Scribd Logo
Upload

Welcome to Scribd!

  • 2 views

    U 5 LP

    Uploaded by

    Suganya R

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    U 5 LP

    Uploaded by

    Suganya R
    2 views12 pages

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    2 views12 pages

    U 5 LP

    Uploaded by

    Suganya R

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 12

    VELAMMAL VIDHYASHRAM

    LESSON PLAN
    NO OF SESSION

    CLASS XII
    NAME OF THE STAFF
    SUBJECT ECONOMICS
    UNIT NO MACRO ECONOMICS UNIT 5
    NAME OF THE LESSON/TOBALANCE OF PAYMENTS
    LEARNING OBJECTIVES Explain briefly about the Foreign Exchange Rate
    Analyse the the objectives of BOP
    Differentiate between currency Depreciation and currency Appreciation, Devaluation &
    Understanding the components of BOP, Autonomous and Accomodating Items
    List the different types of FER. Explain the meaning of each type of FER. Understand

    CONCEPT/CONTENT Develop capability to solve numerical based questions.


    Meaning and Objectives
    BOP - Meaning and components
    BOP - Surplus & Deficit, Devaluation & Depreciation,Fixed and Flexible Exchange Rat
    Balanced, Surplus and Deficit Budget
    Deficit (Disequilibrium )in BOP

    TEACHING LEARNING PREREQUISITE Warm-up: Briefly discuss how economic transactions are
    PEDAGOGY As per Double Entry System, How inflows and
    Ask the students to share how BOP is treated a

    EXPLAIN Meaning of FER, Currency depreciation & Currency Appreciation , Typ


    Balance
    A countryofthat
    trade (BOT)more
    imports is thegoods
    difference betweenthan
    and services the valu
    it ex
    Viewed alone, the balance of trade is not sufficient to
    The United States regularly runs a trade deficit, while Chi gau
    BOT=Exports−Imports

    ENGAGE Class discussion among the student about how Balance o

    EXTENDED LEARNING (HOTS)

    TEACHING AIDS Whiteboard or projector, Markers or pens,Handouts with key terms and diagrams (opti

    TEACHER'S ACTIVITY Activity (20 minutes):Group Activity (Optional): Divide students into small groups and a
    There is a political cycle of 5 years. At the end of 5 years a team’s balance of seats go
    The aim of the Balance of Payments Game is for students to make as big a balance of
    STUDENTS' ACTIVITY Epitomize the definition of BOP,BOT,Three components of capital account of BOP, FE

    EXTENDED LEARNING ‘Visits of Foreign countries for sight seeing etc. by the people of India is on the rise.’ Pr

    HW/ASSIGNMENT Assignment: BOP Analysis Worksheet (Optional): Provide students with a worksheet w
    Will there be any official reserve transaction

    LET

    TEACHERS REFLECTION

    LET PERFORMANCE
    (CLASS AVG/NO PASS/NO FAIL)

    REMEDIATION
    ppreciation, Devaluation & Depreciation.
    ccomodating Items
    type of FER. Understand what each type of FER indicates.

    nd Flexible Exchange Rate,BOT.

    conomic transactions are categorized.


    System, How inflows and outflows of foreign exchange are recorded?
    hare how BOP is treated as an important indicator of an economy's health

    n & Currency Appreciation , Types of FER'S ,Demand for FE, Supply of FE, Determination of ER,Changes in ER,FER,AMeaning of BOP,BOT,Components
    fference
    ods betweenthan
    and services the value of a in
    it exports country's
    terms ofimports andaexports
    value has for a while
    trade deficit given aperiod andthat
    country is the largest
    exports component
    more of services
    goods and a country's ba
    than
    ade is not sufficient to gauge the health of an economy. It is
    s a trade deficit, while China usually runs a large trade surplus. important to consider the balance of trade with respect to other eco

    dent about how Balance of Payments in Global Transactions: Why does it Matter? Balance of Trade(BOT):Definition, Calculatio

    terms and diagrams (optional),Access to BOP-FER (online or printed),Worksheets or activity sheets (optional)

    ts into small groups and assign each group who decide which policies they are going to use and when. Each policy has two eff
    eam’s balance of seats goes back to 0. If at the end of each 5 year period the team has a negative number of seats they are fin
    make as big a balance of payments surplus as possible!
    apital account of BOP, FER,Sources of Demand & supply of FE,Effects of Increase in Demand for FE. Game Activity.

    e of India is on the rise.’ Presuming other factors being constant, discuss the effects of the given statementon Foreign Exchange

    udents with a worksheet with the role of government with respect to equilibrium in the BOP. The worksheet can guide them to a
    official reserve transaction to balance the BOP deficit or surplus ? Numerical problems.
    aning of BOP,BOT,Components of BOP,Autonomous & Accomaodating items,Deficit (Disequilibrium in the BOP'S)
    mponent
    goods andof services
    a country's balance
    than of payments
    it imports (BOP).
    has a trade surplus.
    e with respect to other economic indicators, business cycles, and other indicators.

    BOT):Definition, Calculation and Examples.

    n. Each policy has two effects - one on the balance of payments (+/-) and the other on the number of seats you have in governm
    mber of seats they are fined 200 points from their balance of payments. The Balance of Payments balance runs throughout the
    E. Game Activity.

    menton Foreign Exchange rates with reference to the Indian Economy.

    sheet can guide them to analyze the structure of BOP account, Items included in BOP, Given the following items -how much is
    seats you have in government.
    alance runs throughout the whole game.
    owing items -how much is the overall balance in the given case?
    Epitomize the definition of BOP,BOT,Three componen
    OP,BOT,Three components of capital account of BOP, FER,Sources of Demand & supply of FE,Effects of Increase in Demand
    ts of Increase in Demand for FE. Game Activity.

    You might also like