AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Household firm relationship.
Gross domestic product (GDP) and Gross National product (GNP). Per Capita Income.

By the end of the lesson, the learner should be able to:
Define a household and a firm as business terms.
Describe a household and a firm as producers and consumers and their role in a country's economic growth.

Q/A: review definition of economics, production economics.
Exposition & explanations.
Q/A & discussion.

resource person
calculator

KLB BK IV
Pg 96-97

Longhorn Bk 4
Pg 20-21

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Contribution of Agriculture to national development.
Land as a factor of production.

By the end of the lesson, the learner should be able to:
Explain contribution of Agriculture to development.

Brain storming;
Discussion.

student book

KLB BK IV
Pg 98-9
Longhorn Bk 4
Pg 90-91

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Labor as a factor of production.
Capital.

By the end of the lesson, the learner should be able to:
Define the term labor as used in production.
Explain ways of improving labor productivity.
Identify types of labor.

Oral questions & discussion.

chart

KLB BK IV
Pg 100-2

Longhorn Bk 4
Pg 93-4

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Management as a production factor.
Production function.

By the end of the lesson, the learner should be able to:
State functions of a manager in a farm.
Identify good qualities of a manager.

Q/A & discussion.

KLB BK IV
Pg 103-4

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Production function curves.
Increasing returns production functions.

By the end of the lesson, the learner should be able to:
Illustrate and interpret input-output relationship graphically.

Worked examples: supervised practice.

Graph papers.

KLB BK IV
Pg 106-7
Longhorn Bk 4
Pg 98

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Constant returns production functions.
Decreasing returns production functions.

By the end of the lesson, the learner should be able to:
Constant returns production functions.
Give empirical examples where Increasing returns production functions are experienced.

Tabulate inputs and outputs.
Graphical representation of constant returns production functions.

charts
graphs

KLB BK IV
Pg 108-9

Longhorn Bk 4
Pg 99

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Law of diminishing returns.
Zones of a PF curve.

By the end of the lesson, the learner should be able to:
State the law oh diminishing returns.

Refer to illustrative tables.
Plot graphs from the tables;
Discuss shape of the curve.

graphs
Chart - Curve showing 3 zones of PF.

KLB BK IV
Pg 112

Longhorn Bk 4
Pg 100-1

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

The principles of substitution. Input-input relationship.
Product-product relationship. Supplementary and complementary products.

By the end of the lesson, the learner should be able to:
State the principles of substitution.
Give examples illustrating principles of substitution.
Identify ways of combining inputs.

Exposition.

Illustrative examples, brief discussion.

charts

KLB BK IV
Pg 115-6

Longhorn Bk 4
Pg 102

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

The principle of equi-marginal returns. The concept of cost.
Types of revenue.

By the end of the lesson, the learner should be able to:
State the principle of equi-marginal returns.

Determine the cost of production.
Identify the role of cost in production.
List types of costs.

Discussion.


Exposition;
Worked examples.

KLB BK IV
Pg 117-9

Longhorn Bk 4
Pg 104-5,6

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Farm planning.
Making a farm plan.

By the end of the lesson, the learner should be able to:
State factors to consider when drawing a farm plan.

Exposition, Q/A & discussion.

charts

KLB BK IV
Pg 121-2
Longhorn Bk 4
Pg 108

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Farm budgeting.
Types of farm budgets.

By the end of the lesson, the learner should be able to:
Define a farm budget.
Analyse importance of farm budgeting.

Exposition & discussion.

chart

KLB BK IV
Pg 123
Longhorn Bk 4
Pg 110

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Farmer?s support services Extension, training & banking.

By the end of the lesson, the learner should be able to:
Describe extension, training & banking as support services to the farmers.

Exposition & explanations.

KLB BK IV
Pg 127-8

Longhorn Bk 4
Pg 112-3

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Credit. Sources of credit.
Artificial insemination & Agricultural research.

By the end of the lesson, the learner should be able to:
Define the term credit.
Identify types of credit.
Differentiate between hard & soft credit.
List down sources of credit.
Identify problems associated with credits.

Detailed discussion
& exposition of new concepts.

student book

KLB BK IV
Pg 128-130



Longhorn Bk 4
Pg 113-5

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)

Marketing. Farm input suppliers Tractor hire service
Risks and uncertainties in farming.

By the end of the lesson, the learner should be able to:
Cite examples of organizations that help farmers in marketing their produce.
Cite organizations where farmers can obtain farm inputs.
State merits & demerits of tractor hire service.
Cite points of tractor hire service.

Writing initials in full e.g. KPCU.

