ࡱ> [ 09hbjbj 7ΐΐ`0%%%8]l%Y2hUU"wwwRRR1111111$3c61RRRRR1ww2(((Rdww1(R1((:-.w@!,%dx. 1)20Y2.R#7h#7.#7.RR(RRRRR11""RRRY2RRRR#7RRRRRRRRR : TERM 1 WKPRDTOPICSUB-TOPICSPECIFIC OBJECTIVESTEACHING/ LEARNING ACTIVITIESTEACHING/ LEARNING RESOURCESREFERENCEREMARKS21Demand and supplyMeaning of demand -factors influencing demandBy the end of the lesson the learner should be able to explain the meaning of demand explain the factors that influence demand- Class Discussion - Question and answer Method-Textbooks -Relevant Charts -Newspapers Business studies form 3 pg 1-2 Inventor B/studies F3 pg1 Lesson well covered2Demand and supplyType of demand schedule and demand curveBy the end of the lesson the learner should be able to distinguish between derived demand and joint demand draw a demand schedule derive 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 4-5 Inventor B/studies F3 pg5Lesson well covered3-4Demand and supplyMovement along and shift in a demand curveBy the end of the lesson the learner should be able to describe movement along a demand curve distinguish between movement along a demand curve and shift in a demand curveClass Discussion and Note taking-Text Books - Charts Showing Curves -Business Newspaper and MagazinesBusiness studies form 3 pg 7 inventor B/studies F3 pg 8Lesson well covered31-2SupplyMeaning of supplyBy the end of the lesson the learner should be able to -explain the factors which influence the supply of a product explain the meaning of supply- Class Discussion - Question and answer-Text Books -Business newspapers and magazines charts Business studies form 3 pg 14 Inventor B/studies F3 pg10Lesson well covered3-4SupplyTypes of supplyBy the end of the lesson the learner should be able to explain the various types of supply curveClass Discussion and Note taking- Text books and charts Business studies form 3 pg 16 Inventor B/studies F3 pg14Lesson well covered41-2SupplySupply schedule and supply curveBy the end of the lesson the learner should be able to develop a supply schedule and a supply curveClass Discussion and Note taking-Text books -Charts -Graphs Business studies form 3 pg 17 Inventor B/studies pg14Lesson well covered3-4SupplyMovement along a supply curve and shift in a supply curveBy the end of the lesson the learner should be able to explain the difference between movement along and shift in a supply curve draw graphs showing movement and shift in a supply curve- Drawing Curves - Question and Answers-Chalkboard -Text books -Graphs of supply curvesBusiness studies form 3 pg 18 Inventor B/studies F3 pg15Lesson well covered51-2Equilibrium price and quantityMeaning of equilibrium priceBy the end of the lesson the learner should be able to explain the meaning of equilibrium draw curves to how to arrive at equilibrium price- Drawing Curves - Question and answer- Chalkboard -Graphs And Charts Business studies form 3 pg 19 Inventor B/studies F3 pg 16Lesson well covered3-4Equilibrium price and quantityExcess demand and excess supplyBy the end of the lesson the learner should be able to draw curves showing excess demand and excess supply explain 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 quantityGraphs Business studies form 3 pg 220 Inventor B/studies F3 pg18Lesson well covered61-2Equilibrium quantity Size and location of the firmEffects of shift in demand and supply curves on equilibrium price and quantityBy the end of the lesson the learner should be able to explain the effects of shift in a demand curve and in a supply curve on the equilibrium price and quantity explain meanings of afirm and an industryLesson well covered-Text Books -ChartsLesson well covered3-4Theory of a firmFactors influencing what to produceBy the end of the lesson the learner should be able to explain the relationship between scarcity of resources and opportunity cost explain the various factors which influence what to produceClass Discussion and Note takingText books Business studies form 3 pg26 Inventor B/ studies pg24Lesson well covered71-2Determining the size of afirmBy the end of the lesson the learner should be able to explain the concept of size as it relates to the firm describe the criteria of determining the size of a firm explain factors which may limit the growth of a firm- Class Discussion - Question and answer-Text Books -Relevant Local Case Studies Business studies form 3 pg 27 Inventor B/studies F3 pg24Lesson well covered3-4Location of afirmBy the end of the lesson the learner should be able to explain the factors which influence the location of afirmAsking and