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WK | LSN | TOPIC | SUB-TOPIC | OBJECTIVES | T/L ACTIVITIES | T/L AIDS | REFERENCE | REMARKS |
---|---|---|---|---|---|---|---|---|
2 | 1 |
MONEY & BANKING
|
Introduction, Barter Trade and its Limitations
|
By the end of the
lesson, the learner
should be able to:
Define money and banking. Explain barter trade concept. Outline merits and limitations of barter trade. Explain double coincidence of wants problem. |
Brainstorming on money concepts. Role-play of barter trade scenarios. Group discussions on barter trade problems. Case study analysis of failed exchanges. Problem-solving on exchange challenges.
|
Real exchange items, Problem scenario cards, Case study materials, Charts
|
KLB Secondary Business Form 4, Pages 91-93
|
|
2 | 2 |
MONEY & BANKING
|
Money System and Characteristics of Money
Functions of Money |
By the end of the
lesson, the learner
should be able to:
Define money as medium of exchange. Explain evolution from barter to money. Identify and explain all characteristics of money (acceptability, divisibility, portability, durability, stability, homogeneity, cognisability, scarcity, malleability). |
Exposition of money evolution. Hands-on examination of currency samples. Testing recognition of genuine vs fake money. Practical demonstration of money characteristics. Group analysis of characteristic importance.
|
Different currencies, Genuine and sample notes, Magnifying glass, Regional currency samples
Goods for trading, Price tags, Recording sheets, Savings scenarios, Property document samples |
KLB Secondary Business Form 4, Pages 93-95
|
|
2 | 3 |
MONEY & BANKING
|
Demand for Money and Supply of Money
Banking System and Development of Banking Commercial Banks and Their Services |
By the end of the
lesson, the learner
should be able to:
Define liquidity preference. Explain transaction, precautionary and speculative motives for holding money. Define supply of money and identify its components. Analyze factors affecting money demand and supply. |
Analysis of personal spending patterns. Case studies on emergency savings and speculation. Discussion on Central Bank role in money supply. Money circulation data analysis. Income and spending relationship exercises.
|
Budget sheets, Emergency scenarios, Investment charts, Money supply statistics, Central Bank reports
Banking system charts, Historical timeline materials, Bank category lists, Banking evolution charts Mock bank materials, Deposit slips, Transfer forms, Safety boxes, Play money, Standing order cards |
KLB Secondary Business Form 4, Pages 96-99
|
|
2 | 4 |
MONEY & BANKING
|
Commercial Bank Services and Foreign Exchange
Types of Bank Accounts - Current and Savings |
By the end of the
lesson, the learner
should be able to:
Explain foreign exchange services, advisory services, trustee services, and guarantor roles. Demonstrate how banks act as intermediaries between savers and borrowers. Calculate foreign exchange rates. |
Foreign exchange rate calculations. Advisory service role-plays. Trustee service case studies. Guarantor service demonstrations. Intermediary function illustrations.
|
Exchange rate charts, Advisory scenario cards, Trustee examples, Guarantor forms, Intermediary flow charts
Account opening forms, Cheque books, ATM cards, Interest calculation sheets, Comparison charts |
KLB Secondary Business Form 4, Pages 103-104
|
|
3 | 1 |
MONEY & BANKING
|
Fixed Deposit Accounts and Account Opening Requirements
|
By the end of the
lesson, the learner
should be able to:
Define fixed deposit accounts and their features. Calculate returns on fixed deposits. Identify requirements for opening all types of accounts. Practice account opening procedures. |
Fixed deposit investment scenarios. Return calculation exercises. Mock account opening procedures. Document verification exercises. Form filling practice. Certificate examination.
|
Investment scenarios, Calculation sheets, Account forms, ID documents, Photographs, Certificate samples
|
KLB Secondary Business Form 4, Pages 109-111
|
|
3 | 2 |
MONEY & BANKING
|
Non-Banking Financial Institutions (NBFIs)
Micro-Finance, Agricultural Finance and Differences with Commercial Banks |
By the end of the
lesson, the learner
should be able to:
Define NBFIs and their purpose. Explain Development Finance Institutions, Housing Finance Companies, SACCOs, Insurance Companies. Detail their functions and services. |
Research on local NBFIs. SACCO membership simulation. Insurance policy analysis. Housing finance case studies. Group presentations on NBFI roles.