Brief discussion

resource person

KLB BK IV
Pg 132-4


Longhorn Bk 4
Pg 112-3

AGRIC. ECONOMICS III (PRODUCTION ECONOMICS)
FARM POWER & MACHINERY.

Adjusting to uncertainties and risks.
Electrical system of a tractor.

By the end of the lesson, the learner should be able to:
Outline ways of adjusting to risks and uncertainties.

Brain storming;
Detailed discussion.

Chart-  electrical system.

KLB BK IV
Pg 135-6

Longhorn Bk 4
Pg 118-9

FARM POWER & MACHINERY.

Tractor ignition system.
Tractor cooling system.

By the end of the lesson, the learner should be able to:
Name the components of tractor ignition system.
Correct some common faults of ignition system.
Discuss maintenance practices of the ignition system.

Refer to a diagram for ignition system of a tractor;
Brief discussion.

Chart - ignition system.
Chart- water cooling system.

KLB BK IV
Pg 67-69

Longhorn Bk IV
Pg 62-63

FARM POWER & MACHINERY.

Lubrication system of an engine.
Power transmission system of an engine.

By the end of the lesson, the learner should be able to:
Describe the lubrication system of an engine.
Outline importance of maintaining the lubrication system.

Exposition;
Brief discussion.

diagram of a lubrication system
Chart- power transmission
system.

KLB BK IV
Pg 71-72
Longhorn Bk IV
Pg 64-5

FARM POWER & MACHINERY.

Tractor servicing.
Tractor drawn implements.

By the end of the lesson, the learner should be able to:
Describe tractor servicing and maintenance practices.

Brief discussion.

Charts-
Tractor drawn implements.

KLB BK IV
Pg 776-77
Longhorn Bk IV
Pg 65-6

FARM POWER & MACHINERY.

Disc plough.
Mould board plough.

By the end of the lesson, the learner should be able to:
Label parts of a disc plough
List down maintenance practices for a disc plough.

Q/A: review primary and secondary cultivation.

Drawing labeled diagrams.

Q/A & discussion.

Chart- Disc plough
Chart- Mould board plough

KLB BK IV
Pg 79-80

Longhorn Bk IV
Pg 68-9

FARM POWER & MACHINERY.

Harrows.
Other farm implements.

By the end of the lesson, the learner should be able to:
Identify types of harrows and their uses.
List down maintenance practices for harrows.

Drawing diagrams, Q/A & discussion.

harrows 
illustrative video

KLB BK IV
Pg 82-84
Longhorn Bk IV
Pg 72-77

FARM POWER & MACHINERY.
AGRICULTURE ECONOMIC IV (FARM ACCOUNTS)

Animal drawn implements.
Financial documents.

By the end of the lesson, the learner should be able to:
Identify parts of animal drawn implements and state their functions.
List down maintenance practices for an ox-plough, an ox-plough, and an ox-cart.
State merits & demerits of using animal-drawn implements compared to tractor power.

Drawing and labeling an ox-plough;
Probing questions;
Discussion.

Chart:
An ox-plough.
Invoice, receipt, delivery note and a purchase order.

KLB BK IV
Pg 91-94


Longhorn Bk IV
Pg 82-83

AGRICULTURE ECONOMIC IV (FARM ACCOUNTS)

Books of accounts.
Cash book.

By the end of the lesson, the learner should be able to:
Describe features of the ledger and the inventory.

Oral questions & brief discussion.
Illustrative tables.

Cash book.

KLB BK IV
Pg 146-150
Longhorn Bk 4
Pg 124

AGRICULTURE ECONOMIC IV (FARM ACCOUNTS)

Journal & Subsidiary books of the Journal.

By the end of the lesson, the learner should be able to:
Describe features of the journal & subsidiary books of the journal.

Oral questions & brief discussion.
Illustrative tables.

KLB BK IV
Pg 151-3

AGRICULTURE ECONOMIC IV (FARM ACCOUNTS)

Financial statements. Balance sheet.
Solvency of a business.

By the end of the lesson, the learner should be able to:
Describe features of balance sheets.
Prepare a balance sheet.

Make entries in a balance sheet.
Prepare a balance sheet.
Supervised practice.

Balance sheet.

KLB BK IV
Pg 154-7
Longhorn Bk 4
Pg 129-130

AGRICULTURE ECONOMIC IV (FARM ACCOUNTS)

Profit and loss account.

By the end of the lesson, the learner should be able to:
Define a profit and loss account.
Draw a profit and loss A/C.
Compute net profit.

Teacher gives format of profit and loss A/C.
Worked examples.
Supervised practice.

chart 

KLB BK IV
Pg 157-9
Longhorn Bk 4
Pg 132-3