Overview

An introduction to the study of economics from a macroeconomic perspective including the following areas of study: trade in a global village, GDP as National Income and Aggregate Expenditure, savings and investment, unemployment, money and the South African monetary system, aggregate demand and supply in the short and long run, … For more content click the Read More button below.

Offerings

S1-01-SAFRICA-ON-CAMPUS
S2-01-SAFRICA-ON-CAMPUS

Contacts

Chief Examiner(s)

Dr Tendeukayi Mugadza

Notes

IMPORTANT NOTICE:
Scheduled teaching activities and/or workload information are subject to change in response to COVID-19, please check your Unit timetable and Unit Moodle site for more details.

Learning outcomes

On successful completion of this unit, you should be able to:
1.

gain an insight into the product, money, labour and foreign exchange markets

2.

develop skills in the application of economic principles to wider social issues

3.

gain knowledge and understanding of the South African and African economies and their operation in an international environment

4.

acquire the basis for more advanced studies in economics

5.

demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered.

Teaching approach

Active learning

Assessment summary

This unit contains a hurdle requirement that you must achieve to be able to pass the unit. The consequence of not achieving a hurdle requirement is a fail grade (NH) and a maximum mark of 45 for the unit.

Assessment

2 - Semester Test 1
3 - Semester Test 2
4 - Examination

Scheduled and non-scheduled teaching activities

Lectures

Workload requirements

Workload

Learning resources

Required resources