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WK | LSN | TOPIC | SUB-TOPIC | OBJECTIVES | T/L ACTIVITIES | T/L AIDS | REFERENCE | REMARKS |
---|---|---|---|---|---|---|---|---|
2 | 1 |
DEMAND.
|
Definition of demand.
Factors influencing demand.
|
By the end of the
lesson, the learner
should be able to:
Define demand and effective demand. State factors that influence demand of a commodity. |
Brain storming; Exposition; Discussion. |
text book
|
New Inventor
KLB BOOK III Pg 1 |
|
2 | 2 |
DEMAND.
|
Factors influencing demand.
Demand schedule for an individual or entire market. |
By the end of the
lesson, the learner
should be able to:
Explain factors that influence demand of a commodity. Prepare and interpret a demand schedule for an individual or entire market. |
Explanations;
Discussion. Interpreting a demand schedule; Brief discussion. |
text book
|
New Inventor KLB BOOK IIIPg 2-5
|
|
2 | 3 |
DEMAND.
|
Demand curves.
|
By the end of the
lesson, the learner
should be able to:
Illustrate law of demand graphically. |
Guided plotting of demand curves.
Discussion. |
Graph papers.
|
New Inventor KLB BOOK III Pg 7-8
|
|
2 | 4 |
DEMAND.
|
Movement along, and shift in demand curves.
|
By the end of the
lesson, the learner
should be able to:
Explain movement along the demand curve. Illustrate an increase / decrease in demand graphically. |
Q/A: review law of demand.
Curve sketching & explanations. |
Chart- increasing and decreasing -supply.
|
New Inventor KLB BOOK III Pg 8-9
|
|
3 | 1 |
SUPPLY.
|
Factors influencing supply of a product.
Supply schedule and supply curve. |
By the end of the
lesson, the learner
should be able to:
Explain factors that influence demand of a commodity. Draw supply curve from a supply schedule. |
Explanations;
Discussion. Practical exercise. |
chart
|
New Inventor KLB BOOK III Pg 9-13
|
|
3 | 2 |
SUPPLY.
|
Movement along the curve.supply curve.
|
By the end of the
lesson, the learner
should be able to:
Explain changes in supply with changes in prices of the commodity. Identify incidents where a supply curve expands to the right or left. |
Probing questions,
Graphical illustrations. |
text book
|
New Inventor KLB BOOK III Pg 15-
|
|
3 | 3 |
SUPPLY.
|
Shift in supply curve.
|
By the end of the
lesson, the learner
should be able to:
Explain the effect of decreasing supply. |
Exposition;
discussion |
text book
|
New Inventor KLB BOOK III Pg 15-16
|
|
3 | 4 |
SUPPLY.
|
Equilibrium price and equilibrium quantity.
Equilibrium price and quantity. (graphical method) |
By the end of the
lesson, the learner
should be able to:
Define the terms equilibrium price and equilibrium quantity. Use demand and supply schedule to determine equilibrium price. Determine equilibrium price and equilibrium quantity graphically. |
Examine schedules;
Make deductions; Discussion. Graphical methods; Make deductions. |
Demand and supply schedule.
Graph papers. |
New Inventor KLB BOOK III Pg 16-17
|
|
4 | 1 |
SUPPLY.
|
Effects of change in demand on the equilibrium.
Effects of change in supply on the equilibrium. |
By the end of the
lesson, the learner
should be able to:
Explain the effects of change in demand on the equilibrium. Explain the effects of change in supply on the equilibrium. |
Explanations and graphical illustrations.
Brain storming; Discussion. |
chart
|
New Inventor KLB BOOK III Pg 19-21
|
|
4 | 2 |
SUPPLY.
|
Excess demand and excess supply.
|
By the end of the
lesson, the learner
should be able to:
Define excess demand and excess supply. |
Discussion & graphical illustrations.
|
text book
|
New Inventor KLB BOOK III Pg 18-19
|
|
4 | 3 |
SUPPLY.
|
Other methods of determining the price of a product.
|
By the end of the
lesson, the learner
should be able to:
Outline other methods of determining the price o a product. |
Exposition;
Probing questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 20-21
|
|
4 | 4 |
SIZE AND LOCATION OF A FIRM
|
Concept of firm and industry.
Size of a firm. |
By the end of the
lesson, the learner
should be able to:
Differentiate between a firm and an industry. Identify factors influencing goods and services to produce. Outline ways of determining size of a firm. |
Exposition of new concepts;
Oral questions; Guided discussion. |
text book
|
New Inventor KLB BOOK III Pg 23-24
|
|
5 | 1 |
SIZE AND LOCATION OF A FIRM
|
Location of a firm.
