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 THAT HAS PASSED THE END DATE: |
Identify, discuss, describe and compare major economic systems, with emphasis on the South African economy |
SAQA US ID | UNIT STANDARD TITLE | |||
13996 | Identify, discuss, describe and compare major economic systems, with emphasis on the South African economy | |||
ORIGINATOR | ||||
Interim SGB for Business, Commerce, Mgmnt Studies | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 03 - Business, Commerce and Management Studies | Generic Management | |||
ABET BAND | UNIT STANDARD TYPE | PRE-2009 NQF LEVEL | NQF LEVEL | CREDITS |
ABET Level 4 | Regular | Level 1 | NQF Level 01 | 2 |
REGISTRATION STATUS | REGISTRATION START DATE | REGISTRATION END DATE | SAQA DECISION NUMBER | |
Passed the End Date - Status was "Reregistered" |
2018-07-01 | 2023-06-30 | SAQA 06120/18 | |
LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
2026-06-30 | 2029-06-30 |
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 |
A candidate credited with this general competence will be able to: identify and discuss major economic systems, with reference to the South African economy and the role of the individual within the economic system. |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
ABET Level 3. |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Identify and discuss major economic systems. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. Different economic systems are identified and explained. |
ASSESSMENT CRITERION RANGE |
Capitalism, Communism, Socialism, Mixed |
ASSESSMENT CRITERION 2 |
2. Characteristics of economic systems are compared. |
ASSESSMENT CRITERION RANGE |
Capitalism, Communism, Socialism, Mixed |
ASSESSMENT CRITERION 3 |
3. Advantages and disadvantages of different economic systems are discussed. |
ASSESSMENT CRITERION 4 |
4. The impact of economic systems on local communities is explained. |
ASSESSMENT CRITERION RANGE |
Employment, choice of products, prices, etc. |
SPECIFIC OUTCOME 2 |
Discuss the role of the individual within the local economic system. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. Individual economic rights within the communities. |
ASSESSMENT CRITERION RANGE |
Consumer rights, trading rights, etc. |
ASSESSMENT CRITERION 2 |
2. Individual responsibilities within the communities are expressed. |
ASSESSMENT CRITERION RANGE |
Environmental issues, payment of rates and levies, etc. |
ASSESSMENT CRITERION 3 |
3. The roles and functions of community leaders are discussed. |
ASSESSMENT CRITERION RANGE |
In churches, in local government, in schools etc.
Lead community, facilitate development in community, etc. |
SPECIFIC OUTCOME 3 |
Discuss economic systems with special reference to the South African Economy. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. The elements of a mixed Economic System are explained. |
ASSESSMENT CRITERION RANGE |
Government interventions, import - export control, labour laws, etc. |
ASSESSMENT CRITERION 2 |
2. The main features of the South African Economic System is discussed. |
ASSESSMENT CRITERION RANGE |
Migrant labour, export orientation, import of finished goodst; Primary industries, etc. |
ASSESSMENT CRITERION 3 |
3. The influence of government on the South African Economy is explored. |
ASSESSMENT CRITERION RANGE |
Diminishing role, welfare services, development and RDP, local government, etc. |
ASSESSMENT CRITERION 4 |
4. The role of the informal sector on the South African Economy is discussed. |
ASSESSMENT CRITERION RANGE |
Job creation, taxes, new enterprises, etc. |
ASSESSMENT CRITERION 5 |
5. The factors impacting on the South African Economy is discussed. |
ASSESSMENT CRITERION RANGE |
Reliance on foreign investment, emerging market, etc. |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
Exchange rates
Constitution and Human rights. |
UNIT STANDARD DEVELOPMENTAL OUTCOME |
1. Reflecting on and exploring a variety of strategies to learn more effectively;
2. Participating as responsible citizens in the life of local, national and global communities; 3. Being culturally and aesthetically sensitive across a range of social contexts; 4. Exploring education and career opportunities; and 5. Developing entrepreneurial opportunities. |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made. |
UNIT STANDARD CCFO WORKING |
Work effectively with others as a member of a team, group, organisation and community. |
UNIT STANDARD CCFO ORGANISING |
Organise and manage oneself and one`s activities responsibly and effectively. |
UNIT STANDARD CCFO COLLECTING |
Collect, analyse, organise and critically evaluate information. |
UNIT STANDARD CCFO COMMUNICATING |
Communicate effectively using visual, mathematical and/or language skills in the modes of oral and/or written presentation. |
UNIT STANDARD CCFO SCIENCE |
Use science and technology effectively and critically, showing responsibility towards the environments and health of others. |
UNIT STANDARD CCFO DEMONSTRATING |
Demonstrate an understanding of the world as a set of related systems by recognising that problem-solving contexts do not exist in isolation. |
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 | 24153 | General Education and Training Certificate: Adult Basic Education and Training | Level 1 | NQF Level 01 | Passed the End Date - Status was "Reregistered" |
2008-09-13 | Was ETDP SETA until Last Date for Achievement |
Core | 23253 | National Certificate (GETC): Manufacturing, Engineering and Related Activities | Level 1 | NQF Level 01 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | MERSETA |
Elective | 71751 | General Education and Training Certificate: Adult Basic Education and Training | Level 1 | NQF Level 01 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | As per Learning Programmes recorded against this Qual |
Elective | 73249 | General Education and Training Certificate: Adult Basic Education and Training: Academic Curriculum | Level 1 | NQF Level 01 | Reregistered | 2028-06-30 | UMALUSI |
Elective | 20183 | National Certificate: Banking | Level 2 | NQF Level 02 | Passed the End Date - Status was "Reregistered" |
2015-06-30 | BANKSETA |
Elective | 20288 | National Certificate: Farming | Level 2 | NQF Level 02 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | AgriSETA |
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. | College of Cape Town - Athlone Campus |
2. | FALSE BAY TECHNICAL VOCATIONAL EDUCATION & TRAINING COLLEGE |
3. | Hot To Go Training College and Services |
4. | In House Media Instruction |
5. | Leronsa Trading Enterprise |
6. | Mananthatshema Skills Dev. Centre |
7. | Mbimbini Training and Community Development |
8. | Mposa Institute For Dairy Technology |
9. | Nedbank Ltd |
10. | Northlink College |
11. | Professional Development and Training Institute (Pty) Ltd |
12. | SEOPOSENGOE TRAINING CONSULTANCY CC |
13. | Setlakala Business Development |
14. | Siyasanga Training Centre |
15. | South Cape Public FET College - George Campus |
16. | South West Gauteng Tvet College |
17. | Tembe Service Providers |
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. |