Economics Grade 10 - End Year Exam Demarcation

Vocabulary-style revision flashcards covering the modules, exam paper structures, topics, and essay requirements for the Grade 10 Economics end-year examination.

Paper 1

A Grade 10 Economics end-year examination paper carrying 150 marks with a duration of 2 hours, covering Module 1 (Macro-economics) and Module 3 (Economic pursuits).

Paper 2

A Grade 10 Economics end-year examination paper carrying 150 marks with a duration of 2 hours, covering Module 2 (Micro-economics) and Module 4 (Contemporary economic issues).

Module 1: Macro-economics

The Paper 1 curriculum area covering basic concepts, the circular flow model, and business cycles.

Module 2: Micro-economics

The Paper 2 curriculum area covering the basic economic problem, dynamics of markets, public sector intervention, and the production possibilities curve.

Module 3: Economic pursuits

The Paper 1 curriculum area covering growth, development and globalization; South African economic growth and development - a historical view; the history of money and banking in South Africa; and population and labour force.

Module 4: Contemporary economic issues

The Paper 2 curriculum area covering labour relations, unemployment, and economic redress.

Circular Flow of an Open Economy (Module 1 Essays)

Macro-economics essay topics requiring a detailed discussion of the FOUR main economic participants and the role of the FOUR markets.

Features of Business Cycles

A Module 1 essay requirement to discuss the features of business cycles in detail using a fully labelled business cycle diagram.

Effects of Business Cycles

A Module 1 essay topic evaluating impacts on aggregate supply and aggregate demand, economic growth, employment, price levels/inflation rate, exchange rates, and the economically vulnerable.

Perfect and Imperfect Markets

A micro-economics topic specified as an essay question requiring a detailed discussion under Module 2.

Price Formation (Module 2 Essay)

An essay topic requiring graphs to illustrate equilibrium point, price and quantity, over supply/surplus, under supply/shortage, change in demand/change in supply, change in quantity demanded/supply, and factors that cause change.

Methods of Government Intervention

A Module 2 essay question requiring a detailed discussion of the methods government uses to intervene in the economy.

Regulation of Markets and Industrial Development

Two specific essay topics prescribed for detailed discussion under Module 3: Economic pursuits.

South African Population Size and Labour Force

Module 3 topics examined both in the general syllabus and through dedicated essay questions requiring detailed discussion.

Unemployment (Module 4 Essay)

The designated contemporary economic issues essay topic requiring students to discuss unemployment in detail.

Production Possibilities Curve

A micro-economics topic outlined under Module 2 for examination in Paper 2.

Economic Redress

A contemporary economic issues topic outlined under Module 4 for examination in Paper 2.