NERDC Scheme · Free Scheme of Work
Economics Scheme of Work for SS1 to SS3
Economics at SS1 introduces demand, supply, production, and the structure of the Nigerian economy. SS2 builds through fiscal policy, national income accounting, inflation, and international trade. SS3 condenses into two terms covering global economic lessons, petroleum, balance of payments, and economic development planning, closing out with reform programmes and WAEC/NECO preparation. Below is the full scheme of work for all three levels, every term, so you always know exactly what comes next.
SS1 Economics
SS1 Economics
First Term
| 1. | Meaning of Economics and Related Concepts |
| 2. | Basic Tools of Economic Analysis |
| 3. | Concept of Demand and Supply |
| 4. | Theory of Production |
| 5. | Midterm Examination |
| 6. | Basic Economic Problems of Society |
| 7. | Midterm Break |
| 8. | Firms and Industry |
| 9. | Population |
| 10. | Labour Market |
| 11. | Revision |
| 12. | Examination |
| 13. | Closing |
Second Term
| 1. | The Nature of the Nigerian Economy |
| 2. | Agriculture |
| 3. | Mining |
| 4. | Meaning of Financial Institutions |
| 5. | Midterm Examination |
| 6. | Money: Meaning, Characteristics, and Functions |
| 7. | Midterm Break |
| 8. | Channels of Distribution |
| 9. | Instruments of Business Finance |
| 10. | Tools of Economic Analysis |
| 11. | Revision |
| 12. | Examination |
| 13. | Closing |
Third Term
| 1. | Cost Concepts |
| 2. | Revenue Concepts |
| 3. | Types and Features of Economic Systems |
| 4. | Labour Market |
| 5. | Midterm Examination |
| 6. | Elementary Treatment of Utility Theory |
| 7. | Midterm Break |
| 8. | Price Determination |
| 9. | Market Structures |
| 10. | Industries in Nigeria |
| 11. | Revision |
| 12. | Examination |
| 13. | Closing |
Recommended: Commerce Scheme of Work SS1–SS3
SS2 Economics
SS2 Economics
First Term
| 1. | Elementary Treatment of Fiscal Policy |
| 2. | Balanced and Unbalanced Budget |
| 3. | Elements of National Income Accounting |
| 4. | Money: Demand for and Supply of Money |
| 5. | Midterm Examination |
| 6. | Money: Inflation and Deflation |
| 7. | Midterm Break |
| 8. | Economic Lessons from Asian Tigers, Japan, Europe, and America |
| 9. | Human Capital Development |
| 10. | Petroleum and the Nigerian Economy |
| 11. | Revision |
| 12. | Examination |
| 13. | Closing |
Second Term
| 1. | Manufacturing and Construction Service Industries |
| 2. | Agencies that Regulate the Financial Markets |
| 3. | Functions and Role of Regulatory Agencies (I) |
| 4. | Functions and Role of Regulatory Agencies (II) |
| 5. | Midterm Examination |
| 6. | International Trade |
| 7. | Midterm Break |
| 8. | Economic Growth and Development |
| 9. | Balance of Payments (BOP) |
| 10. | Revision |
| 11. | Examination |
| 12. | Closing |
Third Term
| 1. | Economic Development Planning |
| 2. | International Economic Organization (I) |
| 3. | International Economic Organization (II) |
| 4. | Current Economic Plans: MDGs, NEEDS, Vision 2020 |
| 5. | Midterm Examination |
| 6. | Economic Development Challenges |
| 7. | Midterm Break |
| 8. | Economic Reform Programs |
| 9. | Past Question Drilling (I) |
| 10. | Past Question Drilling (II) |
| 11. | Revision |
| 12. | Examination |
| 13. | Closing |
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SS3 Economics
SS3 (Two Terms Only) Economics
First Term
| 1. | Economics Lessons from Asian Tigers, Japan, Europe, and America (1) |
| 2. | Economics Lessons from Asian Tigers, Japan, Europe, and America (2) |
| 3. | Human Capital Development |
| 4. | Petroleum and the Nigerian Economy |
| 5. | Midterm Examination |
| 6. | Manufacturing and Construction |
| 7. | Midterm Break |
| 8. | Service Industries |
| 9. | Agencies that Regulate Financial Markets |
| 10. | International Trade (1) |
| 11. | International Trade (2) |
| 12. | Revision |
| 13. | Examination |
| 14. | Closing |
Second Term
| 1. | Balance of Payments (B.O.P) I |
| 2. | Balance of Payments (B.O.P) II |
| 3. | Economic Growth and Development |
| 4. | Economic Development Planning |
| 5. | Midterm Examination |
| 6. | International Economic Organizations |
| 7. | Midterm Break |
| 8. | Current Economic Plans: MDGs, NEEDS, Vision 2020 |
| 9. | Economic Development Challenges |
| 10. | Economic Reform Programmes |
| 11. | Revision |
| 12. | Examination |
| 13. | Closing |
More Resources: Computer Hardware and GSM Repairs Scheme of Work JSS1–SS3
Frequently Asked Questions
Does ₦3,000 cover the whole session for every level?
Yes. One payment of ₦3,000 gets you First, Second, and Third Term notes for SS1 and SS2, plus every term available for SS3.
Why does SS3 only have two terms?
Economics at SS3 runs a First Term covering national development, trade, and globalization, and a Second Term focused on balance of payments, economic planning, and reform programmes, ahead of WAEC/NECO exams.
Does this scheme apply nationwide?
The core topic sequence follows the national curriculum, though individual schools sometimes adjust pacing around their own midterm and exam dates.
Can I get the lesson notes already written?
Yes. We can write the full set for you, SS1 to SS3, the whole session. Message us on WhatsApp to get started.
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Full Economics lesson notes, SS1 to SS3, the whole session, for ₦3,000.
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