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Grade 10 learners can use X-kit Achieve! Economics study guide throughout the year to prepare for and pass exams. Concise, step-by-step explanations in plain language and worked examples make learning, understanding and remembering Economics easy. Current examples and case studies illustrate and contextualise Economics concepts, making them accessible to learners. Plenty of exercises, practice exam papers and memos prepare learners for tests and exams.
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- Demand Curve
- Factors of Demand
- Law of Demand
Economics Grade 10 - Demand
ECONOMICS GRADE 10
Topic: introduction to demand, by the end of this lesson, learners should know how to:.
- define Economics
- define demand
- state the law of demand
- list and discuss the factors which determine demand
- draw the demand curve using the demand schedule
- differentiate between changes in quantity demanded and changes in demand
Introduction to Economics
Welcome to economics grade 10 .
I bet you are all as excited as I am to be a part of this fun and interactive lesson in Economics. What is Economics? How would you define it to a friend or relative?
After discussing or defining Economics by yourself, you can click on the attached links below to view the definition of Economics both in video and written format.
Table of Content
Definition of demand - law of demand.
Demand has to do with the willingness and ability to buy a good or a service.
It refers to the quantities of goods and services that a consumer is willing and able to buy at a specific price, in any given point in time.
Demand is determined by the buyer (consumer).
See attached images for the definiton of demand and law of demand.
Demand and Law of demand
Example of Law of demand
Is the picture below illustrating demand? Why do you say so?
Factors that determine demand
Give the learners the corrections for the pre-activity:
- The quantities demanded for bread will decrease due to an increase in the price of bread. This means that bread has become expensive.
- Dineo will now buy less quantities of rice because she cannot afford more of it anymore since her salary decsreased from R3000 to R2000.
- They will demand more goods and services.
Below is a pictrue that shows illustrations of the factors that have an influence on demand.
You are also welcome to click on the link attached on this section that explains these factors that determine demand.
Pre-activity
Individual activity. Refer to what you have just read and heard about the factors that determine demand and answer the following questions:
- The price of bread increases from R10 to R15. What will happen to the quantities demanded for bread? (2)
- COVID-19 has had a negative effect on Dineo's salary which decreased from R3000 to R2000. What will now happen to Dineo's demand for rice if her salary decreases? (2)
- The population growth rate of South Africa has increased. Will the new members of this country demand to buy more or less goods? (2) TOTAL= 6
Position of the demand curve
CORRECTIONS FOR CLASSWORK ACTIVITY:
The position of the demand curve is downward slopping, from left to right. This is due to the law of demand .
When drawing a graph showing a demand curve, prices should be wriitten on the y-axis (from smallest to biggest price) and quantities on the x-axis (from smallest to biggest price). See the picture below to get a visual representation of the curve:
CLASSWORK ACTIVITY (DURING THE LESSON)
Use the demand schedule below to draw a graph showing a demand curve for chocolate bars. Label all axis carefully. (5)
Changes in quantity demanded versus changes in demand
CORRECTIONS FOR THE HOMEWORK ACTIVITY:
- Substitute goods are goods that can be used in the place of other goods in order to satisfy a need or a want. Examples: tea and coffe. Complementary goods are goods that can be used together with other goods in order to satisfy a need or a want. Examples: toothbrush and toothpaste.
- The demand curve is downward slopping because of the law of demand.
Changes in quantity demanded:
- Also known as 'movement along the demand curve'.
- Shown by the price of a good or service.
Changes in demand:
- Also known as 'shift of the demand curve'.
- Shown by the other factors of demand (such as level of income) besides the price of a good or a service).
The video below explains in detail the changes in quantity demanded and changes in demand. It also summarizes the content of this lesson. Click on the video below to watch it:
Homework: .
Individual work.
- Differentiate between substitute goods and complementary goods. (4)
- Why is the demand curve downward slopping? (1)
- Price of meat decreases from R50 to R20. What will happen to the portions (quantities) of meat you will be buying? Illustrate this using your own graph. You can use your own quantities. (2)
- Sam's income increases from R2000 to R2500. Will Sam buy more or less litres of milk? Answer this question using a graph. (2) TOTAL = 9
Grade 10 Economics
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Economics Grade 10
Economics grade 10 latest assignment and memos caps.
Economics Grade 10 Latest Assignment and Memos for CAPS Curriculum (Syllabus) South Africa: A National Curriculum and Assessment Policy Statement (CAPS) is a single, comprehensive, and concise policy document introduced by the Department of Basic Education for all the subjects listed in the National Curriculum Statement for Grades R – 12. CAPS gives detailed guidance for teachers on what they should teach and how to assess.
On this page you will find Economics Grade 10 Assignment and Memos for Term 1, Term 2, Term 3, and Term 4.
- 1 Available Assignment and Memos Economics Grade 10
- 2 More Education Resources
Available Assignment and Memos Economics Grade 10
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You can find Question Papers and Memos, Study Guides, and Textbooks for various grades below:
Economics Grade 10 Latest Lesson Plans for all Terms CAPS
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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.
- 1 What does Maluti-A-Phofung Special Economic Zone(MAPSEZ) Provide?
- 2 Questions and Answers
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 corridor and links to the Bloemfontein–Cape Town corridor.
The launch of the 1038 hectare special economic zone (SEZ)is part of government’s SEZ programme aimed at accelerating socio-economic growth and development in the region and part of the government’s programme of radical socio-economic change.
Questions and Answers
My Courses has a large Questions and Answers repository for the most popular High School and Tertiary Schools subjects. This comes in handy when doing your revision or preparing for exams, tests, research tasks, and assignments.
Distinguishing between Direct and Indirect Taxes: Provide an Example of Each
Distinguishing between Direct and Indirect Taxes : Provide an Example of Each: Let’s learn something about taxes. Taxes can be either direct or indirect. A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. Indirect taxes are basically taxes that can be passed on to another entity or individual. They are usually imposed on a manufacturer or supplier who then passes on the tax to the consumer.
- 0.0.1 Watch a quick explanation on direct vs indirect taxes
- 1 Examples of Direct Tax
- 2 Examples of Indirect Taxes
- 3 List of payable taxes in South Africa
Watch a quick explanation on direct vs indirect taxes
Did you know: The most common example of an indirect tax is the excise tax on cigarettes and alcohol. Value-Added Taxes (VAT) are also an example of an indirect tax.
Examples of Direct Tax
- Corporation Tax,
- Property Tax, Inheritance Tax, and
Examples of Indirect Taxes
- Customs tax
List of payable taxes in South Africa
- Air Passenger Tax
- Capital Gains Tax
- Corporate Income Tax
- Diamond Export Levy
- Dividends Tax
- Donations Tax
- Estate Duty
- Excise Duties and Levies
- International Oil Pollution Compensation Fund Levy
- Mineral and Petroleum Resource Royalty
- Pay As You Earn
- Personal Income Tax
- Provisional Tax
- Securities Transfer Tax
- Skills Development Levy
- Transfer Duty
- Turnover Tax
- Unemployment Insurance Fund
- Value Added Tax
- Withholding Tax on Interest
- Withholding Tax on Royalties
https://apps.irs.gov/app/understandingTaxes/teacher/whys_thm04_les04.jsp
https://corporatefinanceinstitute.com/resources/knowledge/other/indirect-taxes/
https://economictimes.indiatimes.com/definition/direct-tax
Economics Grade 10 Essays pdf download
Economics Grade 10 Essays pdf download: Below are some essay or speech topics for grade 10 learners that they can use as a guide in South African context.
