LESSON NOTE FOR WEEK TWO

SUBJECT ; ECONOMICS

CLASS ; S. S 1

DATE; 11-15/ 09/ 23

TOPIC :ECONOMICS AS A SCIENCE, ARTS OR SOCIAL SCIENCE.

SUB-TOPIC : CAREER PROSPECTS FOR STUDING ECONOMICS.

AGE : 14+

DURATION ; 35mins

PERIOD : 1

LEARNING OBJ ; BY the end of the lesson, the students should be able to ;

1. Define science

2. Explain Economics as a Science and social science

KEY /VOCABULARY WORDS ; Science, law, Ceteris Paribus.

ENTRY BEHAVIOUR : The students are familiar with the term "science" based on previous assignment.

INSTRUCTIONAL MATERIAL : An illustration showing why Economics is a social science.

REFERENCE MATERIAL : ESSENTIAL AND AUTHORITY IN ECONOMICS

INSTRUCTIONAL METHOD : Set induction, Use of the examples, planned repetition, reinforcement,
evaluation and closure.

CONTENT DEVELOPMENT

What is science? Science is defined as a systematic and generalised body of knowledge which is
ascertained by observation and experiments.

Is Economics a science, Art or social subject?

ECONOMICS IS A SOCIAL SCIENCE Like like other pure sciences. The assumption is, “Ceteris Paribus’’
meaning “All things being equal’’. Economics is basically a social science subject and not an art or pure
science due to the following reasons. In pure sciences, such as Chemistry, Physics, Biology, there are
observations, selection and classification of relevant materials in making generalization to formulate
laws, but in economics its fundamental facts are the daily observation.In pure sciences, observation
from laboratory experiments are more precise and can be reproduced exactly, but in economics they
are attained from human and cannot be exactly produced. In physical sciences, theories are made from
logical deductions but though they both use scientific. Economics is a social science subject dealing with
the behaviour of human, which cannot be predicted. Economics, therefore, deserves to be called a
science subject because it makes use of scientific methods in its area methods.

PERIOD 11

DURATION :35 MINS

LEARNING OBJ ; By the end of the lesson the students should be able to

1. Outline the career prospects for studying Economics.

CONTENT DEVELOPMENT

CAREER PROSPECT FOR STUDYING ECONOMICS .

1.The study of economics leads to professionalism as it provides an individual with employment

opportunities in any field or organization.

2. An economist can fit in very well into any organization as long as resources are involved.

3. The acquisition of knowledge of economics helps an individual to function effectively and efficiently in
the following fields.

- Lecturing in higher institution.

- Marketing

-Banking

Managing an organizational consultancy, etc.

4. Financial investment analyst.

5. Working as an Economist in any international organisation

- International monetary fund

-World Bank etc.

ACTIVITIES / STRATEGIES

Activity i. Define science

Activity ii. Is Economics a science, Art or social science.

Activity iii. Outline career prospects for studying Economics

Activity iv. Evaluation

EVALUATION :

1. Define science

2. Explain Economics as a Science and social science

ASSIGNMENT :

1. Is Economics a science, social science or Art subject. Explain in your own understanding.

2. State the basic concepts of Economics.