Business and Economic Sciences- BES

Economics

Introduction to Economic Principles

BED1310

Miss Z. Daki

1&2
Table of Contents
1
1 INTRODUCTION......................................................................................................................3
1.1 Welcome...........................................................................................................................3
1.2 Educational approach.......................................................................................................3
1.3 Responsibilities of the student..........................................................................................4
2 ADMINISTRATIVE INFORMATION.........................................................................................4
2.1 Contact details..................................................................................................................4
3 MODULE INFORMATION........................................................................................................5
3.1 Module Description and Purpose:....................................................................................5
3.2 The students are expected to/ Assumed Knowledge and Skills:.....................................5
3.3 Credit Map and Notional Hours........................................................................................6
3.4 Articulation with other modules in the programme...........................................................6
3.5 Module Outcomes............................................................................................................6
3.6 Module structure/Content:......................................................................................................8
4. PROFESSIONAL BODY REQUIREMENTS............................................................................9
5.TEACHING & LEARNING DETAILS.......................................................................................10
5.1 Overview of Learning Activities............................................................................................10
6.LEARNING RESOURCES......................................................................................................10
7.ASSESSMENT GUIDELINES.................................................................................................11
7.1 Assessment plan/ Matrix......................................................................................................11
7.2 Assessment Policy...............................................................................................................12
8. REFERENCING STYLE........................................................................................................12
9.INFORMATION ABOUT TURNITIN........................................................................................13
10. SUPPORT SERVICES & RESOURCES.............................................................................13
10.1 The Library.........................................................................................................................13
10.2 Emthonjeni - Fountain of Student Wellness.................................................................13
11.GLOSSARY OF TERMS.......................................................................................................15

2
1. INTRODUCTION
1.1. Welcome

Dear Student

Welcome to BED1310, specifically, welcome to the Introduction to Economic Principles

module. I trust this year of study will be one filled with amazing experiences that will
ultimately end in your graduation with a Diploma in Public Management. Introduction to
Economic Principles is a fascinating study, this module is intended for students who need to
understand the basic principles of Economics and how the various economic variables
impact on any organisation’s viability and operations.

1.2. Purpose of the module

This module is intended for students who need to understand the basic principles of
economics and how the various economic variables impact on any organisation’s viability
and operations.

1.3. Educational approach

We embrace the constructivist approach to teaching and learning. The concepts of active
learning and collaboration are central to our philosophy of education. These are behaviours
we seek to model every day in my interactions with students. As lecturers, we most enjoy
teaching in the setting of real-world, emphasizing decision-making, self-reflection, and
interpersonal relationships in a meaningful context. We believe in collaboration, not
competition among the students and members of my team.

As a student in this module, we expect you to come to lectures fully prepared and ready to
contribute to class discussions. There are several learning activities and resources that are
placed on Moodle, please ensure that it is active.

1.4. Responsibilities of the student

To succeed in this module, as a student, take note of the following responsibilities:

 To get the most benefit from this module you will need to come to class prepared-
read ahead, read various material that is provided via Moodle Site, read textbook,
follow current affairs such as Budget Speech, Monetary Policy Statement.
 Class attendance for this module is compulsory, and you must attend with your
allocated group- do not attend in another group.
 To communicate timeously and to provide supporting information where applicable.
 Assignments must be submitted on time. Submission dates are clearly stipulated.

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  Submit leave of absence accompanied by appropriate supporting documentation
within prescribed timeframes.
 Honour the University values
 Please refer to General Prospectus 2023 and Faculty Prospectus 2023 for general
rules and regulations.

2.ADMINISTRATIVE INFORMATION

You need to set up your Mandela University email address. All communication other than in
class and this module guide will be through your Mandela University email address as well
as on Moodle Site (see later in this guide what is Moodle site and how to access the site). If
you do not use that address, you will not receive notifications for this module.

2.1Contact details
Building
Telephon Consulting
Name and room Email address
e number hours
number

Admin
Ms Z. zintle.sikhunyana@mandela.ac.z Make an
Module Block, 041 504
Sikhunyan a appointmen
coordinator Office 1541
a t
132

Lecturer Ms Z. Daki zizipho.daki@mandela.ac.za

Nadeema Embizwen 504 2802

Departmenta
Azem i Building,
l South
Camps –
administrator
Room 055

Mandie Embizwen 504 4608

Muller i Building,
South
Camps –
Room 053

Noxolo Embizwen 504 2855

Mngonyama i Building,
South
Camps –
Room 054

To be
Tutor
Announced

4
 Ms. s219120331@mandela.ac.za Make
Academic
Vanessa appointmen
advisor
Mapholi t

Other

Your first contact is the lecturer (not the coordinator). Emails are answered as soon as
possible. The Department of Economics requests you to please observe etiquette in all
communication, giving respect to lecturers, fellow students, administrative staff, and the
wider university community. A reasonable time frame (after the first two weeks of lectures
have concluded) for an answer would be ONE to TWO working days during term-time or
THREE to FIVE days during recess (assuming your lecturer is not on leave). If you email on
a Friday afternoon or over the weekend, please wait until at least Tuesday afternoon before
reaching out again. Always include your module code (BED1310), and name of programme
(Introduction to Economic Principles) in all correspondences.

