Business and Economic Sciences- BES Economics Augmented Microeconomics ECO10x1 Ms K. Matjiwa; Ms K. Hlungwani & Ms S. Booi 1 1 Table of Contents 1. INTRODUCTION .................................................................................................... 3 1.1. Welcome .......................................................................................................... 3 1.2. Purpose of the module ..................................................................................... 3 1.3. Educational approach ...................................................................................... 3 1.4. Responsibilities of the student ......................................................................... 3 2.ADMINISTRATIVE INFORMATION ........................................................................ 4 2.1Contact details .................................................................................................... 4 3.MODULE INFORMATION ........................................................................................ 7 3.1Module Description and Purpose: .................................................................... 7 3.2The students are expected to/ Assumed Knowledge and Skills:................. 7 3.3 Credit Map and Notional Hours ....................................................................... 7 3.4 Articulation with other modules in the programme ...................................... 9 3.5 Module Outcomes............................................................................................ 10 3.6 Module structure/Content: ............................................................................. 11 COVERAGE.................................................................. 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PROFESSIONAL BODY REQUIREMENTS ...................................................... 12 5.TEACHING & LEARNING DETAILS................................................................... 12 5.1 Overview of Learning Activities..................................................................... 12 5.2 Learning Activities Timetable ........................................................................ 13 6.LEARNING RESOURCES ................................................................................... 13 6.1.Prescribed Textbook .......................................................................................... 13 7.ASSESSMENT GUIDELINES.............................................................................. 16 7.1 Assessment plan/ Matrix ................................................................................ 16 7.2 Assessment Policy .......................................................................................... 18 10. SUPPORT SERVICES & RESOURCES .......................................................... 20 10.1 The Library ..................................................................................................... 20 10.2 Special Needs ............................................................................................... 20 10.3 Emthonjeni - Fountain of Student Wellness .............................................. 20 11.GLOSSARY OF INSTRUCTION WORDS ........................................................ 23 2 1. INTRODUCTION 1.1. Welcome We would like to take this opportunity to welcome you to Augmented Microeconomics . Specifically, welcome to the ECO10x1 where you lay the foundation of Economics at tertiary level. We trust this year of study will be one filled with amazing experiences that will ultimately culminate in your graduation with a Diploma certificate. Augmented Microeconomics is a fascinating study which will provide you with ability to identify, describe and apply a broad range of fundamental concepts, principles, and applications in the field of Economics in a market-oriented economy. This is a semester module, and we look forward to imparting critical knowledge on your over the year; most importantly to engage with the inquisitive questions that you will bring forward. 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. Submit leave of absence accompanied by appropriate supporting documentation within prescribed timeframes. Honour the University values Please refer to General Prospectus 2024 and Faculty Prospectus 2024 for general rules and regulations. 