economics grade 12 case study 2021 memorandum pdf

Economics Grade 12 Past Exam Papers and Memo (Memorandums) Pdf

Download the latest Economics Grade 12 Paper 1 and Paper 2 Past Exam Papers and Memo (Memorandums) Pdf for 2020, 2019, 2018 and beyond.

Table of Contents

Economics Grade 12 exam Guidelines

The Economics exam consists of TWO × 1½ hour papers of 150 marks each. The paper consists of SIX questions divided into three sections. Question ONE is COMPULSORY. There are FIVE other questions from which THREE must be answered. The detailed requirements for each section are shown below:

Paper 1 Exam Topics

MACROECONOMICS

• Circular flow • Business cycles • Public sector • Foreign exchange markets • Protectionism and Free Trade

ECONOMIC PURSUITS

• Growth and Development • Industrial development policies • Economic and social performance indicators

Paper 2 Exam Topics

MICROECONOMICS

• Perfect markets • Imperfect markets • Market failures

ECONOMIC ISSUES

• Inflation • Tourism • Environmental sustainability

List of Economics Grade 12 Past Exam Papers and Memo pdf for download

Other Previous Papers

2023 Economics Grade 12 Exam Papers and Memos

Below are the 2023 Economics Grade 12 Exam Papers and Memos in pdf format:

Term 1: Feb/March:

Term 2: May/June:

Economics Grade 12 2023 May/June Past Papers and Memos PDF Download

Term 3: August/ September:

Term 4: November:

2022 Economics Grade 12 Exam Papers and Memos

Below are the 2022 Economics Grade 12 Exam Papers and Memos in pdf format:

• Economics Grade 12 May – June 2022 common exam question papers with the memorandums
• Economics Grade 12 2022 September Term 3 Controlled Test Question Papers and Memos Paper 1 and Paper 2
• Economics Grade 11 November 2022 Exam Question Papers and Memos

2021 Economics Grade 12 Exam Papers and Memos

Below are the 2021 Economics Grade 12 Exam Papers and Memos in pdf format:

• Economics Grade 12 May -June 2021 NSC DBE Exam papers and Memos
• Economics Grade 12 June 2021 Previous Papers and Memos
• Economics Grade 12 Trials Exams: September 2021 Past Papers and Memos

Term 4: November

• Economics Grade 12 2021 November Exam Question Papers and Memorandum for downloads in PDF format

2020 Economics Grade 12 Exam Papers and Memos

Below are the 2020 Economics Grade 12 Exam Papers and Memos in pdf format:

• Economics Grade 12 September 2020 Past Papers and Memos
• Economics Grade 12 2020 Past Exam Papers and Memos September
• Economics Grade 12 November 2020 Question Papers and Memos
• Economics Grade 12 2020 Past Exam Papers and Memos November

2019 Economics Grade 12 Exam Papers and Memos

Below are the 2019 Economics Grade 12 Exam Papers and Memos in pdf format:

• Economics Grade 12 May – June Mid Year Exam Question Papers for 2019 with Memorandum

Term 3: August/ September

• Economics Grade 12 2019 Past Exam Papers and Memos

2018 Economics Grade 12 Exam Papers and Memos

Below are the 2018 Economics Grade 12 Exam Papers and Memos in pdf format:

Term 1: Feb/March Paper 1 and Paper 2:

• Economics Grade 12 May – June Mid Year Exam Question Papers for 2018 with Memorandum

2017 Economics Grade 12 Exam Papers and Memos

Below are the 2017 Economics Grade 12 Exam Papers and Memos in pdf format:

• 2018 Economics Grade 12 November question papers and memos download

2016 Economics Grade 12 Exam Papers and Memos

Below are the 2016 Economics Grade 12 Exam Papers and Memos in pdf format:

2015 Economics Grade 12 Exam Papers and Memos

Below are the 2015 Economics Grade 12 Exam Papers and Memos in pdf format:

View all # EconomicsGrade 12 Study Resources

We have compiled great resources for Economics Grade 12 students in one place. Find all Question Papers, Notes, Previous Tests, Annual Teaching Plans, and CAPS Documents.

