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18 NQF credits at HEQSF level 5

Course entry requirements: A minimum mark of 50% for ECO1010F/S or ECO1110F/S. ECO1010F/S may be taken concurrently with ECO1011F/S if ECO1010F/S has been previously attempted.

Course outline:

This course is an introductory level course in macroeconomic theory and policy. Macroeconomics studies the aggregate of the economy. The list of topics covered gross domestic product, economic growth, unemployment, inflation, exchange rates, balance of payments, business cycles, fiscal and monetary policy tools and objectives. The course will build on macroeconomic relationships to develop models explaining various interactions within the economy, providing students with a framework for understanding and interrogating the workings of the economy. The course emphasizes relevant and current issues in the context of South African economic history. We also explore South Africa’s relationship with the rest of the world.

Lecture times: ECO1011F 15h00 – 16h00 Monday, Tuesday, Wednesday & Thursday ECO1011S09h00 – 10h00 Tuesday, Wednesday, Thursday & Friday10h00 – 11h00 Tuesday, Wednesday, Thursday & Friday11h00 – 12h00 Tuesday, Wednesday, Thursday & Friday12h00 – 13h00 Tuesday, Wednesday, Thursday & Friday

DP requirements: You are required to attend the assigned tutorials. If you do not attend 70% of these you will be refused a DP, i.e., you will not be entitled to write the examination. Your year mark contributes a half of your final total for the course. If your year mark is below 30% you will not be permitted to write the final examination. If you choose not to submit your essay or not to write a test you will be given a mark of zero for that component of the but will be allowed to write the examination provided your year mark is above 30%.

Assessment: Coursework: 50%; Exam: 50%. The course outline will detail the breakdown for submission weightings and variation for exemptions and absences.

Last updated : 19 Apr 2018

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