|
NBFI information sheets, SACCO materials, Insurance policies, Housing finance examples, Case study materials
Loan application forms, Agricultural projects, Comparison charts, Case studies, Analysis sheets |
KLB Secondary Business Form 4, Pages 111-113
|
|
3 | 3 |
MONEY & BANKING
|
Central Bank Functions
|
By the end of the
lesson, the learner
should be able to:
Define Central Bank role in monetary control. Explain currency issuing, banker to banks, government banking, bank control, and clearing house functions. Demonstrate lender of last resort role. |
Central Bank role-play activities. Currency management simulation. Inter-bank transaction examples. Government account simulation. Bank supervision demonstrations. Cheque clearing exercises.
|
Central Bank charts, Currency samples, Inter-bank forms, Government forms, Supervision checklists, Clearing examples
|
KLB Secondary Business Form 4, Pages 113-115
|
|
3 | 4 |
MONEY & BANKING
|
Monetary Policy Tools
|
By the end of the
lesson, the learner
should be able to:
Define monetary policy and its objectives. Explain bank rate, open market operations, cash/liquidity ratio, compulsory deposits, selective credit controls, directives and moral suasion. Demonstrate how these tools control money supply. |
Monetary policy simulation exercises. Interest rate effect analysis. Securities trading demonstrations. Cash ratio calculations. Credit control scenarios. Policy tool comparison activities.
|
Policy charts, Interest rate examples, Securities samples, Calculation sheets, Control scenarios, Comparison tables
|
KLB Secondary Business Form 4, Pages 115-117
|
|
4 | 1 |
MONEY & BANKING
|
Modern Banking Trends
|
By the end of the
lesson, the learner
should be able to:
Analyze evolution in account types and their features. Explain computer use in banking and its benefits. Detail ATM operations and their impact on banking. Assess technological improvements in banking. |
Modern banking technology demonstration. ATM operation simulation. Computer banking examples. Account feature comparison. Technology impact discussions.
|
ATM cards, Computer demonstrations, Modern banking examples, Technology comparison charts
|
KLB Secondary Business Form 4, Pages 117-119
|
|
4 | 2 |
MONEY & BANKING
PUBLIC FINANCE PUBLIC FINANCE |
Modern Banking Trends
Introduction to Public Finance and its Purpose Purpose of Public Finance - Provision of Essential Services |
By the end of the
lesson, the learner
should be able to:
Explain mobile banking, e-banking, and M-pesa services. Detail credit facilities evolution and customer care improvements. Analyze mobile banks and Pesa Point services. Assess banking accessibility improvements. |
Mobile money demonstrations. E-banking simulations. Digital payment exercises. Credit application processes. Customer service role-plays. Mobile bank simulation.
|
Mobile phones, E-banking platforms, Digital payment examples, Credit forms, Service scenarios, Mobile bank materials
Chalkboard, textbook, exercise books, pens, local examples from students' experience. Chalkboard, textbook, exercise books, chalk, students' prior knowledge and experiences. |
KLB Secondary Business Form 4, Pages 119-121
|
|
4 | 3 |
PUBLIC FINANCE
|
Purpose of Public Finance - Economic Control and Development
Sources of Public Finance - Overview and Classification |
By the end of the
lesson, the learner
should be able to:
Explain how public finance controls consumption of certain products. Describe how government encourages/discourages certain economic activities. Analyze balanced regional development through public finance. Examine wealth redistribution through public finance. |
Discussion on high prices of cigarettes and alcohol; Teacher explains government subsidies using fertilizer example; Students give examples of development projects in different counties; Q/A on how taxes help the poor.
|
Chalkboard, textbook, exercise books, examples from students' local knowledge, chalk.
