SS1 Economics Scheme of Work [Free]

SS1 Economics Scheme of Work

In Senior Secondary School 1 Economics, students will study fundamental topics like the definition and scope of economics, distinctions between microeconomics and macroeconomics, and the basic economic issue of scarcity and choice. They will explore factors of production, different economic systems, demand and supply dynamics, and the significance of money. The SS1 unified scheme of work in Economics aims to help students grasp how economic actions impact them as individuals, businesses, and governments.

Studying Economics in senior secondary school helps students grasp how economies work and the factors influencing economic activities. The Lagos state unified scheme of work for Economics covers both theoretical and practical knowledge, emphasizing the significance of economic literacy in comprehending global issues and supporting national development.

SS1 Economics Scheme of Work for First Term

	LAGOS STATE MINISTRY OF EDUCATION: UNIFIED SCHEMES OF WORK FOR SENIOR SECONDARY SCHOOLS
	Economics Scheme of Work for Senior Secondary Schools 1(SSS1)
	Class	S.S.S 1
	Subject	Economics
	Term	First Term
Week	Topic	Breakdown
SUB THEME: PRINCIPLES OF ECONOMICS
1	Meaning of Economics and related concept	1. Definition and scope 2. Importance and Methodology 3. Economics as a science
2	Meaning of Economics and related concepts.	1. Concept of want and scarcity 2. Scale of preference, choice 3. Opportunity cost.
3	Basic Tools of Economics Analysis	1. Definition and meaning 2. Tables, characteristics and importance 3. Graphs, features and importance 4. Chart; (pie chart), Bar chart, Pictogram, histograms.
4	Basic Tools for Economics Analysis (cont)	1. Arithmetic means; Definition, advantages, and disadvantages 2, Median; Meaning, advantage, and disadvantage. 3. Mode; Meaning, advantage, and disadvantage
5	Concept of Demand and Supply.	1. Price system; Definition, Type, Objective: 2. Definition of Demand; law of Demand 3.Demand schedule and curve
6	Concept of Demand and Supply.	1. Definition of Supply, law of Supply. 2.Supply schedules and curves. 3. Determinants of equilibrium price.
7	Theory of Production.	Meaning of production (direct and indirect, primary, secondary and tertiary).
8	Theory of Production.	1. Factor of production: Definition and meaning (Land, Labor, capital, Entrepreneur ). 2. Reward for factors of production.
9	Division of labour and specialization.	1. Definition and meaning. 2. advantages and disadvantages. 3. Limitation to division of labour and specialization.
10	Scale of production	1. Definition and meaning 2. Types (internal economics and sinter diseconomies, external economies and diseconomies of scale). 3. Classification of internal economies of large-scale production. Limitation to the scale of production.
11	Revision
12	Examination

SS1 Economics Scheme of Work for Second Term

	Term	Second Term
Week	Topic	Breakdown
THEME 2: ECONOMICS SYSTEMS
1	Basic economic problems of Every Society	1.definition and meaning 2.types of economic system,(Capitalism, socialism, mix economy) 3.Advantages and disadvantages
2	Basic economic problems of every society (cont)	1. What to produce? 2. How to produce? 3. for whom to produce? 4. Efficiency of resource use.
THEME 3: BUSINESS ORGANIZATION
3	Firms and industry	1. definition and meaning 2. types and basic features of business enterprises 3. general and specific problems of business enterprises
4	Firms and industry	1.Private and public companies; definition 2.Characteristics of private and public companies 3.Distintion between private and public companies
5	Firms and industry	Definition and meaning 1. quoted and unquoted 2. definition and distinction 3. share, debentures and bonds
THEME 4: POPULATION,LABOR MARKET AND HOUSE CAPITAL DEVELOPMENT
6	Population	1. Definition and meaning. 2. Important o f population census. 3. Problems of population census.
7	Population	1.Determination of population (birth rate, death rate, and migration). 2.Implication of population size and growth. 3.Cover, under and optimum population growth and declining population.
8	Theory of population	1. Malthusian’s theory of population. 2. Demographic transitional theory.
9	Population distribution	1.Geographical, age distribution. 2.Occupational, sex distribution. 3.Rural-Urban Migration
10	Labour market	1. Concept of labour force. 2. Efficiency and mobility of labour 3. Factor affecting the size of p.T.O. Labour force (age, sex, occupation, education).
11	Revision
12	Examination

