Lesson Plan for Senior Secondary 2 - Economics - Labour Market Iii

## Lesson Plan: The Labour Market III ### Subject: Economics ### Grade: Senior Secondary 2 (SS2) ### Duration: 60 minutes #### Topic: The Labour Market III --- ### Introduction (10 minutes) **1. Greeting and Objective Introduction:** - Greet the students and make them feel comfortable. - Introduce today’s topic: "The Labour Market III." - Briefly explain that we will delve deeper into the labour market, focusing on unemployment, wage determinations, and government interventions. **2. Recap of Previous Lesson:** - Ask students to recall key points from "The Labour Market II." - Highlight key aspects covered previously, such as demand and supply of labour, and factors affecting labour productivity. --- ### Instructional Activities (30 minutes) **1. Concept Explanation: (10 minutes)** - **Unemployment:** - Define unemployment and explain different types of unemployment (structural, frictional, cyclical, and seasonal). - Use real-world examples to illustrate each type. - **Wage Determination:** - Explain factors influencing wage rates (e.g., skills, education, experience, and market demand). - Discuss the equilibrium wage rate using demand and supply curves. - **Government Interventions:** - Overview of government policies affecting the labour market (minimum wage laws, unemployment benefits, job training programs). - Discuss the pros and cons of each intervention. **2. Interactive Discussion: (10 minutes)** - Engage students with questions: - What might cause an increase in structural unemployment in a technology-driven economy? - How do minimum wage laws impact both employees and employers? **3. Group Activity: (10 minutes)** - Divide students into small groups. - Assign each group to discuss a specific scenario and its impact on the labour market (e.g., technological advancement, economic recession, implementation of minimum wage). --- ### Practical/Application (15 minutes) **1. Case Study Analysis:** - Provide a case study of a country experiencing significant technological changes. - Students read and identify types of unemployment and government policies applied. - Discuss solutions to minimize unemployment due to technological advancements. **2. Role-Playing Exercise:** - Students role-play as government officials, employers, and employees. - Simulate a debate on raising the minimum wage. - Each group presents their stance and arguments. --- ### Conclusion (5 minutes) **1. Summary:** - Summarize the key points discussed: types of unemployment, factors affecting wages, and government interventions. - Highlight the importance of understanding the dynamics of the labour market. **2. Questions and Clarification:** - Open the floor for any questions or clarifications. **3. Homework Assignment:** - Assign a short essay on how automation might affect future employment in various sectors. - Instruct students to include potential government policies to manage these changes. --- ### Materials Needed - Whiteboard and markers - Handouts of case studies - Copies of role-playing scenarios - Projector (if using slides) --- ### Evaluation - Students’ participation in group activities and class discussions. - Assessment of role-play effectiveness and realism. - Review of the homework essays for understanding and application of concepts. --- ### Follow-Up - Plan a quiz for the next lesson to assess understanding of the labour market concepts. - Introduce the next topic linking from the outcomes of "The Labour Market III." --- **Note:** Tailor the material and interactivity level to suit the students' backgrounds and prior knowledge.