In this course, we will be covering Microeconomics. These videos have been created as a companion to assist and complement our Gr 12 Economics 3 in 1 study guide.

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Gr 12 Economics 3in1 CAPS

Gr 12 Economics 3in1 CAPS

Grade 12 | Economics

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Course Instructor

Nazlie Mohamed Nazlie Mohamed Instructor

Nazlie Mohamed is a passionate Economics educator who has many years of teaching experience. Her favourite space is supplying information demanded by learners thereby creating market equilibrium!

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COVID-19 Free Content

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access until December 31, 2020 12:00 am

For the rest of 2020 we have made this content free to help you #owntomorrow!

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Course Topics

Microeconomics: Perfect Markets

Characteristics of Perfect Markets
Industry and Individual Producer
Profit Maximisation (Part 1)
Profit Maximisation (Part 2)
Short Run Equilibrium Position I
Short Run Equilibrium Position II
Short Run Equilibrium Position III
Long Run Equilibrium Position
Shut Down Point
Competition Policies
Test Yourself (Part 1)
Test Yourself (Part 2)

Microeconomics: Imperfect Markets

Overview of Imperfect Markets
Introduction to Monopolies
Demand & Marginal Revenue Curve of the Monopoly
Profit Positions of the Monopoly
Comparison of the Monopoly to the Perfect Market
Introduction to Oligopolies
Kinked Demand Curve of the Oligopoly
Non-price Competition & Collusion in Oligopolies
Comparison of the Oligopoly to the Perfect Market
Introduction to Monopolistic Competition
Profit Positions of the Monopolistic Competition
Comparison of Monopolistic Competition to the Perfect Market
Comparison of all Four Market Structures
Test Yourself (Part 1)
Test Yourself (Part 2)

Microeconomics: Market Failure

Causes of Market Failure
Consequences of Market Failure I
Consequences of Market Failure II
Consequences of Market Failure III
Consequences of Market Failure IV