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>

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BER Weekly

14 Jun 2024
As has been common this year, politics and interest rates were in the spotlight this week. Locally, a government of national unity (GNU) is taking shape. The international focus was on the aftermath of the European Parliamentary election, which led French President Emmanuel Macron to call for a snap election. Across the Atlantic Ocean, market participants...

Read the full issue
 

Upcoming Seminars

No seminars are currently listed. Please check back soon.
 
More...

BER Weekly

14 Jun 2024
As has been common this year, politics and interest rates were in the spotlight this week. Locally, a government of national unity (GNU) is taking shape. The international focus was on the aftermath of the European Parliamentary election, which led French President Emmanuel Macron to call for a snap election. Across the Atlantic Ocean, market participants...

Read the full issue