Economics 120 : This module deals with the core principles of economics, especially macroeconomic measurement. The private and public sectors of the South African economy receive attention, while basic macroeconomic relationships and the measurement of domestic output and national income are discussed. Aggregate demand and supply analysis stands core to this course which is also used to introduce students to the analysis of economic growth, unemployment and inflation. The microeconomics of government is addressed in a separate section, followed by a section on international economics, focusing on international trade, exchange rates and the balance of payments. The economics of developing countries and South Africa in the global economy conclude the course.
 
An extension of EKN110, this module requires thoughtful studying and knowledge of all necessary concepts. It is a difficult module with a lot of theory to cover. It is of critical importance to know how to apply knowledge to real life examples. Go through past papers and additional resources as well as exercises provided within the required textbook.