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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 |
DEMAND.
|
Factors influencing demand.
|
By the end of the
lesson, the learner
should be able to:
Explain factors that influence demand of a commodity. |
Explanations;
Discussion. |
text book
|
New Inventor KLB BOOK IIIPg 2-5
|
|
2 | 3 |
DEMAND.
|
Demand schedule for an individual or entire market.
|
By the end of the
lesson, the learner
should be able to:
Prepare and interpret a demand schedule for an individual or entire market. |
Interpreting a demand schedule;
Brief discussion. |
text book
|
New Inventor KLB BOOK III pg 6-7
|
|
2 | 4 |
DEMAND.
|
Demand curves.
|
By the end of the
lesson, the learner
should be able to:
Illustrate law of demand graphically. |
Guided plotting of demand curves.
Discussion. |
Graph papers.
|
New Inventor KLB BOOK III Pg 7-8
|
|
3 | 1 |
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 | 2 |
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 | 3 |
SUPPLY.
|
Factors influencing supply of a product.
|
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 | 4 |
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
|
|
4 | 1 |
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-
|
|
4 | 2 |
SUPPLY.
|
Shift in supply curve.
|
By the end of the
lesson, the learner
should be able to:
Explain the effect of decreasing supply. |
Exposition;
discussion |
text book
|
New Inventor KLB BOOK III Pg 15-16
|
|
4 | 3 |
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 | 4 |
SUPPLY.
|
Equilibrium price and quantity.
(graphical method)
|
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.
|
New Inventor KLB BOOK III Pg 16-18
|
|
5 | 1 |
SUPPLY.
|
Effects of change in demand on the equilibrium.
Effects of change in supply on the equilibrium. |
By the end of the
lesson, the learner
should be able to:
Explain the effects of change in demand on the equilibrium. |
Explanations and graphical illustrations.
|
chart
|
New Inventor KLB BOOK III Pg 19-21
|
|
5 | 2 |
SUPPLY.
|
Excess demand and excess supply.
|
By the end of the
lesson, the learner
should be able to:
Define excess demand and excess supply. |
Discussion & graphical illustrations.
|
text book
|
New Inventor KLB BOOK III Pg 18-19
|
|
5 | 3 |
SUPPLY.
|
Other methods of determining the price of a product.
|
By the end of the
lesson, the learner
should be able to:
Outline other methods of determining the price o a product. |
Exposition;
Probing questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 20-21
|
|
5 | 4 |
SUPPLY.
|
Other methods of determining the price of a product.
|
By the end of the
lesson, the learner
should be able to:
Outline other methods of determining the price o a product. |
Exposition;
Probing questions; Discussion. |
text book
|
New Inventor KLB BOOK III Pg 20-21
|
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