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

18 September 2017
Data reported on the domestic economy last week covered the current account balance for Q2, as well as retail and wholesale sales in July. Accordingly, SA registered its third consecutive trade surplus in the second quarter. Despite this improvement on the back of higher commodity prices, transfer payments to the Southern African Customs Union (SACU)...

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Upcoming Seminars

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

BER Weekly

18 September 2017
Data reported on the domestic economy last week covered the current account balance for Q2, as well as retail and wholesale sales in July. Accordingly, SA registered its third consecutive trade surplus in the second quarter. Despite this improvement on the back of higher commodity prices, transfer payments to the Southern African Customs Union (SACU)...

Read the full issue