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WK | LSN | TOPIC | SUB-TOPIC | OBJECTIVES | T/L ACTIVITIES | T/L AIDS | REFERENCE | REMARKS |
---|---|---|---|---|---|---|---|---|
2 | 1 |
INTERNATIONAL TRADE
|
Introduction, Types and Advantages
Disadvantages of International Trade |
By the end of the
lesson, the learner
should be able to:
Define international trade. Distinguish between bilateral and multilateral trade. State advantages of international trade. Explain how trade promotes specialization and employment. |
Q/A session on local trading experiences; Brainstorming on goods Kenya exports/imports; Group discussion on trade advantages with real examples; Analysis of technology transfer cases.
|
World map, newspapers with trade reports, charts showing Kenya's trading partners, business magazines
Newspaper cuttings on industry closures, case study materials, charts showing trade impacts |
KLB Secondary Business Studies Form 4, Pages 162-164
|
|
2 | 2 |
INTERNATIONAL TRADE
|
Computing Terms of Trade
Factors Affecting Terms of Trade Balance of Trade and Balance of Payments Concepts Preparing Balance of Payments Accounts Balance of Payments Disequilibrium Terms of Sale in International Trade |
By the end of the
lesson, the learner
should be able to:
Define terms of trade. Calculate export and import price indices. Compute terms of trade using formulas. Interpret favorable and unfavorable terms of trade. |
Exposition of terms of trade concept; Step-by-step calculation demonstrations; Worked examples with real data; Supervised practice on numerical problems.
|
Calculators, statistical data sheets, worked examples, formula charts
Case study materials, charts comparing different economies, business magazines Trade statistics, charts showing balance structure, newspapers with economic data Account worksheets, calculators, worked examples, practice data sets Policy documents, case study materials, charts showing correction methods Shipping documents, cost calculation worksheets, practical scenarios, charts |
KLB Secondary Business Studies Form 4, Pages 164-166
|
|
3 | 1 |
INTERNATIONAL TRADE
|
Credit and Import Documents
Shipping, Insurance and Commercial Documents Specialized Trade Documents |
By the end of the
lesson, the learner
should be able to:
Explain letter of credit functions and types. Describe import licence requirements. Analyze indent procedures (open and closed). Discuss creditworthiness and banking relationships. |
Examination of actual letters of credit; Discussion on import licensing procedures; Group work on indent preparation; Analysis of banking documentation requirements.
|
Sample letters of credit, import licence forms, indent examples, banking documents
Bill of lading samples, insurance certificates, invoice examples, document comparison charts Document samples, flow charts, practical scenarios, case studies |
KLB Secondary Business Studies Form 4, Pages 176-177
|
|
3 | 2 |
INTERNATIONAL TRADE
|
IMF and World Bank
African Development Institutions Forms and Characteristics of Economic Integration |
By the end of the
lesson, the learner
should be able to:
State objectives and functions of IMF. Explain stable exchange rate maintenance and international liquidity provision. Describe World Bank objectives and development financing role. Compare IMF and World Bank functions. |
Exposition of institutional backgrounds; Discussion on exchange rate stabilization; Case studies on institutional interventions; Comparison of lending terms and objectives.
|
Charts showing institutional structures, case study materials, project reports
ADB/ADF project reports, development case studies, institutional comparison charts Maps showing integration blocs, comparison charts, case study materials on regional blocs |
KLB Secondary Business Studies Form 4, Pages 180-182
|
|
4 | 1 |
INTERNATIONAL TRADE
|
Importance and Effects of Economic Integration
Reasons and Methods of Trade Restrictions |
By the end of the
lesson, the learner
should be able to:
Explain importance of economic integration including market expansion and specialization. Analyze advantages of free trade. Identify disadvantages including revenue loss and unemployment risks. Evaluate overall impact on member countries. |
Group discussions on integration benefits; Case studies on successful integration examples; Analysis of trade creation vs trade diversion; Balanced assessment of costs and benefits.
