NATIONAL INCOME

Meaning of national income and basic concepts

By the end of the lesson, the learner should be able to:

- Define national income from nation and income components
-Analyze money value of goods and services produced
-Examine Figure 5.1 sources of income
-Define GDP, NDP, GNP, NNP concepts
-Distinguish between gross and net products
-Analyze American economist's definition

- Discussion on national income meaning
-Analysis of Figure 5.1 income sources
-Case studies on money value measurement
-Group work on concept definitions
-Examination of gross vs net differences
-Practical examples of national income

Textbook, Figure 5.1, income examples

Trendy Business Studies Form 3 Pg 54-55

NATIONAL INCOME

GDP, NDP and GNP definitions

By the end of the lesson, the learner should be able to:

- Define Gross Domestic Product comprehensively
-Analyze GDP components and market value
-Examine agricultural, mineral, industrial production
-Define Net Domestic Product and depreciation
-Analyze Gross National Product concept
-Examine net income from abroad components

- Discussion on GDP comprehensive definition
-Analysis of production components
-Case studies on depreciation calculation
-Group work on GNP analysis
-Examination of export-import differences
-Practical examples of GDP, NDP, GNP

Textbook, production examples, calculation sheets

Trendy Business Studies Form 3 Pg 55-56

NATIONAL INCOME

NNP, NNI and per capita income

By the end of the lesson, the learner should be able to:

- Define Net National Product and depreciation
-Analyze NNP formula and capital consumption
-Examine Net National Income at factor cost
-Discuss subsidies and indirect taxes
-Define per capita income calculation
-Analyze average income per head concept

- Discussion on NNP and depreciation
-Analysis of capital consumption
-Case studies on NNI calculation
-Group work on per capita income
-Examination of tax and subsidy effects
-Practical calculations of income measures

Textbook, calculators, formula sheets

Trendy Business Studies Form 3 Pg 56

NATIONAL INCOME

Circular flow of income - two-sector economy
Four-sector closed economy circular flow

By the end of the lesson, the learner should be able to:

- Explain circular flow basic principles
-Analyze Figure 5.2 two-sector model
-Examine household and firm interactions
-Discuss factor payments and goods exchange
-Analyze outer and inner loop flows
-Examine assumptions of two-sector model

- Analyze Figure 5.3 four-sector model
-Examine government and financial sectors
-Discuss tax payments and government services
-Analyze savings and investment flows
-Examine commercial bank roles
-Evaluate four-sector assumptions

- Discussion on circular flow principles
-Analysis of Figure 5.2 detailed examination
-Case studies on household-firm exchanges
-Group work on flow directions
-Examination of model assumptions
-Practical examples of circular flow

- Discussion on four-sector complexity
-Analysis of Figure 5.3 comprehensive study
-Case studies on government intervention
-Group work on financial sector roles
-Examination of savings-investment link
-Practical examples of four-sector flow

Textbook, Figure 5.2, flow diagrams
Textbook, Figure 5.3, sector examples

Trendy Business Studies Form 3 Pg 56-57
Trendy Business Studies Form 3 Pg 57-58

NATIONAL INCOME

Open economy and injections/withdrawals

By the end of the lesson, the learner should be able to:

- Analyze Figure 5.4 open economy model
-Examine foreign sector interactions
-Discuss exports, imports and foreign investment
-Define injections and withdrawals
-Analyze equilibrium national income
-Examine S+T+M = I+X+G formula

- Discussion on open economy complexity
-Analysis of Figure 5.4 comprehensive study
-Case studies on foreign interactions
-Group work on injection/withdrawal concepts
-Examination of equilibrium conditions
-Practical examples of open economy

Textbook, Figure 5.4, equilibrium examples

Trendy Business Studies Form 3 Pg 58-59

NATIONAL INCOME

Open economy and injections/withdrawals

By the end of the lesson, the learner should be able to:

- Analyze Figure 5.4 open economy model
-Examine foreign sector interactions
-Discuss exports, imports and foreign investment
-Define injections and withdrawals
-Analyze equilibrium national income
-Examine S+T+M = I+X+G formula

- Discussion on open economy complexity
-Analysis of Figure 5.4 comprehensive study
-Case studies on foreign interactions
-Group work on injection/withdrawal concepts
-Examination of equilibrium conditions
-Practical examples of open economy

Textbook, Figure 5.4, equilibrium examples

Trendy Business Studies Form 3 Pg 58-59

NATIONAL INCOME

Methods of measuring national income - income approach
Problems of income approach and output approach

