Connect with us

Hi, what are you looking for?

Secondary School Lesson Notes and Scheme of Work

JSS3 Third Term Business Studies Lesson Note and Scheme of Work

Sponsored Links

JSS3 Third Term Business Studies Lesson Note and Scheme of Work


Week 1: Introduction to Economics

Lesson Note: Define economics and its branches. Discuss basic economic concepts such as scarcity, opportunity cost, and factors of production.

Activities: Group discussion on current economic issues, analysis of economic news articles.


Week 2: Microeconomics and Macroeconomics

Lesson Note: Differentiate between microeconomics and macroeconomics. Discuss their scopes and relevance in understanding economic systems.

Activities: Class debates on microeconomic and macroeconomic policies, case studies on their practical applications.


Week 3: Demand and Supply

Lesson Note: Explore the principles of demand and supply, factors influencing them, and their role in determining prices.

Activities: Market simulation activity, group projects analyzing demand and supply trends.


Week 4: Market Structures

Lesson Note: Discuss different market structures – perfect competition, monopoly, oligopoly, and monopolistic competition.

Activities: Group presentations on real-world examples of each market structure, class discussion on market dynamics.


Week 5: Economic Systems

Lesson Note: Introduce various economic systems – traditional, command, market, and mixed economies. Discuss their characteristics.

Activities: Debate on the advantages and disadvantages of different economic systems, research on countries with specific economic systems.


Week 6: National Income and GDP

Lesson Note: Define national income and Gross Domestic Product (GDP). Discuss their importance in measuring a country’s economic performance.

Activities: Analysis of GDP data, group projects on factors influencing national income.


Week 7: Inflation and Unemployment

Lesson Note: Explore the concepts of inflation and unemployment, their causes, and their impact on the economy.

Activities: Research and presentation on historical periods of inflation and unemployment, group discussion on government policies to address them.


Week 8: Fiscal and Monetary Policies

Lesson Note: Discuss fiscal and monetary policies as tools for managing the economy. Explain the roles of government and central banks.

Activities: Simulation of a fiscal policy decision-making scenario, case studies on the effectiveness of monetary policies.


Week 9: International Trade

Lesson Note: Introduce the concept of international trade, discuss the benefits and challenges. Explore trade barriers and agreements.

Activities: Model United Nations-style debate on global trade issues, analysis of the impact of tariffs on specific industries.


Week 10: Economic Development

Lesson Note: Discuss the indicators and factors influencing economic development. Explore strategies for sustainable development.

Activities: Group projects on researching and presenting development strategies for a specific country, class discussion on global development challenges.


Week 11: Revision Week


Week 12: Examination Week


Week 13: School Dismissal Week

Lesson Note: Review key economic concepts from the term, discuss the role of individuals in contributing to economic development.

Activities: Q&A session, student reflections on the term, distribution of certificates or recognition.

Share This:
Click to comment

Leave a Reply

You May Also Like

Sponsored Links

You cannot copy content of this page