SS1 Second Term Economics Lesson Note and Scheme of Work
SS1 Second Term Economics Lesson Note and Scheme of Work:
Week 1: Introduction to Macroeconomics
Lesson Note: Distinction between Microeconomics and Macroeconomics, key macroeconomic indicators.
Activities: Group discussion on the importance of macroeconomics, analysis of economic indicators.
Week 2: Unemployment
Lesson Note: Types of unemployment, causes, and consequences.
Activities: Role-play scenarios depicting different types of unemployment, discussion on potential solutions.
Week 3: Government and the Economy
Lesson Note: Government’s role in the economy, fiscal policy, and its tools.
Activities: Simulation of a government budget allocation, class debate on fiscal policy.
Week 4: Money and Monetary Policy
Lesson Note: Central bank functions, monetary policy tools, and their impact.
Activities: Analysis of a country’s recent monetary policy changes, group presentations.
Week 5: Economic Growth
Lesson Note: Factors influencing economic growth, measuring economic growth.
Activities: Case studies on countries experiencing rapid economic growth, discussions on challenges.
Week 6: Globalization
Lesson Note: Definition, advantages, and challenges of globalization.
Activities: Research and presentations on the impact of globalization on different countries.
Week 7: Balance of Payments
Lesson Note: Components of the balance of payments, causes of trade deficits/surpluses.
Activities: Group analysis of a country’s recent balance of payments data, discussions.
Week 8: Exchange Rates
Lesson Note: Determinants of exchange rates, types of exchange rate systems.
Activities: Currency exchange simulation, discussions on the impact of exchange rate changes.
Week 9: Economic Policies in Developing Countries
Lesson Note: Specific economic policies for developing countries, challenges.
Activities: Group projects on proposing economic policies for a fictional developing country.
Week 10: Environmental Economics
Lesson Note: Relationship between economics and the environment, sustainable development.
Activities: Group discussions on environmentally friendly economic practices, case studies.
Week 11: Revision Week
Lesson Note: Comprehensive review of all topics covered.
Activities: Practice tests, group discussions, and Q&A sessions.
Week 12: Examination Week
Lesson Note: Final examination covering all topics.
Activities: Conducting and invigilating examinations.
Week 13: School Dismissal Week
Lesson Note: Recap of the term, feedback session.
Activities: Reflection on the term, setting goals for the next term, and farewell.
