EMS
Economic and Management Sciences
Staff
Subject Head
Mrs Loraine Wilson, NCTD (Cape Tech), FDE (Unisa)
Click here to view the contact details of Mrs Wilson.
N. Bielby, HDE (Commerce) (Rhodes)
Click here to view the contact details of Mr Bielby.
Mr Hannes Roelofse, BCom Ed (UPE)
Click here to view the contact details of Mr Roelofse.
Overview
Students study private, public or collective use of resources in satisfying needs and wants, with the impact of exploiting resources. Learning objectives focus on the economic cycle, sustainable growth and development, and managerial, consumer, financial and entrepreneurial knowledge and skills.
Economic Management Sciences is offered to Grade 8 and 9 students (GET phase). This subject is a combination of other subjects, namely: Business Economics/Studies; Accounting; Economics and Entrepreneurship.
Brief Policy
Economic and Management Sciences aims to:
Develop entrepreneurial opportunities
Explore education and career opportunities
Identify and solve problems and make decisions using critical and creative thinking.
Work effectively with others as members of a team, group organisation and community
Collect, analyse, organise and critically evaluate information
Participate as responsible citizens in the life of local, national and global communities
Homework
Homework will be set as often as possible, every day if necessary. CTA’S provided by the Education Department should also be worked through as part of revision.
Grade 8 Information
Curriculum
The historical development of money
Imports, Exports and the foreign sector
Banking in South Africa
Economic systems
Inflation
Composition of a market
Factors of production
The South African Economy and Trade Unions
Principles of supply and demand
The Reconstruction and Development Programme
The National Budget
Technology and Productivity
Entrepreneurship
Incentives schemes and financing for small businesses
Idea generation
The SWOT analysis
The Business Plan
Marketing and advertising
Purchasing, Production and Financing
Engaging in business activities
Small, medium and micro enterprises
Tests and Forms of Assessment
Term 1 2 Standardised class tests; 2 Case studies; Banking Poster
Term 2 1 Standardised class test; June Examination; 1 case study
Term 3 Inflation Project; 1 Case study; 2 Standardised tests
Term 4 Market day evaluation and Business Plan; November Examination
Examinations
Examinations are written in June (set internally) and in November (set internally) covering all the work done during the year.
Textbooks
EMS 8 & 9 Mind Action Series - K. Checkley, A. Slabber and R. Castle
Grade 9 Information
Curriculum
Net worth and Business Terminology
Establishing a business
Recording basic cash transactions of a service undertaking
Recording basic cash transactions of a trading undertaking
Credit sales and receipts from customers
Credit purchases and payments to suppliers
Financial Statements and interpretation of financial information
Savings, Investments and Borrowed money
Human resources
Tests and Forms of Assessment
Term 1 2 Standardised class tests; 2 case studies; Task : National budget
Term 2 1 Standardised class test; June Examination; Trade Union Brochure; 1 Case study
Term 3 Inflation Project; 1 case study; Task, 2 Standardised class tests
Term 4 Accounting Examination; CTA A & B
Examinations
Examinations are written in June (set internally) and in October an Accounting examination (set internally) is written to help pupils decide whether they should take accounting in grade 10. In November the pupils write CTA’s (Common Task Assessment) section is done during the 4th term while section B is done during the November examinations (both set externally and marked internally)
Textbooks
EMS 8 & 9 Mind Action Series - K. Checkley, A. Slabber and R. Castle