You have an opportunity to meet on one-on-one with your lecturer, soon after the lecturer or
by appointment. Consultation hours are times when you can meet with your lecturer to
discuss the material being presented in class or other related interests you have. Course-
related discussions include asking for extra help, seeking clarification of material presented
in class and following up on aspects of the class you find compelling. Lecturers often expect
students to “drive” these meetings with their questions and their thoughts. A good way to
prepare for consultation hours is to attempt your homework and review your notes from class
and identify as clearly as you can what you do not understand. Students cannot expect the
lecturer to explain the work if they did not attend the scheduled classes.

Lecturer Day Consultation Times

Ms. Zintle Mondays and Thursday Monday: 11:45-13:00
Sikhunyana *Make an appointment Thursday: 11:45-13:00

Academic Advisor
Name: Ms. Vanessa Mapholi

The Economics Department academic advisor, Ms. Mapholi assists lecturers in identifying
and assisting students with their academic and developmental needs. This is done by
providing students with appropriate information. Support in the form of mentoring, skills
development and career pathway planning is also provided.

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Ms. Mapholi will put you into contact with resources, such as workshops and tutorials, that
are designed to help you reach your educational and / or career goals. She is also able to
offer advice regarding procedures and policies to follow should you wish to make academic
changes.

Benefits of attending academic advising sessions include having a higher probability of

passing most of one’s modules; feeling more supported by the university, being more aware
of the skills that are being developed both within and outside class and having positive peer
interactions and student-lecturer relationships (UFS - SASSE, 2018).

How to make an appointment: via email: s219120331@mandela.ac.za

Student Responsibilities when contacting Academic advisor:

 As far as possible, try to set an appointment in advance with the academic advisor.
While you are welcome to send the academic advisor an email during her
consultation hours, there is no guarantee that she will be able to see you.
 Be on time for your appointment (via Microsoft Teams) and remember to cancel if
you cannot make it.
 Come prepared by thinking about questions/concerns you would like to discuss and
complete any questionnaires the academic advisor may ask you to complete in
preparation for the session.
 Take responsibility for making your own educational plans and decisions, and for
completing tasks that may be set out after the advising session.
 Monitor your own progress and ask for help when you need it.

Advisor Responsibilities:

a. To help students define and develop realistic educational plans.

b. Connect students to useful resources and other advisors to advance their
educational plan.
c. Provide accurate information to help students navigate the university system.
d. To monitor and track student progress.

The Department of Economics would like to encourage you to regularly visit the Academic
Advisor’s Moodle site https://learn.mandela.ac.za/course/view.php?id=7607 The site has
resources that may assist you should you have queries related to:

e. Academic literacy
f. Faculty administration documents
g. Financial aid
h. General information
i. Goal setting

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 j. Multilingualism
k. Orientation
l. Study skills or
m. Time management.

Class Representative

Acting as a representative can be a rewarding activity: taking an active interest in course and
curriculum design and teaching and study methods can help improve one’s understanding of
Economics as well as help develop a variety of skills, such as communication, leadership,
and negotiation skills.
Note:
n. Class representatives are chosen during the first week of lectures. The names
and email addresses of class representatives will be posted on the Moodle site.
o. All students are encouraged to channel ideas and suggestions for the module
through their class representatives.

3.MODULE INFORMATION
3.1Module Description and Purpose:
This module is intended for students who need to understand the basic principles of
Economics and how the various economic variables impact on any organisation’s viability
and operations. The purpose of the module is to introduce the student to a broad range of
fundamental concepts, principles, and applications in the field of Economics in a market-
oriented economy. The student will commence an analysis of the behaviour of firms by
studying perfect competition. Emphasis will be placed on analysing the decisions of an
individual firm operating under conditions of perfect competition. Furthermore, students will
analyse the equilibrium of a perfectly competitive industry.

3.2The students are expected to/ Assumed Knowledge and Skills:

As a student, you are expected to have:

 Basic Knowledge and understanding of the South African economy.

 The ability to articulate information coherently.
 Passion for Economics and the commitment to continued personal and professional
development.
 The ability to read and comprehend.
 The ability to draw graphs and work with numbers.

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3.3 Credit Map and Notional Hours
This module is set at NQF level 6 and is equivalent to 12 NQF credits. (Indicate the duration of
the module, learning activities and assessments)

LEARNING ACTIVITIES & ASSESSMENTS HOURS

Lectures- 2 hours per week 14
Tutorials – 30 minutes per week
Private study and pre-reading – 2.5 hours per week
TOTAL NOTIONAL LEARNING HOURS

The lecturer on this module believes that Education should be student centred. According to
Brown (2008), basically says that “student-centred instruction is when the planning,
teaching, and assessment revolve around the needs and abilities of the students”.
Irrespective of differences in developmental levels, students in this module are exposed to
the same content in the same period and as an educator it is my role is to accelerate growth
by using the interests and unique needs of you students as a guide for meaningful
instruction. Becky (1999) further elaborates that “students develop analytic skills that can be
applied to other problems and situations, rather than accept their teachers’ explanation”.
This method gives you students the chance to use your abilities and experiences to solve
problems and find new ways of learning. The main purpose of Economics modules is thus to
enable students to apply the economic way of thinking. To develop this set of skills the
following process will have to be followed:
 A team approach.

Lectures will incorporate PowerPoint technology. Selected PowerPoint presentations will be

available on the https://learn.mandela.ac.za/course/view.php?id=8431
site.

Lectures help to guide your thought process, clarify common misunderstandings, clarify
concepts, suggest different interpretations, and stimulate your thinking to build a critical
interest in the subject. It should, however, be noted that lectures are not intended to provide
you with all the information you need, or to summarise the textbook. PowerPoint slides act
as pointers to the study material, they do not contain the study material. It has also been
found that lectures are most effective when you are alert and mentally active. To enhance
your learning take good notes: this involves following your lecture with a critical eye and
asking yourself questions, not just mindlessly copying down what the lecturer says.

