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					EXAMPLES OF PLANNING
   AND ASSESSMENT



      LEARNING AREA:
 ECONOMIC AND MANAGEMENT
         SCIENCES

      SENIOR PHASE

        January 2008
CONTENT                                             PAGE NO

Introduction                                            3

   The „WWWWWH‟ of Planning for Assessment Tasks       4

   Planning for Assessment                             5

   Unpacking an Assessment Task                        6

Grade 9                                                 7

   Work schedule                                       7

   Assessment programme                                13

   Lesson plan                                         15

   Assessment task & Assessment Tool                   16


Grade 8                                                 19

   Work schedule                                       19

   Assessment programme                                22

   Lesson plan                                         24

   Assessment task & Assessment Tool                   25


Grade 7                                                 28

   Work schedule                                       28

   Assessment programme                                32

   Lesson plan                                         34

   Assessment task & Assessment Tool                   37

Recording Sheets                                        39

Preparing Senior Phase learners for Grade 10            41
 Accounting checklist                                  41
 Accounting baseline test                              44
 Business Studies baseline test                        49
 Economics baseline test                               57



                                               2
Introduction

Hello teachers. This book is for you! It will help you to harness your wealth of knowledge and experience
for the educational benefit of your learners. It will guide you from your planning to the learners learning.

You have received a number of policy and guideline documents over the past few years. The Learning
Area documents you should have and be using on a regular basis to plan include:
           The (Revised) National Curriculum Statement Grade R – 9 2002
           Teachers Guide for the Development of Learning Programme
           National policy on Assessment and Qualifications for Schools in the GET Band
           Assessment Guidelines for Economic and Management Sciences (Intermediate and
             Senior Phase)
           Learning Programme Exemplars
           Learning Area Resource Material:
                  Basic Accounting
                  My Business – Teacher guide and learner books

The need for the „Examples of planning and Assessment‟ document emerged from monitoring the rollout
of Grade 8 & 9, teacher workshops, school visits and feedback from teachers. Many teachers have
requested examples of lesson plans and assessment tasks and for one document that can be used
comprehensively.

This document follows on from the Learning Programme exemplars and provides a work schedule for
Grades 7, 8 & 9 followed by lesson plans. Within the lesson plans you will find examples of assessment
tasks and assessment tools as well as suggestions for adaptations for learners with barriers.

The lesson plans are designed down from Learning Outcomes, using the assessment standards to
determine the level and breadth of the activities. They emphasise learner-active, inquiry based,
experiential learning. The lesson plans also highlight ways to strengthen literacy and numeracy within the
learning areas.

In this document we have included one lesson plan per Grade as examples to assist you with
implementing the curriculum in the Senior Phase. You should develop and adapt them according to your
learning context and your learners.


Directorate: Curriculum GET
January 2008




Thanks to the teachers and EMS Curriculum Advisers for your contributions to this document.

Jerome Gordon
Senior Curriculum Planner: Economic and Management Sciences



                                                      3
THE WWWWWH OF PLANNING ASSESSMENT TASKS (A.T.s)

                                                                                                 
     To assess if learners have reached the                                                        4 A.T.s per term for Gr 8
      necessary LOs and ASs- knowledge, skills &                                                    3 A.T.s for terms 1-3 + CTA (4th
      values                                                                                         term) for Gr 9
     Must be part of planning at all levels- work                                                  Assessment programme states
      schedule  lesson plan assessment task                                                        WHEN + WHAT tasks will be done
      (A.T.)                                                                                         for a grade in a year
     For recording and reporting purposes                            ASSESSMENT
                                                                      TASKS FOR
                                                                      FORMAL                                  Set questions on different
                                                                      ASSESSMENT                               cognitive levels
                                                                                                             The following weighting of LOs is
              Assessment task = 1 or                                                                          suggested for teaching, learning
               more activities + 1 or more                                                                     and assessment.
               forms of assessment. It                                                                           Senior Phase
               assesses a range of skills &                                                                        LO1 20%
               competencies                                                                                        LO2 15%
              It is recommended that in
                                                           Teacher                                                 LO3 30%
               addition to the other forms of              assesses                                                LO4 35%
               assessment, every term a
                                                           formal A.T.s                                      A.T should be weighted equally
               test must be given on all                                                                       (25%)
               Assessment Standards                                        Teacher‟s portfolio               Assessment tools e.g.
               covered to date                                             must have                        Case studies, tests & exams memo
                                                                           examples of A.Ts,                Projects, investigations  rubric or
                                                                           memos & rubrics                  A.T.  part memo + rubric

                                                                                                            Projects, investigations  rubric or
                                                                                                            A.T.  part memo+ rubric
    Informal + formal assessment activities together must cover all LOs and ASs




                                                                  4
PLANNING FOR FORMAL ASSESSMENT AT THE DIFFERENT LEVELS OF PLANNING


                                      WORK SCHEDULE
                What week the A.T. will be done, content and form of assessment




                                 ASSESSMENT PROGRAMME
   What week the A.T. will be done, content and form of assessment  TO GRADE
                                                                     HEAD




                                      LESSON PLAN
  What day the A.T. will be done, duration of the A.T., content-more detail, form, assessment tool




                                    ASSESSMENT TASK
                            LOs + ASs, duration of A.T., tool + criteria




                                RECORDING AND REPORTING
                               Record sheet, schedule and reports




                                                 5
6
       GRADE 9

                             ECONOMIC AND MANAGEMENT SCIENCES
                                      WORK SCHEDULE
                                          GRADE 9
1st Term   Date        Topic                        Assessement      Assessment
Week No    Completed                                 Standards

                          Overview of outcomes &
   1
                          Assessment Programme
                         o Generating ideas for
                            business opportunities
                         o Business ideas to meet the
                            need for Manufactured or
                            service goods
                         o Distinguish manufacturing,
                            service or tourism
                            enterprises
                         o SWOT analysis
                         o From the best idea develop:
                         o Business Plans
                                Marketing Plan                    Assessment Task 1
                                Market Research                         Activity 1
                                Advertising Plan          9.4.3      Business Plan
                                Management Plan           9.4.4      (Presentation)
                               Financial Plan (Costing,   9.4.7        Market Day
  2 -7                         Income Statement &         9.4.9       (Simulation)
                               Balance Sheet              9.3.1      30 – 50 marks
                         o Forms of ownership (Sole               My Business Gr 8 &
                            proprietor, Partnership,              9 Learner Book and
                            Close Corporation)                         Workbook
                         o Characteristics of different
                            forms of ownership (Grade
                            8)
                         o Advantages and
                            disadvantages
                         o Choosing a suitable form of
                            ownership
                         o Market Day
                                 Resource Material:
                                    My Business
                                    workbooks




                                                 7
     o   Effect of national budget on
         the economy
     o   Rights and responsibilities,
         government collection and
         expenditure                     9.1.5
                                                 Informal Assessment
8    o   Regional and international      9.2.1
         agreements
     o   Economic growth and
         development policy of South
         Africa
     o   Concepts:
     o   Public relations, Social
         responsibility
     o   Environmental responsibility
         of:
     o   Different types of businesses
         and organisations
                                         9.3.2
     o   Steps taken by businesses               Informal Assessment
9
         to ensure good public
         relations
     o   Strategies and actions of
         businesses towards social
         and environmental
         responsibility
     o   Design a questionnaire
     o   Differentiate between the
         forms of credit purchase
     o   Explain and assess the use
         of different means of
         payment in the economy
     o   Advantages of cash                      Assessment Task 1
         purchases                                   Activity 2
     o   Concepts of savings             9.3.6      Term Test1
10   o   Concept of investment           9.2.3     75 - 100 Marks
     o   Concept of economic growth
     o   Concept of prosperity
     o   Relationships of savings and
         economic growth
     o   Effects of savings and
         investments on economic
         growth




                              8
           Date
2nd Term            Topic                                    Assessement
           Comple                                                             Assessment
Week No                                                       Standards
           ted
                       o    Concepts of savings,
                            investment, economic
                            growth, prosperity
                       o    Relationship of savings and
                            economic growth
                       o    Effects of savings and
                            investments on economic
                            growth
                                                                9.2.3
                       o    Concept of productivity,
 11 - 12                                                        9.2.4
                            globalisation, economic
                            growth
                       o    Strategies to improve
                            economic growth
                       o    Productivity and its effects
                            on economic growth and
                            global competition
                       o    Effects on globalisation on
                            SA economy

                       o    Explain the different flows of
                            money, goods & services in
                            SA economy
                       o    Factors of production and
                            remuneration
                       o    Goods and services from
                            businesses
                       o    Role of the foreign sector:         9.1.1      Assessment Task 2
                            Import & Exports                    9.1.2          Activity 1
 13 -15                o    Productivity;                       9.1.3         Presentation
                       o    Foreign markets;                                 30 – 50 Marks
                       o    Discuss how demand and
                            supply influence prices:
                       o    Graphs; (Use graph paper)
                       o    Tables;
                       o    Equilibrium prices;
                       o    Petrol price – causes of
                            changes;
                       o    Impact on the economy




                                                   9
                         o   The concept of RDP
                         o   The reasons for RDP
                         o   The role of RDP in the
                             economy
                                                                         Assessment Task 2
                         o Differentiating shortcomings
                                                                              Activity 2
                             from strengths of RDP              9.2.2
     16                                                                        Project
                         o Introduce current strategies         9.4.10
                                                                           (30 – 50 Marks)
                             e.g. GEAR, ASGISA
                         o Small, medium and micro
                             enterprises play in the
                             process of wealth and job
                             creation
                      Role of trade unions;
                      Reasons for formation;
                         o Regulations and rights;
                         o Rights and responsibilities of
                             workers;
                         o Effect on the economy;
                         o Effect on labour issues;
                         o Role in the transformation;
                         o Researches laws affecting
                             basic conditions of                9.1.4
                             employment; e.g. Identify          9.3.7
   17-18
                             different laws
                         o Basic conditions of
                             employment Act
                         o Occupational health and
                             safety Act
                         o Employment equity Act
                         o Skills development Act
                         o Labour relations Act
                         o Non-discrimination in the
                             workplace
     19               REVISION AND CONSOLIDATION
   20 - 21             SCHOOL ASSESSMENT WEEKS                           Assessment Task 2
                                                                             Activity 3
                                                                            June Exam
                                                                          150 – 200 marks
3rd Term     Date     Topic
                                                            Assessment   Assessment
Week No      Comple
                                                            Standards
             ted




