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FIRST TERM SSI SCHEME OF WORK – ECONOMICS

FIRST TERM SSI SCHEME OF WORK – ECONOMICS

WEEK 1 Meaning and Scope of Economics

Definition, Scope,

Economics as a Science and Social Science

Why do we study economics?

WEEK 2 Basic Concepts in Economics

The concept of want, scarcity, choice, scale of preference and opportunity cost

Economic goods and free goods

Basic Economic problems of the society

WEEK 3 Basic Tools of Economic Analysis

Tables, charts, pictograms, graph etc

Pie chart, Linear Equation

WWEK 4. Measures of Central Tendency – Mean, median, mode. 59/113

WEEK 5. Measures of Dispersion – Range, Variance, Standard Derivation.

WEEK 6. Economic systems e.g capitalist, socialist etc.

WEEK 7 Theory of Production – Definition, factors of production, their importance & characteristics,

Reward for factors of production.

SECOND TERM SSI SCHEME OF WORK – ECONOMICS

WEEK 1 Labour market

Meaning of labour market and labour force

Efficiency of labour

Mobility of labour

Factors affecting size of labour force

WEEK 2 Business Organisation

Firm and Industry

Types and basic features of business enterprises

General and specific problems of business enterprises

Private and public companies

Characteristics

WEEK 3 POPULATION

Meaning

Determinants and Implications of population and population growth

Theories of population: Malthusian and demographic transition theory

Population distribution, types of population and the implication on the society

Population census, importance and problems

Rural-urban migration.

WEEK 4. Agriculture and mining

Meaning of Agriculture and mining

The components of Agriculture

The main features of the various systems of Agriculture

The importance of Agriculture to economic development in Nigeria.

Location of mineral deposits in Nigeria

WEEK 5 Financial Institutions

Meaning of financial institutions

Types and functions

Money and capital market

The benefit of capital market

WEEK 6 Money

Meaning

Types, characteristics and functions

Historical development of money

Qualities of a good money

THIRD TERM SSI SCHEME OF WORK – ECONOMICS


WEEK 1

1. Distribution – meaning, channels and processes

Functions of wholesalers, retailer, cooperative

Problems of distribution

2. Concept of Demand and Supply

Meaning, market equilibrium, demand and supply curve

Law of demand and supply

Types and factors affecting demand and supply

3. Concept of demand and supply (Continued)

Determination of equilibrium price

Price system

4. Theory of production

Division of labour and specialization and scale of production

5. The production possibility curve

Meaning of PPC

Concept of total, average and marginal product

Laws of valuable proportion

Calculation of PPC

6. Cost Concepts

Basic cost concepts and their difference cost curves

The relationship between costs and production

The difference between the economists and accountant view

7. The nature of the Nigerian Economy (General overview)

The relative contributions of primary, secondary and tertiary sectors

8. Instruments of Business Finance

Meaning of business finance

Sources of funds for business

Basic instruments for financing business e.g

Shares, bonds, debentures etc.

Problems of business financing in Nigeria.

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FIRST TERM SSI SCHEME OF WORK – ECONOMICS

FIRST TERM SSI SCHEME OF WORK – ECONOMICS

WEEK 1 Meaning and Scope of Economics

Definition, Scope,

Economics as a Science and Social Science

Why do we study economics?

WEEK 2 Basic Concepts in Economics

The concept of want, scarcity, choice, scale of preference and opportunity cost

Economic goods and free goods

Basic Economic problems of the society

WEEK 3 Basic Tools of Economic Analysis

Tables, charts, pictograms, graph etc

Pie chart, Linear Equation

WWEK 4. Measures of Central Tendency – Mean, median, mode. 59/113

WEEK 5. Measures of Dispersion – Range, Variance, Standard Derivation.

WEEK 6. Economic systems e.g capitalist, socialist etc.

WEEK 7 Theory of Production – Definition, factors of production, their importance & characteristics,

Reward for factors of production.

SECOND TERM SSI SCHEME OF WORK – ECONOMICS

WEEK 1 Labour market

Meaning of labour market and labour force

Efficiency of labour

Mobility of labour

Factors affecting size of labour force

WEEK 2 Business Organisation

Firm and Industry

Types and basic features of business enterprises

General and specific problems of business enterprises

Private and public companies

Characteristics

WEEK 3 POPULATION

Meaning

Determinants and Implications of population and population growth

Theories of population: Malthusian and demographic transition theory

Population distribution, types of population and the implication on the society

Population census, importance and problems

Rural-urban migration.

WEEK 4. Agriculture and mining

Meaning of Agriculture and mining

The components of Agriculture

The main features of the various systems of Agriculture

The importance of Agriculture to economic development in Nigeria.

Location of mineral deposits in Nigeria

WEEK 5 Financial Institutions

Meaning of financial institutions

Types and functions

Money and capital market

The benefit of capital market

WEEK 6 Money

Meaning

Types, characteristics and functions

Historical development of money

Qualities of a good money

THIRD TERM SSI SCHEME OF WORK – ECONOMICS


WEEK 1

1. Distribution – meaning, channels and processes

Functions of wholesalers, retailer, cooperative

Problems of distribution

2. Concept of Demand and Supply

Meaning, market equilibrium, demand and supply curve

Law of demand and supply

Types and factors affecting demand and supply

3. Concept of demand and supply (Continued)

Determination of equilibrium price

Price system

4. Theory of production

Division of labour and specialization and scale of production

5. The production possibility curve

Meaning of PPC

Concept of total, average and marginal product

Laws of valuable proportion

Calculation of PPC

6. Cost Concepts

Basic cost concepts and their difference cost curves

The relationship between costs and production

The difference between the economists and accountant view

7. The nature of the Nigerian Economy (General overview)

The relative contributions of primary, secondary and tertiary sectors

8. Instruments of Business Finance

Meaning of business finance

Sources of funds for business

Basic instruments for financing business e.g

Shares, bonds, debentures etc.

Problems of business financing in Nigeria.

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