Gr 11 Eco ATP 2023 24

2023/24 ANNUAL TEACHING PLANS: ECONOMICS: GRADE 11 2023/24 ANNUAL TEACHING PLANS: ECONOMICS: GRADE 11 (TERM 1) TERM 1 WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6 WEEK 7 WEEK 8 WEEK 9 WEEK 10 WEEK 11 CAPS TOPIC FACTORS OF PRODUCTION CIRCULAR FLOW AND QUANTITATIVE ELEMENTS: ECONOMIC GOODS ECONOMIC SYSTEMS: MIXED ECONOMY ECONOMIC STRUCTURE OF SOUTH REVISION & ASSESSMENT AND SERVICES AFRICA CORE • Factors of production and remuneration, local • Final consumption expenditure (C) • Economic systems, free market (capitalism), • Sectors of the economy: Primary, CONCEPTS, economic planning activities, accessibility of • Consumption expenditure by Government (G) centrally planned (socialism/command/communism) secondary and tertiary sector SKILLS AND marginalised groups, community participation in local • Gross fixed capital formation (I): and dualistic/mixed economy (South Africa as an • SA’s infrastructure VALUES economic planning, empowerment and procurement example) • Service provisioning and access to - Definition - Composition economic opportunity - Importance • Main aggregates (GVA, GNE, GNI) REQUISITE • Production processes • National accounts, GDP, GDI, GDE (Constant vs Current GDP) • Economic questions, means of production, • Factors of production, basic processes, PRE- • Remuneration • Circular flow diagram markets. political systems, etc. growth and development KNOWLEDGE • Redress methods, etc • Participants in an economy, closed economy, open economy • Factor and product markets• Flows of the variables • Leakages and injections, GDP and GNI RESOURCES • YouTube videos, articles and newspaper • SARB Quarterly Bulletin, calculators, Statistics South Africa data manuals • Data items, newspaper clippings, SA Quarterly • Economics magazines (e.g., The (OTHER THAN publications (demographic and economic statistics) Bulletin, YouTube videos, etc. Economist), TV news bulletins, etc. TEXTBOOK) • SARB Quarterly Bulletin, Statistics SA TO ENHANCE data manuals, YouTube videos, examples LEARNING of quasi currencies of the world, etc. INFORMAL Class tutorials, homework activities, role-plays, class Class tutorials, class work activities, class tests, group activities, etc. • Informal research/survey activities, peer teaching, • Informal research/survey activities, peer ASSESSMENT work activities, etc. debates, class tutorials, class work activities teaching, debates, role play activities, class News articles related to the topic, data response work and homework activities activities SBA (FORMAL Task 1: Assignment Task 2: Controlled test 1 ASSESSMENT) 50 marks 100 marks, 1½ hrs Downloaded from hlayiso.com 1

2023/24 ANNUAL TEACHING PLANS: ECONOMICS: GRADE 11 2023/24 ANNUAL TEACHING PLANS: ECONOMICS: GRADE 11 (TERM 2) TERM 2 WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6 WEEK 7 WEEK 8 WEEK 9 WEEK 10 WEEK 11 CAPS TOPIC DYNAMICS OF THE MARKET: RELATIONSHIP BETWEEN DYNAMICS OF MARKETS: EFFECTS OF COSTS AND REVENUE DYNAMICS OF MARKETS: PRICE ELASTICITY REVISION & ASSESSMENT MARKETS CORE Analysis of the relationships between markets Explain and illustrate by means of graphs the effects of cost and revenue on prices Explanation of price elasticities and calculating their values CONCEPTS, Illuminate them with the aid of graphs and the levels of production Use graphs in presentation for illustration SKILLS AND • Relative prices • Objectives of businesses • Price elasticity of demand VALUES • Short-run costs: • Demand and supply relationships: • Price elasticity of supply - Substitutes - Total, average and marginal • Factors determining the elasticity of demand - Compliments - Cost schedules • Relationships between product and factor markets - Curves • Market structure: • Long-run costs: - Perfect and imperfect markets - Revenue calculations - Four basic market structure models - Changes in revenue - Characteristics and differences between the basic market structure - Profits and losses models - Note: Application of revenue and costs analysis should include production and the - Classification of market structure models into perfect and imperfect pricing of factors markets REQUISITE Markets, market forces of demand and supply, laws of demand and • Production costs, cost and revenue concepts, plotting a graph, calculating • Needs and wants, consumption, maximum satisfaction, price and PRE- supply, shifts in supply and demand, market in equilibrium, etc. averages, calculating marginal concepts, determining profit and loss value, market, demand and supply, income, substitutes and KNOWLEDGE Utility, marginal concepts, consumption, maximum satisfaction, price complementary goods and value, etc. RESOURCES Graph paper, magazines, newspaper articles, TV coverage of • Examples of income statements of different companies (manufacturing and service Any notebook (exam pad) with a “margin” to demonstrate, an elastic (OTHER THAN economic news, data items, etc. stores) – could be real or fictitious band, graph paper, a convenience product such as a chocolate cake TEXTBOOK) or marshmallows TO ENHANCE LEARNING INFORMAL Simulated activity, market game, class tutorials, homework activities, • Class tutorials and discussions/debates, group or peer presentations, homework Problem-solving based class tutorials, homework activities ASSESSMENT class work activities, etc. exercise and class tutorials SBA (FORMAL Task 3: Project Task 4: JUNE EXAMINATION ASSESSMENT) (50 marks) (150 x 2 papers = 300 marks, 2 hrs each) Downloaded from hlayiso.com 2

