PROVINCE OF THE EASTERN CAPE EDUCATION

DIRECTORATE CURRICULUM FET PROGRAMMES LESSON PLANS ECONOMICS GRADE 11 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 14 Economics Term 3 Lesson Plans Grade 11 SUBJECT: ECONOMICS GRADE 11 LESSON PLAN 1 TERM 3 TIME: 8 HOURS

TOPIC : RSA MONEY AND BANKING

CONTENT ; Money, Banking ,micro-lending activities, central banking ,monetary policy, ,bank failures and consequences

INTEGRATION WITH ACCOUNTING Learning Outcome 1: Macro-economics. Learning Outcome 2: Micro- Learning outcome 3: Economic Learning Outcome 4: Contemporary economics Pursuits: Economic Issues: The learner is able to demonstrate knowledge, critical understanding and The learner is able to demonstrate The learner is able to demonstrate The learner is able to demonstrate knowledge, application of the principles, processes and knowledge, understanding and the knowledge, understanding and critical understanding and critical awareness, and practices of the economy. appropriate skills in analysing the awareness of the policies and practices apply a range of skills in dealing with dynamics of markets. underpinning the improvement of the contemporary economic issues. standard of living. 11.1.1. Analyse the factors of 11.2.1. Analyse the relationships 11.3.1. Discuss the wealth creation 11.4.1.. Analyse and investigate production and their remunerations, and between markets and illuminate process and patterns of distribution, poverty, its characteristics, causes and investigate community participation them with the aid of graphs. and relate them to economic growth possible solutions in the South African initiatives and access of economically and the standard of living. context. marginalised groups.

11.1.2. Analyse the uses of economic 11.2.2.. Explain and illustrate by 11.3.2. Explain the main 11.4.2. Examine and debate goods and services and relate them to means of graphs the effects of cost characteristics of developing globalisation, its relevance to the the Gross Domestic Product (GDP). and revenue on prices and the countries and strategies that can be North/South divide, and its effects levels of production. used in economic development, (negative and positive) on South Africa. mentioning the use of indigenous knowledge systems in this regard.

Page 3 of 14 Economics Term 3 Lesson Plans Grade 11 11.1.3. Explain the characteristics and 11.2.3..Explain price elasticities, 11.3.3. Describe the composition of 11.4.3. . State and debate the problems foundations of South Africa’s mixed illustrate the presentation with the the money and the banking system in X of environmental deterioration and economy, and assess its efficiency in aid of graphs, and calculate their South Africa, and emphasise the insensitive resource exploitation with terms of socio-economic services. values. reasons for and consequences of special reference to South Africa bank failures 11.1.4. Analyse the economic structure 11.3.4. Discuss South Africa’s role 11.4.4. Identify, engage in, examine and of South Africa in terms of its industries and relative economic importance in communicate economic issues of the X and infrastructure, highlighting Africa. day, quantitative elements of exclusion and discrimination. Economics and other essentials.

TEACHER ACTIVITIES LEARNER ACTIVITIES RESOURCES ASSESSMENT DATE COMPLETED Teacher asks learners to brainstorm Brainstorming on differences News paper cuttings Glassworks (Baseline) previous knowledge on banking in RSA between types of banks and the under the following history of money Textbooks Research

1. Differences between central Note books Case Study and commercial banks and micro lending Chalkboard Questions

2. History of money and banking. Teacher describes the composition of Pay attention, take notes and News paper cuttings money and banking system in South answer questions. Africa and also involves learners Textbooks through asking questions using text books or news paper cuttings. Note books

1.Forms of money Chalkboard

2. South Africa’s banking systems

3. Micro lending activities

4.Central banking

5 monetary policy

6 Bank failures and their consequences Giving learners a case study Learners work on a case study from News paper cuttings Page 4 of 14 Economics Term 3 Lesson Plans Grade 11 the news paper cuttings.

Textbooks

Note books

Chalkboard

Homework:

Enrichment/Expanded Opportunities:

Teacher Reflections:

SIGNATURES:

______

TEACHER DATE HOD / SMT DATE

Page 5 of 14 Economics Term 3 Lesson Plans Grade 11 SUBJECT: ECONOMICS GRADE 11 LESSON PLAN 2 TERM 3 TIME: 8 HOURS

TOPIC : ECONOMIC IMPORTANCE OF RSA IN AFRICA

CONTENT: Africa’s Economic demarcations, comparison with regard to the following, resources, population, production, consumption, wealth, poverty, infrastructure, trade and finance and economic integration and co-operation e.g., SACU, SADC and NEPAD.

INTEGRATION WITH HISTORY Learning Outcome 1: Macro-economics. Learning Outcome 2: Micro- Learning outcome 3: Economic Learning Outcome 4: Contemporary economics : Pursuits: Economic Issues: The learner is able to demonstrate knowledge, critical understanding and The learner is able to demonstrate The learner is able to demonstrate The learner is able to demonstrate knowledge, application of the principles, processes and knowledge, understanding and the knowledge, understanding and critical understanding and critical awareness, and practices of the economy. appropriate skills in analysing the awareness of the policies and practices apply a range of skills in dealing with dynamics of markets. underpinning the improvement of the contemporary economic issues. standard of living. 11.1.1. Analyse the factors of 11.2.1. Analyse the relationships 11.3.1. Discuss the wealth creation 11.4.1.. Analyse and investigate poverty, production and their remunerations, and between markets and illuminate process and patterns of distribution, its characteristics, causes and possible investigate community participation them with the aid of graphs. and relate them to economic growth solutions in the South African context. initiatives and access of economically and the standard of living. marginalised groups. 11.1.2. Analyse the uses of economic 11.2.2.. Explain and illustrate by 11.3.2. Explain the main 11.4.2. Examine and debate globalisation, goods and services and relate them to means of graphs the effects of cost characteristics of developing its relevance to the North/South divide, the Gross Domestic Product (GDP). and revenue on prices and the countries and strategies that can be and its effects (negative and positive) on levels of production. used in economic development, South Africa. mentioning the use of indigenous knowledge systems in this regard. 11.1.3. Explain the characteristics and 11.2.3..Explain price elasticities, 11.3.3. Describe the composition of 11.4.3. . State and debate the problems of foundations of South Africa’s mixed illustrate the presentation with the the money and the banking system in environmental deterioration and economy, and assess its efficiency in aid of graphs, and calculate their South Africa, and emphasise the insensitive resource exploitation with terms of socio-economic services. values. reasons for and consequences of special reference to South Africa bank failures

Page 6 of 14 Economics Term 3 Lesson Plans Grade 11 11.1.4. Analyse the economic structure 11.3.4. Discuss South Africa’s role 11.4.4. Identify, engage in, examine and of South Africa in terms of its industries and relative economic importance in X communicate economic issues of the day, X and infrastructure, highlighting Africa. quantitative elements of Economics and exclusion and discrimination. other essentials.

TEACHER ACTIVITIES LEARNER ACTIVITIES RESOURCES ASSESSMENT DATE COMPLETED Teacher provides learners with statistic Identify economic indicators and Statistic report. Questions report to unpack economic indicators in discuss the findings. South Africa. News paper cuttings Class work

Ask learners to bring different news Text books Homework papers and magazines to identify economic indicators. Note books Debates Listening and taking notes. Discuss the following economic Chalkboard indicators.

1. Natural resources 2. Income 3. Savings 4. Consumptions 5. Government expenditure 6. Urbanization 7. Population 8. Production 9. wealth 10. poverty 11. Infrastructure 12. Trade and finance

13. .Health indicators Teacher ask learners to use news Working in groups learner compare paper cutting and magazines to South Africa economic indicators compare South African economic with other African countries. indicators with at least 3 or more other African countries, working in groups. Teacher discuss the role of South Africa Listening, taking notes, asking and

Page 7 of 14 Economics Term 3 Lesson Plans Grade 11 in Africa, economic co –operation and answering questions. demarcation with particular reference to

1.SACU

2.SADC

3.AU

4.COMESA

5NEPAD

6.And other economic groupings Grouping learners into two groups to Debating debate for and against the Active role of South Africa in Africa. Homework: Enrichment/Expanded Opportunities: Teacher Reflections:

SIGNATURES:

______

TEACHER DATE HOD / SMT DATE

Page 8 of 14 Economics Term 3 Lesson Plans Grade 11 SUBJECT: ECONOMICS GRADE 11 LESSON PLAN 3 TERM 3 TIME: 12 HOURS

TOPIC: POVERTY

CONTENT: Poverty, absolute and relative poverty, measuring poverty, causes of poverty the effects of poverty, the South Africans measures to alleviate poverty.

INTEGRATION WITH AGRICULTURAL SCIENCES Learning Outcome 1: Macro-economics. Learning Outcome 2: Micro- Learning outcome 3: Economic Learning Outcome 4: Contemporary economics : Pursuits: Economic Issues: The learner is able to demonstrate knowledge, critical understanding and The learner is able to demonstrate The learner is able to demonstrate The learner is able to demonstrate knowledge, application of the principles, processes and knowledge, understanding and the knowledge, understanding and critical understanding and critical awareness, and practices of the economy. appropriate skills in analysing the awareness of the policies and practices apply a range of skills in dealing with dynamics of markets. underpinning the improvement of the contemporary economic issues. standard of living. 11.1.1. Analyse the factors of 11.2.1. Analyse the relationships 11.3.1. Discuss the wealth creation 11.4.1.. Analyse and investigate poverty, production and their remunerations, and between markets and illuminate process and patterns of distribution, its characteristics, causes and possible X investigate community participation them with the aid of graphs. and relate them to economic growth solutions in the South African context. initiatives and access of economically and the standard of living. marginalised groups.

11.1.2. Analyse the uses of economic 11.2.2.. Explain and illustrate by 11.3.2. Explain the main 11.4.2. Examine and debate goods and services and relate them to means of graphs the effects of cost characteristics of developing globalisation, its relevance to the the Gross Domestic Product (GDP). and revenue on prices and the countries and strategies that can be North/South divide, and its effects levels of production. used in economic development, (negative and positive) on South Africa. mentioning the use of indigenous knowledge systems in this regard. 11.1.3. Explain the characteristics and 11.2.3..Explain price elasticities, 11.3.3. Describe the composition of 11.4.3. . State and debate the problems foundations of South Africa’s mixed illustrate the presentation with the the money and the banking system in of environmental deterioration and economy, and assess its efficiency in aid of graphs, and calculate their South Africa, and emphasise the insensitive resource exploitation with terms of socio-economic services. values. reasons for and consequences of special reference to South Africa bank failures

Page 9 of 14 Economics Term 3 Lesson Plans Grade 11 11.1.4. Analyse the economic structure 11.3.4. Discuss South Africa’s role 11.4.4. Identify, engage in, examine and of South Africa in terms of its industries and relative economic importance in communicate economic issues of the X and infrastructure, highlighting Africa. day, quantitative elements of Economics exclusion and discrimination. and other essentials.

TEACHER ACTIVITIES LEARNER ACTIVITIES RESOURCES ASSESSMENT DATE COMPLETED

Cartons or pictures brought and pasted Learners interact with the cartoons Flipcharts Baseline to the class in a big flip charts or wall given, deciding and coming up with represent privileged groups and the relevant topic. Analysing and Cartoons Questions disadvantaged groups. discussing their observation and making some recommendations. Pictures Debate Asking learners to interact with the cartoon or pictures given. Textbooks Classworks

Defining and explaining poverty, various Koki pens Research and groups of poverty (relative and Presentation( Cass) absolute) how to measure poverty linking with learners inputs to expatiate more. Peer

Group

Analysing in detail the ff causes of poverty

Unemployment, Lack of education, Diseases, Lack of health care. Ineffective government policies, Forced Listening and taking notes resettlements and Urbanization, Poverty causes more poverty

Learners are given a topic to debate for and against the various ways to eradicating poverty Learners are divided into two Page 10 of 14 Economics Term 3 Lesson Plans Grade 11 Effects of poverty and the following groups, one group in favour of, measures applied by South African other one against. government:

Growth and expansion of the economy, Education, Skills and development programme, Government grants, Changing of labour laws, Overseas investment etc. to alleviate poverty are explained, practical examples are given were possible Taking notes, participating by asking and answering questions Learners are given a research topic to analyse and investigate the causes of poverty in their community and provide possible solutions Conducting research on Poverty and presentation Homework: Enrichment/Expanded Opportunities: Teacher Reflections:

SIGNATURES:

______

TEACHER DATE HOD / SMT DATE

Page 11 of 14 Economics Term 3 Lesson Plans Grade 11 SUBJECT: ECONOMICS GRADE: 11 LESSON PLAN 4 TERM 3 TIME: 16 Hours

TOPIC: Globalization

CONTENT; T he meaning, causes, consequences, absolute and comparative advantages and disadvantages of globalization, and the North/South divide.

