Grade 7 Economic and Management Science Term 2 Study Pack (CAPS Aligned)

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Master the world of finance and accounting with this all-in-one Grade 7 EMS Term 2 Digital Summary. Designed specifically to align with the South African CAPS curriculum, this resource simplifies complex economic concepts into easy-to-understand visuals and bite-sized notes.

Whether you are preparing for a June exam or a class test, this summary provides everything a student needs to excel in Economic and Management Sciences.

What’s Inside This Summary?

This 13-page guide covers all the core pillars of the Term 2 syllabus:

  • Section 1: The Language of Accounting – Master basic concepts like Capital, Assets (Current vs. Non-current), Liabilities, Transactions, and the role of Banking.

  • Section 2: Personal Income & Expenses – Learn how to track Profit vs. Loss and understand various income types like Salaries, Wages, and Government Grants.

  • Section 3: Business Income & Investments – A deep dive into how businesses make money, operating expenses, and smart investment choices (Fixed Deposits, Money Markets, and Property).

  • Section 4: The Art of Budgeting – Step-by-step guides on how to draw up both Personal and Business budgets to ensure financial success.

Bonus: Practice Exam & Memo Included!

To ensure the learner is fully prepared, we have included a 70-mark Practice Test (60 minutes) covering:

  • Multiple Choice & Fill in the Blanks.

  • Short Explanations.

  • Application & Analysis (Profit/Loss and Net Worth calculations).

  • Budgeting Challenges.

  • Complete Memorandum: A full marking guideline is provided at the end for self-assessment or easy grading by parents/teachers.

Why Choose Our Summary?

  • Visual Learning: Features colorful mind maps, tables, and the "Personal Finance Funnel" to help students remember information faster.

  • Exam-Ready: Focuses on "Level 1 to 5" questions to build critical thinking and calculation skills.

  • CAPS Aligned: 100% compliant with the South African Grade 7 EMS curriculum.

Product Specifications:

  • Format: High-quality PDF document.

  • Delivery: Instant Digital Download (Start studying immediately!).

  • Length: 13 Pages (Including the summary, practice test, and memorandum).

  • Language: English.

  • Compatibility: Viewable on any device (Tablet, Laptop, or Smartphone) and print-ready.

Help your child build a strong financial foundation today! Click "Add to Cart" for instant access to the ultimate Grade 7 EMS study companion.

$2.96