INTERNATIONAL TRADE

Trade Liberalization and Export Processing Zones

By the end of the lesson, the learner should be able to:
Explain trade liberalization concept and effects. Describe EPZ characteristics, advantages and disadvantages. Analyze impact on domestic industries. Evaluate EPZ contribution to economic development.

Exposition of liberalization trends; Case study on Athi River EPZ; Discussion on liberalization impacts on local industries; Analysis of EPZ success factors and challenges.

EPZ documentation, liberalization case studies, charts showing trade policy evolution

KLB Secondary Business Studies Form 4, Pages 188-189

INTERNATIONAL TRADE

Trade Liberalization and Export Processing Zones

By the end of the lesson, the learner should be able to:
Explain trade liberalization concept and effects. Describe EPZ characteristics, advantages and disadvantages. Analyze impact on domestic industries. Evaluate EPZ contribution to economic development.

Exposition of liberalization trends; Case study on Athi River EPZ; Discussion on liberalization impacts on local industries; Analysis of EPZ success factors and challenges.

EPZ documentation, liberalization case studies, charts showing trade policy evolution

KLB Secondary Business Studies Form 4, Pages 188-189

INTERNATIONAL TRADE

Trade Liberalization and Export Processing Zones

By the end of the lesson, the learner should be able to:
Explain trade liberalization concept and effects. Describe EPZ characteristics, advantages and disadvantages. Analyze impact on domestic industries. Evaluate EPZ contribution to economic development.

Exposition of liberalization trends; Case study on Athi River EPZ; Discussion on liberalization impacts on local industries; Analysis of EPZ success factors and challenges.

EPZ documentation, liberalization case studies, charts showing trade policy evolution

KLB Secondary Business Studies Form 4, Pages 188-189

INTERNATIONAL TRADE

E-commerce and Digital Trade

By the end of the lesson, the learner should be able to:
Explain e-commerce applications in international trade. Describe online payment systems and digital transactions. Analyze advantages and challenges of digital trade. Discuss future trends in electronic commerce.

Demonstration of e-commerce platforms; Discussion on digital payment security; Group work on online trade benefits and risks; Analysis of technology impact on trade.

Computer/tablets for demonstration, e-commerce examples, online payment illustrations

KLB Secondary Business Studies Form 4, Pages 189

INTERNATIONAL TRADE

Advantages and Disadvantages of Free Trade

By the end of the lesson, the learner should be able to:
Enumerate advantages of free trade including market expansion and specialization. Identify disadvantages such as revenue loss and unemployment risks. Analyze trade creation vs trade diversion effects. Evaluate impact on local industries and consumer choice.

Guided discussion on free trade benefits; Case studies on integration success stories; Group analysis of trade diversion problems; Q/A on consumer welfare impacts and government revenue effects.

Case study materials on successful integration, charts showing trade effects, policy analysis documents

KLB Secondary Business Studies Form 4, Pages 184-185

INTERNATIONAL TRADE

Advantages and Disadvantages of Free Trade

By the end of the lesson, the learner should be able to:
Enumerate advantages of free trade including market expansion and specialization. Identify disadvantages such as revenue loss and unemployment risks. Analyze trade creation vs trade diversion effects. Evaluate impact on local industries and consumer choice.

Guided discussion on free trade benefits; Case studies on integration success stories; Group analysis of trade diversion problems; Q/A on consumer welfare impacts and government revenue effects.

Case study materials on successful integration, charts showing trade effects, policy analysis documents

KLB Secondary Business Studies Form 4, Pages 184-185

INTERNATIONAL TRADE

Advantages and Disadvantages of Free Trade

By the end of the lesson, the learner should be able to:
Enumerate advantages of free trade including market expansion and specialization. Identify disadvantages such as revenue loss and unemployment risks. Analyze trade creation vs trade diversion effects. Evaluate impact on local industries and consumer choice.

Guided discussion on free trade benefits; Case studies on integration success stories; Group analysis of trade diversion problems; Q/A on consumer welfare impacts and government revenue effects.

