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Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers.
Macroeconomics analyzes the entire economy (meaning aggregated production, consumption, saving, and investment) and issues affecting it, including unemployment of resources (labour, capital, and land), inflation, economic growth, and the public policies that address these issues (monetary, fiscal, and other policies).
Other broad distinctions within economics include those between positive economics, describing “what is”, and normative economics, advocating “what ought to be”; between economic theory and applied economics; between rational and behavioural economics; and between mainstream economics and heterodox economics.
Economic analysis can be applied throughout society, in business, finance, health care, and government. Economic analysis is sometimes also applied to such diverse subjects as crime, education, the family, law, politics, religion, social institutions, war, science, and the environment.
With bursaries for economics, candidates will learn about determining factors that have an impact on businesses such as goods, distribution, production, services, consumption and more. Economics can be applied to almost all industries including government, finance, law, healthcare, science and more.
There are a variety of companies that offer bursaries for economics in South Africa. We have listed here some of those companies to considering for study in this field.
Bursaries for Economics in South Africa
- GN Transport
- Rhodes Trust
- National Treasury
- Sizwe Ntsaluba Gobodo
- MDSF Young Leaders
Here are some of the career paths one could consider in Economics Studies:
- Financial Risk Analyst
- Investment Manager
- Investment Analyst
- Chartered Accountant
- Project Analyst
- Public Finance Accountant
You may also look at the following fields:
- Government Officer
- Quantity Surveyor
- Management Consultant
- Diplomatic Operational Officer
Professions are yours to pick and choose from with an economics qualification. You can enter a variety of industries such as banking, finance, law, insurance, government, real estate, consultancy, administration, management, accounting and many more.
Economics involve analyzing services, material, labor, technology, land and more. It includes the research of taxation, cost of material, exchange rates, inflation and other aspects that can influence businesses, people and life.
Bursaries for Economics Requirements
If you want to study in this field you must meet the stipulations of the company you are applying to. These stipulations will be made clear with each company and can include the following and more:
- Applicants who are South African citizens with a valid ID document can apply.
- Applicants must have great academic records.
- Applicants must be capable of problem solving, observation and research.
- Applicants who have excellent mathematic skills can apply.
- Applicants must be able to handle complex data.
- Applicants need to be able to present ideas, solutions and findings through writing and speech.
- Applicants must be computer literate.
With an economics qualification the world is an open door to you. Your career options are limitless.
That’s the much we can take on the topic “Economics Bursaries & How to Get Successful Winning One”.
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