Ariellaresnick

These notes explain what mechanisation is, when it occurred and why and the two types of mechanisation. It also explains the different sectors in the South African economy. Additionally, it explains when colonisation and globalisation occurred, its reasons and effects. It also includes a table with the advantages and disadvantages of colonisation and globalisation. Lastly, it describes what industrialisation is, its characteristics, its advantages and disadvantages and when it began.

These notes discuss the laws of demand and supply with their relevant graphs, how market equilibrium if formed and what utility is (with an example of how it works, including a graph). It also explains the elasticities of demand, each with examples and graph snd the production possibility curve. Lastly, it explains the different types of markets, the effects of market failure and how governments intervene.

These notes include the definitions of unemployment, how to calculate unemployment, the causes and effects of unemployment as well as approaches to overcome unemployment. It explains the Phillips curve and the demand and supply side policies. It also explains the characteristics of the North and South (from the North and South divide)

These notes explain what the 4 causes are that affect population size, what affects population growth and how to calculate population growth and the different rates (natural growth rate, fertility rate and life expectancy rate). It also explains the demographic cycle and its different phases (with its essay included). Additionally, it explains migration, the labour force, the different types of unemployment with its definitions and employment

These notes explain the discovery of gold and diamonds as well as their positive/negative externalities. The money and banking section describes the functions of money and the 4 important elements of the monetary system. It also explains what interest rates are, how they are structured and the effects of changes in the interest rate. Additionally, the notes explain the 4 basic functions of SARB, the monetary policy functions and bank failures as well as its consequences

These essays explain the causes, effects and phases of business cycles. They explain why business cycles exist, what the consequences of them are and therefore explaining how they affect the economy. Lastly, it explains the phases (recession, depression, prosperity and boom/peak) and what occurs in each of them. These essays are easy to understand.

This essay explains the effects (consequences) of business cycles. It provides an easy and logical format, which makes it easy to understand. It allows you to understand why business cycles are important by showing how it affects the economy.

This essay will explain the causes of unemployment and why they exist. It provides reasons for business cycles. It is in simple language that is very easy to grasp and make sense off.

These essays explain the phases of business cycles with definitions. It will help you understand the phases (recession, depression, prosperity and boom/peak) and what occurs in each of these phases. It is in a simple and logical format, which makes it easy to understand and follow.

This bundle consisting of the circular flow notes as well as the essay explains what a circular flow is and how the different participants in the economy interact with one another. It should give a clear understanding on the topic in a simplified way that's easy to understand.