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Reading /studying the assigned reading before a lecture also contributes to the success of a
session. We also believe that student participation is vital. Feel free to ask questions at any
time during the class, taking into consideration time constraints.

 Tutorials

As mentioned above that Tutorial sessions will be conducted online and face-face with
experienced and trained senior students. The session links will be shared via your student
email. It is compulsory for you to attend these sessions. Tutorial sessions will commence in
the second week of lectures. While some tutorials are designed to extend the range of
material covered in the lectures by giving you an opportunity to discuss the application of
economic analysis to a wide variety of practical problems most tutorials will be based on
problem sets. These problem sets are intended to be challenging and get you to think and
develop your own solution, enabling you to develop your understanding. Please note that
George Campus only students will have online tutorial session.

DIRECT LINK TO TEAMS

https://teams.microsoft.com/_?culture=en-za&country=za

 Private study
According to the current course structure it is advisable that you allocate at least 30
minutes of your private study time to preparing for your next Introduction to
Microeconomics lecture. This preparation could include checking the course outline to see
what topic will be dealt with in the upcoming lecture and to then complete the relevant
reading assignment. Furthermore, it would be advisable to review the notes that you had
made during the previous lecture. You are further advised to spend at least 1½ hours
after each lecture reviewing your lecture notes.

Cooperative studying

Learning can be enhanced by sharing ideas and views with other students, both in the
classroom and outside it. For instance, a good way to understand a topic better is to explain
it in as clear a way as possible. This can help reveal any gaps in your knowledge and
understanding of the topic. Furthermore, by exchanging ideas with students who have
heterogeneous backgrounds, qualifications, and future aspirations, you can see things from
a variety of perspectives, allowing you to develop a broader, more detailed understanding of

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the subject. Teamwork skills are also developed through cooperative studying. Such skills
are highly valued by employers.
We thus encourage you to:
p. try to find a classmate who can assist you if you are having problems
understanding a problem or reading material, and provide help to others if you
are able; and
q. ask and answer questions in the classroom if you need any clarity in any concept,
you might not be sure of.

3.4 Articulation with other modules in the programme

PRE- REQUISITE MODULES:

N/A.

PROGRESSION:

Enquire on Progression, please make sure you contact your respective faculty officers.

Position within the programme:

This module is a first-year module that is offered during the first and second semester of the
programme. It forms part of Diploma in Public Management (Extended) program.

3.5 Module Outcomes

Upon successful completion of this module, you should be able to:

 The student will be introduced to economics and the economic way of thinking.
 The student be able to describe the three central economic questions – what, how,
and for whom. These three questions will be used to introduce a number of concepts,
distinctions, factors of production, economic systems and ideas of famous
economists.
 The student will be introduced to the interdependence that exists between the major
sectors, markets and flows in a mixed economy.
 The student will be introduced to the fundamental microeconomic analysis of markets
by focusing on demand, supply and the determination of market equilibrium.
 The student will use demand and supply to analyse certain situations in the
economy. Emphasis is placed on predicting what will happen if something changes.
Furthermore, the impact of government intervention is also examined.
 The student will be able to explain the meaning and significance of various elasticity
concepts.
 The student will be introduced to the theory of consumer behaviour.
 The student will examine firms’ decisions about how many units of a good or service
to supply at each price. This chapter also introduces the basic concepts of production
and costs.

10
  The student will commence an analysis of the behaviour of firms by studying perfect
competition.
 Emphasis will be placed on analysing the decisions of an individual firm operating
under conditions of perfect competition. Furthermore, students will analyse the
equilibrium of a perfectly competitive industry.

3.6 Module structure/Content:

 The study of the economic problem and how it is manifested in the different
participants in the economy.
 Different ways in which societies can solve the economic problem through economic
systems.
 Market demand and supply, price determination and equilibrium in the market.
 All related aspects regarding the price elasticity of demand, income elasticity and cross
elasticity of demand.
 Consumer equilibrium – using the utility approach.
 Consumer equilibrium – using the indifference approach.
 Concepts regarding the production function of a producer as well as different costs of
the producer over the short and long term.
 Revenue concepts and the profit maximisation in a perfect competitive market.

3.6 Module structure/Content:

This module is intended for students who need to understand the basic principles of
Economics and how the various economic variables impact on any organisation’s viability
and operations. Lectures will take place twice a week, Mondays (double lecture) from 10:25
until 11:35 at 2nd Avenue campus, building 411 room 0105. On Wednesdays (double lecture)
from 10:25 until 11:35 at 2nd Avenue campus building 411 room 0011.

The following are the core content of this course:

 Introduction to Economic Principles.

