First Term SS1 Economics Lesson Note


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This lesson note covers the following topics for SS1 First Term Economics:

  1. Meaning of Economics.
  2. Economics as a Science, Arts or Social subject.
  3. Basic Concept of Economics.
  4. Importance of Opportunity Cost to an Individual, Firms and the Government.
  5. Basic Economic Problems of the Society.
  6. Basic Tools for Economics Analysis.
  7. Data Collection and Presentation.

8    Theory of Production.

  1. Land as a Factor of Production.
  2. Labour as a Factor of Production
  3. Revision.

12 & 13. 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


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