Economics 244
International Trade
This section considers the interaction between our economy and that of the rest of the world. From our knowledge of macroeconomics, we know that a portion of domestic consumption is imported from overseas and that some of what is produced locally is exported. Why does international trade occur? Is it to our advantage to engage in international trade? Why does the government levy import tariffs on certain goods? The aim of the module is to answer these and other questions. International Finance
Whenever trade occurs, money is always involved. In the domestic economy, payment for goods and services rendered is relatively straightforward as the currency involved is the same. However, once goods are traded internationally, different currencies are involved. This creates complications when paying for these goods. The goal of this module is to discuss the most important aspects of the monetary side of international trade. International finance and international trade can therefore be regarded as two sides of the same coin.
Prerequisite Pass modules (PP): Economics 114, Economics 144
Corequisite module (C): Economics 214
Credits: 16
Classes per week: 3 lectures 1 tutorial
Module convenor: Prof RCC Jafta
Work programme: International Trade
Work programme: Monetary Policy & International Finance
Login
(for staff & registered students)
Upcoming Seminars
Monday 28 July 202512:00-13:00
Dr Neil Rankin: Ceo Of Predictive Insights & Stellenbosch University
Topic: "TBC"
12:00-13:00
Prof Willem Boshoff
Topic: "Two competing approaches in South African competition policy: merger control and anti-cartel enforcement over the past 30 years"
12:00-13:00
Prof Derek Yu: University Of The Western Cape
Topic: "Examining the teaching, assessment and research activities of the South African Economics Departments"
BER Weekly
20 Jun 2025 Israel-Iran war intensifies as Trump still decides if the US should get involvedThe Israel-Iran war dominated news headlines this week. As expected, Iran retaliated following last week’s strikes on nuclear facilities by Israel, leading to a full-blown war between the two countries. On the economic front, the US Federal Reserve (Fed) and Bank of England (BoE) had interest rate decisions this week, with both banks remaining on hold...
Read the full issue
Upcoming Seminars
Monday 28 July 202512:00-13:00
Dr Neil Rankin: Ceo Of Predictive Insights & Stellenbosch University
Topic: "TBC"
12:00-13:00
Prof Willem Boshoff
Topic: "Two competing approaches in South African competition policy: merger control and anti-cartel enforcement over the past 30 years"
12:00-13:00
Prof Derek Yu: University Of The Western Cape
Topic: "Examining the teaching, assessment and research activities of the South African Economics Departments"
BER Weekly
20 Jun 2025 Israel-Iran war intensifies as Trump still decides if the US should get involvedThe Israel-Iran war dominated news headlines this week. As expected, Iran retaliated following last week’s strikes on nuclear facilities by Israel, leading to a full-blown war between the two countries. On the economic front, the US Federal Reserve (Fed) and Bank of England (BoE) had interest rate decisions this week, with both banks remaining on hold...
Read the full issue