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Business Studies
Form 3 2025
TERM I
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WK LSN TOPIC SUB-TOPIC OBJECTIVES T/L ACTIVITIES T/L AIDS REFERENCE REMARKS
1

Reporting and Revision
2 1
DEMAND.
Definition of demand. Factors influencing demand.
By the end of the lesson, the learner should be able to:


Define demand and effective demand.

State factors that influence demand of a commodity.



Brain storming;
Exposition;
Discussion.
text book
New Inventor
KLB BOOK III
Pg 1
2 2-3
DEMAND.
Factors influencing demand.
Demand schedule for an individual or entire market.
Demand curves.
By the end of the lesson, the learner should be able to:
Explain factors that influence demand of a commodity.

Illustrate law of demand graphically.
Explanations;
Discussion.
Guided plotting of demand curves.
Discussion.
text book
Graph papers.
New Inventor KLB BOOK IIIPg 2-5
New Inventor KLB BOOK III  Pg 7-8
2 4
DEMAND.
Movement along, and shift in demand curves.
By the end of the lesson, the learner should be able to:
Explain movement along the demand curve.
Illustrate an increase / decrease in demand graphically.
Q/A: review law of demand.
Curve sketching & explanations.
Chart- increasing and decreasing -supply.
New Inventor KLB BOOK III Pg 8-9
3 1
SUPPLY.
Factors influencing supply of a product.
Supply schedule and supply curve.
By the end of the lesson, the learner should be able to:
Explain factors that influence demand of a commodity.
Explanations;
Discussion.
chart
New Inventor KLB BOOK III Pg 9-13
3 2
SUPPLY.
Movement along the curve.supply curve.
By the end of the lesson, the learner should be able to:
Explain changes in supply with changes in prices of the commodity.
Identify incidents where a supply curve expands to the right or left.
Probing questions,
Graphical illustrations.
text book
New Inventor KLB BOOK III Pg 15-
3 2-3
SUPPLY.
Movement along the curve.supply curve.
Shift in supply curve.
By the end of the lesson, the learner should be able to:
Explain changes in supply with changes in prices of the commodity.
Identify incidents where a supply curve expands to the right or left.

Explain the effect of decreasing supply.
Probing questions,
Graphical illustrations.
Exposition;
discussion
text book
New Inventor KLB BOOK III Pg 15-
New Inventor KLB BOOK III Pg 15-16
3 4
SUPPLY.
Equilibrium price and equilibrium quantity.
By the end of the lesson, the learner should be able to:
Define the terms equilibrium price and equilibrium quantity.
Use demand and supply schedule to determine equilibrium price.
Examine schedules;
Make deductions;
Discussion.
Demand and supply schedule.
New Inventor KLB BOOK III Pg 16-17
4 1
SUPPLY.
Equilibrium price and quantity. (graphical method)
Effects of change in demand on the equilibrium.
By the end of the lesson, the learner should be able to:
Determine equilibrium price and equilibrium quantity graphically.
Graphical methods;
Make deductions.
Graph papers.
chart
New Inventor KLB BOOK III Pg 16-18
4 2-3
SUPPLY.
Effects of change in supply on the equilibrium.
Excess demand and excess supply.
Other methods of determining the price of a product.
By the end of the lesson, the learner should be able to:
Explain the effects of change in supply on the equilibrium.

Outline other methods of determining the price o a product.
Brain storming;
Discussion.
Exposition;
Probing questions;
Discussion.
chart
text book
New Inventor KLB BOOK III Pg 21
New Inventor KLB BOOK III Pg 20-21
4 4
SIZE AND LOCATION OF A FIRM
Concept of firm and industry.
By the end of the lesson, the learner should be able to:




Differentiate between a firm and an industry.
Identify factors influencing goods and services to produce.




Exposition of new concepts;
text book
New Inventor KLB BOOK III Pg 23-24
5 1
SIZE AND LOCATION OF A FIRM
Size of a firm.
Location of a firm.
By the end of the lesson, the learner should be able to:
Outline ways of determining size of a firm.
Oral questions;
Guided discussion.
text book
chart
New Inventor KLB BOOK III Pg 24-25
5 2-3
SIZE AND LOCATION OF A FIRM
Localization of a firm.
Delocalization of a firm.
By the end of the lesson, the learner should be able to:
Outline factors that encourage localization of a firm.
State advantages and disadvantages of localization of a firm.

Outline factors that encourage delocalization of a firm.
State advantages and disadvantages of delocalization of a firm.
Exposition;
Oral questions;
Discussion.
chart
text book
New Inventor KLB BOOK III Pg 27-28
5 4
SIZE AND LOCATION OF A FIRM
Internal economies of scale. External economies of scale.
Internal and external diseconomies of scale.
By the end of the lesson, the learner should be able to:
Define the term economy of scale.
Outline various economies of scale associated with a firm.
Outline benefits accruing to a firm as a result of growth of the whole industry.
Exposition of new concepts.
Discussion.
text book
New Inventor KLB BOOK III Pg 29-30
6 1
SIZE AND LOCATION OF A FIRM
Existence of small firms.
By the end of the lesson, the learner should be able to:
Give reasons that contribute to existence of small firms.
Brain storming;
Oral questions;
Discussion.
text book
New Inventor KLB BOOK III Pg 32-33
6 2-3
SIZE AND LOCATION OF A FIRM
Negative impact of production activities on the environment.
Maintaining a healthy environment.
By the end of the lesson, the learner should be able to:
Highlight adverse effects arising from production activities.
Outline factors that contribute to a healthy business environment.
Probing questions and discussion on
adverse effects of air pollution, water pollution, noise pollution & solid waste pollution.

Brain storming;
Discussion.
text book
chart
New Inventor KLB BOOK III Pg 33-35
New Inventor KLB BOOK III Pg 36-38
6 4
PRODUCT MARKETS
Introduction.
By the end of the lesson, the learner should be able to:



Define the term market and marketing.
Identify elements that dictate the type of market.



Oral questions;
Probing questions;
Guided discussion.
chart
New Inventor KLB BOOK III Pg 40
7 1
PRODUCT MARKETS
Perfect competition market.
Monopoly.
By the end of the lesson, the learner should be able to:
Outline features of a perfect market.
text book
New Inventor KLB BOOK III Pg 41-42
7 2-3
PRODUCT MARKETS
Monopoly power.
By the end of the lesson, the learner should be able to:
Outline ways of acquiring a monopoly power.
Exposition of new ideas; Detailed discussion.
text book
New Inventor KLB BOOK III Pg 43-45
7 4
PRODUCT MARKETS
Monopolistic competition.
By the end of the lesson, the learner should be able to:
Outline features of a monopolistic competition.
Describe price & output determination under monopolistic competition.
Exposition, discussion and sketching illustrative graphs.
chat,text book
New Inventor KLB BOOK III Pg 45-46
8

MID TERM BREAK
9 1
PRODUCT MARKETS
Oligopoly.
By the end of the lesson, the learner should be able to:
Describe features of an oligopolistic market.
Exposition;
Probing questions;
Discussion.
text book
New Inventor KLB BOOK III Pg 46-47
9 2-3
CHAIN OF DISTRIBUTION
Channels of distribution.
Distribution of local agricultural produce.
Distribution of locally manufactured goods.
Distribution of imported goods.
By the end of the lesson, the learner should be able to:


Define the term channel of distribution.
Identify common channels of distribution.

Describe distribution of locally manufactured goods.



Brain storming;
Probing questions;
Brief discussion.
Draw a flow chart;
Probing questions;
Brief discussion.
text book
Chart ?channels of distribution of local agricultural produce
Flow chart.
New Inventor KLB BOOK III Pg 49-50
New Inventor KLB BOOK III Pg 51-52
9 4
CHAIN OF DISTRIBUTION
Roles played by intermediaries in the distribution chain.
By the end of the lesson, the learner should be able to:
Outline roles played by intermediaries in the distribution chain.
Brain storming;
Oral questions;
Discussion.
Illustrative flow charts.
New Inventor KLB BOOK III Pg 54-57
10 1
CHAIN OF DISTRIBUTION
Choice of distribution channel.
By the end of the lesson, the learner should be able to:
Explain factors influencing choice of distribution channel.
Brain storming;
Oral questions;
Discussion.
text book
New Inventor KLB BOOK III Pg 57-58
10 2-3
NATIONAL INCOME.
Meaning of national income, GDP, NDP, GNP & NNP. Per capita income.
Circular flow of income.
By the end of the lesson, the learner should be able to:



Define terms related to national income.
Describe the circular flow of income.
State assumptions made in circular flow of income.



Exposition of new concepts, explanations & discussion.
Exposition of new concepts, explanations & discussion.
text book
Chart: circular flow of income.
New Inventor KLB BOOK III Pg 59-60
New Inventor KLB BOOK III Pg 60-61
10 4
NATIONAL INCOME.
Factors affecting circular flow of income.
Expenditure approach of determining national income.
By the end of the lesson, the learner should be able to:
Outline factors that affect circular flow of income.
Oral questions;
Exposition of concepts.
text book
Calculators,text book
New Inventor KLB BOOK III Pg 61-62
11 1
NATIONAL INCOME.
Income approach of determining national income.
By the end of the lesson, the learner should be able to:
Determine national income using income approach.
List down problems associated with income approach.
Exposition of new concepts, explanations & discussion;
Calculations.
Calculators.
New Inventor KLB BOOK III Pg 64-65
11 2-3
NATIONAL INCOME.
Income approach of determining national income.
Output approach of determining national income.
Uses of national income statistics.
By the end of the lesson, the learner should be able to:
Determine national income using income approach.
List down problems associated with income approach.


Determine national income using output approach.
List down problems associated with output approach.
Exposition of new concepts, explanations & discussion;
Calculations.
Exposition of new concepts;
Probing questions;
Guided discussion;
Calculations.
Calculators.
Calculators.
text book
New Inventor KLB BOOK III Pg 64-65
New Inventor KLB BOOK III Pg 65-66
11 4
NATIONAL INCOME.
Levels of national income.
By the end of the lesson, the learner should be able to:
Highlight factors that influence the levels of national income.
Exposition of new concepts;
Probing questions;
Guided discussion;
Review exercise.
text book
New Inventor KLB BOOK III Pg 68-70
12

EXAMS
13

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