Loading ...

The Yakili course for Lower Sixth Commercial TST Economics must adhere to the GCE syllabus, focusing on both Microeconomic fundamentals and TST-relevant practical skills.

1. Content Requirements

The course must deliver comprehensive coverage of:

• Basic Economic Problem: Scarcity, choice, opportunity cost, and the Production Possibility Frontier (PPC).


Getty Images
Explore

• Market Mechanism: Laws, determinants, and elasticity of Demand and Supply, and the concept of market equilibrium.

• Production & Costs: The factors of production, the law of diminishing returns, and the calculation/analysis of different types of costs (average, marginal, total).

• Market Structures: Core characteristics of competition (Perfect Competition, Monopoly, Oligopoly) and reasons for government intervention.

• Entrepreneurship: A TST-specific focus on the importance, forms, and function of the entrepreneur in economic development.

2. Platform Requirements

• Instructional Media: Use animated video lectures and interactive diagrams to explain complex economic models and curves.

• Assessment: Implement formative quizzes for terminology and definitions, coupled with summative mock exams mirroring the GCE format.

• Contextualization: Integrate Cameroonian/African case studies and examples to apply theoretical concepts to real-world business and trade environments.

• Skill Development: Include activities that foster data analysis and support project-based learning (PBL) components required by the TST syllabus.

This Yakili online course is specifically designed for students pursuing Commercial Technical Services and Trades (TST) Economics within the Cameroon GCE Advanced Level curriculum. The course provides a rigorous and practical introduction to core economic principles, focusing on how individuals, firms, and the government make choices regarding scarce resources. It comprehensively covers Microeconomic fundamentals such as the concepts of scarcity and choice, the analysis of Demand and Supply forces, the various market structures, and the theory of Production and Costs. A special emphasis is placed on entrepreneurship and applying economic theory to the local and regional TST business environment. Through high-quality animated lessons, practical case studies (including local context), interactive data analysis exercises, and GCE-style mock assessments, this course aims to develop strong analytical, quantitative, and problem-solving skills, preparing students for both the GCE exam and future careers in business and trade.

Upon successful completion of this Yakili online course, students will have mastered the fundamental concepts of Economics and developed the practical analytical skills required for the GCE Advanced Level Commercial TST syllabus and beyond.

Knowledge and Understanding

• Scarcity and Choice: $\checkmark$ Define and illustrate the fundamental economic problem (scarcity), demonstrating how it necessitates choice and results in opportunity cost, using the Production Possibility Frontier (PPC).


Getty Images
Explore

• Market Dynamics: $\checkmark$ Accurately explain and graphically represent the laws and determinants of Demand and Supply, and predict the impact of various non-price factors on market equilibrium.

• Elasticity Measures: $\checkmark$ Calculate and interpret the different measures of elasticity (price, income, and cross-elasticity of demand; price elasticity of supply) and evaluate their significance for firm decision-making and government policy.

• Production and Costs: $\checkmark$ Distinguish and analyze the short-run and long-run behavior of production costs (e.g., marginal, average, total) and relate them to a firm's level of output and efficiency.

• Economic Structures: $\checkmark$ Compare and contrast the key features of different market structures (Perfect Competition, Monopoly, etc.) and various economic systems (market, mixed, planned).

Skills and Application

• Analytical Thinking: $\checkmark$ Apply economic models (e.g., demand-supply diagrams, cost curves) to analyze real-world changes in markets and evaluate the resulting outcomes (e.g., price and quantity changes).

• Policy Evaluation: $\checkmark$ Assess the reasons and implications of government intervention (e.g., taxes, subsidies, price controls) on market efficiency and welfare, particularly within the Cameroonian context.

• Entrepreneurial Acumen (TST Focus): $\checkmark$ Identify and evaluate the vital role of the entrepreneur in resource allocation, job creation, and economic growth, demonstrating an understanding of basic business formation and management.

• GCE Exam Readiness: $\checkmark$ Demonstrate proficiency in answering both short-answer and essay-style GCE questions, using appropriate economic terminology, analysis, and diagrams.