Development Economics I

Economic development is a process of structural change that facilitates a sustained rise in the living standards of the population as a whole. From this follows that structural change (and thus discontinuities) rather than economic growth alone are emphasised, and that the distribution of the gains from economic growth is a central issue.

This course provides an introductory overview of current economic development issues (i.e. structural economic issues) as they are encountered particularly in South Africa or in other African countries The debate about the nature of apartheid and its legacy and about the post-apartheid economy is naturally central to any course on economic development in South Africa.

Course instructor: Servaas van der Berg

Work programme

BER Weekly

18 February 2019
There was a slew of data releases last week, both on the domestic and international front. Domestic releases focused on real economic data for December 2018, all but completing the picture for 2018Q4 GDP. In financial markets, the rand lost further ground last week on the back of a strong US dollar and the return of load shedding. On the international...

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