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Ecs3703 Assignment 1 (Answers) Semester 2 2026 - Distinction Guaranteed

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Well-structured ECS3703 Assignment 1 (ANSWERS) Semester 2 2026 - DISTINCTION GUARANTEED . (DETAILED ANSWERS - DISTINCTION GUARANTEED!)... Assume that the Southern African Development Community (SADC) countries operate under flexible exchange rate systems, and they desire to maintain balanced current accounts and reach full employment. (a) Explain which macroeconomic policy these countries should use to achieve this under a scenario of perfect capital mobility and imperfect capital mobility, and why? With the aid of diagrams, briefly explain how the governments of the Southern African Development Community (SADC) can use the relevant policies mentioned in (a) under each scenario Suppose the Southern African Development Community (SADC) region intends to adopt a common currency for its member countries, as it would be economically beneficial for the participants (nations). Various parts of South Africa experienced climate-related disasters in 2026 and in recent years. These disasters have adversely affected economic infrastructure, the social well-being of communities, and the economy. Assuming an open economy with flexible prices, use a fully labelled diagram to explain the effect of these disasters on production activities and, in turn, on the aggregate long-run and short-run supply of goods and services. Also, explain how the South African government can use macroeconomic policies to mitigate the impact of these disruptions What is this arrangement called In your view, would the Southern African Development Community (SADC) benefit from this kind of arrangement? Explain your answer. Discuss the risks and benefits associated with the adoption of a common currency Assume that South Africa operates under the principle of free movement of capital and fixed exchange rates. The country seeks to reach the full-employment level of national income with equilibrium in the balance of payments. Which relevant macroeconomic policy would you advise South Africa to use to achieve this and why With the aid of a graph, explain how the nation should use the relevant policy mentioned in (a) to achieve the full-employment level of national income with equilibrium in its balance of payments

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ENG2612
Assignment 1 2026
Unique number:
Due Date: April 2026
QUESTION 1

The extract constructs meaning through deliberate linguistic and stylistic choices that shape
both character and theme. A noticeable stereotype presented is the portrayal of the African
setting as primitive and survival driven, where figures such as the “lone lion” and the
barefoot boy with a spear reinforce a traditional image of life in the savannah. This
representation simplifies African identity into a hunting based existence, which can be seen
as reductive, although it also serves to ground the narrative in a natural and symbolic
environment. Cohesion is achieved through lexical repetition, particularly the word “hunting”,
which appears in both literal and metaphorical contexts. This repetition links the actions of
the lion and the boy, creating coherence by aligning their experiences and drawing the
reader’s attention to a shared underlying theme.




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QUESTION 1

The extract constructs meaning through deliberate linguistic and stylistic choices that
shape both character and theme. A noticeable stereotype presented is the portrayal
of the African setting as primitive and survival driven, where figures such as the “lone
lion” and the barefoot boy with a spear reinforce a traditional image of life in the
savannah. This representation simplifies African identity into a hunting based
existence, which can be seen as reductive, although it also serves to ground the
narrative in a natural and symbolic environment. Cohesion is achieved through
lexical repetition, particularly the word “hunting”, which appears in both literal and
metaphorical contexts. This repetition links the actions of the lion and the boy,
creating coherence by aligning their experiences and drawing the reader’s attention
to a shared underlying theme. The figurative use of “hunting” is central to the
extract’s meaning. While the lion hunts for survival, the boy is “hunting for courage”,
which shifts the term from a physical act to an internal, psychological pursuit. This
metaphor symbolises personal growth and emotional struggle, suggesting that the
boy’s journey is not about physical strength but about overcoming fear and stepping
into maturity. Through this contrast, the text develops a deeper thematic message
about transformation, where courage becomes the true prey, and the act of hunting
represents the process of self discovery.




QUESTION 2

Both extracts use literary and linguistic devices to show how humans relate to their
environment, though in different ways. In Extract A, imagery and symbolism link the
boy to the natural environment. The presence of the lion and the savannah creates a
setting where survival and growth are connected to nature. The figurative use of
“hunting” shows that the boy is not only interacting with the physical environment but
also engaging in an inner struggle for courage. This reflects a deep, symbolic
relationship between human experience and the natural world. In Extract B,
repetition of the phrase “we want” creates cohesion and emphasises emotional
needs within a social environment. The environment here is not physical but social,
focusing on belonging and connection. Rhyme and rhythm reinforce the longing for

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Dominick Salvatore International Economics
Publisher: 2019 ISBN: 9781119554929 Edition: Unknown

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