Week 1: Poverty and Income Distribution
Lesson Note: Causes of poverty, measuring poverty, strategies for poverty alleviation.
Activities: Group discussions on income inequality, case studies on successful poverty reduction initiatives.
Week 2: Economic Crises
Lesson Note: Types of economic crises, their causes, and consequences.
Activities: Analysis of historical economic crises, class discussions on preventive measures.
Week 3: Public Finance
Lesson Note: Government revenue sources, budgeting, and public expenditure.
Activities: Simulation of a government budgeting process, group presentations on fiscal responsibility.
Week 4: Consumer Behavior
Lesson Note: Factors influencing consumer behavior, utility, and consumer equilibrium.
Activities: Role-play scenarios on consumer decision-making, class discussions on advertising’s impact.
Week 5: Producer Behavior
Lesson Note: Production function, profit maximization, and cost minimization.
Activities: Group projects on analyzing production processes, discussions on sustainable production.
Week 6: Economic Policies
Lesson Note: Monetary and fiscal policies, their coordination and impact.
Activities: Case studies on countries implementing effective economic policies, group discussions.
Week 7: Entrepreneurship
Lesson Note: Role of entrepreneurship in economic development, characteristics of successful entrepreneurs.
Activities: Guest speaker session with a successful entrepreneur, group projects on business plans.
Week 8: Economic Reforms
Lesson Note: Historical and recent economic reforms, their impact.
Activities: Research and presentations on the success/failure of specific economic reforms.
Week 9: Global Economic Issues
Lesson Note: Contemporary global economic challenges, climate change, and international cooperation.
Activities: Model United Nations-style debate on global economic issues, group discussions.
Week 10: Technology and Economic Development
Lesson Note: The role of technology in economic growth, challenges and opportunities.
Activities: Class discussions on the impact of technological advancements on various industries.
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 academic year, and farewell.
FAQs
What topics are covered in the SS1 Third Term Economics syllabus?
The SS1 Third Term Economics syllabus focuses on topics such as money and banking, trade and commerce, production and factors of production, and basic concepts of demand and supply. It also introduces students to economic problems and the roles of government in the economy.
How is the lesson scheme of work structured for the term?
The scheme of work is organized weekly, with each week dedicated to a specific topic. It includes clear learning objectives, teaching activities, suggested learning resources, and assessment methods. This ensures students gradually build understanding while applying concepts through exercises and class discussions.
What teaching methods are recommended for the SS1 Third Term Economics topics?
Teachers are encouraged to use interactive methods such as group discussions, role-plays, case studies, and real-life examples to help students relate economic concepts to everyday life. Practical activities like simple market surveys and calculation exercises can also reinforce understanding.
How can students effectively prepare for SS1 Third Term Economics exams?
Students should study the lesson notes regularly, practice solving past questions, and review key definitions, diagrams, and formulas. Understanding the relationships between concepts, such as demand and supply, or money and banking, is more important than rote memorization. Using mind maps and revision charts can also help consolidate learning.
Also Read: SS3 Third Term Commerce Lesson Note and Scheme of Work
