Economics & Banking for Managers

R3,700.00 R3,400.00

Programme Overview

Economics and economic decision-making is part of basically every segment of life. In this programme we firstly look at Economics in its two dimensions: Microeconomics and Macroeconomics, Banking sector which is the ‘life blood’ of any economy.

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Economics & Banking for Managers

After the successful completion of the programme, the student will receive a certificate (NQF level 5) issued and endorsed by the UFS. Recognition to the Higher Certificate in Management Development is available.

Economics & Banking for Managers aims to provide participants with a good understanding of the main role players in the economy, the rationale behind decisions taken by them, and examining different types of markets (microeconomics).

It also focusses on understanding the economy as a whole and investigating the meaning and interpretation of economic growth, inflation, exchange rates, etc. (macroeconomics).

Within the banking part, the South African banking industry is explored, with specific attention paid to how banks function, what the role of the Reserve Bank is and what main risks banks are exposed to. This knowledge will enable the participant to better analyse the economy and banking sector, and to accurately interpret changes in the economy and the global economy as well as their implications for their organisations.

In this programme participants will learn to:

  1. Understanding how the economy works and explain how interest rates are determined, why there is an increase or decrease, and when an increase or decrease can be observed.
  2. Explain how exchange rates are determined, and why and when they can change.
  3. Think and reason about macro-economics.
  4. Understand globalisation and its effect on the South African economy.
  5. Identify factors influencing price sensitivity for a specific product.
  6. Understand how the market forces of demand and supply interact to determine price and output.
  7. Comprehend how market power and price regulation (such as price ceilings and price floors) impact on price and output levels of a specific product.
  8. Discern the functions and definitions of money and explain the creation and control of money.
  9. Distinguish between the money and the capital market.
  10. Identify and discuss the financial instruments.
  11. Highlight and explain the various financial institutions and their operations.
  12. Apply instruments of monetary policy in the South African context.
  13. Explain important exchange rate determinants.
  14. Understand the political economy of South Africa.

Programme Content

  1. Markets, Supply and Demand, and Prices
  2. How to Think and Reason in Macroeconomics
  3. Globalisation: Essence and Fundamentals
  4. Globalisation: Major Driving Forces
  5. Money
  6. Financial Instruments
  7. Financial Markets
  8. The South African Reserve Bank and Commercial Banks
  9. Merchant / Investment Banks and Non-Bank Financial Institutions


Your Lecturer for this online Programme: Economics & Banking for Managers

Dr Liezel Alsemgeest
Liezel completed her PhD thesis titled: The drivers of customer perception and sustainable profitability of an agricultural business in South Africa in 2011. She is also a lecturer for the first year B.IURIS students at the Centre for Financial Planning Law, as well as a Certified Financial Planner (CFP®). Her research mainly focuses on personal financial management and agricultural businesses.


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