| ECONOMICS SCHEME OF WORK FOR SS2 SECOND TERM |
| WEEKS |
TOPICS |
| 1 |
REVISION OF LAST TERM WORK |
|
PRODUCTION POSSIBILITY CURVE (PPC) |
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MEANING AND GRAPHICAL ILLUSTRATION OF (PPC) |
|
LAW OF VARIABLE PROPORTION |
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CONCEPT OF TOTAL PRODUCTIVITY |
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CONCEPT OF AVERAGE PRODUCTIVITY |
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CONCEPT OF MARGINAL PRODUCTIVITY |
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| 2 |
COST CONCEPT |
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MEANING OF COST CONCEPT TO AN ACCOUNTANT AND TO AN ECONOMIST |
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MEANING OF COST OF PRODUCTION |
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TYPES OF COST (TC, FC, VC, AFC, MC etc) |
|
SHORT TERM AND LONG TERM COST |
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| 3 |
REVENUE CONCEPT |
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MEANING OF REVENUE TO AN ECONOMIST |
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TYPES OF REVENUE |
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GRAPHICAL ILLUSTRATION, SCHEDULE AND CURVE |
|
CALCULATION |
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| 4 |
ECONOMIC SYSTEM |
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MEANING OF ECONOMIC SYSTEM |
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TYPES OF ECONOMIC SYSTEM (CAPITALISM, SOCIALISM, MIXED ECONOMY AND WELFARISM) |
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FACTORS TO BE CONSIDERED WHEN ADOPTING AN ECONOMICS SYSTEM |
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ADVANTAGES AND DIS ADVANTAGES OF EACH OF THE SYSTEM |
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| 5 |
LABOR MARKET |
|
MEANING OF LABOR MARKET |
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CONCEPT OF WORK FORCE |
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FACTORS AFFECTING THE SIZE OF LABOR FORCE |
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EFFICIENCY OF LABOR (MEANING AND IMPORTANCE) |
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MOBILITY OF LABOR (MEANING AND IMPORTANCE) |
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| 6 |
SUPPLY AND DEMAND FOR LABOR |
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MEANING OF SUPPLY AND DEMAND FOR LABOR |
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WAGE DETERMINATION |
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UNEMPLOYMENT (MEANING AND TYPES) |
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TRADE UNION |
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| 7 |
OPEN DAY AND MID-TERM BREAK |
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| 8 |
MARKET STRUCTURE |
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MEANING AND TYPES OF MARKET (PERFECT AND IMPERFECT) |
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PERFECT MARKET (MEANING, FEATURES AND EQUILIBRUM) |
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| 9 |
IMPERFECT MARKET |
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MEANING AND TYPES WITH GRAPHICAL ILLUSTRATION |
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PRICE DETERMINATION : EQUILIBRUM POSITION (LONG TERM AND SHORT TERM) |
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| 10 |
INDUSTRIES IN NIGERIA |
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MEANING OF PLANTS, FIRMS,INDUSTRY, FACTORY AND INDUSTRIAL ESTATE |
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TYPES OF INDUSTRY (MINING, CONSTRUCTION etc) |
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INDUSTRIAL STRATEGIES |
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PROBLEM OF INDUSTRIALISATON |
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| 11 |
LOCATION OF INDUSTRY |
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MEANING OF LOCATION OF INDUSTRY |
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FACTORS AFFECTING LOCATION OF INDUSTRY |
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LOCALIZATION OF INDUSTRY (MEANING) |
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FACTORS AFFECTING LOCATION OF INDUSTRY |
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ADVANTAGES AND DIS ADVANTAGES OF LOCALIZATION OF INDUSTRY |
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| 12 |
REVISION OF LAST TERM WORK |
| 13 |
EXAMINATION |