Economics for South African Students

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Newest Economics for South African Students summaries

Summary

Principle of microeconomics Chapter 1 to 11 summary (MPME511) MID YEAR EXAM SOL PLAATJE
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May 2025

2024/2025
Introduction to Economics: Study Notes Organized, concise, and visually appealing notes for effective learning 1 What is Economics? • Definition: The study of how scarce resources are used to satisfy human wants. • Multiple Perspectives: – George Leland Bach: Study of how scarce resources satisfy human wants. – Michael Parkin: Social science studying choices by individuals, governments, and societies under scarcity. – Interaction of people with each other and their natural surr...
akwandedhladhla
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Exam (elaborations)

ECS1601 ASSIGNMENT 1 2025 SEMESTER 1 Thabo bought an iPhone 14 this week at one of the local malls. In which market did he purchase the phone? a. factor market b. goods market c. local market d. labour market Clear my choice Question 2 Not yet answered
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May 2025

2024/2025

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ECS1601 ASSIGNMENT 1 2025 SEMESTER 1 Thabo bought an iPhone 14 this week at one of the local malls. In which market did he purchase the phone? a. factor market b. goods market c. local market d. labour market Clear my choice Question 2 Not yet answered Marked out of 1.00 Flag question Question text ….…. is an example of a stock variable, while ………… is an example of a flow variable. a. Balance on savings account; assets b. Wealth; investment c. Profit; deman...
excelgateinstitute
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Exam (elaborations)

ECS1501 Latest EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS}
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May 2025

2024/2025

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ECS1501 Latest EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS}
LearnedWriter
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Summary

Economics for South African Students: Philip Mohr: 5th and 6th Edition Chapter 1 Summary
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January 2025

2024/2025
Economics for South African Students: Philip Mohr: 5th and 6th Edition ECS1501 ECS1601 Chapter 1 Summary
lkwssrfll
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Summary

Summary notes for Economics 1A - PMIC5112
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November 2024

2024/2025
These are in-depth study notes based on the textbook and lectures. They are neatly written and colour-coded. They cover Chapter 1 to Chapter 12 of Economics 1A - PMIC5112. (Micro-economics) These notes were written by an A+ student. The following Chapters and topics are included: Chapter 1: What Economics Is All About Chapter 2: Economic Systems Chapter 3: Production, income and spending Chapter 4: Demand, supply and price Chapter 5: Demand and Supply in Action Chapter 6: Elasticit...
jennakemm
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Summary

Chapter 2 and Chapter 3 of Economics 1A
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November 2024

2024/2025
These documents cover Chapter 2: Economic systems and Chapter 3: Production, Income, and Spending from Economics 1A (PMIC5111). They are summaries using both the textbook and lectures. They are neatly written and colour-coded, written by an A+ student.
jennakemm
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Exam (elaborations)

ECS1601 ASSIGNMENT 08 SEMESTER 2 2024 One of the objectives of the South African Reserve Bank is in ation targeting, and the in ation target for South Africa is between 3 and 6 per cent. There happens to be an excess demand for goods and services, which
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November 2024

2024/2025

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ECS1601 ASSIGNMENT 08 SEMESTER 2 2024 One of the objectives of the South African Reserve Bank is in ation targeting, and the in ation target for South Africa is between 3 and 6 per cent. There happens to be an excess demand for goods and services, which has led to an increase in the general price level, that is, in ation. If the in ation rate were above the target, it would be appropriate for the South African Reserve Bank to … a. buy government bonds. b. lower the interest rate l...
BMZAcademy
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Summary

Chapter 1 - What economics is all about
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November 2024

2024/2025
This document extensively covers the first learning unit of Economics 1A. It is summarised and colour-coded. These study notes were made by an A+ student.
jennakemm
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Exam (elaborations)

ECS1601 Assignment 7 (COMPLETE ANSWERS) 2024 - DUE 29 October 2024
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October 2024

2024/2025

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ECS1601 Assignment 7 (COMPLETE ANSWERS) 2024 - DUE 29 October 2024
EDUTHRIFT
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Exam (elaborations)

ECS1601 Assignment 7 (COMPLETE ANSWERS) 2024 - DUE 29 October 2024 - Course Economics IB (ECS1601)
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October 2024

2024/2025

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ECS1601 Assignment 7 (COMPLETE ANSWERS) 2024 - DUE 29 October 2024 - Course Economics IB (ECS1601) Question 1 (5 marks) Maximum word count: 100 words 1.1 Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between households, firms, government and the foreign sector, provide an explanation as to why it is better to purchase the pr...
masterstudy
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