TMS3709
ASSIGNMENT 6
2023
, 1. According to the CAPS policy, Economics as a school subject is categorized into three parts:
a Microeconomics focuses on the examination of individual economic entities, such as
households, businesses, and markets. It delves into how these entities make decisions
concerning the allocation of limited resources and how these choices influence market
dynamics.
b) Macroeconomics, on the other hand, concentrates on studying the overall behavior of an
entire economy. It explores factors like national income, unemployment, inflation, and
economic growth, as well as government policies and interventions aimed at stabilizing the
economy and achieving favourable macroeconomic goals.
c) The section on the South African Economy specifically investigates South Africa's economic
landscape, encompassing its historical economic evolution, current economic trends, and
prospects for future development. It evaluates the distinct economic challenges that South
Africa faces, including issues like poverty, inequality, unemployment, and structural
obstacles. Additionally, it assesses the impact of governmental policies in addressing these
challenges and promoting sustainable economic growth.
.
2. The skill to challenge learners is crucial for economics teachers to effectively teach the
subject. This skill involves the ability to encourage critical thinking, engage in debates, and
question existing economic theories and concepts. Here are some key points to consider in
discussing this skill:
a) Encouraging critical thinking: Economics teachers must facilitate an environment that
stimulates critical thinking among learners. They should encourage students to question
assumptions, analyze data, evaluate arguments, and consider multiple perspectives. By
challenging learners to think critically, teachers foster a deeper understanding of economic
concepts and encourage independent thinking.
b) Engaging in debates: Teachers should facilitate debates and discussions that encourage
students to challenge and defend various economic viewpoints. This helps students develop
their analytical and argumentative skills, while also broadening their understanding of
different economic ideologies and approaches. Debates allow learners to critically assess the
strengths and weaknesses of various economic theories, stimulating intellectual growth and
fostering a deeper understanding of the subject.
ASSIGNMENT 6
2023
, 1. According to the CAPS policy, Economics as a school subject is categorized into three parts:
a Microeconomics focuses on the examination of individual economic entities, such as
households, businesses, and markets. It delves into how these entities make decisions
concerning the allocation of limited resources and how these choices influence market
dynamics.
b) Macroeconomics, on the other hand, concentrates on studying the overall behavior of an
entire economy. It explores factors like national income, unemployment, inflation, and
economic growth, as well as government policies and interventions aimed at stabilizing the
economy and achieving favourable macroeconomic goals.
c) The section on the South African Economy specifically investigates South Africa's economic
landscape, encompassing its historical economic evolution, current economic trends, and
prospects for future development. It evaluates the distinct economic challenges that South
Africa faces, including issues like poverty, inequality, unemployment, and structural
obstacles. Additionally, it assesses the impact of governmental policies in addressing these
challenges and promoting sustainable economic growth.
.
2. The skill to challenge learners is crucial for economics teachers to effectively teach the
subject. This skill involves the ability to encourage critical thinking, engage in debates, and
question existing economic theories and concepts. Here are some key points to consider in
discussing this skill:
a) Encouraging critical thinking: Economics teachers must facilitate an environment that
stimulates critical thinking among learners. They should encourage students to question
assumptions, analyze data, evaluate arguments, and consider multiple perspectives. By
challenging learners to think critically, teachers foster a deeper understanding of economic
concepts and encourage independent thinking.
b) Engaging in debates: Teachers should facilitate debates and discussions that encourage
students to challenge and defend various economic viewpoints. This helps students develop
their analytical and argumentative skills, while also broadening their understanding of
different economic ideologies and approaches. Debates allow learners to critically assess the
strengths and weaknesses of various economic theories, stimulating intellectual growth and
fostering a deeper understanding of the subject.