- The balance between demand and supply
- Consumer demand theory
- The theory of production: The process of changing materials into products
- The structure of a market and the system that comprises it
- The labor economics
- The information economics
- The economics of market structure in South Africa
- Opportunity costs
- 10 principles of economics
- The difference between long term and short term economic growth
- Recession in the economy of any country and its causes
- Pros and cons of the current money system in South Africa
- The place of small and family business in the economy
- Poverty in relations to the economics of the particular country
- The economic policy (of your choice) tool and its effectiveness
- The effect of immigration on the economy
- The impact of trade policies on the economics of South Africa
- The effects of interest rates on any individual or business
- The current employment rate in South Africa and its Impact
- Impact of Inflation in South African Economy
- The relationship between income and the happiness of a person
- The relationship between economics and housewives in South Africa
- The beer industry in South Africa
- Reasons why all students should learn their country’s economy
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Economics Grade 10 past Exam Papers and Memos pdf download
Get access to all the grade 10 past economics exam papers and memos from previous years to help you prepare for your upcoming test..
Are you looking for the Economics Grade 10 Exam Papers and Memos? Do you want to get ready for your upcoming school exams? If yes, then this article is for you. Read on to know more about the grade 10 Economics past exam papers, memos and notes. Also, we have listed some of the best study materials to crack your upcoming exams and interviews. Read on to know more.
Preparing for the Grade 10 Economics exam can be challenging. You need to find resources that not only explain the concepts of each topic but also cover everything you need to know.
The best way to get ready for your upcoming test is by cracking as many practice tests and past papers as you can find. These will help you identify any holes in your knowledge and give you an idea of the scope of the exam so that you can develop a study plan accordingly.
We have listed some useful resources below, where you will find all the information about Grade 10 Economics exam past papers and memos from past years.
Table of Contents
How to access Economics Grade 10 past Exam Papers and Memos
The Department of Basic Education has released the grade 10 Economics exam papers and memos. We have made them available for download below.
The papers and memos have been made available by the department in order to help learners prepare for their exams. They are an excellent resource to use in conjunction with a study guide or revision course.
We would like to remind learners that these papers and memos are not intended to be used as a sole source of revision. Instead, they should be used as a supplement to other study materials.
The Grade 10 Economics Papers and Memorandum Pdf can be downloaded below.
List of available Economics Grade 10 Term 1 March 2022 Question Papers and Memorandums
- Economics-Grade-10-March-2022-QP Download
2021 papers:
Term 1 April:
Term 2 June:
List of Economics Grade 10 2020 November Past Exam Papers and memo
- ECONOMICS-P1-QP-GR10-NOV2020_English Download
- ECONOMICS-P1-QP-GR10-NOV2020_Afrikaans Download
- ECONOMICS-P1-MEMO-GR10-NOV2020_English Download
- ECONOMICS-P1-MEMO-GR10-NOV2020_Afrikaans Download
- EKONOMIE-V2-GR10-VRAESTEL-NOV-2020 Download
- EKONOMIE-V2-GR10-MEMORANDUM-NOV-2020 Download
- ECONOMICS-P2-MEMO-GR10-2020-ENG Download
- ECONOMICS-P2-GR10-QP-NOV-2020-ENG.docx Download
List of Economics Grade 10 November 2019 past papers and memos
- ECONOMICS-P1-QP-GR10-NOV-2019_Eng-D Download
- ECONOMICS-P1-QP-GR10-NOV-2019_Afr-D Download
- ECONOMICS-P1-MEMO-GR10-NOV-2019_English Download
- ECONOMICS-P1-MEMO-GR10-NOV-2019_Afrikaans Download
- ECONOMICS-P2-GR11-QP-NOV2019_Eng-D Download
- ECONOMICS-P2-GR10-QP-NOV2019_EngD Download
- ECONOMICS-P2-GR10-QP-NOV2019_Afr-D Download
- ECONOMICS-P2-GR10-MEMO-NOV2019_English Download
- ECONOMICS-P2-GR10-MEMO-NOV2019_Afrikaans Download
Grade 10 Economics Exam Papers and Memos 2018
Grade 10 economics past papers and memorandum additional resources.
To help you prepare for your upcoming exam, we have also compiled a list of helpful Economics Grade 10 Papers and Memorandum Pdf resources.
