W 1-2 3-5 6 C Topic h 12 The Government and Economy National Budget Outline Expenditure Services provided by the State Income (Sources) Expenditure (Types) Deficit/Surplus Resources Differentiation Learning Outcomes Draft a simple budget Identify a Surplus Identify a deficit Books Chapter Notes Charts Weebly YouTube Puzzles News Order questioning Group Work Assessment s and Tests Extra tasks 13 International Trade Imports & Exports The Importance of Trade Main types of Goods traded Sources of Imports Destinations of Exports Foreign Currencies & Exchange Rates Balance of Trade Balance of Payments 14 The Channels of Distribution Primary, Secondary & Tertiary producers Identify Traditional, Cash & Carry, and wholesale Symbol Groups. Books Chapter Notes Charts Weebly YouTube Puzzles Internet for EU activities Calculator Order Questionin g Group Work Assessment s and Tests Extra tasks Identify sources & destinations of Irelands Trade Identify Members of EC & Languages & Currencies Identify currencies of other Countries Currency Conversion Website PowerPoi nt YouTube Class Questions Verbal Tests Order Questions and discussions Draft sample Chains of Productions and Channels of Distribution Distinguish retailer and wholesaler and discuss Identify different types of Retailing (Independent, Dept stores, Franchise etc) Identify modern trends in retailing (Internet, Vending machines, Mail order) trends in each. 7-8 15 People at Work Employment V’s Work Employment & Unemployment Nature of Work Student Employment Organisation of the Work place Books Chapter Notes Charts Weebly YouTube Puzzles Calculator Order questioning Assessment s and tests Extra Questions Group Work Pair calculation s Work with teacher on the board 910 16 Industrial Relations Trade Unions Books Order questioning Nature of Work Employee’s Responsibiliti es Where People Work SelfEmployment Trends in Employment (Job sharing, etc) Unemployme nt trends Legislation in regards to students gaining employment Draft & Interpret an Organisationa l Chart Calculate Wage Slips Functions of a Trade Union Shop Steward Trade Disputes & Resolutions 1112 17 Delivery Systems Why is a good transport and Delivery System important? The Factors to consider in choosing a Delivery System Advantages and Disadvantages of Delivery Systems Recent trends and Chapter Notes Charts Weebly YouTube Puzzles Assessment s and tests Extra Questions Group Work Books Chapter Notes Charts Weebly YouTube Distance Calculator Order questioning Assessment s and tests Extra Questions Group Work Pair calculation s Work with teacher on the board Types of Trade Unions Role of Shop Steward Collective Bargaining Process Causes of Trade Disputes Official & Unofficial Strikes Alternatives to Strikes Steps to resolving a dispute (hierarchy) Different Third Parties available in resolution Management roles in resolution Choosing correct delivery systems for jobs Identify key advantages and disadvantages for certain goods and services Calculate Delivery Times and Interpret developments in delivery systems Calculating Delivery Times 13 18 Communications Importance of Communication for a business Internal & External Selecting Forms of Communication Modern Developments in Communication Agencies involved in Communication s 14 1516 EXAMS 19 Marketing • Marketing definition • Types of Markets • The Marketing Mix delivery schedules Books Chapter Notes Charts Weebly YouTube EXAMS Books Chapter Notes Charts Weebly YouTube Order questioning Assessment s and tests Extra Questions Group Work Pair calculation s Work with teacher on the board Exams Group WorkDesign a poster idea Class Discussion s Identify the different forms of communicatio n (internal & external) Types of Communicati on (Verbal/Writt en/Visual) Select & recommend appropriate source of communicatio n (privacy, copy etc) Draw & interpret charts/diagra ms Identify different state & private agencies involved in communicatio ns EXAMS Distinguish the types of markets Differentiate each of the Marketing Mix • Market Research • Methods of Market Research • Market Segmentation • Advertising • Sales and PR Newspape rs Discussio ns Order Questionin g Illustrate the methods of market research Incorporate key theory elements into group task Differentiate each of the forms of business Advantages and Disadvantage s Limited Liability Draft an ownership template Identify forms of ownership Recommend Forms of Ownership Outline stages in formation of a Private Limited Company Complete ownership forms 1718 20 Forms of Business Ownership Sole Traders Private Limited Companies Co-operatives State-Owned Companies Franchises Books Chapter Notes Charts Weebly Template Order questioning Assessment s and tests Extra Questions 19 21 Private Limited Company Formation Procedure Incorporation Limited Liability Books Chapter Notes Charts Forms to fill in Order questioning Assessment s and tests Extra Questions 20 22 Sources of Finance Internal & External Sources Books Chapter Notes Charts Weebly Order questioning Assessment s and tests Identify suitable sources of finance Suitability of Finance Extra Questions (internal & external) Calculating costs of finance Compare different optional costs of finance 2122 23 Business Plan Cash Flow Statements Prepare a simple Business Plan Four Elements (Management, Finance, Marketing & Production) Costings Viability of a Business Plan Books Chapter Notes Charts Weebly Calculator Account Books Sample Questions Calculator Order questioning Assessment s and tests Extra Questions Prepare a business plan Complete Cash Flow Forecasts Understand why Cash Flows are needed 23 24 Commercial Banks Services provided by the Banks Rates of Interest Interest Calculation Money Transfer Books Chapter Notes Charts Weebly Account Books Sample Questions Order questioning Verbal Test Assessment s and tests Extra Questions Identify different services provided by the banks Calculate interest payable Complete Banking Documents (S/O. D/D, Paypath, Bank Draft, Giro) Apply for a loan 24 25 Business Insurance Business Risks Premium Calculation Books Chapter Notes Charts Weebly Insurance notes from First Year Account Books Sample Questions Calculator Handouts Order Questionin g Extra Questions Assessment s and Tests 2527 26 The Trading Account/ Profit and Loss Account/ Balance Sheet Final Accounts 1 introduction Final Accounts 2 introduction Final Accounts 3 introduction Revision Weebly YouTube Chapter Notes Accounts Books Textbook Questions Calculator Textbook Questions Up to board learning Additional Questions Key word test 2829 Revision Revision Compare Bank Statement & Accounts and reconcile differences Need for Insurance (Risks) Identify Insurance Requirements Estimate the Costs Calculate Premiums Identify the Risks effect on Premiums Estimate Compensatio n (including Average Clause) Explain Insurance Terms Solve each type of account at Ordinary Level Standard Present the layouts for each account Revision