Gr.10 economics according to the South African syllabus.
Mr.Herion attempts to go home with his learners (not in a weird way). Good luck and happy studying.
In this topic, you will learn about:
In this topic, you are going to learn:
What we mean by the terms public sector and public enterprises How the government intervenes in the economy through indirect taxes How subsidies work What the welfare system is and how it works how the government intervenes in the economy through Maximum and minimum prices How government influences production How the government intervenes in the economy through minimum wages.
In this topic, you will learn about:
Aproduction possibility curve How a production possibility curve brings choice and scarcity together Which internal factors influence a production possibility curve Which external factors influence a production possibility curve How to maximise satisfaction from limited resources by means of an indifference curve The effects of inefficiencies.
I apologize for the echo. It is rectified in future podcasts
Markets?
What is a market Market structure Demand and Supply Equilibrium Functions of markets