Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
ECS1102 or equivalent.
ECB2330, ECB2331, ECF2331, ECW2730.
Measuring and interpreting macroeconomic data; consumption and investment decisions; analysis of the real exchange rate and trade balance; assets price movements; different international monetary systems; the economic benefits and costs of optimum currency areas; IS-LM mode; AD-AS model; how policy-makers in South Africa and the broader African continent try to stablise the economy.
The learning goals associated with this unit are to:
Within semester assessment: 40% + Examination: 60%
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.