ECS3703
assignmen
ASSIGNMENT 2 Semester 1 2025
UNIQUE CODE:
Detailed Solutions, References & Explanations
DUE DATE: April 2025
Terms of use
By making use of this document you agree to:
Use this document as a guide for learning,
comparison and reference purpose,
Not to duplicate, reproduce and/or misrepresent the
contents of this document as your own work,
Fully accept the consequences should you plagiarise
or misuse this document.
Disclaimer
Extreme care has been used to create this
document, however the contents are provided “as
is” without any representations or warranties,
express or implied. The author assumes no
liability as a result of reliance and use of the
contents of this document. This document is to
be used for comparison, research and reference
purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or
by any means.
, 0688120934
PREVIEW
Question 1(a): Macroeconomic Policy under Flexible and Fixed Exchange Rate
Systems
(10 Marks)
Assuming that Sub-Saharan African countries are small open economies with perfect
capital mobility, the appropriate macroeconomic policy to achieve internal balance (e.g.
correcting unemployment or inflation) and external balance (maintaining a balanced
current account) depends on the type of exchange rate system in place.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is”
without any representations or warranties, express or implied. The author assumes no liability as
a result of reliance and use of the contents of this document. This document is to be used for
comparison, research and reference purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or by any means.
assignmen
ASSIGNMENT 2 Semester 1 2025
UNIQUE CODE:
Detailed Solutions, References & Explanations
DUE DATE: April 2025
Terms of use
By making use of this document you agree to:
Use this document as a guide for learning,
comparison and reference purpose,
Not to duplicate, reproduce and/or misrepresent the
contents of this document as your own work,
Fully accept the consequences should you plagiarise
or misuse this document.
Disclaimer
Extreme care has been used to create this
document, however the contents are provided “as
is” without any representations or warranties,
express or implied. The author assumes no
liability as a result of reliance and use of the
contents of this document. This document is to
be used for comparison, research and reference
purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or
by any means.
, 0688120934
PREVIEW
Question 1(a): Macroeconomic Policy under Flexible and Fixed Exchange Rate
Systems
(10 Marks)
Assuming that Sub-Saharan African countries are small open economies with perfect
capital mobility, the appropriate macroeconomic policy to achieve internal balance (e.g.
correcting unemployment or inflation) and external balance (maintaining a balanced
current account) depends on the type of exchange rate system in place.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is”
without any representations or warranties, express or implied. The author assumes no liability as
a result of reliance and use of the contents of this document. This document is to be used for
comparison, research and reference purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or by any means.
