PROVINCE OF THE

EASTERN CAPE
EDUCATION

DIRECTORATE
CURRICULUM FET PROGRAMMES
LESSON PLANS
ECONOMICS
GRADE 12
TERM 3
FOREWORD

The following Grade 10, 11 and 12 Lesson Plans were developed by Subject Advisors during May 2009. Teachers are requested to look at
them, modify them where necessary to suit their contexts and resources. It must be remembered that Lesson Plans are working documents,
and any comments to improve the lesson plans in this document will be appreciated. Teachers are urged to use this document with the
following departmental policy documents: Subject Statement; LPG 2008; SAG 2008; Examination Guidelines 2009 and Provincial CASS
Policy / Guidelines.

Lesson planning is the duty of each and every individual teacher but it helps when teachers sometimes plan together as a group. This
interaction not only helps teachers to understand how to apply the Learning Outcomes (LOs) and Assessment Standards (ASs) but also builds
up the confidence of the teachers in handling the content using new Teacher strategies.

It must please be noted that in order to help teachers who teach across grades and subjects, an attempt has been made to standardise lesson
plan templates and thus the new template might not resemble the templates used in each subject during the NCS training. However, all the
essential elements of a lesson plan have been retained. This change has been made to assist teachers and lighten their administrative load.

Please note that these lesson plans are to be used only as a guide to complete the requirements of the Curriculum Statements and the work
schedules and teachers are encouraged to develop their own learner activities to supplement and /or substitute some of the activities given
here (depending on the school environment, number and type of Learner in your class, the resources available to your Learner, etc).

Do not forget to build in the tasks for the Programme of Assessment into your Lesson Plans.

Strengthen your efforts by supporting each other in clusters and share ideas. Good Luck with your endeavours to improve Teacher, Learning
and Assessment.

Page 2 of 21 Economics Term 3 Lesson Plans Grade 12

SUBJECT: ECONOMICS GRADE:12
TOPIC: SOUTH AFRICA’S INDUSTRIAL DEVELOPMENT POLICIES
CONTENT : REGIONAL INDUSTRIAL DEVELOPMENT POLICIES
INTEGRATION WITH OTHER SUBJECTS: GEOGRAPHY
LEARNING OUTCOME 1: Macro-
economics.
The learner is able to demonstrate
knowledge, critical understanding and
application of the principles, processes
and practices of the economy.
12.1.1. Present the circular flow
model as a macroeconomic
model, deduce and analyse the
national account aggregates, and
derive and apply the multiplier
12.1.2. Analyse the explanations of
business cycles and discuss how
business cycles are used in
forecasting.
12.1.3. Evaluate the role of the
public sector in the economy with
special reference to its
socioeconomic responsibility in the
South African context
12.1.4. Examine the foreign
exchange market and the
establishment of exchange rates,
and show how the balance of
payments account is affected.
TEACHER ACTIVITIES
Asks questions on South Africa’s
development policies
Page 3 of 21
LESSON PLAN: 01
LEARNING OUTCOME 2: Micro-
economics
The learner is able to demonstrate
knowledge, understanding and the
appropriate skills in analysing the
dynamics of markets.
12.2.1. Examine the dynamics of
perfect markets with the aid of
cost and revenue curves.
12.2.2. Explain the reasons for
and consequences of market
failures and reflect on cost-
benefit analysis
12.2.3. Examine the dynamics of
imperfect markets with the aid of
cost and revenue curves
LEARNER ACTIVITIES
Brainstorm and answer questions
Economics Term 3 Lesson Plans
TERM 3 TIME: 4 HOURS
LEARNING OUTCOME 3: Economic
pursuits:
The learner is able to demonstrate
knowledge, understanding and critical
awareness of the principles and practices
underpinning the improvement of the
standard of living.
12.3.1. Compare and evaluate South
African growth and development policies
in terms of international benchmarks,
and highlight the North/South divide.
12.3.2. Discuss South Africa’s industrial
development policies and assess their
suitability in terms of international best
practice.
12.3.3. Discuss protectionism and free
trade, and evaluate South African
international trade policies and major
protocols in terms of these.
12.3.4. Analyse and discuss the South
African economic and social
performance indicators and their uses.
RESOURCES
Textbooks ( specify title & pages), Maps,
Chalkboard, duster, chalk, flipchart,
LEARNING OUTCOME 4: Contemporary
economic issues:
The learner is able to demonstrate knowledge,
understanding and critical awareness, and
apply arrange of skills in dealing with
contemporary economic issues.
12.4.1. Analyse and investigate inflation,
and explain the policies that are used to
X
combat it
12.4.2. Debate the economic importance
of tourism to South Africa and suggest
X policies to promote it, referring to the
importance of indigenous knowledge
systems.
12.4.3. Analyse environmental
sustainability and investigate recent
international agreements in this regard
(e.g. Rio de Janeiro and Johannesburg
Summits).
X
12.4.4. Engage in, evaluate and
communicate economic issues of the
day, quantitative elements of Economics
and other essentials
ASSESSMENT DATE
COMPLETED
Oral ( Baseline )
Grade 12
Introduces Industrial Development
 Rationale
 Best practice principles
Gives a class-work ( could be an
activity taken from the book)
Gives a case study with questions
which will cause Learner to identify
integrated industrial development
Consolidates by highlighting the ff.:-
 Cross-cutting issues
 Key input sectors
 Key growth sectors
 Small Business Development
Gives Learner maps showing regions
that depicts Industrial development
and gives them a work sheet
Introduces policies
 SDI
 IDZ
 ASGISA
 Provincial Focuses &
Incentives
Gives Learner an extract relevant to
the topic with questions as a class
work
Page 4 of 21
Listen, take notes, ask questions
for clarity
Write the class work
Interact with the case study as
groups and answer questions
Listen, take notes, ask questions
for clarity
Read the maps and fill in the
work sheet
Listen, take notes, ask questions
for clarity
Write the class work
Economics Term 3 Lesson Plans
flipchart stand, white board, data
projector, computer , print & electronic
media
Class work
Case study
Textbooks ( specify title & pages), Maps,
Chalkboard, duster, chalk, flipchart,
flipchart stand, white board, data
projector, computer , print & electronic
media
Class work
Textbooks ( specify title & pages), Maps,
Chalkboard, duster, chalk, flipchart,
flipchart stand, white board, data
projector, computer , print & electronic
media
Class work
Grade 12
Consolidates by highlighting policies Listen, take notes, ask questions
for clarity

