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
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