Chalkboard, textbook, exercise books, chalk, students' observations from daily life. |
KLB Secondary Business Studies Form 4, Pages 124-125
|
|
4 | 4 |
PUBLIC FINANCE
|
Government Borrowing - Internal and External
Types of Debt and Government Expenditure |
By the end of the
lesson, the learner
should be able to:
Define government borrowing. Distinguish between internal and external borrowing. Explain bilateral and multilateral borrowing. Analyze the concept of national debt. |
Detailed teacher explanation with chalkboard illustrations; Discussion on Kenya borrowing from different countries; Students share what they know about loans; Simple calculations of debt examples.
|
Chalkboard, textbook, exercise books, chalk, basic calculator (if available), student knowledge.
Chalkboard, textbook, exercise books, chalk, local examples from students' environment. |
KLB Secondary Business Studies Form 4, Pages 125-127
|
|
5 | 1 |
PUBLIC FINANCE
|
Principles of Public Expenditure
Introduction to Tax and Taxation Principles of Taxation |
By the end of the
lesson, the learner
should be able to:
Outline principles governing public expenditure. Explain the concept of sanctions in public spending. Analyze the principle of maximum social benefit. Examine flexibility and economy in public expenditure. |
Teacher exposition on government spending rules; Discussion on why parliament must approve spending; Students give examples of wasteful government spending they have heard about; Q/A on benefits of government projects.
|
Chalkboard, textbook, exercise books, chalk, students' general knowledge from radio/conversations.
Chalkboard, textbook, exercise books, chalk, students' shopping experiences and observations. Chalkboard, textbook, exercise books, chalk, students' market experiences and price observations. |
KLB Secondary Business Studies Form 4, Pages 128-129
|
|
5 | 2 |
PUBLIC FINANCE
|
Classification of Taxes - By Structure
|
By the end of the
lesson, the learner
should be able to:
Define and distinguish regressive, proportional and progressive taxes. Calculate tax under different tax structures. Analyze the impact of each tax structure on different income groups. Evaluate merits and demerits of progressive taxation. |
Teacher works through mathematical examples on chalkboard; Students practice calculations in exercise books; Group work comparing effects on different income earners; Supervised practice with simple numbers.
|
Chalkboard, textbook, exercise books, chalk, basic arithmetic skills, simple calculation examples.
|
KLB Secondary Business Studies Form 4, Pages 132-135
|
|
5 | 3 |
PUBLIC FINANCE
|
Classification of Taxes - Direct vs Indirect
|
By the end of the
lesson, the learner
should be able to:
Distinguish between direct and indirect taxes. Explain impact and incidence of taxation. Identify examples of direct taxes (income tax, corporation tax, etc.). Analyze examples of indirect taxes (VAT, excise duty, etc.). |
Teacher exposition with chalkboard examples; Discussion on taxes deducted from salaries vs taxes on goods; Students identify taxes they see in shops; Group work classifying different taxes they know.
|
Chalkboard, textbook, exercise books, chalk, students' knowledge of prices and salary deductions.
|
KLB Secondary Business Studies Form 4, Pages 135-141
|
|
5 | 4 |
PUBLIC FINANCE
INFLATION |
Merits and Demerits of Direct and Indirect Taxes
Introduction to Inflation and Deflation |
By the end of the
lesson, the learner
should be able to:
Analyze advantages and disadvantages of direct taxation. Evaluate merits and demerits of indirect taxation. Compare effectiveness of direct vs indirect taxes. Assess the role of both types in government revenue. |
Comparative discussion using chalkboard summary; Group debates on which tax system is better; Students discuss tax avoidance they have observed; Comprehensive review and written exercise; Topic summary preparation.
|
Chalkboard, textbook, exercise books, chalk, student experiences and observations, review questions.
