NAME:
HRECS83
ASSIGNMENT 03
, 1|Page
Contents
ABSTRACT..............................................................................................................................................3
CHAPTER 1.............................................................................................................................................4
1.1 Introduction.................................................................................................................................4
1.2. Context and Background.............................................................................................................4
1.3. Problem statement.....................................................................................................................4
1.4. Research Objectives....................................................................................................................5
1.5. Hypothesis...................................................................................................................................5
1.6. Significance of the study.............................................................................................................5
1.7. Outline of the study....................................................................................................................5
CHAPTER 2.............................................................................................................................................6
2. LITERATURE REVIEW..........................................................................................................................6
2.1.1 Purchasing Power Parity (PPP)..................................................................................................6
2.1.2 The Mundell-Fleming Model.....................................................................................................6
2.1.3 J-Curve Effect.........................................................................................................................7
2.1.4 Elasticity Approach....................................................................................................................7
2.2 Empirical Literature Review.........................................................................................................8
2.2 Conclusion..................................................................................................................................10
CHAPTER 3...........................................................................................................................................11
RESEARCH METHODOLOGY.................................................................................................................11
3.1. Model Specification and Estimation Technique........................................................................11
3.2. Discussion of Variables Used.....................................................................................................11
3.3. Data and Data Sources..........................................................................................................12
CONCLUSION........................................................................................................................................13
REFERENCES.........................................................................................................................................14
, 2|Page
DEPARTMENT OF ECONOMICS
Assignments 02 - 04
DECLARATION BY STUDENT
Title: ………………………………………………………………………
First name: ………………………………………………………………………
Last name:
………………………………………………………………
……… Student no:
………………………………………………………………
………
Telephone number: ………………………………………………………….….
E-mail: ……………………………………………………………………….….
I declare that:
● All particulars furnished on this form are true and correct;
● I have read TL101/0/2024;
● All assignments will be my original work and all sources used or quoted have been
indicated and acknowledged by means of complete and correct references;
● I have read the "Policy for Copyright Infringement and Plagiarism " and "Students'
Disciplinary Code" on myUnisa.
……………………………………………..….. (Signature)
ID number: ………………………………………………
Signed on …………………..… 2024 (Date) at ....................……………….. (Place).
HRECS83
ASSIGNMENT 03
, 1|Page
Contents
ABSTRACT..............................................................................................................................................3
CHAPTER 1.............................................................................................................................................4
1.1 Introduction.................................................................................................................................4
1.2. Context and Background.............................................................................................................4
1.3. Problem statement.....................................................................................................................4
1.4. Research Objectives....................................................................................................................5
1.5. Hypothesis...................................................................................................................................5
1.6. Significance of the study.............................................................................................................5
1.7. Outline of the study....................................................................................................................5
CHAPTER 2.............................................................................................................................................6
2. LITERATURE REVIEW..........................................................................................................................6
2.1.1 Purchasing Power Parity (PPP)..................................................................................................6
2.1.2 The Mundell-Fleming Model.....................................................................................................6
2.1.3 J-Curve Effect.........................................................................................................................7
2.1.4 Elasticity Approach....................................................................................................................7
2.2 Empirical Literature Review.........................................................................................................8
2.2 Conclusion..................................................................................................................................10
CHAPTER 3...........................................................................................................................................11
RESEARCH METHODOLOGY.................................................................................................................11
3.1. Model Specification and Estimation Technique........................................................................11
3.2. Discussion of Variables Used.....................................................................................................11
3.3. Data and Data Sources..........................................................................................................12
CONCLUSION........................................................................................................................................13
REFERENCES.........................................................................................................................................14
, 2|Page
DEPARTMENT OF ECONOMICS
Assignments 02 - 04
DECLARATION BY STUDENT
Title: ………………………………………………………………………
First name: ………………………………………………………………………
Last name:
………………………………………………………………
……… Student no:
………………………………………………………………
………
Telephone number: ………………………………………………………….….
E-mail: ……………………………………………………………………….….
I declare that:
● All particulars furnished on this form are true and correct;
● I have read TL101/0/2024;
● All assignments will be my original work and all sources used or quoted have been
indicated and acknowledged by means of complete and correct references;
● I have read the "Policy for Copyright Infringement and Plagiarism " and "Students'
Disciplinary Code" on myUnisa.
……………………………………………..….. (Signature)
ID number: ………………………………………………
Signed on …………………..… 2024 (Date) at ....................……………….. (Place).
