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Business Studies
Form 3 2025
TERM I
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WK LSN TOPIC SUB-TOPIC OBJECTIVES T/L ACTIVITIES T/L AIDS REFERENCE REMARKS
1

Reporting and Revision
2

Exams
3 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
3 2
DEMAND.
Factors influencing demand.
By the end of the lesson, the learner should be able to:
Explain factors that influence demand of a commodity.
Explanations;
Discussion.
text book
New Inventor KLB BOOK IIIPg 2-5
3 3
DEMAND.
Demand schedule for an individual or entire market.
Demand curves.
By the end of the lesson, the learner should be able to:
Prepare and interpret a demand schedule for an individual or entire market.
Illustrate law of demand graphically.
Interpreting a demand schedule;
Brief discussion.
Guided plotting of demand curves.
Discussion.
text book
Graph papers.
New Inventor KLB BOOK III pg 6-7
3 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
4 1
SUPPLY.
Factors influencing supply of a product.
By the end of the lesson, the learner should be able to:
Explain factors that influence demand of a commodity.
Explanations;
Discussion.
chart
New Inventor KLB BOOK III Pg 9-13
4 2
SUPPLY.
Supply schedule and supply curve.
By the end of the lesson, the learner should be able to:
Draw supply curve from a supply schedule.
Practical exercise.
chart
New Inventor KLB BOOK III Pg 14-15
4 3
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-
4 4
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
5 1
SUPPLY.
Equilibrium price and equilibrium quantity.
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.
Examine schedules;
Make deductions;
Discussion.
Demand and supply schedule.
New Inventor KLB BOOK III Pg 16-17
5 2
SUPPLY.
Equilibrium price and quantity. (graphical method)
Effects of change in demand on the equilibrium.
By the end of the lesson, the learner should be able to:
Determine equilibrium price and equilibrium quantity graphically.
Explain the effects of change in demand on the equilibrium.
Graphical methods;
Make deductions.
Explanations and graphical illustrations.
Graph papers.
chart
New Inventor KLB BOOK III Pg 16-18
5 3
SUPPLY.
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 supply on the equilibrium.
Brain storming;
Discussion.
chart
New Inventor KLB BOOK III Pg 21
5 4
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
6 1
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
6 2
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
6 3
SIZE AND LOCATION OF A FIRM
Location of a firm.
By the end of the lesson, the learner should be able to:
Identify factors influencing location of a firm.
Exposition of new concepts;
Detailed discussion.
chart
New Inventor KLB BOOK III Pg 25-27
6 4
SIZE AND LOCATION OF A FIRM
Localization of a firm.
Delocalization of a firm.
By the end of the lesson, the learner should be able to:
Outline factors that encourage localization of a firm.
State advantages and disadvantages of localization of a firm.
Outline factors that encourage delocalization of a firm.
State advantages and disadvantages of delocalization of a firm.
Exposition;
Oral questions;
Discussion.
chart
text book
New Inventor KLB BOOK III Pg 27-28
7

Mid Term Exams
8

Mid Term Break
9 1
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
9 2
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
9 3
SIZE AND LOCATION OF A FIRM
Existence of small firms.
By the end of the lesson, the learner should be able to:
Give reasons that contribute to existence of small firms.
Brain storming;
Oral questions;
Discussion.
text book
New Inventor KLB BOOK III Pg 32-33
9 4
SIZE AND LOCATION OF A FIRM
Negative impact of production activities on the environment.
By the end of the lesson, the learner should be able to:
Highlight adverse effects arising from production activities.
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 33-35
10 1
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
10 2
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
10 3
PRODUCT MARKETS
Perfect competition market.
By the end of the lesson, the learner should be able to:
Outline features of a perfect market.
text book
New Inventor KLB BOOK III Pg 41-42
10 4
PRODUCT MARKETS
Monopoly.
By the end of the lesson, the learner should be able to:
Identify features of a monopoly market.
Exposition of new ideas; Detailed discussion.
text book
New Inventor KLB BOOK III Pg 42-43
11 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
11 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
11 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
11 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
12

End Term Exams

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