Teaching/Presentation Plan
Week Coverage
beginning
on _ &
ending on
_
20-24 Introduction & Chapter 1: What Economics is all about
February
27Feb- 03
March
06 Feb-10 Chapter 2: Economic Systems

11
March
13-17 Chapter 3: Production, Income and Spending in the Mixed Economy
March
17 March Tutorial Test 1 (Chapters 1, & 2) 10 multiple choice questions online via the
learn@mandela.ac.za site. Tutorial Test 1 will open at 08:00 on Friday, 17 March and the test
closes at 23:59 on Friday, 17 March. Ensure that you are in a venue where the internet
connection is unlikely to be disrupted and that you have checked the load shedding schedule.)
20-24 Chapter 4: Demand, Supply and Prices
March
21 March Public Holiday

24 SEMESTER TEST 1 (Chapter 1, 2, & 3).

March
Section A: 10 multiple choice questions (will be written
on Moodle site)
Section B: 10 marks of true/false questions
Section C: 20 marks long questions (face to face
assessment)
27- 31 Chapter 5: Demand and Supply in Action
March
Only section 5.5: Government Intervention
31 March Supplementary Semester Test 1 (Chapter 1 – 3)

03-07 April Chapter 6: Elasticity

07 April Tutorial test 2: chapter 4 & 5, will consist of 10 multiple choice questions online via the
learn@mandela.ac.za site. Tutorial Test 2 will open at 08:00 on Friday, 07 April and the test
closes at 23:59 on Friday same day. Ensure that you are in a venue where the internet
connection is unlikely to be disrupted and that you have checked the load shedding schedule.)
17- 21 April Chapter 7: The theory of Demand: The Utility Approach

21 April SEMESTER TEST 2 (Chapter 4, 5 & 6).

Section A: 10 multiple choice questions (this section will be written on Moodle)
Section B:10 marks of true/false questions
Section C: 20 marks long questions
28 April Supplementary Semester Test 2 (Chapter 4 ,5 & 6)

24-28 April Chapter 8: The theory of demand: the indifference approach

01 May Public Holiday
01-05 May Chapter 9: Background to supply: production and cost

05 May Tutorial Test 3 (Chapters 7 and 8). 10 multiple choice questions & 10 true / false questions –
online via the learn@mandela.ac.za site. Tutorial Test 3 will open at 8:00am on Friday, 05 May.
The test closes at 23:59 on Friday, 05 May. Ensure that you are in a venue where the internet
connection is unlikely to be disrupted and that you have checked the load shedding schedule.)
08-12 May Chapter 10: Market structure 1: Overview and perfect competition

Section:
10.1
10.2
10.3
10.4
10.8
19 May SEMESTER TEST 3 (Chapter 7, 8, & 9).
Section A:10 multiple choice questions (This section will be written online)
Section B:10 marks of true/false questions
Section C: 20 marks long questions

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 26 May Supplementary test 3

15-19 May Chapter 11: Market structure 2: monopoly and imperfect competition

Section
11.1
Definition of monopoly
Price discrimination
11.4 (only theory, no graphs)
02 June SEMESTER TEST 4 (Chapter 10 & 11).
Section A:10 multiple choice questions (This section will be written online)
Section B:10 marks of true/false questions
Section C: 20 marks long questions
09 June Supplementary test 4
To be Last Day of Lectures
confirmed

Note: all dates are subject to change

4. PROFESSIONAL BODY REQUIREMENTS

Not applicable for this module.

5.TEACHING & LEARNING DETAILS

5.1 Overview of Learning Activities

Your learning in this course will involve a range of activities including contact lectures, small
class activities, individual tasks, tutorials, collaborative group work, discussion, and
individual reflection. To successfully complete this module, you will need to engage in these
activities by being proactive and be self-directed in your learning.

Offering Type: In person, contact sessions – see timetable below.

5.2 Learning Activities Timetable

Term 1 (2023) Timetable For Module: INTRODUCTION TO ECONOMIC

PRINCIPLES (BED1310)

L = Lecture, T = Tutorial, P = Practical, SI Hover over   to get building name,

= Supplementary Instruction click to show map
number eg. 222_1_0101 A_01 : 222 = Click on venue to see venue timetable
building, 1 = floor, 0101 = room ; A = class
group, 01 = offering type

Period Time Mon Tue Wed Thu Fri Sat

         
2nd Avenue Campus

13
 5 10:25 L  411_1_0105 1_08    L  411_0_0011 1_08       
-
11:00
6 11:00 L  411_1_0105 1_08    L  411_0_0011 1_08       
-
11:35

Disclaimer : All reasonable steps have been taken to ensure that the information contained on the timetable/ad hoc
booking displays are accurate at the date it was published. Nelson Mandela University reserves the right to make
changes to the details as published. In light of the COVID pandemic information around lectures and timetabling for
2023 will only be communicated closer to the start of the 2023 Academic year on 15 March.

6.LEARNING RESOURCES

PRESCRIBED TEXTBOOK

Mohr, P. and Associates. 2015. Economics for South African students. 5th edition.
Pretoria: Van Schaik.
And
Van Walbeek, C., Krugell, W. and Samouilhan, N. 2008. South African Workbook for
Economics. Pretoria: Van Schaik.

New textbooks can be purchased either from the Van Schaik’s Bookstore or from Rehab.
Provider Operating Hours Telephone Email
Number
Rehab Books – South Campus Main Mon – Thurs: 08:00 – 041 504 4865 Rehab.books@gmail.com
Cafeteria 17:30
There is also a shop next to the Auditorium Fri: 08:00 – 16:00
at 2nd Avenue Sat: 09:00 – 12:30
Van Schaik’s 2nd Avenue – Ground Floor, Mon – Fri: 08:30 – 041 504 3752 vspe@vanschaik.com or
030 16:00 elmarie.killian@vanschaik.com
Van Schaik’s Summerstrand – Student Mon – Fri: 08:30 – 041 583 3171 vspe@vanschaik.com
Village (University Way) 17:00
Sat: 08:30 – 12:30
Note:
Rehab Books offers students the opportunity to obtain a Rehab discount card. Students
who sign up for the Rehab discount programme will have a sticker placed at the back of
their student card. Such students must then produce their student cards when purchasing
books from Rehab Books. Students who have signed up for the Rehab discount
programme generally are entitled to a discount of between 7% to 10%. (Please note that
the discount is subject to change without notice).

