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

30 March 2020
Late Friday night, Moody's downgraded SA's foreign and local currency sovereign credit rating to Ba1 - one notch below investment grade - following a scheduled ratings review. Tragically, SA also recorded its first COVID-19 deaths and cases surged to over 1 200 during the week.In financial markets, the SA Reserve Bank (SARB) announced it would start...

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Upcoming Seminars

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

BER Weekly

30 March 2020
Late Friday night, Moody's downgraded SA's foreign and local currency sovereign credit rating to Ba1 - one notch below investment grade - following a scheduled ratings review. Tragically, SA also recorded its first COVID-19 deaths and cases surged to over 1 200 during the week.In financial markets, the SA Reserve Bank (SARB) announced it would start...

Read the full issue