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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 Th sttlin of conomics ithin th fild ................................................ ustions .......................................................................................................... Topic Th asic conomic prolm ................................................................. overview ........................................................................................................... nit 1 Th prolm of scarcit ..........................................................................1 nit roduction chan and consumption ..................................................1 nit ustainal dvlopmnt and human rihts ............................................1 ustions .........................................................................................................1 Topic Circular flo and uantitativ lmnts .................................................1 overview ..........................................................................................................1 nit 1 Th participants in th conom ..............................................................1 nit arkts ............................................................................................... nit rivin ........................................................................................ nit rivin ross national incom .............................................................. nit Comparin and I ......................................................................... ustions ........................................................................................................ Topic usinss ccls .................................................................................. overview ......................................................................................................... nit 1 Th phnomnon of usinss ccls ........................................................1 nit Was of rprsntin usinss ccls ..................................................... nit asons for usinss ccls .................................................................. nit Effcts of usinss ccls .......................................................................1 nit Effcts on popl ho ar conomicall vulnral ................................. ustions ........................................................................................................ Topic Th dnamics of markts ..................................................................... overview ......................................................................................................... nit 1 Th markt as a phnomnon ................................................................. nit Tps of markts ................................................................................... nit Wh prics ar important in th markt ...................................................1 nit mand suppl and pric ...................................................................... © Via Afrika » Economics Contents nit uppl and pric ................................................................................... nit ric formation ..................................................................................... nit unctions of markts ............................................................................. ustions ........................................................................................................ Topic Th production possiilit curv .......................................................... overview ......................................................................................................... nit 1 sourc allocation ............................................................................... nit aimisin satisfaction – indiffrnc curvs ......................................... nit arkt failurs – infficincis .............................................................. ustions ........................................................................................................ Topic Th pulic sctor .................................................................................. overview .......................................................................................................... nit 1 asons for pulic sctor intrvntion ..................................................... nit £inds of intrvntion.............................................................................. ustions ........................................................................................................ Topic ro th dvlopmnt and loalisation ............................................... overview ......................................................................................................... nit 1 Th mrnc of trad ..........................................................................1 nit Evolution of markts ............................................................................. nit ovrnmnts and th rulation of markts ........................................... nit Industrial dvlopmnt ......................................................................... nit Economic institutions ............................................................................ ustions ........................................................................................................ Topic outh African conomic ro th and dvlopmnt ................................. overview ......................................................................................................... nit 1 Animal husandr and aricultur .......................................................... nit Aricultur and minin .......................................................................... nit inin and industr¤ 11 to 1s ........................................................ nit anufacturin and srvics¤ sinc 1 .................................................. ustions .......................................................................................................1 Topic 1 Th histor of mon and ankin in outh Africa ............................... 11 overview ........................................................................................................ 11 nit 1 Th histor of mon ............................................................................1 nit Th histor of ankin in outh Africa ...................................................1 © Via Afrika » Economics Contents nit Th outh African srv ank ............................................................1 nit cnt trnds in ankin ......................................................................1 ustions .......................................................................................................1 Topic 11 opulation and laour forc trnds ..................................................... 11 overview ........................................................................................................ 11 nit 1 Th population of outh Africa ...............................................................111 nit Th outh African laour forc .............................................................. 11 ustions ....................................................................................................... 11 Topic 1 nmplomnt ................................................................................. 11 overview ........................................................................................................ 11 nit 1 Th natur of unmplomnt ................................................................. 11 nit Approachs to solvin th prolm of unmplomnt ............................1 nit Economicall marinalisd roups ........................................................1 ustions ....................................................................................................... 1 Topic 1 ¥aour rlations ...............................................................................1 overview ........................................................................................................1 nit 1 Th laour markt in outh Africa ..........................................................1 nit Th o¦ctivs of th ¥aour lations Act .............................................1 nit ¥aour rihts and convntions ..............................................................1 nit Collctiv arainin and disput rsolution .........................................1 nit ¥aour Courts ......................................................................................1 ustions .......................................................................................................1 Topic 1 Economic rdrss .............................................................................1 overview ........................................................................................................1 nit 1 tin asic nds ............................................................................1 nit §uman rsourcs .................................................................................1 nit atural rsourcs .................................................................................1 nit Capital ................................................................................................1 nit Entrprnurship ...............................................................................1 nit mocratisation of conomic procdurs ..............................................1 nit acroconomic adaptations .................................................................1 ustions ....................................................................................................... 1 Eam aprs ....................................................................................................1 Ans rs ..........................................................................................................1 lossar ..........................................................................................................1 © Via Afrika » Economics
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