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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Evaluate South Africa's economic policies 
SAQA US ID UNIT STANDARD TITLE
114855  Evaluate South Africa's economic policies 
ORIGINATOR
SGB Diplomacy, Protocol and Foreign Affairs Assist 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 08 - Law, Military Science and Security Sovereignty of the State 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 6  Level TBA: Pre-2009 was L6  5 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2007-06-26  2008-11-26  SAQA 0160/05 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2009-11-26   2012-11-26  

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 is replaced by: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
259997  Analyse South Africa's key foreign and domestic policies  Level 6  Level TBA: Pre-2009 was L6  8   

PURPOSE OF THE UNIT STANDARD 
This unit standard has as its core purpose, qualifying learners who will be able to understand the economic realities of South Africa. The learner will demonstrate knowledge and insight into basic trade and investment opportunities in SA and abroad.

The qualifying learner will be able to:
  • Demonstrate an understanding of financial and economic realities of SA.
  • Analyse the influence of foreign markets and globalisation on the economy of SA.
  • Evaluate the trade and investment scene in South Africa and Africa.
  • Evaluate the role of imaging and branding in the economy of SA. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this unit standard are assumed to have a Level 5 qualification or RPL equivalent. 

    UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Demonstrate an understanding of the South African economy 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Features of the South African economy are identified and discussed. 

    ASSESSMENT CRITERION 2 
    The nature of SA household and business enterprises are reviewed. 

    ASSESSMENT CRITERION 3 
    The role of the Government in the SA economy is analysed. 

    ASSESSMENT CRITERION 4 
    The concepts: inflation rate, interest rates, balance of payment and foreign exchange markets are clearly described. 

    ASSESSMENT CRITERION 5 
    The role of the workers' unions in the South African economy is outlined. 

    ASSESSMENT CRITERION 6 
    The role of the private business sector is explained. 

    ASSESSMENT CRITERION 7 
    Knowledge of the tax structure of SA is demonstrated. 

    ASSESSMENT CRITERION 8 
    Tax incentives to investors are explained. 

    ASSESSMENT CRITERION 9 
    Knowledge of trade opportunities and incentives in SA is demonstrated. 

    SPECIFIC OUTCOME 2 
    Analyse the effect of foreign markets and globalisation on the economy of SA. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Broad principles of International Trade are discussed. 

    ASSESSMENT CRITERION 2 
    A distinction between micro and macro- economics is made. 

    ASSESSMENT CRITERION 3 
    The significance of exchange rates is described. 

    ASSESSMENT CRITERION 4 
    Import and export tariffs are analysed. 

    ASSESSMENT CRITERION 5 
    Links between the balance of payments, economic activity and economic policy are defined. 

    ASSESSMENT CRITERION 6 
    The concept of globalisation is analysed. 

    ASSESSMENT CRITERION 7 
    Major global economic subsystems are outlined. 

    ASSESSMENT CRITERION 8 
    Problems in International Political Economy are discussed within the context of the South African economic situation. 

    SPECIFIC OUTCOME 3 
    Evaluate trade and investment in South Africa and Africa. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Current trade links of SA with the rest of the world are identified and opportunities for growth are identified. 

    ASSESSMENT CRITERION 2 
    Exporting and Importing opportunities in the SA economy are identified. 

    ASSESSMENT CRITERION 3 
    Factors influencing trade and investment in SA are analysed. 

    ASSESSMENT CRITERION 4 
    Poverty in developing countries is discussed within the politics of the international economic relations. 

    ASSESSMENT CRITERION 5 
    Factors militating against trade and investment in Africa are identified. 

    ASSESSMENT CRITERION 6 
    NEPAD and the economic development of the Sub Saharan Africa is critically evaluated. 

    ASSESSMENT CRITERION 7 
    The impact of the African Growth and Opportunitiy Act (AGOA) is analysed. 

    SPECIFIC OUTCOME 4 
    Evaluate the role of imaging and branding in the economy in South Africa. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The concepts of imaging and branding are described. 

    ASSESSMENT CRITERION 2 
    Famous brands and imaging of SA are acknowledged and profiled. 

    ASSESSMENT CRITERION 3 
    SA tourism as a sector for investment is analysed and promoted. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • An individual wishing to be assessed (including through RPL) against this unit standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA.
  • Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA.
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • The South African Economy
  • Trade and investment in SA: Trade map of SA, information on export and imports, trade opportunities, spatial development scheme, investment promotion strategy.
  • Role of imaging and branding including Intellectual property
  • Economies of Africa: NEPAD, regional economic integration - SACU/SADC
  • Common Agriculture Policy: impact on NEPAD and developing countries
  • Africa: debt and ODA
  • Exporting and Importing policies
  • Links with rest of the world: Export Councils, organized business, target countries for investment recruitment
  • International Policy co-ordination: G8, OECD, Cairns group, IIC
  • Economics Programmes: Kimberley Process, Tourism, WIPO, WCO
  • Global Economic Organizations: EUCDI, CBC, ECOSOC, G15, G77,UNCTAD, etc.
  • African Growth and Opportunity Act
  • Global Financial Organisations: ECIP, G20, G24, IMF, etc.
  • Financing for development: UNCTAD X, UNLDC111, WSSD. 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others in presenting the best interest of South Africa. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, organise and critically evaluate information pertaining to trade and investment. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively in economic environments. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of related systems to acquire best possible trade agreements. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    UNIT STANDARD NOTES 
    This unit standard has been replaced by unit standard 259997, which is "Analyse South Africa's key foreign and domestic policies", Level 6, 8 credits.

    Assessment methods and integrated assessment.
    Ensure that assessment covers the specific outcomes, the critical cross-field outcomes and the essential embedded knowledge. Assessment activities should be appropriate to the context and tools may include self-assessment, peer assessment, formative and summative assessment.

    A range of assessment methods should be used, including direct observation, product sample, simulation, questioning (verbal or written) and testimony (portfolio collection of evidence).

    Integrated assessment: It may be more effective and efficient to assess a
    number of unit standards together thus reducing the number of assessment
    "events". Ensure that the commonalities that exist between a number of unit standards are captured in a way that makes sense for assessment.

    Supplementary information
    Lectures: 20 Hours
    Experiential Learning: 20 Hours
    Self-directed learning: 10 Hours
    Skills coaching
    Other
    Total: 50 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  48762   Advanced Certificate: Mission Administration  Level 6  Level TBA: Pre-2009 was L6  Passed the End Date -
    Status was "Reregistered"     		 2008-11-26  Was PSETA until Last Date for Achievement 
    Fundamental  49055   National Certificate: Foreign Economic Representation  Level 6  Level TBA: Pre-2009 was L6  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  PSETA 


    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.
     
    NONE 


    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.