Economics University of Pretoria

Overview

The core modules for specialisation in economics are economics and statistics, although mathematics is also an important component. In the first year of study students become thoroughly acquainted with the principles of economics with special emphasis on the South African economy and its challenges. Students are also introduced to economic theories and concepts and the basic instruments of macro- and microeconomics. 

In the second year of study the focus is on intermediate economic theory focusing on both microeconomics and macroeconomics. In the third year of study modern economic analysis is emphasised while particular attention is paid to public policy, international trade, economic analysis and growth and development. The latter is the central economic policy challenge in Africa and South Africa in particular. 

Graduates of the Economics programme from University of Pretoria are primarily employed as analysts, consultants, researchers or traders in either the private or public sectors. The government, the South African Reserve Bank, private and commercial banks and leading local and international stockbrokers and consultancies commonly employ graduates in economics. Students are strongly advised to proceed with postgraduate studies.

Economics entails an understanding of how the world works through concepts such as: growth in production (output); money, prices and inflation; international trade; unemployment; inequality and social infrastructure.

Career Opportunities

Economists may specialise in banking, public finance, international trade and investment or economic development. They are employed by the government, the central bank, private and commercial banks, stock brokerage firms and consultancies, both locally and internationally. Positions include analysts, consultants, researchers, traders and academics.