SS1 Third Term Scheme of Work for Economics

	Term	Third Term
Week	Topic	Breakdown
SUB THEME 5: STRUCTURE OF THE NIGERIAN ECONOMY
1	The nature of Nigerian economy	1. General overview of the Nigerian economy and its economic potential. 2. Nature and Structure of Industries in Nigeria. 3. Contribution of the primary, secondary, and tertiary sectors.
2	Agriculture	1.Definition and mining 2. Components of Agriculture:crop production, live stock, forestry, fishing. 3.systems of Agriculture (Cultivation method) peasant farming, plantation farming, mechanized farming, co-operative farming
3	Agriculture	1.Importance of Agriculture to the Nigeria Economy 2.Activities of the marketing boards in Nigeria.
4	Mining	1.Definition and Mining. 2.Componentsof the Nigerian Mining industry. 3. Minerals, types, uses and location.
5	Financial Institutions	1. Meaning and segment of the financial system. 2. Money and capital market. 3. Benefits of capital market.
6	Money	1.Definition and meaning. 2.Historical development of Money. 3. Functions and types of Money (credit card, value card, e.t.c.)
7	Money	1. Characteristics of Money. 2. Qualities of good Money.
SUB THEME 6: DISTRIBUTIVE TRADE
8	Channels of distribution	1.Definition and meaning. 2.Channels and process of distribution. 3.Rolesof the wholesalers, retailers and co-operatives in product distribution. 4.Role of government agencies in product distribution. 5.Problems of distribution.
SUB THEME 7:BUSINESS FINANCE
9	Instrument of business finance	1.Sources of fund for business. 2.Basic instruments for business financing (Shares, debentures and bonds). 3.Meaning and types of share, debentures and other securities
10	Instrument of business finance	Problems of business in Nigeria.
11	Revision
12	Examination

Recommended Economics Textbooks for Senior Secondary School 1

• Fundamentals of Economics for SSCE, NBCE, UTME, and similar Examinations by R. A. I. Anyawuocha 

        Africana First Publishers Plc.

• New System Economics by Ewa Udu, G.A Agu 

       Africana First Publisher Plc SS 1-3 

• New Economics K. Nnadi, A. Falodun, et al 

        Learn Africa SS 1-3 

• Model Economics by Amafor C.C, Anidike S.U 

        Mid-Field Publishers SS 1-3 

• Comprehensive Cert. Economics by A. Aderinto, S.H Abdullahi 

        University Press SS 1-3   

• Senior School Certificate Examinations (SSCE) Economics Past questions and answers

	Term	Third Term
Week	Topic	Breakdown
THEME: GEOMETRY
1	Mensuration I	Length of arcs of circles.
2	Mensuration II	Sectors and segments.
3	Area of a Sector and Segment	(1) Area of sectors of a circle (2) Area of segment of a circle (3) Relationship between the sector of a circle and a surface area of a cone.
4	Surface area of solids	Surface area of solids: (a) cube, cuboids (b) cylinder, cone (c) prism, pyramids using the standard formula.
5	Volume of solids	Volume of solid: (a) cube, cuboids (b) cylinder, cone (c) prism, pyramids using the formula appropriately.
6	Area and Volume of Frustum	(1) Surface are and volume of frustum of a cone and pyramid. (2) Surface area and volume of compound shapes.
7	Statistics: Data presentation	(1) Collection of meaningful data, tabulation and presentation
8	Frequency Distribution	(1) Frequency distribution. (2) Linear graph, bar grapes and histograms
9	Pie Chart	Pie Chart
10	Frequency polygon	Frequency polygon
11	REVISION
12	EXAMINATION