Grade 12 Economics

Chapters

Chapter 1: The circular flow model, national account aggregates and the multiplier

Chapter 2: Business cycles and forecasting

Chapter 3: The role of the public sector

Chapter 4: The foreign exchange market and the balance of payments accounts

Chapter 5: Protectionism and free trade

Chapter 6: The dynamics of perfect markets

Chapter 7: Dynamics of imperfect markets

Chapter 8: The reasons for and consequences of market failures

Chapter 9: Economic growth and development

Chapter 10: South Africa’s industrial policies and their suitability in terms of international best practice

Chapter 11: South African economic and social indicators

Chapter 12: Inflation

Chapter 13: Tourism

Chapter 14: Environmental sustainability