SHS1 Economics · Semester 2 Week 1: Supply of Goods and Services

Lesson notes

Learning Objectives

Indicator: 1.2.2.LI.1 - Describe Supply and identify the types of supply.

By the end of the lesson, learners can:

Define supply in economic terms, distinguishing it from the everyday use of the word “supply.”
Explain the difference between individual supply and market supply, giving a Ghanaian example of each.
Identify and describe at least four types of supply (market supply, joint supply, composite supply, and short-run versus long-run supply).
Collect data on supply from sellers in the school canteen or a nearby market using a simple ICT tool such as a spreadsheet or a data collection app.
Present a short group report on the supply data they collected, showing respect for the sellers and for group members with different views.

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Curriculum details

Strand: Firms' Innovative Decision Making (Strand 2)
Sub-strand: Supply of Goods and Services (2.2)
Content standard: 1.2.2.CS.1 - Demonstrate understanding of basic supply concepts. 1.2.2.LO.1 Use relevant information from the environment to explain the meaning, types and the law of supply.
Indicator: 1.2.2.LI.1 - Describe Supply and identify the types of supply.
Suggested placement: Semester 2, Week 1 (Week 21 of the year)
Our suggestion, laid out in curriculum order across three terms of twelve weeks. NaCCA does not fix the week, so follow your school's scheme of learning.
Source document note: The official curriculum document has a fault in this entry, so the curriculum text above is transcribed exactly as printed:

content standard text - p.39 the document prints the content-standard code as "1.2.2.CS1", with no separator before the final digit
Curriculum reference: NaCCA curriculum document, p. 39

Exemplars (from the NaCCA curriculum)

Experiential Learning: Visit a local market or school canteen in small groups to collect data on supply using ICT tools and present a report. Embrace diversity and practice inclusion during and after the visit to the school canteen or a nearby market. Encourage learners to respect and tolerate one another during and after the task.
Assessment (1.2.2.AS.1). The document marks these depth-of-knowledge levels for this indicator: Level 2 Skills of conceptual understanding; Level 4 Extended critical thinking and reasoning.
Teaching and Learning Resources:
- Pen
- Exercise books
- Computer
- Projectors
- Markers
- White board
- ICT Lab