Teaching
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
25 Apr 2025 Budget 3.0 loading; Trump starts to walk back tariff threats and Fed bullying (for now)This week was marked by policy reversals and clarifications both in SA and abroad, as policymakers confronted the consequences of their decisions. In the US, the administration softened its previously hardline stance on tariffs and downplayed earlier critiques of the US Federal Reserve (Fed). At home, SA’s National Treasury retracted its VAT increase...
Read the full issue
BER Weekly
25 Apr 2025 Budget 3.0 loading; Trump starts to walk back tariff threats and Fed bullying (for now)This week was marked by policy reversals and clarifications both in SA and abroad, as policymakers confronted the consequences of their decisions. In the US, the administration softened its previously hardline stance on tariffs and downplayed earlier critiques of the US Federal Reserve (Fed). At home, SA’s National Treasury retracted its VAT increase...
Read the full issue