Module credits20.00Service modulesFaculty of Engineering, Built Environment and Information TechnologyFaculty of EducationFaculty of HumanitiesFaculty of Natural and Agricultural SciencesPrerequisitesEKN 214, EKN 234 or EKN 224, EKN 244Contact time1 discussion class per week, 2 lectures per weekLanguage of tuitionAfrikaans and English are used in one classDepartmentEconomicsPeriod of presentationSemester 1Economics 314 (EKN 314)Module content:International trade/financeInternational economic insight is provided into international economic relations and history, theory ofinternational trade, international capital movements, international trade politics, economic and customs unionsand other forms or regional cooperation and integration, international monetary relations, foreign exchangemarkets, exchange rate issues and the balance of payments, as well as open economy macroeconomic issues.Module credits20.00Service modulesFaculty of Natural and Agricultural SciencesPrerequisitesEKN 234, EKN 244Contact time3 lectures per week
University of Pretoria Yearbook 2018 | | 09:51:12 18/03/2019 | Page 26 of 32Language of tuitionModule is presented in EnglishDepartmentEconomicsPeriod of presentationSemester 1Economics 320 (EKN 320)Module content:Economic analysesIdentification, collection and interpretation process of relevant economic data; the national accounts (i.e. incomeand production accounts, the national financial account, the balance of payments and input-output tables);economic growth; inflation; employment, unemployment, wages, productivity and income distribution; businesscycles; financial indicators; fiscal indicators; social indicators; international comparisons; relationships betweeneconomic time series - regression analysis; long-term future studies and scenario analysis; overall assessment ofthe South African economy from 1994 onwards.Module credits20.00Service modulesFaculty of Engineering, Built Environment and Information TechnologyFaculty of EducationFaculty of HumanitiesFaculty of Natural and Agricultural SciencesPrerequisitesEKN 310 GSContact time1 discussion class per week, 2 lectures per weekLanguage of tuitionAfrikaans and English are used in one classDepartmentEconomicsPeriod of presentationSemester 2Economics 325 (EKN 325)Module content:Economic policy and development: Capita selectThe course provides an introduction to growth economics and also to some topics on development economics.Firstly, historical evidence is covered and then the canonical Solow growth model and some of its empiricalapplications (human capital and convergence). Secondly, the new growth theory (the AK and the Romer modelsof endogenous growth) are covered. Some of the development topics to be covered include technology transfer,social infrastructure and natural resources.