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

4 December 2023
Beyond the scheduled data releases, there was a lot to digest on the economic news front last week. Internationally, downward inflation surprises from the US and Eurozone spurred financial markets to expect sooner and deeper rate cuts by the major central banks. Meanwhile, the delayed announcement by OPEC+ members of further production cuts failed to...

Read the full issue
 

Upcoming Seminars

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

BER Weekly

4 December 2023
Beyond the scheduled data releases, there was a lot to digest on the economic news front last week. Internationally, downward inflation surprises from the US and Eurozone spurred financial markets to expect sooner and deeper rate cuts by the major central banks. Meanwhile, the delayed announcement by OPEC+ members of further production cuts failed to...

Read the full issue