SECOND TERM SCHEME OF WORK FOR ECONOMICS SS2

Senior Secondary School Scheme of work Second Term SS2 Edudelight.com

Second Term ss2 Economics Scheme of work Lagos State

WEEK            TOPIC

1-2                   Revision of theory of demand

                        Theory of supply

                        –  Definition of supply

                        – Explain the law of supply with tables and graphs.

                        Types of supply composite, complimentary and competitive)

3                      Abnormal Supply Curve

4                      Price determination in a free market

5                      Price system

6                      Public finance

7                      Taxation

8                      Uses of taxation

9                      Budget, Revenue allocation in Nigeria, National Debt.

10                    Agriculture Policies in Nigeria and Marketing of agricultural commodities prospects of agriculture.

11                    Revision

12                    Examination

SECOND TERM SCHEME OF WORK FOR ECONOMICS SS2 – MODIFIED I

WEEK 1:       REVISION OF LAST TERM’S WORK

• Production
• Production Possibility Curve
• Meaning And Graphical Illustration
• Law Of Variatible Proportion
• Concepts Of Total Average And Marginal Productivity

WEEK 2         COST CONCEPT

• Meaning Of Cost To An Accountant And Economist
• Types Of Cost (TC, FC,VC, AFC,MC ETC)
• Explain With Schedule And Graph
• Short And Long Run Cost

WEEK 3         REVENUE CONCEPT

• Meaning Of Revenue To An Economist
• Types (Total, Average And Marginal Revenue)
• Graphical Illustration, Schedule And Curve
• Calculations

WEEK 4         ECONOMIC SYSTEM

• Meaning Of Economic System
• Types Of Economic System (Capitalism, Socialism, Mixed Economy And Welfarism)
• Features Of Each
• Factors To Be Considered In The Adoption Of Economy System

WEEK 5         LABOUR MARKET

• Meaning Of Labour Market
• Concept Of Labour Force
• Factors Affecting The Size Of Labour Force
• Efficiency And Mobility Of Labour

WEEK 6         SUPPLY AND DEMAND FOR LABOUR

• Wage Determination
• Unemployment( Meaning And Types)
• Trade Union

WEEK 7:       MARKET STRUCTURE

• Meaning And Types Of Market (Perfect And Imperfect)
• Perfect Market (Meaning, Features And Market Equilibrium Position ( P = MR = MC= AR = D)

WEEK 8         IMPERFECT MARKET

• Meaning And Types Ith Graphical Illustrations
• Price Discrimination
• Equilibrium Position (Short And Long Run)

WEEK 9         INDUSTRIES IN NIGERIA

• Meaning Of Plants, Firm, Industry And Factory
• Types Of Industries (Mining, Construction Etc)

WEEK 10       LOCATION OF INDUSTRY

• Meaning Of Location Of Industry
• Factors Affecting Location Of Industry
• Localisation Of Industry
• Factors Affecting Localization Of Industry
• Advantages And Disadvantages Of Localization Of Industries

WEEK 11       REVISION AND EXAMINATION