answering questions Discussion-Text Books -Local Environment Business studies form 3 pg 32 Inventor B/studies F3 pg25 Lesson well covered81-2Localization and delocalization of firmsBy the end of the lesson the learner should be able to explain the concept of localization explain the advantages and disadvantages of localizationClass Discussion and Note taking-Text Books -Relevant Case StudiesBusiness studies form 3 pg 34 Inventor B/studies F3 pg27Lesson well covered3-4Localization and delocalization of firmsBy the end of the lesson the learner should be able to explain the concept of delocalization explain the advantages and disadvantages of delocalization- Question and Answers - Discussion-Text Books -Relevant Case Studies Business studies form 3 pg 36 Inventor B/ studies f3 pg27Lesson well covered91-2Economies and diseconomies of scaleBy the end of the lesson the learner should be able to explain the terms economies of scale and diseconomies of scale distinguish between internal economies of scale and external economies of scale- Discussion - Visit to an industrial area-Text Books -Relevant Case Studies Business studies form 3 pg 38 Inventor B/studies F3 pg293-4By the end of the lesson the learner should be able to discuss the sources of internal and external economies of scale explain the types of internal economies of scaleDiscussion and Note taking-Text Books -Relevant Case Studies Business studies form 3 pg 41 Inventor B/studies F3 pg31Lesson well covered 101Existence of small firms in an economyBy the end of the lesson the learner should be able to -state factors which favor the existence of small firms in an economy Discussion and Note taking-Text Books -Relevant Case Studies Business studies form 3 pg 43 Inventor B/studies F3 pg32 Lesson well covered2-3Effects of production on the environment and community healthBy the end of the lesson the learner should be able to discuss 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 Business studies form 3 pg 45 Inventor B/studies F3 pg34Lesson well covered4Product marketIntroductionBy the end of the lesson the learner should be able to explain the meaning of a market explain the classification of marketsDiscussion and Note taking-Text Books -Photographs and Pictures of Market Place Business studies form 3 pg 47 Inventor B/studies F3 pg40Lesson well covered111-4Types of markets -perfect competitionBy the end of the lesson the learner should be able to define the term perfect competition discuss the basic assumptions of the perfect competition -compare pure and perfect markets- Discussion - Questions and answers-Charts, Graphs -Text Books Business studies form 3 pg 49 57 Inventor B/studies F3 pg41Lesson well covered WKPRDTOPICSUB-TOPICSPECIFIC OBJECTIVESTEACHING/ LEARNING ACTIVITIESTEACHING/ LEARNING RESOURCESREFERENCESREMARKS121-2Product marketsTypes of markets monopolyBy the end of the lesson the learner should be able to define the term monopoly explain the basic assumptions of monopoly explain the sources of monopoly powerDiscussion and note taking-case studies -Newspapers, magazines and journals Business studies form 3 pg 50 Inventor B/studies F3 pg42Lesson well covered3-4Product marketsDetermination of price and output in a monopoly marketBy the end of the lesson the learner should be able to explain how monopolies set their pricesClass discussion - Text books - Newspaper magazines and journal articles131-2Product marketsMonopolistic competitionBy the end of the lesson the learner should be able to explain the meaning of monopolistic competition identify and discuss basic assumptions of monopolistic competition marketClass discussion- Text books -Newspaper magazines and journal articles Business studies form 3 pg 52 Inventor B/studies F3 pg45Lesson well covered143-4Product marketsTypes of markets oligopolyBy the end of the lesson the learner should be able to explain the meaning of the term oligopoly discuss the basic assumptions of oligopoly explain why oligopoly market is peculiar and different to study Discussion  Business studies form 3 pg 53 Inventor B/studies F3 pg46Lesson well covered 11-2Product marketsTypes of markets oligopolyBy the end of the lesson the learner should be able to explain the sources of oligopoly power distinguish between pure and differentiated oligopoly DiscussionBusiness studies form 3 pg 52 Inventor B/studies F3 pg47 Lesson well covered3-4Products marketsOther methods of determining the price of a commodityBy the end of the lesson the learner should be able to explain other methods of determining