|
Integration success stories, policy analysis documents, charts showing trade effects
Case study materials, tariff schedules, quota examples, policy documents, calculators |
KLB Secondary Business Studies Form 4, Pages 184-185
|
|
4 | 2 |
INTERNATIONAL TRADE
|
Advantages and Disadvantages of Trade Restrictions
Trade Liberalization and Export Processing Zones E-commerce and Digital Trade Forms and Importance of Economic Integration |
By the end of the
lesson, the learner
should be able to:
State advantages of trade restrictions for domestic industries. Identify disadvantages including retaliation risks and consumer impacts. Analyze quality and price implications. Evaluate long-term effects on economic efficiency. |
Balanced analysis of restriction effects; Case studies on protection outcomes and retaliation; Discussion on consumer welfare impacts; Group evaluation of policy trade-offs.
|
Policy analysis documents, consumer impact studies, case study materials
EPZ documentation, liberalization case studies, charts showing trade policy evolution Computer/tablets for demonstration, e-commerce examples, online payment illustrations Maps showing integration blocs, charts comparing integration forms, newspaper articles on regional cooperation |
KLB Secondary Business Studies Form 4, Pages 187-188
|
|
5 | 1 |
INTERNATIONAL TRADE
ECONOMIC DEVELOPMENT AND PLANNING |
Advantages and Disadvantages of Free Trade
Reasons for Trade Restrictions Methods of Trade Restrictions Advantages and Disadvantages of Trade Restrictions Trends in International Trade Economic Growth and Development Concepts |
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
Case study materials on protected industries, charts showing protection policies, newspaper articles on trade policies Tariff schedules, quota examples, calculators, policy documents showing restriction methods Policy analysis documents, case studies on protection outcomes, consumer impact studies EPZ documentation, computers/tablets for e-commerce demonstration, charts showing trade liberalization effects Statistical data on economic indicators, charts comparing developed vs developing countries, newspaper economic reports |
KLB Secondary Business Studies Form 4, Pages 184-185
|
|
5 | 2 |
ECONOMIC DEVELOPMENT AND PLANNING
|
Characteristics of Under-development
Factors Hindering Development Political, Social and Economic Institutional Factors Development Planning Process and Objectives |
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
Case studies on development barriers, charts showing technology gaps, brain drain statistics Governance case studies, cultural practice examples, charts showing institutional frameworks Kenya's development plan documents, planning process flowcharts, resource allocation examples |
KLB Secondary Business Studies Form 4, Pages 197-199
|
|
6 | 1 |
ECONOMIC DEVELOPMENT AND PLANNING
Paper 1 Revision |
Need for Development Planning and Benefits
Problems in Development Planning Implementation Short Answer & Definition Questions |
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
Case studies on planning challenges, disaster impact reports, examples of successful and failed development projects Past Paper 1 exams, marking schemes |
KLB Secondary Business Studies Form 4, Pages 203-204
|
|
6 | 2 |
REVISION
Paper 1 Revision Paper 1 Revision Paper 2 Revision Paper 2 Revision Paper 1 Revision Paper 1 Revision |
Application & Explanation Questions
Financial Questions Descriptive Questions Financial & Accounting Questions Short Answer & Definition Questions Application & Explanation Questions |
By the end of the
lesson, the learner
should be able to:
- Apply business knowledge to real business situations -Develop clear, logical explanations |
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects -Class discussion and corrections |
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes Sample answers, past papers, marking schemes Past Paper 2 exams, marking schemes, financial statement examples Past Paper 1 exams, marking schemes |
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
|
|
7 | 1 |
Paper 1 Revision
Paper 2 Revision Paper 2 Revision Paper 1 Revision Paper 1 Revision Paper 1 Revision |
Financial Questions
Descriptive Questions Financial & Accounting Questions Short Answer & Definition Questions Application & Explanation Questions Financial Questions |
By the end of the
lesson, the learner
should be able to:
- Master financial calculations and reporting -Prepare financial -Interpret and apply financial data to solve problems |
- Solve past paper financial questions in groups
-Peer review and teacher marking of solutions |
