economics grade 12 case study term 3 memorandum 2023

Economics Grade 12 Study Resources Directory

Economics Grade 12 2023 June 2023 Exam Question Papers and Memorandum pdf download

For those aiming to excel in the Economics Grade 12 June 2023 exam papers and memos, a wide array of resources is at your disposal. These papers, alongside their detailed memorandums, serve as a vital study aid. They not only provide a glimpse into the structure and content of the exams but also furnish you … Read more

Economics Grade 12 2023 November Final Exam Question Papers and Memos PDF

Economics Grade 12 2023 November Final Exam Question Papers and Memos: On this page, you will find downloadable PDF documents of Economics Grade 12 2023 November Final Exam Question Papers and Memos. These papers are useful for exam preparations and revisions. The exam question papers on this page are for CAPS curriculum of South Africa, … Read more

List of Five goods on which no vat is charged in South Africa

List of Five goods on which no vat is charged in South Africa: Here’s a quick look at five goods on which no VAT (Value Added Tax) is charged, offering a glimpse into items exempted from this tax to provide consumers with essential needs without the added financial burden. No VAT Charged Goods Description/Examples Importance … Read more

New Economic Paradigm Grade 12 Essay Guide

Writing an essay on the new economic paradigm for a Grade 12 level can be quite an engaging task. Let’s break it down using the guidelines you provided to make it easier to understand: Introduction: Start by introducing what the new economic paradigm is. In simple terms, this paradigm focuses on making long-term, stable decisions … Read more

The Movement of Goods and Services in the Circular Flow

The circular flow of goods and services is a fundamental concept in economics that provides a simplified representation of how money, goods, and services move throughout an economy. This model features two key players: households and businesses. By understanding the circular flow of goods and services, we can gain a better grasp of the inner … Read more

Name the Special Economic Zone which is in the Free State province

Name the Special Economic Zone which is in the Free State province: Name the Special Economic Zone which is in the Free State province is Maluti-A-Phofung Special Economic Zone (MAPSEZ), in Harrismith Free State. What does Maluti-A-Phofung Special Economic Zone(MAPSEZ) Provide? The zone provides road and rail logistics and handling facilities for the Gauteng–Durban port … Read more

Economics Grade 12 November 2020 Question Papers and Memos

Economics Grade 12 November 2020 Question Papers and Memos pdf download. List of Economics Grade 12 November 2020 Question Papers and Memos Paper 1 Paper 2 Other Previous Papers 2022 Economics Grade 12 Exam Papers and Memos Below are the 2022 Economics Grade 12 Exam Papers and Memos in pdf format: Term 1: Feb/March: Term … Read more

Economics Grade 12 All Exam Papers and Memos 2023 – 2016 for All Years All Terms

Find all Economics Grade 12 Paper 1 and Paper 2 previous exam question papers and memorandums (memos) for all the years (2023, 2022, 2020, 2021, 2020 – 2015) in pdf downloadable format. At My Courses, we have collected almost every paper ever written for Economics Grade 12  per school terms: Term 1 Papers, Term 2, … Read more

Economics Grade 12 May -June 2021 NSC DBE Exam papers and Memos

On this page, you will find Economics Grade 12 May – June 2021 NSC DBE Exam papers and Memos. The papers are in English and Afrikaans. The papers are already extracted for you to download as pdf files on your mobile device or computer. Grade 12 Economics students are expected to write a mid-year exam (June Exams). Marks for … Read more

Economics Grade 12 November 2022 Exam Question Papers and Memos Paper 1 + Paper 2

Find all term 4 Economics Grade 12 November 2022 Exam Question Papers and Memos Paper 1 + Paper 2. These past papers will be useful for your Economics revision studies. As a grade 12 learner, this is your last year of demonstrating that you are capable of achieving greatness in High School. More especially considering … Read more

• English First Additional Language
• Mathematics
• Mathematical Literacy
• Business Studies
• Agricultural Science
• Life Sciences
• Physical Sciences

Grade 12 Economics

The following topics make up each of the TWO exam papers that you write for the Economics examination:

• Macro-economics: Circular flow, Business cycles, Public sector, Foreign exchange markets, Protectionism and Free Trade
• Micro-economics: Perfect markets, Imperfect markets, Market failure
• Economic pursuits: Growth and Development, Industrial development policies, Economic and social performance indicators
• Economics issues: Inflation, Tourism, Environmental sustainability

MULTIMEDIA RESOURCES

Video tutorials, study guides, audio lessons, test your knowledge, national senior certificate exam papers, senior certificate (amended) exam papers.

Economics Grade 12 Exam Question Papers, Control Tests and Notes 2023

Grade 12 economics exam paper 1 and 2 may-june 2019 and memo english.

