G 12 Economics Annual plan 2018 E.C..docx

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1. Name of the school- ABUNA GORGORIOS SECONDARY SCHOOL Annual date of teaching - 214
Academic year- 2018 E.C Weekly periods: - 5
Name of teacher- Teshale Bayisa Annual periods: -
Subject- Economics First semester date of teaching 114
Grade - 12 (social) Second semester date of teaching: -102
learning outcomes
Unit: One
The Fundamental Concept of Macroeconomics
After completing this unit, students will be able to:
Identify the difference between macroeconomics and microeconomics.
Describe the focus areas of macroeconomics.
Analyses different challenges of macroeconomics.
Differentiate classical, Keynesian and monetarist macroeconomics.
Explain the contribution of different schools of thought for the
development of macroeconomics
Unit TWO
Aggregate demand and Aggregate Supply Analyses
Distinguish the difference between a change in the quantity demanded
and a change in demand.
Discuss various explanations for wage and price stickiness.
Demonstrate graphically the short run and long run equilibrium in
relation to potential output.
Explain how the as–ad model is used to analyses economic fluctuations
Unit Three
Market failure and consumer Protection
Define market failure.
Identify the cause of market failure.
State the characteristics of public goods.
Define the concept of externalities and asymmetric information.
Explain the concept of consumer protection.
Unit Four
Macroeconomic Policy instrument
Realize the difference among fiscal, monetary and income policy.
Distinguish the difference between expansionary and contractionary
fiscal and monetary policies.
Explain how income policy affects aggregate supply and aggregate
demand.
Understand the different exchange rate policies
Unit: Five
Tax Theory and Practice
Understand the concept of taxes.
Explain the objectives of taxes
Distinguish between the various types of taxes.
Identify the basic principles of taxation and characteristics of a good tax system.
Explain the nature and problems of taxation in ethiopia.
Unit: Six
Poverty and Inequality
Discuss the meaning of poverty and its measurements.
Appreciate the meaning and measurement of income inequality.
Recognize the social groups that are mainly affected by poverty and inequality problems.
Compare and contrast the global, regional and national poverty figures.
Appreciate the role of indigenous knowledge and institutions in reducing poverty and inequality in ethiopia.
Unit: Seven
Macroeconomic Reform in Ethiopia
Explain economic reforms in Ethiopia.
Understand national development objectives and strategies
Understand home grown economic reforms.
Recognize the role of private sector in the reform process.
Unit: Eight
Economy, Environment and climate change
Appreciate the links between economics and the environment.
Recognise the interaction between development, population, resources and the environment.
Define climate change and global warming.
Recognize the causes, indicators, impacts, and vulnerability to climate change.
Appreciate the role of green economy for sustainable development.
Explain climate change and environmental policies of ethiopia.

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WeekDateMain content Sub content Learning Competency Teaching methodology Teaching aid Evaluation


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1st
week
5-9
Unit One
The Fundamental
concept of Macro
economic
1.1.1 Definition of macro
economics
At the end of this section, students will be able to:
Define macroeconomics.
Explain the focus areas of
macroeconomics.
open-ended questioning
brainstorming
discussion
Text book
Guide books
Reference
books
Class activity
Home work
2 2nd
week
12-
16
1.1 Definition and focus
areas of macro-economic1.1.2 The focus areas of macro
economics
At the end of this section, students will be able to: -
explain the focus areas of
macroeconomics
Brainstorming
Group discussion
Explanation
Examples
Illustrations
Case studies
Debates
Home work
Quizzes
3 3rd
week
19-
23
1.2 Key challenges of
macro economics
1.2.1 Economic growth
1.2.2 Inflation
1.2.3 Unemployment
1.2.4 Business cycle
1.2.5 Balance of trade
At the end of this section, students will be able to
Analyze different challenges of
macroeconomics
Define Economic growth, inflation,
unemployment, business cycle and
balance of trade.
brainstorming
Discussion
Explanations
Numerical
Examples
Text book
Tables and
graphs
Class activity
Home work
Quizzes
4 4
th