                                                 10
          o  Service/Retail business –
             Sole trader and concepts
          o Cash, Credit, CRJ, CPJ, DJ,
             CJ, Analysis of receipts,
             Bank, Sales, Cost of sales,
             Debtors Control, Creditors
             Control, Source documents,
             Income, Expenses, Assets,
                                              9.3.1   Assessment Task 3
             Liabilities, Owners‟ Equity
                                              9.3.3        Activity 1
          o Accounting Equation
22 – 28                                       9.3.4       Simulation
          o Entering transaction into
                                                        (30 – 50 Marks)
             CRJ and CPJ
          o Entering transactions into DJ
             and CJ
          o Double entry principle
          o Posting to the general ledger
          o Balancing and totaling of
             accounts
          o Drawing up of trial balance
          Format of Income Statement
          and Balance Sheet
          o Concepts:
          o Sales
          o Cost of sales
          o Gross Profit
          o Operating income
          o Operating expenses
          o Net profit
          o Liability
          o Equity – Capital + Net Profit
             – Drawings
          o Fixed (Tangible) Assets
                                              9.3.1
          o Fixed Deposit
29 – 30                                       9.3.3
          o Current Asset
                                              9.3.4   Informal Assessment
          o Inventory
                                              9.3.5
          o Debtors
          o Cash and cash equivalents
          o Drawings
          o Loans
          o Current Liabilities
          o Creditors
          o Bank Overdraft
          o Short term loans
          o Ratio‟s: gross profit %, net
             profit %, Current ration, Acid
             test ratio
          o Return on owners‟ equity
          o Comment and decision -
             making




                                   11
                                                                        Assessment Task 3
                        SEPTEMBER CONTROL TESTS                             Activity 2
   31 - 32
                                                                            Term Test
                                                                             75 -100

4th Term     Date      TOPIC                               Assessment
                                                                           Assessment
Week No      complet                                       Standards
               ed
                         o     Parts of computer
                         o     Switching computer on and
                               off
                         o     Opening a document on Ms
                               word
     33                  o     Use of keyboard
                         o     Home Keys
                         o     Storing of documents
                         o     Retrieving of documents
                         o     Editing of documents

   34 - 36                     CONSOLIDATION
   37 - 40                     CTA Section A & B
                                                                        CTA A & B
                                     Admin
     41




                                                   12
GRADE 9 ASSESSMENT PROGRAMME

                               Assessment Programme for grade 9
TERM     LO‟s & AS‟s                                          Focus                    FORMS OF
                                                                                       ASSESSMEN T
Term 1   Grade 9 LO 4:                                                Activity 1       Presentation &
Assess   Entrepreneurial knowledge and skills                         Business Plan    Simulation
ment     Assessment Standards:                                        Market Day       30 – 50 Marks
Task 1    Generates, through SWOT analysis, possible
             business ideas to meet the need for manufacturing
             goods or services.
          Develops a business plan (including a budget) for a
             manufacturing, service or tourism enterprise based
             on the best business opportunity from the ideas
             generated.
          Engages in the business activity planned and
             discusses the reasons for choosing a particular form     Activity 2       Term Test
             of ownership.                                            Forms of         75 – 100 Marks
          Conducts a marketing campaign to promote a                 credit
             product and discusses the self-selected advertising      Cash vs credit
             media.                                                   Savings &
         Grade 9 LO 3:                                                investments
         Managerial, consumer and financial knowledge and skills      Savings &
          Completes a basic income statement and balance             economic
             sheet for a service and retail business.                 growth
         Grade 9 – LO 3:
         Managerial, consumer and financial knowledge and skills
         Differentiates between the forms of credit purchases (e.g.
         open accounts, installment sales, credit card), and
         explains and assesses:
            the use of different means of payment in the
             economy (e.g. cash, cheques, postal orders, credit
             cards, debit cards, smart cards, travelers cheques);
            The advantages of cash purchases.
         Grade 9 – LO 2:
         Sustainable growth and development
            Explains the role of savings and investments in
             economic prosperity and growth




                                                  13
TERM     LO‟s & AS‟s                                                Focus            FORMS OF
                                                                                     ASSESSMEN T
Term 2   Grade 9 – LO 1:                                            Activity 1       Presentation
Assess   Economic cycle                                             Economic         30 – 50 Marks
ment      Explains the different flows of money, factors of        circular flow:
Task 2      production, goods and services in the economic cycle    Flow of
            within the South African economy                        money and
          Discuss the role of the foreign sector in the economic   goods and
            cycle                                                   services
          Illustrates by means of a graph and discusses how        Draws
            demand and supply influence prices                      demand and
         Grade 9- LO 2                                              supply graph
         Sustainable growth and development                         from data
          Investigates and debates the successes and               sheet.
            shortcomings of the RDP                                 Discuss the
         Grade 9 – LO 4                                             graph
         Entrepreneurial knowledge and skills                       Activity 2       Project
          Researches the role of small, medium and micro           Economic         30 – 50 Marks
            enterprises in wealth and job creation processes        redress and
                                                                    sustainable
                                                                    development
                                                                    and growth
                                                                    initiatives
                                                                    SMME‟ s
                                                                    Activity 3       Term Test
                                                                                     150 – 200
                                                                                     Marks
Term 3   Grade 9 – LO 3:                                            Activity 1       Simulation
Assess   Managerial, consumer and financial knowledge and skills    Record           exercises
ment      Completes a basic income statement and balance           transactions     30 – 50 Marks
Task 3       sheet for a service and retail business                in journal and
          Completes cash and credit transactions in the books      do posting.
             of service and retail business:                        Draw up trial
          Uses a cash receipts and payment                         balances
             journal/debtors/creditors journal                      Draw up
          Post journals to general ledger                          income
          Draws up trial balance                                   statement and
          Uses keyboard skills and function keys in developing,    balance
             storing, retrieving and editing business               sheet.
             documentation.                                         Activity 2       Term Test
          Analysis financial statements for decision-making at a                    75 – 100 Marks
             basic level.
Term 4   Based on specific theme                                    CTA              Performance-
CTA      Includes a range of LO‟s and AS‟s                                           based tasks
                                                                                     Pen-and-
                                                                                     Paper task




                                                14
GRADE 9 LESSON PLAN

ECONOMIC AND MANAGEMENT SCIENCES

LESSON PLAN

GRADE 9

ENTREPRENEURSHIP

DURATION: 6 WEEKS

LO‟S & AS‟S: 9.4.3; 94.4; 9.4.7; 9.4.9; 93.1; 9.3.5


INTEGRATION WITH: MATHEMATICS/LANGUAGES/TECHNOLOGY/ARTS AND CULTURE

INTERGRATION WITH LO 3

CONTEXT: Entrepreneurial Knowledge and Skills – Financial Knowledge and Skills – Forms of
ownership – Marketing

PREVIOUS KNOWLEDGE: Banking: Starting ideas to attract tourist – Forms of ownership, formal and
informal sector – Viability, start-up cost, production cost, sales and profit

RESOURCES: My Business Steps to financial freedom (Teacher guide; Learner guide & learner
workbook - 1 set of Books supplied to all public schools in the Western Cape.

TEACHERS ACTIONS

Set-up project with clear instructions for a manufacturing, service or tourism enterprise:

Teachers should follow the step by step guide to facilitate the teaching and learning of entrepreneurship
in the “My Business Steps to financial freedom” teacher guide. My Business Steps to financial freedom
guides the learners step by step through Idea generation, SWOT analysis, Business plan (Market plan &
Financial plan), engagement in a business event (Market Day), Recording and evaluation.

LEARNER ACTIONS

Learners should use the “My Business Steps to financial freedom” Learner‟s book to guide them through
the project. Learners should complete the step by step activities in the “ My Business Steps to financial
freedom “ Learner‟s Workbook.




                                                      15
    GRADE 9 ASSESSMENT TASK




                    ECONOMIC AND MANAGEMENT SCIENCES
                               ASSESSMENT TASK 1
                  ACTIVITY 1 - BUSINESS PLAN & MARKET DAY
JANUARY – FEBRUARY                                                         GRADE 9
MARKS: 60
FORM OF ASSESSMENT: PRESENTATION & SIMULATION
LO‟S & AS‟S:
                          9.4.3: Generates, through SWOT analysis
                          9.4.4: Develops a business plan
                          9.4.7: Engages in the business activity – Discuss reasons
                                 for choosing a particular form of ownership
                          9.4.9: Conducts a marketing campaign
                          9.3.1: Complete a basic income statement and balance
                                 sheet for a service and retail business
                          9.3.5: Analyses financial statements for decision-making at a
                                 basic level
ASSESSMENT TOOL:          Rubrics

INSTRUCTIONS:
Use you‟re MY BUSINESS Learner‟s book and Workbook to complete this activity.
Complete all the activities in the learner‟s workbook.
Your learner‟ workbook will serve as your Portfolio of evidence.
Portfolio evidence must be submitted on the first Monday in March 2008.
Group should not be more than 4 learners.
Each learners must hand in a portfolio of evidence