Price comparison charts from different years, Country inflation examples, Purchasing power calculation sheets, Real product price data |
KLB Secondary Business Studies Form 4, Pages 135-141
|
|
6 | 1 |
INFLATION
|
Consumer Price Index (CPI) Concepts
CPI Calculation - Simple Average Method CPI Calculation - Weighted Average Method |
By the end of the
lesson, the learner
should be able to:
Define Consumer Price Index and its purpose. Explain index numbers and their importance. Identify factors in CPI construction: basket selection, base period, price data. Understand CPI as inflation measurement tool. |
Analysis of typical consumer basket of goods. Selection of base year with stable prices. Price data collection simulation. Discussion on representativeness of basket items. Index number concept demonstration.
|
Sample consumer baskets, Base year price data, Price collection sheets, Index calculation examples, Consumer survey materials
Price data for multiple commodities, Calculation worksheets, Calculators, CPI formula charts, Practice problem sets Family budget examples, Weight assignment sheets, Weighted calculation templates, Comparison tables, Advanced calculation problems |
KLB Secondary Business Form 4, Pages 144-146
|
|
6 | 2 |
INFLATION
|
Types of Inflation and Demand-Pull Inflation
More Causes of Demand-Pull Inflation |
By the end of the
lesson, the learner
should be able to:
Classify inflation by causes: demand-pull and cost-push. Define demand-pull inflation as "too much money chasing few goods." Identify causes: increased government expenditure, credit creation effects, increased incomes. |
Demand-pull inflation simulation using classroom market. Analysis of government spending impact on prices. Credit creation and money supply exercises. Case studies on income increases and price effects.
|
Market simulation materials, Government spending examples, Money supply charts, Income increase scenarios, Demand-pull diagrams
Shortage simulation materials, Population growth data, Expectation scenario cards, Consumer expenditure charts, Supply-demand graphs |
KLB Secondary Business Form 4, Pages 148-150
|
|
6 | 3 |
INFLATION
|
Cost-Push Inflation and Its Causes
More Cost-Push Causes and Subsidy Effects |
By the end of the
lesson, the learner
should be able to:
Define cost-push inflation where costs push prices upward. Identify causes: wage increases, tax increases, profit margin increases. Explain imported inflation through input cost increases. |
Cost-push inflation demonstrations using production scenarios. Wage-price spiral simulation exercises. Tax impact on production costs analysis. Import price increase effects on local production costs.
|
Production cost scenarios, Wage-price spiral charts, Tax impact examples, Import price data, Cost-push diagrams
Manufacturing cost examples, Subsidy impact data, Profit margin scenarios, Input cost charts, Comprehensive comparison tables |
KLB Secondary Business Form 4, Pages 150-152
|
|
6 | 4 |
INFLATION
|
Levels of Inflation
Positive Effects of Inflation |
By the end of the
lesson, the learner
should be able to:
Distinguish between moderate, galloping, and hyper-inflation. Explain characteristics and percentage ranges. Analyze historical examples of different inflation levels. Assess economic impacts of each level. |
Classification exercises using real country data. Historical case studies: Germany 1923 hyper-inflation. Moderate inflation benefits analysis. Comparison of inflation levels and their economic effects.
|
Historical inflation data, Germany 1923 case study, Country comparison charts, Inflation level classification sheets
Debtor-creditor scenarios, Profit calculation sheets, Work motivation examples, Resource utilization cases, Real vs nominal value charts |
KLB Secondary Business Form 4, Pages 152-153
|
|
7 | 1 |
INFLATION
|
Negative Effects of Inflation
|
By the end of the
lesson, the learner
should be able to:
Explain reduction in profits due to decreased sales volume. Analyze time wastage in price shopping. Demonstrate conflicts between employers and employees. Show decline in living standards. |
Sales volume decline simulation during price increases. Time cost analysis of shopping around for prices. Employer-employee wage negotiation role-plays. Living standard decline calculations with fixed incomes.
|
Sales simulation materials, Time cost analysis sheets, Role-play scenarios, Living standard calculation examples, Wage negotiation materials
|
KLB Secondary Business Form 4, Pages 154-155
|
|
7 | 2 |
INFLATION
|
More Negative Effects and Economic Impact
|
By the end of the
lesson, the learner
should be able to:
Analyze losses to creditors and retardation of economic growth. Explain adverse effects on balance of payments. Demonstrate loss of confidence in monetary system. Show discouragement of savings. |
Creditor loss calculations in real terms. Economic growth impact analysis with case studies. Balance of payments deterioration examples. Monetary system confidence erosion scenarios. Savings discouragement analysis.