3 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 Responsibility Module coordinator_ Second Avenue Campus Name Ms. Keaobaka Matjiwa LecturerSecond Avenue Campus Ms. Sipesihle Booi George Campus Lecturer Ms Kholofelo Hlungwani Departmental administrator Mrs Elizabeth Moodley Building and room number Main Building, 9th Floor, office 0918 South Campus Main Building, 9th Floor, office 0918 South Campus Admin Building, room 0148 Office: 2nd Avenue Campus Telephone number Email address (0)41 504 2900 Keaobaka.matjiwa@mandela.ac.za Sipesihle.booi@mandela.ac.za (0)44 801 5014 (0)41 504 4996 Kholofelo.hlungwani@mandela.ac.za Elizabeth.Moodley@mandela.ac.za Office no. 146 The details will be communicated Tutors- Academic advisor Ms Sikhosana Thandeka Florence Class Rep To be updated 065 823 2607 s223149942@mandela.ac.za 4 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 (ECO10x1), and name of programme (Augmented Microeconomics)in all correspondences. You have an opportunity to meet on one-on-one with your lecturer, soon after the lecture 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 Ms. Day Keaobaka Consultation Times To be updated Matjiwa Ms Sipesihle Booi To be updated Ms To be updated Hlungwani Kholofelo Academic Advisor Name: Ms Thandeka Florence Sikhosana The Economics Department academic advisor, Ms Sikhosana 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. Ms Sikhosana 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 5 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: s223149942@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: • • • • To help students define and develop realistic educational plans. Connect students to useful resources and other advisors to advance their educational plan. Provide accurate information to help students navigate the university system. 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: • • • • • • • Academic literacy Faculty administration documents Financial aid General information Goal setting Multilingualism Orientation 6 • • Study skills or 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: • 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. • 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 marketoriented 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. 3.3 Credit Map and Notional Hours 7 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 Lectures- 2 hours per week Tutorials – 30 minutes per week Private study and pre-reading – 2.5 hours per week TOTAL NOTIONAL LEARNING HOURS HOURS 14 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 Moodle 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. 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 8 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. • 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 the subject. Teamwork skills are also developed through cooperative studying. Such skills are highly valued by employers. We thus encourage you to: • 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 • 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: 9 A student will not be allowed to proceed to the following modules without first having passed the listed pre-requisite modules or, in some cases, be simultaneously registered (at least) for the given co-requisite modules. Module Code Pre-requisites Code Microeconomics ECO2001 Macroeconomics ECO2002 Introductory economic Analysis ECO2011 Microeconomics Macroeconomics Microeconomics Macroeconomics Microeconomics Macroeconomics ECO1001 ECO1002 ECO1001 ECO1002 ECO1001 ECO1002 Introductory Econometrics ECO2012 Microeconomics Macroeconomics ECO1001 ECO1002 ECO3001 ECO3002 Microeconomics Microeconomics ECO2001 ECO2001 Development Economics ECO3011 Microeconomics ECO2001 Labour Economics ECO3012 Microeconomics ECO2001 Econometrics ECO3021 Introductory Econometrics ECO2012 Economic Modelling ECO3022 Introductory Econometrics ECO2012 Year 2 Year 3 Public Economics International Economics PROGRESSION: Enquire on Progression, please make sure you contact your respective faculty officers. CORE- REQUISITE MODULES: please refer to the table above and contact your respective faculty officers. 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. 10 ➢ 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. ➢ 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. 11 Teaching/Presentation Plan Week beginning on _ & ending on _ 12 Feb – 16 Feb 19 Feb – 23 Feb 26 Feb – 1 March 04– 08 March 11 – 15 March 18-22 March 21 March 23 March 25-28 March 29 March -07 April 08- 12 April 15– 19 April 22-26 April 29 April- 03 May 1 May 04 May 06– 10 May 10 May 13 – 17 May 20 – 24 May 28 & 29 May 03 June 25 June- 14 July 15July Coverage Introduction & Chapter 1: What economics is all about Chapter 2: Economic Systems Chapter 3: Production, income, and spending in the mixed economy Chapter 4: Demand, supply and prices Revision Public Holiday Semester Test 1: Chapters 1, 2, & 3 Chapter 5: Demand and supply in action STUDENT RECESS PERIOD Chapter 6: Elasticity Chapter 7: The theory of demand: the utility approach Chapter 8: The theory of demand: the indifference approach Revision Public holiday Semester Test 2: Chapters 4, 5, & 6 Chapter 9: Background to supply: production and cost Aegrotat tests Chapter 10: Market structure 1: Overview and perfect competition Chapter 11: Market structure 2: monopoly and imperfect competition Revision Exam STUDENT RECESS PERIOD Supplementary Exam PLEASE NOTE: • Dates may change during the semester; however, these changes will be communicated in advance. Communication may take place via email, lectures, and/or on Moodle. Please make sure that you attend lectures and stay up to date with the relevant content academically and administratively. • a hybrid approach to lectures and assessments will take place. This will be addressed during lectures until April 2024. • See Moodle for academic and administrative support links. • Moodle participation is COMPULSORY for successful completion of this course. 