BUSINESS STUDIES SCHEMES OF WORK FORM … · Web viewexplain the concept of a double entry demonstrate how the concept of double entry is applied when recording transaction Listening

TERM 1WK PRD TOPIC SUB-TOPIC SPECIFIC

OBJECTIVESTEACHING/ LEARNING ACTIVITIES

TEACHING/ LEARNING RESOURCES

REFERENCE REMARKS

2 1 Demand and supply

Meaning of demand-factors influencing demand

By the end of the lesson the learner should be able to explain the meaning of demandexplain the factors that influence demand

- Class Discussion- Question and answer Method

-Textbooks-Relevant Charts-Newspapers

Business studies form 3 pg 1-2Inventor B/studies F3 pg1

Lesson well covered

2 Demand and supply

Type of demand schedule and demand curve

By the end of the lesson the learner should be able todistinguish between derived demand and joint demanddraw a demand schedulederive a demand curve from a demand schedule

- Class Discussion- Question and Answer

-Text Books-Business Pages of Newspapers and Magazines

Business studies form 3 pg 4-5Inventor B/studies F3 pg5

Lesson well covered

3-4 Demand and supply

Movement along and shift in a demand curve

By the end of the lesson the learner should be able todescribe movement along a demand curvedistinguish

Class Discussion and Note taking

-Text Books- Charts Showing Curves-Business Newspaper and Magazines

Business studies form 3pg 7inventor B/studies F3 pg 8

Lesson well covered

1

between movement along a demand curve and shift in a demand curve

3 1-2 Supply Meaning of supply

By the end of the lesson the learner should be able to-explain the factors which influence the supply of a productexplain the meaning of supply

- Class Discussion - Question and answer

-Text Books-Business newspapers and magazinescharts

Business studies form 3 pg 14Inventor B/studies F3 pg10

Lesson well covered

3-4 Supply Types of supply

By the end of the lesson the learner should be able toexplain the various types of supply curve


- Text books and charts


Lesson well covered

4 1-2 Supply Supply schedule and supply curve

By the end of the lesson the learner should be able todevelop a supply schedule and a supply curve


-Text books-Charts-Graphs

Business studies form 3 pg 17Inventor B/studies pg14

Lesson well covered

3-4 Supply Movement along a supply curve and shift in a supply curve

By the end of the lesson the learner should be able toexplain the difference

- Drawing Curves- Question and Answers

-Chalkboard-Text books-Graphs of supply curves


Lesson well covered

2

between movement along and shift in a supply curvedraw graphs showing movement and shift in a supply curve

5 1-2 Equilibrium price and quantity

Meaning of equilibrium price

By the end of the lesson the learner should be able toexplain the meaning of equilibriumdraw curves to how to arrive at equilibrium price

- Drawing Curves- Question and answer

- Chalkboard-Graphs And Charts

Business studies form 3 pg 19Inventor B/studies F3 pg 16

Lesson well covered

3-4 Equilibrium price and quantity

Excess demand and excess supply

By the end of the lesson the learner should be able todraw curves showing excess demand and excess supplyexplain the effects of excess demand and excess supply on equilibrium price and quantity

- Drawing Curves- Explaining the effects of excess demand and excess supply on equilibrium price and quantity

Graphs Business studies form 3 pg 220Inventor B/studies F3 pg18

Lesson well covered

6 1-2 Equilibrium quantity

Effects of shift in demand and

By the end of the lesson the learner

Lesson well covered

-Text Books-Charts

Lesson well covered

3

Size and location of the firm

supply curves on equilibrium price and quantity

should be able toexplain the effects of shift in a demand curve and in a supply curve on the equilibrium price and quantityexplain meanings of afirm and an industry

3-4 Theory of a firm

Factors influencing what to produce

By the end of the lesson the learner should be able toexplain the relationship between scarcity of resources and opportunity costexplain the various factors which influence what to produce


Text books Business studies form 3 pg26Inventor B/ studies pg24

Lesson well covered

7 1-2 “ Determining the size of afirm

By the end of the lesson the learner should be able toexplain the concept of size as it relates to the firmdescribe the criteria of determining the

- Class Discussion- Question and answer

-Text Books-Relevant Local Case Studies


Lesson well covered

4

size of a firmexplain factors which may limit the growth of a firm

3-4 “ Location of afirm

By the end of the lesson the learner should be able toexplain the factors which influence the location of afirm

Asking and answering questionsDiscussion

-Text Books-Local Environment


Lesson well covered

8 1-2 “ Localization and delocalization of firms

By the end of the lesson the learner should be able toexplain the concept of localizationexplain the advantages and disadvantages of localization


