Economics 114 (Microeconomics)

The basic economic problem, economic systems and the foundations of the market economy are among the first topics that will be dealt with. Introductory microeconomics, including market equilibrium, elasticity, demand and supply theory and different market forms will follow. The module concludes with a look at market failures and the labour market.

Prerequisite module: None

Credits: 12

Classes: 3 lectures, 1 tutorial

Module convenor: Debra Shepherd <[protected email address] >

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BER Weekly

11 June 2018
Over the weekend, welcome news broke that the majority of public sector trade unions had signed a multi-year wage deal with the government. Unfortunately, the costs are significantly more than budgeted for by National Treasury in the February Budget. This means that the government is faced with some tough choices. The fact that GDP growth disappointed...

Read the full issue
 

Upcoming Seminars

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

BER Weekly

11 June 2018
Over the weekend, welcome news broke that the majority of public sector trade unions had signed a multi-year wage deal with the government. Unfortunately, the costs are significantly more than budgeted for by National Treasury in the February Budget. This means that the government is faced with some tough choices. The fact that GDP growth disappointed...

Read the full issue