Economics (Level 1)

This course aims to provide participants with an insight into the theories and applications of the discipline of economics, equivalent to a first-year level university course.

Outcomes:

• An understanding and knowledge of the essential principles and theories of micro-economics, macro-economics and international economics, and the application of theories to the South African economy.
• Understand and evaluate a broad range of economic theory in the form of concepts, mathematical formulae, graphs and models.
• Apply a broad range of economic theory to solving particular economic problems.
• Develop numeric, graphical and writing skills and combine these in a variety of problem-solving exercises.
• Think and express yourself in a manner that is logical, analytical, clear and concise.
• Understand the major features of the South African economy and the challenges facing it, and relate these to micro-economic, macro-economic and international economics theory.