The table below is the SS1 Economics Scheme of Work for First Term.
Developed by the
Nigerian Educational Research and Development Council (NERDC)
S/N | Topic(s) | Content |
Sub: Theme | ||
PRINCIPLES OF ECONOMICS | ||
1. | Meaning of Economics & Related Concepts | i. Definitions, scope, importance and methodology of Economics. ii. Economics as a science. iii. Concept of Wants, Scarcity, Scale of Preference, Choice, Opportunity Cost. |
2. | Basic tools of Economic Analysis | i. Graphs, Charts and Tables. ii. Measurements of Central Tendency. |
3. | Concept of Demand and Supply | i. Price system, demand and supply schedules and curves, law of demand and supply, factors affecting demand and supply, determinants of equilibrium price. |
4. | Theory of Production | i. Meaning of production. ii. Types of production. iii. Factors of production iv. Division of labour and specialization. v. Scale of production. |
Sub: Theme | ||
ECONOMIC SYSTEMS | ||
5. | Basic Economic Problems of Society | i. Definition of economic system. ii. What to produce. iii. How to produce. iv. For whom to produce. v. Efficiency of resource use. |
Responses