GRADE 11 NOVEMBER 2015 ECONOMICS P1
|
|
- Nickolas Booker
- 5 years ago
- Views:
Transcription
1 NATIONAL SENIOR CERTIFICATE GRADE 11 NOVEMBER 2015 ECONOMICS P1 MARKS: 150 TIME: 2 hours This question paper consists of 12 pages.
2 2 ECONOMICS P1 (EC/NOVEMBER 2015) INSTRUCTIONS AND INFORMATION 1. Answer FOUR questions as follows: SECTION A: COMPULSORY. SECTION B: Answer any TWO questions in the ANSWER BOOK. SECTION C: Answer any ONE question in the ANSWER BOOK. 2. Write the question number above each question. 3. Number the questions correctly according to the numbering system used in this question paper. 4. Read the questions carefully and start each question on a NEW page. 5. Leave 2 3 lines between subsections of questions. 6. Answer questions in full sentences and ensure that the format and content of your responses comply with the cognitive levels of the questions. 7. Write neatly and legibly. 8. Only the required number of questions will be marked in the order in which they appear in the ANSWER BOOK. 9. You may use a non-programmable pocket calculator. 10. Use only a black or blue pen.
3 (EC/NOVEMBER 2015) ECONOMICS P1 3 SECTION A (COMPULSORY) QUESTION Various possible options are provided as answers to the following questions. Choose the most correct answer and only write (A, B or C) next to the corresponding question number ( ) in the ANSWER BOOK, for example C A person who bring the other factors of production together in an efficient way. A B C Consumer Civil servants Entrepreneur To convert basic prices to market prices, taxes on products must be... A B C deducted. added. multiplied In a centrally planned economy all problems are resolved by... A B C private individuals. the government. producers Eskom generates electricity in South Africa by mainly using... A B C water. wind. coal Is levied on gains earned on the sale of capital goods, for example properties and shares: A B C Transfer duties Capital gains tax Wealth taxes An increase in the production of goods and services in a country over a year in physical terms: A B C Economic development Economic growth Investment
4 4 ECONOMICS P1 (EC/NOVEMBER 2015) People who are working less than they are capable of are... employed. A B C under more half-employed Fiat money A B C has intrinsic value. is Kruger Rands. has value only because it is generally accepted as a medium of exchange. (8 x 2) (16) 1.2 Choose the description from COLUMN B that matches an item in COLUMN A Only write the correct letter (A I) next to the corresponding question number ( ) in the ANSWER BOOK, for example I. COLUMN A COLUMN B Economic rent A occurs when the values of all outputs of all the enterprises in the economy are merely added together Double counting B given the best possible outcome within a given set of circumstances Optimum mix C financial assistance that need not be repaid Community services D the amount of money that a natural resource earns over and above its transfer earnings Productivity E include protection, sanitation and water Gini coefficient F a statistical measure used to express the inequality of income distribution Cash reserves G the amount of a bank assets that bank is kept in the form of cash to meet dayto-day withdrawals by its customers and financial commitments Grants H relationship between real output and inputs I the distribution of wealth among countries of the world (8 x 1) (8)
5 (EC/NOVEMBER 2015) ECONOMICS P Give ONE concept for each of the following descriptions. Write only the concepts next to the corresponding question number ( ) in the ANSWER BOOK The amount that the worker receives each day, each week or at the end of a month Goods that are used or destroyed in the process of being used A government s selling of more than 50% of the shares in its enterprises, or other kinds of services entities, to the private sector Implies an increase in the standard of living of the entire population Are issued by consumers organisations and retail businesses, and which give consumers access to credit When a country s total imports are more than its exports (6 x 1) (6) TOTAL SECTION A: 30
6 6 ECONOMICS P1 (EC/NOVEMBER 2015) SECTION B Answer any TWO questions from this section. QUESTION 2: MACRO ECONOMICS 40 MARKS 20 MINUTES Mention any TWO forms of community participation in local economic planning and activities. (2 x 1) (2) Explain the term Gross Domestic Product (GDP). (1 x 2) (2) 2.2 Study the table below and answer the questions that follow. Key labour market variables 2001 to 2013 (March of each year) Working age population (15 64) Not economically active Labour force Employed Unemployed Unemployment 26,6 29,3 24,2 23,6 23,5? 25,2 rate Absorption rate 45,8 41,2 42,6 44,1 44,0 40,6 41,0 Labour force participation 60,8 58,3 56,3 57,7 57,5 54,1 54,8 [Source: Statistics South Africa] Explain the term Not Economically Active. (2) Calculate the unemployment rate for (2) What trend do you observe in the working age population from the table? (2) Mention any TWO factors which determine the quality of a labour force. (4)
7 (EC/NOVEMBER 2015) ECONOMICS P DATA RESPONSE Study the picture below and answer the questions that follow Explain the term free market economy. (2) What is the message depicted in the above picture? (2) What motivates consumers and producers in a pure market economy? (2) Mention any TWO advantages of a free market economy. (4) 2.4 Explain capital (intermediate) goods and services. (4 x 2) (8) 2.5 Briefly discuss efficiency in delivering social services in South Africa. (2 x 4) (8) [40]
8 8 ECONOMICS P1 (EC/NOVEMBER 2015) QUESTION 3: ECONOMIC PURSUITS 40 MARKS 20 MINUTES 3.1 Answer the following questions Name any TWO factors that influence the income levels. (2 x 1) (2) Why does the government intervene in the economy? (1 x 2) (2) 3.2 DATA RESPONSE Study the extract below and answer the questions that follow. SADC SADC s vision is that of a common future, a future within a regional community that will ensure economic well-being, improvement of the standards of living and quality of life, freedom and the social justice and peace and security for the people of Southern Africa. This shared vision is anchored on the common values and principles and the historical and cultural similarities that exist between the people of Southern Africa. [Source: www. Sadc.int] Name any TWO countries that form part of the SADC. (2) What does the abbreviation SADC stands for? (2) Name any ONE objective of the vision of the SADC according to the extract. (2) List any TWO forms of economic integration and co-operation. (4)
9 (EC/NOVEMBER 2015) ECONOMICS P Study the cartoon below and answer the questions that follow What is a bank failure? (2) How does the South Africa Reserve Bank deal with bank failure? (2) Why do you think the old man in the picture is a victim of bank failure? (2) List any TWO reasons for bank failures. (2 x 2) (4) 3.4 Briefly discuss the aims of the monetary policy. (4 x 2) (8) 3.5 Analyse low standards of living and low levels of productivity as characteristics of developing countries. (2 x 4) (8) [40]
10 10 ECONOMICS P1 (EC/NOVEMBER 2015) QUESTION 4: MACRO ECONOMICS AND ECONOMIC PURSUITS 40 MARKS 20 MINUTES 4.1 Answer the following questions List any TWO kinds of mobile telephone that are in use. (2 x 1) (2) Explain the term economically marginalised group. (1 x 2) (2) 4.2 DATA RESPONSE Study the table below and answer the questions that follow. Real final consumption expenditure by household Category Year 1 st Qrt 2 nd Qrt 3 rd Qrt 4 th Qrt Year Durable 11,1 5,9 12,5 9,4 6,9 7,9 Semi-durable goods 6,2 7,6 8,5 7,1 3,1 6,7 Non-durable goods 2,7 2,4 2,7 0,5 0,2 2,2 Services 1,7 0, ,1 1,7 0,3 Total 3,5 2,4 2,5 2,1 2,0 2,6 [Source: Quarterly Bulletin March 2014] Define final consumption expenditure by household. (2) Identify the categories on which the household spent most of their income in 2012 and (2 x 1) (2) Express your own opinion about the percentage of consumer expenditure in the 4 th quarter compared to previous quarters. (2) Explain non-durable goods and give examples. (2 x 2) (4) 4.3 DATA RESPONSE Study the extract below and answer the questions that follow. SOUTH AFRICA TWO THIRDS URBANISED Two thirds of South Africa s population now live in urban areas, according to the most recent survey of the country released by the South African Institute of Race Relations in Johannesburg. The proportion of people living in urban areas increased from 52% in 1990 to 62% in 2011, the Institute said in a statement. The share of those living in rural areas dropped from 48% to 38% over the same period. It is expected that Africa s rate of urbanisation will have overtaken Asia s by South Africa s population grew by 15,5%, or almost 7 million people, in the space of 10 years to reach a total of 51,7 million in 2011, according to the country s latest national census. [Source: www southafrica. info]
11 (EC/NOVEMBER 2015) ECONOMICS P Define the term urbanisation. (2) What are the reasons for people to move to urban areas? Mention any TWO reasons. (4) What does the level of urbanisation in a country indicate? (2) Mention any ONE problem created by urbanisation in cities. (2) 4.4 Briefly explain any TWO factors that influence the profit of an entrepreneur. (2 x 4) (8) 4.5 Discuss the objectives of NEPAD. (4 x 2) (8) [40] TOTAL SECTION B: 80
12 12 ECONOMICS P1 (EC/NOVEMBER 2015) SECTION C Answer only ONE of the two questions in this section in the ANSWER BOOK. STRUCTURE OF THE ESSAY MARK ALLOCATION Introduction Max. 2 Body Main part: Discuss in detail/in depth discussion/ Max. 26 Examine/Critically discuss/analyse/compare/evaluate/ Distinguish/Explain/Assess/Debate Additional part: Give own opinion/critically discuss/evaluate/critically evaluate/draw a graph and Max. 10 explain/use the graph given and explain/compare/ Explain/Distinguish/Interpret/Briefly debate Conclusion Max. 2 TOTAL 40 QUESTION 5: MACRO ECONOMICS 40 MARKS 35 MINUTES 5.1 Economists divide the economy into three sectors: primary, secondary and tertiary sector. The role played by each sector changes, as the economy becomes more developed. Discuss the economic importance of primary sector in the economy. Critically evaluate the programmes that try to redress the issue of land in South Africa. [40] QUESTION 6: ECONOMICS PURSUITS 40 MARKS 35 MINUTES 6.1 One of the macroeconomic objectives of government is to ensure economic equity in the country. This means that the government must introduce measures to reduce the size of the income gap between rich and poor. Discuss and evaluate the methods used by the government to redistribute income and wealth. Briefly explain the reasons for the unequal distribution of income. [40] TOTAL SECTION C: 40 GRAND TOTAL: 150
13 NATIONAL SENIOR CERTIFICATE GRADE 11 NOVEMBER 2015 ECONOMICS P1 MEMORANDUM MARKS: 150 This memorandum consists of 12 pages.
14 2 ECONOMICS P1 (EC/NOVEMBER 2015) SECTION A: (COMPULSORY) QUESTION MULTIPLE-CHOICE QUESTION C Entrepreneur B added B government C coal B Capital gains tax B Economic growth A underemployed C has value only because it is generally accepted as a medium of exchange. (8 x 2) (16) 1.2 MATCHING ITEMS D the amount of money that a natural resource earns over and above its transfer earnings A occurs when the values of all outputs of all the enterprises in the economy are merely added together B given the best possible outcome within a given set of circumstances E include protection, sanitation and water H relationship between input and output F a statistical measure used to express the inequality of income distribution G the amount of a bank assets that is kept in the form of cash to meet day-to-day withdrawals by its customers and financial commitments C financial assistance that need not be repaid (8 x 1) (8) 1.3 GIVE ONE CONCEPT Nominal wage Non-durable goods Privatisation Economic development Consumer cards Trade deficit (6 x 1) (6) TOTAL SECTION A: 30
15 (EC/NOVEMBER 2015) ECONOMICS P1 3 SECTION B (Answer any THREE questions from this section.) QUESTION 2: MACRO ECONOMICS Individuals have to use their constitutional right to vote for the political party that will pursue objectives that are similar to their own. They have to participate in the official structures that are in place, such as councils, committees and forums. They may make appeals through the media, civil society organisations such as ratepayers association, petitions and authorised demonstrations and pickets. (Any 2 x 1) (2) The total value of all final goods and services produced within the borders of a country in a particular period, usually one year. (1 x 2) (2) 2.2 DATA RESPONSE Are people that are not suitable for work. People over the age of 65. Those under the age of 15 years old. (Any relevant answer) (Any 1 x 2) (2) / x 100 = 25% or 24,9% (2) There is an increase/increasing. (2) School education Work related training Health (Any 2 x 2) (4) 2.3 DATA RESPONSE Is an economy that uses supply and demand to answer the questions what, how and for whom to produce goods and services. (2) Individuals make their own decisions and have the freedom of choice without being dictated by the government. The factors of production are controlled and owned privately. (Any relevant answer) (Any 1 x 2) (2) Self-interest or private gain. (2) It works automatically Innovation Choice Economic growth Distribution of income and wealth Efficiency (Any 2 x 2) (4)
16 4 ECONOMICS P1 (EC/NOVEMBER 2015) 2.4 Explain capital (intermediate) goods and services. These goods help to manufacture other goods and are not directly use up. Examples are machinery and tools that help to produce. Are bought by manufactures of goods and services. Also include goods and services that are not fully finished or have to reach the final stage for it to be consumed. Still requires other processing to make it a final finished product. (Any 4 x 2) (8) 2.5 Briefly discuss efficiency in the delivery of social services in South Africa. Education and training Education is the single largest item of expenditure in the budget. It includes basic education in schools, FET colleges and universities, to increase literacy. Healthcare To provide basic health services to the community as a whole. Demand for healthcare is likely to increase as more patients have to receive treatment for HIV/Aids and TB. The housing function. Includes the provision of housing for the needy. Social security Tries to meet the basic needs of some individuals. It also protects and promotes the rights of vulnerable groups such as children, older persons, woman and people with disabilities. Public order and safety Physical protection includes the defence, police, criminal justice system and prison services. They are collective services. The quality and efficiency of these services make societies and individuals feel safe or unsafe, and secure or insecure. (2 x 4) (8) [40]
17 (EC/NOVEMBER 2015) ECONOMICS P1 5 QUESTION 3: ECONOMIC PURSUITS Level of education and tertiary qualifications. Regional location with higher incomes in urban areas compared to rural areas. Economic sector with primary sector earnings being lower than the tertiary sector earnings. Extent employment equity where income differences are due to race and gender discrimination. (Any relevant answer.) (Any 2 x 1) (2) To strengthen the functioning of markets. To promote economic growth and development. To ensure a redistribution of income and wealth. (Any 1 x 2) (2) 3.2 DATA RESPONSE Angola Botswana DRC Lesotho Malawi Mauritius Mozambique Namibia RSA Seychelles Swaziland Tanzania Zambia Zimbabwe Madagascar (Any 2 x 1) (2) South African Development Community (2) Economic well-being Improvement of standard of living and quality of life. Freedom and social justice and peace and security for the people of Southern Africa. (Any 1 x 2) (2) Free trade area Customs Union Common market Economic Union Monetary union (Any 2 x 2) (4)
18 6 ECONOMICS P1 (EC/NOVEMBER 2015) 3.3 DATA RESPONSE A bank failure occurs when a bank is unable to meet the cash demands of its customers. (2) SARB intervenes to prevent a loss of confidence in the banking sector. The SARB guarantees that depositors will not lose the money that they deposited in a registered bank. (2) Lost the money. Lose investment share in the bank. Lose confidence in the banking system. Could lose his home. (Any relevant answer) (Any 1 x 2) (2) Poor management Poor credit control Bad debt (Any 2 x 2) (4) 3.4 Briefly discuss the aims of monetary policy Protecting the currency value ensuring economic growth in the country. Controlling money supply and levels of credit advantageous to consumers and businesses. Managing conditions that are stable in the financial industry. Establishment of interest rates and promote investments and savings but also should be reasonable to those borrowing money. Exchange rates should be attained that are advantageous to the country. (4 x 2) 3.5 Analyse the standard of living and low levels of productivity as characteristics of developing countries. Low standard of living Standards of living are measured in terms of per capita GNI, or in terms of real per capita GNI if measured over time is involved. The standard of living in developing countries is generally low, mainly due to the low income levels. Resulted in poverty, inadequate housing, poor health, limited education, high infant mortality rates and low life expectancy. People struggle to meet their basic needs and do not fulfil their potential. (2 x 2) (4) Low levels of productivity Productivity levels are low due to the lack of expertise especially in key areas like sciences and technology. Other conditions such as poor health, poor nutrition and lack of innovation are also common. (2 x 2) (4) [40]
19 (EC/NOVEMBER 2015) ECONOMICS P1 7 QUESTION 4: MACRO ECONOMICS AND ECONOMIC PURSUITS Cellular telephone Satellite telephone Radio telephone (Any relevant answer accepted) (2 x 1) (2) Are people who are excluded from meaningful participation in society and whose needs are largely not addressed by the authorities. (Any relevant answer) (1 x 2) (2) 4.2 DATA RESPONSE Is the total expenditure by resident households and private non-profit institutions serving households on new final goods and services. (2) Durable goods Semi-durable goods (2 x 1) (2) Increase in a slightly slower pace/decrease. (Any relevant answer acceptable) (2) Non-durable goods are consumed or destroyed in the process of being used (consumed). Examples food, beverages and tobacco, household fuel, power and water. (Any relevant example accepted.) (2 x 2) (4) 4.3 DATA RESPONSE Urbanisation is the movement of people from rural areas to urban areas. (Any relevant answer acceptable) (2) Higher economic growth in urban areas attracting people to search for employment. For better education. Better health care services. Visit family. (Any relevant answer) (Any 2 x 2) (4) Level of development (2) Deficient infrastructure shortage of housing, schools, hospitals, water, and power suppliers. Overcrowding transport problems and traffic congestion. Environmental damage by development of informal housing. High unemployment (Any relevant answer) (Any 1 x 2) (2)
20 8 ECONOMICS P1 (EC/NOVEMBER 2015) 4.4 Briefly explain factors that influence the profit of an entrepreneur. The skills of the entrepreneur: Entrepreneurs who can control costs, produce efficiently and estimate their prices and sales correctly, are likely to have higher profits than those who lack similar skills. They are competent. Production processes and techniques Entrepreneurs need to decide on the production methods they are going to utilise. Decisions have to be taken on whether they are going to produce on a large scale or produce when they receive an order. The machinery used for the production of the goods will determine the production costs as well as the prices of the products. The demand for the product A demand for the products impacts on profit. If the demand for the product is high, sales generated will increase, the profits in turn will be high and vice versa. (Any 2 x 4) (8) 4.5 Discuss the objectives of NEPAD (8) To promote sustainability growth and development in African countries. Prevent Africa being marginalised and develop its ability to compete in global markets Alleviate poverty by addressing backlogs in service delivery. Fast track the empowerment of woman. Achieve the Millennium Development Goals (Any 4 x 2) (8) [40] TOTAL SECTION B: 80
21 (EC/NOVEMBER 2015) ECONOMICS P1 9 SECTION C Answer any one of the TWO questions from this section in the ANSWER BOOK. STRUCTURE OF THE ESSAY MARK ALLOCATION Introduction Max. 2 Body: Max. 26 Main part: Discuss in detail/in depth discussion/ Examine/Critically discuss/analyse/compare/ Evaluate/Distinguish/Explain/Assess/Debate Additional part: Give own opinion/critically Max.10 discuss/evaluate/critically evaluate/draw a graph and explain/use the graph given and explain/compare/ Explain/Distinguish/Interpret/Briefly debate Conclusion Max.2 TOTAL 40 QUESTION 5 Discuss the economic importance of primary sector in the economy Critically evaluate the programmes that try to redress the issue of land in South Africa. INTRODUCTION The primary sector consist of all economic activities that are a first step in the production process, for example mining, farming, forestry and fishing, to produce primary products. (Any relevant introduction accepted) Max. 2 (3) BODY Importance of primary sector Provides food and minerals: Some agricultural products we import. South Africa is almost self-reliant in minerals besides crude oil and other oil products that need to be imported. Earns foreign exchange by exports, which in turn pays for the imports of other products. Trains workers and creates job opportunities Workers need to be trained to use the machinery. Job opportunities are created in the mining industry. Agriculture is an important employer for rural people, although the numbers have reduced in recent years. Provision of raw material for secondary industries Fishing, mining and forestry play a vital role in the expansion and establishment of the secondary industries in South Africa. Contribution to GDP Due to the fall in the contribution of the primary sector to the GDP, it is vital that its role of job creation still exist.
22 10 ECONOMICS P1 (EC/NOVEMBER 2015) Source of capital formation The primary sector needs large amounts of capital to produce goods. Foreign investment plays a vital role in the expansion of these industries. Stimulation of research and development In the primary sector there are research institutions that conduct research into methods of boosting productivity and quality. Source of state income In this sector the SARS receives taxes from all industries. Gold mining companies pay extra taxes, which form an important source of state revenue. Positive influence on infrastructure The development of agricultural regions and the discovery of minerals played an important part in the country. Max. 26 (If only listed max. 9 marks) ADDITIONAL PART Briefly highlight the programmes that try to redress the issue of land in South Africa Land Restitution Programme The purpose of the programme is to assess the validity of claims, restore land or pay financial compensation to the claimants. People who were dispossessed of their land as a result of racially discriminatory laws and practices. Land Redistribution Programme The purpose to provide previously disadvantaged South Africans with access to agricultural land. The government originally aimed to redistribute 30% of South Africa s agricultural land by However it conceded in 2010 that the target would not be met by 2014 and 2025 seemed to be a more realistic date. The emphasis has shifted from faster redistribution of land to more support for settled beneficiaries. Max. 10 (If only listed max. 2 marks) CONCLUSION Primary sector has a very important role as it has provided people with food and raw materials since ancient times. Max. 2 (Any relevant conclusion accepted)
23 (EC/NOVEMBER 2015) ECONOMICS P1 11 QUESTION 6: ECONOMIC PURSUITS Discuss and evaluate the methods used by the government to redistribute income and wealth. Briefly explain the reasons for the uneven distribution of income. INTRODUCTION One of the macroeconomic objectives of the government is to ensure economic equity in the country. Therefore, the government must introduce measures to reduce the size of the income gap between the rich and the poor. (Any relevant introduction) Max. 3 BODY Redistribution method Taxation Taxation is one tool used by government to redistribute income. Most governments use a progressive tax system to redistribute income. In terms of the progressive tax, those who earn more pay more tax. The additional income generated by the change in the tax rate, can be used to finance social security programmes. In this way the government redistributes income from the rich to the poor. Social security Government uses revenue from taxation to pay for its social security programmes. Transfer payments such as old-age pensions and disability grants are paid out of tax revenue. The government also provide non-cash benefits such as food parcels, free education and free medical services to the poor. These benefits help to improve the standard of living of the low income groups and reduce the inequality gap Minimum wage The government can impose a minimum wage requirement. No employer is allowed is allowed to pay his workers a wage lower than a certain minimum This is to ensure that workers meet at least the minimum standard of living. Redress policies There are a number of policies that have been implemented by the South African government to redress the inequalities of the past. A variety of policies have since been introduced to empower these previously disadvantaged groups.
24 12 ECONOMICS P1 (EC/NOVEMBER 2015) Black Economic Empowerment BEE is a government intervention policy that was introduced in 1996 to address the inequalities of the past. This act provides the foundation for the transformation of the South African economy so that black people who own and manage and control the country s economy can increase significantly and income inequalities will decrease substantially. Land restitution and land redistribution The purpose is to return land to those who lost it as a result of racially discriminatory laws and practices. Land redistribution focuses on land of residential and productive use. It is based on a willing-buyer willing-seller-principle. Government aims to redistribute 30% of the country s agricultural land to previously disadvantaged people. Land is a major wealth asset if properly used. Property subsidies Properties are used to help beneficiaries acquire ownership of fixed residential property. The government housing subsidy scheme provides six funding options to all eligible people earning less than R3 500 per month. The subsidy may also be used to supplement loans from banks. ADDITIONAL PART Briefly explain reasons for uneven distribution of income. Unequal holdings of wealth As wealth generates income in the form of profits, interest and dividends, differentials in wealth cause differences in income. Differences in the composition of households Some households are big and others are small. Differences in skills and qualifications Those with advanced skills and qualifications are likely to earn higher incomes. Discrimination The income of some groups is adversely affected by discrimination in terms of employment opportunities, pay and promotion chances. (Any 5 x 2) (10) (If only listed max. 4 marks) CONCLUSION In South Africa, economic redress is applied to improve the standard of living of all people. This is done by improving everyone s access to economic resources through equal opportunities. Max. 2 (Any relevant conclusion accepted) [40] TOTAL SECTION C: 40 GRAND TOTAL: 150
GRADE 11 NOVEMBER 2014 ECONOMICS P1
NATIONAL SENIOR CERTIFICATE GRADE 11 NOVEMBER 2014 ECONOMICS P1 MARKS: 150 TIME: 1½ hours *IECONE1* This question paper consists of 12 pages. 2 ECONOMICS (NOVEMBER 2014) INSTRUCTIONS AND INFORMATION 1.
More informationSENIOR CERTIFICATE EXAMINATIONS
SENIOR CERTIFICATE EXAMINATIONS ECONOMICS P1 2017 MARKING GUIDELINES MARKS: 150 These marking guidelines consist of 16 pages. Economics/P1 2 DBE/2017 SECTION A (COMPULSORY) QUESTION 1 1.1 MULTIPLE-CHOICE
More informationThe Government and Fiscal Policy
The Government and Fiscal Policy How does the government affect us? Government provide water, electricity, sewerage, education, health services, police and defence force. Some of these are paid for directly
More informationAn overview of the South African macroeconomic. environment
An overview of the South African macroeconomic environment 1 Study instruction Study Study guide: study unit 1 Study unit outcomes Once you have worked through this study unit, you should be able to give
More informationHIGHER SCHOOL CERTIFICATE EXAMINATION ECONOMICS 2/3 UNIT (COMMON) Time allowed Three hours (Plus 5 minutes reading time)
HIGHER SCHOOL CERTIFICATE EXAMINATION 2000 ECONOMICS 2/3 UNIT (COMMON) Time allowed Three hours (Plus 5 minutes reading time) DIRECTIONS TO CANDIDATES Board-approved calculators may be used. You may ask
More informationNATIONAL SENIOR CERTIFICATE GRADE 12
NATIONAL SENIOR CERTIFICATE GRADE 12 ECONOMICS P1 NOVEMBER 2014 MEMORANDUM MARKS: 150 This memorandum consists of 19 pages. Economics/P1 2 DBE/November 2014 SECTION A (COMPULSORY) QUESTION 1 1.1 MULTIPLE-CHOICE
More informationNATIONAL SENIOR CERTIFICATE GRADE 12
NTIONL SENIOR ERTIFITE GRDE 12 EONOMIS PPER P1 1 MROEONOMIS & EONOMI PURSUITS FERURY/MRH 2016 2016 MRKS: 150 TIME: 2 hours This question paper consists of 11 pages. Economics/P1 2 DE/Feb. Mar. 2016 INSTRUTIONS
More informationSDMX CONTENT-ORIENTED GUIDELINES LIST OF SUBJECT-MATTER DOMAINS
SDMX CONTENT-ORIENTED GUIDELINES LIST OF SUBJECT-MATTER DOMAINS 2009 SDMX 2009 http://www.sdmx.org/ Page 2 of 10 SDMX list of statistical subject-matter domains 1 : Overview Domain 1: Demographic and social
More informationNATIONAL SENIOR CERTIFICATE GRADE 12
NATIONAL SENIOR CERTIFICATE GRADE 12 ECONOMICS P1 NOVEMBER 2015 MARKS: 150 TIME: 2 hours This question paper consists of 12 pages. Economics/P1 2 DBE/November 2015 NSC INSTRUCTIONS AND INFORMATION 1. Answer
More informationA Low Growth Trap Amidst the Skills Challenge in South Africa. Professor Haroon Bhorat DPRU, UCT 29 September 2016
A Low Growth Trap Amidst the Skills Challenge in South Africa Professor Haroon Bhorat DPRU, UCT 29 September 2016 Outline The South African Economy: The Genesis of An Emerging Market Growth Trap Economic
More informationECONOMICS. 1. This question paper consists of 15 pages. Please check that your question paper is complete.
NATIONAL SENIOR CERTIFICATE EXAMINATION NOVEMBER 2015 ECONOMICS Time: 3 hours 300 marks PLEASE READ THE FOLLOWING INSTRUCTIONS CAREFULLY 1. This question paper consists of 15 pages. Please check that your
More informationSENIOR CERTIFICATE EXAMINATIONS
SENIOR CERTIFICATE EXAMINATIONS ECONOMICS P1 2016 MEMORANDUM MARKS: 150 This memorandum consists of 17 pages. Economics/P1 2 DBE/2016 SECTION A (COMPULSORY) QUESTION 1 1.1 MULTIPLE-CHOICE QUESTIONS 1.1.1
More informationNational Minimum Wage in South Africa: Quantification of Impact
National Minimum Wage in South Africa: Quantification of Impact Asghar Adelzadeh, Ph.D. Director and Chief Economic Modeller Applied Development Research Solutions (ADRS) (asghar@adrs-global.com) Cynthia
More informationEconomic Landscape of South Africa
Economic Landscape of South Africa INTRODUCTION One of the leading economies in Africa, with a well-developed infrastructure and established trade links with the rest of the continent, South Africa is
More informationTHE SUSTAINABLE DEVELOPMENT GOALS AND SOCIAL PROTECTION
THE SUSTAINABLE DEVELOPMENT GOALS AND SOCIAL PROTECTION Ms Nelisiwe Vilakazi Acting Director General- Ministry of Social Development REPUBLIC OF SOUTH AFRICA Global Practitioners Learning Event Oaxaca,
More informationSECTION SIX: Labour Demand Forecasting Model
PAGE 115 SECTION SIX: Labour Demand Forecasting Model 6.1. INTRODUCTION The demand for labour up to 2010 according to the SIC sectors have been estimated through the development of a labour demand model.
More informationTHE SOUTHERN AFRICAN DEVELOPMENT COMMUNITY MEMORANDUM OF UNDERSTANDING CO-OPERATION IN TAXATION AND RELATED MATTERS
THE SOUTHERN AFRICAN DEVELOPMENT COMMUNITY MEMORANDUM OF UNDERSTANDING ON CO-OPERATION IN TAXATION AND RELATED MATTERS PREAMBLE The Governments of: The Republic of Angola The Republic of Botswana The Democratic
More informationGRAAD 12 NATIONAL SENIOR CERTIFICATE GRADE 12
GRD 12 NTIONL SENIOR ERTIFITE GRDE 12 EONOMIS P1 FERURY/MRH 2015 MRKS: 150 TIME: 1½ hours This question paper consists of 12 pages. Economics/P1 2 DE/Feb. Mar. 2015 INSTRUTIONS ND INFORMTION 1. nswer FOUR
More informationTariffs and Tariff Design Promoting Access to the Poor
Regulation for Practitioners Building Capacity through Participation Tariffs and Tariff Design Promoting Access to the Poor Gloria Magombo Energy Advisor gmagombo@satradehub.org July 27-31, Eskom Convention
More informationADDRESSING PUBLIC PRIVATE SECTOR INEQUALITIES PROFESSOR EMERITUS YOSUF VERIAVA
ADDRESSING PUBLIC PRIVATE SECTOR INEQUALITIES PROFESSOR EMERITUS YOSUF VERIAVA HEALTH INEQUALITY AND INEQUITY Disparity: Is there a difference in the health status rates between population groups? Inequality:
More informationECS2603. Tutorial Letter 201/2/2014. South African Economic Indicators. Semester 2. Department of Economics ECS2603/201/2/2014
ECS2603/201/2/2014 Tutorial Letter 201/2/2014 South African Economic Indicators ECS2603 Semester 2 Department of Economics IMPORTANT INFORMATION: This tutorial letter contains important information about
More informationOCR Unit 2. Economics Revision. Judah Chandra
1 OCR Unit 2 Economics Revision Economics Revision Judah Chandra 2 AD = C + I + G (X - M) KEY TERMS Economic growth - in the short run, an increase in real GDP, and in the long run, an increase in productive
More informationMacroeconomics. for AS Level. 2nd Edition. Andrew Threadgould
Macroeconomics for AS Level 2nd Edition Andrew Threadgould Contents Contents Chapter 1 The Macroeconomy................................................... 1 Chapter 2 Economic Growth.....................................................
More informationHow s Life in South Africa?
How s Life in South Africa? November 2017 The figure below shows South Africa s relative strengths and weaknesses in well-being, with reference to both the OECD average and the average outcomes of the
More informationPRESENTATION ON THE INVESTMENT OPPORTUNITIES IN BOTSWANA. Ms Reitumetse Aphiri Executive Director Investment Promotions 27 th February 2013
PRESENTATION ON THE INVESTMENT OPPORTUNITIES IN BOTSWANA Ms Reitumetse Aphiri Executive Director Investment Promotions 27 th February 2013 Contents 1. Botswana Overview Key Figures Macroeconomic Fundamentals
More informationWORLD TRADE WT/MIN(98)/ST/96 20 May 1998 ORGANIZATION
WORLD TRADE WT/MIN(98)/ST/96 20 May 1998 ORGANIZATION (98-2118) MINISTERIAL CONFERENCE Second Session Geneva, 18 and 20 May 1998 Original: English TANZANIA Statement Circulated by Hon. K.A. Mussa, Minister
More informationExecutive Summary. Findings from Current Research
Current State of Research on Social Inclusion in Asia and the Pacific: Focus on Ageing, Gender and Social Innovation (Background Paper for Senior Officials Meeting and the Forum of Ministers of Social
More informationEconomics 2006 HIGHER SCHOOL CERTIFICATE EXAMINATION. Total marks 100. Section I Pages 2 8
2006 HIGHER SCHOOL CERTIFICATE EXAMINATION Economics Total marks 100 Section I Pages 2 8 General Instructions Reading time 5 minutes Working time 3 hours Write using black or blue pen Board-approved calculators
More informationGeneral government expenditure by function
Government Finance 2014 General government expenditure by function Ratio of total general government expenditure to gross domestic product grew in The ratio of total general government expenditure to gross
More informationFEEDBACK TUTORIAL LETTER
FEEDBACK TUTORIAL LETTER 2 nd SEMESTER 2017 ASSIGNMENT 1 DEVELOPMENT ECONOMICS DEC712S 1 COURSE: COURSE CODE: DEVELOPMENT ECONOMICS DEC712S TUTORIAL LETTER: 08/2017 DATE: AUGUST 2017 Dear Student Thank
More informationJUNE 2013 EXAMINATION DATE: 13 JUNE 2013 DURATION: 3 HOURS PASS MARK: 40% (BUS-EC) ECONOMICS
ECOBUS JUNE 2013 EXAMINATION DATE: 13 JUNE 2013 TIME: 09H00 12H00 TOTAL: 100 MARKS DURATION: 3 HOURS PASS MARK: 40% (BUS-EC) ECONOMICS THIS EXAMINATION PAPER CONSISTS OF 4 SECTIONS: SECTION A: CONSISTS
More informationOCR Economics A-level
OCR Economics A-level Macroeconomics Topic 4: The Global Context 4.5 Trade policies and negotiations Notes Different methods of protectionism Protectionism is the act of guarding a country s industries
More informationWhat questions would you like answered?
What questions would you like answered? Define the following: Globalisation an expansion of world trade leading to increased international interdependence GDP The value of goods and services produced in
More informationA new national consensus and a new commitment to deliver were necessary to address the triple challenges of poverty, unemployment and inequality.
Budget 2017 Introduction In delivering Budget 2017 in parliament, the finance minister, Pravin Gordhan, emphasised that South Africa was at a conjuncture which requires the wisdom of our elders to help
More informationSouthern Africa Business Forum South Africa 2 August SADC Integrated Regional Electronic Settlement System SIRESS
Southern Africa Business Forum South Africa 2 August 2017 SADC Integrated Regional Electronic Settlement System SIRESS Finance and Investment Protocol Outline Who are we The SIRESS journey Governance structure
More informationUnit 6 Measuring and Monitoring Economics (Ch 12 and 13)
Unit 6 Measuring and Monitoring Economics (Ch 12 and 13) -Macroeconomics 0 & Microeconomics- Government tries to prevent free enterprise from having wild swings in economic behavior. Microeconomics - analyzes
More informationUNCTAD S LDCs REPORT 2013 Growth with Employment for Inclusive & Sustainable Development
UNCTAD S LDCs REPORT 2013 Growth with Employment for Inclusive & Sustainable Development Media briefing on the Occasion of the Global Launch Dhaka: 20 November 2013 Outline q q q q q q q Information on
More informationPRELIMINARY ANNUAL NATIONAL ACCOUNTS 2014
PRELIMINARY ANNUAL NATIONAL ACCOUNTS 2014 Est. by Statistics Act 9 of 2011 Preliminary Annual National Account 2014 Namibia Statistics Agency 1 MISSION STATEMENT In a coordinated manner we produce and
More informationWJEC (Eduqas) Economics A-level Trade Development
WJEC (Eduqas) Economics A-level Trade Development Topic 1: Global Economics 1.3 Non-UK economies Notes Characteristics of developed, developing and emerging (BRICS) economies LEDCs Less economically developed
More informationOCR Economics AS-level
OCR Economics AS-level Macroeconomics Topic 1: Economic Policy Objectives and Indicators of Macroeconomic Performance 1.1 Economic growth Notes Economic growth is defined as the expansion of the productive
More informationINDICATORS OF DEVELOPMENT
INDICATORS OF DEVELOPMENT INDICATORS OF DEVELOPMENT As was discovered in the previous section on Development Issues, there are two distinct groups of countries, known as MEDC s and LEDC s. In order to
More informationHuman Development Indices and Indicators: 2018 Statistical Update. Congo
Human Development Indices and Indicators: 2018 Statistical Update Briefing note for countries on the 2018 Statistical Update Introduction Congo This briefing note is organized into ten sections. The first
More information2010 HSC Economics Sample Answers
2010 HSC Economics Sample Answers This document contains sample answers, or, in the case of some questions, answers could include. These are developed by the examination committee for two purposes. The
More informationLiving Conditions and Well-Being: Evidence from African Countries
Living Conditions and Well-Being: Evidence from African Countries ANDREW E. CLARK Paris School of Economics - CNRS Andrew.Clark@ens.fr CONCHITA D AMBROSIO Université du Luxembourg conchita.dambrosio@uni.lu
More informationIs the South African Government s Growth Target of 6% by 2014 in Jeopardy?
12 June 2008 Park Hyatt Johannesburg, South Africa Is the South African Government s Growth Target of 6% by 2014 in Jeopardy? Ronèl Oberholzer Senior Economist Global Insight Southern Africa Presentation
More informationNATIONAL SENIOR CERTIFICATE GRADE 12
NATIONAL SENIOR CERTIFICATE GRADE 12 ECONOMICS P1 NOVEMBER 2017 MARKING GUIDELINES MARKS: 150 These marking guidelines consist of 22 pages. Economics /P1 2 DBE/November 2017 SECTION A (COMPULSORY) QUESTION
More informationSTUDY UNITS COVERED : STUDY UNITS 1-2. DUE DATE : 3:00 p.m. 20 AUGUST 2013
Page 1 of 8 ASSIGNMENT 2 ND SEMESTER : MACROECONOMICS (MAC) ECONOMICS 1 (ECO101) STUDY UNITS COVERED : STUDY UNITS 1-2 DUE DATE : 3:00 p.m. 20 AUGUST 2013 TOTAL MARKS : 100 INSTRUCTIONS TO CANDIDATES FOR
More informationTo make a difference in people s lives by making their financial freedom POSSIBLE.
GROUP RISK PRODUCTS 2 Group Risk OUR PURPOSE To make a difference in people s lives by making their financial freedom POSSIBLE. Group Risk 3 Contents 1. About Liberty Life 04 3. Liberty Holdings Footprint
More informationEXECUTIVE SUMMARY: KEY MESSAGES OF THE REPORT
EXECUTIVE SUMMARY: KEY MESSAGES OF THE REPORT Timor-Leste has made substantial progress in the years following its independence in 2002 and particularly since the 2006 crisis. The 2011 Timor-Leste National
More informationBriefing note for countries on the 2015 Human Development Report. Lesotho
Human Development Report 2015 Work for human development Briefing note for countries on the 2015 Human Development Report Lesotho Introduction The 2015 Human Development Report (HDR) Work for Human Development
More informationCHARTER FOR SUSTAINABLE AND BROAD-BASED ECONOMIC AND SOCIAL TRANSFORMATION IN THE NAMIBIAN MINING SECTOR ( THE NAMIBIAN MINING CHARTER ) 19
CHARTER FOR SUSTAINABLE AND BROAD-BASED ECONOMIC AND SOCIAL TRANSFORMATION IN THE NAMIBIAN MINING SECTOR 2014-2020 ( THE NAMIBIAN MINING CHARTER ) 19 September 2014 1 Introduction and Context With the
More informationWJEC (Eduqas) Economics A-level
WJEC (Eduqas) Economics A-level Macroeconomics Topic 2: Macroeconomic Objectives 2.2 Economic growth Notes Economic growth is defined as the expansion of the productive potential of the economy. It can
More informationHow s Life in Brazil?
How s Life in Brazil? November 2017 The figure below shows Brazil s relative strengths and weaknesses in well-being, with reference both to the OECD average and to the average outcomes of the OECD partner
More informationAGREEMENT AMENDING ANNEX 1 (CO-OPERATION ON INVESTMENT) OF THE PROTOCOL ON FINANCE AND INVESTMENT
AGREEMENT AMENDING ANNEX 1 (CO-OPERATION ON INVESTMENT) OF THE PROTOCOL ON FINANCE AND INVESTMENT AGREEMENT AMENDING ANNEX 1 (CO-OPERATION ON INVESTMENT) OF THE PROTOCOL ON FINANCE AND INVESTMENT We the
More informationCambridge Assessment International Education Cambridge International General Certificate of Secondary Education. Published
Cambridge Assessment International Education Cambridge International General Certificate of Secondary Education ECONOMICS 0455/1 Paper Structured Questions MARK SCHEME Maximum Mark: 90 Published This mark
More informationEswatini (Kingdom of)
Human Development Indices and Indicators: 2018 Statistical Update Briefing note for countries on the 2018 Statistical Update Introduction (Kingdom This briefing note is organized into ten sections. The
More informationIntroduction to Macroeconomics
Week 1: General notes: o Macroeconomics studies the aggregate impact of individual decisions. Microeconomics studies decision-making by individual economic agents o In the study of macroeconomics, an economist
More informationPROGRESS REPORT ON THE IMPLEMENTATION OF THE IPoA FOR LDCs 2015
PROGRESS REPORT ON THE IMPLEMENTATION OF THE IPoA FOR LDCs 2015 Africa Regional Forum on Sustainable Development (ARFSD) 17 June 2015 Addis Ababa, Ethiopia Deniz Kellecioglu Economic Affairs Officer Macroeconomic
More informationGeneral Certificate of Education Advanced Level Examination June 2011
General Certificate of Education Advanced Level Examination June 2011 Economics ECON4 Unit 4 The National and International Economy Thursday 23 June 2011 1.30 pm to 3.30 pm For this paper you must have:
More information9) According to research, which of the following countries is the strongest supporter of free markets? A) China B) India C) France D) Ukraine
1 FOR STUDENT S PERSONAL USE ONLY, DO NOT COPY OR REDISTRIBUTE. International Business: Environments and Operations, 15e, Global Edition (Daniels et al.) Some content 2015 Pearson Education Ltd. Chapter
More informationHow s Life in Costa Rica?
How s Life in Costa Rica? November 2017 The figure below shows Costa Rica s relative strengths and weaknesses in well-being with reference to both the OECD average and the average of the OECD partner countries
More information2.1 Economic activity The level of overall economic activity
2.1 Economic activity The level of overall economic activity Learning Outcomes Describe, using a diagram, the circular flow of income between households and firms in a closed economy with no government.
More informationHow s Life in the Russian Federation?
November 2017 How s Life in the Russian Federation? The figure below shows the Russian Federation s relative strengths and weaknesses in well-being, with reference to both the OECD average and the average
More informationAfghanistan: Transition to Transformation Update. January 29, 2014 JCMB Meeting. The World Bank
Afghanistan: Transition to Transformation Update January 29, 2014 JCMB Meeting The World Bank 1 Outline Outline Progress and Challenges Key Messages from Tokyo and Transition Report Recent Economic and
More informationIncome and Wealth Inequality A Lack of Equity
Income and Wealth Inequality A Lack of Equity Increasing inequality in the distribution of income and wealth is an example of market failure. Resources are not distributed equitably. Income Income is a
More informationECO401- Final Term Subjective
ECO401- Final Term Subjective Current Paper 20 July 2013 What is meant by non price competition? Non price competition means competition amongst the firms based on factors other than price, e.g. advertising
More informationCan you explain your answer?
Public Expenditure Multiple Choice 1 Fiscal policy involves changes in both a) the budget balance and the balance of payments b) interest rates and the supply of credit c) the money supply and the exchange
More informationNew Multidimensional Poverty Measurements and Economic Performance in Ethiopia
New Multidimensional Poverty Measurements and Economic Performance in Ethiopia 1. Introduction By Teshome Adugna(PhD) 1 September 1, 2010 During the last five decades, different approaches have been used
More informationNa#onal Income Mr Traynor
Na#onal Income Mr Traynor Economics Pack 4 Exam Prep 6 th Year, Ailesbury Rd 1) Short Ques+ons Study the table below and calculate (i) and (ii), showing all your workings. (i) Year National Income Consumption
More informationExecutive summary. Universal social protection to achieve the Sustainable Development Goals
Executive summary Universal social protection to achieve the Sustainable Development Goals 2017 19 Universal social protection to achieve the Sustainable Development Goals Executive summary Social protection,
More informationChapter 9. Development
Chapter 9 Development The world is divided between relatively rich and relatively poor countries. Geographers try to understand the reasons for this division and learn what can be done about it. Rich and
More informationASSIGNMENT 1 ST SEMESTER : MACROECONOMICS (MAC) ECONOMICS 1 (ECO101) STUDY UNITS COVERED : STUDY UNITS 1 AND 2. DUE DATE : 3:00 p.m.
Page 1 of 15 ASSIGNMENT 1 ST SEMESTER : MACROECONOMICS (MAC) ECONOMICS 1 (ECO101) STUDY UNITS COVERED : STUDY UNITS 1 AND 2 DUE DATE : 3:00 p.m. 19 MARCH 2013 TOTAL MARKS : 100 INSTRUCTIONS TO CANDIDATES
More informationUNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education ECONOMICS
UNIVERSITY F MRIGE INTERNTINL EXMINTINS International General ertificate of Secondary Education ENMIS 0455/01 Paper 1 Multiple hoice ctober/november 2004 dditional Materials: Multiple hoice nswer Sheet
More informationSerbia. Country coverage and the methodology of the Statistical Annex of the 2015 HDR
Human Development Report 2015 Work for human development Briefing note for countries on the 2015 Human Development Report Serbia Introduction The 2015 Human Development Report (HDR) Work for Human Development
More informationSENIOR CERTIFICATE EXAMINATIONS
SENIOR ERTIFITE EXMINTIONS EONOMIS P1 2017 MRKS: 150 TIME: 2 hours This question paper consists of 12 pages. Economics/P1 2 E/2017 INSTRUTIONS N INFORMTION 1. nswer FOUR questions as follows in the NSWER
More informationCambridge International Examinations Cambridge International General Certificate of Secondary Education. Published
Cambridge International Examinations Cambridge International General Certificate of Secondary Education ECONOMICS 0455/23 Paper 2 Structured Questions May/June 2016 MARK SCHEME Maximum Mark: 90 Published
More informationHow s Life in Colombia?
How s Life in Colombia? November 2017 The figure below shows Colombia s relative strengths and weaknesses in well-being, with reference to both the OECD average and the average outcomes of OECD partner
More informationMonitoring the Performance of the South African Labour Market
Monitoring the Performance of the South African Labour Market An overview of the South African labour market for the Year ending 2011 5 May 2012 Contents Recent labour market trends... 2 A labour market
More informationTRANSFORMING THE LIVES OF RURAL WOMEN AND GIRLS THROUGH GENDER AND EQUITY BUDGETING
THE REPUBLIC OF UGANDA TRANSFORMING THE LIVES OF RURAL WOMEN AND GIRLS THROUGH GENDER AND EQUITY BUDGETING A Concept Note for the Side Event by Government of Uganda At the 62 nd Session of the Commission
More informationForeign investment and regional integration in Southern Africa. Lynne Thomas
Foreign investment and regional integration in Southern Africa Lynne Thomas Centre for Research into Economics and Finance in Southern Africa London School of Economics OECD Seminar, Johannesburg, 25-26
More informationMeeting on the Post-2015 Development Agenda for LDCs, LLDCs and SIDS in Asia and the Pacific: Nepal s Perspective
Meeting on the Post-2015 Development Agenda for LDCs, LLDCs and SIDS in Asia and the Pacific: Nepal s Perspective Yuba Raj Bhusal, Member Secretary National Planning Commission, Nepal Contents 1. Nepal:
More informationOman. Country coverage and the methodology of the Statistical Annex of the 2015 HDR
Human Development Report 2015 Work for human development Briefing note for countries on the 2015 Human Development Report Oman Introduction The 2015 Human Development Report (HDR) Work for Human Development
More informationWealth Inequality Reading Summary by Danqing Yin, Oct 8, 2018
Summary of Keister & Moller 2000 This review summarized wealth inequality in the form of net worth. Authors examined empirical evidence of wealth accumulation and distribution, presented estimates of trends
More informationWhat has happened to inequality and poverty in post-apartheid South Africa. Dr Max Price Vice Chancellor University of Cape Town
What has happened to inequality and poverty in post-apartheid South Africa Dr Max Price Vice Chancellor University of Cape Town OUTLINE Examine trends post-apartheid (since 1994) Income inequality Overall,
More informationScenic Rim Regional Council Community Sustainability Indicators 2009
Scenic Rim Regional Council Community Sustainability Indicators 2009 Draft July 2009 This report was commissioned by Scenic Rim Regional Council and the Queensland Government through the Boonah Rural Futures
More informationPoverty, Inequity and Inequality in New Zealand
Poverty, Inequity and Inequality in New Zealand Inequality and Inequity Equity is fairness or justice with individual circumstances taken into account. It is also a matter of opinion what is equitable
More informationUNITED REPUBLIC OF TANZANIA NATIONAL AGEING POLICY
UNITED REPUBLIC OF TANZANIA NATIONAL AGEING POLICY MINISTRY OF LABOUR, YOUTH DEVELOPMENT AND SPORTS September, 2003 TABLE OF CONTENTS CHAPTER ONE PAGE 1. INTRODUCTION. 1 1.1 Concept and meaning of old
More informationLesotho s Consumer Inflation: A Closer Look at the Numbers
Lesotho s Consumer Inflation: A Closer Look at the Numbers Lesotho s inflation has evolved quite interestingly in recent months.. Introduction Inflation is an important indicator of the health of an economy.
More informationTerms of Reference for consultancy to carry out Project Base line study in the Malawi, Mozambique, Tanzania, Zambia and SADC region
Terms of Reference for consultancy to carry out Project Base line study in the Malawi, Mozambique, Tanzania, Zambia and SADC region STRENGTHENING THE SOCIAL ACCOUNTABILITY AND OVERSIGHT CAPACITY OF PARLIAMENTARY
More informationThe contribution of British American Tobacco South Africa to the Western Cape economy
The contribution of British American Tobacco South Africa to the Western Cape economy A study conducted by Quantec Research, 2016 Contents 2 The contribution of British American Tobacco South Africa to
More informationHuman Development Indices and Indicators: 2018 Statistical Update. Nigeria
Human Development Indices and Indicators: 2018 Statistical Update Briefing note for countries on the 2018 Statistical Update Introduction Nigeria This briefing note is organized into ten sections. The
More informationSENIOR CERTIFICATE EXAMINATIONS
SENIOR ERTIFITE EXMINTIONS EONOMIS P1 2016 MRKS: 150 TIME: 2 hours This question paper consists of 12 pages. Economics/P1 2 DE/2016 INSTRUTIONS ND INFORMTION 1. nswer FOUR questions as follows in the NSWER
More informationPublic Sector Reform Process in Lesotho: Benefits and Challenges
Public Sector Reform Process in Lesotho: Benefits and Challenges The Government of Lesotho realised the need for, and has undertaken to improve public financial management. In order to carry out this enormous
More information9/22/2010. Growing outside South Africa Clive Tasker, Chief Executive: Standard Bank Africa. Strategy
Standard d Bank Group Growing outside South Africa Clive Tasker, Chief Executive: Standard Bank Africa Strategy 1 What is our strategy? To build a leading emerging markets financial services organisation
More informationWhat is Inclusive growth?
What is Inclusive growth? Tony Addison Miguel Niño Zarazúa Nordic Baltic MDB meeting Helsinki, Finland January 25, 2012 Why is economic growth important? Economic Growth to deliver sustained poverty reduction
More informationKENYA'S VISION 2030: AN AUDIT FROM AN INCOME AND GENDER INEQUALITIES PERSPECTIVE. SID Society for International Development
KENYA'S VISION 2030: AN AUDIT FROM AN INCOME AND GENDER INEQUALITIES PERSPECTIVE SID Society for International Development I Contents Section 1 List of Abbreviations and Acronyms x Executive Summary xiv
More informationESF PR 2.9. ESF Programme for Employability, Inclusion and Learning OP
ESF Programme for Employability, Inclusion and Learning OP 2014-2020 Priority: Priority 2: Promoting Social Inclusion and combating discrimination in the labour market Thematic Objective and investment
More informationProducers can be classified into one of the following sectors of the economy. Broad industry groups: Sectors of the Economy.
PRODUCTIVE SECTORS OF THE ECONOMY Objectives: Explain the characteristics of primary, secondary and tertiary sectors, and the interdependence of the different sectors The Factors of Production these are
More informationGuide for Country Report:
ECO 5360: Economic Development: Macro Spring 2018 Thomas Osang Guide for Country Report: The report should consist of four parts. Part I (2 pages) In part I you should present qualitative information that
More informationPublic Employment Programmes: Are They Working? Rudi Dicks 5 December 2016
Public Employment Programmes: Are They Working? Rudi Dicks 5 December 2016 What did we inherit in 1994 SA economy had been shaped by apartheid policies and by a dependence on mining exports The apartheid
More information