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

5 December 2022
Shock waves reverberated through SA last week after an independent panel report found that President Cyril Ramaphosa may have violated his oath of office in handling a theft at his Limpopo farm. While the Phala Phala saga will drag on this week, there are also some important local data releases, including the 2022Q3 real GDP figures (tomorrow) and the...

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Upcoming Seminars

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

BER Weekly

5 December 2022
Shock waves reverberated through SA last week after an independent panel report found that President Cyril Ramaphosa may have violated his oath of office in handling a theft at his Limpopo farm. While the Phala Phala saga will drag on this week, there are also some important local data releases, including the 2022Q3 real GDP figures (tomorrow) and the...

Read the full issue