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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.
|
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
|
|
2 | 3-4 |
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 | 5 |
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 |
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 | 3-4 |
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 | 5 |
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 |
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 | 3-4 |
SUPPLY.
|
Shift in supply curve.
Equilibrium price and equilibrium quantity. |
By the end of the
lesson, the learner
should be able to:
Explain the effect of decreasing supply. Define the terms equilibrium price and equilibrium quantity. Use demand and supply schedule to determine equilibrium price. |
Exposition;
discussion Examine schedules; Make deductions; Discussion. |
text book
Demand and supply schedule. |
New Inventor KLB BOOK III Pg 15-16
New Inventor KLB BOOK III Pg 16-17 |
|
4 | 5 |
SUPPLY.
|
Equilibrium price and quantity.
(graphical method)
|
By the end of the
lesson, the learner
should be able to:
Determine equilibrium price and equilibrium quantity graphically. |
Graphical methods;
Make deductions. |
Graph papers.
|
New Inventor KLB BOOK III Pg 16-18
|
|
5 | 1 |
SUPPLY.
|
Effects of change in demand 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. |
Explanations and graphical illustrations.
|
chart
|
New Inventor KLB BOOK III Pg 19-21
|
|
5 | 2 |
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 | 3-4 |
SUPPLY.
|
Excess demand and excess supply.
Other methods of determining the price of a product. |
By the end of the
lesson, the learner
should be able to:
Define excess demand and excess supply. Outline other methods of determining the price o a product. |
Discussion & graphical illustrations.
Exposition; Probing questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 18-19
New Inventor KLB BOOK III Pg 20-21 |
|
5 | 5 |
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 | 1 |
SIZE AND LOCATION OF A FIRM
|
Concept of firm and industry.
|
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. |
Exposition of new concepts; |
text book
|
New Inventor KLB BOOK III Pg 23-24
|
|
6 | 2 |
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 | 3-4 |
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
New Inventor KLB BOOK III Pg 27-28 |
|
6 | 5 |
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
|
|
7 | 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
|
|
7 | 2 |
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
|
|
7 | 3-4 |
SIZE AND LOCATION OF A FIRM
|
Internal and external
diseconomies of scale.
Existence of small firms. |
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. Give reasons that contribute to existence of small firms. |
Exposition of new concepts.
Oral questions; Discussion. Brain storming; Oral questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 31-32
New Inventor KLB BOOK III Pg 32-33 |
|
8 |
Midterm |
|||||||
9 | 1 |
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
|
|
9 | 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
|
|
9 | 3-4 |
PRODUCT MARKETS
|
Introduction.
Perfect competition market. |
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. Outline features of a perfect market. |
Oral questions; Probing questions; Guided discussion. |
chart
text book |
New Inventor KLB BOOK III Pg 40
New Inventor KLB BOOK III Pg 41-42 |
|
9 | 5 |
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 | 1 |
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
|
|
10 | 2 |
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
|
|
10 | 3-4 |
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
|
|
10 | 5 |
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 | 1 |
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 | 2 |
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 | 3-4 |
PRODUCT MARKETS
CHAIN OF DISTRIBUTION |
Oligopoly.
Channels of distribution. |
By the end of the
lesson, the learner
should be able to:
Describe features of an oligopolistic market. Define the term channel of distribution. Identify common channels of distribution. |
Exposition;
Probing questions; Discussion. Brain storming; Probing questions; Brief discussion. |
text book
|
New Inventor KLB BOOK III Pg 46-47
New Inventor KLB BOOK III Pg 49-50 |
|
11 | 5 |
CHAIN OF DISTRIBUTION
|
Distribution of local agricultural produce.
|
By the end of the
lesson, the learner
should be able to:
Describe distribution of local agricultural produce. |
Draw a flow chart;
Brief discussion. |
Chart ?channels of distribution of local agricultural produce
|
New Inventor KLB BOOK III Pg 50-51
|
|
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 |
CHAIN OF DISTRIBUTION
|
Distribution of imported goods.
|
By the end of the
lesson, the learner
should be able to:
Describe distribution of imported goods. |
Draw a flow chart;
Brief discussion. |
Flow chart.
|
New Inventor KLB BOOK III Pg 52-53
|
|
12 | 3-4 |
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
|
|
12 | 5 |
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
|
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