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

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

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

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

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

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.

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.

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 is of chapter 16, Government and Market Failures, as set out in the EKN120 textbook "Economics, a Southern African Context".

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

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

This summary is of chapter 16, Government and Market Failures, 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.

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