4. PROFESSIONAL BODY REQUIREMENTS There is no professional body linked to this module. 5.TEACHING & LEARNING DETAILS 5.1 Overview of Learning Activities 12 Your learning in this course will involve a range of activities including in-person lecturers, online activities/discussions, tutorials, individual tasks, discussion, and individual reflection. To successfully complete this course, 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 CLASS AND TUTORIAL TIMETABLE MONDAY TUESDAY To be advised To WEDNESDAY be To be advised advised THURSDAY FRIADAY To be To be advised advised Class Timetable (2nd Avenue Campus) To up updated in 2024 6.LEARNING RESOURCES 6.1. Prescribed Textbook Title: Economics for South African Students Author: Philip. Mohr & Associates Publisher: VAN SCHAIK Edition: ISBN: 6th (latest) 9780627033421 6.2. Other Material 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. 6.3. Moodle site 13 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”. 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. 14 Step 3 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 ECO10x1 15 Click “Click to enter this module”. By enrolling for the course, you are registering to be part of the site. Next time you go to the ECO10x1 site you will be able to enter directly without enrolment. 7.ASSESSMENT GUIDELINES 7.1 Assessment plan/ Matrix Assessment type Assessment task About Due date Weight Semester one 1 Tutorial Test 1 All tutorials will be written in class 2 Semester Test 1 To be announced 3 Tutorial Test 2 All tutorials will be written in class 5 Semester Test 2 To be announced 6 Tutorial Test 3 All tutorials will be written in class 7 Exam All the chapters 23 March 04 May 3 June 5% 15% 5% 15% 5% 60% Must add up to 100 NB: PLEASE NOTE THE TWO OF THE BEST MARKS FROM YOUR TUTORIAL TEST WILL CONTRIBUTE TOWRDS YOUR FINAL MARK. 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, 16 students must adhere to the specified lecture times indicated on their timetable, as latecomers 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 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 30 minutes to complete the Tutorial test and 1 hour to complete the semester test (the semester tests will be written 17 in the assessment venues and the tutorials will be written anytime during lecture times). 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: Will be written in class, anytime during lecture times Tutorial test 2: Will be written in class, anytime during lecture times Tutorial test 3: Will be written in class, anytime during lecture times Semester Test Semester test 1: 23 March Semester test 2: 04 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. 7.2 Assessment Policy 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 18 test in question. (See https://www.mandela.ac.za/getmedia/f333ec98-5667-40949a76-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/f333ec98-5667-4094-9a76e052d9758eb3/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 coordinator (see https://www.mandela.ac.za/getmedia/f333ec98-5667-4094-9a76- e052d9758eb3/General-Prospectus?disposition=attachment Rules G1.11.5 – G1.11.7). • 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. 19 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 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 2024, 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: 20 • • 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 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/GeneralProspectus?