Hey, Grade 12 Learners. My Courses portal has everything you needed to ace your matric exams, tests, assessments, research tasks, and assignments. Feel free to explore all resources for grade 12 learners, such as Study Guides, Department of Basic Education Past Exam Papers with Memos , and Speech Topics.

More Questions and Answers from Previous Question Papers

What is more useful for a grade 12 learner than actual exam questions and answers from previous question papers? We have collected 100s of grade 12 questions and answers for Grade 12 subjects from all South African Provinces: Limpopo, Gauteng, Free State, North West, Eastern Cape, Northern Cape, KZN, Western Cape, and Mpumalanga. The questions and answers are for Term 1, Term 2, Term 3, and Term 4, for the following years: 2023, 2022, 2021, 2020, 2019, and 2018. Take a look at the links below , or search for more.

Economics Grade 12 for 2022, 2021, 2020 Exemplars, Past Exam Papers and Study Guides

[vc_row][vc_column][vc_column_text]Economics Grade 12 Subject Exemplars, Past Exam Papers and Study Guides 2022, 2021, 2020: Learning Resources, Revision Notes, Revision Videos, Past Papers and Memos Pdf for download, Free Study Guides, and Textbooks.

Past Exam Papers for Economics   Grade 12   include February/March, June, September, and November the following years: 2022, 2021, 2020, 2019, 2018, 2017, and 2016. Papers in English and Afrikaans languages for Paper 1, and Paper 2.

How Past Exam Papers Can help you pass Grade 12 in 2022?

Passing Matric with great marks requires an incredible great effort combined with different strategies available for learners today. One of the best strategies is to use past exam paper exemplars which are available on Modern Classroom website.  Previous exam papers for grade 12 assist you to:

• Get used to the way exam papers are structured, as well as the language used to assess learners .
• Learn how to manage your time in the exam room.
• Helps identify key subject areas to focus on in revision.
• Understand the way in which marks are allocated for different types of questions and section from the provided syllabus
• Practice writing skills

On this page, you will find previous exemplars preparatory exam papers for: Gauteng, Limpopo , Western Cape , Eastern Cape , Northern Cape , Kwazulu Natal , Mpumalanga , Free State , and North West Province for CAPS curriculum.

Some of the useful resources on this page include: Exercises, Class Assessments Plans, Assignments and Answers, Research Tasks, Essays Topics and more. Resources are for all terms: Term 1, Term 2, Term 3, and Term 4.

Modern Classroom is here for you Modern Classroom has plenty of examination preparation free resources for   Grade 12   Learners, as well as info about primary and secondary schools available in South Africa.

Have you explored what Modern Classroom can offer you?

Hello Learners? Don’t leave your studies until the last minute. While some students do seem to thrive on last-minute cramming, it’s generally accepted that this is not the best way to approach your exams and tests. To help sort out your study time management, set up a proper timetable for your study. Write down how many tests, assignments, and exams you have and the days on which you have to sit them. Then organise your studies accordingly. You may want to give some exams more study time than others, so find a balance that you feel comfortable with.

Modern Classroom has plenty of free exam preparation resources for all   Grade 12 subjects. We also have other free resources for learners in other grades as well, including Grade 11 , Grade 10 , and other grades.

List of Economics Grade 12 Subject Exemplars, Past Exam Papers, and Study Guides 2022, 2021, 2020

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Latest Economics Grade 12 Past Papers, Memos, and Study Guides for 2021, 2020, 2019 and more

[vc_row][vc_column][vc_column_text]Latest Economics Grade 12 Past Papers , Memos, and Study Guides for 2021, 2020, 2019 and more: On this page, you will find learning materials ( Previous Papers, Notes, Lessons Practicals, Assessments – SBA,  Assignment questions and answer memos , Tests and Research Task s)  for CAPS and  IEB ( The Independent Examinations Board, or IEB, is a South African independent assessment agency which offers examinations for various client schools , mostly private schools. It is most prominent in setting examinations for the school-leaving National Senior Certificate, or NSC for its client schools ). The IEB offers support in terms of the CAPS curriculum examinations and sets tests and exams according to the CAPS guidelines, as well as memorandums and assessments, moderations and marking groups. It is therefore, a private examination setting and support agency.