INTEGRATION WITH ENGLISH Learning Outcome 1: Macro-economics. Learning Outcome 2: Micro- Learning Outcome 3: Economic Learning Outcome 4: Contemporary economics : Pursuits: Economic Issues: The learner is able to demonstrate knowledge, critical understanding and The learner is able to demonstrate The learner is able to demonstrate The learner is able to demonstrate knowledge, application of the principles, processes and knowledge, understanding and the knowledge, understanding and critical understanding and critical awareness, and practices of the economy. appropriate skills in analysing the awareness of the policies and practices apply a range of skills in dealing with dynamics of markets. underpinning the improvement of the contemporary economic issues. standard of living. 11.1.1. Analyse the factors of 11.2.1. Analyse the relationships 11.3.1. Discuss the wealth creation 11.4.1.. Analyse and investigate poverty, production and their remunerations, and between markets and illuminate process and patterns of distribution, its characteristics, causes and possible investigate community participation them with the aid of graphs. and relate them to economic growth solutions in the South African context. initiatives and access of economically and the standard of living. marginalised groups.

11.1.2. Analyse the uses of economic 11.2.2.. Explain and illustrate by 11.3.2. Explain the main 11.4.2. Examine and debate goods and services and relate them to means of graphs the effects of cost characteristics of developing globalisation, its relevance to the X the Gross Domestic Product (GDP). and revenue on prices and the countries and strategies that can be North/South divide, and its effects levels of production. used in economic development, (negative and positive) on South Africa. mentioning the use of indigenous knowledge systems in this regard. 11.1.3. Explain the characteristics and 11.2.3..Explain price elasticities, 11.3.3. Describe the composition of 11.4.3. . State and debate the problems foundations of South Africa’s mixed illustrate the presentation with the the money and the banking system in of environmental deterioration and economy, and assess its efficiency in aid of graphs, and calculate their South Africa, and emphasise the insensitive resource exploitation with terms of socio-economic services. values. reasons for and consequences of special reference to South Africa bank failures

Page 12 of 14 Economics Term 3 Lesson Plans Grade 11 11.1.4. Analyse the economic structure 11.3.4. Discuss South Africa’s role 11.4.4. Identify, engage in, examine and of South Africa in terms of its industries and relative economic importance in communicate economic issues of the X and infrastructure, highlighting Africa. day, quantitative elements of Economics exclusion and discrimination. and other essentials.

TEACHER ACTIVITIES LEARNER ACTIVITIES RESOURCES ASSESSMENT DATE COMPLETED A list is provided consisting different Brainstorming and filling - in the Answer sheet Baselines questions countries in Africa and Europe, each worksheet provided. group is provided with answer sheet Magazines Class work, Home works consisting of two columns for Developed and Developing countries. News papers Class test. Listening and taking notes. Learners are introduced to the concept Atlas Debate ”Globalisation” and are expected to examine and debate the: Globe 1. Meaning, Wall Clock 2 Causes, Flip chart 3.Consequences, Chalkboard (a).Developing countries loose more than they gain. T.V

(b) Prices of raw material decrease

© Manipulation by transnational

Corporations

(d). Knowledge and information.

Page 13 of 14 Economics Term 3 Lesson Plans Grade 11 (e) South Africa and the future.

4. Advantages and Disadvantages Explaining North and south divide and Classifying provided countries to learners are requested to allocate North or south divides explaining /decide whether the countries provided the reasons. or given belong to South or North divide.

Evaluate learners classification and also Making corrections and taking making corrections notes. Summarizes the relevancy of Taking notes, asking and answering Globalization to the North and South questions. divide and it’s negative and positive effects on south Africa Giving learners a formal Debate topic Debating watch with clear instructions and marking grid. Homework: Enrichment/Expanded Opportunities: Teacher Reflections:

SIGNATURES:

______

TEACHER DATE HOD / SMT DATE

Page 14 of 14 Economics Term 3 Lesson Plans Grade 11