Economics-SS1 Second term

In this term, learners should look out for the following in detail. 

1.  Firm and Industry:
   • Definition of firm and industry.
   • Types and basic features of business enterprises or organisation
   • General and specific problems of business organisation.
2. Firm and industry:
   • Differences between private and public company.
3. Firm and Industry:
   • Definition of quoted and unquoted company
   • Stocks
   • Debentures, Shares and Bonds.
4. Population:
   • Meaning of population in economics
   • determinants and implication of population size and growth.
5. Theory of Population:
   • Malthusian theory of population
   • demographic and transition theory of population.
6. Population:
   • Distribution of population e.g. geographical, sex, age and occupation.
7. Population:
   • Importance and problem of census
   • rural and urban migration.
8. Labour Market:
   • Concept of Labour Force
   • efficiency and mobility of labour force,
   • factors affecting the size of Labour force.  
9. The Nature of Nigerian Economy:
   • General overview and structure of industry in Nigeria,
   • contribution of primary, secondary and tertiary sector.
10. Agriculture:
    • Meaning of agriculture
    • components of agriculture
    • system of agriculture,
    • importance of agriculture to the Nigerian economy.