Localization of a firm. |
By the end of the
lesson, the learner
should be able to:
Identify factors influencing location of a firm. Outline factors that encourage localization of a firm. State advantages and disadvantages of localization of a firm. |
Exposition of new concepts;
Detailed discussion. Exposition; Oral questions; Discussion. |
chart
|
New Inventor KLB BOOK III Pg 25-27
|
|
5 | 2 |
SIZE AND LOCATION OF A FIRM
|
Delocalization of a firm.
|
By the end of the
lesson, the learner
should be able to:
Outline factors that encourage delocalization of a firm. State advantages and disadvantages of delocalization of a firm. |
Exposition;
Oral questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 27-28
|
|
5 | 3 |
SIZE AND LOCATION OF A FIRM
|
Internal economies of scale.
External economies of scale.
|
By the end of the
lesson, the learner
should be able to:
Define the term economy of scale. Outline various economies of scale associated with a firm. Outline benefits accruing to a firm as a result of growth of the whole industry. |
Exposition of new concepts.
Discussion. |
text book
|
New Inventor KLB BOOK III Pg 29-30
|
|
5 | 4 |
SIZE AND LOCATION OF A FIRM
|
Internal and external
diseconomies of scale.
|
By the end of the
lesson, the learner
should be able to:
Define the term diseconomies of scale. Highlight some internal and external diseconomies of scale. |
Exposition of new concepts.
Oral questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 31-32
|
|
6 | 1 |
SIZE AND LOCATION OF A FIRM
|
Existence of small firms.
Negative impact of production activities on the environment. |
By the end of the
lesson, the learner
should be able to:
Give reasons that contribute to existence of small firms. Highlight adverse effects arising from production activities. |
Brain storming;
Oral questions; Discussion. Probing questions and discussion on adverse effects of air pollution, water pollution, noise pollution & solid waste pollution. |
text book
|
New Inventor KLB BOOK III Pg 32-33
|
|
6 | 2 |
SIZE AND LOCATION OF A FIRM
|
Maintaining a healthy environment.
|
By the end of the
lesson, the learner
should be able to:
Outline factors that contribute to a healthy business environment. |
Brain storming;
Discussion. |
chart
|
New Inventor KLB BOOK III Pg 36-38
|
|
6 | 3 |
PRODUCT MARKETS
|
Introduction.
|
By the end of the
lesson, the learner
should be able to:
Define the term market and marketing. Identify elements that dictate the type of market. |
Oral questions; Probing questions; Guided discussion. |
chart
|
New Inventor KLB BOOK III Pg 40
|
|
6 | 4 |
PRODUCT MARKETS
|
Perfect competition market.
Monopoly. |
By the end of the
lesson, the learner
should be able to:
Outline features of a perfect market. Identify features of a monopoly market. |
Exposition of new ideas; Detailed discussion.
|
text book
|
New Inventor KLB BOOK III Pg 41-42
|
|
7 | 1 |
PRODUCT MARKETS
|
Monopoly power.
|
By the end of the
lesson, the learner
should be able to:
Outline ways of acquiring a monopoly power. |
Exposition of new ideas; Detailed discussion.
|
text book
|
New Inventor KLB BOOK III Pg 43-45
|
|
7 | 2 |
PRODUCT MARKETS
|
Monopolistic competition.
|
By the end of the
lesson, the learner
should be able to:
Outline features of a monopolistic competition. Describe price & output determination under monopolistic competition. |
Exposition, discussion and sketching illustrative graphs.
|
chat,text book
|
New Inventor KLB BOOK III Pg 45-46
|
|
7 | 3 |
PRODUCT MARKETS
|
Monopolistic competition.
|
By the end of the
lesson, the learner
should be able to:
Outline features of a monopolistic competition. Describe price & output determination under monopolistic competition. |
Exposition, discussion and sketching illustrative graphs.
|
chat,text book
|
New Inventor KLB BOOK III Pg 45-46
|
|
7 | 4 |
PRODUCT MARKETS
|
Oligopoly.
|
By the end of the
lesson, the learner
should be able to:
Describe features of an oligopolistic market. |
Exposition;
Probing questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 46-47
|
|
8 |
Cat& midterm |
|||||||
9 | 1 |
PRODUCT MARKETS
|
The kinked demand curve.
|
By the end of the
lesson, the learner
should be able to:
Interpret the kinked demand curve. |
Curve sketching;
Discussion. |
text book
|
New Inventor KLB BOOK III Pg 47-48
|
|
9 | 2 |
CHAIN OF DISTRIBUTION
|
Channels of distribution.
