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c chaplin study guide via afrika economics grade 10 contents introduction to economics v topic 1 what is economics 1 overview 1 nit 1 asic conc pts nit th m ...

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                           C. Chaplin
                       Study Guide
                       Via Afrika
                      Economics
                         Grade 10
                                                        Contents
                  Introduction to Economics ....................................................................................v
                  Topic 1  What is Economics?  ...............................................................................1
                  overview ............................................................................................................1
                  nit 1    asic conc­pts  ....................................................................................... €
                  nit €  Th­ m­thods of ­conomics  ..................................................................... ‚
                  nit ƒ  Th­ s­ttlin„ of ­conomics …ithin th­ fi­ld  ................................................ ‡
                  ˆu­stions .......................................................................................................... ‰
                  Topic €  Th­ Šasic ­conomic proŠl­m  ................................................................. ‹
                  overview ........................................................................................................... ‹
                  nit 1   Th­ proŠl­m of scarcitŒ  ..........................................................................1Ž
                  nit €  ‘roduction’ ­“chan„­ and consumption ..................................................1€
                  nit ƒ  ”ustainaŠl­ d­v­lopm­nt and human ri„hts ............................................1•
                  ˆu­stions .........................................................................................................1‡
                  Topic ƒ  Circular flo… and –uantitativ­ ­l­m­nts .................................................1—
                  overview ..........................................................................................................1—
                  nit 1   Th­ participants in th­ ­conomŒ ..............................................................1‹
                  nit €  ˜ark­ts ............................................................................................... €€
                  nit ƒ  ™­rivin„ 𙑠........................................................................................ €‚
                  nit ‚  ™­rivin„ „ross national incom­ .............................................................. €‡
                  nit •  Comparin„ 𙑠and š›I .........................................................................€‰
                  ˆu­stions ........................................................................................................ €—
                  Topic ‚   usin­ss cŒcl­s .................................................................................. ƒŽ
                  overview ......................................................................................................... ƒŽ
                  nit 1   Th­ ph­nom­non of Šusin­ss cŒcl­s ........................................................ƒ1
                  nit €  WaŒs of r­pr­s­ntin„ Šusin­ss cŒcl­s .....................................................ƒƒ
                  nit ƒ  œ­asons for Šusin­ss cŒcl­s .................................................................. ƒ—
                  nit ‚  Eff­cts of Šusin­ss cŒcl­s .......................................................................‚1
                  nit •  Eff­cts on p­opl­ …ho ar­ ­conomicallŒ vuln­raŠl­ ................................. ‚€
                  ˆu­stions ........................................................................................................ ‚‚
                  Topic •  Th­ dŒnamics of mark­ts ..................................................................... ‚‡
                  overview ......................................................................................................... ‚‡
                  nit 1   Th­ mark­t as a ph­nom­non .................................................................‚‰
                  nit €  TŒp­s of mark­ts ................................................................................... ‚‹
                  nit ƒ  WhŒ pric­s ar­ important in th­ mark­t ...................................................•1
                  nit ‚  ™­mand’ supplŒ and pric­ ......................................................................•€
                  © Via Afrika  » Economics
                                                        Contents
                  nit •  ”upplŒ and pric­ ................................................................................... •‚
                  nit ‡  ‘ric­ formation ..................................................................................... •‡
                  nit ‰  Ÿunctions of mark­ts ............................................................................. •—
                  ˆu­stions ........................................................................................................ ‡Ž
                  Topic ‡  Th­ production possiŠilitŒ curv­ .......................................................... ‡€
                  overview ......................................................................................................... ‡€
                  nit 1   œ­sourc­ allocation ............................................................................... ‡ƒ
                  nit €  ˜a“imisin„ satisfaction – indiff­r­nc­ curv­s ......................................... ‡‡
                  nit ƒ  ˜ark­t failur­s – in­ffici­nci­s .............................................................. ‡‰
                  ˆu­stions ........................................................................................................ ‡‹
                  Topic ‰  Th­ puŠlic s­ctor ..................................................................................‰€
                  overview ..........................................................................................................‰€
                  nit 1   œ­asons for puŠlic s­ctor int­rv­ntion .....................................................‰ƒ
                  nit €  £inds of int­rv­ntion..............................................................................‰‚
                  ˆu­stions ........................................................................................................ ‰—
