WEEK TEN RATIONING AND HOARDING CONTENT Meaning of Rationing and Hoarding Effects of Rationing and Hoarding Black Market and its Effects DEFINITIONS: RATIONING: is a prevailing economic situation of scarcity of essential commodities in the market in which consumers are allowed to have access to these commodities at specified quantities and at regulated period of
WEEK NINE PRICE CONTROL/ LEGISLATION CONTENT Meaning Objectives Types (Minimum and Maximum) Effects of price control policy PRICE CONTROL POLICY: It is defined as a process by which the government or its agency fixes the price of essential commodities. That is, it is a situation where the government uses the instrument of law to fix
WEEK EIGHT CROSS ELASTICITY OF DEMAND CONTENT Definition Types (Positive and Negative) Measurement of Income Elasticity of Demand DEFINITION: Cross Elasticity of Demand is the degree of responsiveness of quantity demanded of commodity X to a little change in the price of commodity Y. Cross elasticity of demand is applicable mainly to goods that are
WEEK SEVEN INCOME ELASTICITY OF DEMAND CONTENT Definition Types (Positive and Negative) Measurement of Income Elasticity of Demand DEFINITION: Income elasticity of demand is the degree of responsiveness of quantity demanded of a commodity to a little change in consumer’s income. That is, it measures how changes in income of consumers will affect the quantity
WEEK SIX ELASTICITY OF SUPPLY CONTENT Meaning of Elasticity of Supply. Formula for Calculating Elasticity of Supply. Graphical Illustration of Elasticity of Supply. DEFINITION – Elasticity of supply can be defined as the degree of responsiveness of change in quantity supplied as a result of change in price. Elasticity of supply measures the extent to
WEEK FIVE ELASTICITY OF DEMAND CONTENT Definition of Elasticity of Demand Types of Elasticity of Demand Price Elasticity of Demand Types of price elasticity of demand and graphical representation Factors affecting elasticity of demand DEFINITION OF ELASTICITY OF DEMAND Elasticity of demand may be defined as the degree of responsiveness of demand as changes in
WEEK FOUR DEMAND AND SUPPLY CONTENT Change in Quantity Demanded Change in Demand Change in Quantity Supplied Change in Supply Effects of change in demand and supply on equilibrium price and quant CHANGE IN QUANTITY DEMANDED A change in quantity demanded, is otherwise known as movement along a particular demand curve that is only influenced
WEEK THREE THEORY OF CONSUMER BEHAVIOUR CONTENT Definition of Utility Cardinal school of thought/Assumption Concept of Total, Average and Marginal Utility The law of Diminishing Marginal Utility. THEORY OF CONSUMER BEHAVIOUR The theory of consumer behaviour is also known as the theory of household behaviour. It is primarily concerned with how the consumer or household
WEEK TWO MEASURES OF DISPERSION OF A GROUPED FREQUENCY DISTRIBUTION CONTENT Range Mean Deviation Variance Standard Deviation MEASURES OF DISPERSION: It is also known as measures of spread or variation describes how the data given in any distribution are spread about the ‘Mean’, or the overall spread of the data. These measures are the range,
WEEK ONE MEASURES OF CENTRAL TENDENCY CONTENT MEAN MODE MEDIAN In mathematics, the mean, median, and mode are all ways of describing central tendency. The mean is the most common type of average, and is calculated by adding up all of the numbers in a set and dividing by the total number of items.
FIRST TERM E-LEARNING NOTE SUBJECT: ENGLISH LANGUAGE CLASS: SS 2 SCHEME OF WORK WEEK TOPIC 1. Comprehension: Reading for Main Points (i) Structure: Revision on Nominalization of Adjectives and Verbs. (ii) Speech Work: Review of Consonants Followed by /j/ and /u/ Sounds. Summary: Revision of the Features of Summary. 2. (i) Comprehension – Learning about
Subject: ENGLISH STUDIES Term: FIRST TERM Week: WEEK 10 Class: SS 2 Previous lesson: The pupils have previous knowledge of SS 2 FIRST TERM REVISION TEST ENGLISH STUDIES BEHAVIOURAL OBJECTIVES: At the end of the lesson, the learners will be able to Read comprehension passage for main points – 2; Unit 4; Building,pg 66
Subject: ENGLISH STUDIES Term: FIRST TERM Week: WEEK 9 Class: SS 2 Previous lesson: The pupils have previous knowledge of SS 2 FIRST TERM REVISION TEST ENGLISH STUDIES BEHAVIOURAL OBJECTIVES: At the end of the lesson, the learners will be able to Read comprehension passage for main points – 2; Unit 4; Building,pg 66
Subject: ENGLISH STUDIES Term: FIRST TERM Week: WEEK Class: SS 2 SS 2 ENGLISH LANGUAGE Answer four questions in all; one question from Part A, and question 7,8 and 9. (50 marks) You are the chief speaker in a debate on the topic: “Female children are more beneficial than male children to their
Subject: ENGLISH STUDIES Term: FIRST TERM Week: WEEK 8 Class: SS 2 Topic: Previous lesson: The pupils have previous knowledge of Valedictory Ceremony in My School” BEHAVIOURAL OBJECTIVES : At the end of the lesson, the learners will be able to Read comprehension passage for main points – 2; Unit 4; Building,pg 66