week
26-
30
1.3 The school of thought
in macro economics
1.3.1 Evolution and the recent
development
1.3.2 The classical and
Neoclassical
1.3.3 Keynesian
1.3.4 Monetarist
1.3.5 New classical
At the end of this section, students will be able to: -
Describe the evolution and recent
development in macroeconomic
analysis.
list different schools of thought engaged
in macroeconomic analysis
Startup activities
Group discussion
Demonstration
Illustrations
Case studies
Text book
Guide books
Individual
activities
Presentation
Home work
1
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week
3-72.Aggregate demand and
Aggregate supply
Analysis
2.1 Aggregate demand
2.1.1 The concept of Aggregate
demand
2.1.2 The Aggregate demand
curve
2.1.3 Shifts in aggregate
demand curve
At the end of this section, students will be able to:
Define concept of aggregate demand.
Describe the basic determinants of
aggregate demand.
Distinguish the difference between a
change in the quantity demanded and a
change in demand.
Open-ended questioning
Brainstorming
Group discussion
Demonstrations
graphs
charts and
figures
tables and
statistical data
Class activities
Presentation
Homework
2 2
nd

week
10-
14
2.2 Aggregate Supply2.2.1 Concepts of Aggregate
Supply
2.2.2 The upward sloping
aggregate supply curve
2.2.3 The vertical aggregate
supply curve
At the end of this section, students will be able to:
Define concept of aggregate supply.
Construct and interpret the supply
curve.
describe the basic determinants of
aggregate supply
Open-ended questioning
Brainstorming
Group discussion
Explanation
Text book
Guide books
graphs
charts and
figures
tables and
statistical data
Class activity
Home work
Worksheet
3 3
rd

week
17-
21
2.3 Equilibrium of
Aggregate demand and
aggregate supply
2.3.1 Shocks to aggregate
demand
2.3.2 Shocks to aggregate
supply
At the end of this section, students will be able to:
Define market equilibrium.
Identify the concepts of short-run and
long-run equilibrium.
Analyze how the market reaches equilibrium,
and the possible factors that could cause a
change in equilibrium.
Differentiate between demand shock
and supply shock.
Open-ended questioning
Brainstorming
Group discussion
Demonstration
graphs
 charts and
figures
tables
statistical data
Quizzes
Home work
Individual and
group work
4 4
th

week
24-
28
Unit Three
Market Failure and
Consumer protection
3.1.1 Common types of market
failure
3.1.2 Solutions to market failure
At the end of this section, students will be able to:
Define market failure.
Explain the different types of market
failures.
Open-ended questioning
Startup activities
Group discussion
Explanation
Text book
Guide books
Examples
Class activity
Home work
Quizzes

3. 3.1 Market failure Analyses the solutions of market
failures.
1
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week
1-5
3.2 Public goods Definition and features of public
goods
At the end of this section, students will be able to:
Define public goods.
Explain the characteristics of public
goods.
Explain the free rider problem.
Compare and contrast efficiency
difference between pure public and
private goods
Group discussion
Demonstration
Illustrations
Examples
Case studies
Text book
Guide books
Debates
Presentations
Home work
2 2
nd

week
8-123.3 Externalities Externality and EfficiencyAt the end of this section, students will be able to:
Define the concept of externalities.
describe positive and negative
externalities
Open-ended questioning
Brainstorming
Group discussion
Demonstrations
Illustrations
Examples
Case studies
Text book
Guide books
Class activity
Home work
Quizzes
3 3
rd

week
15-
19
3.4Assymmetric
Information
Adverse selection and moral
hazard problems
At the end of this section, students will be able to:
Define asymmetric information.
Outline the implications of asymmetric
information.
Brainstorming
Group discussion
Explanations
Case studies
Examples
Guide books
Class activities
Quizzes
Home work
Individual and
group works
4 4
th

