« SS1

SS1 Economics Lesson Notes

Lesson plan, topics and scheme of work.

  1. Definitions, Scope, Importance And Methodology Of Economics
  2. Economics As A Science
  3. Concepts Of Wants, Scarcity, Scale Of Preference, Choice And Opportunity Cost
  4. Graphs, Charts And Tables With Relevant Examples
  5. Measures of Central Tendencies – Meaning:
  6. Types Of Central Tendency, Merits And Demerits And Simple Application:
  7. Price System, Demand – Meaning, Schedules, Curves, Laws
  8. Factors Affecting Demand
  9. Elasticity Of Demand
  10. Supply – Meaning, Schedules, Curves, Laws
  11. Factors Affecting Supply
  12. Elasticity of Supply
  13. Determinants of Equilibrium Price, Quantity And Point With Simple Applications
  14. Definition of Production
  15. Types of Production
  16. Factors of Production
  17. Meaning of Division of Labour
  18. Specialization
  19. Advantages, Disadvantages And Limitations of Division of Labour
  20. Meaning of Scale of Production
  21. Advantages And Disadvantages of Scale of Production
  22. Definition of Economic System
  23. Types of Economic Systems (Capitalism)
  24. Advantages And Disadvantages of Capitalism
  25. Types of Economic System (Socialism, Mixed economy)
  26. Advantages And Disadvantages of Socialism And Mixed Economy
  27. Advantages And Disadvantages of Socialism And Mixed Economy
  28. Basic Economic Problems of Society
  29. Definitions of Firms And Industry
  30. Types And Basic Features of Business Enterprises/Organisations
  31. General And Specific Problems of Business Enterprises
  32. Definitions of Private And Public Companies
  33. Characteristics of Private And Public Companies
  34. Distinction Between Private And Public Companies
  35. Definitions of Quoted And Unquoted Companies And Distinctions
  36. Shares, Debentures And Bonds
  37. Meaning of Population In Economics
  38. Determinants And Implication of Population, Size And Growth
  39. Theories of Population
  40. Distribution of Population: Geographical, Age, Sex And Occupational
  41. Importance And Problems of Census
  42. Rural – Urban Migration
  43. Concept of Labour Force
  44. Efficiency And Mobility of Labour Force
  45. Efficiency And Mobility of Labour Force
  46. Factors Affecting The Size of Labour Force Particularly The Population Characteristics
  47. General Overview And Structure of Nigerian Economy And Its Economic Potentials
  48. Nature And Structure of Industries In Nigeria
  49. Contributions of The Primary, Secondary And Tertiary Sectors
  50. Meaning of Agriculture
  51. Components of Agriculture, Crop Production, Livestock, Forestry, Fishing
  52. Systems of Agriculture (Cultivation Methods)
  53. Importance of Agriculture To Nigeria Economy
  54. Activities of Marketing Boards In Nigeria
  55. Components of The Nigerian Mining Industry
  56. Minerals: Types, Use And Locations
  57. Meaning And Segments of Financial System
  58. Features of Banking And Non-Banking Financial Institutions
  59. Functions of Each Institution And Its Importance
  60. Money And Capital Markets
  61. Construction of frequency distribution
  62. Benefits of Capital Markets
  63. Definition of Money
  64. Historical Development of Money
  65. Functions of Money
  66. Types of Money
  67. Qualities of A Good Money
  68. Channels And Process of Distribution
  69. Roles of Wholesaler
  70. Roles of Retailer
  71. Roles of Cooperatives
  72. Roles of Government Agencies In Product Distribution
  73. Problems of Distribution And Ways of Improvement
  74. Sources of Funds For Businesses
  75. Basic Instruments For Business Financing
  76. Meaning And Types of Shares, Debenture And Other Securities
  77. Problems of Business Financing In Nigeria