ECONOMIC SS2 THIRD TERM

IN THIS TERM, LEARNERS SHOULD LOOK OUT FOR THE FOLLOWINH IN DETAIL

 Week 1: Elementary Treatment of Fiscal Policy.

– Meaning of Fiscal Policy. Public Finance.

–Objectives.

–Revenue Allocation and Control.

  Week 2: Elementary Treatment of Fiscal Policy.

–Direct and Indirect Taxation.

– Effect of Incidence of Taxation.

–Structure and Effects of Public expenditure on Government Budget.

 Week 4: Balanced and Unbalanced Budget.

•Ways Of Financing Deficit Budget and their effects. E.g. Debt Burden, Debt Relief and Debt Buy-book.

•Week 5: Element of national income accounting.

–Meaning of national income, concept and their uses.

–Ways of measuring national income and their limitation.

• Week 6: Elements of National Income and accounting.

–Uses and limitation of national income.

–Estimate and Structure of national income.

     Week 7: Type of financial institution and their functions.

–   Money market institutions.

–   Capital market institution.

•Week 8: Types of financial institution and their functions.

–   Functions of market institutions.

–   How the stock exchange operates, secondary and primary market.

• Week 9:  Demand and Supply of money.

–Determinants of demand and supply of money.

– Value of money and the price level.

•Week 10: Money Inflation and Deflation.

– Meaning and types of Inflation.

– Causes and effects of Inflation and Deflation in Nigeria.

• Week 11: Revision.

• Week 12: Examination.