Study and Assessment Schedule for Economics Form 4 Term 1 2021 – 2022

September 6th – December 10th 2021

Teacher: Suné Bethelmy-Osuji

Week Topic Objectives Focus Assessment and Topic/s

Assessed
1 Orientation Discuss topics to be covered for the Review of Work/Study Schedule
Target Setting Review of Assessment Schedule
term;
Tips for online learning
Discuss methods of online learning Target Setting
and support for students.
Create a what’s app group.
1 Nature of Economics: Define the term economics. READING:
Definition of economics 1. Comprehensive Economics
Explain the branches of economics
and economy; for CSEC Ch. 1, pp. 2 – 9
Branches of Economics; Explain the meaning of an Suggested Reading:
Main Agents in the
economy;
Economy; 2. OpenStax College. (2014).
Concepts of Opportunity Discuss the importance of the Chapters 1 and 2. In O.
cost, choice, efficiency; College, Principles of
National Budget and main
Free good vs. economic Microeconomics (pp. 18 - ).
good; highlights. Houston: Rice University.
Goods vs. services Available at
Explain the concepts of scarcity,
choice and opportunity cost within https://openstax.org/books/principles
-microeconomics-2e/pages/2-
an economy.
problems

Prepared by Suné Bethelmy-Osuji

 3. Attempt Past Paper
Questions:
June 2019 Q1a
June 2018 Q1d
June 2008 Q1c
June 2015 Q2a
4. Activities posted to Edmodo
5. Activities posted to Quizalize
2–3 Nature of Economics: Use the production possibility READING:
Illustrate Production
frontier to illustrate basic economic
Possibility Curve (PPC); 1. Comprehensive Economics
Shifts in PPC; concepts, principles and for CSEC Ch. 1, pp. 9 - 13
Pivot in PPC;
approaches;
Suggested Reading or Other
Resources:

2. OpenStax College. (2014).

Chapters 1 and 2. In O.
College, Principles of
Microeconomics (pp. 18 - ).
Houston: Rice University.
Available at

https://openstax.org/books/principles
-microeconomics-2e/pages/2-
problems

3. Tregarthen, T., & Rittenbery,

L. (2012). Chapters 1 & 2. In
T. Tregarthen, & L.
Rittenbery, Microeconomics
Principles (Vol. 1.0, pp. ).
Unnamed Publisher. Available at
Prepared by Suné Bethelmy-Osuji
 https://2012books.lardbucket.org/boo
ks/microeconomics-principles-v1.0/

4. Answer Multiple Choice

Questions at end of Chapter
in Textbook Qs 1 – 11
exclude q6
5. Attempt Past Paper
Questions:
June 2008Q8a-c
June 2012 Q1d
June 2013 Q8c
June 2014 Q1bi
June 2015Q8
4 Economic Decisions Describe the main economic agents READING: Scarcity, Choice,
in an economy; Opportunity Cost and
1. Comprehensive Economics
Describe the main factors that for CSEC Ch. 2, pp. 18 – 23 Production Possibility
2. Answer Multiple Choice
affect the decisions made by Curve and Economic
Questions at end of Chapter
economic agents. in Textbook Qs 1 – 5. Decisions
3. Attempt Past Paper
ASSESSMENT QUIZ
Questions:
June 2008 Q8d Quizizz.com
June 2010 Q6d
June 2012 Q1c
June 2014 Q1d

5 Production and Economic Describe the main sectors in an READING:

Systems
economy;
1. Comprehensive Economics
Distinguish between goods and for CSEC Ch. 3, pp. 26 - 31
Suggested Reading:
services
OpenStax College. (2014). Chapter
Prepared by Suné Bethelmy-Osuji
 Explain the concept of resource 1.4. In O. College, Principles of
Microeconomics (pp. 18 - ).
allocation
Houston: Rice University. Available
List the types of economic systems at
Describe the characteristics of each
https://openstax.org/books/principles
economic system -microeconomics-2e/pages/2-
problems
Assess the merits and demerits of
2. Answer Multiple Choice
each economic system Questions at end of Chapter
in Textbook Qs 1 – 5
3. Attempt Past Paper
Questions:
June 2008 Q1b, d
June 2009 Q1 b and Q2c,d
June 2010 Q2 c
June 2011 Q1d
6 Theory of Distribution – Define the term “factors of READING:
Factors of Production
production”
1. Comprehensive Economics
Identify the economic resources for CSEC Ch. 11, pp. 88 - 96
Suggested Reading or Other
referred to as “factors of
Resources:
production” 2. Tregarthen, T., & Rittenbery,
L. (2012). Chapter 2.1 In T.
State the rewards of the factors of
Tregarthen, & L. Rittenbery,
production Microeconomics Principles
(Vol. 1.0, pp. ).
Understand the need to prepare to
Unnamed Publisher. Available at
be a productive citizen https://2012books.lardbucket.org/boo
ks/microeconomics-principles-v1.0/