week
22-
26
3.5 Consumer protectionConcept of consumer protection
Consumer protection experience
in Ethiopia
At the end of this section, students will be able to:
Explain the concept of consumer
protection.
Outline the need for consumer
protection.
describe the rights and responsibilities of
consumers,
State the main provisions of the
Consumer Protection Act.
Open-ended questioning
Brainstorming
Group discussion
Explanation
Text book
Guide books
Illustrations
Examples
Class activity
Home work
Quizzes
1
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week
29- 34. Macroeconomic Policy
Instrument
4.1 Definition and types
of macroeconomic policy
Definition and types of
macroeconomic policy
At the end of this section, students will be able to:
Define macroeconomic policy
instruments.
State the general objectives of
macroeconomic policy.
Open-ended questioning
Brainstorming
Group discussion
Demonstrations
Text book
Guide books
Tables and
graphs
Class activity
Group work
Homework
2 2
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week
6-104.2 Fiscal policy 4.2 .1 Tools of Fiscal policy
4.2.2 Types of fiscal policy
At the end of this section, students will be able to:
Explain fiscal policy.
Distinguish the difference between
expansionary and contractionary fiscal
policy.
Explain how expansionary and
contractionary fiscal policy can shift
aggregate demand and influence the
economy.
Analyses the reason why fiscal policy is
important.
Questioning
Brainstorming
Group discussion
Explanation
graphs
 charts and
figures
tables
statistical data
Homework
Debates and
Discussions
3 3
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week
13-
17
4.3 Monetary policy 4.3.1Tools of monetary policy
4.3.2 Types of Monetary
policies
At the end of this section, students will be able to:
Contrast expansionary monetary policy
and contractionary monetary policy.
Explain how monetary policy impacts
interest rates and aggregate demand.
Open-ended questioning
Brainstorming
Group discussion
Explanation
Text book
Guide books
Tables and
graphs
Presentations
Class activities
Quizzes
Home work

4. Analyses why monetary policy is
important.
4 4
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week
20-
24
4.4 Income policy and
wages
Minimum wages
Price ceiling
Price floor
At the end of this section, students will be able to:
State income policy.
Explain how income policy impacts
aggregate supply and aggregate
demand.
explain minimum wages and the effect
of ‘pricing policy
Summarize the purposes of income
policy.
Open-ended questioning
Brainstorming
Group discussion
Explanation
Examples
Illustrations
Text book
Guide books
Tables and
graphs
Homework
Debates and
Discussions
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5th
week
27-14.5 Foreign Exchange
policies
Types of exchange rate
policies
Key factors that affect
exchange rate policies
Exchange rate structure in
Ethiopia
At the end of this section, students will be able to:
Explain how appreciating or
depreciating currency affects exchange
rates.
Analyses how the foreign exchange
market works.
Identify exchange rate policies.
Startup activities
Demonstrations
Group discussion
Explanation
Text book
Guide books
Tables and
graphs
Class activity
Home work
Quizzes
2 1st
week
4-8Revision
3 2nd
week
11-
15
Revision
4 3rd 18-
22
Model Exam
Prepared by Teshale Bayisa Department head _________________ Academic vice dean _____________________ Director _______________________
Sig______________________________ Sig ___________________________ Sig _____________________________ Sig____________________________
Date _________________________ date _______________________ date _________________________ date ________________________