2023/24 ANNUAL TEACHING PLANS: ECONOMICS: GRADE 11 2023/24 ANNUAL TEACHING PLANS: ECONOMICS: GRADE 11 (TERM 3) TERM 3 WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6 WEEK 7 WEEK 8 WEEK 9 WEEK 10 WEEK 11 CAPS TOPIC ECONOMIC GROWTH ECONOMIC DEVELOPMENT MONEY AND BANKING REVISION & ASSESSMENT CORE Wealth creation process and patterns of distribution Measuring levels of development The composition of South Africa’s money and its banking CONCEPTS, • Wealth creation and patterns of distribution • Methods of development • Money SKILLS AND - Distribution • Common characteristics - Technical functions of money VALUES - Income and distribution - Low standard of living - Modern money - Wealth distribution - Low levels of productivity - Money-associated instruments - How much inequality? - High population growth and dependency burdens - The monetary system - The uses of the Gini coefficient and the Lorenz curve - High levels of unemployment - The value of money • Redistribution methods - Dependence on the primary sector - Stabilising the value of money • Economic growth - Deficient infrastructure • Banking - Meaning and importance • Developing strategies - The basic principles of credit creation - Methods • South African endeavours - Interest rates - Constraints on growth • Indigenous Knowledge Systems (IKS) • Micro-lending activities - South Africa’s recent growth experience • Central banking • Standard of living - Basic functions - Monetary policy • Bank failures and consequences REQUISITE • Economic redress, scarcity problem, needs and wants, production process, • Inequality and poverty, education and skills, sustainable job • Evolution of markets, money instruments, history of money, history of PRE- economic growth and development opportunities, unemployment, etc. banking, savings KNOWLEDGE RESOURCES • Statistics SA, SARB Quarterly Bulletin, business newspaper articles, YouTube • IMF Publications, TV and radio bulletins, internet, SA Yearbook, • Banking Association of South Africa (BASA) reports, SARB website, (OTHER THAN videos, GCIS booklet, Department of Economic Development, etc. Statistics SA data and SARB Quarterly Bulletin commercial banks’ brochures TEXTBOOK) TO • Newspaper Articles, TV coverage, Statistics SA data, bank notes and ENHANCE coins LEARNING INFORMAL • Case study, class tutorials, group activity with oral class tutorial and • Case study, class tutorials, group activity with oral class tutorial and • Case study tutorials, class activities, etc. ASSESSMENT discussions/debates, group and peer presentations, classwork and homework discussions/debates, group and peer presentations, classwork and • Group or peer presentations, homework and class work exercises and activities homework activities class tutorials SBA (FORMAL Task 5: Case study Task 6: Controlled test 3 ASSESSMENT) 50 marks 100 marks, 1½ hrs Downloaded from hlayiso.com 3

2023/24 ANNUAL TEACHING PLANS: ECONOMICS: GRADE 11 2023/24 ANNUAL TEACHING PLANS: ECONOMICS: GRADE 11 (TERM 4) TERM 4 WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6 WEEK 7 WEEK 8 WEEK 9 WEEK 10 CAPS TOPIC GLOBALISATION ENVIRONMENTAL DETERIORATION REVISION & ASSESSMENT ECONOMICS GR11 CORE • Meaning The environment PAPER 1 PAPER 2 CONCEPTS, • Causes • The problem 150 MARKS 150 MARKS SKILLS AND • Consequences • Protecting the environment 2 HOURS 2 HOURS VALUES • North/south divide • Approaches to sustainability MAIN TOPIC MAIN TOPIC • The global and local impact on South Africa MACROECONOMICS MICROECONOMICS REQUISITE • Poverty concept, scarcity problem, business cycles, market • Scarcity problem (promotion or violation of human rights and TOPICS TOPICS PRE- forces, South African economic growth and development the environment), economic redress (natural resources), KNOWLEDGE history, economic redress, etc. international trade, population dynamics (population size) • Factors of production and its remuneration • Relationships between markets • Economic goods & services • Effects of cost & revenue RESOURCES • Map of the world, TV coverage, data items, YouTube • Map of the world, TV coverage, data items, YouTube videos, • Economic systems • Price elasticity (OTHER THAN videos, statistics from various government departments etc. etc. TEXTBOOK) • South Africa’s economic structures TO ENHANCE MAIN TOPIC MAIN TOPIC LEARNING ECONOMIC PURSUITS CONTEMPORARY ECONOMIC ISSUES INFORMAL • Group or peer presentations, homework exercise and class • Group or peer presentations, homework exercise and class Practice examination type TOPICS TOPICS ASSESSMENT tutorials, debates and class discussions, case study tutorials, tutorials, debates and class discussions, case study tutorials, questions/informal activity booklets • Economic growth • Globalisation class activities, etc. class activities, etc. • Economic development • Environmental sustainability • Money & banking Cognitive levels Lower order – 30% Middle order– 40% Higher order– 30% SBA (FORMAL Revision and assessment ASSESSMENT) Downloaded from hlayiso.com 4