Grade 8 EMS
4 Seasons
EMS is about various governmental, economic, and business-related topics. The year begins with a revision of topics from grade 7 such as traditional societies, bartering, types of money, and banking. We then dive into the roles and levels of government and government expenditure, tax, accounting, as well as the impact of development on the environment, unemployment, and productive use of resources.
Students are provided with a foundational understanding of how to maximise profits through the effective management of resources. The ways in which private, public or collective resources are used to meet people’s needs and wants and how they can be exploited, are also critically reflected on. Expand your financial literacy, entrepreneurial skills, personal development, and development of the community through core business and governmental management principles.
-
06:32Episode 1Leadership and management
Episode 1
We focus on defining top, middle and lower level management roles, responsibilities and characteristics of leadership.
-
08:08Episode 2Leadership & Management
Episode 2
We shift to different leadership and management styles.
-
05:29Episode 3Management tasks
Episode 3
In previous lessons you learned about management, the different management styles and the different levels of management. We look at the different tasks a manager performs on an almost daily basis.
-
Leadership & Management – characteristics of good management.
Episode 4
We take a closer look at the characteristics and value systems that govern managers.
-
![Revision [Business Studies]](https://vhx.imgix.net/spongein1/assets/3bf28bce-5879-463a-b829-cc9e5d53c221-fc4489fb.png?auto=format%2Ccompress&fit=crop&h=360&q=70&w=640)
07:18Episode 5Revision [Business Studies]
Episode 5
We need to ensure that we remember important terminology from the many lessons we have covered.
-
T-accounts, the double entry system and the general ledger
Episode 6
The General ledger is a summary of all the journals. To understand the general ledger, we need to start by wrapping our heads around the double entry system and T accounts.
-
04:48Episode 7Debiting and crediting
Episode 7
There are specific sets of rules used to decide whether an account gets credited or debited.
-
04:55Episode 8Format of General ledger and sections
Episode 8
We start looking at T accounts and move on to know the format of the general ledger.
-
Opening accounts in the general ledger and posting from journals
Episode 9
We look at posting from journals to the general ledger.
-
Balancing the general ledger and trail balance
Episode 10
We look at the final step that follows after recording to the general ledger which is doing the trial balance. We also look at a few tips on what you can expect in your exams.