the price of a productDiscussion and note taking Business studies form 3 pg 53 Inventor B/studies F3 pg48Lesson well covered21-2Chain of distributionMeaning and chain of distributionBy the end of the lesson the learner should be able to explain the meaning of the term distribution describe the various channels of distributionDiscussion Business studies form 3 pg 54 Inventor B/studies F3 pg493-4Chain of distributionDistribution of various productsBy the end of the lesson the learner should be able to identify the various categories of products explain the channel used in the distribution of various products Discussion- Text books -Local case studies -Charts showing the channels of distribution Business studies form 3 pg 56 Inventor B/studies F3 pg50-53 31Chain of distributionRole of intermediaries in the distribution chainBy the end of the lesson the learner should be able to explain the role of intermediaries in the distribution chain Discussion and note taking Business studies form 3 pg 61 Inventor B/studies F3 pg542-3Chain of distributionChoosing a distribution channelBy the end of the lesson the learner should be able to explain the factors that should be considered when choosing a distribution channel Discussion-Local case studies -Text books Business studies form 3 pg 63 Inventor B/studies F3 pg 574National incomeMeaning of national incomeBy the end of the lesson the learner should be able to explain the meaning of national incomeDiscussion- Text books -Charts showing the flow of money in an economy Business studies form 3 pg 67 Inventor B/studies F3 pg5741-2National incomeCircular flow of incomeBy the end of the lesson the learner should be able to explain the meaning of three sector and four sector economiesClass discussion-Text books -Economic survey reports -Charts showing circular flow diagrams Business studies form 3 pg 69 Inventor B/studies F3 pg593-4National incomeCircular flow of incomeBy the end of the lesson the learner should be able to describe the circular flow of income- Discussion - Analyzing economic survey reports- Text books -Economic survey reports -Charts showing circular flow diagrams Business studies form 3 pg 71 Inventor B/studies F3 pg6251-2National incomeMeasurement of national incomeBy the end of the lesson the learner should be able to -explain the income, the expenditure and the output approaches to determining national income determine 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 Business studies form 3 pg 774 Inventor B/studies F3 pg633-4National incomeMeasurement of national incomeBy the end of the lesson the learner should be able to explain 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 Business studies form 3 pg 75 Inventor B/studies F3 pg6461-2National incomeUses of national income statisticsBy the end of the lesson the learner should be able to discuss the uses of national income statistics- Reading economic journal and magazines - Analyzing economic survey reports-Economic surveys -charts showing flow of income in an economy -economic survey reports Business studies form 3 pg 76 Inventor B/studies F3 pg6671-2National incomeFactors which influence the level of national incomeBy the end of the lesson the learner should be able to explain the factors which influence the level of national income Discussion -text books -economic survey reports -newspaper cuttings -magazines Business studies form 3 pg 76 Inventor B/studies F3 pg683-4Population and employmentMeaning and importance of populationBy the end of the lesson the learner should be able to explain 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 78 Inventor B/studies F3pg7181-2Population and employmentBasic concepts in populationBy the end of the lesson the learner should be able to explain the basic concepts in populationDiscussion-text books -population census -population pyramids -demographic reports Business studies form 3 pg 78 Inventor B/studies F3 pg723-4Population and employmentImplication of population size and structure on developmentBy the end of the lesson the learner should be able to explain the meaning of population size and population structure explain the implications of population size and structure on the development of a country- Analyzing population census and pyramids and economics survey reports - Reading newspaper cuttingstext books -population census -population pyramids -demographic reports Business studies form 3 pg 80 Inventor B/studies F3 pg8191-2Population and employmentEmployment and unemployment -types of unemploymentBy the end