Chapter 11: South African Economic and Social Indicators Grade 12 Economics Lesson Lesson Objectives • Understand the role and types of economic and social indicators. • Analyze South Africa’s performance using these indicators. • Explain the importance of international comparisons. Economic Indicators • Inflation Rate: CPI and PPI • Foreign Trade: Terms of trade, exchange rate • Employment: EAP, employment rate, unemployment rate • Productivity: Labour productivity, remuneration per worker • Interest Rates: Repo rate • Money Supply: M1, M2, M3 Social Indicators • Demographics: Population growth, life expectancy • Health & Nutrition: Malnutrition, obesity, infant mortality, clean water access • Education: Literacy rate, school enrolment, public spending • Services: Electricity, sanitation, refuse removal • Housing & Urbanisation International Comparisons • Globalisation • International Standardisation • Aid & Support Activities • Starter Activity: Discuss signs of a healthy economy and social factors. • Group Work: Analyze indicators and present findings. • Case Study: Use real data to discuss trends. • Quiz: Define CPI, list social indicators, explain international comparisons. Assessment & Homework • Assessment: Participation, presentations, quiz results. • Homework: Write a paragraph on how indicators help government decisions.