Concept of Money, Financial… · SHS3 Economics

Lesson notes

Learning Objectives

Indicator: 3.4.2.LI.1 - Describe the types of government expenditure and sources of revenue.

By the end of the lesson, learners can:

Define government expenditure and sources of revenue in their own words using examples from Ghana’s national budget.
Classify government expenditure into at least three types (recurrent, capital, and transfer payments) with two examples each.
Identify at least four sources of government revenue, distinguishing between tax and non-tax sources.
Extract actual revenue and expenditure items from Ghana’s national budget document or a simplified version of it and present their findings in a group report.

This lesson builds on learners’ earlier understanding of money, financial institutions, and public finance from previous weeks. It prepares learners for Week 11, where they will analyse the national debt, and Week 12, where they will calculate tax incidence. The focus here is on describing and classifying, not on analysing debt or calculating tax burdens.

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Curriculum details

Strand: Government Economic Policy and Trade (Strand 4)
Sub-strand: Concept of Money, Financial Institutions and Public Finance (4.2)
Content standard: 3.4.2.CS.1 - Analyse national budget and national debt. 3.4.2.LO.1 Employ relevant information in the country to examine the national budget and debt.
Indicator: 3.4.2.LI.1 - Describe the types of government expenditure and sources of revenue.
Suggested placement: Semester 2, Week 10 (Week 30 of the year)
Our suggestion, laid out in curriculum order across three terms of twelve weeks. NaCCA does not fix the week, so follow your school's scheme of learning.
Curriculum reference: NaCCA curriculum document, p. 117

Exemplars (from the NaCCA curriculum)

Collaborative Learning: Work in mixed gender and ability groups to extract sources of revenue and expenditure from Ghana's national budget. Learners with disabilities and those from poor homes should be encouraged during the lessons. Present your result in Microsoft Word.
Assessment (3.4.2.AS.1). The document marks these depth-of-knowledge levels for this indicator: Level 2 Skills of conceptual understanding.
Teaching and Learning Resources:
- Markers
- White board
- Pens
- Exercise books
- Textbooks
- National budget
- Computers
- Projector
- ICT lab