SS1 Commerce Scheme of Work [Free]

SS1 Commerce Scheme of Work

Commerce focuses on studying trade, business operations, and economic mechanisms facilitating the trading of goods and services. The curriculum by the Lagos State Government aims to equip students with essential knowledge and skills for comprehension and involvement in commercial activities.

SS1 Commerce familiarizes students with the basic principles and practices of commerce. It includes topics like trade, business structure, financial institutions, and economic systems. Students study how goods and services are made, distributed, and used in an economy through these discussions. Commerce plays a vital role for SS1 students in Nigeria by providing them with foundation knowledge of business and trade. It also gives a thorough understanding of the commercial activities that fuel economic progress in Nigeria and other places.

SS1 First Term Scheme of Work for Commerce

	LAGOS STATE MINISTRY OF EDUCATION: UNIFIED SCHEMES OF WORK FOR SENIOR SECONDARY SCHOOLS
	Commerce Scheme of Work for Senior Secondary Schools 1(SSS1)
	Class	S.S.S 1
	Subject	Commerce
	Term	First Term
Week	Topic	Breakdown
SUB THEME: BASIC INFORMATION
1	Introduction to commerce	1. Meaning 2. Scope 3. Functions
2	Introduction to commerce	1. Characteristics 2. E-commerce. -Measuring -Functions
3	History of Commerce	1. Historical background 2. Factors affecting the growth of commerce
4	History of Commerce	1. The barter system 2. Problems of barter 3. Advantages and disadvantages
5	Occupation	1. Meaning 2. Classification -Industrial occupation -Commercial occupation -Services occupation
6	Occupation	Factors that determine types of occupation and employment.
7	Production	1. Meaning of production. 2. Factors of production 3. Division of labour 4.Specialization 5. Exchange.
8	Production	1. classification of production primary industry extractive manufacturing construction secondary -Trade -Aide to Trade Tertiary -Direct and -Indirect
9	Trade	1. Types of trade -Home trade -foreign trade -entreport trade 2. Relationship between/among the different types of trade
10	Home Trade	1. Meaning of Home traded 2. Characteristics and functions of retail trade. 3. Factors to be considered in settingup a retail trade.
11	Revision
12	Examination

SS1 Commerce Scheme of Work for Second Term

	Term	Second Term
Week	Topic	Breakdown
SUB THEME: TRADE AND BUSINESS ORGANIZATION
1	Home trade continues	1. Discuss small scale retailer e.g. hawkers, mobile shops etc. 2. Large scale retailer e.g. super market, mail order etc.
2	Home trade continues	1. Modern trends in retailing -Branding -Self service -After sales service -Vending machine -Pre-packing -credit card
3	Home trade continues	1. main characteristicof large scale and small scale retailers. 2. Advantages of large scale and small scale retails.
4	Home trade continues	Reason why retail business may fail
5	Home trade continues	Wholesale trade -Channel of distribution -Survival process -Functions of agent -Types ofware houses -Necessary document used in home trade -Function of the wholesaler to the producer and retailers
6	Foreign trade International	1. Meaning of foreign trade. 2.Types of foreign trade -Bi-lateral foreign trade. -Multi-lateral trade 3. Advantages and disadvantages of foreign trade 4. Barriers to foreign trade
SUB THEME: TRADE AND ASSOCIATION
7	Foreign trade	1. Division of foreign trade. 2. Procedures for foreign trade. 3. Balance of trade and balance of payment.
8	Foreign trade	1.Tariffs and reasons for the imposition of tariff. 2. Tools for trade restriction and expert promotion. 3. Necessary document used for foreign trade.
9	Foreign trade	1. Functions of customs and exercise. 2. Nigerian export promotion
10	Foreign trade	1. Nigerian airport authority. 2. Nigerian ports authority. 3. Functions of each port
11	Revision
12	Examination

SS1 Commerce Scheme of Work for Third Term

	Term	Third Term
Week	Topic	Breakdown
SUB THEME: TRADE AND BUSINESS ORGANIZATION
1	Commodity exchange	1. Meaning 2. Types -Agricultural produce -Solid minerals -Oil and Gas
2	Commodity exchange (cont’d)	Commodity exchange: 1. Meaning 2. Tradable 3. Requirement for trading -Grading system -Warehousing -Clearing system-Standardizing
3	Commodity exchange (cont’d)	1. Types -Spot-Forward futures 2. Method of trading: -Open outcry-Electronic
4	Commodity exchange (cont’d)	Benefits of commodity exchange: -increase in agricultural produce .-stabilization in produce -encourage exploration of solid minerals. -foreign exchange earning.
5	Commodity exchange (cont’d)	Constraints commodity trading. -In adequate supply -Poor storage -Bad weather -Middle men -Ethical issues -Inadequate knowledge
6	Commodity exchange (cont’d)	1. Differentiate between commodities and stocks. 2. Items traded: -Tangible-Intangible Methods of pricing 3. Similarities between commodity and stocks
7	Sole Proprietorship	Sole proprietorship: 1.meaning 2. sources of capital 3. advantages and disadvantages. 4. features of sole proprietorship
8	Partnership	Partnership 1. Meaning 2. Types -Normal -Dormant -Limited etc. 3. Sources of capital
9	Partnership	Partnership 1. Formation and agreement 2. Advantages and disadvantages. 3. Differences betweena partnership and a sole proprietorship
10	Money	Money: 1.meaning 2. evolution 3. functions 4. qualities / characteristics 5. form/types
11	Revision
12	Examination

Recommended Commerce Textbooks for Senior Secondary School 1

• Faman Commerce for Senior Secondary Schools Book 1 – 3 by Bayo Fijabi Faman
• Pub.  Series Past Questions on Commerce 
• Thercee Millennium Commerce by Rose Chinwe Okafor Onwubiko 

        Printing & Packing SS 1-3

• New Age Commerce by Olisa A.C, Ekong B.A et al 

        New Age Press SS 1-3 

• Comprehensive Cert. Commerce by Daniel C. Azuh, Adedoyin Soyibo 

        University Press SS 1-3 

• Current Commerce by Augustina Nzebunachi, Flourish Okereke 

        Mis-Fav Publisher Ltd SS 1-3 

• Senior Secondary Commerce by M.O Odedokun, P.C Udokogu et al Learn Africa SS 1-3

Download all SS 1 Scheme of Work