Summary

• Description:

  The MS Word document comprises Form 3 Business Studies Term 2 Schemes of Work 2025. The PDF version of the document is also available upon request. The resource/book used is KLB.

  The schemes of work cover the following topics and sub-topics:

  • PRODUCT MARKETS
  • The kinked demand curve.
  • CHAIN OF DISTRIBUTION
  • Channels of distribution.
  • Distribution of local agricultural produce.
  • Distribution of locally manufactured goods. Distribution of imported goods.
  • Roles played by intermediaries in the distribution chain.
  • Choice of distribution channel.
  • NATIONAL INCOME.
  • Meaning of national income, GDP, NDP, GNP & NNP. Per capita income.
  • Circular flow of income.
  • Factors affecting the circular flow of income.
  • Expenditure approach of determining national income.
  • Income approach of determining national income.
  • Output approach of determining national income.
  • Uses of national income statistics.
  • Levels of national income.
  • POPULATION & EMPLOYMENT.
  • Population growth. Optimum population.
  • Under-population.
  • Over-population.
  • Young population. Ageing population.
  • Declining population.
  • Population structure.
  • Employment and unemployment.
  • Causes of unemployment.
  • Solving unemployment problems.
  • NET WORTH OF A BUSINESS.
  • Basic terms used in business.
  • Book-keeping Equation.
  • Balance sheet.
  • Importance of a balance sheet.
  • Book-keeping equation and balance sheet.
  • Net worth of a business.
  • Topic review.
  • BUSINESS TRANSACTIONS
  • Types of business transactions.
  • Effects of transactions on the balance sheet.
  • Changes in capital: Drawing.
  • Additional investments. Profit & losses.
  • Initial and final capital of a business.
  • THE LEDGER.
  • Meaning and purpose of a ledger.
  • Rules of recording transactions in ledger accounts.

  The document is neat and printable.

• File Size:

  24.38 KB
• Length:

  8 pages
• Category:

  Schemes of Work
• Level:

  Form 3
• Subject:

  BUSINESS STUDIES
• Posted By:

  Caleb_Peter

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