Economics for South African Students

ebook

By Philip Mohr

cover image of Economics for South African Students

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A comprehensive introduction to economics in general, set against a contemporary South African background. Content has been restructured and thoroughly updated. Covers all the material usually prescribed for introductory courses, and lays a solid foundation for intermediate and advanced studies in economics. Includes many practical examples. Contents include the following:

  • Economic systems
  • Production, income and spending in the mixed economy
  • Demand, supply and prices
  • Elasticity
  • Theory of demand: the utility and indifference approaches
  • Background to supply: production and cost
  • Perfect competition
  • Monopoly and imperfect competition
  • Labour market
  • Measuring the performance of the economy
  • Monetary sector
  • Government sector
  • Foreign sector
  • Keynesian models
  • Macroeconomic theory and policy
  • Inflation
  • Unemployment
  • Economic growth and business cycles
  • Economics for South African Students