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SCHEME OF WORK
Business Studies
Form 3 2025
TERM II
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WK LSN TOPIC SUB-TOPIC OBJECTIVES T/L ACTIVITIES T/L AIDS REFERENCE REMARKS
2 3
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
3 1
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
3 2
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
3 3
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
4 1
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
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
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 1
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 2
SIZE AND LOCATION OF A FIRM
Size 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
New Inventor KLB BOOK III Pg 24-25
5 3
SIZE AND LOCATION OF A FIRM
Location of a firm.
By the end of the lesson, the learner should be able to:
Identify factors influencing location of a firm.
Exposition of new concepts;
Detailed discussion.
chart
New Inventor KLB BOOK III Pg 25-27
6 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
6 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
6 3
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
7 1
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
7 2
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
7 3
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
8 1
SIZE AND LOCATION OF A FIRM
Negative impact of production activities on the 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
New Inventor KLB BOOK III Pg 33-35
8 2
SIZE AND LOCATION OF A FIRM
PRODUCT MARKETS
Maintaining a healthy environment.
Introduction.
By the end of the lesson, the learner should be able to:
Outline factors that contribute to a healthy business environment.
Brain storming;
Discussion.
chart
New Inventor KLB BOOK III Pg 36-38
8 3
PRODUCT MARKETS
Perfect competition market.
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
9

Mid term

10 1
PRODUCT MARKETS
Monopoly.
By the end of the lesson, the learner should be able to:
Identify features of a monopoly market.
Exposition of new ideas; Detailed discussion.
text book
New Inventor KLB BOOK III Pg 42-43
10 2
PRODUCT MARKETS
Monopoly.
By the end of the lesson, the learner should be able to:
Identify features of a monopoly market.
Exposition of new ideas; Detailed discussion.
text book
New Inventor KLB BOOK III Pg 42-43
10 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
11 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
11 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
11 3
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
12 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
12 2
PRODUCT MARKETS
The kinked demand curve.
By the end of the lesson, the learner should be able to:
Interpret the kinked demand curve.
Curve sketching;
Discussion.
text book
New Inventor KLB BOOK III Pg 47-48
12 3
PRODUCT MARKETS
The kinked demand curve.
By the end of the lesson, the learner should be able to:
Interpret the kinked demand curve.
Curve sketching;
Discussion.
text book
New Inventor KLB BOOK III Pg 47-48

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