Past papers with financial questions, marking schemes
Sample answers, past papers, marking schemes Past Paper 2 exams, marking schemes, financial statement examples Past Paper 1 exams, marking schemes Past Paper 1 exams, topic summaries, marking schemes |
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
|
|
7 | 2 |
Paper 2 Revision
Paper 1 Revision Paper 1 Revision Paper 1 Revision Paper 2 Revision |
Descriptive Questions
Financial & Accounting Questions Short Answer & Definition Questions Application & Explanation Questions Financial Questions Descriptive Questions |
By the end of the
lesson, the learner
should be able to:
- Develop essay-style answers in a structured format -Organize points logically under subheadings -Practice time-bound responses |
- Brainstorm key points for common topics as guided by the teacher
-Group discussion -Peer review and teacher marking |
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples Past Paper 1 exams, marking schemes Past Paper 1 exams, topic summaries, marking schemes Past papers with financial questions, marking schemes |
Business Studies Paper 2, KLB Bk 1-4
|
|
8 | 1 |
Paper 2 Revision
Paper 1 Revision Paper 1 Revision Paper 1 Revision Paper 2 Revision |
Financial & Accounting Questions
Short Answer & Definition Questions Application & Explanation Questions Financial Questions Descriptive Questions |
By the end of the
lesson, the learner
should be able to:
- Master the rules of recording financial information -Learn to prepare different financial reports -Apply financial knowledge to solve problems |
- Teacher shows how to prepare various financial reports
-Students work on past paper problems alone and in groups -Teacher checks the work to ensure it's correct and gives feedback |
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes Past Paper 1 exams, topic summaries, marking schemes Past papers with financial questions, marking schemes Sample answers, past papers, marking schemes |
Business Studies KLB Book 1-4
|
|
8 | 2 |
Paper 2 Revision
Paper 1 Revision Paper 1 Revision Paper 1 Revision Paper 2 Revision Paper 2 Revision |
Financial & Accounting Questions
Short Answer & Definition Questions Application & Explanation Questions Financial Questions Descriptive Questions Financial & Accounting Questions |
By the end of the
lesson, the learner
should be able to:
- Master the rules of recording financial information -Learn to prepare different financial reports -Apply financial knowledge to solve problems |
- Teacher shows how to prepare various financial reports
-Students work on past paper problems alone and in groups -Teacher checks the work to ensure it's correct and gives feedback |
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes Past Paper 1 exams, topic summaries, marking schemes Past papers with financial questions, marking schemes Sample answers, past papers, marking schemes |
Business Studies KLB Book 1-4
|
|
9 | 1 |
Paper 1 Revision
Paper 2 Revision Paper 2 Revision Paper 1 Revision |
Short Answer & Definition Questions
Application & Explanation Questions Financial Questions Descriptive Questions Financial & Accounting Questions Short Answer & Definition Questions |
By the end of the
lesson, the learner
should be able to:
- Revise key definitions and facts -Improve accuracy in short answers -Practice time management |
- Class quiz on common terms
-Group revision as guided by the teacher -Peer marking using marking schemes |
Past Paper 1 exams, marking schemes
Past Paper 1 exams, topic summaries, marking schemes Past papers with financial questions, marking schemes Sample answers, past papers, marking schemes Past Paper 2 exams, marking schemes, financial statement examples |
Business Studies Paper 1, KLB Bk 1-4
|
|
9 | 2 |
Paper 1 Revision
Paper 2 Revision Paper 2 Revision Paper 1 Revision Paper 1 Revision Paper 1 Revision Paper 2 Revision Paper 2 Revision |
Application & Explanation Questions
Financial Questions Descriptive Questions Financial & Accounting Questions Short Answer & Definition Questions Application & Explanation Questions Financial Questions Descriptive Questions Financial & Accounting Questions |
By the end of the
lesson, the learner
should be able to:
- Apply business knowledge to real business situations -Develop clear, logical explanations |
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects -Class discussion and corrections |
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes Sample answers, past papers, marking schemes Past Paper 2 exams, marking schemes, financial statement examples Past Paper 1 exams, marking schemes |
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
|
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