|
Creditor loss examples, Economic growth data, Balance of payments charts, Monetary confidence indicators, Savings impact studies
|
KLB Secondary Business Form 4, Pages 155-156
|
|
7 | 3 |
INFLATION
|
Controlling Inflation - Monetary Policy Tools
|
By the end of the
lesson, the learner
should be able to:
Define monetary policy for inflation control. Explain Central Bank tools: bank rate increases, open market operations. Demonstrate cash ratio and compulsory deposits effects. |
Monetary policy simulation with Central Bank role-play. Interest rate impact exercises on borrowing and spending. Open market operations demonstrations. Cash ratio calculation and credit impact analysis.
|
Central Bank simulation materials, Interest rate impact charts, Securities trading examples, Cash ratio calculation sheets
|
KLB Secondary Business Form 4, Pages 156-157
|
|
7 | 4 |
INFLATION
|
More Monetary Policy Tools and Fiscal Policy
|
By the end of the
lesson, the learner
should be able to:
Explain selective credit controls and directives. Detail moral suasion by Central Bank. Define fiscal policy for inflation control. Analyze government spending reduction and tax policy effects. |
Credit control scenario exercises. Central Bank directive simulations. Government spending impact analysis on inflation. Tax policy effects on consumer spending and production costs.
|
Credit control scenarios, Directive examples, Government spending data, Tax policy impact charts, Fiscal policy simulation materials
|
KLB Secondary Business Form 4, Pages 156-158
|
|
8 | 1 |
INFLATION
|
Fiscal Policy Measures and Production Solutions
Statutory Measures for Inflation Control |
By the end of the
lesson, the learner
should be able to:
Explain reducing taxes on production to control cost-push inflation. Demonstrate subsidizing production effects. Show government production of scarce commodities. Analyze comprehensive fiscal policy approaches. |
Production tax reduction impact analysis. Subsidy effect calculations on final prices. Government production case studies. Comprehensive fiscal policy design exercises for inflation control.
|
Production tax examples, Subsidy calculation sheets, Government production cases, Policy design templates, Impact analysis charts
Wage control examples, Price control policies, Import restriction data, Credit control scenarios, Policy implementation cases |
KLB Secondary Business Form 4, Pages 157-158
|
|
8 | 2 |
INFLATION
|
Export Controls and Comprehensive Control Strategies
|
By the end of the
lesson, the learner
should be able to:
Explain export controls to prevent domestic shortages. Analyze combination of multiple control measures. Evaluate effectiveness of different approaches. Design comprehensive anti-inflation strategy. |
Export control case studies and domestic market effects. Multi-pronged control strategy design exercises. Effectiveness evaluation of historical control measures. Comprehensive strategy presentations by groups.
|
Export control examples, Multi-strategy templates, Historical effectiveness data, Strategy design sheets, Presentation materials
|
KLB Secondary Business Form 4, Pages 158-159
|
|
8 | 3 |
INTERNATIONAL TRADE
|
Introduction, Types and Advantages
Disadvantages of International Trade Computing Terms of Trade |
By the end of the
lesson, the learner
should be able to:
Define international trade. Distinguish between bilateral and multilateral trade. State advantages of international trade. Explain how trade promotes specialization and employment. |
Q/A session on local trading experiences; Brainstorming on goods Kenya exports/imports; Group discussion on trade advantages with real examples; Analysis of technology transfer cases.
|
World map, newspapers with trade reports, charts showing Kenya's trading partners, business magazines
Newspaper cuttings on industry closures, case study materials, charts showing trade impacts Calculators, statistical data sheets, worked examples, formula charts |
KLB Secondary Business Studies Form 4, Pages 162-164
|
|
8 | 4 |
INTERNATIONAL TRADE
|
Factors Affecting Terms of Trade
Balance of Trade and Balance of Payments Concepts |
By the end of the
lesson, the learner
should be able to:
Explain factors causing differences in terms of trade between countries. Analyze impact of commodity nature on trade terms. Discuss demand changes and trade restrictions effects. Evaluate world economic order influences. |
Detailed exposition with country examples; Case study analysis of Kenya vs developed countries; Group discussions on commodity price variations; Q/A on trade restriction impacts.