By the end of the lesson, the learner should be able to:

- Analyze three approaches to measurement
-Examine income approach comprehensively
-Discuss factors of production incomes
-Analyze wages, rent, interest, and profit
-Examine transfer payments exclusion
-Evaluate foreign income considerations

- Analyze income approach problems
-Examine inaccurate data issues
-Discuss double counting problems
-Evaluate subsistence sector challenges
-Define output approach methodology
-Analyze value added concept with Example 5.1

- Discussion on measurement approaches
-Analysis of income approach details
-Case studies on factor incomes
-Group work on transfer payment exclusion
-Examination of foreign income issues
-Practical examples of income calculation

- Discussion on income approach limitations
-Analysis of data accuracy problems
-Case studies on double counting
-Group work on Example 5.1 bread production
-Examination of value added calculations
-Practical examples of output measurement

Textbook, income examples, calculation sheets
Textbook, Example 5.1, calculation sheets

Trendy Business Studies Form 3 Pg 59-60
Trendy Business Studies Form 3 Pg 60-62

NATIONAL INCOME

Output approach problems and expenditure approach

By the end of the lesson, the learner should be able to:

- Analyze output approach problems
-Examine double counting and subsistence issues
-Discuss depreciation estimation difficulties
-Define expenditure approach methodology
-Analyze GNE formula C+I+G+X-M
-Examine market price vs factor cost

- Discussion on output approach problems
-Analysis of estimation difficulties
-Case studies on depreciation calculation
-Group work on expenditure components
-Examination of GNE formula application
-Practical examples of expenditure calculation

Textbook, expenditure examples, formula sheets

Trendy Business Studies Form 3 Pg 62-63

NATIONAL INCOME

Problems in measuring national income

By the end of the lesson, the learner should be able to:

- Analyze comprehensive measurement problems
-Examine depreciation estimation challenges
-Discuss what to include/exclude decisions
-Evaluate subsistence output valuation
-Analyze double counting dangers
-Examine incomplete data issues

- Discussion on measurement challenges
-Analysis of Figure 5.5 subsistence output
-Case studies on inclusion/exclusion decisions
-Group work on data completeness
-Examination of valuation difficulties
-Practical examples of measurement problems

Textbook, Figure 5.5, measurement examples

Trendy Business Studies Form 3 Pg 63-64

NATIONAL INCOME

Additional measurement problems
Per capita income and economic welfare

By the end of the lesson, the learner should be able to:

- Analyze free/subsidized services problems
-Examine Figure 5.6 domestic services
-Discuss money value changes
-Evaluate inventory revaluation issues
-Analyze foreign firm output problems
-Examine IMF policy recommendations

- Define economic welfare concept
-Analyze per capita income as welfare measure
-Examine limitations of per capita income
-Discuss statistical problems
-Analyze money value change effects
-Evaluate international comparison difficulties

- Discussion on service valuation
-Analysis of Figure 5.6 domestic services
-Case studies on inflation effects
-Group work on inventory problems
-Examination of foreign firm issues
-Practical examples of valuation challenges

- Discussion on economic welfare
-Analysis of per capita limitations
-Case studies on statistical problems
-Group work on comparison difficulties
-Examination of welfare measurement
-Practical examples of welfare indicators

Textbook, Figure 5.6, valuation examples
Textbook, welfare examples, comparison charts

Trendy Business Studies Form 3 Pg 64-65
Trendy Business Studies Form 3 Pg 65-66

NATIONAL INCOME

International comparison problems

By the end of the lesson, the learner should be able to:

- Analyze currency differences
-Examine pricing structure variations
-Discuss climatic condition effects
-Evaluate cultural differences impact
-Analyze working condition variations
-Examine income distribution effects

- Discussion on comparison challenges
-Analysis of currency conversion problems
-Case studies on cultural differences
-Group work on working conditions
-Examination of distribution effects
-Practical examples of comparison difficulties

Textbook, international examples, comparison cases

Trendy Business Studies Form 3 Pg 66-68

NATIONAL INCOME

Uses of national income statistics

By the end of the lesson, the learner should be able to:

- Analyze economic growth measurement
-Examine planning purposes applications
-Discuss Table 5.1 Kenya statistics
-Evaluate standard of living measurement
-Analyze investment decision basis
-Examine intercountry comparisons

- Discussion on statistics applications
-Analysis of Table 5.1 Kenya data
-Case studies on planning uses
-Group work on investment decisions
-Examination of growth measurement
-Practical examples of statistics use

