Economics for South African Students (eBook)

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(eBook)