Defence Authority Public School O & A Levels

Muhammad Kamran Qazi Senior Faculty member

ECONOMICS

Scheme of PresentationIntroductionAimsCurriculum ContentScheme of AssessmentAssessment ObjectivesQuestion / Answers

Introduction Two major considerations;a) To develop interest/ taste for economics among studentsb) The course is designed to strengthen the conceptual

base of the students

Syllabus Breakupa) The whole syllabus – Covered in Three Yearsb) Each Year has Two Termsc) First Term – 16 weeksd) Second Term – 14 weeks

Assessment Procedurea) Class Assessment – Monthly Tests, Class Participation b) School Exam – Mid Term & Final Term Examc) Final Cambridge Examination

AIMS Improvement of following faculties among students :a) To develop sound understanding of elementary

economic theoryb) To be comfortable in handling the simple data,

graphs and diagramsc) To develop basic aptitude about extracting most

authentic/ reliable information from heaps of data/ information around them

d) To Co-relate and apply the principles of economics with the ever changing environment of the world outside the class rooms

e) To make intelligent economic decisions as a consumer

General Schedule of StudiesBrief Schedule of Economics GCE (O) for whole year:

Period Activity

August to November Intensive Studies

(regular classes)

December Mid Term Exams at School level

January to March Intensive Studies

(regular Classes)

April Final Term Exams at School Level

May Cambridge International Exams

O Level Program

Whole Course Covered – Three Years First Year – Grade 9 / Senior I Second Year – Grade 10 / Senior II Third Year – Grade 11/ Senior III Each Year – Two Terms First Term – 16 weeks Second Term – 14 weeks

Breakup of Syllabus 9th Grade – First Term

Week Chapter Coverage Learning Objective Internal Assessment

1st & 2nd Definition of Economics, Scarcity, Choice and Basic economic questions

Introduction of Economics Exercises from book

Class/ Home work

3rd & 4th Opportunity Cost, Production Possibility Curve & its Shifts

Introduction of Economics Monthly Test

5th & 6th Free Market Economic System -Advantages & Disadvantages

Planned and Mixed economy

Introduction & Understanding of Market Systems

Exercises from book

Class/ Home work, Home Assignments

7th & 8th Factors of Production Introduction & Understanding of Factors of Production

Monthly Test

9th & 10th Specialisation, Division of Labour, Need for Exchange Definition, Adv. & Disadvantages

Work Sheets, Qs & As Sessions

11th & 12th Types of Integration, Take Over & Merger, Reasons for Firms sizes

Basic Concepts of organisations

Monthly Test

13th & 14th Cost of Production- Types Basic Concepts of Scale of Prod.

Project Assignments & Class Activity

15th Economies & Diseconomies of Scale – Types, Adv. & Disadvantages

Introduction of business organization.

Home Assignment.

16th Revision Passed Papers – Solution Group Discussions, Time management during exam, Methods of Attempting Papers

Breakup of Syllabus 9th Grade – 2nd Term

Week Chapter Coverage Learning Objective Internal Assessment

1st & 2nd Stock Exchange – Functions, Describe the types of business organization : sole proprietors, partnership ,private and public company, multi-national co-operative and public corporation

How Stock Market Works, Introduction of Cost Curves

Exercises from book

Class/ Home work

3rd & 4th Market Structure – Introduction of Market Competition, Perfect Competition

Monopoly – Graphical Illustration How Market Works

Monthly Test

Exercises from book

Class/ Home work, Home Assignments

5th & 6th Monopoly - Advantages & Disadvantages, private and social costs, and benefits along with the conflicts of interest in relation to these costs and the benefits .

Understanding of external costs and benefits.

Assignment

7th & 8th Monopoly - Advantages & Disadvantages, Business Organisation in Private Sector, Sole Trader & Partnership

Role of Private Sector

Monthly Test

9th & 10th Public & Private Limited Companies, MNCs, Public Corporations

Role of Public Sector Work Sheets, Qs & As Sessions

11th & 12th Money – Definition, Functions, Barter System

Trade Union

Conceptual Base Monthly Test

13th & 14th Central Bank- Functions, Characteristics

Commercial Banks

Introduction of Banking Project Assignments & Class Activity

15th & 16th Revision Past Papers – Solution Group Discussions, Time management during exam, Methods of Attempting Papers

Breakup of Syllabus 10th Grade – 1st Term

Week Chapter Coverage Learning Objective Internal Assessment

1st & 2nd Demand & Supply, Assumption of Law of Demand, Shift in Demand, Supply & Stock, Law of Supply, Shifts in Supply

Introduction of Consumer’s & supplier’s behavior

Work Sheets, Qs & As Sessions, Class & Home Work

3rd & 4th Market Price, Forces of Demand & Supply, Change in Demand/ Supply & Price, Elasticity Concept

How Market works Monthly Test, Exercises from book, Class/ Home work, Home Assignments

5th & 6th Elasticity of Supply, Types of Elasticity, Taxes & Subsidies

How Market Works Exercises from book

Class/ Home work, Home Assignments

7th & 8th Factors affecting individual’s choice of occupation, Wage & Non Wage Factors