Case study materials on successful integration, charts showing trade effects, policy analysis documents

KLB Secondary Business Studies Form 4, Pages 184-185

INTERNATIONAL TRADE

Advantages and Disadvantages of Free Trade

By the end of the lesson, the learner should be able to:
Enumerate advantages of free trade including market expansion and specialization. Identify disadvantages such as revenue loss and unemployment risks. Analyze trade creation vs trade diversion effects. Evaluate impact on local industries and consumer choice.

Guided discussion on free trade benefits; Case studies on integration success stories; Group analysis of trade diversion problems; Q/A on consumer welfare impacts and government revenue effects.

Case study materials on successful integration, charts showing trade effects, policy analysis documents

KLB Secondary Business Studies Form 4, Pages 184-185

INTERNATIONAL TRADE

Reasons for Trade Restrictions

By the end of the lesson, the learner should be able to:
Cite reasons for trade restrictions including infant industry protection. Explain strategic industry protection necessity. Discuss employment creation and protection through restrictions. Analyze dumping prevention and balance of trade preservation.

Exposition of protection rationale with practical examples; Case studies on infant industry protection success; Discussion on strategic industries in Kenya; Group work on employment protection policies.

Case study materials on protected industries, charts showing protection policies, newspaper articles on trade policies

KLB Secondary Business Studies Form 4, Pages 185-187

INTERNATIONAL TRADE

Methods of Trade Restrictions

By the end of the lesson, the learner should be able to:
Outline methods of trade restriction including tariffs and quotas. Highlight administrative bottlenecks and foreign exchange control. Explain moral persuasion as restriction method. Calculate effects of different restriction methods.

Detailed exposition of restriction methods; Practical examples of tariff and quota calculations; Discussion on administrative procedures; Group work on foreign exchange control mechanisms.

Tariff schedules, quota examples, calculators, policy documents showing restriction methods

KLB Secondary Business Studies Form 4, Pages 186-187

INTERNATIONAL TRADE

Methods of Trade Restrictions

By the end of the lesson, the learner should be able to:
Outline methods of trade restriction including tariffs and quotas. Highlight administrative bottlenecks and foreign exchange control. Explain moral persuasion as restriction method. Calculate effects of different restriction methods.

Detailed exposition of restriction methods; Practical examples of tariff and quota calculations; Discussion on administrative procedures; Group work on foreign exchange control mechanisms.

Tariff schedules, quota examples, calculators, policy documents showing restriction methods

KLB Secondary Business Studies Form 4, Pages 186-187

INTERNATIONAL TRADE

Advantages and Disadvantages of Trade Restrictions

By the end of the lesson, the learner should be able to:
State advantages of trade restrictions for domestic economy. Identify disadvantages including retaliation risks and quality issues. Analyze consumer choice limitations and monopoly emergence. Evaluate long-term economic efficiency impacts.

Balanced exposition of restriction effects; Case studies on protection outcomes and retaliation examples; Group discussions on consumer welfare impacts; Analysis of monopoly emergence risks.

Policy analysis documents, case studies on protection outcomes, consumer impact studies

KLB Secondary Business Studies Form 4, Pages 187-188

INTERNATIONAL TRADE

Trends in International Trade

By the end of the lesson, the learner should be able to:
Analyze current trends in international trade including liberalization. Explain Export Processing Zones (EPZ) concept, advantages and disadvantages. Discuss e-trade and website applications. Evaluate impact of modern technology on trade patterns.

Exposition of contemporary trade trends; Case study analysis of Athi River EPZ; Discussion on liberalization effects; Demonstration of e-commerce applications in trade.

EPZ documentation, computers/tablets for e-commerce demonstration, charts showing trade liberalization effects

KLB Secondary Business Studies Form 4, Pages 188-189

INTERNATIONAL TRADE

Trends in International Trade

By the end of the lesson, the learner should be able to:
Analyze current trends in international trade including liberalization. Explain Export Processing Zones (EPZ) concept, advantages and disadvantages. Discuss e-trade and website applications. Evaluate impact of modern technology on trade patterns.

Exposition of contemporary trade trends; Case study analysis of Athi River EPZ; Discussion on liberalization effects; Demonstration of e-commerce applications in trade.

