Ecs2602 macroeconomics Study guides, Class notes & Summaries

ECS2602: LATEST Exam Pack - questions and answers from previous exam papers and revision notes!

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, investment, government spending. Explanation Government spending and money supply are the factors that are regarded as exogenous variables in the IS-LM model. The level of output and incom...

ECS2602-Macroeconomics II Latest Study Guide 2022. 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. In this module, the emphasis is mainly on developing your un...

Tutorial Letter 101/3/2021 Macroeconomics ECS2602 Semesters 1 and 2 Department of Economics Page 1 INTRODUCTION 3 2 PURPOSE AND OUTCOMES 4 2.1 Purpose 4 2.2 Outcomes 4 3 LECTURER(S) AND CONTACT DETAILS 5 3.1 Lecturer(s) 5 3.2 Department 5 3.3 University 5 4 RESOURCES 6 4.1 Prescribed book(s) 6 4.2 Recommended book(s) 6 4.3 Electronic reserves (e-reserves) 6 4.4 Library services and resources 6 5 STUDENT SUPPORT SERVICES 7 6 STUDY PLAN 11 ...

(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL

(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL(UNISA) ECS2602 INTERMEDIATE MACROECONOMICS COMPREHENSIVE FINAL

ECS2602 Only Study Guide Macroeconomics II. This is an all-inclusive guide to ECS2602 - Macroeconomics 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. In th...

ECS2602 -Macroeconomics ASSIGNMENT 3 ONLINE ASSESSMENT (SEMESTER 2 2018) POSSIBLE QUESTIONS AND SOLUTIONS. Question 1 of 15 This question is based on the following diagram of an IS-LM model for an open economy A decrease in government spending causes ... A. a decrease in the demand for goods and the level of output; a decrease in the demand for money and the interest rate; a depreciation of the domestic currency and the trade balance deteriorates as exports increases. B. a decrease in the...

ECS2602 EXAM PREP 2022 – Complete Questions & Answers. This is an all-inclusive and complete guide to ECS2602 - Macroeconomics. Autonomous consumption will ________________ while induced consumption is influenced by _________________. 1. decrease if income decreases the level of disposable income 2. increase if income increases non-income determinants of consumer spending 3. remain unchanged the level of disposable income 2018/1 1.4 2018/2 The difference between expenditure on the g...

ECS2602 Macroeconomics EXAM PACK 2022 (Complete Exam prep). ECS2602 TEST BANK Question 1 Which of the following statements is/are correct? a) In this module we only study the demand side of the economy which includes the goods market and the financial market. The labour market form part of the supply side analysis and are therefore excluded from this module. b) The two most important accounts of the balance of payments are the current account and the financial account. c) If total output d...