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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 Administration of opener examination
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 2-3
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
New Inventor KLB BOOK III pg 6-7
2 4
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
3 1
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 2-3
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
New Inventor KLB BOOK III Pg 14-15
3 4
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 1
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
4 2-3
SUPPLY.
Equilibrium price and equilibrium quantity.
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:
Define the terms equilibrium price and equilibrium quantity.
Use demand and supply schedule to determine equilibrium price.

Determine equilibrium price and equilibrium quantity graphically.
Explain the effects of change in demand on the equilibrium.
Examine schedules;
Make deductions;
Discussion.
Graphical methods;
Make deductions.
Explanations and graphical illustrations.
Demand and supply schedule.
Graph papers.
chart
New Inventor KLB BOOK III Pg 16-17
New Inventor KLB BOOK III Pg 16-18
4 4
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 1
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
5 2-3
SUPPLY.
SIZE AND LOCATION OF A FIRM
Other methods of determining the price of a product.
Concept of firm and industry.
By the end of the lesson, the learner should be able to:
Outline other methods of determining the price o a product.




Differentiate between a firm and an industry.
Identify factors influencing goods and services to produce.
Exposition;
Probing questions;
Discussion.




Exposition of new concepts;
text book
New Inventor KLB BOOK III Pg 20-21
New Inventor KLB BOOK III Pg 23-24
5 4
SIZE AND LOCATION OF A FIRM
Size of a firm.
By the end of the lesson, the learner should be able to:
Outline ways of determining size of a firm.
Oral questions;
Guided discussion.
text book
New Inventor KLB BOOK III Pg 24-25
6 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
6 2-3
SIZE AND LOCATION OF A FIRM
Delocalization of a firm.
Internal economies of scale. External economies of scale.
Internal economies of scale. External economies of scale.
Internal and external diseconomies of scale.
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.

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.

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.
Define the term diseconomies of scale.
Highlight some internal and external diseconomies of scale.
Exposition;
Oral questions;
Discussion.
Exposition of new concepts.
Discussion.
Exposition of new concepts.
Discussion.
Oral questions;
text book
New Inventor KLB BOOK III Pg 27-28
New Inventor KLB BOOK III Pg 29-30
7

Administration of Main examination
8

Mid term break
9 1
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 2-3
SIZE AND LOCATION OF A FIRM
Existence of small firms.
Negative impact of production activities on the environment.
Maintaining a healthy 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.
Outline factors that contribute to a healthy business environment.
Brain storming;
Oral questions;
Discussion.
Probing questions and discussion on
adverse effects of air pollution, water pollution, noise pollution & solid waste pollution.
Brain storming;
Discussion.
text book
text book
chart
New Inventor KLB BOOK III Pg 32-33
New Inventor KLB BOOK III Pg 33-35
9 4
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 1
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 2-3
PRODUCT MARKETS
Monopoly.
Monopoly power.
By the end of the lesson, the learner should be able to:
Identify features of a monopoly market.

Outline ways of acquiring a monopoly power.
Exposition of new ideas; Detailed discussion.
text book
New Inventor KLB BOOK III Pg 42-43
New Inventor KLB BOOK III Pg 43-45
10 4
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 1
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 2-3
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
11 4
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
12 1
CHAIN OF DISTRIBUTION
Distribution of locally manufactured goods.
By the end of the lesson, the learner should be able to:
Describe distribution of locally manufactured goods.
Draw a flow chart;
Probing questions;
Brief discussion.
Flow chart.
New Inventor KLB BOOK III Pg 51-52
12 2-3
CHAIN OF DISTRIBUTION
Distribution of imported goods.
Roles played by intermediaries in the distribution chain.
By the end of the lesson, the learner should be able to:
Describe distribution of imported goods.
Outline roles played by intermediaries in the distribution chain.
Draw a flow chart;
Brief discussion.
Brain storming;
Oral questions;
Discussion.
Flow chart.
Illustrative flow charts.
New Inventor KLB BOOK III Pg 52-53
New Inventor KLB BOOK III Pg 54-57
12 4
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
13

Administration of exam and closing of school

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