Production of Goods and Services · SHS3 Economics

Lesson notes

Learning Objectives

Indicator: 3.2.1.LI.2 - Compare Economies of scale to Diseconomies of scale.

By the end of the lesson, learners can:

Construct a comparison table showing at least three differences and two similarities between economies of scale and diseconomies of scale.
Analyse a given business scenario and classify the cost changes described as either economies or diseconomies of scale, justifying their reasoning.
Explain how the size of a firm’s operations affects its average cost of production, using concrete Ghanaian business examples.
Evaluate the point at which economies of scale turn into diseconomies of scale and explain why this happens.
Present findings from group research on economies and diseconomies of scale using digital tools such as PowerPoint.

Sign in with your phone number to read the full note and download the GES plan - free.

Sign in with phone number

Curriculum details

Strand: Firms' Innovative Decision Making (Strand 2)
Sub-strand: Production of Goods and Services (2.1)
Content standard: 3.2.1.CS.1 - Demonstrate knowledge and understanding of Economies and Diseconomies of Scale. 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.2 - Compare Economies of scale to Diseconomies of scale.
Suggested placement: Semester 1, Week 8 (Week 8 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. 99

Exemplars (from the NaCCA curriculum)

Group Work/Collaborative Learning:
- In your mixed gender and ability groups, compare Economies and Diseconomies of scale and outline clearly the differences and similarities. Present your work using PowerPoint.
- Through group work and collaboration, learners learn to value and work in favour of a democratic and inclusive society. This is achieved through interactions in the groups. Promote tolerance and patriotism by encouraging receptiveness to divergent views.
Assessment (3.2.1.AS.2). The document marks these depth-of-knowledge levels for this indicator: Level 4 Extended critical thinking and reasoning.
Teaching and Learning Resources:
- Textbooks
- Computers
- Internet
- Search engine such as google web etc.
- ICT Lab
- Pens
- Exercise books
- Marker
- White board