5. Name of the school-ABUNA GORGORIOS SECONDARY SCHOOL
Academic year- 2018 EC Annual date of teaching: - 214
Name of teacher- Teshale Bayisa Weekly periods: - 5
Subject- Economics Annual periods ___________
Grade - 12 (social) First semester date of teaching: - 112
Second semester date of teaching: - 102
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2-6 5.Tax Theory and Practice
5.1 Taxes definition,
Principle, Objectives and
classifications
5.1.1 Definition and
terminologies of taxation
5.1.2 Objectives of taxation
5.1.3 Principles of taxation
5.1.4 Characteristics of a
good tax system
5.1.5 Classification of taxes
5.1.6 Major categories and
sources of tax
At the end of this section, students will be able to:
Define taxation.
List the basic principles of taxation.
Explain the characteristics of a good tax
system.
Compare and contrast taxation systems
across the world.
Open-ended
questioning
Brainstorming
Group
discussion
Explanation
Examples
Illustrations
Case studies
Homework
Debates and
Discussions
2
nd

week
9-135.2 Approaches to tax
equity
5.2.1 The benefits approach
5.2.2 The ability to pay
approach
At the end of this section, students will be able to:
List the different approaches to tax equity.
describe the incidence of taxes
Group
discussion
Explanation
Text book
Guide books
Illustrations
Examples
Presentations
Class activities
Quizzes
Home work
3rd
week
16-205.3 Tax system and
structure in Ethiopia
Schedules tax system in
Ethiopia
At the end of this section, students will be able to:
Describe the various types of taxes and tax
system in Ethiopia.
Explain various tax policies of Ethiopia.
Startup
activities
Demonstrations
Group
discussion
Explanation
Examples
Illustrations
Case studies
Tables
Class activity
Home work
Quizzes
4th
week
23-275.4 Types of tax and tax
accounting in Ethiopia
Direct and indirect taxesAt the end of this section, students will be able to:
Describe the various types of taxes and tax
Open-ended
questioning
Homework
Debates and

6. system in Ethiopia.
Explain various tax policies of Ethiopia.
Brainstorming
Group
discussion
Explanation
Discussions























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1st
week
30-45.5 Problems associated
with taxation in Ethiopia
Tax avoidance and tax
evasion
At the end of this section, students will be able to:
Explain prevailing problems of taxation in
Ethiopia.
Suggest possible remedial actions to alleviate the
problems associated with tax collection in
Ethiopia.
Startup
activities
Demonstrations
Group
discussion
Explanation
Statistical data
Textbook
teacher guide
debates
group
discussions
Class activity
Home work
2nd
week
7-116.Poverty and inequality
6.1 Concepts of poverty
and its measurement
6.1. 1 Poverty
6.1.2 Types of poverty
6.1.3 Measuring poverty
6.1.4 Sen’s Approach to
poverty and wellbeing
At the end of this section, students will be able to
Explain the meaning of poverty.
describe how poverty can be measured
Open-ended
questioning
Brainstorming
Group
discussion
Explanation
Examples
Illustrations
Text book
Guide books
Presentations
Class activities
Quizzes
Home work
3rd
week
14-18
6.2 Concept of inequality
and its measurements
Lorenz curve, and gini
coefficient
At the end of this section, students will be able to
Explain the meaning of inequality.
analyses the measurements of inequality
Group
discussion
Explanation
Demonstrations
Text book
Guide books
Tables and
graphs
Homework
Debates and
Discussions
4th
week
21-256.3 Global and Regional
poverty
Sustainable development
goals
Recognize the situation of poverty from
global and regional perspectives.
Explain the reasons why extreme poverty still
remains a challenge in parts of the world,
especially sub-Saharan Africa, including
Ethiopia.
Open-ended
questioning
Brainstorming
Group
discussion
Explanation
Examples
Illustrations
Text book
Guide books
Homework
Debates and
Discussions

































