Lesson Notes By Weeks and Term - Primary 6

Week 1

Subject: Home Economics

Topic: Buying and Spending

Duration: 40 mins

Reference: Tanus Home Economics for primary school book 6

Objective: At the end of the lesson pupils should be able to:

1. Identify the sources of income
2. Know the principles of needs and wants
3. Explain the meaning of buying and selling

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Content

Buying and selling is acquring goods and services, by paying money in exchange for them.

Sources of income

The sources of income are the channels through which money is obtained. The sources of income of a family are the money earned by the family from doing work on other investment at a particular period.

The individual or family earns money through the following ways:

1. Wages and salaries
2. Dividends from their investments
3. Rents from property owned by the individuals or from��
4. Sales from their farms
5. Gifts

Principles of Needs and Wants

Needs: These are the essential or basic requirement for an adequate standard of living. Our needs are important and must be adequately met, although money may be limited, they must be satisfied. Our various needs are:

1. Food
2. Clothing
3. Shelter
4. Education

Wants: Human wants are numerous, our desires are our want. Our wants may be good and important, but they are not of necessity. We can live or do without them. Examples are car, television, expensive houses, expensive shoes, clothes and bags.

Advantage of Wise Spending and Buying

The means (money) of meeting our demand i.e wants or needs are limited. Money is a scarce resource, and need to be spent wisely. There has to be a scale of preference i.e making a list of our requirements and arranging them according to their level of important:

1. It helps in saving money
2. It saves energy and time
3. It makes us buy important and necessary things useful to us
4. It helps us to select good and nutritious food items or products and other quality goods.

How to spend money wisely

1. Price comparison
2. Listing items for purchase
3. Bulk buying

Presentation:

Step I: Teacher revise previous lesson with pupils

Step II: Teacher introduces and explains new topic to pupils

StepIII: Pupils are allowed to ask questions.

StepIV: Teacher writes note on the board for pupils.

Evaluation:

1. What do you understand by buying and spending?
2. List the sources of family income you know
3. Differentiate between needs and wants.

Conclusion: Teacher moves round for inspection, marking and correction of notes where necessary.

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