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ECS2606 Assignment 1 Due 12 March 2026 - Distinction Guaranteed

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This is a complete ECS2606 Assignment 1 (Due 12 March 2026) - Distiction Guaranteed, UNISA.

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University Of South Africa (Unisa)
Course
ECS2606 (ECS2606)

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ECS2606
ASSIGNMENT 1
DUE DATE: 12 MARCH 2026

,ECS2606 ASSIGNMENT 1 2026

DUE 12 MARCH 2026




1. Describe and diagrammatically illustrate the impact of introducing a new
plant/equipment on materials balance principle.



(a) The Materials Balance Principle

The materials balance principle states that

What goes into the economic system as raw materials must come out either as useful
products or as waste (residuals).

Nothing disappears. Matter is conserved. When firms introduce new plant or equipment,
it changes how materials flow through the production process.

, (b) Basic Materials Flow (Before New Equipment) ↓
Raw Materials - Production Process - Output (Goods)




Residuals (Waste, Emissions)

Inputs: energy, water, minerals, fuel

Outputs: goods + pollution (air, water, solid waste)



(c) Impact of Introducing New Plant/Equipment

When new technology or equipment is introduced, it affects

Efficiency of raw material use

Amount of residuals (waste)

Energy consumption
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