SS1 Third Term Economics Lesson Note and Scheme of Work

Third Term:

Week 1: Review of Second Term Concepts

Lesson Note: Quick recap of key concepts from the second term.

Activities: Group discussions, quiz on second term topics, and addressing any lingering questions.

Week 2: Poverty and Income Inequality

Lesson Note: Causes, consequences, and strategies to alleviate poverty and reduce income inequality.

Activities: Analyzing income distribution data, group projects on poverty alleviation.

Week 3: Social Responsibility and Business Ethics

Lesson Note: Role of businesses in society, ethical considerations in economic activities.

Activities: Case studies on ethical business practices, debate on corporate social responsibility.

Week 4: Innovation and Technology in Economics

Lesson Note: Impact of innovation and technology on economic development.

Activities: Research on technological advancements, discussion on the digital economy.

Week 5: Regional Economic Integration

Lesson Note: Types of regional economic integration, advantages, and challenges.

Activities: Group projects on regional economic blocs, simulation of regional trade agreements.

Week 6: Economic Indicators

Lesson Note: GDP, inflation rates, unemployment rates, and their significance.

Activities: Analyzing economic indicators, interpreting graphs and charts.

Week 7: Financial Literacy

Lesson Note: Basics of personal finance, budgeting, and investment.

Activities: Creating personal budgets, discussion on financial planning.

Week 8: Economic Impact of Health Crises

Lesson Note: Analyzing the economic consequences of health crises, lessons from global pandemics.

Activities: Research on economic responses to health crises, discussion on policy implications.

Week 9: Emerging Trends in Global Economics

Lesson Note: Exploration of current and future trends in the global economy.

Activities: Group presentations on emerging economic trends, discussion on their implications.

Week 10: Entrepreneurship and Small Business Development

Lesson Note: Role of entrepreneurship in economic development, supporting small businesses.

Activities: Guest speakers, business plan development, and case studies on successful entrepreneurs.

Week 11: Revision Week

Lesson Note: Comprehensive review of all topics covered in the third term.

Activities: Practice tests, group discussions, and addressing any remaining questions.

Week 12: Examination Week

Conducting the final examination based on the term’s syllabus.

Week 13: School Dismissal Week

Final wrap-up, feedback session, and distribution of reports.