Your blog category
100% NaCCA ALIGNED: This module follows the official SHS 1 Curriculum. [Embed YouTube Lesson Video Here] Introduction to the Market Exchange: Buyers and Sellers In the study of economics, understanding how markets function is fundamental. A market is simply any arrangement that allows buyers and sellers to exchange things. This exchange is driven by two…
100% NaCCA ALIGNED: This module follows the official SHS 1 Curriculum. [Embed YouTube Lesson Video Here] Understanding the Core Difference: Want vs. Demand In everyday language, ‘want’ and ‘demand’ are often used interchangeably. However, in economics, they represent vastly different concepts. A want is simply a desire for a good or service. For example, every…
100% NaCCA ALIGNED: National Curriculum Standard. [Your YouTube Lesson Video Will Appear Here] What is Business? Defining the Engine of the Economy In our communities, we see countless activities involving the exchange of goods and services—from the vendor selling bread early in the morning to the large bank managing complex transactions. According to the NaCCA…
NaCCA Alignment: Learning Objectives By the end of this study module, you should be able to: Define Economics based on the core relationship between unlimited wants and scarce resources (NaCCA Content Standard 1.1). Distinguish clearly between Microeconomics and Macroeconomics using Ghanaian examples. Differentiate between Positive Economics (facts) and Normative Economics (opinions or value judgments). Identify…
Learning Objectives (NaCCA Aligned Standards) By engaging with this material, you will be able to: Demonstrate knowledge and understanding of fundamental economic concepts, particularly Scarcity. Define Economics by relating it to the allocation of scarce resources to satisfy unlimited wants. Differentiate between the key branches of study: Microeconomics and Macroeconomics. Distinguish clearly between factual economic…
The Foundation of Economics: Scarcity and Choice Welcome, future economists! Our journey begins by asking a fundamental question NaCCA requires us to address: Why can’t we have everything we want? The answer, central to all economic thinking, is scarcity. NaCCA Alignment Standard 1 requires us to connect economics directly to your home and community experiences….
Section 1: Quick Summary of Key Concepts Economics is defined as the study of how society allocates scarce resources to satisfy unlimited wants. The subject is rooted in the concepts of scarcity and choice, which apply universally to every individual and nation, rich or poor. Microeconomics focuses on individual units (consumers, firms, specific markets), while…
Welcome to the foundational course for SHS 1 Chemistry! This week, we establish why chemistry is not just a subject, but the underlying science of everything we touch, taste, and build in Ghana. More importantly, we learn how to explore this exciting world safely. ### SECTION 1: Quick Summary * **Definition:** Chemistry is the study…
![[Introduction to Economics]: Why Scarcity Forces Every Ghanaian to Choose | Economics SHS 1 SEM 1 WEEK 1 (WASSCE & NaCCA Aligned)](https://schoolsupport.lavadanstech.com/wp-content/uploads/2025/12/school_support_697-768x432.jpg)
Economics is not just a subject; it is the study of life itself—how we make decisions daily, whether buying ‘koko’ or funding national projects. This week, SHS 1 learners anchor their understanding to the single most critical concept in all economic theory: Scarcity. ## SECTION 1: Quick Summary ### The Economic Problem * **Scarcity:** The…
Learning Objectives (NaCCA Aligned Standards) This foundational week sets the stage for mastering the scientific practices essential for chemical problem-solving and understanding atomic structure (1.1.1.CS.1). By the end of this module, you will be able to: Describe chemical processes around us and their vital applications in everyday Ghanaian life (1.1.1.LI.1). Discuss and explain fundamental safety…
