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.
FAQs
What topics are covered in the SS1 Second Term Economics curriculum?
In the second term, SS1 Economics typically covers topics such as the concept of demand and supply, factors affecting demand and supply, price determination in the market, and introduction to production and cost. Students also explore simple diagrams and real-life examples to understand market behavior.
How is the scheme of work structured for this term?
The scheme of work for SS1 Second Term Economics is organized weekly, specifying the topics to be taught, learning objectives, teaching activities, and assessment methods. It ensures that students progress from basic concepts like demand and supply to more practical applications, such as market equilibrium and production analysis.
What teaching methods are recommended for these lessons?
Teachers are encouraged to use a mix of lecture, discussion, group activities, and demonstration. Practical examples, illustrations, and simple diagrams should be used to make concepts like supply and demand or price determination more relatable. Assessment can include short quizzes, assignments, and class exercises.
How can students effectively use the lesson notes?
Students should read through the lesson notes before and after class, take personal notes, and attempt exercises provided. Understanding diagrams and practicing problem-solving questions will help reinforce learning. Revising according to the scheme of work ensures students stay on track with the topics for the term.
Also Read: SS3 Second Term Data Processing Lesson Note and Scheme of Work
