SS1 Economics 1st Term Lesson Notes; Evaluation Tests

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The SS1 Economics 1st Term Lesson Notes is a compilation of notes on the following topics:

Lesson One: Meaning of Economics and Related Concepts – Page 2 – Click Here!
Unit 1: Nature and Scope of Economics
Unit 2: Basic Concepts of Economics
Unit 3: Why We Study Economics
Unit 4: Branches of Economics

Lesson Two: Basic Economic Problems of Society – Page 3 – Click Here!
Unit 1: What to Produce
Unit 2: How To Produce
Unit 3: For Who To Produce
Unit 4: Efficient Use of Available Resources

Lesson Three: The Nature of the Nigerian Economy – Page 4 – Click Here!
Unit 1: General Overview Of The Nigerian Economy
Unit 2: Economic Potentials of The Nigerian Economy
Unit 3: Economic Activities of the Six Geo-Political Zones of Nigeria
Unit 4: Nature and Structure Of Industries In Nigeria

Lesson Four: Economic Growth and Development – Page 5 – Click Here!
Unit 1: Introduction to
Economic Growth and Economic Development
Unit 2: Distinction Between Economic Growth And Economic Development
Unit 3: Definition and Features Of Under-Development
Unit 4: Problems of Economic Development In West Africa
Unit 5: Conditions Necessary For Rapid Economic Development
Unit 6: Ways of Financing Economic Development Nigeria

Lesson Five: Economic Development Planning – Page 6 – Click Here!
Unit 1: Definition of Economic Planning
Unit 2: Why Countries Embark On Economic Development Plans
Unit 3: Types of Economic Planning
Unit 4: Ways of Financing Economic Development in Nigeria
Unit 5: Problems Associated With Economic Planning In West Africa
Unit 6: Objectives of National Economic Planning
Unit 7: Nigeria Economic Planning Experience
Unit 8: Reasons for Economic Planning
Unit 9: Problems of Economic Planning in Nigeria

Lesson Six: Current Economic Plans: MDGs, NEEDS and VISION 2020 – Page 7 – Click Here!
Unit 1: The Millennium Development Goals (MDGs)
Unit 2: The National Economic Empowerment Development Strategy (NEEDS)
Unit 3: The Vision 20:2020.

Lesson Seven: Economic Development Challenges – Page 8 – Click Here!
Unit 1: Meaning of Economic Development Challenges
Unit 2: Poverty
Unit 3: Agencies Responsible For Poverty Alleviation in Nigeria
Unit 4: Some Economic Development Challenges In Nigeria

Lesson Eight: Economic Reform Programmes – Page 9 – Click Here!
Unit 1: Meaning of Economic Reform Programmes
Unit 2: Consolidation of Financial Institutions
Unit 3: Indigenisation
Unit 4: Nationalisation
Unit 5: Commercialisation and Privatisation
Unit 6: Deregulation
Unit 7: Economic and Financial Crime Commission (EFCC)
Unit 8: Independent Corrupt Practices and Other Related Offences Commission (ICPC)
Unit 9: National Agency For Food And Drug Administration And Control (NAFDAC)
Unit 10: Standard Organisation of Nigeria (SON)

Evaluation Tests on SS1 Economics 1st Term Lesson Notes – Click Here!

Economics for Senior Secondary Schools – Ayo Egunjobi, Festus Egwaikhide
Essential Economics for Senior Secondary Schools – Cole Esan Ande

Scroll Down to Select Page 2 for the next topic – Meaning of Economics and Related Concepts

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