                                                   16
EMS: Business Plan
Outcome: LO4
Activity: 1
Name of Learner:                                                                                     Date of Assessment:
Type of Assessment:                                                                                  Assessor:
      Assessment Criteria                  Level 1                           Level 2                             Level 3                               Level 4               Learner's Level
                                                                                                        Able to identify business            Identifies viable business
    Identifying business                                          Attempts to identify obvious
                                Unable to identify any viable                                          opportunities that is simply         opportunities that correlate
 opportunities through needs                                     business opportunities but with
                                  business opportunities.                                             correlated with the needs and         closely with the needs and
         and wants                                                      limited success.
                                                                                                                  wants.                               wants.
                                                                     Attempts to generate a                                                   Can generate insightful,
                                Unable to even identify viable                                       Generates simple but practical
  Generating business ideas                                           business idea but is                                                   comprehensive and viable
                                      business ideas.                                                      business ideas.
                                                                         unsuccessful.                                                            business ideas.
                                                                                                         A simple, suitable and            A well-thought-out and most
 Choosing most viable form of   A senseless choice has been      A poor and inappropriate choice
                                                                                                       convenient choice has been          appropriate choice has been
         ownership                        made.                         has been made.
                                                                                                                 made.                                  made.
                                 Shows a complete lack of        Attempts a SWOT analysis but                                               Produces a comprehensive
                                                                                                      Produces a basic analysis for
 Producing a SWOT analysis       understanding of a SWOT          errors and/or misconceptions                                              analysis in both simple and
                                                                                                             simple cases.
                                         analysis.                         are evident.                                                           complex cases.
                                                                                                                                            Produces excellent market
                                                                   Attempts to produce market           Produces suitable market
                                  Shows a complete lack of                                                                                  research, based on a well-
                                                                       research based on               research based on a simple
  Producing market research      understanding of the role of                                                                               constructed questionnaire;
                                                                  questionnaire, but with limited    questionnaire but response may
                                     market research.                                                                                       results in a trustworthy and
                                                                            success.                        lack some detail.
                                                                                                                                               complete conclusion.
                                                                    An attempt to produce a            Produces a good marketing               Produces an excellent
                                  Shows a complete lack of
                                                                   marketing plan but this is not     plan that generally covers the       marketing plan covering the
  Producing a marketing plan    understanding of the role of a
                                                                  based on marketing principles      principles of marketing but lacks   principles of marketing; displays
                                      marketing plan.
                                                                           or research.              somewhat in terms of research.      evidence of thorough research.
                                                                                                                                                Shows evidence of
    Understanding different                                         Limited understanding is         Basic but correct understanding
                                No understanding is evident.                                                                              comprehensive understanding
    management functions                                         evident; some misconceptions.                  is evident.
                                                                                                                                                     and insight.
                                                                         Attempts to identify
                                                                                                                                              Identifies the different
     Identifying different        Unable to identify any            management functions but         Can identify basic management
                                                                                                                                           management functions in an
    management functions        management functions at all.       errors and/or misconceptions        functions in a simple way.
                                                                                                                                         insightful and proficient manner.
                                                                             are evident.
                                                                  Attempts to produce a financial
                                                                                                        Produces a simple financial      Produces an excellent financial
                                                                        plan with figures and
                                Displays a complete lack of                                           plan with accurate figures and     plan with accurate figures and
                                                                    calculations but success is
  Producing a financial plan    understanding of a financial                                           calculations that is based on         calculations, based on
                                                                 limited due to a lack of research
                                           plan.                                                       research and basic business       extensive research and sound
                                                                 and due to plan not being based
                                                                                                                 principles.                  business principles.
                                                                       on business principles.
                                                                      Attempts to evaluate but
 Evaluating existing business    An incomplete or incorrect                                          A basic evaluation is made in a     A comprehensive evaluation is
                                                                   misconceptions and/or errors
          ventures                  evaluation is made.                                                      simple manner.              made in an insightful manner.
                                                                             are evident.

Comments: ___________________________________________________________________________________________________________________________




                                                                                            17
RUBRIC TO ASSESS THE ENTIRE MARKETDAY SIMULATION ACTIVITY
Assessment Criteria Level 1              Level 2              Level 3                                      Level 4                   Learner‟s Level
Choice of product   Product choice does  With some guidance   Most criteria of                             Meets or exceeds all
                    not meet the         the product meets    product                                      the criteria Product
                    recommended criteria some of the          choice/selection met                         choice includes
                                         recommended criteria                                              -recommendation from
                                                                                                           research
                                                                                                           -recommended price
                                                                                                           -affordability
                                                                                                           -quality
                                                                                                           -marketability
The product itself      No or little attention to   Some attention paid           Adequate attention       Close attention paid to
                        -appearance                 to                            paid to                  -appearance
                        -quality                    -appearance                   -appearance              -quality
                        -price of products          -quality                      -quality                 -price of product
                                                    -price of products            -price of products
Interaction with        No or little attention      Attracts some                 Attracts attention and   Convinces customers
customers               or persuasion evident       attention, but does           provokes desire to       to buy. Effective
                        in promotion                not provoke desire to         buy to some extent       marketing strategies
                        strategies                  buy                                                    employed
Planning of the stall   No or little attention      Some little attention         A fair amount of         Considerable amount
                        paid to                     paid to                       attention paid to        of attention paid to
                        -layout                     -layout                       -layout                  -layout
                        -appearance                 -appearance                   -appearance              -appearance
                        -suitability                -suitability                  -suitability             -suitability
                        -security                   -security                     -security                -security
Group organisation      Group roles and skills      Group roles and skills        Group roles and skills   Group roles and skills
                        not clearly defined         defined but not               used to large extent     defined, understood
                        and/or adhered to           completely used                                        and used effectively in
                                                                                                           the entrepreneurial
                                                                                                           activity




                                                                             18
GRADE 8


                             ECONOMIC AND MANAGEMENT SCIENCES
                                      WORK SCHEDULE
                                          GRADE 8
 1ST     Date        TOPIC
TERM     Completed                                                 Assessment
                                                                                  Assessment
Week                                                               standards
 No
                        Overview of outcomes &
  1
                         Assessment Programme
                          Historical development of
                                                                      8.1.1     Informal
2–3                         money, role in society, impact on
                                                                                assessment
                            economies
                          Inflation: Definition & Reasons            8.1.5
                            for changes in inflation rates
                          Discusses how trade (import &
 4 –5                                                                 8.1.2
                            exports) addresses the                              Informal
                            economic problem (choice and                        Assessment
                            opportunity cost)
                          Role of banks in investing in the
                            economy.
                          Investigates & describes how               8.2.1     Assessment Task
  6
                            the national budget is used to                             1:
                            influence growth and redress                           Activity 1
                            economic inequalities                                Source Based
                                                                                    Activity
                                                                                 30 – 50 marks
                            Investigate how RDP could have
                             been used to stimulate
                             economic growth and
                                                                      8.2.2
                             restructuring (e.g. capacity                       Assessment Task
                             building, jobs)                                           1:
7–9                         Investigate the use of                                Activity 2
                             technology to improve                               Written report
                             productivity, economic growth                       30 – 50 marks
                                                                      8.2.4
                             and living standards e.g.
                             internet/ satellite/
                             computers/innovations
                            Consolidation                                      Assessment Task
                                                                                       1:
 10                                                                                Activity 3
                                                                                   Term Test
                                                                                   50 marks
 2ND     Date        TOPIC
TERM     Completed                                                 Assessment
                                                                                  Assessment
Week                                                                standards
 No
                            Identify financial institutions and
11 –12                                                                8.4.2
                             organisations promoting
                                                                                 Group discussion
                             entrepreneurship
                            Discusses different ideas for
                                                                      8.4.3
                             starting a business (ideas to
                             attract tourist, franchising)



                                                      19
                            Forms of ownership:
13- 15                                                                         Assessment Task
                             Characteristics of:
                                                                      8.4.7           2:
                              Sole proprietor, Partnerships,                     Activity 1
                             Close Corporation, Private &
                                                                                    Test
                             Public Companies
                            Differentiate between financial
                             concepts use in a business:                           Informal
                            Assets:                                             assessment
                            Non-Current: Land & Building,            8.3.1
16 –17                       Equipment, Vehicles
                            Current: Trading stock, Debtors,
                             Bank, Petty Cash, Cash float
                             Owners Equity: Capital/
                             Drawings/ Income & Expenses
                            Liabilities:
                            Non – Current – Loans
                            Current – Creditors/Bank
                             overdraft
 18                         Evaluates financial viability of a       8.4.8    Assessment Task
                             business (e.g. start up cost,                             2
                             production cost, sales, profit)                       Activity 2
                                                                                  Simulation
                     CONSOLIDATION AND EXAM                                    Assessment Task
19 –21
                                                                                       2
                                                                                   Activity 3
                                                                                  June exam
                                                                                100 – 120 mark
3RD      Date        Topic
TERM     Completed                                                Assessment     Assessment
Week                                                               Standards
No
                         Engages in business activities
                          that involves purchasing,
 22 –                     production and marketing                    8.4.6
  27
                        Financing of business: own or
                          borrowed capital e.g. Bank
                          overdraft
                        Complete source documents                    8.3.3
                          e.g. receipts, deposit slips,
                          cheques
                        Records elementary cash
                          transactions in statement of
                          receipts and payments                       8.3.4
                        Intro to computers, keyboard
                          skills and function keys                8.3.2
                        Develop leadership and
                          management strategies
 28 –                   Concept Statement of net worth
                                                                      8.3.5       Informal
  30                    Capital + Net Profit – Drawings
                                                                                 assessment
                        Analysis statement of net worth
 31 –                SEPTEMBER CONTROL TEST                                    Assessment Task
  32                                                                                   3
                                                                                   Activity 1
                                                                                   Term Test
                                                                                75 – 100 marks



                                                     20
 4TH     Date        TOPIC
TERM     Completed                                                Assessmen
                                                                                  Assessment
Week                                                              t standards
 No
                            Importance of savings for
                             investments                                        Assessment Task
                            Methods of savings and                  8.2.3      4
33- 34
                             investments e.g. savings account,                  Activity 1
                             fixed deposits, shares, unit trust      8.3.6      Source Base
                            Calculate return on investments:                   activity
                             Simple & Compound interest
                            Explain how economic systems                       Informal
                             address the economic problem:           8.1.3      Assessment
 35                          Characteristics of:
                            Planned economy Definitions
                            Market economy
                            Mixed economy
 36                         Trade Unions                            8.1.4           Informal
                            Role                                                  assessment
                            Rights & Responsibilities
                            Careers                                            Assessment Task
 37                                                                  8.3.7
                            Levels, categories, remuneration                           4
                             & responsibilities of jobs                             Activity 2
                                                                                  Presentation
                                                                                  30 – 50 marks
                            CONSOLIDATION & EXAMS &                            Assessment Task
                             ADMIN                                                      4
38 –
                                                                                    Activity 3
 41
                                                                                    Nov exam
                                                                                 100 – 120 marks




