SS1 Third Term Economics Lesson Note and Scheme of Work
SS1 Third Term Economics Lesson Note and Scheme of Work:
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.