Gives Learner an assignment where Go to research and write the Assignment

they will discuss suitability of South assignment and submit
Africa’s Development Policies

Homework:

Enrichment/Expanded Opportunities:

Teacher Reflections:

SIGNATURES:

______________________________ ________________ _____________________________ ____________

TEACHER DATE HOD / SMT DATE

Page 5 of 21 Economics Term 3 Lesson Plans Grade 12

SUBJECT: ECONOMICS
TOPIC : SOUTH AFRICA’S ECONOMIC AND SOCIAL PERFORMANCE INDICATORS AND THEIR USES
CONTENT : ASSESSING THE PERFORMANCE OF THE ECONOMY, ECONOMIC INDICATORS, SOCIAL INDICATORS, INTERNATIONAL COMPARISONS
LEARNING OUTCOME 1: Macro-
economics.
The learner is able to demonstrate
knowledge, critical understanding and
application of the principles, processes and
practices of the economy.
12.1.1. Present the circular flow
model as a macroeconomic model,
deduce and analyse the national
account aggregates, and derive and
apply the multiplier.
12.1.2. Analyse the explanations of
business cycles and discuss how
business cycles are used in
forecasting.
12.1.3. Evaluate the role of the public
sector in the economy with special
reference to its socioeconomic
responsibility in the South African
context
Page 6 of 21
GRADE:12
LEARNING OUTCOME 2: Micro-
economics
The learner is able to demonstrate
knowledge, understanding and the
appropriate skills in analysing the
dynamics of markets.
12.2.1. Examine the dynamics of
perfect markets with the aid of
cost and revenue curves.
12.2.2. Explain the reasons for
and consequences of
market failures and reflect on
cost-benefit analysis
12.2.3. Examine the dynamics of
imperfect markets with the aid of
cost and revenue curves
Economics Term 3 Lesson Plans
LESSON PLAN : 02
LEARNING OUTCOME 3: Economic
pursuits:
The learner is able to demonstrate
knowledge, understanding and critical
awareness of the principles and practices
underpinning the improvement of the
standard of living.
12.3.1. Compare and evaluate
South African growth and
development policies in terms of
international benchmarks, and
highlight the North/South divide.
12.3.2. Discuss South Africa’s
industrial development policies and
assess their suitability in terms of
international best practice.
12.3.3. Discuss protectionism and
free trade, and evaluate South
African international trade policies
and major protocols in terms of
these.
Grade 12
TERM 3 TIME: 4 HOURS
LEARNING OUTCOME 4: Contemporary
economic issues:
The learner is able to demonstrate knowledge,
understanding and critical awareness, and
apply arrange of skills in dealing with
contemporary economic issues.
12.4.1. Analyse and investigate inflation,
and explain the policies that are used to
combat it
12.4.2. Debate the economic importance
of tourism to South Africa and suggest
policies to promote it, referring to the
importance of indigenous knowledge
systems.
12.4.3. Analyse environmental
sustainability and investigate recent
international agreements in this regard
(e.g. Rio de Janeiro and Johannesburg
Summits).
12.1.4. Examine the foreign exchange
market and the establishment of
12.3.4. Analyse and discuss the
South African economic and social X 12.4.1. Engage in, evaluate and
communicate economic issues of the X
exchange rates, and show how the performance indicators and their day, quantitative elements of Economics
balance of payments account is uses. and other essentials
affected.