|
Case study materials, charts comparing different economies, business magazines
Trade statistics, charts showing balance structure, newspapers with economic data |
KLB Secondary Business Studies Form 4, Pages 167-168
|
|
9 |
Mid term break |
|||||||
10 | 1 |
INTERNATIONAL TRADE
|
Preparing Balance of Payments Accounts
Balance of Payments Disequilibrium Terms of Sale in International Trade |
By the end of the
lesson, the learner
should be able to:
Prepare balance of payments on current account. Calculate balance of payments on capital account. Determine overall balance of payments. Interpret account balances and official settlement account. |
Step-by-step account preparation; Worked examples with comprehensive data; Supervised practice exercises; Group problem-solving on complex scenarios.
|
Account worksheets, calculators, worked examples, practice data sets
Policy documents, case study materials, charts showing correction methods Shipping documents, cost calculation worksheets, practical scenarios, charts |
KLB Secondary Business Studies Form 4, Pages 169-171
|
|
10 | 2 |
INTERNATIONAL TRADE
|
Credit and Import Documents
|
By the end of the
lesson, the learner
should be able to:
Explain letter of credit functions and types. Describe import licence requirements. Analyze indent procedures (open and closed). Discuss creditworthiness and banking relationships. |
Examination of actual letters of credit; Discussion on import licensing procedures; Group work on indent preparation; Analysis of banking documentation requirements.
|
Sample letters of credit, import licence forms, indent examples, banking documents
|
KLB Secondary Business Studies Form 4, Pages 176-177
|
|
10 | 3 |
INTERNATIONAL TRADE
|
Shipping, Insurance and Commercial Documents
|
By the end of the
lesson, the learner
should be able to:
Explain bill of lading purposes and features. Describe insurance policy types and certificate of origin. Analyze commercial and consular invoices. Compare airway bill with other transport documents. |
Examination of actual shipping documents; Discussion on insurance requirements; Group analysis of invoice types; Comparison of transport document features.
|
Bill of lading samples, insurance certificates, invoice examples, document comparison charts
|
KLB Secondary Business Studies Form 4, Pages 177-178
|
|
10 | 4 |
INTERNATIONAL TRADE
|
Specialized Trade Documents
|
By the end of the
lesson, the learner
should be able to:
Describe proforma invoice purposes. Explain freight note and weight note functions. Analyze letter of hypothecation uses. Discuss shipping advice note and document flow in trade. |
Exposition of specialized documents; Group work on document sequencing; Practical scenarios on document usage; Analysis of complete trade documentation cycle.
|
Document samples, flow charts, practical scenarios, case studies
|
KLB Secondary Business Studies Form 4, Pages 178-179
|
|
11 | 1 |
INTERNATIONAL TRADE
|
IMF and World Bank
|
By the end of the
lesson, the learner
should be able to:
State objectives and functions of IMF. Explain stable exchange rate maintenance and international liquidity provision. Describe World Bank objectives and development financing role. Compare IMF and World Bank functions. |
Exposition of institutional backgrounds; Discussion on exchange rate stabilization; Case studies on institutional interventions; Comparison of lending terms and objectives.
|
Charts showing institutional structures, case study materials, project reports
|
KLB Secondary Business Studies Form 4, Pages 180-182
|
|
11 | 2 |
INTERNATIONAL TRADE
|
African Development Institutions
Forms and Characteristics of Economic Integration |
By the end of the
lesson, the learner
should be able to:
Explain ADB establishment and functions. Describe ADF objectives and lending terms. Analyze impact on African development. Compare regional vs global financial institutions. |
Exposition of regional development banking; Case studies on funded African projects; Discussion on concessional lending terms; Analysis of development impact assessment.
|
ADB/ADF project reports, development case studies, institutional comparison charts
Maps showing integration blocs, comparison charts, case study materials on regional blocs |
KLB Secondary Business Studies Form 4, Pages 181
|
|
11 | 3 |
INTERNATIONAL TRADE
|
Importance and Effects of Economic Integration
|
By the end of the
lesson, the learner
should be able to:
Explain importance of economic integration including market expansion and specialization. Analyze advantages of free trade. Identify disadvantages including revenue loss and unemployment risks. Evaluate overall impact on member countries. |
Group discussions on integration benefits; Case studies on successful integration examples; Analysis of trade creation vs trade diversion; Balanced assessment of costs and benefits.
