The Mixed Economic System ‘ ppt’ IGCSE Economics.

Complete Lesson.
Topic: * The Mixed Economic System * ’ppt’ IGCSE Economics… ‘Use these materials to engage your students, and relax. You can consistently produce A*s, As, and Bs.
**User guidelines: **

1. Duplicate the file. Delete the answers to the activities in one file and share to students before or during the class.
2. Project the file. Teach and / or discuss the content within 5 to 15 minutes of lesson time.
3. Let students work on the activities provided.
4. Watch and guide them individually or collectively as the needs arise, such that they understand and do the needful.
5. Use the activities as you find fit. Project the answers. Let students exchange and mark their own scripts for short and direct responses questions. Mark the detailed responses yourself. Best regards.

Lesson Objectives
At the completion of the lesson, all students should be able to;
Define the mixed economic system. Describe government intervention to address market failure – Definitions, drawing and interpretation of appropriate diagrams showing the effects of three government microeconomic policy measures: maximum and minimum prices in product, labour and foreign exchange markets; indirect taxation; and subsidies. Definitions only of; government microeconomic policy measures: regulation; privatisation and nationalisation; and direct provision of goods.The effectiveness of government intervention in overcoming the drawbacks of a market economic system.‘Class Activities – Key word(s) search’ ‘Multiple Choice Tests’ ‘Answers.’