Grade 12 Economics Exam Paper 1 and 2 May-June 2019 and Memo English List of Grade 12 Economics Exam Paper 1 and 2 May-June 2019 and Memo English Paper 1: Paper 2 Hello Grade 12 Learners. Modern Classroom has everything for you needed to pass your matric exams, tests, assessments, research tasks and assignments under … Read more

Economics Grade 12 November 2021 Examination Final Question Papers with Memos to revise with

The best way to pass your Economics Grade 12 exams is to use the previous question papers. On this page, you will be able to download the 2021 November Grade 12  Economics  final exam papers that come with memorandums to guide learners on how to answer. The proper way of doing revision is to give … Read more

Economics Grade 12 Essays pdf download (South Africa)

Economics Grade 12 Essays pdf download (South Africa):

DISCUSS IN DETAIL REGIONAL DEVELOPMENT IN SOUTH AFRICA IN TERMS OF THE INTERNATIONAL BENCHMARK CRITERIA.

INTRODUCTION -Regional development is the establishment of new industries in areas that are underdeveloped in order to create employment and improve the standard of living.

MAIN PART THE INTERNATIONAL BENCHMARK CRITERIA

1. Good governance. -Regional development strategies should be managed effectively and free of corruption. -Democratic decision making, transparency, financial management and control should be a culture of the organisations. -Projects should be correctly programmed, monitored and evaluated.

2. Integration. -An integrated approach, ensuring that the benefits of one region spill over to other industries and areas. -This can be in the form of infrastructure or social services.

3. Partnerships -Partnerships should be built between central government, local authorities and civil society. -These partnerships encourages commitment which leads to good results.

4. Provision of resources -Sufficient resources should be provided in resource-poor areas. -When infrastructure and human resources are available in the rural areas the business will be attracted to invest there which will lead to economic growth.

5. Competitiveness.

-Industries or business established as a result of regional policies should be competitive and not need ongoing financial aid from government. -This encourages self sufficiency and independence which in turn improves economic growth.

6. Investment in social capital. -Governments need to improve the quality of education and healthcare in a region. -Development for people involves providing essential services and goods that improve the living standard of people in a region. -Examples include food, housing and security

7. Free market orientation -The government will have to allows the forces of demand and supply to be the ones that regulates the market. – This can be done by removing barriers that block other businesses from entering the market in order to encourage competition.

8. Sustainability -The government should find measures to ensure that we do our economic activity in such a way that we do not harm the environment. -The use of local resources will also offer the most cost-effective solutions.

CONCLUSION -The South African government has entered into several agreements and projects that support development in Southern Africa for the benefit of South Africa.

Hello Grade 12 Learners. Modern Classroom has everything for you needed to pass your matric exams, tests, assessments, research tasks and assignments under CAPS Curriculum . Feel free to explore all resources for grade 12, such as Study Guides, DBE Past Exam Papers with Memos , and Speech Topics . That’s if you want to know how to pass grade 12 with distinctions in South Africa Modern Classroom

Why passing Grade 12 is very important

Grade 12 ultimately prepares you for the real world out there, and most importantly matric is your ultimate gateway for varsity. You really need good marks in Grade 12 in order to pass well and study what you like . Good Grade 12 marks means good APS Score.

The calculation of an Admission Point Score (APS) is based on a candidate’s achievement in any SIX recognised National Senior Certificate 20-credit subjects (including subjects from the non-designated subject list, e.g. CAT , Tourism , Hospitality Studies and Civil , Electrical & Mechanical Technology , etc.), by using the NSC seven-point rating scale. Life Orientation is a 10-credit subject and may not be used for calculating the APS. Life Orientation is also not a faculty-specific subject requirement.

Have you made your career choice yet?

Now that you are in your final year of studies, have you made up your mind about what career you want to pursue after matric? Have a look at below questions and click on the links for more information:

Do you know:

• If you want to study at a University or College ?
• What career do you plan to pursue after school ?
• What subjects you will need to study for this career?
• Which country do you want to study at, Canada maybe?
• How will you pay for your studies?

5 Ways to Pass Matric with Distinction?

• Teach your friends the subject you know the most. Teaching others makes you learn faster
• Manage your time properly. Learn to focus at one task at a time.
• Gather all learning material about a subject and try answering previous exam papers and tests
• Ensure you do have 8 hrs of sleep every night so that you will always be productive.
• Remove all destructions around you, such as: TV, CellPhone, Noisy people, etc. If you cant, go to the library or study at school.

