Samenvattingen EBOOK: Economics: A Southern African Context, 3e

This summary includes everything you need to know about EKN 110 (the book that was used for the summaries is “Economics, a southern african context” third edition) The summary includes all the work you need for semester 1. In has the context of chapter 1-10

Content covered: - Role players in economy. - Circular flow diagram. - Societies economizing problem. - Production possibilities curve.

An in depth summary of the relevant chapters and content relating to chapters 16 to 20 of EKN120.

A summary of chapter 15 of the EKN120 work. This includes macroeconomic objectives,Economic growth, the business cycle and unemployment

In this chapter of the document, you will learn: • The definition of economics and the features of the economic perspective. • The role of economic theory in economics. • Rational behavior and The Marginal Analysis. • The distinction between microeconomics and macroeconomics. • The distinction between positive and normative statements.

Key areas covered: - Keynes Aggregate Expenditure Model - Mathematical calculations and graphs. - MPC & MPS. - Exogenous consumption & spending. - GDP. - Multiplier effect.

A summary of the work done in chapter 13 of EKN 120. This covers the basic macroeconomic knowledge and principles. Such as GDP, the multipliers, and the different approaches to calculating GDP

This summary covers chapter 17, Fiscal Policy and Economics of Taxation, as set out in the EKN120 textbook "Economics, a Southern African Context"

Content covered: - National income accounting. - GPD vs GNI. - Different types of GDP. - Expenditure approach. - Income approach. - Other national accounts.

Pink aesthetic notes covering chapter 11 of EKN120, The South African Economy, Circular Flows and Economic Limitations.

An in depth summary of the relevant chapters and content relating to chapters 16 to 20 of EKN120.

This summary includes everything you need to know about EKN 110 (the book that was used for the summaries is “Economics, a southern african context” third edition) The summary includes all the work you need for semester 1. In has the context of chapter 1-10

A detailed summary of chapters 4 to 7 covered in EKN110

A basic summary of the important concepts of the first 3 chapters covered in EKN110

These notes are an in-depth summary of Chapter 4 in the textbook: Economics: A Southern African Context, 3e. In these notes the cost of production is explained in great detail including the explicit and implicit costs as well as short and long run costs. Fixed and variable costs are also covered as well as economies of scale. Many pictures and diagrams are included to make the notes easy to understand .

These notes are an in-depth summary of Chapter 5 from the textbook: Economics: A Southern African Context, 3e. These notes explain the very important concept of demand and supply in economics. Many diagrams are included to show the changes in demand and supply. Consumer and Producer surplus is also explained in these notes as well as government set prices .

This is an in depth summary of Chapter 2 in the textbook: Economics: A Southern African Context, 3e . These notes describe and explain the different economic systems and how they work. It is in an easy to understand layout and includes a side by side comparison of each system. The five fundamental questions of the market system are also included.

These notes are an in depth summary of Chapter 3 in the textbook: Economics: A Southern African Context, 3e. The concept of utility is explained as well as the two types of utility (Cardinal and Ordinal). These detailed notes include theory, diagrams as well as practical examples of how to answer questions step by step.

These notes are an in-depth summary of Chapter 9 in the textbook:nEconomics: A Southern African Context, 3e. These notes give a detailed explanation of a purely competitive labour market and economic effects of unions. It also includes theory on anti discrimination policies, labour, wages and earnings as well as minimum wage controversy in an easy to understand format.