ECS1601
ASSIGNMENT 7 2025
UNIQUE NO.
DUE DATE: 2025
, ECS1601 Assessment 07 Practice
Assessment type: Questions requiring written answers and calculations.
Examiner(s): ECS1601 lecturers
Total: 40 marks
Information:
• This paper consists of four (4) questions.
• It is based on the learning units in your prescribed Economics 1B study
material.
• The total mark for this paper is 40.
• The maximum word count and mark for each question are shown in brackets.
• Calculators may be used.
Instructions:
• Read each question carefully before you start to answer it.
• Check your answers if you have time at the end.
• Answer ALL the questions.
• For the calculation questions, round off all answers to two (2) decimal places,
where applicable.
• Show all your calculations, where applicable.
• Your assessment must be typed, using the following specifications:
- font: Arial
- font size: 12
- line spacing: 1.5
- Include the word count in your document, as shown below. Please do not
exceed the permitted word count.
- The sections that exceed the permitted word count will not be marked.
• If you are unable to draw graphs and type formulas directly in a Word
document, feel free to draw and write them on a clean piece of paper. You
can then take (a) photograph(s) and insert it/them into your assessment Word
document.
• Save your answer document as a PDF file. DO NOT submit or upload a Word
document.
• Upload only one PDF document containing the answers to all four questions.
Submit your answer using the following format.
ASSIGNMENT 7 2025
UNIQUE NO.
DUE DATE: 2025
, ECS1601 Assessment 07 Practice
Assessment type: Questions requiring written answers and calculations.
Examiner(s): ECS1601 lecturers
Total: 40 marks
Information:
• This paper consists of four (4) questions.
• It is based on the learning units in your prescribed Economics 1B study
material.
• The total mark for this paper is 40.
• The maximum word count and mark for each question are shown in brackets.
• Calculators may be used.
Instructions:
• Read each question carefully before you start to answer it.
• Check your answers if you have time at the end.
• Answer ALL the questions.
• For the calculation questions, round off all answers to two (2) decimal places,
where applicable.
• Show all your calculations, where applicable.
• Your assessment must be typed, using the following specifications:
- font: Arial
- font size: 12
- line spacing: 1.5
- Include the word count in your document, as shown below. Please do not
exceed the permitted word count.
- The sections that exceed the permitted word count will not be marked.
• If you are unable to draw graphs and type formulas directly in a Word
document, feel free to draw and write them on a clean piece of paper. You
can then take (a) photograph(s) and insert it/them into your assessment Word
document.
• Save your answer document as a PDF file. DO NOT submit or upload a Word
document.
• Upload only one PDF document containing the answers to all four questions.
Submit your answer using the following format.
