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SCHEME OF WORK
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
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.
SUPPLY.
Movement along, and shift in demand curves.
Factors influencing supply of a product.
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.
chart
New Inventor KLB BOOK III Pg 8-9
3 1
SUPPLY.
Supply schedule and supply curve.
By the end of the lesson, the learner should be able to:
Draw supply curve from a supply schedule.
Practical exercise.
chart
New Inventor KLB BOOK III Pg 14-15
3 2-3
SUPPLY.
Movement along the curve.supply curve.
Shift in supply curve.
Equilibrium price and equilibrium quantity.
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
text book
Demand and supply schedule.
New Inventor KLB BOOK III Pg 15-
New Inventor KLB BOOK III Pg 15-16
3 4
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 1
SUPPLY.
Effects of change in supply on the equilibrium.
Excess demand and excess supply.
By the end of the lesson, the learner should be able to:
Explain the effects of change in supply on the equilibrium.
Brain storming;
Discussion.
chart
text book
New Inventor KLB BOOK III Pg 21
4 2-3
SUPPLY.
SIZE AND LOCATION OF A FIRM
Other methods of determining the price of a product.
Concept of firm and industry.
By the end of the lesson, the learner should be able to:
Outline other methods of determining the price o a product.




Differentiate between a firm and an industry.
Identify factors influencing goods and services to produce.
Exposition;
Probing questions;
Discussion.




Exposition of new concepts;
text book
New Inventor KLB BOOK III Pg 20-21
New Inventor KLB BOOK III Pg 23-24
4 4
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 1
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.
Exposition;
Oral questions;
Discussion.
chart
text book
New Inventor KLB BOOK III Pg 27-28
5 2-3
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.

Define the term diseconomies of scale.
Highlight some internal and external diseconomies of scale.
Exposition of new concepts.
Discussion.
Exposition of new concepts.
Oral questions;
Discussion.
text book
New Inventor KLB BOOK III Pg 29-30
New Inventor KLB BOOK III Pg 31-32
5 4
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 1
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.
Probing questions and discussion on
adverse effects of air pollution, water pollution, noise pollution & solid waste pollution.
text book
chart
New Inventor KLB BOOK III Pg 33-35
6 2-3
PRODUCT MARKETS
Introduction.
Perfect competition market.
Monopoly.
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.

Outline features of a perfect market.



Oral questions;
Probing questions;
Guided discussion.
chart
text book
New Inventor KLB BOOK III Pg 40
New Inventor KLB BOOK III Pg 41-42
6 4
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 1
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
7 2-3
PRODUCT MARKETS
PRODUCT MARKETS
CHAIN OF DISTRIBUTION
Monopolistic competition.
Oligopoly.
Channels of distribution.
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.



Describe features of an oligopolistic market.
Exposition, discussion and sketching illustrative graphs.
Exposition;
Probing questions;
Discussion.
chat,text book
New Inventor KLB BOOK III Pg 45-46
New Inventor KLB BOOK III Pg 46-47
7 4
CHAIN OF DISTRIBUTION
Distribution of local agricultural produce.
Distribution of locally manufactured goods.
By the end of the lesson, the learner should be able to:
Describe distribution of local agricultural produce.
Draw a flow chart;
Brief discussion.
Chart ?channels of distribution of local agricultural produce
Flow chart.
New Inventor KLB BOOK III Pg 50-51
8

Midterm

9 1
CHAIN OF DISTRIBUTION
Distribution of imported goods.
By the end of the lesson, the learner should be able to:
Describe distribution of imported goods.
Draw a flow chart;
Brief discussion.
Flow chart.
New Inventor KLB BOOK III Pg 52-53
9 2-3
CHAIN OF DISTRIBUTION
NATIONAL INCOME.
Roles played by intermediaries in the distribution chain.
Choice of distribution channel.
Meaning of national income, GDP, NDP, GNP & NNP. Per capita income.
By the end of the lesson, the learner should be able to:
Outline roles played by intermediaries in the distribution chain.



Define terms related to national income.
Brain storming;
Oral questions;
Discussion.



Exposition of new concepts, explanations & discussion.
Illustrative flow charts.
text book
New Inventor KLB BOOK III Pg 54-57
New Inventor KLB BOOK III Pg 59-60
9 4
NATIONAL INCOME.
Circular flow of income.
By the end of the lesson, the learner should be able to:
Describe the circular flow of income.
State assumptions made in circular flow of income.
Exposition of new concepts, explanations & discussion.
Chart: circular flow of income.
New Inventor KLB BOOK III Pg 60-61
10 1
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
10 2-3
NATIONAL INCOME.
Income approach of determining national income.
Output 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.


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.
New Inventor KLB BOOK III Pg 64-65
New Inventor KLB BOOK III Pg 65-66
10 4
NATIONAL INCOME.
Uses of national income statistics.
By the end of the lesson, the learner should be able to:
Outline uses of national income statistics.
Exposition of new concepts;
Probing questions;
Guided discussion.
text book
New Inventor KLB BOOK III Pg 66-67
11-12

End term exams

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