RECOMMENDED TEXTBOOK

Dyubhele, N., Guzana, Z., Duze, N. and Mkonto, B. 2007. Isigama Sezoqoqosho /
Economic terms and concepts made simple. 1st edition. Pretoria: Van Schaik.

Comprehension of the Economics profession’s peculiar terminology is especially difficult for

English second language speakers. This dictionary gives simple, easy-to-understand
definitions for common economic concepts, listing Xhosa equivalents to English terms.

14
 7.ASSESSMENT GUIDELINES
Students need to write TWO tutorial and TWO semester tests per semester.

Test scripts will be made available in class. No results will be made available to any
student whose name does not appear on the class list. Students are therefore urged to
sort out all registration problems with the Faculty Administrators as soon as possible.

As mentioned above, students need to write TWO semester tests per semester. Should a
student fail to write any test due to circumstances beyond his / her control the student must
submit a written application to write the supplementary test, supported by documentary
evidence, to the lecturer no later than 3 working days after the test has been written. In
the case of illness, a medical certificate must be submitted. In the case of death in the
family, a certified copy of the death certificate must be submitted. In terms of the
University’s Policy “family” includes the following persons: the student’s spouse or life
partner or the student’s parents, brother, sister, adopted parents, grandparent, child,
adopted child, grandchild, or his / her legal spouse’s parents. Students taking part in any
recognised sport, cultural or other student activity at provincial level or higher on the date of
an assessment must also provide suitable documentary evidence (e.g. a letter from their
coach / manager) to the relevant lecturer.

A supplementary semester test covering ALL the work will be written by students who have
missed a (ONE) semester test for medical reasons (or any other circumstance officially
acknowledged in terms of University Policy). The supplementary test cannot be used to
improve a student’s mark for any of the scheduled semester tests, i.e. NO so-called
“make-up” semester test will be accommodated.

Applications for absence from tutorials (attendance and submission) and tests must
be made to the relevant lecturer no later than three (3) days after the evaluation.

Please note that the supplementary semester (or tutorial) test will be written by
students who have missed either the first test or the second. It should not be
assumed that if the first test has been missed, the second can be skipped because
permission has been granted to write the supplementary test. The supplementary test
mark will only be used for a test that the student has missed with an acceptable excuse.

6.3. Moodle site

You must visit this site regularly. It is a learning management system (LMS) where lecturer
materials like Slides/PowerPoint; videos, quizzes, Tutorials, Course Outline are accessible
through ought the year. To access the site, follow these steps:
Step 1
On the Nelson Mandela University’s Student Portal please click on “iLearn / Moodle”.

15
Step 2
Log in with your Nelson Mandela University username (student number) and password.
Please note that your student username is prefixed with an “s”.

This will take you to the list of Faculties and departments. Click on the Business and
Economic icon.

Step 3

16
After clicking on the Business and Economic icon you will be taken to a webpage that
displays several module categories. Click on the Department of Economics and

Economic History option.

Step 4
After clicking on the Department of Economics and Economic History option, the modules
which have Moodle sites are displayed. Click on ECO1001 (irrespective of whether you are
registered for BED1011/BED1211/BED1201/ECO1001/BED1501 or BED11x1.

17
This will take you to a page that will ask for an enrolment key.
Your enrolment key for this module is Micro2023 (Enrolment keys are case sensitive so
make sure you type it in exactly as specified)

Click Enrol me. You will only have to enrol once. By enrolling for the course, you are
registering to be part of the site. Next time you go to the BED1320 site you will be able to
enter directly without enrolment.

7.1 Assessment plan/ Matrix

Assessment type Assessment task About Due date Weight

Semester one

1 Tutorial Test 1 To be announced 17 March

2 Semester Test 1 To be announced 23 March

3 Tutorial Test 2 To be announced 04 April

5 Semester Test 2 To be announced 18 May

7.2 Assessment Policy

Modules, such as BED1310, that run on the continuous assessment system do not
have exam opportunities. In a continuous assessment module, you work towards a
final class mark. At the end of the year, your final class mark becomes your
achievement mark.

Your final class mark is determined in the following manner:

DP (Year) = Semester Test 1-4 + Tutorial Test 1-4 + Class Attendance

FIRST SEMESTER

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  Tutorial Test 1 _6%
 Semester Test 1 _8%
 Tutorial Test 2 _ 6%
 Semester Test 2_ 8%
 Tutorial test 3_6%
 Semester test 3_8%
 Tutorial test 4_6%
 Semester test 4_8%
ABSENCE FROM SEMESTER TESTS, TUTORIAL ASSIGNMENTS OR WEEKLY ASSESSMENTS
Semester tests
As mentioned above, you need to write TWO semester tests. Should you fail to write any
semester test due to circumstances beyond your control you must submit a written
application to write the supplementary test (i.e., the Aegrotat test), supported by
documentary evidence, to the course Lecturer no later than three working days after the
semester test has been written. (As such, to be excused from semester tests, an
‘Application to write the Aegrotat Test’ form must be completed and submitted to both
the co-ordinator and lecturer. (A copy of this form can be found at the end of the Course
Outline).