Textbook, Table 5.1, statistics examples

Trendy Business Studies Form 3 Pg 68-69

NATIONAL INCOME
POPULATION AND EMPLOYMENT

Factors influencing national income level
Introduction to population and sources of data

By the end of the lesson, the learner should be able to:

- Analyze quantity and quality of factors
-Examine technical know-how importance
-Discuss political stability effects
-Evaluate subsistence sector proportion
-Analyze work culture attitudes
-Examine accounting system accuracy

- Define population from Latin 'populus' meaning people
-Analyze population as total inhabitants of given area
-Define demography as study of population
-Examine population census methodology
-Analyze Kenya's census history (1969, 1979, 1989, 1999, 2009)
-Discuss enumerator roles and data collection

- Discussion on influencing factors
-Analysis of factor quality importance
-Case studies on political stability
-Group work on work culture effects
-Examination of accounting systems
-Practical examples of level determinants

- Discussion on population definition
-Analysis of demographic importance
-Case studies on Kenya's census history
-Group work on enumeration process
-Examination of data collection methods
-Practical examples of population counting

Textbook, factor examples, level cases
Textbook, census examples, demographic data

Trendy Business Studies Form 3 Pg 69-70
Trendy Business Studies Form 3 Pg 71-72

POPULATION AND EMPLOYMENT

Sample surveys and registration methods

By the end of the lesson, the learner should be able to:

- Analyze sample surveys as population data source
-Examine Kenya National Bureau of Statistics role
-Discuss sample survey advantages
-Analyze registration of births and deaths
-Examine certificate issuance process
-Evaluate fertility, mortality, migration components

- Discussion on sample survey benefits
-Analysis of KNBS functions
-Case studies on birth/death registration
-Group work on survey advantages
-Examination of migration effects
-Practical examples of registration systems

Textbook, survey examples, registration cases

Trendy Business Studies Form 3 Pg 72-73

POPULATION AND EMPLOYMENT

Basic population concepts - fertility and birth rates

By the end of the lesson, the learner should be able to:

- Define fertility rate comprehensively
-Analyze general fertility rate formula
-Examine Example 6.1 fertility calculation
-Define birth rate and crude birth rate
-Analyze factors affecting birth rates
-Examine marriage, ignorance, and cultural factors

- Discussion on fertility concepts
-Analysis of Example 6.1 calculations
-Case studies on birth rate factors
-Group work on cultural influences
-Examination of marriage effects
-Practical fertility rate calculations

Textbook, Example 6.1, calculators, formula sheets

Trendy Business Studies Form 3 Pg 73-74

POPULATION AND EMPLOYMENT

Basic population concepts - fertility and birth rates
Mortality rates and migration concepts

By the end of the lesson, the learner should be able to:

- Define fertility rate comprehensively
-Analyze general fertility rate formula
-Examine Example 6.1 fertility calculation
-Define birth rate and crude birth rate
-Analyze factors affecting birth rates
-Examine marriage, ignorance, and cultural factors

- Define mortality and death rate concepts
-Analyze Figure 6.1 improved healthcare
-Examine crude death rate formula
-Calculate Example 6.2 Uganda death rate
-Define infant mortality rate
-Analyze migration, immigration, and emigration

- Discussion on fertility concepts
-Analysis of Example 6.1 calculations
-Case studies on birth rate factors
-Group work on cultural influences
-Examination of marriage effects
-Practical fertility rate calculations

- Discussion on mortality concepts
-Analysis of Figure 6.1 healthcare improvements
-Case studies on Example 6.2 calculations
-Group work on migration patterns
-Examination of infant mortality
-Practical mortality rate calculations

Textbook, Example 6.1, calculators, formula sheets
Textbook, Figure 6.1, Example 6.2, calculators

Trendy Business Studies Form 3 Pg 73-74
Trendy Business Studies Form 3 Pg 74-75

POPULATION AND EMPLOYMENT

Population growth rates and African comparisons

By the end of the lesson, the learner should be able to:

- Define population growth rate formula
-Analyze natural increase rate calculation
-Examine Kenya's growth rate trends
-Analyze Table 6.1 African countries comparison
-Discuss population vs economic growth rates
-Evaluate unfavorable economic positions

- Discussion on growth rate concepts
-Analysis of Table 6.1 comprehensive study
-Case studies on Kenya's trends
-Group work on country comparisons
-Examination of economic implications
-Practical growth rate calculations

