Stellenbosch University Economics 114, 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 < (opens in a new tab)”>[email protected]>
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