Role of Economic Agents Monthly Test

9th & 10th Differences in Earnings between Skilled/ unskilled & male/ female

Role of Economic Agents

Project & Home Assignments

11th & 12th

Changing Patterns of Expenditure, Motives for spending, borrowing & saving

Role of Economic Agents

Monthly Test

13th & 14th

Unemployment & Inflation - causes & consequences

Introduction of Economic issues

Project Assignments & Class Activity

15th & 16th

Revision Past Papers – Solution

Group Discussions, Time management , Methods of Attempting Papers

Breakup of Syllabus 10th Grade – 2nd Term

Week Chapter Coverage Learning Objective Internal Assessment

1st & 2nd Population, Changing Size & Structure of Population, Consequences

Introduction Qs & As, Class/ Home work

3rd & 4th International Trade – Principles, Advantages & Disadvantages

Introduction Monthly Test, Home Assignment

5th & 6th Protectionism, Reasons of Protectionism

Introduction of International trade

Exercises from book

Class/ Home work, Home Assignments

7th & 8th Developed & Developing Countries, Disparities, Qs & As from pas papers

Introduction & discussion Monthly Test

9th & 10th Reasons for disparities in living standards, Tax Structure

Introduction of macro economic factors

Assignment

11th & 12th

Taxation, Prices – Advantages & Disadvantages

Introduction of macro economic factors

Monthly Test

13th & 14th

Revision Past Papers – Solution Group Discussions, Time management during exam, Methods of Attempting Papers

Breakup of Syllabus 11th Grade – 1st Term

Week Chapter Coverage Learning Objective Internal Assessment

1st & 2nd Introduction of Macro Economics, Role of Government & its Aims

Introduction of Macro economics

Home Assignment

Qs & As Session

3rd & 4th Trade Offs between Government Aims, introduction of Fiscal Policy

Introduction of Macro economic issues

Monthly Test

5th & 6th Circular flow of income, Details of Fiscal And Monetary Policy

Introduction of Macro economic issues

Qs & As session, Home Assignments

7th & 8th Introduction of Inflation as a Macro economic issue, measures to control inflation

Introduction of Macro economic issues Monthly Test

9th & 10th Introduction & Types of Employment, consequences of unemployment

Introduction of Macro economic issues

Qs & As Sessions, Home assignment

11th & 12th

Policies to control unemployment, economic growth

Explanation of Macro economic issues

Monthly Test

13th & 14th

Monetary & Fiscal policy to improve economic growth

Explanation of Macro economic issues

Project Assignments & Class Activity

15th & 16th

Revision Past Papers – Solution

Group Discussions, Time management during exam, Methods of Attempting Papers

Breakup of Syllabus 11th Grade – 2nd Term

Week Chapter Coverage Learning Objective Internal Assessment

1st & 2nd Equality of Income & Wealth, Balance of Payments & its Transactions

How Stock Market Works, Introduction of Cost Curves

Exercises from book

Class/ Home work

3rd & 4th Explanation of Balance of Payments accounts, Policies to control deficits & Disequilibrium

How Market works Monthly Test

5th & 6th Barriers on imports, Explanation of Terms of Trade & its effects on Balance of Payments

How Market Works Exercises from book

Class/ Home work, Home Assignments

7th & 8th Solving of Past Papers for the Period June 1997 to 2011

Revision

Group Discussions, Time management during exam, Methods of Attempting Papers

9th & 10th Solving of Past Papers for the Period June 1997 to 2011

Revision Do

11th & 12th

Solving of Past Papers for the Period June 1997 to 2011

Revision Do

13th & 14th

Solving of Past Papers for the Period June 1997 to 2011

Revision Do

Internal School’s AssessmentTerm Mark Weighting

Year Monthly Test

Attendance Class Participation

Exam

9th Class

10% 5% 5% 80%

10th Class

10% 5% 5% 80%

11th Class

10% 5% 5% 80%

Scheme of AssessmentOrdinary Level

In addition to the various class tests and school examinations, the students at O level take the following exams at the end of the Final year.

Paper Type Duration Number of Questions

Max. Mark

Mark Weighting

1 Multiple Choice

1 hour 40 40 30%

2 (a) Case Study

2 Hrs

1 20 70%

(b) Structured Essay

3 from a choice of 6

60

Assessment Modes &Objectives1. Multiple Choice ComponentObjectives:

To demonstrate knowledge and understanding of content Interpretation of verbal, numerical and graphical economic data By using economic concepts, theories and data in explaining and analysing

economic issues2. Data ResponseObjectives: To demonstrate knowledge and understanding of content Interpretation of verbal, numerical and graphical economic data3. Essay writingObjectives: To demonstrate knowledge and understanding of content By using economic concepts, theories and data in explaining and analysing

economic issues To evaluate economic information, arguments, proposals and policies on

the criteria of theoretical and conceptual base developed among the students

To organise, present and communicate economic theories and facts in logical and appropriate form.

Book ListEconomics : A complete Course by Dan

Moynihan & Brian TitleyEconomics for GCSE by AG AndertonIntroductory Economics by GF Stanlake

Web Sites www.tutor2u.net www.cie.org.uk www.kidzzone.com www.sbp.org.pk www.bized.ac.uk Xtremepapers.com S-cool.co.uk.com The times100 students and teacher resource center.com