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