# Elements, Branches & Methods of Economics

> This section is what Economics is, the economic elements, the branches (micro, macro and specialised fields), and the methods economists use: models, positive and normative statements, and the…

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## Full notes

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## More in Basic Concepts & Basic Economic Problem

- [The Scarcity Problem, Opportunity Cost & Economic Processes](https://www.hlayiso.com/grade-10/economics/notes/basic-concepts-and-basic-economic-problem/the-scarcity-problem-opportunity-cost-and-economic-processes) — Next section
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## Frequently asked questions

### What will I learn in "Elements, Branches & Methods of Economics"?

This section covers Elements, Branches & Methods of Economics as part of Basic Concepts & Basic Economic Problem in Grade 10 Economics. You'll find clear explanations, worked examples, and key definitions aligned to the CAPS curriculum.

### Is this section aligned with the CAPS curriculum?

Yes. All notes on Hlayiso, including "Elements, Branches & Methods of Economics", are written against the official CAPS curriculum and ATP for Grade 10 Economics.

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Continue with the next section in Basic Concepts & Basic Economic Problem, or test your understanding with the interactive quiz linked to this section.

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