Unit Plan
TN-LP-ECON-GR6-88044 · v3.5
Core Rules of Trade
Grade 6 · Economics · Macroeconomics and Trade · Trade · International Baccalaureate
Grade
Grade 6
Subject
Economics
Unit
Macroeconomics and Trade
Topic
Trade
Subtopic
Core Rules of Trade
Curriculum
International Baccalaureate
Duration
900 minutes
Difficulty
Mixed
Teacher name
Class
Date
Learning objectives
- Recognise and define core rules of trade accurately.
- Explain the underlying rule of core rules of trade in your own words.
- Apply core rules of trade to routine and unfamiliar economics problems.
- Justify a chosen method and spot errors in another student's work.
Success criteria
- I can state what core rules of trade means without notes.
- I can complete a worked example with correct setting out.
- I can solve an unfamiliar question and explain my reasoning.
Prerequisite knowledge
- · Vocabulary from earlier in Trade.
- · The immediately preceding subtopic in Macroeconomics and Trade.
- · Number, notation and recording conventions for Grade 6.
Key vocabulary
Core Rules of Trade · Trade · Macroeconomics and Trade · Method · Justify · Evidence
Materials
- · Core Rules of Trade worksheet — one per student
- · Mini-whiteboards and pens
- · Exit ticket slips
- · Working-wall vocabulary cards
Technology
- · Projector or interactive display
- · Slide outline (PowerPoint export)
- · Optional: student devices for the interactive worksheet
- · Low-tech alternative: printed model examples
Preparation checklist
- Print the student worksheet and the exit ticket
- Load the slide outline and the hook
- Prepare the three differentiation packs
- Set out practical or manipulative equipment
- Have the answer key to hand for live marking
Standards alignment
- · International Baccalaureate — Economics Grade 6: Trade strand
- · Macroeconomics and Trade unit outcome: apply core rules of trade accurately
- · Assessment objective: reason, justify and communicate in economics