Economics for South African Students by Louis Fourie

Economics for South African Students
Author: Louis Fourie; Philip Mohr
Format: Softcover



Description:

Table of Contents:

• Introduction. What economics is all about
  
• a closer look at the economic problem
  
• the interdependence between the major sectors, markets and flows in the mixed economy
  
• measuring the performance of the economy
  
• the South African economy
  
• the economist's analytical toolkit. Microeconomics. Demand and supply prices
  
• demand and supply in action
  
• elasticity
  
• background to demand - the theory of consumer choice
  
• background to supply - the theory of production and cost
  
• perfect competition
  
• monopoly and imperfect competition
  
• the labour market. From microeconomics to macro-economics - three important sectors in the economy. The monetary sector
  
• the public sector
  
• the foreign sector. Macroeconomics. Income determination in a simple Keynesian macroeconomic model.
  
• Keynesian models including the government and the foreign sector
  
• more on macroeconomic theory and policy
  
• inflation
  
• unemployment and the Phillips curve
  
• economic growth and development. Index

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