# Key concepts

> These are the words you need for economic and social indicators. A statistic that shows the behaviour of an economic variable and is used to establish the state and direction of the economy, for…

- Page: https://www.hlayiso.com/grade-12/economics/notes/south-african-economic-and-social-indicators/key-concepts

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## Full notes

This is a preview of the Key concepts notes for Grade 12 Economics. Create a free Hlayiso account to read the full notes, practise every question and track your progress.

## More in South African economic and social indicators

- [Economy performance and Economic indicators](https://www.hlayiso.com/grade-12/economics/notes/south-african-economic-and-social-indicators/economy-performance-and-economic-indicators) — Next section
- [All South African economic and social indicators sections](https://www.hlayiso.com/grade-12/economics/notes/south-african-economic-and-social-indicators)

## Frequently asked questions

### What will I learn in "Key concepts"?

This section covers Key concepts as part of South African economic and social indicators in Grade 12 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 "Key concepts", are written against the official CAPS curriculum and ATP for Grade 12 Economics.

### What should I study after "Key concepts"?

Continue with the next section in South African economic and social indicators, or test your understanding with the interactive quiz linked to this section.

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