MONEY & BANKING

Functions of the Central bank.

By the end of the lesson, the learner should be able to:
Identify objectives and functions of the Central Bank.

Exposition of new ideas;
Guided discussion.

text book

New Inventor K.L.B. BK IV. Pg 113-8

MONEY & BANKING
PUBLIC FINANCE

Trends in banking.
Purpose of public finance. Sources of public finance.

By the end of the lesson, the learner should be able to:
Describe banking policies on types of account, use of computers, ,ATMs, m-banking, Mpesa,
e-banking.
Differentiate between internal and external borrowing.

Brain storming;
Discussion.
Brainstorming.
Brief discussion.

chart,text book
Business Magazines.

New Inventor K.L.B. BK IV. Pg. 118-121

PUBLIC FINANCE

External borrowing.
Government expenditure. Principles of public expenditure.
Taxation.

By the end of the lesson, the learner should be able to:
Differentiate between reproductive debt and dead weight debt.
Identify types of govt?s expenditure.
Differentiate between recurrent and development expenditure.
Outline principles of public expenditure.
Define the term taxation.
Identify methods that the give reasons for taxation.

Exposition;
Discussion.
Exposition & discussion.
Explanations.

text book
Newspaper cuttings & relevant magazines.

New Inventor K.L.B. BK IV. Pg. 127-8

PUBLIC FINANCE

Principles of taxation.
Impact and incidence of tax. Classification of taxes on basis of structure.

By the end of the lesson, the learner should be able to:
Explain basic principles of taxation.
Differentiate between impact and incidence of tax.
Classify taxes according to structure.
State merits and demerits of taxing people according to structure.

Exposition of new ideas;
Give examples and explanations.

text book

New Inventor K.L.B. BK IV. pg 132-3

PUBLIC FINANCE

Classification of taxes on basis of impact on the tax payer. - Direct tax.
Classification of taxes on basis of impact on the tax payer. - Indirect tax.
Topic summary / review

By the end of the lesson, the learner should be able to:
Classify taxes according to impact on the taxpayer.
State and explain merits and demerits of direct tax.
State merits and demerits of Indirect tax.
Tackle review question,

Guided discussion on direct taxes.
Q/A and guided discussion.
Problem solving.Revision;

text book

Pg. 135-6

INFLATION

Introduction Consumer Price index
Simple and weighted price relatives.

By the end of the lesson, the learner should be able to:
Define the terms inflation and deflation.
Define the term CPI.
Compute CPI.
Compute the price index using simple average of price relatives.
Compute the price index using the weighted average method.

Guided discussion and computations.
Guided computations.
Supervised practice.

Newspaper cuttings & relevant magazines.
Price relative tables.

145-6

INFLATION

Types of inflation. Causes of demand- pull inflation.
Causes of cost- pull 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:
outline types of inflation.
Explain the term demand-pull inflation.
Explain causes of demand ?pull inflation.
Explain the concept of cost-pull inflation.
Explain the causes of cost-pull inflation.
Highlight various levels of inflation.
Outline positive and negative effects of inflation.

Teacher exposes new concepts related to inflation types.
Expository and descriptive approaches.
Expository and descriptive approaches with probing questions.
Probing questions;
Discussion..

Newspaper cuttings & relevant magazines.

Pg. 147-8


Pg. 149-150

INFLATION
INTERNATIONAL TRADE

Controlling inflation.
Balance of Payments. (Current A/C)

By the end of the lesson, the learner should be able to:
Identify some policies adopted by the govt to reduce or control inflation.
Define the term balance of payments.
Analyse components of balance of payments.
(Current A/C).

Discussion on: control of money supply, control of demand, cost control.
Exposition of new concepts and detailed discussion.

text book

Pg. 156-8

INTERNATIONAL TRADE

Balance of Payments. (Capital A/C)
Overall Balance of Payments.

By the end of the lesson, the learner should be able to:
Cite examples of transactions that affect the Capital A/C.
Determine the overall balance of payments.

Q/A: review types of capital.
Exposition of new concepts and detailed discussion.
Q/A: review current A/C and capital A/C.
Illustrative examples.
Assignment.

newspaper

Pg. 169-170

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

INTERNATIONAL TRADE

Terms of sale in international trade.
Documents used in international trade.

By the end of the lesson, the learner should be able to:
Identify common terms of sale in international trade.
Identify major documents used in international trade.

Exposition & explanations;
Probing questions;
Discussion.
Give examples of relevant documents.
Give examples of relevant documents.

text book

Pg. 175

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

ECONOMIC INTEGRATION

Forms & importance of economic integration.
Trade restrictions.

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.
Cite reasons for trade restrictions.
Outline methods of trade restriction.

Q/A review relevant terms.
Probing questions
& guided discussion.
Q/A & guided discovery.

newspaper

Pg. 182-5

ECONOMIC INTEGRATION

Methods of trade restrictions.
Advantages and disadvantages of trade restrictions.

By the end of the lesson, the learner should be able to:
Highlight some methods used to control trade restrictions.
State advantages and disadvantages of trade restrictions.

Q/A & exposition.
Exposition of new concepts.

text book

Pg 186-7

ECONOMIC INTEGRATION
ECONOMIC DEVP AND PLANNING

Trends in international trade.
Growth and development.

By the end of the lesson, the learner should be able to:
Analyse some current trends in international trade.
Define economic growth of a country.
Identify structural changes that may accompany economic development.

Probing questions and brief discussion on EPZ, liberalization e-trade &website.
Guided discussion & oral questions.

text book
newspaper

Pg 188-9

ECONOMIC DEVP AND PLANNING

Underdevelopment.
Factors for underdevelopment.
Development planning.
Problems encountered in development planning.

By the end of the lesson, the learner should be able to:
Identify characteristics of under - development
Highlight some factors that impede development.
Site some objectives of planning.
Give reasons why development planning is necessary.
State problems encountered in development planning.

Brainstorming, questioning & discussion.
Q/A guided discussion.
Probing questions /guided discussion.
Quiz.

text book

Pg 197-199