Concept of Money, Financial… · SHS2 Economics

Lesson notes

Learning Objectives

Indicator: 2.4.2.LI.4 - Examine the advantages and disadvantages of taxation.

By the end of the lesson, learners can:

State at least four advantages of taxation to the Ghanaian economy and society.
State at least four disadvantages (or disincentives) of taxation on individuals and businesses in Ghana.
Evaluate a given scenario involving tax policy and determine whether the effects described are advantages or disadvantages, justifying their reasoning.
Use evidence from their own environment (e.g., road construction, school feeding, market tolls) to support their views on the benefits and burdens of taxation.
Debate, respectfully and with tolerance, whether a particular tax measure in Ghana does more good or more harm.

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Curriculum details

Strand: Government Economic Policy and Trade (Strand 4)
Sub-strand: Concept of Money, Financial Institutions and Public Finance (4.2)
Content standard: 2.4.2.CS.1 - Demonstrate knowledge and understanding of the concept money and financial institutions in an economy. 2.4.2.LO.1 Employ relevant information in the environment to examine the reasons for holding money, role of financial institutions and taxation in an economy.
Indicator: 2.4.2.LI.4 - Examine the advantages and disadvantages of taxation.
Suggested placement: Semester 2, Week 12 (Week 32 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.
Curriculum reference: NaCCA curriculum document, p. 83

Exemplars (from the NaCCA curriculum)

Experiential Learning: Show two different videos or role-play on advantages and disadvantages of taxation. Give more time to learners approaching proficiency.
Assessment (2.4.2.AS.4). The document marks these depth-of-knowledge levels for this indicator: Level 4 Extended critical thinking and reasoning.
Teaching and Learning Resources:
- Marker
- White board
- Computers
- Internet
- Projectors
- CDs (recorded video)
- Pens
- Exercise books