aidemia--modules-lessonstartideas_type | Give a creative idea how to begin a lesson |
Which subject | Business |
What age group | Year or Grade 9 |
What topic | Breakeven |
Quantity | 1 |
Any other preferences |
To engage Year 9 students in the concept of breakeven by connecting the topic to real-world scenarios they can relate to.
Imagine you're the proud owner of a brand new chocolate shop, "ChocoDelight". You’ve invested time, effort, and money into making it the sweetest spot in town. But before you can start dreaming about swimming in pools of chocolate, there's a critical question you need to answer:
How many chocolate bars do you need to sell just to cover your costs?
Start with a quick discussion. Ask students:
Record their ideas on the board, encouraging them to think about both fixed costs (like rent and salaries) and variable costs (like ingredients).
Next, present the following scenario to the class:
“ChocoDelight has the following costs each month:
Your mission: Calculate how many chocolate bars ChocoDelight must sell to break even. Get into pairs, sketch out your thoughts, and see if you can figure it out before we dive deeper into today's topic!”
After allowing 5-10 minutes for discussion and calculations, reconvene the class and invite students to share their findings.
“Great work! Many of you have touched on the concept of breakeven – that magical moment when your revenue covers your costs. Today, we’ll explore exactly how we can calculate this and why it’s crucial for any business, especially our very own ChocoDelight!”
By creatively connecting the lesson on breakeven to a relatable chocolate shop scenario, students are likely to be engaged and curious, setting a strong foundation for understanding the financial concepts they will explore further in the lesson.