 Marshall “Economics is a
study of mankind in the
ordinary business of life. It
examines that part of
individual and social action
which is mostclosely
connected with the attainment
and use of material requisites
of well-being”.
1. Who is the father of
economics?
2. Who gave this definition-
Economics as the study of the
nature and causes of nations'
wealth or simply as the study of
wealth. The central point
in Smith's definition is wealth
creation.
3. Who gave this definition-
“Economics is a study of
mankind in the ordinary business
of life. It examines that part of
individual and social action which
is mostclosely connected with
the attainment and use of
material requisites of well-being”.
 Adam Smith
Adam Smith
Marshall
 Statement of Aim: Today we shall learn about definition of economics.
Content Analysis Expected
Learning
Outcomes
Learning
Experience
Evaluations
Teacher’s
Activity
Pupil’s
Activity
Centralproblems of an economy:-
The problem of choice arises on
account of the pressure of three
interrelated facts, viz, human
wants are unlimited, means
required to satisfy these wants
are limited and means are
capable of being put to
alternative uses. There would be
no problem if the scarce means
had only a single use. However,
in reality, these scarce means
have alternative uses.
Thus, whenever the problems
of choice and scarcity arise,
economics is said to be
emerged, this is why, every
k- Details
about the
central
problem of
an economy.
U- Role of
the central
problem of
an economy.
Explanation: -
 Explain
the
Detail
about
central
problem
of an
econom
y
(what to
produce,
how to
produce
and for
 Stude
nts
Liste
n
atten
tively
 Stude
nts
obser
ve
the
pictur
e
 Stude
nts
 What is
meaning
of
Economic
s?
 What are
the
central
problem
of an
economy
?
economy has to face and solve
the following basic problems: -
whom to
produce)
.
Liste
n and
Note
down
the
point
.
Concluding Statement:
So today we have learned about the central problems of an economy.
Recapitulation Blackboard Summary
1. What are the central problems of an
economy
2. Who is the father of economics?
Draw the diagram and explain the concept
about central problems of an economy
Home Assignment: -
1. Write brief notes about Central problem of economy?
2. Write the definition about economics?

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Economics.

  • 1. Lesson No: - 1 Subject: -Economics Date:22/12/2017 School: - Nazareth School. Unit: - Introduction of Economics Time:40Minutes Class: - 6th Topic: -Central problem of an Economy Teaching Points: -  A simple economy  Central problem of an economy Instructional Objective: - Knowledge: - The Pupils  Definition of economics.  know about central problem of an economy. Understanding: - The Pupils: -  Understand the valuable knowledge for making decisions in everyday life. Critical Thinking: - The pupils: - Teaching Aids: - Picture of currency Picture of paper note Chat paper Reference: - Transitions a textbook for CBSE Economics.
  • 2.  Critically examine about the concept of economics. Instructional Objective: - Skill: - The Pupils: - Knowledge in various applied areas of the economics. Previous Knowledge Teacher’s Activity Pupil’s Activity Introduction: -  We have learnt in the previous class, Adam Smith, considered to be the founding father of modern Economics,  defined Economicsas the study of the nature and Teacher makes an opening statement: Dear student, today we will learn a lesson in economics. Let me ask you few question: Listen and prepare for the Lesson.
  • 3. causes of nations' wealth or simply as the study of wealth. The central point in Smith's definition is wealth creation.  Marshall “Economics is a study of mankind in the ordinary business of life. It examines that part of individual and social action which is mostclosely connected with the attainment and use of material requisites of well-being”. 1. Who is the father of economics? 2. Who gave this definition- Economics as the study of the nature and causes of nations' wealth or simply as the study of wealth. The central point in Smith's definition is wealth creation. 3. Who gave this definition- “Economics is a study of mankind in the ordinary business of life. It examines that part of individual and social action which is mostclosely connected with the attainment and use of material requisites of well-being”.  Adam Smith Adam Smith Marshall  Statement of Aim: Today we shall learn about definition of economics.
  • 4. Content Analysis Expected Learning Outcomes Learning Experience Evaluations Teacher’s Activity Pupil’s Activity Centralproblems of an economy:- The problem of choice arises on account of the pressure of three interrelated facts, viz, human wants are unlimited, means required to satisfy these wants are limited and means are capable of being put to alternative uses. There would be no problem if the scarce means had only a single use. However, in reality, these scarce means have alternative uses. Thus, whenever the problems of choice and scarcity arise, economics is said to be emerged, this is why, every k- Details about the central problem of an economy. U- Role of the central problem of an economy. Explanation: -  Explain the Detail about central problem of an econom y (what to produce, how to produce and for  Stude nts Liste n atten tively  Stude nts obser ve the pictur e  Stude nts  What is meaning of Economic s?  What are the central problem of an economy ?
  • 5. economy has to face and solve the following basic problems: - whom to produce) . Liste n and Note down the point . Concluding Statement: So today we have learned about the central problems of an economy. Recapitulation Blackboard Summary 1. What are the central problems of an economy 2. Who is the father of economics? Draw the diagram and explain the concept about central problems of an economy
  • 6. Home Assignment: - 1. Write brief notes about Central problem of economy? 2. Write the definition about economics?