Complete SS2 Economics Lesson Note

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These lesson notes cover the following topics for SS2 First, Second and Third Term Economics:


1          Measure of Central Tendency of Group Data

  1. Measure of Dispersion of Variation of Grouped Data

3          Theory of Consumer Behaviour

4          Demand And  Supply

5          Elasticity of Demand

6          Elasticity of Supply

7          Income Elasticity of Demand

8          Cross Elasticity of Demand

9          Price Control / Legislation

10        Rationing & Hoarding

11        Revision

12        Examination



  • Amplified and Simplified Economics for Senior Secondary School by Femi Longe
  • Comprehensive Economics for Senior Secondary School by J.V. Anyaele
  • Fundamentals of Economics for SSS By. R.A.I. Anyanwuocha


1-2                   Revision of theory of demand

Theory of supply

–  Definition of supply

– Explain the law of supply with tables and graphs.

Types of supply composite, complimentary and competitive)

3                      Abnormal Supply Curve

4                      Price determination in a free market

5                      Price system

6                      Public finance

7                      Taxation

8                      Uses of taxation

9                      Budget, Revenue allocation in Nigeria, National Debt.

10                    Agriculture Policies in Nigeria and Marketing of agricultural commodities prospects of agriculture.

11                    Revision

12                    Examination


  • Revision of Last Term’s Work / Money
  • Financial Institutions
  • Inflation and Deflation
  • Public Finance
  • Sources of Government Revenue
  • Budget
  • Capital Market
  • National Income
  • Theory of Income Determination
  • Theory of Multiplier
  • Revision
  • Examination



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