3. Attempt Past Paper

Questions:
Prepared by Suné Bethelmy-Osuji
 June 2010 Q2b
7 Theory of Production: Define “production” READING: Factors of Production,
Production vs.
Distinguish between production Economic Systems
Productivity; 1. Comprehensive Economics
Division of Labour; and productivity for CSEC Ch. 11, pp. 92 – 94 ASSESSMENT QUIZ
Suggested Reading:
Outline the advantages and Quizizz.com
disadvantages of division of labour 2. Lumen Boundless
Economics: Division of and
Understand that cooperation gets
Specialization of Labour
the job done faster available at:
https://courses.lumenlearning.com/
atd-baycollege-introbusiness/
chapter/reading-the-division-of-and-
specialization-of-labor/

3. Answer Multiple Choice

Questions at end of Chapter
in Textbook Qs 1 – 8
4. Attempt Past Paper
Questions:
June 2013 Q1
June 2010 Q2d
June 2018 Q3a(i), d
ASSESSMENT: Quizalize
8 Theory of Production: Differentiate between short run and READING:
Short run vs Long run;
long run.
Measures of output; 1. Comprehensive Economics
Law of diminishing returns Explain the concept of diminishing for CSEC Ch. 12, pp. 99 –
105
returns to scale

Prepared by Suné Bethelmy-Osuji

 2. Answer Multiple Choice
Questions at end of Chapter
in Textbook Qs 1 – 6
9 – 10 Theory of Cost of Identify the costs associated with READING:
Production:
production.
Costs of production; 1. Comprehensive Economics
Short run vs. long run; Calculate the costs associated with for CSEC Ch. 13, pp. 108 –
Illustration of cost curves; 114
production.
Calculation of costs
Illustrate the curves associated with Suggested Reading or Other
Resources
the cost of production.
2. Tregarthen, T., & Rittenbery,
L. (2012). Chapter 8 In T.
Tregarthen, & L. Rittenbery,
Microeconomics Principles
(Vol. 1.0, pp. ).
Unnamed Publisher. Available at
https://2012books.lardbucket.org/boo
ks/microeconomics-principles-v1.0/
3. Attempt Past Paper
Questions:
June 2013 Q7d
June 2013 Q7a
June 2009 Q8b
11 Practice Calculation of Calculate the costs associated with READING:
Costs of production
production
1. Comprehensive Economics
for CSEC Ch. 13, pp. 108 –
114

Suggested Reading or Other

Resources:
2. Tregarthen, T., & Rittenbery,
L. (2012). Chapter 8 In T.
Prepared by Suné Bethelmy-Osuji
 Tregarthen, & L. Rittenbery,
Microeconomics Principles
(Vol. 1.0, pp. ).
Unnamed Publisher. Available at
https://2012books.lardbucket.org/boo
ks/microeconomics-principles-v1.0/
3. Attempt Past Paper
Questions:
June 2019 Q2c
June 2014 Paper 3 Q5
12 Economies and Explain the concept of economies READING: Economic Systems,
Diseconomies of Scale
of scale Economies of Scale,
1. Comprehensive Economics
Give examples of economies of for CSEC Ch. 13, pp. 114 – Calculation of Costs of
116
scale Production.
Explain the concept of Suggested Reading or Other ASSESSMENT
Resources
diseconomies of scale. CSEC Paper 2 June 2014
2. Economics Online for Q2
students of Economics.
15 marks
“Economies of Scale”
available at: Upload to Teams
https://
www.economicsonline.co.uk/
Business_economics/
Economies_of_scale.html

3. Economics Online for

students of Diseconomics.
“Economies of Scale”
available at:
https://
www.economicsonline.co.uk/
Prepared by Suné Bethelmy-Osuji
 Business_economics/
Diseconomies_of_scale.html

4. Answer Multiple Choice

Questions at end of Chapter
in Textbook Qs 1 – 15
5. Attempt Past Paper
Questions:
June 2011 Q8b
June 2016 Q1

13 – 14 Review Past paper questions

Recommended Resources for CSEC Economics, NALIS: Available at:

https://www.nalis.gov.tt/NALIS-Blog/ArticleID/405/EDUCATIONAL-LIBRARY-SERVICES-RECOMMENDED-RESOURCES-FOR-CSEC-
ECONOMICS

Prepared by Suné Bethelmy-Osuji