                                                    21
GRADE 8 ASSESSMENT PROGRAMME



Assessment Programme for grade 8
 TERM LO’s & AS’s                                                   FOCUS             FORMS OF
                                                                                      ASSESSMEN T
Term    Grade 8 LO 2                                                Activity 1        Data response
1                                                                   National          30 – 50 Marks
Asses   Sustainable growth and development                          Budget
sment   Assessment Standards:
Task
1          Investigates & describes how the national budget is
            used to influence growth and redress economic
            inequalities
               Investigate how RDP could have been used to         Activity 2        Written report
                stimulate economic growth and restructuring         RDP               30 – 50 Marks
                (e.g. capacity building, jobs)                      Economic
             Investigate the use of technology to improve          growth
                productivity, economic growth and living            Standard of
                standards e.g. internet/ satellite/                 living
                computers/innovations                               Technology
        All Learning Outcome and Assessment Standards               Activity 3        Term Test
        covered during the term                                     All work done     50 Marks
                                                                    in Term 1
Term    Grade 8: LO 4                                               Activity 1
2       Entrepreneurial knowledge and skills                        Forms of          Test
Asses       Forms of ownership: Characteristics of:                ownership         30 – 50 Marks
sment          Sole proprietor, Partnerships, Close                 Characteristic
Task          Corporation, Private &                                s of Sole
2               Public Companies                                    proprietor
                                                                    Partnership
                                                                    Close
                                                                    Corporation
                                                                    Private &
                                                                    Public
                                                                    companies
               Evaluates financial viability of a business (e.g.       Activity 2
                start up cost, production cost, sales, profit)      Financial          Simulation
                                                                    viability of a    30 – 50 Marks
                                                                    business
                                                                      Start-up-cost
                                                                       Production
                                                                           cost
                                                                          Sales
                                                                          Profit
            All Learning Outcome and Assessment Standards               Activity 3
            covered during the term                                  All work done      June exam
                                                                        in Term 2        100 – 120
                                                                                          Marks




                                                       22
TERM    LO’s & AS’s                                               FOCUS             FORMS OF
                                                                                    ASSESSMEN T
Term       Engages in business activities that involves          Activity 1         Assessment
3           purchasing, production and marketing                  Business              Task 3
Asses      Financing of business: own or borrowed capital e.g.   venture/activit      Activity 1
sment       Bank overdraft                                        y                    Term Test
Task       Complete source documents e.g. receipts, deposit      Accounting:       75 – 100 marks
3           slips, cheques                                        Source
           Records elementary cash transactions in statement     documents
            of receipts and payments                              Journals
           Intro to computers, keyboard skills and function      Leadership
            keys                                                  and
           Develop leadership and management strategies          management
             Concept Statement of net worth                      strategies
                                                                  Statement of
             Capital + Net Profit – Drawings
                                                                  net worth
             Analysis statement of net worth
                                                                  Analysis of net
                                                                  worth
Term           Importance of savings for investments                 Activity 1
4              Methods of savings and investments e.g.                 Savings     Source Base
Asses           savings account, fixed deposits, shares, unit       Methods of      activity
sment           trust                                               savings and     30 – 50 Marks
Task           Calculate return on investments: Simple &           investment
4               Compound interest                                  Calculation of
                                                                       interest:
                                                                      Simple &
                                                                     compound
               Careers                                               Activity 2
               Levels, categories, remuneration &                   Careers &      Presentation
                responsibilities of jobs                           remuneration     30 – 50 marks
            All Learning Outcome and Assessment Standards             Activity 3
            covered during the term                                All work done      Nov exam
                                                                      in Term 4       100 – 120
                                                                                       Marks




                                                     23
GRADE 8 LESSON PLAN

LEARNING AREA:                                   ECONOMIC AND MANAGEMENT SCIENCES                                       GRADE: 8

TOPIC: National Budget

DURATION: 120 minutes /(1 week)                                                    WEEK / DATE:
CO's and DO’s:
1,2,3,4,5,6,7 & 1,2,3,4,5
LO’s and AS’s:                                                         INTEGRATION WITH OTHER
LO 2: Sustainable Growth and Development
8.2.1 Investigate and describe how the national budget is used         SUBJECTS: Mathematics, Languages, Social Sciences
to influence growth and redress the economy in inequalities
INTEGRATION WITHIN SUBJECT


CONTEXT: Economy growth and development
EXTENDED ACTIVITY
Case study on the latest budget
PREVIOUS KNOWLEDGE
Budget for market day in grade 7
Teacher’s Actions         Learner’s Activities   Resources       Assessment        Skills         Knowledge      Values
                                                                                                                                  Time

Explain importance of    Taking notes            Textbook        Assessment        Discuss        Budget         Rights and       120 min
budget, growth and                                               Task 1            Identify                      responsibiliti
economic inequalities    Answering questions Newspapers                            Analyse        Economic       es
                                                                 Activity 1                       inequalities
Develop a source         Compiling a             Television                        Describe                      Ubuntu
based activity           personal budget                         Source Based
                                                 Budget          activity for 30   Research
                                                 speech          marks


Reflection by teacher




                                                                  24
   GRADE 8 ASSESSMENT TASK

                     ECONOMIC AND MANAGEMENT SCIENCES
                                 ASSESSMENT TASK 1
                             ACTIVITY 1 - National Budget
FEBRUARY                                                                        GRADE 8
MARKS: 30
FORM OF ASSESSMENT: Data Response Questions
LO & AS:                  8.2.1: Investigates and describes how the national budget is
                                   use to influence growth and redress economic
                                   inequalities
ASSESSMENT TOOL:            Memorandum

   Read the articles below on the national budget of 2007 and answer the following questions.

   Shared Growth                                                  What is the National Budget?
                                                                  In February of each year, the Minister of
   The South African economy grew by 5 percent
   last year and is expected to expand strongly                   Finance announces government’s
   over the next three years. More jobs have been                 spending, tax and borrowing plans for the
   created and government has more money to                       next three years. This is called the
   spend on services such as education, health,                   national budget. It describes how
   policing and public transport.                                 government will raise money and how it
   The challenge for our country is to make sure that             will be spent. The national budget
   we grow even faster, to create more jobs and reduce            divides money between national
   the level of poverty. The 2007 Budget contributes              departments, provinces and
   towards faster growth and shared benefits for everyone.        municipalities.
   Some of government’s programmes provide immediate
   benefits, while others benefit all of us, and our children in the long term. Spending for the future is
   called investment. Government is investing in public transport, clinics, and hospitals, electricity,
   housing, water and schools to ensure that our economy
   continues to grow and that everyone has access to these services. We are also changing the way in
   which we do things to ensure that we build a secure country and improve the standard of living for
   all, for the long term.

   A growing economy helps improve the lives of more people through:
        More jobs – over one million jobs have been created since 2004.
        Housing, water, sanitation and electrification programmes reach more people with township
          development a priority of government
        Better public transport systems help to take people to and from places of work or to look for
          work
        Additional spending on education, health and welfare services allows more people to get
          better quality services.
        Better access to social grants, more deserving people can benefit.
        More police, better courts and more prison spaces to make our communities safer.




                                                      25
                                                             Budget Highlights
     The 2007 Budget supports economic growth and            The main changes to the budget for the next three years
     ensures that all share in the fruits of our economy     are:
     so that we reduce unemployment and poverty.
                                                             Spending changes
                                                              R8,1 billion extra for teacher salaries, teaching
           Government expenditure                                assistants, support staff in schools and districts.
                                                              R7,2 billion extra for health to cover HIV and Aids,
           Other                                                 additional pay for health workers and for improving
          R75.8b               Transport     R46.7bn             hospitals.
                               communication
                               and                            R17,4 billion for the 2010 FIFA World Cup
          n                                                   R7,8 billion for public transport, water, and other
   Debt
                                                                 municipal infrastructure
 R56.1b
                                                              R2,7 billion for housing
 n                                                            R2,4 billion for additional police
                                          Welfare             R1,5 billion to improve the work of the courts
Health                                    R89.4b             Tax proposals
R62.7b                                    n                   The tax on retirement funds will be abolished,
n                                                                helping to boost retirement savings
                                             Protection       The secondary tax on companies will be reformed
 Housing                                     services            and the rate lowered from 12,5 % to 10% to help
                                                                 support economic growth
 and
Community
                                               R88.2b         People younger than 65 years earning below R43
 Development                                                     000 will not pay any income tax
                   Education      Water        n
                                                              Personal income tax will be reduced by R8,4 billion
R45.3b              R105.5        and
                                 Agriculture                  Taxes on a litre of petrol or diesel will rise by 10
n                   bn             R30.4b                        cents from 4 April 2007
                                   n                          A can of beer will cost 5 cents more
                                                              A packet of 20 cigarettes will cost 60 cents more
                                                              A 750 ml bottle of liquor (spirits) will cost R1,88
     QUESTIONS:                                                  more



     1. Define the national budget?                                                                             (2)

     2. Who is the minister of finance?
     (1)

     3. Comment on the effect that the growth in the economy had
        on the lives of South Africans? Name four (4) factors.                                          (4 x 2 =
     8)

     4. Refer to the pie chart and answer the following:
     4.1 On what did the government spent most of the budget?                                          (2)
     4.2 On what did the government spent the least in the 2007 budget?                                         (2)

     5. Which event in “2010” create changes to the budget and what is the amount
        budgeted for this event?                                                                       (2 x 2 = 4)

     6. What are the two main sources of revenue (income) of the government?                                    (2)

     7. Give two reasons why the price of cigarettes and liquor are increasing every
        year.                                                                                          (2 x 2 = 4)

     8. Calculate the total expenditure of the 2007 budget. Show calculations.                         (5)




                                                        26
                            ASSESSMENT TASK 1: Data Response

Memorandum

1. It is a plan that describes how the government will raise and spent money. √√

2. Trevor Manual √

3
        More jobs
        Housing, water sanitation and electricity
        Better public transport systems
        Additional spending on education, health and welfare services
        Better access to social grants
        More police, better courts and more prison spaces           (any four) √√√√√√√√

4.1 Education             √√
4.2 Water and agriculture √√

5.   FIFA Soccer world cup √√
     R17,4 Billion         √√

6. Income Tax     √√
   VAT            √√

7. It is health ris ks
   To discourage people to use the substance            √√√√
   To cut cost in the health services                 (any two/ any suitable answer)

