Introduction to Economics

University of South Africa

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Exam (elaborations)

ECS1500 EXAM PACK 2026 | UNISA Past Papers, Questions & Answers
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October 2025

2025/2026

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Introduction to Economics - ECS1500 Latest exam pack questions and answers and summarized notes for exam preparation. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 .
LIBRARYpro
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Essay

Essay Introduction To Economics
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May 2023

2022/2023

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Suppose an economy has 10,000 people who are not working but looking and available for work and 90,000 people who are working. What is its unemployment rate? Now suppose 4,000 of the people looking for work get discouraged and give up their searches. What happens to the unemployment rate? Would you interpret this as good news for the economy or bad news? Explain.
gingiwanda
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