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
11 Apr 2025 Trump hits pause amid a trade race to the bottomIt’s been quite the week. Tariffs and Trump took centre stage on the global front, with a seemingly Saudi-engineered oil price slump playing second fiddle. At home, there still is uncertainty about the future of the Government of National Unity (GNU) – or rather, the DA’s participation in it....
Read the full issue
BER Weekly
11 Apr 2025 Trump hits pause amid a trade race to the bottomIt’s been quite the week. Tariffs and Trump took centre stage on the global front, with a seemingly Saudi-engineered oil price slump playing second fiddle. At home, there still is uncertainty about the future of the Government of National Unity (GNU) – or rather, the DA’s participation in it....
Read the full issue