of the lesson the learner should be able to explain the meaning of the term employment and unemployment explain the various types of unemployment DiscussionText books -pictures and photographs Labor reportsBusiness studies form 3 pg 81 Inventor B/studies F3 pg833-4Population and unemploymentCauses of unemployment -solutions to the unemployment problemBy the end of the lesson the learner should be able to explain the causes of unemployment discuss the measures that may be taken to solve unemployment problemsDiscussionText books -government sessional papers -labor reports and statistics -economic survey reports Business studies form 3 pg 82 Inventor B/studies f3 pg88 WKPRDTOPICSUB-TOPICSPECIFIC OBJECTIVESTEACHING/ LEARNING ACTIVITIESTEACHING/ LEARNING RESOURCESREFERENCESREMARKS101Population and employmentEmerging issuesBy 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 Business studies form 3 pg 82 Inventor B/studies F3 pg8911Determining the net worth of a businessAssets, liabilities and capitalBy the end of the lesson the learner should be able to: explain the meaning of the terms assets ,liabilities and capital- Discussion Preparing balance sheet Determining 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 2Determining the net worth of a businessThe book-keeping equationBy the end of the lesson the learner should be able to: derive the book keeping equationDeriving of the bookkeeping equation- Text books - Local environment Business studies form 3 pg 87 Inventor B/ studies F3 pg94 3Determining the net worth of a businessThe net worth of a businessBy the end of the lesson the learner should be able to explain and calculate the net worth of a business using the book keeping equation Calculations Analyzing financial reports- Text books - Financial reports of companies from newspapers and company publications Business studies form 3 pg 88 Inventor B/studies pg99 4Determining the net worth of businessThe net worth of a business -the balance sheetBy the end of the lesson the learner should be able to prepare a simple balance sheet relate the book keeping equation to the balance sheetDiscussion Preparing balance sheets- Text books - Financial reports of companies - Newspaper cuttings Business studies form 3 pg 89 Inventor B/studies F3 pg9921Business transactionsMeaning of business transactions -types of business transactionBy the end of the lesson the learner should be able to explain the meaning of the term business transaction distinguish between cash and credit transactionsAnalyzing business documents Discussion on the meaning of the term- Text books - Relevant business documents e.g. receipts and credit notes Business studies form 3 pg 95 Inventor B/studies F3 pg100 2Business transactionEffects of transactions on a balance sheetBy the end of the lesson the learner should be able to describe the effects of transactions on the balance sheetPreparation of a simple balance sheet to show effect of transaction - Text books - Financial reports of companies - Sample balance sheetBusiness studies form 3 pg 97 Inventor B/studies F3 pg1043Business transactionCause of changes in capital -initial and final capital of a businesBy the end of the lesson the learner should be able to explain the causes of changes in the capital determine the initial and the final capital of a business DiscussionBusiness studies form 3 pg 1024The ledgerMeaning and purpose of a ledgerBy the end of the lesson the learner should be able to describe and draw an account explain the meaning and purpose of a ledgerDiscussion Visit to the school accounts office Preparing ledger accountsBusiness studies form 3 pg 108 Inventor B/studies F3 pg11731The ledgerRecording transactions in the ledger accountsBy the end of the lesson the learner should be able to explain the concept of a double entry demonstrate how the concept of double entry is applied when recording transaction Listening to resource persons - Text books - Sample ledger accounts - Resource persons Business studies form 3 pg 109 Inventor B/studies F3 pg1182The ledgerRecording transactions in the ledger accountsBy the end of the lesson the learner should be able to explain the rules of recording business transactions in a ledger account record business transactions in various ledger accountsVisit the accounts office Recording transactions in a ledger account Business studies form 3 pg 110 Inventor B/studies F3 pg120 3The ledgerBalancing of ledger accountsBy the end of the lesson the learner should be able to describe the procedure of balancing a ledger account