Distribution of local agricultural produce. |
By the end of the
lesson, the learner
should be able to:
Define the term channel of distribution. Identify common channels of distribution. Describe distribution of local agricultural produce. |
Brain storming;
Probing questions; Brief discussion. Draw a flow chart; |
text book
Chart ?channels of distribution of local agricultural produce |
New Inventor KLB BOOK III Pg 49-50
|
|
9 | 3 |
CHAIN OF DISTRIBUTION
|
Distribution of locally manufactured goods.
Distribution of imported goods. |
By the end of the
lesson, the learner
should be able to:
Describe distribution of locally manufactured goods. Describe distribution of imported goods. |
Draw a flow chart;
Probing questions; Brief discussion. |
Flow chart.
|
New Inventor KLB BOOK III Pg 51-52
|
|
9 | 4 |
CHAIN OF DISTRIBUTION
|
Roles played by intermediaries in the distribution chain.
|
By the end of the
lesson, the learner
should be able to:
Outline roles played by intermediaries in the distribution chain. |
Brain storming;
Oral questions; Discussion. |
Illustrative flow charts.
|
New Inventor KLB BOOK III Pg 54-57
|
|
10 | 1 |
CHAIN OF DISTRIBUTION
|
Choice of distribution channel.
|
By the end of the
lesson, the learner
should be able to:
Explain factors influencing choice of distribution channel. |
Brain storming;
Oral questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 57-58
|
|
10 | 2 |
NATIONAL INCOME.
|
Meaning of national income,
GDP, NDP, GNP & NNP.
Per capita income.
Circular flow of income. |
By the end of the
lesson, the learner
should be able to:
Define terms related to national income. Describe the circular flow of income. State assumptions made in circular flow of income. |
Exposition of new concepts, explanations & discussion.
|
text book
Chart: circular flow of income. |
New Inventor KLB BOOK III Pg 59-60
|
|
10 | 3 |
NATIONAL INCOME.
|
Factors affecting circular flow of income.
|
By the end of the
lesson, the learner
should be able to:
Outline factors that affect circular flow of income. |
Oral questions;
Exposition of concepts. |
text book
|
New Inventor KLB BOOK III Pg 61-62
|
|
10 | 4 |
NATIONAL INCOME.
|
Expenditure approach of determining national income.
|
By the end of the
lesson, the learner
should be able to:
Determine national income using expenditure approach. List down problems associated with expenditure approach. |
Exposition of new concepts, explanations & discussion;
Calculations. |
Calculators,text book
|
New Inventor KLB BOOK III Pg 63-64
|
|
11 | 1 |
NATIONAL INCOME.
|
Income approach of determining national income.
|
By the end of the
lesson, the learner
should be able to:
Determine national income using income approach. List down problems associated with income approach. |
Exposition of new concepts, explanations & discussion;
Calculations. |
Calculators.
|
New Inventor KLB BOOK III Pg 64-65
|
|
11 | 2 |
NATIONAL INCOME.
|
Output approach of determining national income.
|
By the end of the
lesson, the learner
should be able to:
Determine national income using output approach. List down problems associated with output approach. |
Exposition of new concepts;
Probing questions; Guided discussion; Calculations. |
Calculators.
|
New Inventor KLB BOOK III Pg 65-66
|
|
11 | 3 |
NATIONAL INCOME.
|
Uses of national income statistics.
Levels of national income. |
By the end of the
lesson, the learner
should be able to:
Outline uses of national income statistics. Highlight factors that influence the levels of national income. |
Exposition of new concepts;
Probing questions; Guided discussion. Guided discussion; Review exercise. |
text book
|
New Inventor KLB BOOK III Pg 66-67
|
|
11 | 4 |
POPULATION
& EMPLOYMENT.
|
Population growth.
|
By the end of the
lesson, the learner
should be able to:
Outline factors associated with population growth. List factors that are likely to lead to either high or low birthrates. Calculate population growth rate. |
Brain storming; Exposition of new concepts; Probing questions; Guided discussion; Calculations. |
text book
|
New Inventor KLB BOOK III Pg 71-72
|
|
12 |
End term exams |
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13 |
Closure |
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