8. R46, 7bn + 89,4bn + 30, 4bn + 105,5bn + 45,3bn + 62,7bn + 56,1bn + 75,8bn =
   R600,1 bn        √√√√√




                                                 27
GRADE 7
                        ECONOMIC AND MANAGEMENT SCIENCES
                                 WORK SCHEDULE
                                    GRADE 7
1st        Date        Topic
Term       completed                                 Assessmen
                                                                 Assessment
Week                                                 t Standards
No
                                                                                      Test
                       Baseline Assessment                                          Informal
     1
                                                                                   Assessment
                          o    Explains needs and wants and
                               how the differences between them
                                                                        7.1.1
     2                         impact on communities and the
                               environment.
                          o    Explains the concepts „free‟ and
                               „economic‟ (scarce) goods, and
                               the influence of demand and                         Assessment
                               supply on market prices.                 7.1.3        Task 1:
    3- 5
                          o    Describes the different types of         7.1.2        Collage
                               businesses and activities within                     30 marks
                               the primary, secondary and
                               tertiary sectors.
                          o    Discusses the meaning of
6                                                                       7.2.4
                               productivity
                          o    Describes and debates the power
                               relationships, economic rights and
                               responsibilities between:
    7-8                                                              7.1.3 7.1.4
                          o    Consumer and producer
                          o    Employer and employee
                          o    Government and business
                                                                                    Assessment
                          o    Consolidation                                          Task 1:
     9                                                                                  Test
                                                                                   30 – 50 marks
2nd
Term                   TOPIC                                         Assessmen
                                                                                   Assessment
Week                                                                 t Standards
No
                          o    Explains the role of planning,
                               organizing, leading and controlling
10-11                                                                   7.3.1
                               ( e.g. financial and procedural
                               controls) in a business
                                                                                   Assessment
                          o    Discusses the different
                                                                                     Task 2:
12-13                          approaches to leadership and             7.3.2
                                                                                   Case Study
                               management
                                                                                    20 marks




                                               28
                      o     Describes the importance of
14-15                       administration in managing a              7.3.3
                            business (record keeping, storing
                            documentation)

                      o     Discusses the use of technology                      Assessment
                            in telecommunication services                        Task 2:
                            (e.g. cell phones) and financial                     Written and
                                                                      7.3.4
 16                         transactions (e.g. ATM, Internet)                    Oral
                            in improving administration,                         Presentation
                            communication and access to                          40 marks
                            information

 17                   o     Explains the different processes of       7.3.7
                            human resource management
                                                                                    Informal
 18                               Consolidation                                  Assessment
                                                                                 Assessment
                       School Admin: exams; reports;                                 Task 2:
                                schedules                                           Test -50
19-20
                                                                                     marks
                                                                                 All work done
                                                                                   in Term 2
3rd
Term    Date        TOPIC                                          Assessmen
                                                                                 Assessment
Week    completed                                                  t Standards
No

                      o     Compares essential
                            characteristics and skills needed
                            to be entrepreneurial from two
                            different simple case studies of
                            practicing entrepreneurs in own           7.4.1
21-23
                            community                                 7.4.3
                      o     Uses idea generation techniques
                            to make recommendations on
                            using community resources to
                            generate income in a responsible
                            way.
                      o     Participates in a joint venture
                            between a school and the
                            community/parents by taking
                                                                                 Assessment
                            ownership of producing a product          7.4.5
24-26                                                                              Task 3:
                            or service.                               7.4.9
                                                                                   Poster
                      o     Designs posters or other materials
                            to advertise own business venture
                      o     Runs a business event using one
                                                                                 Assessment
 27                         or two of the ideas or opportunities
                                                                      7.4.6        Task 3:
                            identified in a questionnaire that
                                                                                 Simulation
                            had been designed.




                                            29
        o   Draws up an elementary
28-29       statement of net worth using   7.3.5
            personal records.
        o   Consolidation                          Assessment
                                                     Task 3:
 30
                                                      Test
        School Admin: exams; reports;
 31
                 schedules




                           30
4th
Term                TOPIC                                     Assessment
        Date                                                               Assessment
Week                                                           Standards
        completed
No
                                                                            Assessment
                                                                               Task 4:
                      o     Collects information on the          7.2.1
                                                                              Research
                            influence of apartheid economic
                                                                           Assignment:
                            policies on ownership, poverty,      7.2.2
                                                                             Interview,
32-35                       wealth and quality.
                                                                               present
                      o     Identifies steps required to         7.2.4
                                                                           findings in the
                            redress socio-economic
                                                                              form of a
                            imbalances and poverty.
                                                                                table,
                      o     Discusses the meaning of
                                                                           30 – 50 marks
                            productivity

                      o  Compares and discusses the              7.2.3
 36
                         difference between savings and
                         investments
                      o Compares and discusses the
                         difference between savings and          7.2.3
 37
                         investments
 38                   o Consolidation
                      Consolidation & Exams                                 Assessment
                                                                              Task 4:
 39                                                                           Exam
                                                                             50 – 100
                                                                              marks
 40                  School Admin: exams; reports; sc




                                           31
GRADE 7 ASSESSMENT PROGRAMME


Assessment Programme for grade 8
TERM   LO’s & AS’s                                         Focus              FORMS OF
                                                                              ASSESSMEN T
Term 1   Grade 7 LO 1                                        Activity 1          Collage
Assess                                                         Free &           30 Marks
ment     Economic Cycle                                      Economic
Task 1   Assessment Standards:                                 goods
                                                            Demand and
          Explains the concepts „free‟ and
                                                               supply
            „economic‟ (scarce) goods, and the
                                                              Type of
            influence of demand and supply on market
                                                            businesses:
            prices.
                                                              Primary
          Describes the different types of                  Secondary
            businesses and activities within the              Tertiary
            primary, secondary and tertiary sectors.
         All Learning Outcome and Assessment                   Activity 3      Term Test
         Standards covered during the term                 All work done in   30 - 50 Marks
                                                                Term 1
Term 2   Grade 7: LO 3                                         Activity 1
Assess   Managerial, consumer and financial                 Approaches to      Case Study
ment     knowledge and skills                              leadership and       20 Marks
Task 2   Assessment Standards                                management
          Discusses the different approaches to
            leadership and management
                                                               Activity 2
            Discusses the use of technology in              Technology in    Written and
             telecommunication services (e.g. cell         telecommunicati        Oral
             phones) and financial transactions (e.g.              on         Presentation
             ATM, Internet) in improving administration,       Electronic       40 marks
             communication and access to information        administration,
                                                            communication
                                                             & information
             All Learning Outcome and Assessment               Activity 3
             Standards covered during the term             All work done in    Term Test
                                                                 Term 2        50 marks

Term 3   Grade 7 LO 4                                         Activity 1
Assess   Entrepreneurial knowledge and skills               Joint business       Poster
ment     Assessment Standards:                             venture between      30 Marks
Task 3    Participates in a joint venture between a         school and
            school and the community/parents by              community
            taking ownership of producing a product        Design poster to
            or service.                                        advertise
                                                               business
            Designs posters or other materials to
             advertise own business venture




                                                32
TERM     LO’s & AS’s                                      Focus              FORMS OF
                                                                             ASSESSMEN T
            Runs a business event using one or two of        Activity 2       Simulation
             the ideas or opportunities identified in a   Business event      30 – 40 Marks
             questionnaire that had been designed.         identified from
                                                            questionnaire
         All Learning Outcome and Assessment                  Activity 3      Term Test
         Standards covered during the term                All work done in   30 - 50 Marks
                                                                Term 3
Term 4   Grade 7 LO 2                                         Activity 1        Research
Assess   Sustainable growth and development                  Influence of     Assignment:
ment     Assessment Standards                                 apartheid         Interview,
Task 4    Collects information on the influence of           economic           present
             apartheid economic policies on ownership,         policies      findings in the
             poverty, wealth and quality.                 Redress socio-     form of a table,
          Identifies steps required to redress socio-        economic        30 – 50 marks
             economic imbalances and poverty.                imbalances
          Discusses the meaning of productivity             Productivity
         All Learning Outcome and Assessment                  Activity 2
         Standards covered during the term                All work done in        Exam
                                                                Term 4       50 – 100 marks




                                               33
GRADE 7 LESSON PLAN




LEARNING AREA:                                                              EMS                                       GRADE: 7

TOPIC: The Economic Cycle

DURATION: 4 Weeks                                            WEEK / DATE: 21 January – 29 February 2008
CO's and DO’s:
1,2,3,4,5,6,7; 2,3
 LO’s and AS’s:                                                 INTEGRATION WITH OTHER SUBJECTS:
7.1.1, 7.1.2, 7.1.3, 7.2.4                                      Maths LO5: Collect, summarise, display and critically analyse
                                                                data
INTEGRASIE MET VAK/INTEGRATION WITHIN                           Arts & Culture LO4: Analyse and use multiple forms of
SUBJECT                                                         communication and expression.
The Economic Cycle and Productivity                             Language LO4: Use language for thinking and reasoning.

CONTEXT:
Needs and wants, concepts of „free‟ and „scarce‟ goods, demand and supply, different types of businesses, the three sectors of
business and productivity
EXTENDED ACTIVITY

PREVIOUS KNOWLEDGE
The world of business and the role of different businesses in satisfying the needs and wants of its customers.
Teacher’s Actions      Learner’s Activities Resources           Assessment                    K
                                                                                   S                           V            Time

 Explains the               Test / Worksheet   Worksheet      Baseline                      Roles of         Integrity     1 lessons
 concepts                                                      Assessment                    households,
                                                               Test                          businesses       Accountabil
                                                                                             and              ity
                                                                                             government in
                                                                                             the economic     Honesty

                                                                34
                                                                                                 cycle
 Explains the      Group work                   Worksheet                           Collectin
  concepts of needs answering questions                                              g           Needs and
  and wants; how    given by teacher             Textbook                            informati                                  2 lessons
                                                                                                 wants
  they impact on                                                                     on
  communities and
  environments                                                                       Reporting
                                                                                     back to
                                                                                     the class
Teacher’s Actions        Learner’s Activities    Resources    Assessment             S           K                V             Time

 Explains the „free‟ Learner‟s work in          Textbook     Complete               Compare     „Free‟ goods     Responsibl    1 week
  and „economic‟      pairs or groups                         worksheets                                          e use of
  (scarce) goods,                                Worksheets                          Tabulate    „Economic‟       resources
  and the influences                                          Draw a graph           data        goods
  of demand and
  supply on market                                                                   Draw        Influence of
  prices.                                                                            graphs      demand for
                                                                                                 goods on
                                                                                     Analyse     prices
                                                                                     graphs
                                                                                                 Influence of
                                                                                                 supply of
                                                                                                 goods on
                                                                                                 prices

                                                                                                 Other factors
                                                                                                 which
                                                                                                 influence the                  1 week
                                                              Assessment Task:                                    Honesty
                         Learner‟s works in                                                      price of goods
                                                                 Collage / flow
 Explains the           pairs to produce a      Text book    diagram of different                                Accountabil
                                                                                                 Primary sector
  different types of     diagrammatic                              stages of                                      ity
                         representation like a   Worksheets    production in one
  business and                                                    of the three                   Secondary
  activities that take   flow chart or collage                                                   sector
                                                                    sectors.

