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Economics Lesson Notes for SSS1 Third Term

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Download Third Term Comprehensive Senior Secondary School Economics Lesson Notes for SSS1/Year 11 in PDF, DOC –  Edudelight Store

SS1 Economics Scheme of work with Lesson notes Contents third term

WEEK 1 – Revision of Second Term Unified Examination

Revision of Second Term Unified Examination

DISTRIBUTIVE TRADE

  • Meaning
  • Chain of Distribution.
  • Process of Distribution
  • Wholesalers (Functions to Producers and Retailers).
  • Retailers (Functions to Wholesaler and Customers).

WEEK 2 – MIDDLEMEN

MIDDLEMEN

  • Argument For or Against the Elimination of Middlemen
  • Problems of Product Distribution in Nigeria
  • Ways of Improving the System of Distribution of Consumer Goods in West Africa.
  • Roles of Government Agencies in Product Distribution

 

WEEK 3 – MONEY

MONEY

  • Definition of money and its origin
  • Trade by Barter system and its deficiencies
  • Kinds / Types of Money
  • Characteristics of Money
  • Functions of Money

 

WEEK 4 – Firm & Industry

FINANCIAL INSTITUTIONS

  • Meaning of Financial Institutions
  • Types of Financial Institution

Commercial Banks

  • Meaning of Commercial Banks
  • Characteristics of Commercial Banks
  • Functions and Creation of Credit and its Limitations

Central Bank

  • Meaning of Central Bank
  • Characteristics of Central Bank
  • Functions and Weapons of Controlling Commercial Banks

WEEK 5 – Business Organization

CONCEPT OF DEMAND AND SUPPLY

DEMAND

  • Meaning of Demand
  • Law of Demand
  • Schedule and Curve
  • Types of Demand
  • Factors Affecting Demand

WEEK 6 – SUPPLY

SUPPLY

  • Meaning of Supply
  • Law of Supply
  • Schedule and Curve
  • Types of Supply
  • Factors Affecting Supply

 

WEEK 7 – EQUILIBRIUM PRICE/PRICE DETERMINATION

EQUILIBRIUM PRICE/PRICE DETERMINATION

  • Meaning
  • Use of Hypothetical Schedule and Graph to Determine Equilibrium Price
  • Calculation from Hypothetical Table from Equations of Demand and Supply (i.e. Qd = Qs)

Price System

  • Meaning of Price System
  • Functions and Other Means of Determining Prices

 

WEEK 8 – THE NATURE OF THE NIGERIAN ECONOMY

THE NATURE OF THE NIGERIAN ECONOMY

  • General Overview of the Nigerian Economy
  • Nature and Structure of Industries in Nigeria
  • Contributions of Primary, Secondary and Tertiary Sectors
  • Explain Economic Activities of the Six GeoPolitical

WEEK 9 – AGRICULTURE

AGRICULTURE

  • Meaning of Agriculture
  • Components/Structures
  • Systems of Agriculture
  • Contributions to the Economy
  • Problems and Solutions of Agriculture
  • Agricultural Policies in Nigeria (OFN, RBOA, NAFPP, Green Revolution)

WEEK 10 – MINING

MINING

  • Meaning of Mining
  • Components of the Nigerian Mining Industry
  • Minerals (Types, Uses and Locations)

WEEK 11 – Revision

Revision

WEEK 12 – Examination

Examination

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

SS1 Third Term Economics Lesson Note – Edudelight Store

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