Study notes ecs1601 Study guides, Study notes & Summaries
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ECS1601. ASSESSMENT 1 SEMESTER 2 2023
- Exam (elaborations) • 28 pages • 2023
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ECS1601-23-S2 
Online assessments 
Assessment 1 
 
QUIZ 
Assessment 1 
Started on	Saturday, 19 August 2023, 2:43 PM 
State	Finished 
Completed on	Saturday, 19 August 2023, 3:14 PM 
Time taken	30 mins 14 secs 
Marks	28.00/40.00 
Grade	70.00 out of 100.00 
Question 1 
Complete 
Mark 2.00 out of 2.00 
Flag question 
Question text 
The circular flow model reveals that a decrease in South African imports will … . 
 
a. 
decrease South African imports 
 
b. 
increase ...
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ECS1601 FULL NOTES
- Summary • 96 pages • 2022
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Microeconomics studies the decisions of individuals and firms to allocate resources of production, exchange, and consumption. Microeconomics deals with prices and production in single markets and the interaction between different markets but leaves the study of economy-wide aggregates to macroeconomics
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Summary ECS1601 Summarised Study Notes
- Exam (elaborations) • 113 pages • 2023
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Summary ECS1601 Summarised Study Notes
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ECS1601 STUDY NOTES
- Class notes • 97 pages • 2021
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ECS1601 2021 UPDATED NOTES 
 
This document has a summary of notes that will help you to prepare for your upcoming 2021 October - November exam. Refer also to your trusted text books. Use previous exam papers, assignments memorandums, as well as group discussion. 
 
Best of luck.
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ECS1601 ASSIGNMENT 5 SEMESTER 2 2022
- Exam (elaborations) • 140 pages • 2022
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ECS1601 ASSIGNMENT 5 
SEMESTER 2 2022 
S - The study-notes marketplace 
Question 1 
Which of the following statements is correct? 
a. Restrictive fiscal and monetary policies are applied 
during periods of economic growth (boom). 
b. Fiscal policy entails changes in the interest rate. 
c. The impact lag is longer for fiscal policy than for 
monetary policy. 
d. The decision lag is shorter for fiscal policy than for 
monetary policy. 
Refer to section 9.3 of the prescribed textbook. 
Suppose that...
And that's how you make extra money
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Summary ECS1601 Summarised Study Notes
- Exam (elaborations) • 113 pages • 2023
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Summary ECS1601 Summarised Study Notes
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ECS1601 Assignment 3 Semester 1
- Exam (elaborations) • 40 pages • 2023
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Suppose government expenditure in South Africa is R10 billion while autonomous consumption and investment spending are R25 billion and R50 billion respectively. Autonomous 
exports are R100 billion and autonomous imports are R35 billion. Also, c = 0,85; t = 0,275 and m = 0,125. What is the equilibrium level of income in the economy? (Hint: at each step 
of your calculations, round off to 2 decimal places) 
a. R167.5 billion 
b. R365 billion 
c. R150 billion 
d. R295.5 billion 
Consider the f...
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ECS1601 - All-in-one
- Exam (elaborations) • 277 pages • 2021
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ECS1601 Summary, Breakdown of the Study Units & Revision (Q & A) S - The study-notes marketplace Downloaded by: sibsdlam | Distribution of this document is illegal S - The study-notes marketplace 1 ECS1601 Summary Downloaded by: sibsdlam | Distribution of this document is illegal S - The...
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ECS1601 2021 EXAM PACKS AND STUDY NOTES
- Exam (elaborations) • 156 pages • 2021
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ECS1601 2021 EXAM PACKS AND STUDY NOTES..............................................................................................................................................................continued
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ECS1601 STUDY NOTES
- Summary • 152 pages • 2022
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ECS1601 STUDY NOTES 2022
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