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 21 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. Name Building and room number Bld 301, Ms Mopani Nonkululeko Building Nokhepheyi (George Campus) Mr. Xolani Sipoyo Room 019, auditorium (Second avenue campus) Telephone number Email address (0)44 801 5566 nonkululeko.nokhepheyi@mandela.ac.za (0)41 504 3804 xolani.sipoyo@mandela.ac.za 22 11.GLOSSARY OF INSTRUCTION WORDS ANALYSE HLAHLELA ONTLEED Make an analysis of detailed examination Yenza uhlahlelo lwenkcukacha yoviwo Doen ‘n ontleding van gedetailleerde ondersoek Yahlula ibe ngamaqhekeza uze utolike Separate into parts and interpret Breek op in verskillende dele en interpreteer LEWER KOMMENTAAR COMMENT YENZA Opinion given Explanatory note (Amagqabantshi’inthshi) Uluvo ulunikiwe Iletana yenkcazelo THELEKISA Gee opinie Gee verduideliking Thelekelela ufaniso Iwe: Bhengeza ukufana (imfano) Mayibe nexabiso lothelekiso Bepaal verskille en ooreenkomste Be worthy of comparison CONTRAST AHLUKANISA KONTRASTEER Difference shown by comparison. Compare so as to show differences Umahluko uboniswa ngokuthelekisa Thelekisa ukubonisa iyantlukwano CRITICISE HLALUTYA Wys op die verskille tussen 'n gegewe stel feite KRITISEER Express Faxanga uhlalutyo Iwe DEFINE CHAZA Give a definition of Nika inkcazo ye State precisely Cacisa okanye chaza gca Gqabaza ngokucacileyo COMPARE Estimate similarity of Declare to be similar VERGELYK ‘n kritiese bespreking, sterkpunte, swakpunte DEFINIEER Verskaf ‘n definisie van Gee afbakening van onderwerp Gee presiese beskrywing Duidelike raamwerk Outline clearly Yenza umda we Mark the boundary of DESCRIBE CHAZA BESKRYF Give a description of DIFFERENTIATE Nika inkcazo ye YAHLULA Gee ‘b beskrywing van DIFFERENSIEER Be a difference between Distinguish between Develop differences Yahlula phakathi kwe Daar moet ‘n verskil wees tussen maak die verskille duidelik Ontwikkel verskille DISCUSS Yahlula phakathi kwe Khulisa umahluko XOXA Examine by argument Vavanya ngengxoxo Talk or write about EVALUATE Thetha okanye ubhale nge NIKA IXABISO Find or state the value of Khangela okanye uch aze ixabiso le:- EXAMINE VAVANYA Doen ‘n waardebepaling Vind uit wat die waarde is of noem die waarde ONDERSOEK Look at closely in order to learn about or from Question formally Jongisisa ukuze ufunde nge:- okanye kwi – Kyk krities daarna om iets daaruit te leer of om dit beter te verstaan EXPLAIN Buza ngokolandelo-migaqo CHAZA VERDUIDELIK Make clear. Cacisa Maak duidelik BESPREEK Ondersoek dmv ‘n argument Praat of skryf oor EVALUEER 23 Show the meaning of Account for IDENTIFY Bonisa intsingiselo ye – Chaza nge CHONGA Maak die betekenis duidelik Gee rekenskap van IDENTIFISEER Recognise as being specified person or thing. Consider to be identical. Associate oneself closely in feeling or interest Yivume okanye yibone njengondoqo/ uqobo lomntu okanye into Yiqwalasele njengento efanayo Zinxulumanise ngokusondeleyo ngemvo okanye umdla Erken dat dit ‘n bepaalde persoon of ding is Sien dit as identies ILLUSTRATE ZEKELISA Assosieer daarmee mbt eie gevoelens of belangstelling ILLUSTREER Make clear by examples or pictures INTERPRET Cacisa ngemizekelo okanye imifanekiso TOLIKA Maak duidelik dmv voorbeelde of prente ens. INTERPRETEER Explain the meaning of Chaza intsingiselo ye: - Verduidelik die betwekenis daarvan Tree op as interpreteerder Act as an interpreter JUSTIFY Yenza ngokungathi uyitoliki THETHELELA Show to be right or just or reasonable Bonisa ukulunga okanye ukufaneleka okanye ukuvakala LIST YENZA ULUHLU Bewys dat dit reg of regverdig of redelik is Bewys dat daar genoeg rede daarvoor is LYS / NOEM Written, printed series, items, figures etc. MENTION Olubhaliweyo, olushicelelweyo lwamagama, izinto amanani njalonjalo CHAPHAZELA Geskrewe of gedrukte reeks van name, items, figure ens. NOEM Speak or write about briefly Refer to by name Praat of skryf kortliks OUTLINE Thetha okanyelubhale ngokufutshane nge:Yibize nge gama (singisa kuyo ngegama) GQABAZA Summary Show a thing’s shape REVIEW Isishwanka thelo Bonisa isakheko kwento ukwakheka HLAZIYA General survey of events or a subject Reconsideration Report assessing the merits of a book or a play Ucando ngokubanzi iweziganeko okanye umxholo Uphindo-ngqwalaselo Nika ingxelo uhlalutye Incwadi okanye umdlalo Opsomming; gee oorsig; skets die hoofpunte GEE OORSIG Algemene oorsig van geberure of onderwerpe RESENSEER Heroorweeg Rapporteer dmv ‘n waardebepaling van meriete van ‘n boek of toneelstuk ens SHOW BONISA WYS Allow or cause to be seen Offer for inspection or viewing Help die leser om die prente te sien Bewys Help die leser om te verstaan Bied dit op so 'n wyse aand dat die leser dit kan besigtig STATE Vuma okanye wenze ukuba ubonwe Nikela ukuba uhlolwe okanye wenziwe imbono Qondakalisa Yalatha-gca Ngqina Yenza ukuba kuqondwe Nika umfanekiso we:XELA Express in words Specify SUMMARISE Faxanga ngamazwi Chaza-ngqo SHWANKATHELA Druk uit in woorde Spesifiseer SOM OP (to make a) statement giving the main points of something Ukwenza inkcazo unike qmanqaku Aphambili ngomba REGVERDIGING Verwys daarna by naam OPSOM/ OMLYN NOEM 24 brief give main points only without attention to details or formalities Ngokufutshane Nika amanqaku aphambili kuphela Ngaphande kwengqalelo Kwinkcukacha okanye ulandelo migaqo Maak ‘n stelling en gee die hoofpunt kortliks, gee net die hoofpunt geen detail of formaliteite nie. 25