The+Lesson+Plan

__**The Lesson Plan**__

__**Outcome**__: Demonstrate the understanding of the world as a set of related systems. __**Core Knowledge**__: The role of savings and investments in the economy The lack of savings and how it affects an economy i.e. inflation Governments monetary policy used to curb inflation. __**Prior Knowledge:**__ The importance of saving and investments

__**The Process**__ **Step1** Learners will be placed in group of three and will be given a handout.

**Step 2** 15 minutes will be allotted to revise the handout after which they will be asked to formulate a definition for inflation.

**Step 3** Within the groups learners will discuss and understand the concept of inflation.

**Step 4** From the definition and causes and effects aided by teacher, learner should record the information given.

**Step 5** Learners will be knowledgeable about inflation and how it affects the GDP and the standard of living.