-Text Books-Relevant Case Studies


Lesson well covered

3-4 “ Localization and delocalization of firms

By the end of the lesson the learner should be able toexplain the concept of delocalizationexplain the advantages and disadvantages of delocalization

- Question and Answers- Discussion


Business studies form 3 pg 36Inventor B/ studies f3 pg27

Lesson well covered

9 1-2 “ Economies By the end of the - Discussion -Text Books Business studies

5

and diseconomies of scale

lesson the learner should be able toexplain the terms economies of scale and diseconomies of scaledistinguish between internal economies of scale and external economies of scale

- Visit to an industrial area

-Relevant Case Studies

form 3 pg 38Inventor B/studies F3 pg29

3-4 “ “ By the end of the lesson the learner should be able todiscuss the sources of internal and external economies of scaleexplain the types of internal economies of scale

Discussion and Note taking



Lesson well covered

101 “ Existence of

small firms in an economy

By the end of the lesson the learner should be able to-state factors which favor the existence of small firms in an




Lesson well covered

6

economy

2-3 “ Effects of production on the environment and community health

By the end of the lesson the learner should be able todiscuss the implication of production activities on the environment and community health

- Visit to an industrial area- Observing and analyzing photographs and pictures

-Text Books-Resource Persons-Photos and Pictures-Newspapers


Lesson well covered

4 Product market

Introduction By the end of the lesson the learner should be able toexplain the meaning of a marketexplain the classification of markets


-Text Books-Photographs and Pictures of Market Place


Lesson well covered

11 1-4 “ Types of markets-perfect competition

By the end of the lesson the learner should be able todefine the term perfect competitiondiscuss the basic assumptions of the perfect competition-compare pure and perfect markets

- Discussion- Questions and answers

-Charts, Graphs-Text Books


Lesson well covered

7

WK

PRD TOPIC SUB-TOPIC SPECIFIC OBJECTIVES

TEACHING/ LEARNING ACTIVITIES


REFERENCES REMARKS

12 1-2 Product markets

Types of marketsmonopoly

By the end of the lesson the learner should be able to define the term monopolyexplain the basic assumptions of monopolyexplain the sources of monopoly power

Discussion and note taking

-case studies-Newspapers, magazines and journals


Lesson well covered

3-4 Product Determination of By the end of the Class discussion - Text books

8

markets price and output in a monopoly market

lesson the learner should be able toexplain how monopolies set their prices

- Newspaper magazines and journal articles


Monopolistic competition

By the end of the lesson the learner should be able toexplain the meaning of monopolistic competitionidentify and discuss basic assumptions of monopolistic competition market

Class discussion - Text books -Newspaper magazines and journal articles


Lesson well covered


Types of marketsoligopoly

By the end of the lesson the learner should be able toexplain the meaning of the term oligopolydiscuss the basic assumptions of oligopoly explain why oligopoly market is peculiar and different to study

Discussion Business studies form 3 pg 53Inventor B/studies F3 pg46

Lesson well covered

1-2 Product Types of markets By the end of the Discussion Business studies Lesson well

9

1 markets oligopoly lesson the learner should be able toexplain the sources of oligopoly powerdistinguish between pure and differentiated oligopoly


covered

3-4 Products markets

Other methods of determining the price of a commodity

By the end of the lesson the learner should be able toexplain other methods of determining the price of a product



Lesson well covered

2 1-2 Chain of distribution

Meaning and chain of distribution

By the end of the lesson the learner should be able toexplain the meaning of the term distributiondescribe the various channels of distribution


3-4 Chain of distribution

Distribution of various products

By the end of the lesson the learner should be able toidentify the various categories of products

Discussion - Text books-Local case studies-Charts showing the channels of distribution

Business studies form 3 pg 56Inventor B/studies F3 pg50-53

10

explain the channel used in the distribution of various products

3 1 Chain of distribution

Role of intermediaries in the distribution chain

By the end of the lesson the learner should be able toexplain the role of intermediaries in the distribution chain



2-3 Chain of distribution

Choosing a distribution channel

By the end of the lesson the learner should be able toexplain the factors that should be considered when choosing a distribution channel

Discussion -Local case studies-Text books

Business studies form 3 pg 63Inventor B/studies F3 pg 57

4 National income

Meaning of national income

By the end of the lesson the learner should be able toexplain the meaning of national income

Discussion - Text books-Charts showing the flow of money in an economy


4 1-2 National income

Circular flow of income

By the end of the lesson the learner should be able toexplain the meaning of three

Class discussion -Text books-Economic survey reports-Charts showing circular flow


