Economics 1B - Macroeconomics (FT)

Welcome to Economics 1B- Macroeconomics. Hopefully, like us, you will find economics a stimulating and rewarding area of study. You will see that economics affects us every day of our lives, both at home and at work. In first year economics we will investigate how you should spend your money, why shops have sales, why producing cars in South Africa is a waste of resources, how inflation affects you and why so many people are unemployed in South Africa. All in all, you will learn how to make the world around you a great deal more accessible and meaningful. Both an art and a science, economics is the study of how economies operate and the decisions that governments, businesses and people make under different market conditions.

Course Information

Course Administrator

Mrs Thandi Chamane,

E-mail: thandi.chamane@wits.ac.za.

All administrative queries (e.g. problems with test results, registration issues etc.) should be directed to the course administrator When requesting to be excused from a test all required documentation, such as application forms and supporting documents i.e. doctors certificates, must be submitted to the course administrator.

Course Coordinator

Dr. Lumkile Mondi

Email: lumkile.mondi@wits.ac.za

The course coordinator is responsible for coordinating the various operational aspects of the course. The course coordinator does not handle student queries. Queries should be directed to the course administrator (see above), who will either provide the information / assistance you require or direct you to the appropriate person.

Lecturer Contact Details

Giampaolo .png

Prof. Giampaolo Garzarelli

Email: giampaolo.garzarelli@wits.ac.za

Dr. Lumkile Mondi

Email: lumkile.mondi@wits.ac.za

Mr. Sedjro Alovokpinhou

Email: Sedjro.Alovokpinhou@wits.ac.za

Prescribed textbook

Economics 3rd EDITION: Economics, (Global and Southern African Perspectives) by Parkin M. et al; published by Pearson Education South Africa Limited; ISBN: 9781485709176.

The E-Book can be purchased from Pearson South Africa through the following link: https://shop.pearson.co.za/9781485716808

It is in ePDF format, which enables you to:

- View the entire book offline on desktop or tablet;
- Search for and highlight text; and
- Add and edit personal notes directly in your eBook.

Students who are unable to obtain the 3^rd edition, may use:

Economics (Global and Southern African Perspectives, 2^ND EDITION), by Parkin M. et al, published by Pearson Education South Africa; ISBN: 978-1-775-7850-6

Course material

Please click Modules to access all course material such as pre-recorded lectures, lecture slides and any additional notes.

Assessments
Test 1: 30th August - 20 Multiple Choice Questions: weighting- 20% towards course mark

Test 2: 18th October - 20 Multiple Choice Questions: weighting- 20% towards course mark

Tutorial Tests: 10 weekly tutorial tests consisting 5 Multiple Choice Questions. The Final Tutorial Mark will be calculated as the average of 5 randomly chosen tutorials out of the 9 submissions: weighting-20% towards course mark

Final Assessment: Date to be determined by EGO: 40 Multiple Choice Questions: weighting-40% towards course mark

NOTE: There is no Sub-Minimum for this course.

Enjoy the course!!