Humanity Syllabus Senior Secondary. Federal Economics Scheme of Work for SS 1. Meaning of supply –Schemeofwork
ECONOMICS SS 1 FIRST TERM SCHEME
| WEEK | TOPIC/CONTENT | ACTIVITIES |
| 1 | MEANING OF ECONOMICS AND RELATED CONCEPTS Definitions, scope, importance and methodology of economics. Economics as a science Concepts of wants, scarcity, scale of preference, choice and opportunity cost | Teacher to arrange group discussion to relate these concepts to the daily activities of individuals, firms and government.Learning material; tables. |
| 2 | BASIC TOOLS OF ECONOMIC ANALYSIS Graphs, charts and table with relevant examples. Construction of frequency distribution | Teacher to arrange group discussion on how the knowledge of these concepts influence our daily choice of individuals, firms and government. Learning material; tables, graphs, charts etc. |
| 3 | BASIC TOOLS OF ECONOMIC ANALYSIS Measures of central tendencies – Meaning Types (mean, mode, median) merits and demerits and simple application | Teacher to display various charts relating to the topic and solve practical problems.Learning material; tables, graphs, charts etc. |
| 4 | CONCEPTS OF DEMAND AND SUPPLY Price system, Demand – meaning, schedules, curves, laws. Factors affecting demand. | Teacher to guide and share experiences with students that relate to demand and supply gathered on routine visits to shops and markets.Learning materials; display pictures of people in markets places or shops. |
| 5 | CONCEPTS OF DEMAND AND SUPPLY Meaning of supply, schedules, and laws.Factors affecting supply | Teacher to guide and share experiences with students that relate to demand and supply gathered on routine visits to shops and markets.Learning materials; display pictures of people in markets places or shops. |
| 6 | CONCEPTS OF DEMAND AND SUPPLY Determinants of equilibrium price, quantity and point with simple applications. | Teacher to guide and share experiences with students that relate to demand and supply gathered on routine visits to shops and markets.Learning materials; display pictures of people in markets places or shops. |
| 7 | THEORY OF PRODUCTION Meaning of Production Types of Production Factors of Production | Teacher to demonstrate the importance of division of labour with students by assigning aspects of a given task to different groups within a class and monitor time of completion by each group. Learning materials; charts and manufactured products. |
| 8 | THEORY OF PRODUCTION Meaning of division of labour Specialization Advantages and disadvantages and limitations of division of labour | Teacher to demonstrate the importance of division of labour with students by assigning aspects of a given task to different groups within a class and monitor time of completion by each group. Learning materials; charts and manufactured products. |
| 9 | THEORY OF PRODUCTION Scale of production Advantages and disadvantages of large scale production | Teacher to demonstrate the importance of large scale production to the class. Learning materials; charts and manufactured products. |
| 10 | BASIC ECONOMIC PROBLEMS OF SOCIETY Definition of economic systemTypes of economic system (Capitalism)Advantages and disadvantages of capitalism | Teacher to guide the students and discuss these economic problems and discover ways of solving them. Learning materials: Relevant textbooks. |
| 11 | BASIC ECONOMIC PROBLEMS OF SOCIETY Types of economic system (Socialism, Mixed economy)Advantages and disadvantages of the above economic systems | Teacher to guide and discuss these economic problems with students and discover ways of solving them. Learning materials: Relevant textbooks. |
| 12 | BASIC ECONOMIC PROBLEMS OF SOCIETY What to produce How to produce For whom to produce Efficiency of resource use | Teacher to guide and discuss these economic problems with students and discover ways of solving them. Learning materials: Relevant textbooks. |
| 13 | Revision | Revision |
| 14 | Examination | Examination |
ECONOMICS SS 1 SECOND TERM
| WEEK | TOPIC/CONTENT | ACTIVITIES |
| 1 | FIRMS AND INDUSTRY Definitions of firms and industryTypes and basic features of business enterprises/organisations. | Teacher to guide students to identify the different types of business organisations outfits within the society by giving examples. Learning material; teacher to arrange a visit to any business location within the locality |
| 2 | FIRMS AND INDUSTRY General and specific problems of business enterprises (e.g. inadequate capital, location, inflation, government policy, seasonal changes etc) | Teacher to emphasize the issue of corruption, fraud and embezzlement of public fund. Learning material; teacher to arrange a visit to any business location within the locality |
| 3 | FIRMS AND INDUSTRY Definitions of private and public companiesCharacteristics Distinction between private and public companies. | Teacher to illustrate with examples from local economy differences between types of business organisations. Learning material; teacher to arrange a visit to any business location within the locality |
| 4 | FIRMS AND INDUSTRY Definitions of quoted and unquoted companies and distinctions Shares, debentures and bonds. | Teacher to illustrate with examples from local economy quoted and unquoted business organisations. Learning material; teacher to arrange a visit to any business location within the locality |
| 5 | POPULATION Meaning of population in economics Determinants and implication of population, size and growthTheories of population e.g. Malthusian Theory, Demographic Transition theory etc. | Teacher to guide students to compare the populations of different countries within and outside Nigeria. Learning materials; charts and other relevant materials showing people, county, sex and occupation. |
