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Business Studies
Form 3 2025
TERM II
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WK LSN TOPIC SUB-TOPIC OBJECTIVES T/L ACTIVITIES T/L AIDS REFERENCE REMARKS
2 1
DEMAND.
Definition of demand. Factors influencing demand.
By the end of the lesson, the learner should be able to:


Define demand and effective demand.

State factors that influence demand of a commodity.



Brain storming;
Exposition;
Discussion.
text book
New Inventor
KLB BOOK III
Pg 1
2
DEMAND.
Factors influencing demand.
Demand schedule for an individual or entire market.
By the end of the lesson, the learner should be able to:
Explain factors that influence demand of a commodity.
Explanations;
Discussion.
text book
New Inventor KLB BOOK IIIPg 2-5
3
DEMAND.
Demand curves.
Movement along, and shift in demand curves.
By the end of the lesson, the learner should be able to:
Illustrate law of demand graphically.
Guided plotting of demand curves.
Discussion.
Graph papers.
Chart- increasing and decreasing -supply.
New Inventor KLB BOOK III  Pg 7-8
4
SUPPLY.
Factors influencing supply of a product.
Supply schedule and supply curve.
By the end of the lesson, the learner should be able to:
Explain factors that influence demand of a commodity.
Explanations;
Discussion.
chart
New Inventor KLB BOOK III Pg 9-13
3 1
SUPPLY.
Movement along the curve.supply curve.
Shift in supply curve.
By the end of the lesson, the learner should be able to:
Explain changes in supply with changes in prices of the commodity.
Identify incidents where a supply curve expands to the right or left.
Probing questions,
Graphical illustrations.
text book
New Inventor KLB BOOK III Pg 15-
2
SUPPLY.
Equilibrium price and equilibrium quantity.
Equilibrium price and quantity. (graphical method)
Effects of change in demand on the equilibrium.
By the end of the lesson, the learner should be able to:
Define the terms equilibrium price and equilibrium quantity.
Use demand and supply schedule to determine equilibrium price.
Examine schedules;
Make deductions;
Discussion.
Demand and supply schedule.
Graph papers.
chart
New Inventor KLB BOOK III Pg 16-17
3
SUPPLY.
Effects of change in supply on the equilibrium.
Excess demand and excess supply.
By the end of the lesson, the learner should be able to:
Explain the effects of change in supply on the equilibrium.
Brain storming;
Discussion.
chart
text book
New Inventor KLB BOOK III Pg 21
4
SUPPLY.
SIZE AND LOCATION OF A FIRM
SIZE AND LOCATION OF A FIRM
Other methods of determining the price of a product.
Concept of firm and industry.
Size of a firm.
By the end of the lesson, the learner should be able to:
Outline other methods of determining the price o a product.
Exposition;
Probing questions;
Discussion.
text book
New Inventor KLB BOOK III Pg 20-21
4 1
SIZE AND LOCATION OF A FIRM
Location of a firm.
Localization of a firm.
Delocalization of a firm.
By the end of the lesson, the learner should be able to:
Identify factors influencing location of a firm.
Exposition of new concepts;
Detailed discussion.
chart
text book
New Inventor KLB BOOK III Pg 25-27
2
SIZE AND LOCATION OF A FIRM
Internal economies of scale. External economies of scale.
Internal and external diseconomies of scale.
By the end of the lesson, the learner should be able to:
Define the term economy of scale.
Outline various economies of scale associated with a firm.
Outline benefits accruing to a firm as a result of growth of the whole industry.
Exposition of new concepts.
Discussion.
text book
New Inventor KLB BOOK III Pg 29-30
3
SIZE AND LOCATION OF A FIRM
Existence of small firms.
Negative impact of production activities on the environment.
By the end of the lesson, the learner should be able to:
Give reasons that contribute to existence of small firms.
Brain storming;
Oral questions;
Discussion.
text book
New Inventor KLB BOOK III Pg 32-33
4
SIZE AND LOCATION OF A FIRM
PRODUCT MARKETS
Maintaining a healthy environment.
Introduction.
By the end of the lesson, the learner should be able to:
Outline factors that contribute to a healthy business environment.
Brain storming;
Discussion.
chart
New Inventor KLB BOOK III Pg 36-38
5 1
PRODUCT MARKETS
Perfect competition market.
Monopoly.
By the end of the lesson, the learner should be able to:
Outline features of a perfect market.
text book
New Inventor KLB BOOK III Pg 41-42
2
PRODUCT MARKETS
Monopoly power.
By the end of the lesson, the learner should be able to:
Outline ways of acquiring a monopoly power.
Exposition of new ideas; Detailed discussion.
text book
New Inventor KLB BOOK III Pg 43-45
3
PRODUCT MARKETS
Monopolistic competition.
Oligopoly.
By the end of the lesson, the learner should be able to:
Outline features of a monopolistic competition.
Describe price & output determination under monopolistic competition.
Exposition, discussion and sketching illustrative graphs.
chat,text book
text book
New Inventor KLB BOOK III Pg 45-46
4
PRODUCT MARKETS
CHAIN OF DISTRIBUTION
The kinked demand curve.
Channels of distribution.
By the end of the lesson, the learner should be able to:
Interpret the kinked demand curve.
Curve sketching;
Discussion.
text book
New Inventor KLB BOOK III Pg 47-48
6 1
CHAIN OF DISTRIBUTION
Distribution of local agricultural produce.
Distribution of locally manufactured goods.
Distribution of imported goods.
By the end of the lesson, the learner should be able to:
Describe distribution of local agricultural produce.
Draw a flow chart;
Brief discussion.
Chart ?channels of distribution of local agricultural produce
Flow chart.
New Inventor KLB BOOK III Pg 50-51
2
CHAIN OF DISTRIBUTION
Roles played by intermediaries in the distribution chain.
Choice of distribution channel.
By the end of the lesson, the learner should be able to:
Outline roles played by intermediaries in the distribution chain.
Brain storming;
Oral questions;
Discussion.
Illustrative flow charts.
text book
New Inventor KLB BOOK III Pg 54-57
3
NATIONAL INCOME.
Meaning of national income, GDP, NDP, GNP & NNP. Per capita income.
Circular flow of income.
By the end of the lesson, the learner should be able to:



