The Economic Management Sciences (EMS) Curriculum and Assessment Policy Statement (CAPS) for Grade 7-9 serves as a comprehensive guide for educators, learners, and stakeholders in the field of economic education in South Africa. This pivotal document outlines the essential knowledge, skills, and values that learners are expected to acquire as they navigate through the complexities of economic activities, financial management, and societal interactions. Designed to align with the national education goals, the CAPS document aims to foster a generation of economically literate individuals who can actively participate in and contribute to sustainable economic growth and development.
The CAPS document is structured to cover a broad spectrum of topics, ranging from the basic needs and wants of different communities to intricate aspects of financial management and entrepreneurship. It delves into the nature of goods and services, the influence of demand and supply on pricing, and the flow of money and resources among households, businesses, and governments. Furthermore, it addresses critical issues like sustainable growth, wealth distribution, and the responsible use of resources. By providing a well-rounded curriculum, the EMS CAPS document for Grade 7-9 aims to equip learners with the tools they need to make informed decisions that benefit not only themselves but also the broader community and economy.
EMS Caps Document Grade 7-9
Economic Management Sciences (EMS) for Grade 7-9 aims to equip learners with essential knowledge and skills to understand and participate effectively in the economic world. The curriculum is designed to cover a broad range of topics that are integral to understanding economic activities, financial management, and societal needs.
Key Content Areas
- Needs and Wants of Different Communities in Societies
- Understanding the basic needs and wants that drive economic activities.
- Exploring how these needs and wants vary across different communities and cultures.
- Nature, Processes, and Production of Goods and Services
- Learning about the production process, from raw materials to finished goods.
- Understanding various business activities within sectors like agriculture, manufacturing, and services.
- Financial Management and Accounting
- Introduction to accounting principles as a tool for business management.
- Importance of record-keeping for effective financial management.
- Influence of Demand and Supply, and Pricing
- Understanding how demand and supply affect pricing.
- Exploring market equilibrium and consumer behaviour.
- Flow of Money, Goods, and Services
- Learning about the economic interactions between households, businesses, and government.
- Understanding the rights and responsibilities of different economic role players.
- Sustainable Growth and Wealth Distribution
- Discussing strategies for sustainable economic growth.
- Exploring ways to reduce poverty and distribute wealth fairly while maintaining profitability.
- Entrepreneurial Skills and Knowledge
- Developing skills for effective self-management and environmental sustainability.
- Learning the basics of starting and running a business.
- Leadership and Management
- Understanding the roles and responsibilities of leaders and managers in an economic setting.
- Learning about decision-making, problem-solving, and team management.
- Role of Savings in Economic Growth
- Understanding the importance of savings for both individuals and the broader economy.
- Learning about different savings instruments and their benefits.
- Trade Unions and Economic Influence
- Exploring the role and influence of trade unions in the economy.
- Understanding collective bargaining and labour laws.
- Sustainable Resource Use
- Learning about the importance of using resources sustainably, effectively, and efficiently.
- Discussing the environmental impact of economic activities.
- Formal and Informal Businesses
- Understanding the characteristics and functioning of both formal and informal business sectors.
- Learning about the challenges and opportunities in each sector.
By covering these key content areas, the EMS curriculum for Grade 7-9 aims to provide learners with a well-rounded understanding of economic and financial principles. This knowledge will empower them to make informed decisions, both personally and within the broader community, contributing to sustainable economic growth and development.
Download the Economics Management and Science CAPS Document for Grade 7, Grade 8 and Grade 9
Below you can download the Economics Management and Science CAPS Document for Grade 7, Grade 8 and Grade 9 in pdf format.
