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International Trade ∙
Internasionale handel
Session ∙ Sessie 14:

Economic and Management Sciences | EyeNzululwazi ngoQoqosho noLawulo | Ekonomiese en Bestuurswetenskappe

 What will I Learning Objectives Leerdoelwitte

learn in this Engaging with this sub-module content, Deur gefokus deur die inhoud van die sub-

module? you will learn to:

 Understand the current economic conditions and the
module te werk, behoort studente:
 

die huidige ekonomiese toestande en hul implikasies vir

* implications for economic growth and trade

prospects;√
ekonomiese groei- en handelsvooruitsigte te verstaan; √
insig te put uit Internasionale Handelsteorieë wat verduidelik

Wat gaan ek in
 Gain insights from International Trade Theories that waarom handel belangrik is; √
explain why international trade matters; √
te verstaan waarom, hoe en met watter impak owerhede in
 Understand why, how and to what effect internasionale handel inmeng; √
hierdie module governments intervene in international trade; √
 Understand the multilateral global trading system
die multilaterale handelsregime en hoe dit internasionale
handel bevorder, verstaan; √

leer?
and how it advances trade amongst countries; √
streeksintegrasie, die rationale, doelstellings, moontlikhede
 Understand regional integration, its purpose, en struikelblokke daarby betrokke, te verstaan; √
possibilities and obstacles; √
die insigte uit die handelsteorieë te benut om te verstaan
 Use the insights from theory to understand how the hoe die samevloei van vryer handel onder die
confluence of freer trade under the World Trade Wêrelhandelsorganisasie se
Organisation’s Trade Facilitation Agreement, the Handelsfasiliteringsooreenkoms, die Afrika Kontinentale
African Continental Free Trade Agreement and the Vryhandelsooreenkoms en die Vierde Industriële Revolusie
Fourth Industrial Revolution can propel Africa into Afrika kan help om ekonomiese welvaart te skep, tenspyte
economic prosperity, despite many obstacles and the van verskeie hindernisse en die Covid-19 pandemie . √
Covid-19 pandemic. √

2
 Theme 3: key issues Tema 3: sleutel vraagstukke
What is South Africa’s biggest Wat is Suid-Afrika se grootste makro-
macroeconomic challenge?  ekonomiese uitdaging?
Content: Is a combination of the opportunities Is ‘n kombinasie van die geleenthede
International provided by the Fourth Industrial
Revolution and the WTO’s Trade
wat die VIR en die WHO se
Handelsfasiliteringsooreenkoms, asook
Trade. Facilitation Agreement (TFA), as well
as the AfCFTA, powerful enough to
die AfKVHO bied kragtig genoeg om die
ekonomie met behulp van handel op ‘n
propel the economy onto a higher hoër groei-trajek te plaas?
* growth path through trade?

Inhoud: Bringing it all together for SA Voeg alles saam vir SA

Internasionale READER: Jafta & Semenya, PART IV READER: Jafta & Semenya, PART IV
Handel

3
Today Vandag

Wrapping it up Opsomming

Jobs for economics Werksgeleenthede vir

graduates ekonomie gegradueerdes

Assessments 2022 Assesserings 2022

Economic and Management Sciences | EyeNzululwazi ngoQoqosho noLawulo | Ekonomiese en Bestuurswetenskappe
 Q3.3. Make an infographic or mind map to show the
potential advantages of the TFA, the FIR and the
AfCFTA for South Africa, indicating the mechanisms
Last session through which these advantages may link to trade
* and economic growth.
Laaste sessie
Vr.3.3. Maak jou eie infografika of breinkaart
(mindmap) om die potensiële voordele van die HFO,
READER, p. 80 die VIR en die AfKVHO vir Suid-Afrika te illustreer.
Toon die meganismes waardeur hierdie voordele
aan handel en ekonomiese groei verbind is, aan.

Upload to SUNLearn * Laai op SUNLearn

5
Infographic Prizes

Announcement of winners in Week of: 19 September

R3000 R2000 R1000

Economic and Management Sciences | EyeNzululwazi ngoQoqosho noLawulo | Ekonomiese en Bestuurswetenskappe

 Jobs for Economics degree holders
Werksgeleenthede vir Ekonomie gegradueerdes.
Economic and Management Sciences | EyeNzululwazi ngoQoqosho noLawulo | Ekonomiese en Bestuurswetenskappe
What economics training adds to the
economy (1)
Waarde toegevoeg deur Ekonomie opleiding (1)
• Top Skills Economics Majors Have
• “Economics majors learn to gather, organize, and interpret data, using mathematical
formulas and statistics to make calculations. They also create models to predict the impact
of investments, policy decisions, industry trends, demographics, climate change, and
much more.
• Although economics majors must be able to analyze problems and propose solutions,
success in the field also requires solid communication skills. Individuals working in
economics must be able to translate their complex findings into a format that business
leaders, legislators, and everyday people can understand.
• While graduates with a degree in economics are masters of the chart and graph as tools for
summarizing trends and results, the ability to write clear descriptions and present
complicated information to others are also vital skills for the economics major.” Indeed,
2022
Economic and Management Sciences | EyeNzululwazi ngoQoqosho noLawulo | Ekonomiese en Bestuurswetenskappe
 Traditional job opportunities Tradisionele werksgeleenthede

Economic and Management Sciences | EyeNzululwazi ngoQoqosho noLawulo | Ekonomiese en Bestuurswetenskappe

 New tech
& Job
erosion

Nuwe tegnologie en
werksgeleenthede wat
gaan verdwyn

Economic and Management Sciences | EyeNzululwazi ngoQoqosho noLawulo | Ekonomiese en Bestuurswetenskappe

 New
prospects
(1)

Nuwe vooruitsigte (1)

Economic and Management Sciences | EyeNzululwazi ngoQoqosho noLawulo | Ekonomiese en Bestuurswetenskappe

 New
prospects
(2)

Nuwe vooruitsigte (2)

Economic and Management Sciences | EyeNzululwazi ngoQoqosho noLawulo | Ekonomiese en Bestuurswetenskappe

What economics training adds to the
economy (2)
Waarde toegevoeg deur Ekonomie opleiding (2)

“Think outside the box. Most economics majors know that

there are plenty of job opportunities for them in finance and
government, but don’t discount the private sector! Many
companies, especially in tech, are increasingly seeing the
value of hiring economists, and roles in demand forecasting
and data science are available everywhere from retail
companies to software as a service (SaaS) companies”
Glassdoor, 2021

Economic and Management Sciences | EyeNzululwazi ngoQoqosho noLawulo | Ekonomiese en Bestuurswetenskappe

Assessments

Assesserings
Assessment Date Composition Coverage
A1 30/09/2022 Trade: 60 Trade: all work
ME & International Finance: ME & IF: Ch 1, 2, 3 & 12, 13,
40 14, 15
A2 26/10/2022 Trade: 40 All work
ME & International Finance:
60
A3 21/11/2022 Trade: 50 All work
ME & International Finance:
50

Format: Combination of T/F, MCQs (25%) and long questions

Economic and Management Sciences | EyeNzululwazi ngoQoqosho noLawulo | Ekonomiese en Bestuurswetenskappe