Economic and Management Sciences Grade 8

Economic and Management Sciences

Grade 8

Head, heart and hand Series Yvette Gietl

WAMARK PUBLISHERS

ENRICHED VERSION VS CONDENSED VERSION

Alongside the enriched EMS 8 and 9 workbooks, we also have condensed versions. This table will explain the differences and benefits of each.

ENRICHED EMS WORKBOOKS

This version suits schools with 3 or more lessons allocated to EMS per cycle. The topics covered will prepare learners for grade 10. Include CAPS

CONDENSED EMS WORKBOOKS

This version suits schools with very limited time i.e. have fewer than 3 lessons per cycle or have allocated more time to Accounting. CAPS only

Revision Topics and Activities

Enrichment Topics and Activities

Tear - out Activities Set out in SUBJECTS namely: Economics, Financial Literacy and Entrepreneurship

Set out Term 1 ? 4 in TOPICS as per CAPS

Price incl. VAT

* *

22

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R 160

* *

23

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R 160

11

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R 120

13

*

R 120

ECONOMIC AND MANAGEMENT SCIENCES GRADE 8

LEARNER SUPPORT MATERIAL

? Personal Goal Statement ? Plot your Progress ? Continuous Homework Assessment 1. THE ECONOMY

1.1 Needs and wants

1.2 Goods and services

INDEX PAGE ACTIVITY 1 - 2 3 - 4 5 - 6

7 - 10 ? Presentation

13 - 14 ? Project

1.3 Factors of Production

1.4 The SARB (Banking) Rates of Exchange Repro rate Functions of the Reserve Bank Role of DTI's

17 - 21 ? Case Study

23 - 25 ? Worksheet ? Class Activity

ASSESSMENT NUMBER

1 2 3

PAGE

11 - 12 15 - 16 22 25 - 28

1.5 Government

29

Government of National Unity

The Constitution

The Constitutional Court

Apartheid

30

RDP:

31

? Role of business and NGO's 32 ? Investigation

4

? Role of Government

40 ? Class Activity

33 - 40 41 - 42

1.6 National Income The National Budget

Data

43 ? Response

5

44 - 50

1.7 Proudly South African

51

? Class Activity

? Project

6

1.8 International Trade Causes of International Trade

? Project 57- 60 ? Board Game

7

1.9 Micro and Macro Economics 63 - 64

? Households - consumers/

65

individuals

? Firms/Businesses

? The Goods Market

? The Factor Market

? The Circular Flow of Goods

66

and Services ? The Circular Flow of Income 67

and Spending ? Goods and Services produced 68

by Government:

? ?

The Governement and Producer

as

Consumer

69

? The Financial Sector

70

? Test

8

52 53 - 54 55 - 56 61 - 62

71 - 72

ECONOMIC AND MANAGEMENT SCIENCES GRADE 8

INDEX

LEARNER SUPPORT MATERIAL

PAGE ACTIVITY

1.12 Standard of living Traditional, modern, rural and self sufficient societies Carbon Footprint and Global Warming

1.11 Inflation Measuring inflation Causes of inflation ? Demand Pull ? Cost Push

73 - 78 ? Data Response ? Survey ? Case Study

85 - 87 88 - 89 90 - 92 ? Investigation

2. FINANCIAL LITERACY 2.1 Savings and Investment Savings 2.2 Net Worth Statement

3. ENTREPRENEURSHIP

95 - 98 109 - 110

? Game ? Class Activity ? Data Response

? Practical demonstration

ASSESSMENT NUMBER 9 10 11

PAGE

79 - 80 81 = 82 83 - 84

12

93 - 94

99 - 102

103 - 104

13

105 - 108

14

111 - 112

3.1 Productivity

113 - 114 ?

3.2 Labour

115 - 116 ? Research

15

117- 118

3.3 FOP - Fair Labour Practices 119 - 126 ? Project

16

127 - 130

3.4 Levels and Functions of

Management (POLC)

Management Styles

131 - 134 ? Case study

17

135 - 136

3.5 Starting a business

137

Qualities of a successful

139

entrepreneur Advantages/Disadvantages of 140

entrepreneurship

3.6

Acquisition of Capital borrowed and own

141 - 142

? Worksheet

3.7 The New Companies Act

143 - 146

- CIPC - MOI

? Crossword 1

18

Forms of Business Ownership

? Crossword 2

19

Companies:

151 - 154

- Non Profit Company (NPC)

- Private Comapany PTY (Ltd)

- Public Company (Ltd)

- Incorporated

- State Owned Company

- Foreign Company

Other Forms of Ownership:

- Co operatives

- Close Corporations - Sole Proprietor - Franchise

? Case Study

20

3.7.1 Advantages and Disadvatages of the different forms of ownership 155 - 162

? Project

21

138 147 - 148 149 - 150

151 - 154 163 - 166

STANDARD OF LIVING 1. LIFESTYE

Lifestyle is a term to describe the way a person lives. A lifestyle is a bundle of behaviours including social relations, consumption, entertainment and dress. 2. THE DIFFERENCE BETWEEN TRADITIONAL AND MODERN LIFESTYLES/ SOCIETIES. `Traditional' refers to those societies that are small scale and are derived from indigenous and often ancient cultural practices. `Modern' refers to those practices that relate to development on a large scale. These societies coexist in the world today. There are no longer completely modern or traditional societies. 3. TRADITIONAL SOCIETIES IN SOUTH AFRICA Colonization and then Apartheid threatened traditional societies in South Africa. The core values of traditional societies were eroded due to harsh treatment of the indigenous people. During Apartheid most families lived apart and many still do e.g. a women works as domestic worker and "lives in". There is no room for her husband or children. Her husband lives at his place of work and their children are left with family in the homelands. Another example is miners.

Land Occupation Belgium France Germany Great Britian Italy Portugal Spain Independent

Colony: A country or region governed by another country

73

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