On this page, you will also find exemplars preparatory previous exam papers and memos for: Gauteng , Limpopo , Western Cape , Eastern Cape , Northern Cape , Kwazulu Natal , Mpumalanga , Free State , and North West Province. Learning material are in Both English and Afrikans where possible (Term 1, Term 2, Term 3, and Term 4).

Requirements to pass Grade 12 | Matric in 2021

Hey, Grade 12 Learner! Do you know what it takes to obtain your Grade 12 Certificate?  All matric students in South Africa are required to register to write at least 7 subjects and they may not fail more than one subject. Failing more than one subject means you have failed matric. Thus, in order to pass you need to meet the following requirements:

• Obtain at least 40% for your Home Language
• Pass two other subjects with 40%, an
• Get 30% for three other subjects

Useful Tip: Manage your time properly. Don’t waste time on questions you are unsure of. Move on and come back if time allows.

Hey,  Grade 12  Learner! Do you know what it takes to obtain your Grade 12 Certificate?  All matric students in South Africa are required to register to write at least 7 subjects and they may not fail more than one subject. Failing more than one subject means you have failed matric. Thus, in order to pass you need to meet the following requirements:

Useful Tip:  Manage your time properly. Don’t waste time on questions you are unsure of. Move on and come back if time allows List of  Economics Grade 12 Past Papers, Memos, and Study Guides for 2021, 2020, 2019 and more

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Browse other Grade 12 Past Exam Papers and Memos per subjects

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Mind the GAP Study Guide: Economics

The Department of Basic Education has pleasure in releasing the second edition of Mind the Gap study guides for Grade 12 learners. These study guides continue the innovative and committed attempt by the Department of Basic Education to improve the academic performance of Grade 12 candidates in the National Senior Certificate (NSC) examination. The second edition of Mind the Gap is aligned to the Curriculum and Assessment Policy Statement (CAPS).

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Exam Papers and Study Notes for grade 10 ,11 and 12

ECONOMICS 12

Study notes.

Past Year Exam Papers

(Updated 2024/04/01) 

KZN  March QP and Memo

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KZN   March  QP and Memo

NSC  May/June  P1 and Memo

NSC May/June  P2 and Memo

GP  Pre Trial  QP and Memo

NW   Pre-Trial  P2 and Memo

EC SEPT P1 and Memo

EC SEPT P2 and Memo

FS SEPT P1 and Memo

FS SEPT P2 and Memo

GP SEPT P1 and Memo

GP SEPT  P2 and Memo

KZN SEPT P1 and Memo

KZN SEPT  P2 and Memo

LP  SEPT P1 and Memo

LP SEPT P2 and Memo

MP  SEPT  P1 and Memo

MP SEPT  P2 and Memo

NW SEPT  P1 and Memo

NW SEPT  P2 and Memo

KZN March  QP and Memo

KZN June P1 and Memo

KZN June  P2 and Memo

NSC May/June P1 and Memo

NSC May/June P2 and Memo

KZN SEPT  P1 and Memo

EC  SEPT  P1 and Memo

EC SEPT  P2 and Memo

FS   SEPT  P1 and Memo

FS  SEPT  P2 and Memo

GP SEPT   P1 and Memo

GP SEPT P2 and Memo

MP  SEPT P1 and Memo

MP  SEPT P2 and Memo

NW  SEPT P1 and Memo

NSC NOV P1 and Memo

NSC NOV P2 and Memo

KZN June  QP and Memo

Trial  P1 and Memo

KZN  June  P2 and Memo

SEPT P1 only

 SEPT  P2 and Memo

Nov  P1 and Memo

 Nov  P2 and Memo

NSC May/JuneP1 and Memo

ECONOMICS GRADE 12 - EXAMINATION GUIDELINES 2021

ECONOMICS EXAMINATION GUIDELINES GRADE 12 2021

1. INTRODUCTION The Curriculum and Assessment Policy Statement (CAPS) for Economics outlines the nature and purpose of the subject Economics. This guides the philosophy underlying the teaching and assessment of the subject in Grade 12. The purpose of these Examination Guidelines is to:

• Provide clarity on the depth and scope of the content to be taught and assessed in the Grade 12 National Senior Certificate (NSC) Examination in Economics.
• Assist teachers to adequately prepare learners for the examinations.