                                                                35
   place within the     of different stages of   Magazines                            Tertiary sector
   three sectors.       production in the
                        three sectors.           Newspapers
                                                              Case Study



                                                 Magazines                 Reading                      1 week
                        Teacher recaps           Textbook                  Analysing Productivity
 Discusses             activities of three                                informati
  concept of            sectors making           Worksheet                           Outputs
                                                                           on
  productivity.         reference to
                        productivity.                                                 Inputs

                        Learner‟s work in                                             Economic
                        pairs.                                                        growth

                        Teacher takes
                        feedback from
                        learners while
                        marking case study
                        in class.



Reflection by teacher




                                                               36
GRADE 7 ASSESSMENT TASK


                        ECONOMIC MANAGEMENT SCIENCES
                             ASSESSMENT TASK 2
APRIL – MAY 2008                                                                GRADE 7

FORM OF ASSESSMENT:           Written and Oral Presentation

LO & AS‟s:                    7.3.4

ASSESSMENT TOOL:                      Rubric

Instructions:

Study the picture below then carefully follow the instructions, which follow:




( Picture from EMS for all, Grade 7 textbook, page 105)

1.     This task is to be completed individually.
2.     On a A3 poster board present your teacher with a mind map which describes all
       technological aids which improve communication, administration and access to information.
3.     Include in your mind map any improvements made to the technology in the last 5 years.
4.     Your mind map should display effective use of colour and on the back of the poster make
       reference to two sources used in compiling your mind map.
5.     Add your name, surname and grade to the poster in the bottom right hand corner.



                                                  37
Rubric:
   CRITERIA                0               1-2                3-4                  5
 Followed          The instructions   A few             Most of the         All the
instructions in    of the design      instructions      instructions        instructions
the design brief   brief have not     have been         have been           have been
                   been followed.     followed. The     followed and        followed and all
                                      learner needs     the                 the
                                      guidance from     requirements        requirements
                                      the educator to   have mostly         have been met.
                                      improve his/her   been met.
                                      presentation.
                        1-2                 3-4               5-6                 7 - 10
                   Little             Some              A satisfactory      An excellent
Technological      knowledge of       knowledge of      description of      description of
aids to improve    the content of     the content of    the content of      the content
communication,     technological      technological     technological       showing clear
administration     aids used in       aids used in      aids used in        understanding
and access to      communication      communication     communication       and insight to
information        and                and               and                 the use of the
have been          administration     administration    administration.     technological
described.         displayed.         displayed.                            aids used in
                                                                            communication
                                                                            and
                                                                            administration.
                        1-2                3-4                5-6                 7 - 10
                   Reference has      More than one     More than two       Most
Adequately         been made to       improvement to    improvements        improvements
mentions           improvements       technology has    to technology       to technology
improvements       made to            been              has been            has been
made to            technology.        mentioned.        mentioned and       mentioned and
technology.                                             described.          described in
                                                                            detail.
                           0                1-2               3-4                   5
                   Technical          Technical         Technical           Technical
Technical          quality of the     quality of the    quality of the      quality of the
quality of         presentation is    presentation is   presentation is     presentation is
presentation       unsatisfactory.    satisfactory.     acceptable. It is   well planned,
includes:                             There is          well planned        systematically
 Mindmap                             evidence of       and organised.      organised and
    design and                        planning and                          logically
    layout                            sequencing.                           presented.
 List of
    sources
 Neatness.
                        1-2                3-4                5-6                7 - 10

Oral               The speaker        A very basic      A good oral         An outstanding
presentation of    shows little       oral              presentation.       presentation
poster.            command of         presentation.     The speaker         which shows
                   the topic.                           shows a good        good insight
                                                        command of          and appropriate
                                                        the topic.          use of
                                                                            terminology.




                                                  38
RECORDING SHEETS



                                                  ECONOMIC AND MANAGEMENT SCIENCES
                                    PRINCIPAL :                                                           MODERATOR:

SUMMARY RECORDING SHEET                                                       CONTINUOUS ASSESSMENT




                                                                                                                                                                                        FINAL CODE
    GRADE 7& 8: 2008




                                                                                                                                                                           FINAL MARK
                      CLASS GROUP                  TERM 1                           TERM 2                             TERM 3                     TERM 4




                                                               TOTAL




                                                                                                  TOTAL




                                                                                                                                   TOTAL




                                                                                                                                                            TOTAL
                                                                       CODE




                                                                                                          CODE




                                                                                                                                           CODE




                                                                                                                                                                    CODE
                                                                                                                          TASK 3




                                                                                                                                                   TASK 4
                                                      TASK 1




                                                                                         TASK 2
     SURNAME, FIRST
#                                                                                                                                                                          100
        NAMES
                                                               %        .                         %        .                       %        .               %        .
                                    EMS/EWB



                                    EMS/EWB



                                    EMS/EWB



                                    EMS/EWB



                                    EMS/EWB



                                    EMS/EWB



                                    EMS/EWB



                                    EMS/EWB



                                    EMS/EWB

                                                                                    39
                                    EMS/EWB
                                                                         ECONOMICS AND MANAGEMENT SCIENCES

                                   PRINCIPAL :                                                      MODERATOR:

    SUMMARY RECORDING                                                        CONTINUOUS ASSESSMENT                                                                                                TERM 4: CTA




                                                                                                                                                                                                                                                       FINAL MARK (75+25)

                                                                                                                                                                                                                                                                            FINAL CODE
    SHEET GRADE 9: 2008




                                                                                                                                                             CONVERTED TO




                                                                                                                                                                                                                                        CONVERTED TO
                                                                                                                                                                            CTA : Section A

                                                                                                                                                                                              CTA : Section B
                                                                                                                                            TOTAL for CASS




                                                                                                                                                                                                                 TOTAL FOR CTA
                                                 TERM 1                        TERM 2                            TERM 3




                                                                                                                                                                                                                                 Code
                     CLASS GROUP




                                                            TOTAL




                                                                                            TOTAL




                                                                                                                            TOTAL
                                                                    CODE




                                                                                                    CODE




                                                                                                                                    CODE
                                                                                   TASK 2




                                                                                                                   TASK 3
                                                   Task 1
    SURNAME, FIRST
#                                                                                                                                          100                75            120                80               200                      25            100
       NAMES
                                                            %        .                      %        .                      %        .
                                   EMS/EWB



                                   EMS/EWB



                                   EMS/EWB



                                   EMS/EWB



                                   EMS/EWB



                                   EMS/EWB



                                   EMS/EWB



                                   EMS/EWB




                                                                              40
PREPARING SENIOR PHASE LEARNERS FOR GRADE 10 :

ACCOUNTING

Knowledge and skills learners should have acquired in order to cope with Accounting in the FET
band.

 EMS Learning outcomes                                                  Yes        No
 Grade 7
 LO3AS5        Compiles elementary statement of net worth, using
               personal records:
 Grade 8
 LO3AS1        Financial concepts:
                   Transaction
                   Source document
                   Journal
                   Assets
                   Tangible assets
                   Current assets
                   Long-term liabilities
                   Current liabilities
                   Owners‟ Equity
                   Profit
                   Loss
                   Income
                   Expenses
                   Capital
 LO3AS3        Complete source documents:
                   Receipt
                   Deposit slip
                   Cheque and cheque counterfoil
               Records cash transactions in statement of receipts and
               payments:
                   Capital contribution by owner
                   Cash received for services rendered
                   Monies received for rent income
                   Payments of expenses
                   Purchases of assets
 LO3AS5        Elementary statement of net worth, using personal
               records:
                   explains the concept
                   analyses a completed statement of net worth




                                               42
LO4AS4       Evaluates financial viability of a business based on:
                 Start up costs (e.g. purchasing raw materials or
                    stock, equipment, etc.)
                 production costs (e.g. Primary production costs
                    = direct labour + direct raw materials Overhead
                    expenses = fixed overheads + variable
                    overheads
                    Total production costs = primary production
                    costs + overhead expenses)
                 sales
                 profit
Grade 9
LO3AS1    Extend concepts to include credit transactions
              credit
              debtors
              creditors
          Financial statements:
              Completes income statement of service business
              Completes balance sheet of service business
              Completes income statement of retail busines
              Completes balance sheet of retail busines
LO3AS3    Completes subsidiary journals for cash transactions:
              Cash Receipts Journal of service businesses
              Cash Payments Journal of service businesses
              Cash Receipts Journal of retail businesses
              Cash Payments Journal of retail businesses
          Complete source documents relating to credit transactions:
              invoice
          Completes subsidiary journals for credit transactions:
              Debtors‟ Journal
              Creditors‟ Journal
          Post to general ledger
          Prepares trial balance
LO3AS5    Analyse financial statements:
          Profitability ratio‟s
              Gross profit on sales/turnover
              Gross profit on cost of sales
              Net profit on sales/turnover
              Operating expenses on sales/turnover

          Liquidity ratio‟s
               Current ratio
               Acid test ratio

          Solvency ratio
              Solvency ratio




                                             43
ACCOUNTING BASELINE TEST

Activity 1

 Choose the correct alternative and place a cross (X) in the correct column on the answer sheet.

