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
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23
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R 160
11
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R 120
13
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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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