What are the topics in Grade 7 EMS?

Grade 7: Savings, budgets, income and expenses and accounting concepts are all introduced. Grade 8: Accounting concepts are looked at in more detail. The accounting cycle and source documents are covered.

What is Economic and management science grade 7?

Economic management sciences refers to different types of private, public or collective resources to satisfy people's needs and wants, and effective use of these resources. The subject of EMS, or Economic and Management Sciences, is studied in the Senior Phase through Grades 7-9.

What is EMS subject Grade 7?

This is a compulsory subject for learners in Grades 7 - 9, and covers three main areas of study: The economy; Financial literacy; Entrepreneurship.

What are the four factors of production grade 7 ems?

The four Factors of Production are Land, Labor, Capital, and Entrepreneurship, and these are the things that create all of the goods and services that make up an economy.

What are the topics for EMS grade 8?

The Economic and Management Sciences Grade 8 learners are expected to learn about the government, the national budget, and the standard of living which fall under the topic of the economy.

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Grade 7 EMS Notes - Graduate Institute Of Financial Sciences

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2018ECONOMIC MANAGEMENT SCIENCES FINANCIAL LITERACY TERM 21Contents Contents .

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