EPZ documentation, computers/tablets for e-commerce demonstration, charts showing trade liberalization effects

KLB Secondary Business Studies Form 4, Pages 188-189

ECONOMIC DEVELOPMENT AND PLANNING

Economic Growth and Development Concepts

By the end of the lesson, the learner should be able to:
Define economic growth and economic development. Distinguish between economic growth and development. Explain measurement of economic growth rates. Identify structural changes accompanying economic development.

Q/A session on development indicators; Guided discussion on growth vs development differences; Analysis of Kenya's economic journey; Group work on identifying structural changes.

Statistical data on economic indicators, charts comparing developed vs developing countries, newspaper economic reports

KLB Secondary Business Studies Form 4, Pages 195-196

ECONOMIC DEVELOPMENT AND PLANNING

Characteristics of Under-development

By the end of the lesson, the learner should be able to:
Identify comprehensive characteristics of under-development. Explain high poverty levels and income disparity issues. Analyze unemployment problems and subsistence sector dominance. Discuss dependence on developed countries and infrastructure challenges.

Brainstorming session on development indicators; Detailed exposition of under-development characteristics; Group discussions on poverty and unemployment statistics; Visual analysis of infrastructure differences.

Statistical data on poverty and unemployment, photos showing infrastructure gaps, case study materials on developing countries

KLB Secondary Business Studies Form 4, Pages 197-199

ECONOMIC DEVELOPMENT AND PLANNING

Factors Hindering Development

By the end of the lesson, the learner should be able to:
Highlight factors that impede development including resource constraints. Explain inadequate capital and poor technology impacts. Analyze human resource endowment problems. Discuss unfavorable domestic environment effects on development.

Q/A session on development barriers; Detailed exposition of hindering factors; Case studies on technology gaps and brain drain; Group discussions on institutional barriers to development.

Case studies on development barriers, charts showing technology gaps, brain drain statistics

KLB Secondary Business Studies Form 4, Pages 200-202

ECONOMIC DEVELOPMENT AND PLANNING

Factors Hindering Development

By the end of the lesson, the learner should be able to:
Highlight factors that impede development including resource constraints. Explain inadequate capital and poor technology impacts. Analyze human resource endowment problems. Discuss unfavorable domestic environment effects on development.

Q/A session on development barriers; Detailed exposition of hindering factors; Case studies on technology gaps and brain drain; Group discussions on institutional barriers to development.

Case studies on development barriers, charts showing technology gaps, brain drain statistics

KLB Secondary Business Studies Form 4, Pages 200-202

ECONOMIC DEVELOPMENT AND PLANNING

Political, Social and Economic Institutional Factors

By the end of the lesson, the learner should be able to:
Explain how political institutions affect development progress. Analyze social institutions and cultural barriers. Discuss economic institutions and market efficiency roles. Evaluate extended family systems and work attitude impacts.

Detailed discussion on institutional roles; Case studies on governance and development correlation; Group analysis of cultural practices affecting development; Q/A on market efficiency and entrepreneurship promotion.

Governance case studies, cultural practice examples, charts showing institutional frameworks

KLB Secondary Business Studies Form 4, Pages 202-203

ECONOMIC DEVELOPMENT AND PLANNING

Political, Social and Economic Institutional Factors

By the end of the lesson, the learner should be able to:
Explain how political institutions affect development progress. Analyze social institutions and cultural barriers. Discuss economic institutions and market efficiency roles. Evaluate extended family systems and work attitude impacts.

Detailed discussion on institutional roles; Case studies on governance and development correlation; Group analysis of cultural practices affecting development; Q/A on market efficiency and entrepreneurship promotion.

Governance case studies, cultural practice examples, charts showing institutional frameworks

KLB Secondary Business Studies Form 4, Pages 202-203

ECONOMIC DEVELOPMENT AND PLANNING

Development Planning Process and Objectives

By the end of the lesson, the learner should be able to:
Define development planning concept and importance. Explain planning process including objective establishment. State government policy objectives for long-term development. Analyze resource identification and allocation in planning.

Guided discussion on planning necessity; Exposition of systematic planning process; Group work on identifying realistic planning objectives; Analysis of Kenya's development planning experience.

