Economics Lesson Notes for SSS1 Second Term

Download Comprehensive Senior Secondary School Lesson Notes for Economics SSS1 2nd term in PDF or DOCUMENT – Edudelight

Senior Secondary School 1 Second Term Economics Scheme of work with lesson notes content

WEEK 1 – Capital as a Factor of Production

Capital as a Factor of Production

-Meaning, Type and Characteristics

Entrepreneur- Meaning and Function

WEEK 2 – Division of Labour

Division of Labour

1.                Meaning
2. Advantages and Disadvantages
3. Limitations

                Specialization

1. Meaning
2. Types

 

WEEK 3 – Scale of Production

Scale of Production

1.   Meaning of Scale of Production
2.                Small, Medium and Large Scale
3.                Internal and External Economies of Scale
4. Internal and External Diseconomies of Scale

 

WEEK 4 – Firm & Industry

Firm & Industry

1. Definition of Firm, Plant and Industry.
2. Factors that Determine the Size of a Firm
3. Concept of Total Product (TP), Average Product (AP) and Marginal Product

(MP).  Illustration with Tables and Graphs

1. Production Possibility Curve

 

WEEK 5 – Business Organization

Business Organization

Sole Proprietorship and Partnership

1. Meaning
2. Characteristics
3. Types of Partnership
4. Advantages and Disadvantages
5. Sources of Finance
6. Contributions to the Economy

 

WEEK 6 – Joint Stock Companies

Joint Stock Companies

1.    Meaning
2.    Characteristics
3.    Types ( Private and Public Liability Companies)
4.    Advantages and Disadvantages
5.    Sources of Finance (Shares, Bonds, Debentures, etc)
6. Contributions to the Economy

 

                Co-operative Societies

1. Meaning
2. Types of Co-operative Society
3.   Advantages and Disadvantages
4.   Sources of Finance

WEEK 7 – Public Enterprises

Public Enterprises

1.   Meaning
2.   Characteristics
3.   Reasons for setting up
4.   Advantages and Disadvantages
5.  Sources of Finance
6.   Contributions to the Economy

 

WEEK 8 – Population

Population

1. Meaning of Population
2. Determinants of Population Size
3. Population Growth (High Population and Declining Population)
4. Implication of Size and Growth of Population

 

WEEK 9 – Symptoms of dietary deficiencies

Population Census

1.   Meaning of Population Census
2. Types of Population Census
3. Importance (Uses)
4. Problems of Population Census

Population Structure or Distribution (Sex, Age, Geographical & Occupational distribution)

WEEK 10 – Population and Economic Development

Population and Economic Development

1.   Over – Population
2.   Under – Population
3.   Optimum- Population

Theories of Population

1. Malthusian Theory
2. Demographic Transition Theory

How to Control Population Growth.

 

WEEK 11 – Labour Market

Labour Market

1.   Definition  of Labour Market
2.   Concept of Labour Force
3.   Factors Affecting the Size of Labour Force

Mobility of Labour

1. Meaning of Mobility of Labour
2. Types of Mobility of Labour
3. Importance of Mobility of Labour

 

WEEK 11 – Revision

 

WEEK 12 – Examination

Examination

REFERENCE BOOKS

• Amplified and Simplified Economics for Senior Secondary School by Femi Longe
• Comprehensive Economics for Senior Secondary School by J.V. Anyaele
• Fundamentals of Economics for SSS By. R.A.I. Anyanwuocha
• SSCE Economics Past Question Pack

SS1 Second Term Economics Lesson Note – Edudelight Store