 In the case of illness, a medical certificate must be submitted. The medical certificate
must clearly indicate the nature of the illness and confirm that you were, according to
the clinical opinion of a medical practitioner, unfit to sit for the test on the day of the
test in question. (See https://www.mandela.ac.za/getmedia/f333ec98-5667-4094-
9a76-e052d9758eb3/General-Prospectus?disposition=attachment Rule G1.11.3.2).

 In the case of death in the family, a certified copy of the death certificate must be
submitted (see https://www.mandela.ac.za/getmedia/f333ec98-5667-4094-9a76-
e052d9758eb3/General-Prospectus?disposition=attachment Rule G1.11.4). In terms
of the University’s Policy “family” includes the following persons: a student’s spouse
or life partner or a student’s parents, brother, sister, adopted parents, grandparent,
child, adopted child, grandchild, or his / her legal spouse’s parents (see
https://www.mandela.ac.za/getmedia/f333ec98-5667-4094-9a76-e052d9758eb3/
General-Prospectus?disposition=attachment Rule G1.1.30).
 If you will be taking part in any recognised sport, cultural or other student activity at
provincial level or higher on the date of an assessment you must provide suitable
documentary evidence (e.g., a letter from their coach / manager) to the course co-
ordinator (see https://www.mandela.ac.za/getmedia/f333ec98-5667-4094-9a76-
e052d9758eb3/General-Prospectus?disposition=attachment Rules G1.11.5 –
G1.11.7).

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  If the application is on religious grounds or due to cultural practices or observances,
a letter from the relevant ordained religious leader or designated authority in charge
must be provided to the course co-ordinator.
If you miss a semester test without a valid reason you will be assigned a mark of zero.

You have THREE WORKING DAYS after the release of the respective semester test
marks to verify that your marks have been entered correctly. Any errors must be
brought to the lecturer attention within that period.
Tutorial assignments and tests
If you are absent from a tutorial assignment and tutorial test you will need to provide a
medical certificate, or other suitable evidence (see above) to explain your absence. Note:
there is no supplementary tutorial assignments as two assignments been scheduled, but
only the best mark will be used to calculate the tutorial assignment mark that will appear on
the ITS system.
Students who miss a tutorial assignment will be assigned a mark of zero (0).
A student has THREE WORKING DAYS after the release of the tutorial assignment
marks to verify that their marks have been entered correctly. Any errors must be
brought to the lecturer attention within that period of time.

PASSING THE MODULE

A student must obtain a final mark of at least 50% to pass the module. A student passes
the module with distinction if he / she attains a final mark of at least 75%.

Class Attendance and Punctuality

Students are encouraged to attend all lectures, as per the timetable. A student cannot
expect the lecturer to explain the work if he / she did not attend the scheduled classes.
Furthermore, students must adhere to the specified lecture times indicated on their
timetable, as late-comers distract the attention of fellow students and the instructor.

Tutorials

Tutorial sessions will be conducted online with experienced and trained senior students. The
session links will be shared. It is compulsory for you to attend these sessions. Tutorial
sessions will commence in the second week of lectures.

Each week’s tutorial session helps you to develop your understanding of the topic covered in
the lectures and provides you with additional practice in understanding and solving economic
problems. These sessions are designed to prepare you for the tests and examinations; thus,
you should make every effort to understand the material covered in each tutorial. Students

20
may be required to write both announced and unannounced short tests in your tutorials.
The tutors are there to guide learning and not to tell student answers, you are encouraged to
pre read before attending each tutorial session.

Please note that the lecturer will only assist students who miss a tutorial if the
student provides satisfactory evidence of having attempted the tutorial questions.

Tutorial and semester tests

TWO Semester Tests and THREE Tutorial Tests will be written per semester. However, we
will take TWO of the best mark from your tutorial test will contribute towards your final mark.
(i.e., there will are a total of TWO semester tests and TWO tutorial tests for the semester).
All the tutorial tests will be written online. The tutorial tests will only be open online during the
specified period. See table below on specifying the tutorial dates and time on which
complete the assessments.

The semester tests will be written online on weekdays, on a specified date and time. The
test dates and time are provided below in the lecture schedule table. No test scripts will be
made available as they are multiple choice questions, true or false, but comments will be
given on your performance. No results will be made available to any student whose name
does not appear on the class list. Students are therefore urged to sort out all registration
problems with the Faculty Administrators as soon as possible.

How to complete the Tutorial and semester tests:

You will not be allowed to attempt the test before the test cycle has been opened, nor will
you be allowed to attempt the test after the test cycle has been closed on the system. From
the moment you access a Tutorial and semester test you have one hour to complete
the Tutorial test and two hours to complete the semester test. Below, please finds
information about the dates on which the tutorial and semester tests will open and close, as
well as the work that each semester test will assess:

Tutorial Tests

Tutorial test 1: Open: 17 March

Close: 17 March

Tutorial test 1: Open: 17 March

Close: 17 March

Tutorial test 2: Open: 05 April

Close: 05 April

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Semester Test

Semester test 1: Open: 23 March

Close: 23 March

Semester test 2: Open: 11 May

Close: 11 May

NB: Once you click on “start the quiz” you will not be given another opportunity for
that specific test. Therefore, ensure that you prepare adequately before attempting the
test.

8. REFERENCING STYLE
Not applicable for this module.

9.INFORMATION ABOUT TURNITIN

Not applicable for this module.

10. SUPPORT SERVICES & RESOURCES

To ensure that you have all the support you need to successfully complete this course, we
have made the resources listed below available to you.