|
Integration success stories, policy analysis documents, charts showing trade effects
|
KLB Secondary Business Studies Form 4, Pages 184-185
|
|
11 | 4 |
INTERNATIONAL TRADE
|
Reasons and Methods of Trade Restrictions
|
By the end of the
lesson, the learner
should be able to:
Explain reasons for trade restrictions including infant industry and strategic industry protection. Describe methods: tariffs, quotas, administrative bottlenecks, foreign exchange control. Analyze dumping prevention and employment protection. |
Exposition of protection rationale with examples; Detailed explanation of restriction methods; Practical examples of tariff and quota calculations; Case studies on protection policies.
|
Case study materials, tariff schedules, quota examples, policy documents, calculators
|
KLB Secondary Business Studies Form 4, Pages 185-187
|
|
12 | 1 |
INTERNATIONAL TRADE
|
Advantages and Disadvantages of Trade Restrictions
|
By the end of the
lesson, the learner
should be able to:
State advantages of trade restrictions for domestic industries. Identify disadvantages including retaliation risks and consumer impacts. Analyze quality and price implications. Evaluate long-term effects on economic efficiency. |
Balanced analysis of restriction effects; Case studies on protection outcomes and retaliation; Discussion on consumer welfare impacts; Group evaluation of policy trade-offs.
|
Policy analysis documents, consumer impact studies, case study materials
|
KLB Secondary Business Studies Form 4, Pages 187-188
|
|
12 | 2 |
INTERNATIONAL TRADE
|
Trade Liberalization and Export Processing Zones
|
By the end of the
lesson, the learner
should be able to:
Explain trade liberalization concept and effects. Describe EPZ characteristics, advantages and disadvantages. Analyze impact on domestic industries. Evaluate EPZ contribution to economic development. |
Exposition of liberalization trends; Case study on Athi River EPZ; Discussion on liberalization impacts on local industries; Analysis of EPZ success factors and challenges.
|
EPZ documentation, liberalization case studies, charts showing trade policy evolution
|
KLB Secondary Business Studies Form 4, Pages 188-189
|
|
12 | 3 |
INTERNATIONAL TRADE
|
E-commerce and Digital Trade
Forms and Importance of Economic Integration Advantages and Disadvantages of Free Trade |
By the end of the
lesson, the learner
should be able to:
Explain e-commerce applications in international trade. Describe online payment systems and digital transactions. Analyze advantages and challenges of digital trade. Discuss future trends in electronic commerce. |
Demonstration of e-commerce platforms; Discussion on digital payment security; Group work on online trade benefits and risks; Analysis of technology impact on trade.
|
Computer/tablets for demonstration, e-commerce examples, online payment illustrations
Maps showing integration blocs, charts comparing integration forms, newspaper articles on regional cooperation Case study materials on successful integration, charts showing trade effects, policy analysis documents |
KLB Secondary Business Studies Form 4, Pages 189
|
|
12 | 4 |
INTERNATIONAL TRADE
|
Reasons for Trade Restrictions
Methods of Trade Restrictions Advantages and Disadvantages of Trade Restrictions Trends in International Trade |
By the end of the
lesson, the learner
should be able to:
Cite reasons for trade restrictions including infant industry protection. Explain strategic industry protection necessity. Discuss employment creation and protection through restrictions. Analyze dumping prevention and balance of trade preservation. |
Exposition of protection rationale with practical examples; Case studies on infant industry protection success; Discussion on strategic industries in Kenya; Group work on employment protection policies.
|
Case study materials on protected industries, charts showing protection policies, newspaper articles on trade policies
Tariff schedules, quota examples, calculators, policy documents showing restriction methods Policy analysis documents, case studies on protection outcomes, consumer impact studies EPZ documentation, computers/tablets for e-commerce demonstration, charts showing trade liberalization effects |
KLB Secondary Business Studies Form 4, Pages 185-187
|
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