11

sector and four sector economies

diagrams

3-4 National income

Circular flow of income

By the end of the lesson the learner should be able todescribe the circular flow of income

- Discussion- Analyzing economic survey reports

- Text books-Economic survey reports-Charts showing circular flow diagrams



Measurement of national income

By the end of the lesson the learner should be able to-explain the income, the expenditure and the output approaches to determining national incomedetermine national income using the various approaches

- Reading economic journal and magazines- Analyzing economic survey reports

- Economic surveys-Charts showing flow of income in an economy-Economic survey reports


3-4 National income

Measurement of national income

By the end of the lesson the learner should be able toexplain the problems encountered in measuring national income

- Reading economic journal and magazines- Analyzing economic survey reports

-Economic surveys-Charts showing flow of income in an economy-Economic survey reports



Uses of national income statistics

By the end of the lesson the learner

- Reading economic

-Economic surveys

Business studies form 3 pg 76

12

should be able todiscuss the uses of national income statistics

journal and magazines- Analyzing economic survey reports

-charts showing flow of income in an economy-economic survey reports

Inventor B/studies F3 pg66


Factors which influence the level of national income

By the end of the lesson the learner should be able toexplain the factors which influence the level of national income

Discussion -text books-economic survey reports-newspaper cuttings-magazines


3-4 Population and employment

Meaning and importance of population

By the end of the lesson the learner should be able toexplain the meaning of the term population

- Using local environment to explain the meaning of population- Discussion

-text books-local environment-population census

Business studies form 3 pg 78Inventor B/studies F3pg71

8 1-2 Population and employment

Basic concepts in population

By the end of the lesson the learner should be able toexplain the basic concepts in population

Discussion -text books-population census-population pyramids-demographic reports


3-4 Population and employment

Implication of population size and structure on development

By the end of the lesson the learner should be able toexplain the meaning of population size

- Analyzing population census and pyramids and economics survey reports

text books-population census-population pyramids-demographic


13

and population structureexplain the implications of population size and structure on the development of a country

- Reading newspaper cuttings

reports

9 1-2 Population and employment

Employment and unemployment-types of unemployment

By the end of the lesson the learner should be able toexplain the meaning of the term employment and unemploymentexplain the various types of unemployment

Discussion Text books-pictures and photographsLabor reports


3-4 Population and unemployment

Causes of unemployment-solutions to the unemployment problem

By the end of the lesson the learner should be able toexplain the causes of unemploymentdiscuss the measures that may be taken to solve unemployment problems

Discussion Text books-government sessional papers-labor reports and statistics-economic survey reports

Business studies form 3 pg 82Inventor B/studies f3 pg88

14

WK PRD TOPIC SUB-TOPIC SPECIFIC OBJECTIVES

TEACHING/ LEARNING ACTIVITIES


REFERENCES REMARKS

10 1 Population and employment

Emerging issues By the end of the lesson the learner should be able to:discuss the emerging issues related to population and employment

- Discussion- Reading newspaper magazine and journal articles

- Text books- Demographic reports- Labor reports- Population pyramids- Newspapers


1 1 Determining the net worth of a business

Assets, liabilities and capital

By the end of the lesson the learner should be able to:explain the meaning of the terms assets ,liabilities and capital

- DiscussionPreparing balance sheetDetermining the net worth of the school

- Text books- Relevant local environment- Financial reports of companies

Business studies form 3 pg84 Inventor B/studies F3 pg92

2 Determining The book- By the end of Deriving of the - Text books Business studies

15

the net worth of a business

keeping equation

the lesson the learner should be able to:derive the book keeping equation

bookkeeping equation

- Local environment

form 3 pg 87Inventor B/ studies F3 pg94

3 Determining the net worth of a business

The net worth of a business

By the end of the lesson the learner should be able toexplain and calculate the net worth of a business using the book keeping equation

CalculationsAnalyzing financial reports

- Text books- Financial reports of companies from newspapers and company publications


4 Determining the net worth of business

The net worth of a business-the balance sheet

By the end of the lesson the learner should be able toprepare a simple balance sheetrelate the book keeping equation to the balance sheet

DiscussionPreparing balance sheets

- Text books- Financial reports of companies- Newspaper cuttings


2 1 Business transactions

Meaning of business transactions-types of

By the end of the lesson the learner should be able to

Analyzing business documentsDiscussion on

- Text books- Relevant business documents e.g.

