SS1 Economics Scheme of Work and Lesson Topics
1. Definitions, Scope, Importance And Methodology Of Economics2. Economics As A Science3. Concepts Of Wants, Scarcity, Scale Of Preference, Choice And Opportunity Cost4. Graphs, Charts And Tables With Relevant Examples5. Measures of Central Tendencies – Meaning:6. Types Of Central Tendency, Merits And Demerits And Simple Application:7. Price System, Demand – Meaning, Schedules, Curves, Laws8. Factors Affecting Demand9. Elasticity Of Demand10. Supply – Meaning, Schedules, Curves, Laws11. Factors Affecting Supply12. Elasticity of Supply13. Determinants of Equilibrium Price, Quantity And Point With Simple Applications14. Definition of Production15. Types of Production16. Factors of Production17. Meaning of Division of Labour18. Specialization19. Advantages, Disadvantages And Limitations of Division of Labour20. Meaning of Scale of Production21. Advantages And Disadvantages of Scale of Production22. Definition of Economic System23. Types of Economic Systems (Capitalism)24. Advantages And Disadvantages of Capitalism25. Types of Economic System (Socialism, Mixed economy)26. Advantages And Disadvantages of Socialism And Mixed Economy27. Advantages And Disadvantages of Socialism And Mixed Economy28. Basic Economic Problems of Society29. Definitions of Firms And Industry30. Types And Basic Features of Business Enterprises/Organisations31. General And Specific Problems of Business Enterprises32. Definitions of Private And Public Companies33. Characteristics of Private And Public Companies34. Distinction Between Private And Public Companies35. Definitions of Quoted And Unquoted Companies And Distinctions36. Shares, Debentures And Bonds37. Meaning of Population In Economics38. Determinants And Implication of Population, Size And Growth39. Theories of Population40. Distribution of Population: Geographical, Age, Sex And Occupational41. Importance And Problems of Census42. Rural – Urban Migration43. Concept of Labour Force44. Efficiency And Mobility of Labour Force45. Efficiency And Mobility of Labour Force46. Factors Affecting The Size of Labour Force Particularly The Population Characteristics47. General Overview And Structure of Nigerian Economy And Its Economic Potentials48. Nature And Structure of Industries In Nigeria49. Contributions of The Primary, Secondary And Tertiary Sectors50. Meaning of Agriculture51. Components of Agriculture, Crop Production, Livestock, Forestry, Fishing52. Systems of Agriculture (Cultivation Methods)53. Importance of Agriculture To Nigeria Economy54. Activities of Marketing Boards In Nigeria55. Components of The Nigerian Mining Industry56. Minerals: Types, Use And Locations57. Meaning And Segments of Financial System58. Features of Banking And Non-Banking Financial Institutions59. Functions of Each Institution And Its Importance60. Money And Capital Markets61. Construction of frequency distribution62. Benefits of Capital Markets63. Definition of Money64. Historical Development of Money65. Functions of Money66. Types of Money67. Qualities of A Good Money68. Channels And Process of Distribution69. Roles of Wholesaler70. Roles of Retailer71. Roles of Cooperatives 72. Roles of Government Agencies In Product Distribution73. Problems of Distribution And Ways of Improvement74. Sources of Funds For Businesses75. Basic Instruments For Business Financing 76. Meaning And Types of Shares, Debenture And Other Securities77. Problems of Business Financing In Nigeria