This document deals with the final Grade 12 external examinations. It does not deal in any depth with the School-Based Assessment (SBA). These Examination Guidelines should be read in conjunction with:

• The National Curriculum Statement (NCS) Curriculum and Assessment Policy Statement (CAPS): Economics
• The National Protocol of Assessment: An addendum to the policy document, the National Senior Certificate: A qualification at Level 4 on the National Qualifications Framework (NQF), regarding the National Protocol for Assessment (Grades R–12)
• The national policy pertaining to the programme and promotion requirements of the National Curriculum Statement, Grades R–12

NOTE: All topics where 'discuss in detail/examine in detail/compare and contrast in detail' appear, should be regarded as essay topics for the next three-year cycle.

2. ASSESSMENT IN GRADE 12 2.1 Format of the question papers CLASSIFICATION OF TOPICS FOR THE GRADE 12 ECONOMICS QUESTION PAPERS

          2.2 Details of question papers

• Each paper carries 150 MARKS.
• The duration of each paper is 2 HOURS.
• SECTION A: QUESTION 1 is COMPULSORY.
• SECTION B: Consists of THREE questions: QUESTIONS 2–4 of which the candidate must choose only TWO
• SECTION C: Consists of TWO questions: QUESTIONS 5–6 of which the candidate must choose only ONE
• The above papers must NOT be written on the same day.
• The detailed requirements of each section (per question paper) are indicated on the next page.

SECTION A (COMPULSORY) TOTAL: 30 QUESTION 1 1.1 MULTIPLE-CHOICE ITEMS (lower order) WITH 4 POSSIBLE options per main topic = 8 items (2 marks per item) (8 x 2)(16) 1.2 MATCHING ITEMS (COLUMN A AND B) (lower order) FOUR items per main topic = 8 items (1 mark per item) (8 x 1)(8) 1.3 GIVE THE TERM (lower order) THREE items per main topic = 6 items (1 mark per item) (6 x 1)(6) Abbreviations, acronyms and examples are not acceptable. Although the questions are regarded as lower order, they may be classified as EASY (e.g. open economy), MODERATE (e.g. real flow) or DIFFICULT (e.g. autonomous consumption).

SECTION B (ANSWER TWO QUESTIONS IN THIS SECTION) TOTAL: 80 QUESTIONS 2–4 (THREE QUESTIONS) ONE question per MAIN TOPIC and ONE combination question between the 2 MAIN TOPICS. (50%/50%)) 2.1 Short items 2.1.1 Lower order (2 ITEMS) Name TWO. (2 x 1) (2) 2.1.2 Middle order (1 ITEM), e.g. How, why and what (an application type of question). (1 x 2) (2) 2.2–2.3 TWO data response questions (middle order), e.g. Study the following graph/cartoon/ table/extract/real data and answer the questions that follow. (10 x 2)(20)

• Items in the data response questions must be 'scaffolded' from easy to difficult: 2 marks easy, 4 marks moderate and 4 marks difficult
• The answers to the first 2 questions (1 mark each) may appear in the data, but will be one of application
• Data response questions give a context on what aspects to be assessed, and answers would not necessary appear in the data

2.4 ONE single question (middle order), e.g. explain, discuss, distinguish or differentiate between, draw a correctly labelled graph/draw a correctly labelled graph and explain//use the given graph and explain.(8) 2.5 ONE single question (higher order), e.g. how, why or evaluate.(8) Higher order questions are grounded in the content. These types of questions test critical thinking, where candidates should be able to apply their knowledge, through logical reasoning and also have an awareness of their current economic climate. Content (covered by discuss/examine/describe/ analyse/explain/evaluate/compare/assess/justify/construct/calculate) can be assessed as higher-order questions. Answers will not necessarily be found in textbooks.

[40] SECTION C (ANSWER ONE QUESTION IN THIS SECTION TOTAL: 40 QUESTIONS 5–6 (TWO ESSAY QUESTIONS) ONE question per MAIN TOPIC

2.3  Cognitive-level grid

NOTE : Cognitive-level deviations not to exceed 2,67%. 2.4 A guideline to marking Mark allocation depends on the cognitive level of the question, as follows:

2.5 Command verb detail The following list of command verbs, among others, gives an indication of the scope and depth of examinable content:

THE FOLLOWING ILUSTRATES THE TYPES OF LEARNER RESPONSES IN THE DIFFERENT COGNITIVE LEVELS

NOTE: Take cognisance of the following:

• 'Research the world over tells us: that in many instances the only reason why learners can perform with a degree of competency on their final exams, is that the questions on the exams are nearly carbon copies of questions they have seen before; the learners are not being asked to think'.

