Business Studies - Junior Secondary 2 - Market
Market
Market
TERM: 1ST TERM
WEEK SIX
Class: Junior Secondary School 2
Age: 13 years
Duration: 40 minutes of 5 periods each
Date:
Subject: BUSINESS STUDIES
Topic: MARKET
SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to
I.) Define the term Market
II.) List the Features of a Market
III.) Types – Capital Market and Money Market
IV.) Commodity Market Institutions and Instruments traded in each Market
INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source
INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures,
INSTRUCTIONAL PROCEDURES
PERIOD 1-2
|
PRESENTATION |
TEACHER’S ACTIVITY |
STUDENT’S ACTIVITY |
|
STEP 1 INTRODUCTION |
The teacher explains the concept of market and discuss the the Features of a Market |
Students listens attentively to the teacher |
|
STEP 2 EXPLANATION |
Teacher the types of market– Capital Market and Money Market and describe the commodity Market Institutions and Instruments traded in each Market |
Students exhibit attentiveness and active engagement |
|
STEP 3 NOTE TAKING |
The teacher writes a summarized note on the board |
The students copy the note in their books |
NOTE
MARKET
A market refers to a physical or virtual place where buyers and sellers come together to exchange goods, services, or assets. It is a mechanism through which prices are determined based on supply and demand interactions.
Features of a Market
I.) Buyers and Sellers: Participants who engage in transactions to exchange goods, services, or assets.
II.) Price Mechanism: Prices are determined through supply and demand dynamics.
III.) Competition: Multiple buyers and sellers compete to achieve favorable prices.
IV.) Regulation: Markets may be regulated to ensure fair practices and protect participants.
V.) Market Information: Availability of information influences decision-making and market efficiency.
VI.) Market Size: Markets can vary in size from local, regional, national, to global scales.
Types – Capital Market and Money Market
I.) Capital Market: Deals with long-term securities (over one year) such as stocks and bonds. It facilitates the raising of long-term funds for businesses and governments to finance capital expenditures.
II.) Money Market: Deals with short-term securities (up to one year) such as treasury bills, commercial paper, and certificates of deposit. It facilitates short-term borrowing and lending among financial institutions and corporations.
Commodity Market Institutions and Instruments traded in each Market
Commodity Market
- Institutions: Commodity exchanges such as the Chicago Mercantile Exchange (CME Group), Multi Commodity Exchange (MCX), and London Metal Exchange (LME).
- Instruments traded: Physical commodities such as agricultural products (wheat, corn), metals (gold, silver), energy resources (crude oil, natural gas), and other raw materials.
Capital Market
- Institutions: Stock exchanges (e.g., New York Stock Exchange, NASDAQ), bond markets, and investment banks.
- Instruments traded: Stocks (equities), bonds (government and corporate), derivatives (options, futures), and other securities representing ownership or debt in companies or governments.
Money Market
- Institutions: Commercial banks, central banks, and money market mutual funds.
- Instruments traded: Treasury bills, certificates of deposit (CDs), commercial paper, repurchase agreements (repos), and short-term government and corporate debt securities.
EVALUATION: 1. Define the term Market
CLASSWORK: As in evaluation
CONCLUSION: The teacher commends the students positively