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Economics tutoring
Online Economics tutoring with every topic taught step by step by GradesPal tutors. Every Grade 12 Economics topic, taught step by step: the circular flow, business cycles, the public sector, international trade, perfect and imperfect markets, market failure, growth and development, inflation, tourism and the environment, with worked examples, quizzes, real past-paper questions with memos and an exam
What this subject covers
The GradesPal Grade 12 Economics subject follows the CAPS annual teaching plan across the four examination themes: Macroeconomics, Microeconomics, Economic Pursuits and Contemporary Economic Issues. Each module explains the topic from first principles with labelled graphs, shows how the examiners word their questions, and gives you worked examples, a quiz and real questions from the National Senior Certificate papers on GradesPal with the official memos. The last module teaches you how to write the data-response answers, discussions and essays that earn full marks.
- Modules
- 14
- Lessons
- 110
- Study time
- 86h 30m
- Learners
- 0
- Explain the circular flow, business cycles, the public sector and international trade with confidence
- Draw and label the graphs the examiners ask for, from perfect competition to market failure
- Write discussions and essays that follow the memo structure and earn the marks
- Practise on real past-paper questions and mark yourself against the official memos
Subject content
01Module 1 · Circular Flow and the National Accounts
Macroeconomics40 min · Free preview The markets in the circular flowMacroeconomics35 min National accounts aggregates and conversionsMacroeconomics50 min The multiplierMacroeconomics45 min Quiz: Circular flow and national accountsMacroeconomics20 min Past-paper questions: circular flow and national accounts (set 1 of 3)Macroeconomics60 min Past-paper questions: circular flow and national accounts (set 2 of 3)Macroeconomics60 min Past-paper questions: circular flow and national accounts (set 3 of 3)Macroeconomics60 min
02Module 2 · Business Cycles
Macroeconomics40 min · Free preview Causes and types of business cyclesMacroeconomics40 min Business cycle indicators and forecastingMacroeconomics35 min Policy responses and the new economic paradigmMacroeconomics45 min Quiz: Business cyclesMacroeconomics20 min Past-paper questions: business cycles (set 1 of 3)Macroeconomics60 min Past-paper questions: business cycles (set 2 of 3)Macroeconomics60 min Past-paper questions: business cycles (set 3 of 3)Macroeconomics60 min
03Module 3 · The Public Sector
Macroeconomics35 min · Free preview Problems of public sector provisioningMacroeconomics35 min Objectives of the public sectorMacroeconomics40 min Budgets, taxes and fiscal policyMacroeconomics50 min Monetary policy and the Reserve BankMacroeconomics45 min State-owned enterprises, privatisation and PPPsMacroeconomics35 min Quiz: The public sectorMacroeconomics20 min Past-paper questions: the public sector (set 1 of 3)Macroeconomics60 min Past-paper questions: the public sector (set 2 of 3)Macroeconomics60 min Past-paper questions: the public sector (set 3 of 3)Macroeconomics60 min
04Module 4 · International Trade and Foreign Exchange
Economic Pursuits45 min · Free preview Trade policy: protection and free tradeEconomic Pursuits50 min The balance of paymentsMacroeconomics45 min The foreign exchange market and exchange ratesMacroeconomics50 min Terms of tradeMacroeconomics30 min Quiz: International trade and foreign exchangeMacroeconomics20 min Past-paper questions: trade and foreign exchange (set 1 of 3)Macroeconomics60 min Past-paper questions: trade and foreign exchange (set 2 of 3)Macroeconomics60 min Past-paper questions: trade and foreign exchange (set 3 of 3)Macroeconomics60 min
05Module 5 · Perfect Markets
Microeconomics40 min · Free preview Costs, revenue and profitMicroeconomics50 min Features of a perfect marketMicroeconomics35 min The firm in the short run: profit, loss and shut-downMicroeconomics55 min The long run, entry and exit, and efficiencyMicroeconomics45 min Quiz: Perfect marketsMicroeconomics20 min Past-paper questions: perfect markets (set 1 of 3)Microeconomics60 min Past-paper questions: perfect markets (set 2 of 3)Microeconomics60 min Past-paper questions: perfect markets (set 3 of 3)Microeconomics60 min
06Module 6 · Imperfect Markets
Microeconomics55 min · Free preview Monopolistic competitionMicroeconomics40 min OligopolyMicroeconomics45 min Competition policy and the Competition CommissionMicroeconomics35 min Comparing the market structuresMicroeconomics30 min Quiz: Imperfect marketsMicroeconomics20 min Past-paper questions: imperfect markets (set 1 of 3)Microeconomics60 min Past-paper questions: imperfect markets (set 2 of 3)Microeconomics60 min Past-paper questions: imperfect markets (set 3 of 3)Microeconomics60 min
07Module 7 · Market Failures
Microeconomics40 min · Free preview Externalities: private and social costs and benefitsMicroeconomics50 min Government intervention: prices, subsidies and taxesMicroeconomics55 min Cost-benefit analysisMicroeconomics35 min Quiz: Market failuresMicroeconomics20 min Past-paper questions: market failures (set 1 of 3)Microeconomics60 min Past-paper questions: market failures (set 2 of 3)Microeconomics60 min Past-paper questions: market failures (set 3 of 3)Microeconomics60 min
08Module 8 · Economic Growth and Development
Economic Pursuits40 min · Free preview South African growth and development policies since 1994Economic Pursuits55 min Redress: BBBEE, employment equity and land reformEconomic Pursuits40 min Quiz: Economic growth and developmentEconomic Pursuits20 min Past-paper questions: growth and development (set 1 of 3)Economic Pursuits60 min Past-paper questions: growth and development (set 2 of 3)Economic Pursuits60 min Past-paper questions: growth and development (set 3 of 3)Economic Pursuits60 min
09Module 9 · Industrial Development
Economic Pursuits45 min · Free preview IDZs, SEZs and spatial development initiativesEconomic Pursuits45 min Foreign direct investment and regional developmentEconomic Pursuits40 min Quiz: Industrial developmentEconomic Pursuits20 min Past-paper questions: industrial development (set 1 of 3)Economic Pursuits60 min Past-paper questions: industrial development (set 2 of 3)Economic Pursuits60 min Past-paper questions: industrial development (set 3 of 3)Economic Pursuits60 min
10Module 10 · Economic and Social Indicators
Economic Pursuits45 min · Free preview Human development and social indicatorsEconomic Pursuits50 min Quiz: Economic and social indicatorsEconomic Pursuits20 min Past-paper questions: economic and social indicators (set 1 of 3)Economic Pursuits60 min Past-paper questions: economic and social indicators (set 2 of 3)Economic Pursuits60 min Past-paper questions: economic and social indicators (set 3 of 3)Economic Pursuits60 min
11Module 11 · Inflation
Contemporary Economic Issues45 min · Free preview Causes and types of inflationContemporary Economic Issues45 min Effects of inflation and the Phillips curveContemporary Economic Issues50 min Combating inflation: policy responsesContemporary Economic Issues40 min Quiz: InflationContemporary Economic Issues20 min Past-paper questions: inflation (set 1 of 3)Contemporary Economic Issues60 min Past-paper questions: inflation (set 2 of 3)Contemporary Economic Issues60 min Past-paper questions: inflation (set 3 of 3)Contemporary Economic Issues60 min
12Module 12 · Tourism
Contemporary Economic Issues40 min · Free preview Tourism impacts, responsible tourism and policyContemporary Economic Issues45 min Quiz: TourismContemporary Economic Issues20 min Past-paper questions: tourism (set 1 of 3)Contemporary Economic Issues60 min Past-paper questions: tourism (set 2 of 3)Contemporary Economic Issues60 min Past-paper questions: tourism (set 3 of 3)Contemporary Economic Issues60 min
13Module 13 · Environmental Sustainability
Contemporary Economic Issues45 min · Free preview International agreements and measuresContemporary Economic Issues45 min Policy tools, conservation and preservationContemporary Economic Issues45 min Quiz: Environmental sustainabilityContemporary Economic Issues20 min Past-paper questions: environmental sustainability (set 1 of 3)Contemporary Economic Issues60 min Past-paper questions: environmental sustainability (set 2 of 3)Contemporary Economic Issues60 min Past-paper questions: environmental sustainability (set 3 of 3)Contemporary Economic Issues60 min
14Module 14 · Exam Preparation
Macroeconomics30 min · Free preview Command words and data-response techniqueMacroeconomics40 min Writing the 40-mark essayMacroeconomics45 min Master formula and graph sheetMacroeconomics30 min A six-week revision plannerMacroeconomics25 min Mock paper 1 (Macroeconomics and Economic Pursuits)Macroeconomics120 min Mock paper 2 (Microeconomics and Contemporary Economic Issues)Macroeconomics120 min Mixed quiz across all modulesMacroeconomics20 min
Frequently asked questions
Who is my tutor?
When you join you are matched with one of the subject's GradesPal tutors, who guides you through the modules and marks your work.
Are the past-paper questions real?
Yes. The practice sets use actual questions from the National Senior Certificate Economics papers on GradesPal, each with the official memorandum. Worked examples and quiz questions are written by GradesPal.
Do I need the textbook as well?
No. Each module is complete on its own, but extra practice from your textbook is always useful.