Lesson Notes By Weeks and Term - Junior Secondary School 3

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Week: 4

Term: 1st Term

Class: Junior Secondary School 3

Age: 14 years

Duration: 40 minutes of 2 periods

Date:

Subject: Agriculture

Topic:-       Pricing

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

  1. Define ‘price’ and ‘market’
  2. Explain the concept of demand and supply
  3. State the factors that determine pricing of Agricultural produce

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 revises the previous lesson on branding

Students pay attention

STEP 2

EXPLANATION

She introduces the topic by explaining the meaning of price and market

Students pay attention and participates

STEP 3

DEMONSTRATION

She explains the concept of demand and supply

She also states the factors that determine the pricing of Agricultural produce

Students pay attention and participate

STEP 4

NOTE TAKING

The teacher writes a summarized note on the board

The students copy the note in their books

 

NOTE

PRICING

Price means is the amount of money required, expected or given in

payment for something

 

A market is a place where buyers and sellers make exchanges.

A market can also defined as the sum total of all the buyers and sellers in

The area or region under consideration. The area may be the earth, or

countries, regions, states, or cities. The value, cost and price of items

traded are as per forces of supply and demand in a market.

 

THE CONCEPT OF DEMAND AND SUPPLY

A consumers' willingness and ability to buy a product (demand) and

the sellers' willingness and ability to produce and sell the product

(supply) determine the market price of agricultural commodities. The

demand for agricultural products is influenced by many factors, including

consumer tastes and preferences.

 

The law of supply and demand combines two fundamental economic

principles describing how changes in the price of a resource,

commodity, or product affect its supply and demand. As the price

increases, supply rises while demand declines. Conversely, as the price

drops supply constricts while demand grows.

 

FACTORS THAT DETERMINE THE PRICING OF AGRICULTURAL PRODUCE

  1. Seasons
  2. Production, transportation, advertising and marketing costs
  3. Quantity and quality of the produce
  4. forces of demand and supply
  5. Distance to market

 

EVALUATION:    1. Define

  1. price
  2. market
  3. State the concept of demand and supply
  4. Discuss the factors that determine the prices of agricultural produce

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively