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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.
Demand schedule for an individual or entire market. |
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 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
|
|
| 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 |
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 | 3 |
SUPPLY.
|
Shift in supply curve.
Equilibrium price and equilibrium quantity. |
By the end of the
lesson, the learner
should be able to:
Explain the effect of decreasing supply. |
Exposition;
discussion |
text book
Demand and supply schedule. |
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 |
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
|
|
| 4 | 3 |
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
|
|
| 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 |
SIZE AND LOCATION OF A FIRM
|
Internal economies of scale.
External economies 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
|
|
| 5 | 3 |
SIZE AND LOCATION OF A FIRM
|
Internal and external
diseconomies of scale.
|
By the end of the
lesson, the learner
should be able to:
Define the term diseconomies of scale. Highlight some internal and external diseconomies of scale. |
Exposition of new concepts.
Oral questions; Discussion. |
text book
|
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 |
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
|
|
| 6 | 3 |
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
|
|
| 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 |
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 | 3 |
PRODUCT MARKETS
THE LEDGER. |
Oligopoly.
Meaning and purpose of a ledger. |
By the end of the
lesson, the learner
should be able to:
Describe features of an oligopolistic market. |
Exposition;
Probing questions; Discussion. |
text book
A ledger book. |
New Inventor KLB BOOK III Pg 46-47
|
|
| 7 | 4 |
THE LEDGER.
|
Rules of recording transactions in ledger accounts.
|
By the end of the
lesson, the learner
should be able to:
Record transactions in a ledger A/Cs. |
Exposition and summary in tabular form
|
A ledger. |
New Inventor KLB BOOK III 118-120
|
|
| 8 | 1 |
THE LEDGER.
|
The concept of double entry.
|
By the end of the
lesson, the learner
should be able to:
Apply the rule of double entry. |
Further worked examples;
Supervised practice. Assignment. |
text book
|
New Inventor KLB BOOK III Pg 120
|
|
| 8 | 2 |
THE LEDGER.
|
The concept of double entry.
|
By the end of the
lesson, the learner
should be able to:
Apply the rule of double entry. |
Further worked examples;
Supervised practice. Assignment. |
text book
|
New Inventor KLB BOOK III Pg 120
|
|
| 8 | 3 |
THE LEDGER.
|
Recording business transactions in ledger accounts.
|
By the end of the
lesson, the learner
should be able to:
Record accounting transactions in ledger A/Cs. |
Exposition;
Oral questions; Guided discovery. |
Ledger.
|
New Inventor KLB BOOK III Pg 120-5
|
|
| 8 | 4 |
THE LEDGER.
|
Purchase of goods and purchase of stock in cash / on credit.
Purchase returns. |
By the end of the
lesson, the learner
should be able to:
Record purchase of stock in cash / on credit. |
Exposition;
Oral questions; Guided discovery. |
The Ledger.
|
New Inventor KLB BOOK III Pg 127-9
|
|
| 9 |
Mid term break |
|||||||
| 10 | 1 |
THE LEDGER.
|
Sale returns.
Expenses in ledger account. |
By the end of the
lesson, the learner
should be able to:
Record sales returns in ledger account. |
Worked examples;
Supervised practice. |
The Ledger.
|
New Inventor KLB BOOK III Pg 130
|
|
| 10 | 2 |
THE LEDGER.
|
Revenues in ledger accounts.
|
By the end of the
lesson, the learner
should be able to:
Record revenues in the ledger account. |
Worked examples;
Supervised practice. |
The Ledger.
|
New Inventor KLB BOOK III Pg 131
|
|
| 10 | 3 |
THE LEDGER.
|
Drawings in ledger accounts.
|
By the end of the
lesson, the learner
should be able to:
Record drawings in a ledger account. |
Practical activity;
Worked examples; Supervised practice. |
The Ledger.
|
New Inventor KLB BOOK III Pg 132
|
|
| 10 | 4 |
THE LEDGER.
|
Balancing ledger accounts.
|
By the end of the
lesson, the learner
should be able to:
Balance ledger accounts. |
Oral questions;
Guided discovery; Numerous examples. |
The Ledger.
|
New Inventor KLB BOOK III Pg 133-4
|
|
| 11 | 1 |
THE LEDGER.
|
Balancing an account with only one entry.
Uses of ledger accounts. |
By the end of the
lesson, the learner
should be able to:
Balance an account with only one entry. |
Oral questions;
Guided discovery; Worked examples. |
The Ledger.
chart |
New Inventor KLB BOOK III Pg 134-6
|
|
| 11 | 2 |
THE LEDGER.
|
Trial balance.
Purpose of a trial balance.
Limitations of a trial balance. |
By the end of the
lesson, the learner
should be able to:
Identify features of a trial balance. Explain the purpose of a trial balance. |
Q/A: review meaning of a trial balance;
Guided discussion. |
chart
|
New Inventor KLB BOOK III Pg 137-8
|
|
| 11 | 3 |
THE LEDGER.
|
Classification of ledger accounts.
|
By the end of the
lesson, the learner
should be able to:
Distinguish personal from impersonal accounts. Outline types of ledgers. |
Probing questions;
Discussion. |
chart
|
New Inventor KLB BOOK III Pg 140
|
|
| 11 | 4 |
THE LEDGER.
|
The general ledger.
|
By the end of the
lesson, the learner
should be able to:
Outline features of the general ledger. |
Oral questions;
Guided discussion. |
Chart ?classes of accounts and appropriate ledgers.
|
New Inventor KLB BOOK III Pg 141
|
|
| 12 | 1 |
THE LEDGER.
|
Topic review.
|
By the end of the
lesson, the learner
should be able to:
Answer review questions correctly. |
Answer questions from revision exercise.
|
|
New Inventor KLB BOOK III Pg 142-9
|
|
| 12 | 2 |
THE CASH BOOK
|
Types of cash books.
Single- column cash book.
|
By the end of the
lesson, the learner
should be able to:
List types of cashbooks. Identify features of a single-column cash book. Post entries in a single-column cash book. |
Worked examples. Written assignment. |
Single-column cash book. |
New Inventor KLB BOOK III Pg 151-2
|
|
| 12 | 3 |
THE CASH BOOK
|
The two- column cash book.
Ledger accounts from three-column cash book. |
By the end of the
lesson, the learner
should be able to:
Balance off the two- column cash book. |
Worked examples.
Written assignment. Worked examples. Supervised exercise. |
Two-column cash book.
3-column cash book, the ledger. |
New Inventor KLB BOOK III Pg 155-6
|
|
| 12 | 4 |
THE CASH BOOK
|
The three-column cash book.
|
By the end of the
lesson, the learner
should be able to:
Record transactions in a three-column cash book. Balance off the three- column cash book. |
Worked examples illustrating transactions in a 3- column cash book.
Supervised practice. Written exercise. |
3-column cash book.
|
New Inventor KLB BOOK III Pg 156-9
|
|
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