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ECS2603 Assignment 3 Semester 1 Memo | Due April 2026

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ECS2603 Assignment 3 Semester 1 Memo | Due April 2026. All questions fully answered. Question 1 1. Provide the most recent figure for each of these five indicators and provide the source where it can be found (including a hyperlink). Also indicate why this indicator is important to understand the current economic situation. We provide one example from the article (you are not allowed to include our example in your answer). Your answer should be presented in the following table:

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 Question 1

1. Provide the most recent figure for each of these five indicators and provide the source where
it can be found (including a hyperlink). Also indicate why this indicator is important to
understand the current economic situation. We provide one example from the article (you are
not allowed to include our example in your answer). Your answer should be presented in the
following table:


No Economic Indicator Current/Most Where can this Why is this
recent value of indicator be indicator
indicator found? important?
(Indicate period
in brackets)
1 Real GDP Growth 0.5% (Quarter 1, Statistics South According to
2025 compared to Africa (Stats SA),Kantor (2025),
Quarter 1, 2024) Gross Domestic output has
Product (P0441), “stagnated” with
first quarter 2025growth of only
0.5% over four
quarters.
According to
Mohr (2025), real
GDP is the
broadest measure
of economic
activity and is
essential for
determining
whether the
economy is
expanding or
contracting, which
influences policy
and investment
decisions.
2 Household Consumption +3.1% (Quarter South African According to
Expenditure 1, 2025 compared Reserve Bank Kantor (2025),
to Quarter 1, (SARB) Quarterly household
2024) Bulletin, March consumption rose
2026, Table S‑119 by 3.1% but this
(KBP6007Y). was insufficient to
lift overall growth.
According to
Mohr (2025),
household
spending is the

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Uploaded on
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Written in
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