Business studies form 3 pg 95Inventor B/studies F3

16

business transaction

explain the meaning of the term business transactiondistinguish between cash and credit transactions

the meaning of the term

receipts and credit notes

pg100

2 Business transaction

Effects of transactions on a balance sheet

By the end of the lesson the learner should be able todescribe the effects of transactions on the balance sheet

Preparation of a simple balance sheet to show effect of transaction

- Text books- Financial reports of companies- Sample balance sheet


3 Business transaction

Cause of changes in capital-initial and final capital of a busines

By the end of the lesson the learner should be able toexplain the causes of changes in the capitaldetermine the initial and the final capital of a business

Discussion Business studies form 3 pg 102

4 The ledger Meaning and purpose of a

By the end of the lesson the

DiscussionVisit to the

Business studies form 3 pg 108

17

ledger learner should be able todescribe and draw an accountexplain the meaning and purpose of a ledger

school accounts officePreparing ledger accounts

Inventor B/studies F3 pg117

3 1 The ledger Recording transactions in the ledger accounts

By the end of the lesson the learner should be able toexplain the concept of a double entrydemonstrate how the concept of double entry is applied when recording transaction

Listening to resource persons

- Text books- Sample ledger accounts- Resource persons


2 The ledger Recording transactions in the ledger accounts

By the end of the lesson the learner should be able toexplain the rules of recording business transactions in a ledger accountrecord business

Visit the accounts officeRecording transactions in a ledger account


18

transactions in various ledger accounts

3 The ledger Balancing of ledger accounts

By the end of the lesson the learner should be able todescribe the procedure of balancing a ledger accountbalance off a ledger account

DiscussionBalancing ledger accounts

- Text books- Sample business transactions


4 The ledger Trial balance By the end of the lesson the learner should be able toexplain the meaning of trial balanceextract a trial balance from a ledger

Discussion - Text books- Ledger accounts


4 1 The ledger Trial balance By the end of the lesson the learner should be able toexplain the purpose and the limitations of a trial balance


2 The ledger -classification By the end of Classifying Business studies

19

of ledger accounts-types of ledger

the lesson the learner should be able toclassify ledger accountsdescribe the different types of ledgers

ledger accountsDiscussion on the different types of ledgers

form 3 pg 125Inventor B/studies F3 pg 139

3 Cash book Meaning of cash book

By the end of the lesson the learner should be able toexplain the meaning and purpose of a cash book

Discussion Business studies form 3 pg 130Inventor B/studies F3 pg 150

4 Cash book Types of cash books-single column cash book

By the end of the lesson the learner should be able todistinguish between various types of cash booksdescribe the format of a single column cash bookprepare a single column cash book and balance it off

DiscussionPreparing and balancing single column cash book

- Text books- Sample of single column cash book

Business studies form 3 pg131Inventor B/studies F3 pg151

5 1 Cash book Types of cash By the end of Discussion Business studies

20

books-two column and three column cash book

the lesson the learner should be able todescribe the format of two and three column cash booksprepare and balance two and three column cash books

Preparation of two and three column cash bookBalancing off


2 Source document and books of original entry

Source document

By the end of the lesson the learner should be able toexplain the meaning of the term source documentsidentify the various source documents used to record business transaction

Discussion on sample source documentsExplaining the meaning of source documents

- Text books- Sample source documents

Business studies form 3 pg 145Inventor B/studiesF4 pg1

3 Source documents and books of original entry

Books of original entry

By the end of the lesson the learner should be able toexplain the meaning of the term journal

Discussion Sample journals Business studies form 3 pg 148Inventor B/studiesF3 pg7

21

identify the various books of original entry

4 Source documents and books of original entry

The sales journals

By the end of the lesson the learner should be able todescribe the features of a sales journalrecord information in the sales journal from source documents


6 1 Source documents and books of original entry

The purchase journals

By the end of the lesson the learner should be able todescribe the features of a purchase journalrecord information in the purchase journal from source documents

Discussion -Sample purchase journals-Text books

Business studies form 3 pg 154Inventor B/studiesF4 pg14

2 Source document and books of original

The cash receipts journal

By the end of the lesson the learner should be able to

DiscussionPreparing cash receipts and posting entries

-Text books-Sample cash receipts


22

entry describe the features of cash receipt journalrecord information in the cash receipts journal from source documents

to the ledgers


By the end of the lesson the learner should be able todescribe the features of a cash payment journalrecord information in the cash payments journal from the source documents

DiscussionPreparing cash payments journal and posting entries to the ledgers



-The cash book-the general journal

By the end of the lesson the learner should be able todescribe the features of cash book journalrecord information in

Discussion -Text books- Sample cash book journals


23

the cash book journal from source document

24

Documents

BUSINESS STUDIES SCHEMES OF WORK FORM … · Web viewexplain the concept of a double entry demonstrate how the concept of double entry is applied when recording transaction Listening