Ecs 2602 Study guides, Class notes & Summaries

This assignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the university before the due date. Answer all questions on a mark-reading sheet. 1. Which of the following are fully exogenous variables in the IS-LM model? 1. Level of output, interest rate, investment, consumption spending. 2. Government spending, taxation, money supply, marginal propensity to consume. 3. Interest rate, demand for money, supply of money. 4. Consumption spending, invest...

ECS2602- pg. 1 MODULE: ECS2602 Introduction According to ECS 2602 STUDY GUIDE, Macroeconomics deals with the economy as a whole and not the behaviour and decisions of individual consumers, households and firms, as in microeconomics. Furthermore, macroeconomics involves determining and exploring the relationship between aggregate concepts (variables), and not determining the prices of individual goods and services through the interaction of demand and supply. As per study guide, in this...

ECS 2602 EXAM PACK OCT/NOV 2017 Section A QUESTION 1/VRAAG 1 (5 marks) a. Calculate the equilibrium level of output and income if c = 0.5, c0 = 300, Ī = 400, G = 300 and T = 100 in the goods market model. Show the formula and all calculations. (1) Answer 

FOR ASSISTANCE WITH ECS2602 ASSIGNMENTS & ONLINE ASSESSMENTS SEMESTER 1 2022 WHATSAPP +27 81 278 3372 DISTINCTION GUARANTEED Disclaimer Extreme care has been used to create this document, however the contents are provided “as is” without any representations or warranties, express or implied. This document is to be used for comparison, research and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any form or by any means without prior writ...

2018/1 1.1 Which one of the following statements is not a macroeconomic issue? 1. The unemployment rate in South Africa, according to the strict definition, was 26,6% in 2016. 2. The drought experienced in 2015/16 reduced many crop harvests and caused food price inflation in South Africa. 3. The annual inflation rate in South Africa rose from 2015 to 2016. 4. Because of high inflation, it is expected that the interest rate will increase. 5. The drought experienced in 2015/16 reduced the...

ECS2602 - Macroeconomics Assignment 02 Answers

ECS2602 - Macroeconomics Assignment 01 Answers

1. Which of the following statements are correct? a. Macroeconomics studies the determination of the level of output and income for a specific firm. b. In macroeconomics we focus on the interaction between different markets, such as the goods market, the financial market, the labour market and the foreign exchange market. c. Real GDP per capita is widely used as a measure of economic welfare or wellbeing of the residents of a country. d. The main instrument of fiscal policy is the budget...

1. Which of the following statements are correct? a. Macroeconomics studies the determination of the level of output and income for a specific firm. b. In macroeconomics we focus on the interaction between different markets, such as the goods market, the financial market, the labour market and the foreign exchange market. c. Real GDP per capita is widely used as a measure of economic welfare or wellbeing of the residents of a country. d. The main instrument of fiscal policy is the budget...

This assignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the university before the due date. Answer all questions on a mark-reading sheet. 1. Which of the following are fully exogenous variables in the IS-LM model? 1. Level of output, interest rate, investment, consumption spending. 2. Government spending, taxation, money supply, marginal propensity to consume. 3. Interest rate, demand for money, supply of money. 4. Consumption spending, invest...