Economics 144
The following themes are discussed, with a specific focus on South Africa:
- how the aggregate economy is measured and functions (including the multiplier model)
- unemployment and the role of fiscal policy
- inflation and the role of monetary policy
- the money market and the role the central bank plays
- the role of technological change in the economy and how it affects income inequality
- the role of globalisation (international trade, migration and investment) in the aggregate economy
Corequisite module (C): Economics 114
Credits: 12
Classes: 3 lectures, 1 tutorial
Module convenor: Olivia Ezeobi olivia@sun.ac.za
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BER Weekly
19 Apr 2024There was good news for global growth this week – with China's Q1 GDP beating expectations (see international section) and the IMF lifting its global growth forecast for 2024 once more. SA economic data releases, however, were mixed, with a welcome downtick in CPI inflation but relatively poor internal trade data. Most of the world’s economic policymakers...
Read the full issue
BER Weekly
19 Apr 2024There was good news for global growth this week – with China's Q1 GDP beating expectations (see international section) and the IMF lifting its global growth forecast for 2024 once more. SA economic data releases, however, were mixed, with a welcome downtick in CPI inflation but relatively poor internal trade data. Most of the world’s economic policymakers...
Read the full issue