Page 36 - Demo

Business CATALOGUE 2025|2026 352nd Edition Macroeconomics A SOUTHERN AFRICAN PERSPECTIVE Matthew Kofi Ocran Macroeconomics A SOUTHERN AFRICAN PERSPECTIVEMatthew Kofi Ocran2ND EDITIONPERFORMANCE GROWTH INCOMEAFRICA RECOVERYBANKINGMONETARY TAXATION$%u00a5%GROWTH%u00a3INCOMEMONETARY@ <<< VALUATION>>>ECONOMYSTRATEGYMICROECONOMICSMARKET $ PROFITABLEDEFICITASIA POLICY RECOVERY VALUATIONGLOBAL CONSUMERCAPITAL GOLDREPO RATESSOUTHAFRICANRANDCOMPETITION%u00a3PROFITABLE INTEREST YENREGIONAL %u20ac%u2022 OUTPUT %u2022 UNEMPLOYMENT %u2022 INFLATION %u2013 How do they really affect the economy? The answer to this and other questions around the economy, as well as the theories that support these important economic issues, are explained in Macroeconomics %u2013 a southern African perspective. This book provides a comprehensive view of macroeconomic theory, theories of economic growth and how economic performance is affected by this growth.This second edition now has activities and self-evaluation exercises at the end of each chapter to improve readability and to aid the ff ow of discussion. Feedback to these activities and exercises is given at the end of the book. The text is structured so that each of the topics can be covered conveniently in a one-semester module. In instances where both microeconomics and macroeconomics need to be taught within a semester, a selection of topics from this book and its companion, Microeconomics %u2013 a southern African perspective, may be selected by the instructor. Macroeconomics %u2013 a southern African perspective 2nd Edition is aimed at fi rst-year university and college students studying Commerce, Finance, Banking and Education. It may also be useful to students studying Economics for the fi rst time as part of an undergraduate programme as well as MBA degrees. ABOUT THE AUTHOR:MATTHEW KOFI OCRAN is a professor of Economics and Head of the Department of Economics at the University of the Western Cape, Cape Town. He has taught various courses in Economics at undergraduate and postgraduate levels. He has also published in a number of local and international journals. www.jutaacademic.co.za ASIA BANKINGMONETARY$ %u00a5@STRATEGYMICROECONOMICS$ AFRICAGLOBAL TAXATIOIN MARKET GOLDCAPITALREPO RATES AFRICANRANDCOMPETITION PROFITABLE INTEREST YENREGIONAL<<<< %u20acMARKET978 1 48511 582 3 ZAR R419.00978 1 48512 253 1 ZAR R378.002nd EDITION 2017 Ed200 PAGESSUPPORT MATERIALMacroeconomics A Southern African Perspective M OCRANThe book provides a thorough but concise exposure to macroeconomics to post-school students as well as those studying economics for the first time. Following an introduction that gives an overview of macroeconomics as well as a brief discussion of the main macroeconomic problems that societies face, the book then looks at national income accounting and economic performance. The book looks at the unemployment problem. There is also a discussion of aggregate supply and demand theory, and the role of that theory in explaining the determinants of aggregate economic output and employment. The problem of inflation is also discussed. The reality that the economies of most countries are interconnected with that of the rest of the world is discussed under open economy. The book then discusses economic growth in both the short and the long run. CONTENTS%u2022 Introduction to macroeconomics %u2022 National income accounting and economic performance%u2022 Labour market and the problem of unemployment %u2022 Aggregate demand and aggregate supply%u2022 Money, prices and the problem of inflation %u2022 Open macroeconomy: International trade, exchange rate and the balance of payment %u2022 Economic growth in the short run %u2022 Economic growth in the long run%u2022 Managing the assets of a bank %u2022 Managing the capital of a bank %u2022 Banks and capital adequacyKEY FEATURES%u2022 An extensive re-working of the old text and simplification of the material in the old book%u2022 Economic growth presented in a fresh way%u2022 Highlights economic growth variability in the short run and the relationship between long-run growth in income per person and economic development%u2022 Includes relevant examples from South Africa.SUITABLE FORUndergraduate students studying Economics for the first time, academics and managers.