Define terms related to national income.



Exposition of new concepts, explanations & discussion.
text book
Chart: circular flow of income.
New Inventor KLB BOOK III Pg 59-60
4
NATIONAL INCOME.
Factors affecting circular flow of income.
Expenditure approach of determining national income.
By the end of the lesson, the learner should be able to:
Outline factors that affect circular flow of income.
Oral questions;
Exposition of concepts.
text book
Calculators,text book
New Inventor KLB BOOK III Pg 61-62
7 1
NATIONAL INCOME.
Income approach of determining national income.
By the end of the lesson, the learner should be able to:
Determine national income using income approach.
List down problems associated with income approach.
Exposition of new concepts, explanations & discussion;
Calculations.
Calculators.
New Inventor KLB BOOK III Pg 64-65
2
NATIONAL INCOME.
Output approach of determining national income.
Uses of national income statistics.
Levels of national income.
By the end of the lesson, the learner should be able to:
Determine national income using output approach.
List down problems associated with output approach.
Exposition of new concepts;
Probing questions;
Guided discussion;
Calculations.
Calculators.
text book
New Inventor KLB BOOK III Pg 65-66
3
POPULATION & EMPLOYMENT.
Population growth.
Optimum population.
Under-population.
By the end of the lesson, the learner should be able to:




Outline factors associated with population growth.
List factors that are likely to lead to either high or low birthrates.
Calculate population growth rate.