10.1 The Library

Please contact the Librarian for information on different resources available on
https://library.mandela.ac.za/. There is extensive access to online journal articles on the
Mandela University Library website, it is advised that you make use of this valuable resource
when completing assignments or preparing notes.

The Faculty Librarian is Mr Mzoxolo Tame who will be able to assist you with numerous
areas linked to sourcing information.

Contact Details:
 Office Number: 412 (Library Block): 0007 Office Second Avenue Campus
 Email Address: mzoxolo.tame@mandela.ac.za

10.2 Special Needs

22
Nelson Mandela University would like to ensure that differently abled students enjoy a
successful student experience, thus the University strives to ensure that academic
concessions, reasonable adjustments for general accessibility, test and examinations and
other academic concessions, are made to meet such students’ needs. Services currently
available include assistive technologies, dedicated computer spaces equipped with assistive
technologies, braille transcription support, adapted transport for those with mobility
difficulties, and volunteer buddies amongst other.

If you were granted any form of concession when completing an assessment in 2022, and
may require a similar concession in 2023, please register your special needs with the
university’s Universal Accessibility and Disability Services (UADS) by clicking the
following link: https://disability.mandela.ac.za/. The Department of Economics also
encourages students who have not applied for concessions, but who may qualify for such
concession to discuss their situation with UADS or our Academic Advisor (Mr Konke Mbuli)

10.3 Emthonjeni - Fountain of Student Wellness

Emthonjeni Student Wellness consists of a team of professionally trained psychologists who
are registered with the Health Professions Council of South Africa. They provide students
with support, guidance and professional counselling that contributes to holistic student
success and the achievement of desired Nelson Mandela University graduate attributes.

Contact Details:

 Office Hours: Monday -Friday 08:00 - 16:30

 emthonjeni@mandela.ac.za

Contact Details Per Campus

 South Campus: 041 504 2511 or email: counselling.south@mandela.ac.za

 North Campus: 041 504 3222 or email: counselling.north@mandela.ac.za
 Missionvale Campus: 041 504 1106 or
email: counselling.missionvale@mandela.ac.za
 Second Avenue Campus: 041 504 3854 or
email: counselling.2ndAve@mandela.ac.za
 https://emthonjeni.mandela.ac.za/

Honesty
The Department of Economics places a very high premium on the absolute honesty of every
student. The Department thus expects all students registered for an Economics module to

23
pledge to adhere to the principles of academic integrity that are outlined in the University’s
https://www.mandela.ac.za/getmedia/f333ec98-5667-4094-9a76-e052d9758eb3/General-
Prospectus?disposition=attachment. Furthermore, the Department expects all students
registered for an Economics module to pledge not to engage in theft, dishonesty, cheating,
copying assessments, downloading work from the Internet, and claiming it as theirs,
plagiarising, producing fraudulent medical certificates or tampering with marked
assessments.

Accessing study sites such as Chegg, Course Hero or Quizlet during assessments is also
forbidden. Please note that the Department reserves the right to monitor the sites that you
access and to submit your work through Turnitin, a plagiarism detection service. Failure to
abide by the principles of academic integrity outlined above will result in the Department
referring you to the University’s Disciplinary Committee.

Faculty Administrators

Should you experience any problems with your registration, or should you wish to add /
cancel modules you should contact your Faculty Administrator, (Second Avenue) Mr Xolani
Sipoyo as soon as possible (preferably via email) at xolani.sipoyo@mandela.ac.za
and (George Campus) Ms Nonkululeko Nokhepheyi (preferably via email) at
nonkululeko.nokhepheyi@mandela.ac.za both the officers contact details appear below.
Please note that it is essential that you refer all queries to Mr Sipoyo and Ms
Nokhepheyi. Sending it to a different faculty administrator or to the manager’s email
address can result in lengthy delays. Furthermore, please remember to include your
student number and your qualification code in all correspondence. Faculty
Administrators are usually available for consultation between 10:00 – 12:30 and 14:00 –
15:30 daily.
Building
Telephone
Name and room Email address
number
number

Bld 301,
Ms Mopani
(0)44 801 nonkululeko.nokhepheyi@mandela.ac.za
Nonkululeko Building
5566
Nokhepheyi (George
Campus)

24
 Room 019,
auditorium
Mr. Xolani (0)41 504 xolani.sipoyo@mandela.ac.za
(Second
Sipoyo 3804
avenue
campus)

25
 11.GLOSSARY OF INSTRUCTION WORDS
ANALYSE HLAHLELA ONTLEED

Make an analysis of detailed Yenza uhlahlelo lwenkcukacha yoviwo Doen ‘n ontleding van gedetailleerde
examination ondersoek
Yahlula ibe ngamaqhekeza uze utolike
Separate into parts and interpret Breek op in verskillende dele en
interpreteer
COMMENT YENZA LEWER KOMMENTAAR

Opinion given (Amagqabantshi’inthshi) Gee opinie

Explanatory note Uluvo ulunikiwe Gee verduideliking
Iletana yenkcazelo
COMPARE THELEKISA VERGELYK

Estimate similarity of Thelekelela ufaniso Iwe: Bepaal verskille en ooreenkomste

Declare to be similar Bhengeza ukufana (imfano)
Mayibe nexabiso lothelekiso
Be worthy of comparison
CONTRAST AHLUKANISA KONTRASTEER

