Economics · Year 2 · Week 7

Time Periods and Method of Production

Strand
Firms’ Innovative Decision Making
Sub-strand
Production of Goods and Services
Content standard
Demonstrate understanding of Revenue Concepts
Learning outcome
Establish the relationships Through verbal, non-verbal, writing Creating equal opportunities for all learners to Communication: GESI: among Total Revenue (TR), and presentation participate in class, through the use of balanced gender Average Revenue (AR), and groups leads to; Marginal Revenue (MR). Ability to use excel to present their tolerance and respect for one another. Digital Literacy: results awareness of themselves and others taking into consideration their biases and stereotypes. Through data collection and analysis Research Skills: (cid:87)(cid:396)(cid:381)(cid:373)(cid:381)(cid:410)(cid:349)(cid:374)(cid:336)(cid:3)(cid:286)(cid:272)(cid:381)(cid:374)(cid:381)(cid:373)(cid:349)(cid:272)(cid:3)(cid:272)(cid:346)(cid:258)(cid:374)(cid:336)(cid:286)(cid:3)(cid:258)(cid:374)(cid:282)(cid:3)(cid:258)(cid:282)(cid:448)(cid:381)(cid:272)(cid:258)(cid:410)(cid:286)(cid:3)(cid:296)(cid:381)(cid:396)(cid:3)(cid:400)(cid:381)(cid:272)(cid:349)(cid:258)(cid:367)(cid:3) (cid:361)(cid:437)(cid:400)(cid:410)(cid:349)(cid:272)(cid:286)(cid:3)(cid:296)(cid:381)(cid:396)(cid:3)(cid:367)(cid:258)(cid:271)(cid:381)(cid:437)(cid:396)(cid:3)(cid:349)(cid:374)(cid:448)(cid:381)(cid:367)(cid:448)(cid:286)(cid:282)(cid:3)(cid:349)(cid:374)(cid:3)(cid:381)(cid:272)(cid:272)(cid:437)(cid:393)(cid:258)(cid:410)(cid:349)(cid:381)(cid:374)(cid:258)(cid:367)(cid:3)(cid:346)(cid:258)(cid:460)(cid:258)(cid:396)(cid:282)(cid:400)(cid:856) Ability to plot and draw the curves Creativity: Tolerance, friendliness, open- National Core Values: mindedness, patience, commitment and integrity (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) (cid:3) ECONOMICS | 67 (cid:3)
Learning indicator
Sketch Total, Average and Marginal Revenues curves

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