balance off a ledger account Discussion Balancing ledger accounts- Text books - Sample business transactions Business studies form 3 pg 121 Inventor B/studies F3 pg1334The ledgerTrial balanceBy the end of the lesson the learner should be able to explain the meaning of trial balance extract a trial balance from a ledgerDiscussion- Text books - Ledger accounts Business studies form 3 pg 123 Inventor B/studies pg11741The ledgerTrial balanceBy the end of the lesson the learner should be able to explain the purpose and the limitations of a trial balanceDiscussion Business studies form 3 pg 125 Inventor B/studies F3 pg1382The ledger-classification of ledger accounts -types of ledgerBy the end of the lesson the learner should be able to classify ledger accounts describe the different types of ledgersClassifying ledger accounts Discussion on the different types of ledgers Business studies form 3 pg 125 Inventor B/studies F3 pg 1393Cash bookMeaning of cash bookBy the end of the lesson the learner should be able to explain the meaning and purpose of a cash bookDiscussion Business studies form 3 pg 130 Inventor B/studies F3 pg 150 4Cash bookTypes of cash books -single column cash bookBy the end of the lesson the learner should be able to distinguish between various types of cash books describe the format of a single column cash book prepare a single column cash book and balance it offDiscussion Preparing and balancing single column cash book- Text books - Sample of single column cash book Business studies form 3 pg131 Inventor B/studies F3 pg15151Cash bookTypes of cash books -two column and three column cash bookBy the end of the lesson the learner should be able to describe the format of two and three column cash books prepare and balance two and three column cash booksDiscussion Preparation of two and three column cash book Balancing off Business studies form 3 pg 132 Inventor B/studies F3 pg152 2Source document and books of original entrySource documentBy the end of the lesson the learner should be able to explain the meaning of the term source documents identify the various source documents used to record business transactionDiscussion on sample source documents Explaining the meaning of source documents- Text books - Sample source documents Business studies form 3 pg 145 Inventor B/studiesF4 pg13Source documents and books of original entryBooks of original entryBy the end of the lesson the learner should be able to explain the meaning of the term journal identify the various books of original entryDiscussionSample journals Business studies form 3 pg 148 Inventor B/studiesF3 pg74Source documents and books of original entryThe sales journalsBy the end of the lesson the learner should be able to describe the features of a sales journal record information in the sales journal from source documentsDiscussion Business studies form 3 pg 150 Inventor B/studies F4 pg861Source documents and books of original entryThe purchase journalsBy the end of the lesson the learner should be able to describe the features of a purchase journal record information in the purchase journal from source documentsDiscussion-Sample purchase journals -Text books Business studies form 3 pg 154 Inventor B/studiesF4 pg142Source document and books of original entryThe cash receipts journalBy the end of the lesson the learner should be able to describe the features of cash receipt journal record information in the cash receipts journal from source documentsDiscussion Preparing cash receipts and posting entries to the ledgers-Text books -Sample cash receipts Business studies form 3 pg 159 Inventor B/studies F4 pg193Source document and books of original entryBy the end of the lesson the learner should be able to describe the features of a cash payment journal record information in the cash payments journal from the source documentsDiscussion Preparing cash payments journal and posting entries to the ledgers Business studies form 3 pg 160 Inventor B/studies F4 pg224Source document and books of original entry-The cash book -the general journalBy the end of the lesson the learner should be able to describe the features of cash book journal record information in the cash book journal from source documentDiscussion-Text books - Sample cash book journals Business studies form 3 pg 161 Inventor B/studies F4 pg34     PAGE  PAGE 23 2DQcD F W Y a g u ~   - Y s t w   * =vw$*,B{|:>DF̧̽ hh!"h!" hh@Fh:sVhad hhIh4 hhadhzPhxAFh=5hxAFhad5hadh+5CJ"aJ"hadhad5CJ"aJ"B 2Qnx D W t  $Ifgd+ 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