Economic Principles


SKU: FPI-21060080 Category:


FPI Approval No: FPI 21060080
FPI 2 CPD points

Economics can be described as a social science concerned with the production, distribution and consumption of goods and services. It studies how individuals, businesses, governments and nations make choices on allocating resources to satisfy their wants and needs and tries to determine how these groups should organize and coordinate efforts to achieve maximum output. There are many branches to economics – the two primary branches being macroeconomics and microeconomics.

Course overview:
Macro-Economic Principles:
• The Business Cycle
• Unemployment
• Grouping of economic indicators
• Supply and Demand
• Inflation
• Key Interest Rates in South Africa
• The SA Reserve Bank and Interest Rates
• Important South African Economic Indicators
• Monetary Policy
• Fiscal Policy


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