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5th
week
28-26.4 Women and povertyGlobal poverty problems of
women
Appreciate why some groups in society such
as women face poverty.
Identify measures to address the problem of
poverty facing women.
Startup
activities
Demonstrations
Group
discussion
Explanation
Statistical data
Examples
Textbook
Guide books
Reference
Class activities
Quizzes
Home work
Individual and
group works
1st
weeek
5-9 6.5 Over view of poverty
and Inequalities in
Ethiopia
The relationship of poverty
and inequality
At the end of this section, students will be able to
Recognize the extent of poverty and
inequality in Ethiopia.
Brainstorming
Group
discussion
Explanation
Statistical data
Textbook
teacher guide
graphs
Homework
Debates and
Discussions
2nd
week
12-166.6 Role of Indigenous
knowledge in reducing
poverty
The role of Equb and Ider in
reducing poverty in Ethiopia
At the end of this section, students will be able to
Appreciate the role of indigenous knowledge
and practices in reducing poverty.
Identify different local actors and actions
that work to improve the wellbeing of the
society.
Open-ended
questioning
Brainstorming
Group
discussion
Explanation
Examples
Illustrations
Textbook
Reference
Class activity
Home work
Quizzes
3rd
week
19-237.Macro Economic
reforms in Ethiopia
7.1 National development
objectives and strategies
7.1.1 National development
plan during the Emperial
period 1950-74
7.1.2 National development
plan during socialist period
1974-1991
7.1.3 National development
plan under FDRE
At the end of this section, students will be able to
Identify national development plan
objectives and strategies.
Analyses the national development plans of the
Monarchy, Military and EPRDF governments.
Startup
activities
Demonstrations
Group
discussion
Explanation
Text book
Guide books
Videos
Homework
Debates and
Discussions

7. 7.1.4 National development
plan after a reform 2021-2030























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4th
week
26-307.2 Overview of Home-
grown economic reforms
in Ethiopia
7.2.1 Macro economic
reforms
At the end of this section, students will be able to
explain the home-grown economy reforms
and the needs for reform
Brainstorming
Group
discussion
Explanation
Text book
Guide books
Audios
Videos
Presentations
Class activities
Quizzes
Home work
1st
week
3-7 7.3 Fiscal decentralization7.3.1 Advantages and
disadvantages of
decentralized system
At the end of this section, students will be able to
Explain main objectives of fiscal
decentralization.
Identify the advantages and disadvantages
of decentralization.
Startup
activities
Demonstrations
Group
discussion
Explanation
Illustrations
Examples
Text book
Guide books
-Class activity -
Home work
Quizzes
3rd
week
10-14
8.2 Global warming and
climate change
8.2.1 Global warming
8.2.2 Climate change
8.2.3 Scope of the problem
and the causes of climate
change
8.2.4 Indicators of climate
change
8.2.5 Impacts of climate
change
8.2.6 Vulnerability to climate
change
8.2.7 Means to address
climate change challenges
At the end of this section, students will be able to
Describe the link between global warming
and climate change.
Define climate change.
Explain the causes, indicators, vulnerability
to and impacts of climate change.
Examine the means to address the problems
of climate change.
Appreciate the policy measures that Ethiopia is
undertaking to mitigate and adapt to climate
change.
Startup
activities
Demonstrations
Group
discussion
Explanation
Examples
Illustrations
Text book
Guide books
Homework
Debates and
Discussions































J
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4th
week
17-218.3 Green Economy and
green growth
Concepts of green economy
And green growth
At the end of this section, students will be able to
Define green economy.
Explain green growth.
Identify the sources of renewable energy.
Group
discussion
Explanation
Text book
Guide books
Audios
Videos
Homework
Debates and
Discussions
1st
week
24-288.4 Overview of
environment and climate
change in Ethiopia
At the end of this section, students will be able to
Gain insight into national policies to
address climate change in Ethiopia.
Startup
activities
Demonstrations
Group
discussion
Explanation
Statistical data
Examples
Textbook
Guide books
Reference
Class activities
Quizzes
Home work
Individual and
group works
2
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week
1-5
3
rd

week
4th
Week
8-12
15-19Entrance Exam

8. Prepared by Teshale Bayisa Department head _________________ Academic vice dean _____________________ Director _______________________
Sig______________________________ Sig ___________________________ Sig _____________________________ Sig____________________________
Date _________________________ date _______________________ date _________________________ date ________________________