Kenya's development plan documents, planning process flowcharts, resource allocation examples

KLB Secondary Business Studies Form 4, Pages 202-204

ECONOMIC DEVELOPMENT AND PLANNING

Development Planning Process and Objectives

By the end of the lesson, the learner should be able to:
Define development planning concept and importance. Explain planning process including objective establishment. State government policy objectives for long-term development. Analyze resource identification and allocation in planning.

Guided discussion on planning necessity; Exposition of systematic planning process; Group work on identifying realistic planning objectives; Analysis of Kenya's development planning experience.

Kenya's development plan documents, planning process flowcharts, resource allocation examples

KLB Secondary Business Studies Form 4, Pages 202-204

ECONOMIC DEVELOPMENT AND PLANNING

Development Planning Process and Objectives

By the end of the lesson, the learner should be able to:
Define development planning concept and importance. Explain planning process including objective establishment. State government policy objectives for long-term development. Analyze resource identification and allocation in planning.

Guided discussion on planning necessity; Exposition of systematic planning process; Group work on identifying realistic planning objectives; Analysis of Kenya's development planning experience.

Kenya's development plan documents, planning process flowcharts, resource allocation examples

KLB Secondary Business Studies Form 4, Pages 202-204

ECONOMIC DEVELOPMENT AND PLANNING

Development Planning Process and Objectives

By the end of the lesson, the learner should be able to:
Define development planning concept and importance. Explain planning process including objective establishment. State government policy objectives for long-term development. Analyze resource identification and allocation in planning.

Guided discussion on planning necessity; Exposition of systematic planning process; Group work on identifying realistic planning objectives; Analysis of Kenya's development planning experience.

Kenya's development plan documents, planning process flowcharts, resource allocation examples

KLB Secondary Business Studies Form 4, Pages 202-204

ECONOMIC DEVELOPMENT AND PLANNING

Need for Development Planning and Benefits

By the end of the lesson, the learner should be able to:
Give reasons why development planning is necessary. Explain appropriate resource allocation through planning. Discuss planning role in stimulating national effort. Analyze planning support for foreign aid acquisition and project evaluation.

Group discussions on planning benefits; Case studies on successful planning outcomes; Analysis of foreign aid effectiveness with proper planning; Q/A on project evaluation importance and duplication avoidance.

Planning success case studies, foreign aid effectiveness reports, project evaluation examples

KLB Secondary Business Studies Form 4, Pages 203-204

ECONOMIC DEVELOPMENT AND PLANNING

Need for Development Planning and Benefits

By the end of the lesson, the learner should be able to:
Give reasons why development planning is necessary. Explain appropriate resource allocation through planning. Discuss planning role in stimulating national effort. Analyze planning support for foreign aid acquisition and project evaluation.

Group discussions on planning benefits; Case studies on successful planning outcomes; Analysis of foreign aid effectiveness with proper planning; Q/A on project evaluation importance and duplication avoidance.

Planning success case studies, foreign aid effectiveness reports, project evaluation examples

KLB Secondary Business Studies Form 4, Pages 203-204

ECONOMIC DEVELOPMENT AND PLANNING

Need for Development Planning and Benefits

By the end of the lesson, the learner should be able to:
Give reasons why development planning is necessary. Explain appropriate resource allocation through planning. Discuss planning role in stimulating national effort. Analyze planning support for foreign aid acquisition and project evaluation.

Group discussions on planning benefits; Case studies on successful planning outcomes; Analysis of foreign aid effectiveness with proper planning; Q/A on project evaluation importance and duplication avoidance.

Planning success case studies, foreign aid effectiveness reports, project evaluation examples

KLB Secondary Business Studies Form 4, Pages 203-204

ECONOMIC DEVELOPMENT AND PLANNING

Problems in Development Planning Implementation

By the end of the lesson, the learner should be able to:
State problems encountered in development planning at formulation stage. Explain implementation challenges including donor dependency. Analyze natural calamities impact on planning. Discuss political will and coordination problems in plan execution.

Exposition of planning challenges at different stages; Case studies on planning failures and successes; Group discussions on realistic vs over-ambitious planning; Analysis of natural disasters impact and political commitment importance.

Case studies on planning challenges, disaster impact reports, examples of successful and failed development projects

KLB Secondary Business Studies Form 4, Pages 204-206