Brain storming;
Exposition of new concepts;
Probing questions;
Guided discussion;
Calculations.
text book
Chart- optimum population.
Chart- under population.
New Inventor KLB BOOK III Pg 71-72
4
POPULATION & EMPLOYMENT.
Over-population.
Young population.
Ageing population.
By the end of the lesson, the learner should be able to:
Cite factors that lead to over population.
State advantages and disadvantages of over-population.
Brain storming;
Oral questions;
Guided discussion.
Chart- over population.
text book
New Inventor KLB BOOK III Pg 75-77
8 1
POPULATION & EMPLOYMENT.
Declining population.
Population structure.
By the end of the lesson, the learner should be able to:
State factors that may lead to a declining population.
Outline effects of a declining population.
Q/A to review young population;
Discussion on ageing and declining populations.
Chart- population structure pyramid.,
Diagram of vicious cycle of rapid population growth.
New Inventor KLB BOOK III Pg 78-79
8-9

MID TERM EXAMS

9-10

MID TERM BREAK

10 2
POPULATION & EMPLOYMENT.
Employment and unemployment.
By the end of the lesson, the learner should be able to:
Define the term employment.
Identify types of unemployment.
Exposition and discussion on new concepts associated with unemployment.
text book
New Inventor KLB BOOK III Pg 83-86
3
POPULATION & EMPLOYMENT.
Causes of unemployment.
Solving unemployment problems.
By the end of the lesson, the learner should be able to:
Outline the main causes of unemployment.
Q/A and brief discussion
text book
New Inventor KLB BOOK III Pg 87-88
4
NET WORTH OF A BUSINESS.
Basic terms used in business.
By the end of the lesson, the learner should be able to:



Define basic terms used in business.
State characteristics of assets / liabilities.



Brief discussion on the terms debtor, creditor, asset, liability and capital.
New Inventor KLB BOOK III Pg 92-95
11 1
NET WORTH OF A BUSINESS.
Book-keeping Equation.
Balance sheet.
By the end of the lesson, the learner should be able to:
Identify sources of assets.
Derive and explain the bookkeeping equation.
Use a concrete example to arrive at the book-keeping equation.
Apply the book-keeping equation.
Supervised practice.
text book
New Inventor KLB BOOK III Pg 95-97
2
NET WORTH OF A BUSINESS.
Importance of a balance sheet.
Book-keeping equation and balance sheet.
By the end of the lesson, the learner should be able to:
Explain importance of a balance sheet.
Probing questions;
Discussion.
New Inventor KLB BOOK III Pg 99
3
NET WORTH OF A BUSINESS.
Net worth of a business.
Topic review.
By the end of the lesson, the learner should be able to:
Determine a business net worth using book-keeping equation and a balance sheet.
Discussion.
chart
New Inventor KLB BOOK III Pg 99-100
4
BUSINESS TRANSACTIONS
Types of business transactions.
Effects of transactions on the balance sheet.
By the end of the lesson, the learner should be able to:


Give examples of business transactions.
Define the term deferred payment.
Give examples of credit transactions.



Probing questions;
Oral questions;
Brief guided discussion.
chart
New Inventor KLB BOOK III Pg 103
12 1
BUSINESS TRANSACTIONS
Changes in capital: Drawing.
Additional investments.
By the end of the lesson, the learner should be able to:



Explain how drawings affect capital.


Worked examples
Supervised practice.
Exercise.
New Inventor KLB BOOK III Pg 108-9
2
BUSINESS TRANSACTIONS
Profit & losses.
Initial and final capital of a business.
By the end of the lesson, the learner should be able to:
Determine the solvency of a business.
Q/A : review meaning of terms profit and loss.
Work through examples.
text book
New Inventor KLB BOOK III Pg 109-110
3
THE LEDGER.
Meaning and purpose of a ledger.
Rules of recording transactions in ledger accounts.
By the end of the lesson, the learner should be able to:


Identify features of a ledger.
Explain the purpose of a ledger.


Exposition of new concepts and detailed discussion.
A ledger book.
A ledger.
New Inventor KLB BOOK III Pg 117
4
THE CASH BOOK
Types of cash books. Single- column cash book.
The two- column cash book.
Ledger accounts from three-column cash book.
The three-column cash book.
By the end of the lesson, the learner should be able to:


List types of cashbooks.
Identify features of a single-column cash book.
Post entries in a single-column cash book.



Worked examples.
Written assignment.
Single-column cash book.
Two-column cash book.
3-column cash book, the ledger.
3-column cash book.
New Inventor KLB BOOK III Pg 151-2

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