Grade 12 Economics Exam Paper 1 and 2 May-June 2019 and Memo Afrikaans

Grade 12 Economics Exam Paper 1 and 2 May-June 2019 and Memo Afrikaans: Economics Paper 1 Question Paper and Memo (Afrikaans): Economics Paper 2 Question Paper and Memo (Afrikaans): Hello Grade 12 Learners. Modern Classroom has everything for you needed to pass your matric exams, tests, assessments, research tasks and assignments under CAPS Curriculum. Feel … Read more

Economics Grade 12 November 2022 Exam Question Papers with Memos for Revision

Economics Grade 12 November 2022 Exam Question Papers with Memos (that contain answers) for Revision: The papers are in a pdf format. There are several reasons why grade 12 learners should use the 2022 November as well as other previous past exam papers for revisions in accordance with the CAPS curriculum. Some of these reasons … Read more

Economics Grade 12 June 2021 exam papers and memos for downloads

Economics Grade 12 June 2021 exam papers and memos for downloads Heads up! Modern Classroom has 100s of resources for you to ace your next tests, assignment, project, test, and exams for Grade 12 this year.  If you want to explore more study resources for Grade 12, Click Here“ The secret of getting ahead is getting … Read more

Economics Grade 12 2020 November Exam Paper and Memo

Economics Grade 12 2020 November Exam Paper and Memo: List of Economics Grade 12 2020 November Exam Paper and Memo Hello Grade 12 Learners. Modern Classroom has everything for you needed to pass your matric exams, tests, assessments, research tasks and assignments under CAPS Curriculum. Feel free to explore all resources for grade 12, such … Read more

Economics Grade 12 Mind the Gap Study Guide Download (South Africa)

This Mind the Gap study guide helps you to prepare for the end-of-year CAPS Economics Grade 12 exam. The study guide does NOT cover the entire CAPS curriculum, but it does focus on core content of each knowledge area and points out where you can earn easy marks. You must work your way through this … Read more

Economics Grade 12 Annual Teaching Plan (ATP) for 2023

Find recent Annual Teaching Plans (ATP) for 2023 Economics Grade 12. Annual Teaching Plans are prescribed by the Department of Basic Education of South Africa. The ATP document for Economics Grade 12 is a pdf downloadable document. falls within the of education level. What are Annual Teaching Plans used for? Annual Teaching Plans (ATP), are … Read more

Economics Grade 12 Study Guide pdf free Download

Economics Grade 12 Study Guide pdf free Download: The Economics exam consists of TWO × 11⁄2 hour papers of 150 marks each. The paper consists of SIX questions divided into three sections. Question ONE is COMPULSORY. There are FIVE other questions from which THREE must be answered. The detailed requirements for each section are shown … Read more

• ACCOUNTING TERM 3 CASE STUDY: BUDGETING

GRADE 12 ACCOUNTING: TERM 3 CASE STUDY BUDGETING: INFORMATION SHEET

JOHN’S DELIVERY SERVICES The information relates to John’s Delivery Services for the budget period July – September 2022. John Dew, the owner, started the business on 1 July 2022, after he was retrenched from his previous employment at a large delivery service company.

John’s investment (capital contribution) in the business comprises:

• His retrenchment package which amounted to R580 000.
• The following fixed assets, at carrying value on 1 July 2022.

To supplement his capital contribution, he has negotiated, and received a loan from Plus Bank for R240 000. The money was deposited into the business bank account on 1 July 2022. The terms of the loan are as follows:

• R6 000 to be paid at the end of each month, commencing on 31 July 2022
• Interest at 14% p.a. payable on the last day of each month (not capitalised).

John also has a fixed deposit that will mature on 31 July 2022. This earns interest at 8,5% p.a. (not capitalised). He intends to use this money and the interest, for business purposes. On 1 July 2022, John purchased a used bakkie for R165 000 in the name of the business, and uses the same depreciation policy for both business vehicles. He employed his cousin, Vinny, to drive this bakkie, making deliveries to clients. Vinny earns a monthly salary of R16 000. John runs the business from premises that he rented from the inception of the business, and pays a fixed monthly rental of R5 500. The premises has a garage for the vehicles, a workshop and an office. He employs his friend as the maintenance and general handyman, who earns R6 000 per month, and a receptionist who manages the clients and the general office administration duties. She is paid R1 120 per week (5 days per week; 4 weeks per month; 7 hours per day). Delivery services are offered to cash and credit customers. Fee income from cash customers accounts for 30% of the budgeted total fee income. Although credit terms are 30 days, John expects 45% of outstanding accounts to be settled in the month of services rendered and 55% to be received in the month following the month of services being rendered. Packing material and other consumable stores are related to the provision of services and is budgeted at 25% of the total fee income.

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• 60% of these supplies are purchased on credit.
• Creditors are paid in the month following the month of purchases, to receive the 5% early-payment discount.

The receptionist requested that John reduce her terms of employment as she wants to take up another part-time job opportunity as a tutor for evening class learners, commencing on 1 September 2022. John agreed to this proposal as the receptionist is mainly needed in the mornings. As from 1 September, she will work for only 4 hours per day (instead of the 7 hours) and her pay will be adjusted accordingly. Extract from the Cash Budget for the Budget period:

Incomplete Debtors Collection Schedule:

Comparison of PROJECTED figures and ACTUAL figures for July 2022:

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2023/ 2024 ATP Economics Gr. 12 T1 - 4

Please see the 2023/ 2024 Annual Teaching Plan (ATP) for Economics for the FET Phase.

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