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

6 July 2020
The main domestic data event over the past week was the release of the 2020Q1 GDP figures. Although not as poor as feared, the data still highlighted just how weak the SA economy was even before the unprecedented COVID-19 crisis hit with full force in 2020Q2. In other domestic news, a heated debate is raging about the fiscal consolidation outlined in...

Read the full issue
 

Upcoming Seminars

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

BER Weekly

6 July 2020
The main domestic data event over the past week was the release of the 2020Q1 GDP figures. Although not as poor as feared, the data still highlighted just how weak the SA economy was even before the unprecedented COVID-19 crisis hit with full force in 2020Q2. In other domestic news, a heated debate is raging about the fiscal consolidation outlined in...

Read the full issue