Economics 1B (PMAC5112)
IIE Varsity College (VC)
Here are the best resources to pass Economics 1B (PMAC5112). Find Economics 1B (PMAC5112) study guides, notes, assignments, and much more.
5 results
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Summary
Economics 1B LU1 – Circular Flow & Major Economic Sectors | Comprehensive Study Guide 

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--114August 20262026/2027
- A comprehensive 14-page Economics 1B LU1 study guide covering the key concepts of the circular flow of income, production, income and spending, and the interdependence between households, firms, government, financial institutions and the foreign sector. 
 WHAT'S INCLUDED: 
• The three major economic flows: Production, Income & Spending 
• Why production, income and spending are interdependent 
• Total expenditure formula: C + I + G + (X − Z) 
• Stocks vs flows 
• Injections & leak...
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R87,33 More Info
michaelasteyn
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Summary
Economics 1B LU3 – Government & Public Sector | Comprehensive Study Guide
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--130August 20262026/2027
- A comprehensive 30-page study guide for Economics 1B LU3, designed to bring the key content from the two lecture decks together into one organised exam-preparation document. 
 WHAT'S INCLUDED: 
• Public sector & components of government 
• Efficiency, equity & market failure 
• Monopoly & imperfect competition 
• Public goods & the four types of goods 
• Externalities – negative & positive 
• Coase theorem 
• Asymmetric information 
• Common property resources & tragedy of t...
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R87,33 More Info
michaelasteyn
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Summary
Economics 1B (Macro) Full Summaries
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-572January 20252023/2024Available in bundle
- Includes summaries from learning units 1-11 of the 2023 module outline from Varsity College.
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R100,00 More Info
Chelbe21