Undergraduate Programmes

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Economic activity is important for the individual and society and it is essential for any student to gain as much insight as possible into the functioning of the economic world. Since Economics is a social science that studies an eternal problem of man, namely how to satisfy unlimited wants with limited resources, it has a bearing on everyone. As members of society, each one of us is a consumer (purchasing goods and services to satisfy our needs) and a producer (using various skills in the work place to produce ‘something'). But how does this system function? How does the South African economy fit into the global economy? What can be done to encourage higher economic growth, resulting in a better standard of living for all? Economists study these and other issues.

Economics allows a wide choice of careers. Although some careers require postgraduate studies in Economics and Econometrics, experience has shown that undergraduate qualifications in Economics yield good returns for careers in the business world and in the public sector. In business, microeconomics facilitates logical decision-making in the firm while macroeconomics provides insight into the economic environment within which the enterprise operates. Majoring in Economics may also improve the likelihood of promotion in government departments. Economics also creates opportunities in teaching and is recommended for students who envisage a career in journalism.

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BER Weekly

16 May 2025 Trade truce lifts markets, SA braces for winter load-shedding and budget reckoning
This week, data showed that South Africa’s unemployment rate rose in 2025Q1, with net job losses compared to 2024Q4. Meanwhile, mining output improved in March but declined overall for the quarter. In the US, inflation eased to a four-year low, while Germany’s economic sentiment rebounded sharply. The UK economy posted impressive growth in Q1; however,...

Read the full issue
 

BER Weekly

16 May 2025 Trade truce lifts markets, SA braces for winter load-shedding and budget reckoning
This week, data showed that South Africa’s unemployment rate rose in 2025Q1, with net job losses compared to 2024Q4. Meanwhile, mining output improved in March but declined overall for the quarter. In the US, inflation eased to a four-year low, while Germany’s economic sentiment rebounded sharply. The UK economy posted impressive growth in Q1; however,...

Read the full issue