TEACHER ACTIVITIES LEARNER ACTIVITIES RESOURCES ASSESSMENT DATE

COMPLETED

Gives Learner a table of GDP covering
3 years to analyse and asks them to
brainstorm on the possible reasons for
the differences.
Guides Learner on how to assess
performance of the economy
Explains economic indicators
 Production
 Inflation rate
Interact with tables and answer
questions
Listen and make corrections on
their responses
Listen, take notes, ask questions for
clarity
Quarterly Bulletin, Textbooks ( specify Class-work ( Baseline)
title & pages), Chalkboard, duster,
chalk, flipchart, flipchart stand, white
board, data projector, computer, print
& electronic media ( magazines etc.),
calculator

 Foreign trade

 Employment

 Productivity

 Interest rate

 Money supply
Explains social indicators:
Listen, take notes, ask questions for
 Health & nutrition clarity
 Education

 Services

Page 7 of 21 Economics Term 3 Lesson Plans Grade 12

  Housing

 Urbanization

Gives Learner a data response class Write a class work Class work/homework
work (homework) e.g. pie chart, table,
graph where they will identify and
analyse economic and social indicators

Gives Learner a project where they will Conduct a research and report project
compare South African economic and their findings
social performance with other countries

Consolidates and highlights various Listen, take notes, ask questions for
reasons for international comparisons clarity

Enrichment/Expanded Opportunities:

Teacher Reflections:

SIGNATURES:

______________________________ ________________ _____________________________ ____________

TEACHER DATE HOD / SMT DATE

SUBJECT: ECONOMICS GRADE:12 LESSON PLAN: 03 TERM 3 TIME: 8 HOURS

TOPIC : INFLATION

CONTENT : Causes, kinds & characteristics, inflation in South Africa, combating measures

LEARNING OUTCOME 1: Macro- LEARNING OUTCOME 2: Micro- LEARNING OUTCOME 3: Economic LEARNING OUTCOME 4: Contemporary
economics. economics pursuits: economic issues:

The learner is able to demonstrate The learner is able to demonstrate The learner is able to demonstrate The learner is able to demonstrate knowledge,
knowledge, critical understanding and knowledge, understanding and the knowledge, understanding and critical understanding and critical awareness, and
application of the principles, processes and appropriate skills in analysing the awareness of the principles and practices apply arrange of skills in dealing with
Page 8 of 21 Economics Term 3 Lesson Plans Grade 12
practices of the economy.
12.1.1. Present the circular flow model
as a macroeconomic model, deduce
and analyse the national account
aggregates, and derive and apply the
multiplier.
12.1.2. Analyse the explanations of
business cycles and discuss how
business cycles are used in
forecasting.
12.1.3. Evaluate the role of the public
sector in the economy with special
reference to its socioeconomic
responsibility in the South African
context
12.1.4. Examine the foreign exchange
market and the establishment of
exchange rates, and show how the
balance of payments account is
affected.
TEACHER ACTIVITIES
Collects data where certain aspects
regarding inflation in South Africa have
been monitored over a period of at least
two weeks( This to be done before the
implementation of this lesson)
Gives this information to the Learner as
a class work and asks them to analyse
it, draw& interpret graphs and make
presentations as groups
From the presentation, explains :-
 The concept – inflation, kinds &
Page 9 of 21
dynamics of markets.
12.2.1. Examine the dynamics of
perfect markets with the aid of cost
and revenue curves.
12.2.2. Explain the reasons for and
consequences of
market failures and reflect on cost-
benefit analysis
12.2.3. Examine the dynamics of
imperfect markets with the aid of
cost and revenue curves
LEARNER ACTIVITIES
Write a class work and present as
groups
Listen, take notes, ask questions for
clarity
Economics Term 3 Lesson Plans
underpinning the improvement of the
standard of living.
12.3.1. Compare and evaluate
South African growth and
development policies in terms of
international benchmarks, and
highlight the North/South divide.
12.3.2. Discuss South Africa’s
industrial development policies and
assess their suitability in terms of
international best practice.
12.3.3. Discuss protectionism and
free trade and evaluate South
African international trade policies
and major protocols in terms of
these.
12.3.4. Analyse and discuss the
South African economic and social
performance indicators and their
uses.
RESOURCES
Textbooks ( specify title & pages),
Chalkboard, duster, chalk, flipchart,
flipchart stand, white board, data
projector, computer, South African
Quarterly Bulletin, Stats S.A
Grade 12
contemporary economic issues.
X
12.4.1. Analyse and investigate inflation,
and explain the policies that are used to
combat it
12.4.2. Debate the economic importance
of tourism to South Africa and suggest
policies to promote it, referring to the
importance of indigenous knowledge
systems.
12.4.3. Analyse environmental
sustainability and investigate recent
international agreements in this regard
(e.g. Rio de Janeiro and Johannesburg
Summits).
X
12.4.4. Engage in, evaluate and
communicate economic issues of the
day, quantitative elements of Economics
and other essentials
ASSESSMENT DATE
COMPLETED
Class work ( Baseline )
 characteristics

 Consumer inflation

 Producer Inflation

 All-inclusive Hyper Inflation

 Stagflation

 Causes

 Demand-pull

 Cost-push

 Consequences

 Inflation problem in South Africa

 Historical perspective

 Short term problems

 Long term problems

 Measurement( Gives Learner

Activities

Gives Learner a topic or different topics Conduct investigation and make Investigation &
on inflation for investigation and presentation in class Presentation (CASS)
presentation (where they will derive,
calculate, apply & interpret i.e.
integrating LO4 AS4)

Asks the Learner to write a formal letter Write the home work and submit in Homework

Page 10 of 21 Economics Term 3 Lesson Plans Grade 12

of advice to the Government on class
measures to combat inflation in the form
of home work
Consolidates by explaining policies of
combating inflation Listen, take notes, ask questions for
clarity
 Fiscal
 Monetary

 Other (non-monetary)
measures

Facilitates a discussion that will engage
Learner in evaluating and
communicating economic issues of the
day ( around policies of combating
inflation)
Identify and discuss economic Oral presentation
issues of the day and make
suggestions on policies of
combating inflation

Homework:

Enrichment/Expanded Opportunities:

Teacher Reflections:

SIGNATURES:

