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All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |
SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
REGISTERED UNIT STANDARD: |
Demonstrate and apply a knowledge and understanding of the basic economic concepts central to local economic development |
SAQA US ID | UNIT STANDARD TITLE | |||
110475 | Demonstrate and apply a knowledge and understanding of the basic economic concepts central to local economic development | |||
ORIGINATOR | ||||
SGB Economics | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 03 - Business, Commerce and Management Studies | Finance, Economics and Accounting | |||
ABET BAND | UNIT STANDARD TYPE | PRE-2009 NQF LEVEL | NQF LEVEL | CREDITS |
Undefined | Regular | Level 4 | NQF Level 04 | 6 |
REGISTRATION STATUS | REGISTRATION START DATE | REGISTRATION END DATE | SAQA DECISION NUMBER | |
Reregistered | 2018-07-01 | 2023-06-30 | SAQA 06120/18 | |
LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
2024-06-30 | 2027-06-30 |
In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise. |
This unit standard does not replace any other unit standard and is not replaced by any other unit standard. |
PURPOSE OF THE UNIT STANDARD |
This Unit Standard is intended for people who are, or seek to be, active in the area of local economic development. It provides the learner with an understanding of basic economic concepts that inform local economic development activities.
People credited with this Unit Standard are able to: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
It is assumed that the learner is competent in Communication and Mathematical Literacy at NQF Level 3. |
UNIT STANDARD RANGE |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Explain the interaction of supply and demand in the South African political economy. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. The concept of consumer demand is explained with reference to the South African economy and population. |
ASSESSMENT CRITERION 2 |
2. The concept of supply is explained with reference to a range of parties, both government and non-government, in the South African economy. |
ASSESSMENT CRITERION 3 |
3. The concept of a market is explained in terms of the place where supply and demand meet. |
SPECIFIC OUTCOME 2 |
Identify the role of the government in the South African economy. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. The government`s role in raising and spending taxes is explained with reference to the South African economy. |
ASSESSMENT CRITERION 2 |
2. The government`s role in setting fiscal and monetary policy is explained with reference to the South African economy. |
ASSESSMENT CRITERION 3 |
3. The South African situation is contrasted with that of other political economies. |
SPECIFIC OUTCOME 3 |
Identify and explain the nature of development economics with specific reference to South Africa. |
OUTCOME NOTES |
Identify and explain the nature of development economics with specific reference to the South African context. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. Development economics is defined as a separate field within the economics discipline. |
ASSESSMENT CRITERION 2 |
2. Development economics is compared with traditional economics and the political economy. |
ASSESSMENT CRITERION 3 |
3. A range of issues in development economics is discussed with reference to the local economic development environment in South Africa. |
SPECIFIC OUTCOME 4 |
Illustrate key economic concepts central to local economic development in form of a presentation. |
OUTCOME NOTES |
Illustrate the key economic concepts central to local economic development in the form of a presentation with examples fromown work context. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. A range of key economic concepts are identified in the local economic developmentenvironment. |
ASSESSMENT CRITERION 2 |
2. The key components identified are discussed and motivated in own work context. |
ASSESSMENT CRITERION 3 |
3. A presentation of the key components is prepared and delivered in a format that isappropriate to the specified target audience. |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
UNIT STANDARD DEVELOPMENTAL OUTCOME |
N/A |
UNIT STANDARD LINKAGES |
N/A |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO WORKING |
Work effectively with others as a member of a team, group, organization and community by, e.g.
|
UNIT STANDARD CCFO COLLECTING |
Collect, analyse, organize and critically evaluate information by, e.g.
|
UNIT STANDARD CCFO DEMONSTRATING |
Demonstrate an understanding of the world as a set of related systems by recognizing that problem solving contexts do not exist in isolation by e.g.
|
UNIT STANDARD CCFO CONTRIBUTING |
Be culturally and aesthetically sensitive across a range of social contexts by, e.g.
