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Economic and Management Sciences deals with the efficient and effective use of different types of
private, public or collective resources to satisfy people’s needs and wants. It reflects critically on the impact of
resource exploitation on the environment and on people. It also deals with effective management of scarce resources in order to maximise profit.

Economic and management Sciences is a practical subject that equips learners with real-life skills for personal
development and the development of the community. The tasks set should contribute to personal development and
should promote the idea of sustainable economic growth and the development of the community.