Gr.12 Economics: Recent Episodes

Conrad Herion

Gr.12 Economics based on the South African syllabus.

Mr.Herion attempts to go home with his learners (not in a weird way) to improve their results in the National Senior Certificate examination.

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You made it!!!!!!!

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That final stretch!!

In this Podcast you will receive some amazing tips to ensure good results in paper 1!

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50% for Economics is a possibility

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50% for economics is a possibility

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Analyse environmental sustainability and investigate recent international agreements in this regard, for example the Rio de Janeiro and Johannesburg summits.

The state of the environment Measures to ensure sustainability International measures

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In this chapter you will learn:

The definition tourism Types of tourism Reasons for tourism Effects of tourism Benefits of tourism SA tourism patterns Policy suggestions regarding tourism

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In this topic, you will learn about:

Inflation Types and characteristics of inflation Causes and consequences of inflation The inflation problem in South Africa Measures to combat inflation.

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In this topic, you will learn about:

the performance of an economy economic indicators social indicators international comparisons.

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In this topic, you will learn about:

industrial development regional development South Africa’s endeavours the appropriateness of South African strategies.

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In this topic, you will learn about:

the demand-side approach the supply-side approach evaluation of the approaches used in South Africa the North-South divide.

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Market Failure

Productive and Allocative efficiency Externalities Missing Markets Lack of information Imperfect markets Immobility of factors of production Inequality of income

Government intervention

Cost benefit analysis

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Monopolistic competiton

Characteristics Profits and Losses Demand curve

Imperfect market essays

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Characteristics Profits and Losses Non-Price Competition Kinked Demand Curve

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Monopolies

Artificial vs Natural Monopolies Characteristics Profits and Losses

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Perfect Markets

Characteristics Profits and losses Price changes Competitions Policy Act