______________________________ ________________ _____________________________ ____________

TEACHER DATE HOD / SMT DATE

Page 11 of 21 Economics Term 3 Lesson Plans Grade 12

SUBJECT: ECONOMICS
TOPIC :INFLATION
CONTENT : Causes, kinds & characteristics, inflation in South Africa, combating measures
LEARNING OUTCOME 1: Macro-
economics.
The learner is able to demonstrate
knowledge, critical understanding and
application of the principles, processes and
practices of the economy.
12.1.1. Present the circular flow model
as a macroeconomic model, deduce
and analyse the national account
aggregates, and derive and apply the
multiplier.
12.1.2. Analyse the explanations of
business cycles and discuss how
business cycles are used in
forecasting.
12.1.3. Evaluate the role of the public
sector in the economy with special
reference to its socioeconomic
responsibility in the South African
context
12.1.4. Examine the foreign exchange
market and the establishment of
exchange rates, and show how the
balance of payments account is
affected.
TEACHER ACTIVITIES
Page 12 of 21
GRADE:12
LEARNING OUTCOME 2: Micro-
economics
The learner is able to demonstrate
knowledge, understanding and the
appropriate skills in analysing the
dynamics of markets.
12.2.1. Examine the dynamics of
perfect markets with the aid of cost
and revenue curves.
12.2.2. Explain the reasons for and
consequences of market failures
and reflect on cost-benefit analysis
12.2.3. Examine the dynamics of
imperfect markets with the aid of
cost and revenue curves
LEARNER ACTIVITIES
Economics Term 3 Lesson Plans
LESSON PLAN: 03
LEARNING OUTCOME 3: Economic
pursuits:
The learner is able to demonstrate
knowledge, understanding and critical
awareness of the principles and practices
underpinning the improvement of the
standard of living.
12.3.1. Compare and evaluate
South African growth and
development policies in terms of
international benchmarks, and
highlight the North/South divide.
12.3.2. Discuss South Africa’s
industrial development policies and
assess their suitability in terms of
international best practice.
12.3.3. Discuss protectionism and
free trade, and evaluate South
African international trade policies
and major protocols in terms of
these.
12.3.4. Analyse and discuss the
South African economic and social
performance indicators and their
uses.
RESOURCES
Grade 12
TERM 3 TIME: 8 HOURS
LEARNING OUTCOME 4: Contemporary
economic issues:
The learner is able to demonstrate knowledge,
understanding and critical awareness, and
apply arrange of skills in dealing with
contemporary economic issues.
X
12.4.1. Analyse and investigate inflation,
and explain the policies that are used to
combat it
12.4.2. Debate the economic importance
of tourism to South Africa and suggest
policies to promote it, referring to the
importance of indigenous knowledge
systems.
12.4.3. Analyse environmental
sustainability and investigate recent
international agreements in this regard
(e.g. Rio de Janeiro and Johannesburg
Summits).
12.4.4. Engage in, evaluate and
communicate economic issues of the X
day, quantitative elements of Economics
and other essentials
ASSESSMENT DATE
COMPLETED
Collects data where certain aspects Textbooks ( specify title & pages),
regarding inflation in South Africa have Chalkboard, duster, chalk, flipchart,
been monitored over a period of at least flipchart stand, white board, data
two weeks( This to be done before the projector, computer, South African
implementation of this lesson) Quarterly Bulletin, Stats S.A

Gives this information to the Learner as Write a class work and present as Class work ( Baseline )
a class work and asks them to analyse groups
it, draw& interpret graphs and make
presentations as groups
From the presentation, explains :-
Listen, take notes, ask questions for
 The concept – inflation, kinds & clarity
characteristics

 Consumer inflation

 Producer Inflation

 All-inclusive Hyper Inflation

 Stagflation

 Causes

 Demand-pull

 Cost-push

 Consequences

 Inflation problem in South Africa

 Historical perspective

 Short term problems

Page 13 of 21 Economics Term 3 Lesson Plans Grade 12

  Long term problems

 Measurement( Gives Learner

Activities

Gives Learner a topic or different topics Conduct investigation and make Investigation &
on inflation for investigation and presentation in class Presentation (CASS)
presentation (where they will derive,
calculate, apply & interpret i.e.
integrating LO4 AS4)

Asks the Learner to write a formal letter Write the home work and submit in Homework
of advice to the Government on class
measures to combat inflation in the form
of home work
Consolidates by explaining policies of
combating inflation Listen, take notes, ask questions for
clarity
 Fiscal
 Monetary

 Other (non-monetary)
measures

Facilitates a discussion that will engage
Learner in evaluating and
communicating economic issues of the
day ( around policies of combating
inflation)
Identify and discuss economic Oral presentation
issues of the day and make
suggestions on policies of
combating inflation

Homework:

Enrichment/Expanded Opportunities:

Teacher Reflections:

Page 14 of 21 Economics Term 3 Lesson Plans Grade 12

 SIGNATURES:
______________________________
TEACHER
SUBJECT: ECONOMICS
TOPIC : TOURISM
CONTENT : Concept, Reasons for growth, effects, benefits, South Africa’s profile & policies to promote Tourism
INTEGRATION WITH OTHER SUBJECT: TOURISM AND ENGLISH
LEARNING OUTCOME 1: Macro-
economics.
The learner is able to demonstrate
knowledge, critical understanding and
application of the principles, processes and
practices of the economy.
12.1.1 Present the circular flow model
as a macroeconomic model, deduce
and analyse the national account
aggregates, and derive and apply the
multiplier.
12.1.2 Analyse the explanations of
business cycles and discuss how
business cycles are used in
forecasting.
12.1.3 Evaluate the role of the public
Page 15 of 21
________________
DATE
GRADE:12
LEARNING OUTCOME 2: Micro-
economics
The learner is able to demonstrate
knowledge, understanding and the
appropriate skills in analysing the
dynamics of markets.
12.2.1 Examine the dynamics of
perfect markets with the aid of
cost and revenue curves.
12.2.2 Explain the reasons for
and consequences of market
failures and reflect on cost-
benefit analysis
12.2.3 Examine the dynamics of
Economics Term 3 Lesson Plans
_____________________________
HOD / SMT
LESSON PLAN: 04
LEARNING OUTCOME 3: Economic
pursuits:
The learner is able to demonstrate
knowledge, understanding and critical
awareness of the principles and practices
underpinning the improvement of the
standard of living.
12.3.1 Compare and evaluate South
African growth and development
policies in terms of international
benchmarks, and highlight the
North/South divide.
122.3.2 Discuss South Africa’s
industrial development policies and
assess their suitability in terms of
international best practice.
12.3.4Discuss protectionism and free
Grade 12
____________
DATE
TERM 3 TIME: 4 HOURS
LEARNING OUTCOME 4: Contemporary
economic issues:
The learner is able to demonstrate knowledge,
understanding and critical awareness, and
apply arrange of skills in dealing with
contemporary economic issues.
12.4.1 Analyse and investigate inflation,
and explain the policies that are used
to combat it
12.4.2 Debate the economic
importance of tourism to South Africa X
and suggest policies to promote it,
referring to the importance of
indigenous knowledge systems.
12.4.3 Analyse environmental
sector in the economy with special
reference to its socioeconomic
responsibility in the South African
context
12.1.4 Examine the foreign exchange
market and the establishment of
exchange rates, and show how the
balance of payments account is
affected.
TEACHER ACTIVITIES
Asks Learner about places they have
visited outside their usual environment
and identify tourism sites in their areas
Asks Learner to define Tourism
Consolidates and emphasizes the
correct definition of tourism
Groups & gives Learner a topic to
debate on the importance of tourism in
South Africa and suggest policies to
promote Tourism
 Facilitates the debate
 Summarizes by explaining the
importance of tourism & policies
that promote tourism
Explains the ff.
 Effects
 GDP
Page 16 of 21
imperfect markets with the aid of
cost and revenue curves
LEARNER ACTIVITIES
Answering questions
Brainstorm the definition
Listen, take notes, ask questions for
clarity
 Form groups that are for
and against as well as the
audience.
 Debate on the topic given
 Listen, take notes, ask
questions for clarity
Listen, take notes, ask questions for
clarity
Economics Term 3 Lesson Plans
trade, and evaluate South African sustainability and investigate recent
international trade policies and major international agreements in this regard
protocols in terms of these. (e.g. Rio de Janeiro and Johannesburg
Summits).
X
12.3.5 Analyse and discuss the 12.4.4 Engage in, evaluate and
South African economic and social communicate economic issues of the
performance indicators and their day, quantitative elements of
uses. Economics and other essentials
RESOURCES ASSESSMENT DATE
COMPLETED
Textbooks ( specify title & pages), Oral ( Baseline)
Chalkboard, duster, chalk, flipchart,
flipchart stand, white board, data
projector, computer, daily & weekly
newspapers, TV,
Oral
Debate
Grade 12
  Employment

 Poverty

 Externalities

 Environment

 Infrastructure

 Benefits

 Households

 Businesses

 Government

 Infrastructure

Gives Learner a project where they will Go and prepare the project and Project
explain with the aid of examples how submit it in class
Indigenous Knowledge System can
strengthen South Africa’s Tourism
profile

Explains S.A Tourism Profile based on Listen, take notes, ask questions for
the findings from the project clarity

Discusses policies to promote tourism Listen, take notes, ask questions for
clarity

Gives Learner a class test to monitor Write a class test Class test
progress

Page 17 of 21 Economics Term 3 Lesson Plans Grade 12

Homework:

Enrichment/Expanded Opportunities:

Teacher Reflections:

SIGNATURES:

______________________________ ________________ _____________________________ ____________

TEACHER DATE HOD / SMT DATE

SUBJECT: ECONOMICS GRADE:12 LESSON PLAN: 05 TERM 3 TIME: 4HOURS

TOPIC : THE STATE OF THE ENVIRONMENT

Page 18 of 21 Economics Term 3 Lesson Plans Grade 12

CONTENT : Environmental sustainability, Measures to ensure sustainability, International Agreement
INTEGRATION WITH OTHER SUBJECT: GEOGRAPHY, AGRICULTURAL SCIENCES AND LIFE SCIENCES
LEARNING OUTCOME 1: Macro- LEARNING OUTCOME 2: Micro- LEARNING OUTCOME 3: Economic
economics. economics
The learner is able to demonstrate
knowledge, critical understanding and
application of the principles, processes
and practices of the economy.
12.1.1. Present the circular flow
model as a macroeconomic
model, deduce and analyse the
national account aggregates, and
derive and apply the multiplier.
12.1.2. Analyse the explanations of
business cycles and discuss how
business cycles are used in
forecasting.
12.1.3.Evaluate the role of the
public sector in the economy with
special reference to its
socioeconomic responsibility in the
South African context
12.1.4.Examine the foreign
exchange market and the
establishment of exchange rates,
and show how the balance of
payments account is affected.
TEACHER ACTIVITIES
Asks Learner to brainstorm about
environmental issues.
Page 19 of 21
pursuits:
The learner is able to demonstrate
knowledge, understanding and the
appropriate skills in analysing the
dynamics of markets.
12.2.1. Examine the dynamics
of perfect markets with the aid
of cost and revenue curves.
12.2.2. Explain the reasons
for and consequences of
market failures and reflect on
cost-benefit analysis
12.2.3. Examine the dynamics
of imperfect markets with the
aid of cost and revenue
curves
LEARNER ACTIVITIES
Brainstorm and group
Economics Term 3 Lesson Plans
The learner is able to demonstrate
knowledge, understanding and critical
awareness of the principles and
practices underpinning the
improvement of the standard of living.
12.3.1. Compare and evaluate
South African growth and
development policies in terms of
international benchmarks, and
highlight the North/South divide.
12.3.2. Discuss South Africa’s
industrial development policies
and assess their suitability in
terms of international best
practice.
12.3.3. Discuss protectionism
and free trade, and evaluate
South African international trade
policies and major protocols in
terms of these.
12.3.4. Analyse and discuss the
South African economic and
social performance indicators
and their uses.
RESOURCES
Constitution, Textbooks ( specify title
Grade 12
LEARNING OUTCOME 4:
Contemporary economic issues:
The learner is able to demonstrate
knowledge, understanding and
critical awareness, and apply
arrange of skills in dealing with
contemporary economic issues.
12.4.1. Analyse and investigate
inflation, and explain the policies
that are used to combat it
12.4.2. Debate the economic
importance of tourism to South
Africa and suggest policies to
promote it, referring to the
importance of indigenous knowledge
systems.
12.4.3. Analyse environmental
sustainability and investigate recent
X
international agreements in this
regard (e.g. Rio de Janeiro and
Johannesburg Summits).
12.4.4. Engage in, evaluate and
communicate economic issues of
X
the day, quantitative elements of
Economics and other essentials
ASSESSMENT DATE
COMPLETED
Oral presentation
Then asks them to group these as
those that are evident in urban and rural
areas
environmental issues under urban
and rural areas
& pages), Chalkboard, duster, chalk, ( Baseline)
flipchart, flipchart stand, white board,
data projector, computer, print &
electronic media ( magazines etc.),
calculator

Gives Learner a homework and asks Go and find the Constitution and Homework
them to look at the Constitution for read about the environmental rights
environmental rights and report in class
Explains the state of the environment
under the following : Listen, take notes, ask questions for
clarity
 Pollution
 Conservation

 Preservation

 Externalities
Explains measures to ensure
sustainability Listen, take notes, ask questions for
clarity
 Market related policies
 Public Sector Intervention

 Public Sector Control

 International measures
Explains the International Agreement
Listen, take notes, ask questions for
 Rio-de Janeiro Summit clarity
 Kyoto Protocol on climate
change ( 1997)

 World Summit on sustainable

development ( 2002)

Page 20 of 21 Economics Term 3 Lesson Plans Grade 12

Homework:

Enrichment/Expanded Opportunities:

Teacher Reflections:

SIGNATURES:

______________________________ ________________ _____________________________ ____________

TEACHER DATE HOD / SMT DATE

Page 21 of 21 Economics Term 3 Lesson Plans Grade 12