ECS1501 - Economics
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ASSIGNMENTS 
8.1 FIRST SEMESTER ASSIGNMENTS 
ASSIGNMENT 01 
UNIQUE NUMBER 596962 
Due date: 
Content: 
Weight: 
Submit: 
19 February 2018 
Learning units 1 to 3 
10% of your semester mark 
Via myUnisa or on a mark-reading 
sheet 
This assignment was compiled by Thabang Malatji. 
1.1 Which one of the following statements is incorrect? 
[1] Economics is the study of money. 
[2] Economics is concerned with scarcity 
[3] Economics can be described as the study of choice. 
[4] Economics attempts to s...