ECS1102 Introductory macroeconomics
Faculty of Business and Economics
ECS1102 Introductory macroeconomics is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2021 in Summer B at South Africa. It has no prerequisites and unlocks 1 unit, leading on to 4 units in all.
- Credit points
- 6
- Offered in 2021
- Summer B
- South Africa
- Assessment
- Exam 60%
- and 2 other tasks
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for ECS1102. This is its 2021 entry, the latest one.
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Requisites
Before ECS1102
Prohibitions
You can't enrol if you have passed any of these.
After ECS1102
1 unit list ECS1102 as a prerequisite or corequisite.
Equivalent units
The same content under another code. Only one of them counts.
Overview
An introduction to the study of economics from a macroeconomic perspective including the following areas of study: trade in a global village, GDP as National Income and Aggregate Expenditure, savings and investment, unemployment, money and the South African monetary system, aggregate demand and supply in the short and long run, monetary and fiscal policy, including the related debates in South Africa as an open economy and as a major economy in Africa.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| Summer semester B | South Africa | Block on |
Assessment
- Semester Test 120%
- Semester Test 220%
- Final ExaminationThreshold hurdle60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
gain an insight into the product, money, labour and foreign exchange markets
- 2
develop skills in the application of economic principles to wider social issues
- 3
gain knowledge and understanding of the South African and African economies and their operation in an international environment
- 4
acquire the basis for more advanced studies in economics
- 5
demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered.
Workload and teaching
- Lectures24 hours
- Tutorials12 hours
- Teaching approachActive learning
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.
The unit will include lectures, tutorials, video and audio presentations on Moodle. The ECS1102 Moodle site will provide weekly information to students as well as access to the subject discussion board.
Learning resources
Required resources
Gans, J., King, S., Stonecash, R. & Mankiw, N.G. (2015). Principles of Economics, 7th edition, Cengage Learning Australia Pty Ltd.
Contacts
- Chief Examiners
- Ms Cynthia Bedwei-Majdoub
Common questions
What are the prerequisites for ECS1102?
ECS1102 has no prerequisites.
What can I take after ECS1102?
ECS1102 is a prerequisite or corequisite for 1 unit, including ECS2730. Those lead on to 4 units in all.
When is ECS1102 offered?
In 2021, ECS1102 runs in Summer B at South Africa.
How much work is ECS1102?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECS1102 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 2 other tasks.
More details
- Credit points
- 6
- Level
- 1
- Study level
- Undergraduate
- Faculty
- Faculty of Business and Economics
- Organisational unit
- Department of Economics
- Type
- Coursework
- EFTSL
- 0.125
- Student contribution
- SCA Band 4
- Study abroad
- Not available
- Handbook years
- 20202021