Economic Management Sciences Learning Area - Curriculum ...

Explains the purpose and use of
community savings schemes (e.g.
stokvels, club accounts, funeral societies,
thrift and loan societies).
Understands and participates in the
production process, from raw materials to
final products, including waste products.
Explains the concept of debt and
compares the banking and savings
facilities offered by different banks.
7.3.4
Discusses the use of technology in
telecommunication services (e.g. cell
phones) and financial transactions (e.g.
ATM, Internet) in improving
administration, communication and
access to information.
8.3.4
Uses keyboard skills and function keys in
developing, storing and retrieving basic
information.
7.3.5
Draws up an elementary statement of net
worth, using personal records.
8.3.5
Explains the concept and analyses a
statement of net worth.
7.3.6 8.3.6
Investigates the various methods of
savings and investments (e.g. savings
accounts, fixed deposits, shares, unit
trusts), and calculates returns on a
variety of investments.
7.3.7
Explains the different processes of
human resource management.
8.3.7
Describes the levels, categories,
remuneration and responsibilities of jobs.
9.3.4
Uses keyboard skills and function keys in
developing, storing, retrieving and editing
business documentation.
9.3.5
Analyses financial statements for
decision-making at a basic level.
9.3.6
Differentiates between the forms of credit
purchases (e.g. open accounts,
instalment sales, credit card), and
explains and assesses:
• the use of different means of
payment in the economy (e.g. cash,
cheques, postal orders, credit cards,
debit cards, smart cards, travelers
cheques);
• the advantages of cash purchases.
9.3.7
Researches the laws affecting basic
conditions of employment and nondiscrimination
in the workplace.
Economic and Management Sciences 18