Difference shown by comparison. Umahluko uboniswa ngokuthelekisa

Compare so as to show differences Thelekisa ukubonisa iyantlukwano Wys op die verskille tussen 'n gegewe
stel feite
CRITICISE HLALUTYA KRITISEER

Express Faxanga uhlalutyo Iwe ‘n kritiese bespreking, sterkpunte,

swakpunte
DEFINE CHAZA DEFINIEER

Give a definition of Nika inkcazo ye Verskaf ‘n definisie van

Gee afbakening van onderwerp
State precisely Cacisa okanye chaza gca Gee presiese beskrywing
Gqabaza ngokucacileyo Duidelike raamwerk
Outline clearly
Yenza umda we
Mark the boundary of
DESCRIBE CHAZA BESKRYF

Give a description of Nika inkcazo ye Gee ‘b beskrywing van

DIFFERENTIATE YAHLULA DIFFERENSIEER

Be a difference between Yahlula phakathi kwe Daar moet ‘n verskil wees tussen maak
Distinguish between die verskille duidelik
Develop differences Yahlula phakathi kwe Ontwikkel verskille
Khulisa umahluko
DISCUSS XOXA BESPREEK

Examine by argument Vavanya ngengxoxo Ondersoek dmv ‘n argument

Praat of skryf oor
Talk or write about Thetha okanye ubhale nge
EVALUATE NIKA IXABISO EVALUEER

Find or state the value of Khangela okanye uch Doen ‘n waardebepaling

aze ixabiso le:- Vind uit wat die waarde is of noem die
waarde
EXAMINE VAVANYA ONDERSOEK

Look at closely in order to learn about Jongisisa ukuze ufunde nge:- okanye Kyk krities daarna om iets daaruit te
or from kwi – leer of om dit beter te verstaan
Question formally
Buza ngokolandelo-migaqo
EXPLAIN CHAZA VERDUIDELIK

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Make clear Cacisa Maak duidelik
Show the meaning of Bonisa intsingiselo ye – Maak die betekenis duidelik
Account for Chaza nge Gee rekenskap van
IDENTIFY CHONGA IDENTIFISEER

Recognise as being specified person or Yivume okanye yibone njengondoqo/ Erken dat dit ‘n bepaalde persoon of
thing uqobo lomntu okanye into ding is
Consider to be identical Yiqwalasele njengento efanayo Sien dit as identies
Associate oneself closely in feeling or Zinxulumanise ngokusondeleyo
interest ngemvo okanye umdla Assosieer daarmee mbt eie gevoelens
of belangstelling
ILLUSTRATE ZEKELISA ILLUSTREER

Make clear by examples or pictures Cacisa ngemizekelo okanye Maak duidelik dmv voorbeelde of
imifanekiso prente ens.
INTERPRET TOLIKA INTERPRETEER

Explain the meaning of Chaza intsingiselo ye:- Verduidelik die betwekenis daarvan
Tree op as interpreteerder
Act as an interpreter Yenza ngokungathi uyitoliki
JUSTIFY THETHELELA REGVERDIGING

Show to be right or just or reasonable Bonisa ukulunga okanye ukufaneleka Bewys dat dit reg of regverdig of redelik
okanye ukuvakala is
Bewys dat daar genoeg rede daarvoor
is
LIST YENZA ULUHLU LYS / NOEM

Written, printed series, items, figures Olubhaliweyo, olushicelelweyo Geskrewe of gedrukte reeks van name,
etc. lwamagama, izinto amanani njalonjalo items, figure ens.
MENTION CHAPHAZELA NOEM

Speak or write about briefly Thetha okanyelubhale ngokufutshane Praat of skryf kortliks
Refer to by name nge:-
Yibize nge gama (singisa kuyo Verwys daarna by naam
ngegama)
OUTLINE GQABAZA OPSOM/ OMLYN

Summary Isishwanka thelo Opsomming; gee oorsig; skets die

Show a thing’s shape Bonisa isakheko kwento ukwakheka hoofpunte
REVIEW HLAZIYA GEE OORSIG
Algemene oorsig van geberure of
General survey of events or a subject Ucando ngokubanzi onderwerpe
iweziganeko okanye umxholo RESENSEER
Reconsideration Uphindo-ngqwalaselo
Report assessing the merits of a book Nika ingxelo uhlalutye Heroorweeg
or a play Incwadi okanye umdlalo Rapporteer dmv ‘n waardebepaling van
meriete van ‘n boek of toneelstuk ens

SHOW BONISA WYS

Allow or cause to be seen Vuma okanye wenze ukuba ubonwe Help die leser om die prente te sien
Offer for inspection or viewing Nikela ukuba uhlolwe okanye wenziwe Bewys
imbono Help die leser om te verstaan
Qondakalisa Bied dit op so 'n wyse aand dat die
Yalatha-gca leser dit kan besigtig
Ngqina
Yenza ukuba kuqondwe
Nika umfanekiso we:-
STATE XELA NOEM

Express in words Faxanga ngamazwi Druk uit in woorde

Specify Chaza-ngqo Spesifiseer
SUMMARISE SHWANKATHELA SOM OP

(to make a) statement Ukwenza inkcazo unike qmanqaku Maak ‘n stelling en gee die hoofpunt

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giving the main points of something
brief
give main points only
without attention to details or formalities
Aphambili ngomba kortliks, gee net die hoofpunt geen
Ngokufutshane detail of formaliteite nie.
Nika amanqaku aphambili kuphela
Ngaphande kwengqalelo
Kwinkcukacha okanye ulandelo migaqo
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