FIRST TERM SCHEME OF WORK FOR ECONOMICS SS2

Senior Secondary School Scheme of work Economics First Term SS2 Edudelight.com

1st Term ss2 Economics Lagos State Scheme of work

WEEK   TOPIC

1          Measure of Central Tendency of Group Data   

2.         Measure of Dispersion of Variation of Grouped Data                             

3          Theory of Consumer Behaviour

4          Demand And  Supply

5          Elasticity of Demand

6          Elasticity of Supply

7          Income Elasticity of Demand

8          Cross Elasticity of Demand

9          Price Control / Legislation

10        Rationing & Hoarding

11        Revision

12        Examination

FIRST TERM SCHEME OF WORK FOR ECONOMICS SS2 – MODIFIED I

1. Basic tools for Economics Analysis; measures of central tendency (mean, median, mode, using grouped data).
2. Measures of dispersion; range, variance, mean deviation, standard deviation.
3. Theory of consumer behavior; concept of utility (Tu, Au, & Mu(, law of diminishing marginal utility.
4. Demand and supply; change in quantity demanded, Demand and supply; change in quantity supplied, change in supply, effects of changes in demand and supply on equilibrium price and quantity.
5. Elasticity of supply; meaning, types and measurement of elasticity of supply. (Graphical illustration), importance of elasticity of supply to consumers, producers and government.
6. Elasticity of Demand; meaning, types and measurement of elasticity of demand. (Graphical illustration), importance of elasticity of demand to consumers, producers and government.
7. Income elasticity of demand; definition, types (positive and negative), measurement of Income elasticity of demand
8. Cross elasticity of demand, definition, measurement of cross elasticity of demand
9. Price control / legislation; meaning, types (minimum and maximum)
10. Rationing and hoarding; meaning of Rationing and hoarding, effects of Rationing and hoarding, black markets and its effects.
11. Revision
12. Examination