Production of Goods and Services · SHS3 Economics

Lesson notes

Learning Objectives

Indicator: 3.2.1.LI.3 - Identify price discrimination in the market.

By the end of the lesson, learners can:

Define price discrimination in their own words and distinguish it from normal pricing practices.
Identify the three degrees (types) of price discrimination with real examples from Ghanaian markets and services.
Explain the conditions necessary for a firm to successfully practise price discrimination.
Classify given market scenarios as first, second, or third degree price discrimination with reasons.
Evaluate the benefits and drawbacks of price discrimination for firms, consumers, and society, and defend their position in a class discussion.

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Curriculum details

Strand: Firms' Innovative Decision Making (Strand 2)
Sub-strand: Production of Goods and Services (2.1)
Content standard: 3.2.1.CS.2 - Demonstrate knowledge and understanding of Equilibrium of firms in an Industry and how prices are discriminated. 3.2.1.LO.1 Describe Economies of scale and Diseconomies of scale. 3.2.1.LO.2 Compare Economies of scale to Diseconomies of scale.
Indicator: 3.2.1.LI.3 - Identify price discrimination in the market.
Suggested placement: Semester 1, Week 12 (Week 12 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. 100

Exemplars (from the NaCCA curriculum)

Talk for Learning Approaches (TfL): Develop activities leading to quality discussions price discrimination. Pay attention to learners approaching proficiency. Learners learn how to respect individuals of different beliefs, religions, and cultures. Learn to tolerate different views and be assertive as class discussion ensues.
Assessment (3.2.1.AS.3). The document marks these depth-of-knowledge levels for this indicator: Level 4 Extended critical thinking and reasoning.
Teaching and Learning Resources:
- Pens,
- Exercise books
- Markers
- White board
- Computers
- Internet,
- Search engines
- Projectors
- ICT lab