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SCHEME OF WORK
Business Studies
Form 4 2024
TERM III
School




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WK LSN TOPIC SUB-TOPIC OBJECTIVES T/L ACTIVITIES T/L AIDS REFERENCE REMARKS
1

SCHOOL OPENING
2 1
INFLATION
Introduction Consumer Price index
By the end of the lesson, the learner should be able to:


Define the terms inflation and deflation.
Define the term CPI.
Compute CPI.


Guided discussion and computations.

Newspaper cuttings & relevant magazines.


145-6
2 2
INFLATION
Simple and weighted price relatives.
Types of inflation. Causes of demand- pull inflation.
By the end of the lesson, the learner should be able to:
Compute the price index using simple average of price relatives.
Compute the price index using the weighted average method.
outline types of inflation.
Explain the term demand-pull inflation.
Explain causes of demand ?pull inflation.
Guided computations.
Supervised practice.
Teacher exposes new concepts related to inflation types.
Expository and descriptive approaches.
Price relative tables.
Newspaper cuttings & relevant magazines.
Pg. 147
2 3
INFLATION
Causes of cost- pull inflation.
By the end of the lesson, the learner should be able to:
Explain the concept of cost-pull inflation.
Explain the causes of cost-pull inflation.
Expository and descriptive approaches with probing questions.
Pg. 152
2 4
INFLATION
Levels of inflation & Effects of inflation on the economy of a country.
By the end of the lesson, the learner should be able to:
Highlight various levels of inflation.
Outline positive and negative effects of inflation.
Probing questions;
Discussion..
Newspaper cuttings & relevant magazines.
Pg. 152-3,

154-6
3 1
INFLATION
INTERNATIONAL TRADE
Controlling inflation.
Types of International Trade. Advantages and disadvantages of International Trade.
By the end of the lesson, the learner should be able to:
Identify some policies adopted by the govt to reduce or control inflation.
Distinguish bilateral trade from multilateral trade.
State advantages and disadvantages of International Trade.
Discussion on: control of money supply, control of demand, cost control.
Brainstorming and guided discussion.
Q/A & guided discussion
Newspaper cuttings & relevant magazines.
Pg. 156-8
3 2
INTERNATIONAL TRADE
Terms of International Trade.
By the end of the lesson, the learner should be able to:
Explain the concept terms of International Trade.
Distinguish favourable trade from unfavourable terms of trade.
Probing questions, brief discussion.
text book
Pg. 164-6
3 3
INTERNATIONAL TRADE
Terms of trade among different countries.
By the end of the lesson, the learner should be able to:
Account for differences in terms of terms of trade among nations.
Probing questions and guided discussion.
newspaper
Pg. 167-8
3 4
INTERNATIONAL TRADE
Balance of Payments. (Current A/C)
By the end of the lesson, the learner should be able to:
Define the term balance of payments.
Analyse components of balance of payments.
(Current A/C).
Exposition of new concepts and detailed discussion.
text book
Pg. Pg. 168-9
4 1
INTERNATIONAL TRADE
Balance of Payments. (Capital A/C)
By the end of the lesson, the learner should be able to:
Cite examples of transactions that affect the Capital A/C.
Q/A: review types of capital.
Exposition of new concepts and detailed discussion.
newspaper
Pg. 169-170
4 2
INTERNATIONAL TRADE
Overall Balance of Payments.
By the end of the lesson, the learner should be able to:
Determine the overall balance of payments.
Q/A: review current A/C and capital A/C.
Illustrative examples.
Assignment.
newspaper
Pg. 170
4 3
INTERNATIONAL TRADE
The Official Settlement A/C.
Disequilibrium of Balance of payments. Correction of balance of payment disequilibrium.
By the end of the lesson, the learner should be able to:
Define the Official Settlement A/C.
Identify causes of Disequilibrium of Balance of payments.
Outline methods of correcting of balance of payment disequilibrium.
Guided brief discussion.
Exposition of new concepts & explanations;
Discussion.
text book
Pg. 171
4 4
INTERNATIONAL TRADE
Terms of sale in international trade.
By the end of the lesson, the learner should be able to:
Identify common terms of sale in international trade.
Exposition & explanations;
Probing questions;
Discussion.
text book
Pg. 175
5 1
INTERNATIONAL TRADE
Documents used in international trade.
By the end of the lesson, the learner should be able to:
Identify major documents used in international trade.
Give examples of relevant documents.
Give examples of relevant documents.
text book
Pg. 176-7
5 2
INTERNATIONAL TRADE
Documents used in international trade.
By the end of the lesson, the learner should be able to:
Identify major documents used in international trade.
Give examples of relevant documents.
Give examples of relevant documents.
text book
Pg. 176-7
5 3
INTERNATIONAL TRADE
IMF, ADF and World bank.
By the end of the lesson, the learner should be able to:
State objectives of IMF, ADF and World bank..
Trace a background to the growth of specific
development funds.
Brain storming;
Discussion.
Newspaper cuttings & relevant magazines.
Pg. 179-180
5 4
ECONOMIC INTEGRATION
Forms & importance of economic integration.
By the end of the lesson, the learner should be able to:
Define economic integration.
Identify forms of economic integration.
Outline forms of economic integration.
Analyze importance of economic integration.
Enumerate advantages and disadvantages of free trade.
Q/A review relevant terms.
Probing questions
& guided discussion.
newspaper
Pg. 182-5
6 1
ECONOMIC INTEGRATION
Trade restrictions.
By the end of the lesson, the learner should be able to:
Cite reasons for trade restrictions.
Outline methods of trade restriction.
Q/A & guided discovery.
newspaper
Pg. 185-7
6 2
ECONOMIC INTEGRATION
Methods of trade restrictions.
By the end of the lesson, the learner should be able to:
Highlight some methods used to control trade restrictions.
Q/A & exposition.
text book
Pg 186-7
6 3
ECONOMIC INTEGRATION
Advantages and disadvantages of trade restrictions.
By the end of the lesson, the learner should be able to:
State advantages and disadvantages of trade restrictions.
Exposition of new concepts.
text book
Pg 187-8
6 4
ECONOMIC INTEGRATION
Trends in international trade.
By the end of the lesson, the learner should be able to:
Analyse some current trends in international trade.
Probing questions and brief discussion on EPZ, liberalization e-trade &website.
text book
Pg 188-9
7 1
ECONOMIC DEVP AND PLANNING
Growth and development.
By the end of the lesson, the learner should be able to:
Define economic growth of a country.
Identify structural changes that may accompany economic development.
Guided discussion & oral questions.
newspaper
Pg 195-6
7 2
ECONOMIC DEVP AND PLANNING
Underdevelopment.
By the end of the lesson, the learner should be able to:
Identify characteristics of under - development
Brainstorming, questioning & discussion.
text book
Pg 197-199
7 3
ECONOMIC DEVP AND PLANNING
Factors for underdevelopment.
Development planning.
By the end of the lesson, the learner should be able to:
Highlight some factors that impede development.
Site some objectives of planning.
Give reasons why development planning is necessary.
Q/A guided discussion.
Probing questions /guided discussion.
text book
Pg. 200-2
7 4
ECONOMIC DEVP AND PLANNING
Problems encountered in development planning.
By the end of the lesson, the learner should be able to:
State problems encountered in development planning.
Probing questions /guided discussion.
Quiz.
text book
Pg. 204-6
8-9

END TERM EXAMINATION AND SCHOOL CLOSURE

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