| 6 | POPULATION Distribution of population: Geographical, Age, Sex and Occupational. | Teacher to guide students to compare the populations of different countries within and outside Nigeria. Learning materials; charts and other relevant materials showing people, county, sex and occupation. |
| 7 | POPULATION Importance and problems of censusRural – Urban migration | Teacher to discuss the problems of conducting population census in Nigeria.Learning materials; Teacher to present census figures from the National population office to students. |
| 8 | LABOUR MARKET Concept of labour forceEfficiency and mobility of labour force Factors affecting the size of labour force particularly the population characteristics (age, sex, occupation, education) | Teacher to plot the labour participation rate against the growth rate of the population.Learning materials; Teacher to present census figures from the National population office to students. |
| 9 | THE NATURE OF THE NIGERIAN ECONOMY General overview and structure of Nigerian economy and its economic potentialsNature and structure of industries in Nigeria. Contributions f the primary, secondary and tertiary sectors. | Teacher to explain the various economic activities of the six geo-political zones of the country with regards to agriculture and mining. Students should mention various products produced in different zones of the economy. Learning materials; Economic map of Nigeria. |
| 10 | AGRICULTURE Meaning of agriculture Components of agriculture, crop production, livestock, forestry, fishing.Systems of agriculture (Cultivation methods)Importance of agriculture to Nigeria economy | Teacher to encourage students to visit farms in their locality and be asked to discuss the system of agriculture that is prevalent there. Encourage students to participate actively in form work in the school and at home. Learning materials: Visit farms in their locality to observe the practice of agriculture. . |
| 11 | Revision | Revision |
| 12 | Examination | Examination |
Humanity Syllabus Senior Secondary. Federal Economics Scheme of Work for SS 1 –Schemeofwork
ECONOMICS SS 1 THIRD TERM
| WEEK | TOPIC/CONTENT | ACTIVITIES |
| 1 | AGRICULTURE i). Activities of marketing boards in Nigeria. Teacher to highlight some government agricultural reform programmes such as: OFN: Operation Feed the NationRBDA: River Basin Development Authority NAFPP: National Accelerated Food Production Programmes GRP: Green Revolution ProgrammeEstablishment of ADB (African Development Bank)Provision of fertilizers, improved seedlings, formation of cooperative societies, improved storage facilities and provision of extension services. | Learning materials: Visit farms in their locality to observe the practice of agriculture. |
| 2 | MINING Components of the Nigerian mining industryMinerals, types, use and locations. | Teacher to display maps showing the location of mineral deposits in Nigeria. Organise a visit to a mining or quarry site in the locality. Learning material; charts and maps. |
| 3 | MEANING OF FINANCIAL INSTITUTION Meaning and segments of financial systemFeatures of banking and non-banking financial institutions. Functions of each institution and its importance. | Teacher to organise an excursion to commercial banks, development banks and the stock exchange within their locality.Learning material; pass books, withdrawal booklets, share certificates, dividend warrants, prospectus of quoted companies etc. |
| 4 | MEANING OF FINANCIAL INSTITUTION Money and capital markets Benefits of capital markets | Teacher to organise an excursion to commercial banks, development banks and the stock exchange within their locality.Learning material share certificates, dividend warrants, prospectus of quoted companies etc. |
| 5 | MONEY Definition of money Historical development of money Functions of money | Teacher to guide students to discover the functions and qualities of a good money. Learning materials; coins, bank notes, cowries, commodity money etc |
| 6 | MONEY Types of money (including credit card, valve card, other ICT aided payment instruments)Characteristics of money Qualities of a good money | Teacher to guide students to discover the qualities of good money and benefits of a cashless economy over money and barter economies. Learning materials; ATM cards, Credit cards etc. |
| 7 | CHANNELS OF DISTRIBUTION Channels and process of distributionRoles of Wholesaler Roles of Retailer | Teacher to introduce the various channels of distribution and their roles to students within their locality. Learning materials; charts showing channels of distribution. |
| 8 | CHANNELS OF DISTRIBUTION Roles of CooperativesRoles of Government Agencies in product distributionProblems of distribution and ways of improvement. | Teacher to guide students in discovering the roles played by cooperatives and government agencies in the various channels of distribution. . Learning materials; charts showing channels of distribution. |
| 9 | INSTRUMENTS OF BUSINESS FINANCE Sources of funds for businessesBasic instruments for business financing (shares, debentures and bonds) | Teacher to guide students to identify different ways money can be raised to start a business.Learning materials; Inspection of some money instruments e.g. share certificates. |
| 10 | INSTRUMENTS OF BUSINESS FINANCE Meaning and types of shares, debenture and other securities. | Teacher to guide students to suggest various ways of financing businessLearning materials; Inspection of some money instruments e.g. share certificates. |
| 11 | INSTRUMENTS OF BUSINESS FINANCE Problems of business financing in Nigeria | Teacher to guide students to suggest various ways of financing businessLearning materials; Inspection of some money instruments e.g. share certificates. |
| 12 | Revision | Revision |
| 13 | Examination | Examination |