|
UNIT STANDARD ASSESSOR CRITERIA |
N/A |
REREGISTRATION HISTORY |
As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. |
QUALIFICATIONS UTILISING THIS UNIT STANDARD: |
ID | QUALIFICATION TITLE | PRE-2009 NQF LEVEL | NQF LEVEL | STATUS | END DATE | PRIMARY OR DELEGATED QA FUNCTIONARY | |
Core | 36436 | National Certificate: Local Economic Development | Level 4 | Level TBA: Pre-2009 was L4 | Reregistered | 2023-06-30 | LG SETA |
Elective | 67509 | Further Education and Training Certificate: Community Development | Level 4 | NQF Level 04 | Reregistered | 2023-06-30 | As per Learning Programmes recorded against this Qual |
Elective | 23094 | Further Education and Training Certificate: Development Practice | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2009-09-09 | ETDP SETA |
Elective | 65989 | Further Education and Training Certificate: Human Settlements Development | Level 4 | NQF Level 04 | Reregistered | 2023-06-30 | CETA |
Elective | 57428 | Further Education and Training Certificate: Youth Development | Level 4 | NQF Level 04 | Reregistered | 2023-06-30 | ETDP SETA |
Elective | 23095 | Higher Education and Training Certificate: Development Practice | Level 5 | NQF Level 05 | Reregistered | 2023-06-30 | ETDP SETA |
Elective | 65649 | National Certificate: Official Statistics | Level 5 | Level TBA: Pre-2009 was L5 | Reregistered | 2023-06-30 | PSETA |
PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: |
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here. |
1. | AFRIC POLICING INSTITUTE |
2. | Amaqamu Project Management and Consulting |
3. | AVAX SA 481 CC. T/A Mandisa Development Services |
4. | Avenida (Pty) Ltd |
5. | Bavelile Consultants and Training |
6. | Breakeven 59(PTY) Ltd |
7. | Brilliant Affairs |
8. | Bull's Business and Skills Training Institute |
9. | Business Circle Consultation |
10. | Cradle Stars Trading Enterprise |
11. | D M Management and Consulting |
12. | Dabulamanzi & Njabulo Ndaba Consulting cc |
13. | Development Bank of Southern Africa (DBSA) |
14. | Dintshang Trading |
15. | Dru-A Professional Training Consultancy |
16. | Edu-Prof Training Centre |
17. | EDUTEL SKILLS DEVELOPMENT PTY LTD |
18. | Ethembeni Multi Service Enterprise (Pty) Ltd |
19. | Future-Teacher (Pty) Ltd |
20. | Gotsec Skills Training |
21. | Hadima Training Academy |
22. | Heirs Training and Development |
23. | Hlombe and Associates |
24. | IGKM Management Services (Pty) Ltd |
25. | Inafrica General Trading Pty LTD |
26. | INKWENKWEZI PRIVATE COLLEGE - SKILLS DEVELOPMENT cc |
27. | Isamon Vocational College of Excellence Pty Ltd |
28. | Isibani Skills Academy |
29. | Isibani Soluntu Development Trust |
30. | Jabukile Consultancy |
31. | Josmap Training Institute |
32. | Kenako Investments |
33. | Kitso Bokamoso Training Solution |
34. | KITSO TRAINING AND DEVELOPMENT |
35. | Leronsa Trading Enterprise |
36. | LESEDI EDUCARE ASSOCIATION |
37. | LETZAA Group |
38. | Londimvelo Consultants |
39. | Mabuya Amahle Trading |
40. | Magumzane Traiding cc |
41. | Mahayi HRD Services cc |
42. | Makaota Training Consultants |
43. | Mamuhle Academy |
44. | Management College of Southern Africa (MANCOSA) |
45. | Marematlou Training Institute |
46. | Matsila Holdings |
47. | MENTORNET (PTY) LTD |
48. | MML Consulting CC. |
49. | Mortarboard Training Solutions |
50. | MUHANGWENE DEVELOPMENT ENTERPRISE |
51. | Myeza Trading Enterprise |
52. | Ndoma Mathodi Trading Enterprise |
53. | Networx for Career Development |
54. | Nomagwanishe Investments cc |
55. | Ntevho-Ketso Training and Recruitement Consultancy cc |
56. | NTI College |
57. | Ntsangalala Business Enterprise |
58. | Pebetse Training and Consulting |
59. | Pioneer Business Consulting |
60. | PMA Holding (Pty) Ltd |
61. | PMA Holdings (PTY ) LTD. |
62. | Princetop Corporative Training (Pty) Ltd |
63. | Professional Development and Training Institute (Pty) Ltd |
64. | PTDEV (Pty) Ltd |
65. | Pulakgadi Training Consulting CC |
66. | Regent Business School (Pty) Ltd t/a Regent Business School |
67. | Resonance Institue of Learning |
68. | Resonance Institute of Learning |
69. | Retshetse Training Project |
70. | Salt Lake Residence Action Group (SARAG) |
71. | Sebenzisanane Human Capital |
72. | Sigodi Development Services and Associates (SDS) cc |
73. | Silalele Consulting CC. |
74. | SIZA NESU TRAINING AND DEVELOPMENT |
75. | South African ABET Development Agency SAADA |
76. | South African Corporate Training Association |
77. | South African Governance and Business College |
78. | South West Gauteng College - Molapo Campus |
79. | Southern African Youth Movement |
80. | Spotru Training Centre |
81. | SPS Consulting (Pty) Ltd |
82. | T Mabuya & Associates CC |
83. | Tachfin Holdings |
84. | Talent Centre Training |
85. | Talent Emporium Academy (PTY) Ltd |
86. | Tasc Business Consulting and Training |
87. | Tembe Service Providers |
88. | Thabelanang t/a Thabelanang Trading Enterprise |
89. | The Fundamentals Training Centre |
90. | THE GMC GROUP PTY LTD |
91. | Thembekile training consulting |
92. | Thinking Mind Trading |
93. | Thuto Ya Setshaba Training Services (Pty) Ltd |
94. | Thuto-Boswa Education and Training Solution |
95. | Thuto-Botshabelo Training and Projects (Pty) Ltd |
96. | Tloumogale Business Development & Consulting |
97. | TMG Quality Services |
98. | Transafric Consulting Pty Ltd |
99. | Tshwane Training Institute (PTY) LTD. |
100. | Ulwazi Training & Development |
101. | Umfolozi FET College |
102. | UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD |
103. | Vicmat Consultants |
104. | WEINVEST INVESTMENT CC |
105. | Wildfire Development Training Agency |
106. | Zerben Management Solutions |
All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |