| Module code | EKN 120 |
| Qualification | Undergraduate |
| Faculty | Faculty of Economic and Management Sciences |
| Module content | This module deals with the core principles of economics, especially macroeconomic measurement the private and public sectors of the South African economy receive attention, while basic macroeconomic relationships and the measurement of domestic output and national income are discussed. Aggregate demand and supply analysis stands core to this course which is also used to introduce students to the analysis of economic growth, unemployment and inflation. The microeconomics of government is addressed in a separate section, followed by a section on international economics, focusing on international trade, exchange rates and the balance of payments. The economics of developing countries and South Africa in the global economy conclude the course. |
| Module credits | 10.00 |
| Programmes |
BCom
BCom Accounting Sciences BCom Agribusiness Management BCom Business Management BCom Econometrics BCom Economics BCom Entrepreneurship BCom Financial Sciences BCom Human Resource Management BCom Informatics Information Systems BCom Investment Management BCom Law BCom Marketing Management BCom Recreation and Sports Management BCom Statistics BCom Supply Chain Management BEd Senior Phase and Further Education and Training Teaching BSc Construction Management BSc Quantity Surveying BSc Real Estate BTRP BPolSci International Studies BPolSci Political Studies BSocSci Philosophy, Politics and Economics BConSci Clothing Retail Management BConSci Hospitality Management BScAgric Agricultural Economics and Agribusiness Management |
| Service modules | Faculty of Engineering, Built Environment and Information Technology Faculty of Education Faculty of Humanities Faculty of Natural and Agricultural Sciences |
| Prerequisites | EKN 110 GS or EKN 113 GS and at least 4 (50-59%) in Mathematics in the Grade 12 examination or 60% in STK 113 and concurrently registered for STK 123 |
| Contact time | 2 lectures per week, 1 discussion class per week |
| Language of tuition | Separate classes for Afrikaans and English |
| Academic organisation | Economics |
| Period of presentation | Semester 2 |
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