1.   A product is sold at R1 200 after a profit mark-up of 25%. The cost price of this product
     was…

       A       R300                                    B      R960
       C       R1 500                                  D      R900

2.   Stationery is a/an ………………… account.

       A       balance sheet                           B      asset
       C       expense                                 D      income

3.
DR                                CREDITORS CONTROL                                   CR
                                          Bank                         CRJ            550


A possible reason for the entry in the above account is:

       A       The business bought goods for R550 cash.
       B       The business received an amount of R550 on repayment from a creditor.
       C       The business paid off an amount of R550 as repayment of R550 on       account.
       D       This entry is not possible.

4.   Creditors are credited when stock is bought on credit because…

       A       trading stock increases.                B      liabilities increase.
       C       assets increase.                        D      expenses increase.

5.   Which source document is used to record the transaction in our books when we purchase
     goods?

       A       Original invoice                        B      Duplicate invoice
       C       Receipt                                 D      Cheque counterfoil

6.   The accountant did not record the stationery purchased on credit in the relevant journal. This
     means that the Trial balance:

       A       will balance with the correct totals
       B       will not balance, because the credit total is too big
       C       will not balance, because the debit total is too big
       D       will balance with incorrect totals.

7.   Valuable possessions of a business are known as:

       A       Capital                                 B      Assets
       C       Liabilities                             D      Income




                                                  44
8.   People who owe the business money are known as:

       A      Creditors                                B   Bankers
       C      Wholesalers                              D   Debtors

9.   Cash receipts are debited to:

       A      Bank                                     B   Capital
       C      Trading Stock                            D   Drawings

10. An account which has a debit entry of R100 and a credit entry of R60 has a …. balance of
    R40

       A      Debit                                    B   Credit
       C      Debit and Credit                         D   Not possible to answer

11. In a balance sheet the assets is exactly equal to:

       A      Liabilities plus current assets
       B      Owners equity plus current liabilities
       C      Liabilities and owners equity
       D      Capital

12. Profits always increase:

       A      Owner‟s equity                           B   Assets
       C      Creditors                                D   Cash

13. When the owner takes a business cheque for his own use, the procedure is to credit bank
    and debit

       A      Capital                                  B   Drawings
       C      Sales                                    D   Sundry accounts

14. Which one of the following normally has a debit balance:

       A      Income                                   B   Capital
       C      Fixed assets                             D   Liabilities

15. Trading Stock is increased by a:

       A      Debit entry                              B   Credit entry
       C      Both debit and credit entry              D   something else

16. The equipment and buildings of a business are:

       A      Current assets                           B   Capital
       C      Liabilities                              D   Fixed assets




                                                 45
Activity 2

You are provided with an incomplete Income Statement and Balance Sheet of Cheap Stores on 31
December 2007.

Instructions:

1.   Complete the Income Statement taking into account the additional information given below.
2.   Complete the Balance Sheet taking into account the additional information given below.
3.   Complete only the note for Owners Equity. Refer to Paragraph 7 in the additional information.
     Other amounts should be entered directly into the Balance sheet. Where applicable show
     calculations in brackets.


Jacky Cheap trading as Cheap Stores
INCOME STATEMENT FOR THE YEAR ENDED 31 December 2007

                                                                  Notas
                                                                  Notes          R
 Sales                                                                        600 000
 Cost of sales (1)                                                               ?
 Gross profit                                                                    ?
 Other operating income                                                          ?
 Rent income (2)                                                                 ?
 Gross operating income                                                          ?
 Operating expenses                                                              ?
 Salaries (3)                                                                    ?
 Wages                                                                         48 000
 Stationery                                                                    1 850
 Water and electricity                                                         7 250
 Advertising (4)                                                                 ?
 Telephone                                                                     6 350
 Packing material                                                              2 440


 Net profit (loss) for the year / period                                         ?




                                                46
Jacky Cheap trading as Cheap Stores
BALANCE SHEET AT 31 December 2007

                                                                  Notas
                                                                  Notes          R
 ASSETS
 NON-CURRENT ASSETS                                                              ?
 Fixed assets / Tangible assets (5)                                              ?


 CURRENT ASSETS                                                                 ?
 Inventories                                                                  28 200
 Trade and other receivables (debtors)                                        30 350
 Cash and cash equivalents (6)                                                  ?
 TOTAL ASSETS                                                                   ?

 EQUITY AND LIABILITIES
 Owners equity                                                                   ?


 Non-current liabilities


 Current liabilities                                                          39 450
 Trade and other payables (creditors)                                         39 450
 TOTAL EQUITY AND LIABILITIES                                                   ?

Additional information

1.   Jacky Cheap sells her merchandise at a profit mark up of 50% on cost price.
2.   Jacky Cheap owns property. Part of it she uses as her office and shop. A portion of the
     property she hires out to a business called Crystal Clear that sells glassware. She hires this
     to Crystal Clear at a rental of R2 200 per month.
3.   Jacky Cheap employs Jenna Moyce who manages the shop for her at a salary of R7 500 per
     month. Jenna also receives an annual bonus equal to her monthly salary.
4.   Jacky advertises her business in the local newspaper at a cost of R350 per quarter.
5.   Cheap Stores owns a Building with a cost price of R725 000, a delivery van that cost her R75
     000 and Equipment with a cost price of R40 000.
6.   The current account balance is R23 200, there is an amount of R1 500 in the petty cash box
     and the cash float amounts to R900.
7.   During this financial year Jacky Cheap withdrew R35 000 from the Bank account for her
     personal use. She also paid her personal Insurance that amounts to R350 per month with a
     business cheque. Jacky Cheap won R150 000 on the National Lottery. She decided to
     increase her capital by R50 000.




                                                47
Activity 3

The financial results given below were extracted from the accounting records of Pepe Traders on
28 February 2007. Study the information given and answer the questions that follow:

Note:

Show all calculations to one decimal place.

INFORMATION

 Turnover (Sales)                                              R240 000
 Cost of sales                                                 R 80 000
 Gross profit                                                  R160 000
 Operating expenses                                            R 86 500
 Net profit                                                    R 80 000
 Owner equity                                                  R137 200
 Total assets                                                  R149 200
 Total liabilities                                              R12 000
 Current assets (including Trading stock)                      R 37 200
 Current liabilities                                           R 12 000
 Trading stock                                                  R 9 200
 Drawings                                                      R 25 000

Calculate the following:

    1.        Gross profit on sales
    2.        Gross profit on cost of sales
    3.        Net profit on sales
    4.        Operating expenses on sales
    5.        Current ratio
    6.        Acid test ratio
    7.        Solvency ratio




                                               48
BUSINESS STUDIES

Business Studies knowledge and skills learners should have acquired in the GET EMS Learning
Area in order to cope with Business Studies in the FET band.

Business Studies Baseline test

SECTION A: MANAGERIAL, CONSUMER AND FINANCIAL KNOWLEDGE
AND SKILLS
Grade 7    Explain the role of planning, organising, leading   Yes Partly No
LO3        and control in a business.
AS1        Match the correct explanation of the word in column B with the
           word in Column A
           Only write the letter a, b, c or d in the small block next to the
           word
1          Column A                    Column B

           1. Planning                  (a) This task provides an outline of the
                                            duties of employees.

           2. Organising                (b) Using a checklist to determine quality
                                            is part of this task.

           3. Leading                   (c) Motivating and directing are part of this
                                            task.

           4. Controlling                (d) This management task may include a
                                              list of possible steps to deal with
                                              certain problems.
LO3        Discuss different approaches to                         Yes Partly        No
AS2        leadership/leadership styles
2          “Now! Have I received all your ideas and suggestions?” Which
           leadership style is being illustrated? Circle the correct letter a, b or c
              (a)    Laissez faire
              (b)    Autocratic
              (c)    democratic




                                               49
Grade 8   Name the various methods of savings and                 Yes     Partly     No
LO3       investments (e.g. saving accounts, fixed deposits,
AS2       shares, unit trusts)

3         Match the correct explanation of the word in column B with the word in
          Column A
          Only write the letter a, b, c, d or e in the small block next to the word
          Column A                         Column B
          1. Saving                        (a) Investing money in the stock
                                                exchange and offer you
          2. Investment                         diversification.
                                           (b) Money set aside for a particular
          3. Fixed deposit                      purpose with immediate access to the
                                           money.
          4. Shares                        (c) Buying a part of a business and share in
                                               the profits.
          5. Unit trust                    (d) This is making your money “work” for you
                                                by earning interest and involves risks.
                                           (e) Money is in an account for a specific
                                                period and receive a high interest.
LO3       Calculate the return on a variety of investments.       Yes     Partly      No
AS2

4         Calculate the return on the following investment for the period specified. You
          may use a calculator.

          An investment of R15 000 in a fixed deposit for a period of 2 years.
          Interest is calculated at 6% p.a. compounded annually.
          Calculate the interest for the two years.




                                               50
LO3       Describe the levels, categories, remuneration and        Yes Partly No
AS3       responsibilities of jobs.
          Match the correct explanation of the word in column B with the word in
5         Column A
          Only write the letter a, b or c in the small block next to the word
          Column A                                 Column B
          1. Top level                             (a) Day-to-day decisions

          2. Lower level                             (b) Marketing Manager

          3. Middle level                            (c) Strategic planning

Grade 9   Differentiate between the forms of credit purchases        Yes      Partly   No
LO3       (e.g. open accounts, instalment sales, credit card).
AS6
          Match the correct explanation of the word in column B with the word in
6         Column A
          Only write the letter a, b or c in the small block next to the word
          Column A                                 Column B
          1. Open account                          (a) Credit arrangement between
                                                   owner of card and bank and this
                                                   card also gives you immediate cash.
          2. Instalment                            (b) Customers receive a credit limit, 6
                                                   to 12 months to repay and buyer
                                                   takes immediate ownership of item.
          3. Credit card                           (c) Customers pay a deposit, then a
                                                   regular instalment. Seller retains
                                                   ownership until item is paid in full.




