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SCHEME OF WORK
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
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
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
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.
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
3 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
3 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-
3 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
4 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
4 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
4 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
4 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
5 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
5 2
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
5 3
SIZE AND LOCATION OF A FIRM
Size of a firm.
Location of a firm.
By the end of the lesson, the learner should be able to:
Outline ways of determining size of a firm.
Identify factors influencing location of a firm.
Oral questions;
Guided discussion.
Exposition of new concepts;
Detailed discussion.
text book
chart
New Inventor KLB BOOK III Pg 24-25
5 4
SIZE AND LOCATION OF A FIRM
Localization 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.
Exposition;
Oral questions;
Discussion.
chart
New Inventor KLB BOOK III Pg 27-28
6 1
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
6 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
6 3
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 4
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
7 1
SIZE AND LOCATION OF A FIRM
Negative impact of production activities on the environment.
Maintaining a healthy environment.
By the end of the lesson, the learner should be able to:
Highlight adverse effects arising from production activities.
Outline factors that contribute to a healthy business environment.
Probing questions and discussion on
adverse effects of air pollution, water pollution, noise pollution & solid waste pollution.
Brain storming;
Discussion.
text book
chart
New Inventor KLB BOOK III Pg 33-35
7 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
7 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
7 3-4
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
8

Mid term break

9 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
9 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
9 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
9 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
10 1
CHAIN OF DISTRIBUTION
Channels of distribution.
By the end of the lesson, the learner should be able to:


Define the term channel of distribution.
Identify common channels of distribution.



Brain storming;
Probing questions;
Brief discussion.
text book
New Inventor KLB BOOK III Pg 49-50
10 2
CHAIN OF DISTRIBUTION
Distribution of local agricultural produce.
Distribution of locally manufactured goods.
By the end of the lesson, the learner should be able to:
Describe distribution of local agricultural produce.
Describe distribution of locally manufactured goods.
Draw a flow chart;
Brief discussion.
Probing questions;
Chart ?channels of distribution of local agricultural produce
Flow chart.
New Inventor KLB BOOK III Pg 50-51
10 3
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
10 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
11 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
11 2
NATIONAL INCOME.
Meaning of national income, GDP, NDP, GNP & NNP. Per capita income.
By the end of the lesson, the learner should be able to:



Define terms related to national income.



Exposition of new concepts, explanations & discussion.
text book
New Inventor KLB BOOK III Pg 59-60
11 3
NATIONAL INCOME.
Circular flow of income.
By the end of the lesson, the learner should be able to:
Describe the circular flow of income.
State assumptions made in circular flow of income.
Exposition of new concepts, explanations & discussion.
Chart: circular flow of income.
New Inventor KLB BOOK III Pg 60-61
11 4
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

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