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ECS2602 - Macroeconomics SUMMARY STUDY NOTES 2022. Learning unit 1: An overview of the South African Macroeconomic Environment Economic growth - Economic growth takes place when the total output (production) of goods and services in an economy increases. It is traditionally defined as the annual rate of increase in total output (production) or income in the economy. This definition has to be qualified in two important respects. 1. Production, or income should be measured in real terms ...

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Contains latest exam study notes for Macroeconomics covering all Chapters (Summary for Global and Southern African Perspectives textbook, will help prepare for exam)

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Tutorial Letter 101/3/2023 Microeconomics ECS 2601 Semesters 1 and 2 Department of Economics Page 1 INTRODUCTION 3 2 PURPOSE AND OUTCOMES 3 2.1 Purpose 3 2.2 Outcomes 4 3 LECTURER(S) AND CONTACT DETAILS 4 3.1 Lecturer(s) 4 3.2 Department 4 3.3 University 5 4 RESOURCES 5 4.1 Prescribed book(s) 5 4.2 Recommended book(s) 6 4.3 Electronic reserves (e-reserves) 6 4.4 Library services and resources information 6 5 STUDENT SUPPORT SERVICES 6 ...