                                                51
LO3   Assess the advantages/disadvantages of different        Yes   Partly     No
AS6   means of payment (e.g. cash, cheques, postal orders,
      credit cards, debit cards, smart cards, and traveller’s
      cheques).
7     Name four advantages of paying cash, rather than buying on credit, for your
      goods.
      1

      2

      3

      4


LO3   Name the laws affecting basic conditions of               Yes      Partly    No
AS7   employment and non-discrimination in the workplace.
8     Match the correct explanation of the word in column B with the word in
      Column A
      Only write the letter a, b, c or d in the small block next to the word
      Column A                                       Column B
      1. The Basic Conditions                        (a) This act makes sure that
         of Employment At                            there is an increase level of
                                                     investment in education and
                                                     training.
      2. The Labour Relations
         Act                                         (b) This act provides guidelines
                                                     for issues like leave, hours of
                                                     work and deductions.
      3. The Employment
         Equity Act                                  (c) This act promotes fairness
                                                     and non discrimination in
                                                     employment practices.
      4. The Skills
         Development Act                             (d) This act is about handling
                                                          disputes, strikes and joining
                                                         trade unions.




                                             52
SECTION B: ENTREPRENEURIAL KNOWLEDGE AND SKILLS
Grade 7  Name entrepreneurial characteristics and skills.        Yes Partly      No
LO4
AS1
1        Some characteristics and skills are given. Decide which of these can be
         classified as characteristics and which as skills
         Circle the correct answer (x)
                                                  Skill    Characteristic
         (a) Problem solving                       x             x
         (b) Highly motivated                      x             x
         (c) Hard working                           x            x
         (d) Planning                               x            x
         (e) Creative thinking                      x            x
LO4      Name idea generation techniques to problem solving.     Yes      Partly  No
AS2
         Brain storming is one technique to use to generate ideas to solve problems.
2
         Name another technique.



LO4        Create ideas for starting a business.                   Yes     Partly   No
AS2
           Describe in three sentences how you went about in getting ideas for starting
           a business.
           1

3          2

           3

           What idea did you decide on and why?



LO4        Advertise own business e.g. poster.                     Yes     Partly   No
AS2
4          A good advertisement is based on the AIDA principle. Complete the missing
           words in the following sentences:
           It must a............ attention.
           It must create i.......... to find out more about the product.
           It must create a d.......... to try the product.
           It must lead to a.......... to go and buy the product.




                                                   53
Grade 8   Identify financial institutions and organisations         Yes     Partly    No
LO4       promoting entrepreneurship.
AS1
5         Column A                         Column B
          1. The Department of             (a) This institution seeks to increase
             Trade and Industry                market access for SA products
                                               worldwide.
          2. Small Enterprise
             Development Agency            (b) Is an agency providing financial
                                                products like loans for businesses.
          3. Khula Enterprise
             Finance Ltd                   (c) This organisation will ensure support
                                               programmes for small
                                               businesses throughout South Africa.
          Differentiate between the forms of ownership in the        Yes    Partly   No
LO4       formal and informal sectors (sole proprietor,
AS3       partnership, close corporation).
6
          Column A                         Column B
          1. Partnership                   (a) members

          2. Sole proprietor               (b) 2 - 20

          3. Close Corporation            (c) Owner gets all the profit.
LO4       Engage in a business activity that involves              Yes   Partly  No
AS5       purchasing, production and marketing.
7         You had a market day at school. Now explain in short, how your business
          engaged in the following three business functions: purchasing, production
          and marketing.




                                                54
Grade 9   Generate possible business ideas for manufactured      Yes    Partly   No
LO4       goods or services. Assess ideas by means of SWOT
AS1       analysis.

          Use a SWOT analysis to assess your business idea that you had for the
          market day/own business

          STRENGHTS                                 WEAKNESSES




8



          OPPORTUNITIES                             THREATS




          Develop a basic business plan (including a budget) for Yes      Partly No
LO4
          a manufacturing, service or tourism enterprise based
AS2
          on ideas generated.
          Write down all the steps that you must take into account when drawing up a
          business plan.


9




                                             55
LO4   Conduct a marketing campaign to market own               Yes      Partly No
AS4   product/service.
      Use only four (4) full sentences to describe how you did marketing for your
      product before and on the market day.

      1
10
      2

      3

      4

LO4   Engage in the business activity planned (participate in Yes       Partly No
AS3   a market day or run own business.)
      Think about your market day at school and answer the following questions.
      (a) Did you like to be an entrepreneur for a day? Why or why not?



      (b) Did you make any profit or did you made a loss? Why?
11




      (c) Did your customers like your product? Explain your answer.




LO4   Research the role of small, medium and micro            Yes      Partly   No
AS5   enterprises in wealth creation processes.
12
      (a) SMME stands for ____________________________________

      (b) Fill in the missing word: The SMME businesses create
          __________.




                                          56
Economic Baseline test


NAME:______________________________________               CLASS/SECTION: ___________


Economics knowledge and skills learners should have acquired in the GET EMS Learning Area in
order to cope with Economics in the FET band.

 EMS Learning outcomes
 Grade 7
 LO1 AS1      Explains difference between needs and wants.             Yes   Partly    No

      1       Use a cross (x) in the appropriate block.



                                                    Basic Wants         Luxury wants

              Food like bread




              Food like hamburgers




              CD player




              Sleep




     AS2      Describes the different types of businesses within the   Yes   Partly    No
              primary, secondary and tertiary sectors.




                                               57
2     Use a cross (x) in the appropriate block.



                             Primary sector       Secondary sector    Tertiary Sector

      Clothing factory




      A farm




      ABSA bank




AS3   Explains the concepts “free” and “economic” goods         Yes    Partly   No




                                       58
    3     Use a cross (x) in the appropriate block.



                                                Economic goods                Free goods

          Sea sand & sea water




          Give a reason for your answer.



          Food




          Give a reason for your answer.




          Explains the influence of demand and supply on              Yes     Partly No
          market prices
    4     (a) What will happen to the price of bananas if there is a surplus of bananas?


          (b) Why? Explain your answer.




LO2 AS1   Demonstrates a basic understanding of the influence      Yes      Partly   No
          of apartheid economic policies on ownership, poverty,
          wealth and quality
   AS2
          Can identify steps required to redress socio-economic
          imbalances and poverty




                                           59
    5     Which of the following can be seen as economic problems in the apartheid era
          and which as solutions to redress these problems? Use a cross (x) in the
          appropriate block.



                                            Economic problems    Possible steps that
                                                                 can be taken to
                                                                 redress these
                                                                problems

          Overcrowding of squatter camps.




          Land redistribution




          Affirmative action




          Lack of investments in rural areas.




          Local authorities unable to provide services.




LO1 AS1   Describe the historical development of money           Yes     Partly    No
          Describe the role of money in societies and their
          economies




                                           60
6     Explain how trade took place before the development of money?



      How did money assist to make trading easier?




AS2   Describe how international trade addresses the          Yes     Partly No
      economic problem
7     Provide two reasons why South Africa exports some of its products and imports
      some other products.
      1.



      2.




AS2   Describe the role of banks in investing in the economy   Yes    Partly No

8     Using only three sentences, describe the reasons why banks are so important in
      our economy.




AS3   Explain how the different economic systems address       Yes    Partly   No
      the economic problem




                                      61
9      Use a cross (x) in the appropriate block.



                                   Market economy   Centrally planned Mixed Economy

       Government owns all
       the factors of production




       Prices are formed by
       supply and demand




       Social and work equity




AS 4   Discuss the role, rights and responsibilities of trade   Yes   Partly   No
       unions
10     Name two responsibilities of a trade union to its members.
       1.




       2.




                                         62
    AS 5    Explain what inflation is.                               Yes      Partly    No
            Discuss reasons for changes in inflation rates
    11      Write down only the letter in the corresponding block of the description in
            column B that matches the term in column A
            Column A                                  Column B
            1. Inflation                              (a) When prices of goods and
                                                      services decrease.
            2. Increase in
               inflation                              (b) An increase in prices of goods and
                                                      services.
            3. Deflation

                                                      (c) Workers demand a wage increase.




LO 2 AS 1   Describe how the national budget is used to influence     Yes     Partly      No
            growth and redress economic inequalities
    12      State if the following is TRUE or FALSE.
                 (a) The national budget is designed to help to improve the welfare and
                     standard of living of people.
                 `
                 (b) The national budget influenced economic growth negatively.




                 (c) Taxes are part of national expenses.


                 (d) Government salaries are part of expected national income.




    AS3     Discuss the importance of savings for investments         Yes     Partly      No
    13      Why do you think it is important to save money? Name four reasons.
            1.


            2.


            3.


            4.




                                             63
    AS 4   Report on how technology can improve productivity,         Yes   Partly   No
           economic growth, living standards
    14     Before the Industrial Revolution most people were
           involved in farming for self-sufficiency. Later on,
           some technological advances were made in aspects of
           agriculture. Name and Explain any two of these
           technological advances.

           1.




           2.




EMS Learning outcomes
Grade 9
LO1 AS 1   Explain the different flows of money, factors of             Yes Partly No
           production, goods and services in the circular flow model
           within the SA economy
    1      Write down only the letter in the corresponding block of the answer in
           column B that matches the term in column A
           Column A                                   Column B
           1. Capital                                 (a) Imports and exports

           2. Business                           (b) Get an income from sales and
              Sector                                 investments

           3. Foreign                            (c) Interest
              Sector

           4. Government                         (d) Receives tax

           5. Entrepreneur                       (e) Rent

           6. Households                         (f) Provide labour

           7. Natural resources                  (g) Profit



                                          64
 AS 2   Discuss the role of the foreign sector in the circular flow   Yes   Partly   No
        model
16      Discuss how we earn money from the foreign sector.




                                            65
 AS 3   Illustrates by means of a graph and discuss how              Yes   Partly    No
        demand and supply influence prices
17
        R7
        R6
        R5
        R4
        R3
        R2
        R1
               1 2 3 4 5 6 7 8 9 10
                         Quantity of Ice creams
        (a) Identify which line presents the demand curve and which one the supply
             curve. Demand (DD) Supply (SS)
        (b) Which axis of the graph shows the price of the ice cream? (X or Y)


        (c) At the price of R4, how many ice creams would the consumer be prepared to
             buy?


        (d) What is the equilibrium price?


        (e) List three factors that influence the demand for ice cream.




                                             66

				
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