2.6 Higher-order questions Higher-order questions place advanced cognitive demand on learners. It encourages learners to think beyond literal questions. Higher-order questions promote critical thinking skills because these types of questions expect learners to apply, analyse, synthesize, and evaluate information instead of simply recalling facts. Issues from the real world can be used to either support or refute a point of view. Higher-order questions require one to make inferences, draw relevant and insightful conclusions and use their knowledge in new situations. It also requires one to relate their thinking to other situations and to their own background knowledge. Teachers need to realise that there are many more ways to teach than by rote learning. There is teaching for understanding, decision making, problem solving, and connecting a part to a whole, detail to concept, and concept to concept. There also is inference, prediction, analysis for bias, and learning for transfer. Each of these processes requires some form of critical thinking. Opportunities for learners to develop critical thinking processes are not found in classrooms dominated by the regurgitation of factual content. They are found in classrooms where active learning is an essential component.

Features of higher-order questions:

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• Require learners to engage with unrehearsed or unfamiliar contexts.
• Ask for deep thinking.
• Grounded in CAPS curriculum content.

Types of higher-order-thinking questions: (What? How? Why?) Analysis: These questions ask learners to dissect key information and analyse essential concepts, themes and processes. For example:

• How is x related to y?
• What are the major reasons for?
• What is the impact of b on c?
• What is the problem faced by …?
• What is the main idea? Theme?
• What are some of the problems of …?
• How is … similar to/different from …?
• Why did … changes occur?

Evaluation: These questions require learners to formulate and justify judgements and criticisms based upon clearly-articulated evaluative criteria. For example:

• Provide a better solution for …?
• What are the consequences of …?
• What are the pros and cons of …?
• What are the alternatives for …?
• How effective are…?

Creativity/Synthesis : These questions require learners to formulate a holistic summary of key ideas; provide an integrated, cohesive, sustained response, make inferences; reformulate, reconstruct or create scenarios. Own voice is critical. For example:

• Based on these facts, what predictions would you make?
• Propose a solution to this problem.
• How can the errors be fixed?
• What alternative will you suggest …?

*POINTS TO CONSIDER WHEN MARKING HIGHER COGNITIVE QUESTIONS USING A MARKING GUIDELINE

• It is important to note that a marking guideline essentially gives the marker direction about what answers are acceptable. The learner does NOT have to present answers exactly as in the marking guideline (except objective-type questions). In terms of other questions (SECTION A, SECTION B, list, define, etc.) the essence of what the learners say must be covered by the marking guideline.
• When marking a particular question, e.g. 8 marks, it is important that the learner presents his/her answer in such a way that it answers the question.
• If a learner gives an example only, then 1 mark may be awarded. An explanation of the example can earn further marks.
• In an 8-mark question the maximum marks a learner can earn for examples and explanations should be 4 marks. The marker must check at all times whether the explanation given, answers the question. In higher-order short questions, a maximum of 2 marks (25%) will be allocated for merely listing of facts and examples.
• We need to guard against accepting information under a particular heading because it appears in the text. Sometimes the information does not relate to the question asked.
• It must be remembered that textbooks give more/less information about a topic than is required by the examination guidelines. In terms of the examination guidelines more than one question can be asked on a particular topic. The learner must be able to select/extract the relevant information and relate to it in the question.
• Sometimes textbooks have information under a heading that seems abstract when compared to the exam requirement. The important aspect to bear in mind is that not all information in the text may be relevant to the question.

4. CONCLUSION This Examination Guidelines document is meant to articulate the assessment aspirations espoused in the CAPS document. It is therefore not a substitute for the CAPS document which educators should teach to. Qualitative curriculum coverage as enunciated in the CAPS cannot be over-emphasised. NOTE: The structure of the NSC Economics question papers (pp. 4–7) replaces the ANNEXURE included in the CAPS (pp. 45–46).

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