- Department of Basic Education Grade 10 Exams
- Eastern Cape Papers and Memorandum
- Free State Papers and Memorandum
- Gauteng Papers and Memorandum
- KwaZulu-Natal Papers and Memorandum
- Limpopo Papers and Memorandum
- Mpumalanga Papers and Memorandum
- Northern Cape Papers and Memorandum
- North West Papers and Memorandum
- Western Cape Papers and Memorandum
Final words
There are a few things to keep in mind when looking for Economics grade 10 exam papers and memos.
First, make sure that the papers and memos are from reputable sources. There are a lot of websites out there that claim to have the most up-to-date and accurate information, but many of them are actually scams.
Second, take the time to read through the papers and memos before using them. This will help you to get a better understanding of the material and how it is supposed to be used.
Finally, make sure to practice with the papers and memos before the actual exam. This will ensure that you are fully prepared and will not be caught off guard by any of the questions.
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PA Grade CDAC Meeting Minutes 2023-10-12
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Economics is an exciting and interesting subject to study because it touches every area of your life. There is nothing that you do that is not related to economics. We all make economic decisions every day of our lives, and economics can help to improve our decision-making. Economics offers a way of thinking about the world that enables us to
Grade 10 Economics Study Guide. Grade 10 learners can use X-kit Achieve! Economics study guide throughout the year to prepare for and pass exams. Concise, step-by-step explanations in plain language and worked examples make learning, understanding and remembering Economics easy. Current examples and case studies illustrate and contextualise ...
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Demand has to do with the willingness and ability to buy a good or a service. It refers to the quantities of goods and services that a consumer is willing and able to buy at a specific price, in any given point in time. Demand is determined by the buyer (consumer). See attached images for the definiton of demand and law of demand.
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Look no further than the Economics Exam Papers and Memos app! Our app provides access to a wide range of past exam papers and memos, covering topics in micro and macro economics to help you master your economics skills. Here are the topics covered in each term: Term 1. Basic concepts in economics.
Economics Grade 10 Notes. Economics 100% (47) 46. Economics Grade 12 Notes. Economics 99% (71) 33. 2021-2023 GR12 Economics P1 Essays Final. Economics 97% (119) 16. Inflation - notes . Economics 97% (92) 20. Chapter 1-The circular flow model, national account aggregates and the multiplier. Economics 97% (39) More from: Erika Botha.
This book is intended for grade 10 students in Ethiopia. Economics starts at grade 9, thus this book is subsequent to that. Students will learn subsequent content similar to that of the previous grade. Accordingly, there is a little depth and width in terms of theories and applications. The book has eight units.
In-house Expert. Economics Grade 10 Essays pdf download: Below are some essay or speech topics for grade 10 learners that they can use as a guide in South African context. The balance between demand and supply. Consumer demand theory. The theory of production: The process of changing materials into products.
The Department of Basic Education has released the grade 10 Economics exam papers and memos. We have made them available for download below. The papers and memos have been made available by the department in order to help learners prepare for their exams. They are an excellent resource to use in conjunction with a study guide or revision course.
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40-41. 4.4 Programme of Assessment Amend Grade 10-11 POA to accommodate 2 papers. 41 4.4.1. Add assignment, change project to Research Project. 42 Presentation and Report. Move to informal tasks page 39 under 4.2. 43 Mid - year. Change duration of papers for Grade 10 to 1.5 hours and Grade 11 and 12 to 2 hours. 43 Grade 12 Trial examination.
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The mission of the Department of Community and Economic Development (DCED) is to foster opportunities for businesses to grow and for communities to succeed and thrive in a global economy. ... PA Grade CDAC Meeting Minutes 2023-10-12. April 19, 2024. Categories: Meeting Minutes: File Type: Download: 1: Size: 142.49 KB: Create Date: April 19 ...
ECONOMICS ASSIGNMENT TERM 1 GRADE 10 MARKS: 50 DURATION: 2 HOURS. 2. INSTRUCTIONS AND INFORMATION 1. Number the answers correctly according to the numbering system used in the assignment. 2. Read the questions carefully. 3. Answer the questions in full sentences and ensure that the format, content, and context of your response comply with the