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OTE2601 EXAM PACK 2024
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LATEST EXAM PACK QUESTIONS AND ANSWERS AND SUMMARIZED NOTES FOR EXAM PREPARATIONS. UPDATED FOR 2024 EXAMS.
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OTE2601EXAM
PACK 2024
LATEST EXAM PACK QUESTIONS AND
ANSWERS AND SUMMARIZED NOTES FOR
EXAM PREPARATIONS.
UPDATED FOR 2024 EXAMS.
,Introduction
Aim
The aim of this module is to equip students with a basic study into the teaching of
Economic and Management Sciences (EMS) as a school subject from Grade 7. It will
assist teachers to perform their roles as teachers when they start teaching the subject
EMS, specifically in the intermediate and senior phases of the general education and
training (GET) band. The value of the course cannot be overemphasised, as Grade 9
marks the end of the GET phase and constitutes an exit level.
LEARNING OUTCOMES
When you have completed this module, you should be able to:
• instil the Economic and Management Sciences knowledge to teachers to
be able to teach the subject
• enlarge the teacher’s capacity and ability to think critically and holistically
regarding the educational and economical context
• provide a broad overview of the field of EMS from a pedagogical context
knowledge perspective
• identify key concepts and mediate understanding of these key concepts
• examine possible ways of promoting entrepreneurship in the intermediate
and senior phase of the GET band
In this module, I introduce primary school teachers to the Economic and Management
Science reality. Our daily involvement as consumers and participants in the economic
world can be seen in our economic activities. Moreover, I also give teachers a glimpse
of the world that school leavers enter. (The first exit level is at the end of Grade 9.
According to the Education Laws Amendment Act 57 of 2001, the first nine years of
schooling are compulsory and free.) Then I proceed to discuss the necessity of
promoting a culture of entrepreneurship in a South African context.
All learners require economic knowledge, skills and attitudes because they will all be
required to participate in economic and consumer activities. The primary aim of this
module is to teach you how to impart the required knowledge, attitudes and skills to
primary school learners. My aim is to help learners to participate in these activities in
a responsible way and to develop an entrepreneurial approach to life, both while they
are still at school and when they leave school.
I hope that you will find this module interesting and stimulating, and that the knowledge
you gain here will help you to prepare your learners for the Economic and Management
Sciences world.
How to use the study guide
This is the only study guide for Orientation to teaching Economic and Management
Sciences; there is no prescribed textbook. All the subject matter is contained in the
study package.
, OTE2601/102/0/2020
The study guide is divided into two sections:
SECTION A:
ECONOMIC AND MANAGEMENT ISSUES
SECTION B:
MANAGEMENT SCIENCES AND ENTREPRENEURSHIP
The subject matter is divided into different study units. Every study unit covers a specific theme.
Note that it is virtually impossible to deal comprehensively with the whole Economic and
Management Sciences reality in one module. There are many good sources you could consult to
extend your knowledge of the EMS reality.
A number of learning outcomes are listed at the beginning of each study unit. It is your responsibility
to ensure that you comply with these requirements.
It is imperative that you complete the activities that appear in the text before you move on to the
content that follows.
The study units are divided as follows:
SECTION A: ECONOMIC AND MANAGEMENT SCIENCES ISSUES
STUDY UNIT 1: THE ECONOMY IN A SOUTH AFRICAN CONTEXT
STUDY UNIT 2: THE CONSUMER IN THE ECONOMY
SECTION B: MANAGEMENT SCIENCES AND ENTREPRENEURSHIP
STUDY UNIT 3: ENTREPRENEURSHIP
STUDY UNIT 4: THE ENTREPRENEUR AS A PERSON
STUDY UNIT 5: STARTING AND RUNNING A BUSINESS
STUDY UNIT 6: FINANCIAL MANAGEMENT, MEANING AND FUNCTIONS
STUDY UNIT 7: ENTREPRENEURSHIP IN THE CLASSROOM
Please refer to the contents page before you study any theme. This will enable you to
comprehend how the section fits into the course.
Take a glance at the following symbols that are used throughout the study guide to
highlight different sections.
I use this symbol whenever I refer to learning outcomes. Learning
outcomes are the outcomes you need to achieve during this course.
7
, This symbol means that you should think about the topic in the light
of what you have already learned. I do this to place new content into
context and to enable you to progress from a deductive approach.
You should read these boxes carefully before you begin to study any
new content, since the text serves as a link between your existing
knowledge and the task that follows thereafter.
This symbol indicates a written activity. You may not have to submit
your written answer, but the activity will help you to grasp and
interpret the work. Written activities often serve as practice for the
assignments that you have to submit.
I use this symbol for self-assessment questions. These questions
may require you to think, reflect and evaluate. My aim is to enable
you to apply theoretical content in practical situations.
This icon denotes references to information in study unit 6.
I suggest that you keep a journal and record your responses. Write down the plans
of action you could follow when dealing with the case studies, which approach
works best for a particular situation, and any information gleaned (learned) from
additional reading or from your practical experience. This is not compulsory, but you
will find that a journal is an asset and an invaluable source of reference when you
are involved in real-life teaching.
Programme for the year
You will not be able to work through this course if you do not start as soon as possible;
the earlier the better. Please do not attempt to start studying days before the
examination. I recommend that you work throughout the year and hand in all your
assignments timeously. Study the relevant sections carefully before you tackle the
assignments. If this is your first year of studying at a distance education institution such
at Unisa, you will have to adapt your approach to your studies. You will have to work
through the study material at your own pace, in your own time and at any place of your
choice. You need to draw up a work schedule and then stick to it. Tackle the work unit
by unit.
I hope that this module will help you gain more knowledge and a better understanding
of the challenging, exciting disciplines of EMS. I also hope that you will acquire the
theoretical and practical knowledge you need in your specific situation.
Prof MW Lumadi
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