Economics 114
The following five broad themes are studied:
• Problems economists address: inequality, poverty, economic growth, sustainability, scarcity, choice
• Economic decision making: incentives, relative prices, economic rent, labour, production, opportunity cost
• Economic relationships and interactions: game theory, equity, efficiency
• Markets: supply and demand, price-taking and competitive markets, elasticity
• Market dynamics: rent-seeking, taxation, market failure, externalities, and government policies
Prerequisite module: None
Credits: 12
Classes: 3 lectures, 1 tutorial
Module convenor: Kholekile Malindi <Dr Kholekile Malindi>
Login
(for staff & registered students)
BER Weekly
8 Nov 2024Donald Trump convincingly won the US presidential election. It was not nearly as close as most pollsters and number crunchers had expected, with Trump even winning the popular vote. Flying under the radar of the US election was the effective collapse of the German coalition government, with a snap election possible in March. Meanwhile, on the monetary...
Read the full issue
BER Weekly
8 Nov 2024Donald Trump convincingly won the US presidential election. It was not nearly as close as most pollsters and number crunchers had expected, with Trump even winning the popular vote. Flying under the radar of the US election was the effective collapse of the German coalition government, with a snap election possible in March. Meanwhile, on the monetary...
Read the full issue