SS2 Economics Scheme of Work and Lesson Topics
1. Simple Linear Equations2. Measures of Dispersion3. Bar Charts4. Pie Charts5. Meaning of Demand And Supply6. Laws of Demand And Supply7. Factors Affecting Demand And Supply8. Distinguish Between Factors That Cause Shift In Demand And Supply Curves9. Types of Demand And Supply (With Curves)10. Meaning of Production Possibility Curve (PPC)11. Plotting The PPC From Possible Data12. Concept of Total, Average And Marginal Productivity13. Laws of Variable Proportion14. Basic Cost Concepts: Total, Average, Marginal, Fixed And Variable Cost15. Different Cost Curves16. Short-Run And Long-Run Costs17. Distinction Between Economist’s And Accountant’s View of Cost18. Concept of Revenue – Total, Average And Marginal Revenue19. Revenue Schedules And Curves20. Basic Features of Economic System (Capitalism, Socialism, Mixed Economy etc)21. Supply And Demand For Labour22. Wage Determination23. Trade Unions And Other Related Institutions24. Concept of Unemployment25. Types of Unemployment, Causes, Effects And Solutions26. Concept of Self employment, Job Creation And Dignity of Labour27. Concept of Utility – Average, Marginal And Total Utility28. The Law of Diminishing Marginal Utility29. Determination of Equilibrium Price And Quantity30. Concept of Elasticity And Its Application31. Simple Application of Price Theory32. Concept And Types of Markets33. Review of Cost And Revenue Curves34. Price And Quantity Determination Under Perfect Competition35. Price And Quantity Determination Under Monopoly36. Price And Quantity Determination Under Duopoly37. Definition of Industrial Concept – Plant, Factory, Firm, Industry And Industrial Estate38. Location And Localization of Industries In Nigeria39. Advantage And Disadvantages of Localization of Industries40. Factors That Influence Location And Localization of Industries41. Problems of Agriculture In Nigeria42. Agricultural Policies In Nigeria43. Meaning of Fiscal Policy In Public Finance44. Objectives of Public Finance45. Revenue Allocation (Including Resource Control) 46. Sources of Government Revenue47. Meaning of Balanced Budget48. Reasons for Balanced Budget49. Meaning of Surplus And Deficit Budget50. Ways of Financing Deficit Budget And Their Effects51. Meaning of National Income Concepts And Their Uses 52. Ways of Measuring National Income And Their Limitations 53. Uses and Limitations of National Income Estimates54. Trends And Structure of National Income55. Money Market Institutions56. Capital Market Institutions57. Other Market Agencies58. Functions of Capital Market Institutions59. How The Stock Exchange Operates60. Secondary And Primary Markets61. Determinants of Supply And Demand For Money62. Value of Money And The Price Level63. Meaning And Types of Inflation64. Causes & Effects of Inflation/Deflation65. Control of Inflation/Deflation66. Inflation In Nigeria