                  Topic —  šro…th’ d­v­lopm­nt and „loŠalisation ...............................................—Ž
                  overview ......................................................................................................... —Ž
                  nit 1   Th­ ­m­r„­nc­ of trad­ ..........................................................................—1
                  nit €  Evolution of mark­ts ............................................................................. —€
                  nit ƒ  šov­rnm­nts and th­ r­„ulation of mark­ts ........................................... —‚
                  nit ‚  Industrial d­v­lopm­nt ......................................................................... —•
                  nit •  Economic institutions ............................................................................ —‡
                  ˆu­stions ........................................................................................................ —‰
                  Topic ‹  ”outh African ­conomic „ro…th and d­v­lopm­nt .................................—‹
                  overview ......................................................................................................... —‹
                  nit 1   Animal husŠandrŒ and a„ricultur­ .......................................................... ‹Ž
                  nit €  A„ricultur­ and minin„ .......................................................................... ‹€
                  nit ƒ  ˜inin„ and industrŒ¤ 1‹1Ž to 1‹‹Žs ........................................................ ‹‚
                  nit ‚  ˜anufacturin„ and s­rvic­s¤ sinc­ 1‹‹Ž ..................................................‹‰
                  ˆu­stions .......................................................................................................1ŽŽ
                  Topic 1Ž  Th­ historŒ of mon­Œ and Šankin„ in ”outh Africa ............................... 1Ž1
                  overview ........................................................................................................ 1Ž1
                  nit 1   Th­ historŒ of mon­Œ ............................................................................1Ž€
                  nit €  Th­ historŒ of Šankin„ in ”outh Africa ...................................................1Ž‚
                  © Via Afrika  » Economics
                                                        Contents
                  nit ƒ  Th­ ”outh African œ­s­rv­  ank ............................................................1އ
                  nit ‚  œ­c­nt tr­nds in Šankin„ ......................................................................1މ
                  ˆu­stions .......................................................................................................1Ž—
                  Topic 11  ‘opulation and laŠour forc­ tr­nds ..................................................... 11Ž
                  overview ........................................................................................................ 11Ž
                  nit 1   Th­ population of ”outh Africa ...............................................................111
                  nit €  Th­ ”outh African laŠour forc­ .............................................................. 11‚
                  ˆu­stions ....................................................................................................... 11‡
                  Topic 1€  n­mploŒm­nt ................................................................................. 11‰
                  overview ........................................................................................................ 11‰
                  nit 1   Th­ natur­ of un­mploŒm­nt ................................................................. 11—
                  nit €  Approach­s to solvin„ th­ proŠl­m of un­mploŒm­nt ............................1€ƒ
                  nit ƒ  EconomicallŒ mar„inalis­d „roups ........................................................1€•
                  ˆu­stions ....................................................................................................... 1€‰
                  Topic 1ƒ  ¥aŠour r­lations ...............................................................................1€—
                  overview ........................................................................................................1€—
                  nit 1   Th­ laŠour mark­t in ”outh Africa ..........................................................1€‹
                  nit €  Th­ oЦ­ctiv­s of th­ ¥aŠour œ­lations Act .............................................1ƒƒ
                  nit ƒ  ¥aŠour ri„hts and conv­ntions ..............................................................1ƒ•
                  nit ‚  Coll­ctiv­ Šar„ainin„ and disput­ r­solution .........................................1ƒ‰
                  nit •  ¥aŠour Courts ......................................................................................1ƒ‹
                  ˆu­stions .......................................................................................................1‚Ž
                  Topic 1‚  Economic r­dr­ss .............................................................................1‚€
                  overview ........................................................................................................1‚€
                  nit 1   ˜­­tin„ Šasic n­­ds ............................................................................1‚ƒ
                  nit €  §uman r­sourc­s .................................................................................1‚‚
                  nit ƒ  ›atural r­sourc­s .................................................................................1‚‡
                  nit ‚  Capital ................................................................................................1‚—
                  nit •  Entr­pr­n­urship   ...............................................................................1•Ž
                  nit ‡  ™­mocratisation of ­conomic proc­dur­s ..............................................1•€
                  nit ‰  ˜acro­conomic adaptations .................................................................1•‚
                  ˆu­stions ....................................................................................................... 1•‰
                  E“am ‘ap­rs ....................................................................................................1•‹
                  Ans…­rs ..........................................................................................................1‡‰
                  šlossarŒ ..........................................................................................................1‰‹
                  © Via Afrika  » Economics
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