Textbook, Table 6.1, calculators, comparison charts

Trendy Business Studies Form 3 Pg 75-76

POPULATION AND EMPLOYMENT

Overpopulation - definition and advantages

By the end of the lesson, the learner should be able to:

- Define overpopulation comprehensively
-Analyze population explosion concept
-Examine factors leading to overpopulation
-Discuss advantages: large markets, labor availability
-Analyze investment expansion benefits
-Examine resource utilization improvements

- Discussion on overpopulation definition
-Analysis of population explosion factors
-Case studies on market advantages
-Group work on labor availability
-Examination of investment benefits
-Practical examples of resource utilization

Textbook, overpopulation examples, advantage cases

Trendy Business Studies Form 3 Pg 76-77

POPULATION AND EMPLOYMENT

Disadvantages of overpopulation
Under-population and declining population

By the end of the lesson, the learner should be able to:

- Analyze rural-urban migration effects
-Examine poor living standards
-Discuss food shortages and famines
-Evaluate inflationary tendencies
-Analyze increased dependency burden
-Examine strain on social amenities

- Define under-population characteristics
-Analyze small market disadvantages
-Examine under-utilization of resources
-Define declining population concept
-Analyze advantages of declining population
-Examine disadvantages including labor shortfalls

- Discussion on migration problems
-Analysis of living standard deterioration
-Case studies on food shortages
-Group work on inflation effects
-Examination of dependency issues
-Practical examples of social strain

- Discussion on under-population problems
-Analysis of resource under-utilization
-Case studies on declining populations
-Group work on developed country trends
-Examination of labor shortfall effects
-Practical examples of population decline

Textbook, migration examples, shortage cases
Textbook, under-population examples, decline cases

Trendy Business Studies Form 3 Pg 77-78
Trendy Business Studies Form 3 Pg 78-79

POPULATION AND EMPLOYMENT

Optimum population and dependency concepts

By the end of the lesson, the learner should be able to:

- Define optimum population concept
-Analyze Figure 6.3 population curves
-Examine equilibrium between population and resources
-Define dependency ratio/burden
-Analyze dependency ratio measurement
-Examine high dependency effects on development

- Discussion on optimum population
-Analysis of Figure 6.3 comprehensive study
-Case studies on resource equilibrium
-Group work on dependency calculations
-Examination of development effects
-Practical examples of dependency burden

Textbook, Figure 6.3, dependency examples

Trendy Business Studies Form 3 Pg 79-80

POPULATION AND EMPLOYMENT

Ageing and young populations

By the end of the lesson, the learner should be able to:

- Define ageing population characteristics
-Analyze disadvantages of ageing populations
-Examine pension and healthcare burdens
-Define young population concept
-Analyze challenges of young populations
-Examine dependency and unemployment issues

- Discussion on ageing population problems
-Analysis of pension burden effects
-Case studies on young population challenges
-Group work on dependency issues
-Examination of unemployment effects
-Practical examples of age structure impacts

Textbook, ageing examples, youth cases

Trendy Business Studies Form 3 Pg 80-81

POPULATION AND EMPLOYMENT

Population structure and Kenya's demographics
Population pyramids and international comparisons

By the end of the lesson, the learner should be able to:

- Define population structure comprehensively
-Analyze Tables 6.2 and 6.3 Kenya data
-Examine age and gender distribution
-Discuss Kenya's demographic features
-Analyze economically active vs dependants
-Examine literacy and rural-urban distribution

- Analyze Figures 6.4 and 6.5 population pyramids
-Compare developing vs developed country structures
-Examine bloated bottom vs middle characteristics
-Discuss workforce distribution patterns
-Analyze ageing population indicators
-Evaluate structural implications for development

- Discussion on population structure
-Analysis of Tables 6.2 and 6.3 detailed study
-Case studies on Kenya's demographics
-Group work on age distribution
-Examination of economic activity
-Practical examples of structural analysis

- Discussion on population pyramids
-Analysis of Figures 6.4 and 6.5 comparison
-Case studies on country differences
-Group work on pyramid interpretation
-Examination of workforce implications
-Practical examples of structural analysis

Textbook, Tables 6.2 and 6.3, demographic data
Textbook, Figures 6.4 and 6.5, pyramid examples

Trendy Business Studies Form 3 Pg 81-83
Trendy Business Studies Form 3 Pg 83-84

POPULATION AND EMPLOYMENT

Economic growth vs development and population effects

By the end of the lesson, the learner should be able to:

- Define economic growth and development
-Analyze economic growth formula
-Examine development vs growth differences
-Discuss rapid population growth problems
-Analyze low living standards effects
-Examine capital formation challenges

- Discussion on growth vs development
-Analysis of formula applications
-Case studies on population effects
-Group work on living standards
-Examination of capital formation
-Practical examples of development challenges

Textbook, formula sheets, development examples

Trendy Business Studies Form 3 Pg 84-85

POPULATION AND EMPLOYMENT

Population effects on technology, land, and labor

By the end of the lesson, the learner should be able to:

- Analyze unemployment from high population
-Examine technology dependency effects
-Discuss land fragmentation problems
-Analyze labor force quality issues
-Examine social problems from overcrowding
-Evaluate Figure 6.6 vicious cycle

- Discussion on unemployment causes
-Analysis of technology challenges
-Case studies on land fragmentation
-Group work on labor quality
-Examination of Figure 6.6 cycle
-Practical examples of population pressure

Textbook, Figure 6.6, land examples

Trendy Business Studies Form 3 Pg 85-86

POPULATION AND EMPLOYMENT

Population control methods and employment concepts

By the end of the lesson, the learner should be able to:

- Analyze population control methods
-Examine family planning importance
-Discuss education and employment strategies
-Define employment and labor force
-Analyze ILO definitions
-Examine full employment conditions

- Discussion on control methods
-Analysis of family planning benefits
-Case studies on employment strategies
-Group work on labor force concepts
-Examination of ILO standards
-Practical examples of employment

Textbook, control examples, employment cases

Trendy Business Studies Form 3 Pg 86-87

POPULATION AND EMPLOYMENT

Unemployment types and causes

By the end of the lesson, the learner should be able to:

- Define unemployment comprehensively
-Analyze Figure 6.7 unemployed youth
-Examine unemployment consequences
-Discuss voluntary vs involuntary unemployment
-Analyze structural and cyclical unemployment
-Examine disguised and seasonal unemployment

- Discussion on unemployment definition
-Analysis of Figure 6.7 youth unemployment
-Case studies on unemployment types
-Group work on structural changes
-Examination of seasonal variations
-Practical examples of unemployment causes

Textbook, Figure 6.7, unemployment examples

Trendy Business Studies Form 3 Pg 87-88

POPULATION AND EMPLOYMENT

Technological and other unemployment types

By the end of the lesson, the learner should be able to:

- Analyze technological unemployment
-Examine ATM effects on bank employment
-Discuss frictional unemployment
-Analyze residual and casual unemployment
-Examine unemployment causes in Kenya
-Evaluate high production costs

- Discussion on technological changes
-Analysis of ATM impact examples
-Case studies on Kenyan unemployment
-Group work on production costs
-Examination of casual employment
-Practical examples of technology effects

Textbook, technology examples, cost cases

Trendy Business Studies Form 3 Pg 88-89

POPULATION AND EMPLOYMENT

Solving unemployment and pertinent issues
Pertinent issues - data honesty, HIV/AIDS, and poverty

By the end of the lesson, the learner should be able to:

- Analyze unemployment solution strategies
-Examine rural-urban migration reduction
-Discuss informal sector improvement
-Evaluate education system changes
-Analyze appropriate technology use
-Examine land reform importance

- Analyze cooperation in census data collection
-Examine population growth control needs
-Discuss literacy and gender education issues
-Evaluate HIV/AIDS pandemic effects
-Analyze Figure 6.10 eradication campaigns
-Examine poverty and entrepreneurship needs

- Discussion on solution strategies
-Analysis of Figure 6.9 jua kali environment
-Case studies on sector improvements
-Group work on education reforms
-Examination of technology appropriateness
-Practical examples of solutions

- Discussion on data collection challenges
-Analysis of Figure 6.10 campaign importance
-Case studies on literacy issues
-Group work on poverty eradication
-Examination of entrepreneurship needs
-Practical examples of pertinent issues

Textbook, Figure 6.9, solution examples
Textbook, Figure 6.10, poverty examples

Trendy Business Studies Form 3 Pg 89-90
Trendy Business Studies Form 3 Pg 90-91

POPULATION AND EMPLOYMENT
DETERMINING THE NET WORTH OF A BUSINESS

Learning activities, review and assessment
Introduction and meaning of assets

By the end of the lesson, the learner should be able to:

- Conduct field research on local fertility/mortality
-Interview school leavers about employment
-Analyze local population challenges
-Review all population and employment concepts
-Apply knowledge to real scenarios
-Prepare comprehensive assessment

- Field research activities
-Interview local school leavers
-Analysis of local population data
-Comprehensive review sessions
-Assessment preparation activities
-Practical application exercises

Research guides, interview forms, assessment materials
Textbook, Charts showing asset types, Pictures of business assets, Classification worksheets

Trendy Business Studies Form 3 Pg 91-92

DETERMINING THE NET WORTH OF A BUSINESS

Types of assets (continued) and liabilities

By the end of the lesson, the learner should be able to:
- Differentiate between tangible and intangible assets
-Define liabilities and their characteristics
-Distinguish between long-term and current liabilities
-Give examples of different types of liabilities
-Explain the relationship between assets and liabilities

Group presentations on asset types; Case study analysis of business liabilities; Discussion on debt management; Practical examples from local businesses

Textbook, Case study materials, Charts on liability types, Local business examples

Trendy Business Studies Form 3 Student's Book Pg 97-98

DETERMINING THE NET WORTH OF A BUSINESS

Capital and its importance
The book-keeping equation
Application of book-keeping equation
The balance sheet - meaning and essentials

By the end of the lesson, the learner should be able to:
- Define capital in business context
-Explain the importance of capital to a business
-Identify sources of business capital
-Analyze the relationship between capital, assets and liabilities
-Discuss factors that affect capital adequacy
- Solve complex problems using the book-keeping equation
-Calculate assets when capital and liabilities are given
-Determine capital from assets and liabilities
-Find liabilities using assets and capital
-Analyze business financial position using the equation

Interactive discussion on capital sources; Role play on capital acquisition; Analysis of capital importance; Group work on capital planning scenarios
Worked examples demonstration; Individual problem solving; Peer teaching sessions; Mathematical calculations; Real business scenario analysis

Textbook, Role play materials, Capital planning worksheets, Calculator
Textbook, Calculator, Problem solving worksheets, Formula charts
Textbook, Calculator, Practice worksheets, Real business data examples
Textbook, Sample balance sheets, Drawing materials, T-format templates

Trendy Business Studies Form 3 Student's Book Pg 98-99

DETERMINING THE NET WORTH OF A BUSINESS

Format and structure of balance sheet
Preparation of simple balance sheets

By the end of the lesson, the learner should be able to:
- Draw the correct format of a balance sheet
-Arrange items in order of permanency
-Explain the two-sided nature of balance sheets
-Demonstrate proper headings and dating
-Show the relationship between balance sheet and book-keeping equation

Practical drawing exercises; Format demonstration; Group work on balance sheet structure; Step-by-step construction activities

Textbook, Drawing materials, Rulers, Sample formats, Chart paper
Textbook, Calculator, Preparation worksheets, Sample data, Graph paper

Trendy Business Studies Form 3 Student's Book Pg 99-101

DETERMINING THE NET WORTH OF A BUSINESS

Complex balance sheet preparation

By the end of the lesson, the learner should be able to:
- Prepare balance sheets with multiple items
-Handle complex business scenarios
-Solve problems involving missing capital
-Arrange items in order of liquidity
-Analyze prepared balance sheets for accuracy

Advanced problem solving; Complex calculations; Alternative arrangement exercises; Peer review activities; Error correction exercises

Textbook, Calculator, Complex problem sets, Peer review sheets

Trendy Business Studies Form 3 Student's Book Pg 104-106

DETERMINING THE NET WORTH OF A BUSINESS

Importance of balance sheet
Net worth calculation and analysis

By the end of the lesson, the learner should be able to:
- Explain the importance of balance sheet to business
-Analyze how balance sheet shows financial position
-Discuss uses by different stakeholders
-Evaluate business performance using balance sheet
-Identify limitations of balance sheet information
- Define net worth of a business
-Calculate net worth using different methods
-Analyze factors affecting net worth
-Compare net worth of different businesses
-Interpret net worth figures for decision making

Group discussions on stakeholder needs; Case study analysis; Role play of different users; Critical evaluation exercises; Real business analysis
Calculation exercises; Comparative analysis; Group problem solving; Decision making scenarios; Mathematical applications

Textbook, Case study materials, Role play cards, Real balance sheet examples
Textbook, Calculator, Comparative data, Analysis worksheets

Trendy Business Studies Form 3 Student's Book Pg 105-106
Trendy Business Studies Form 3 Student's Book Pg 106