ECS2602 Macroeconomics (ECS2602)
University of South Africa
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ECS2602-MACROECONOMICS ASSIGNMENT 2 SEMESTER 1 27 MARCH 2019.
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ECS2602-MACROECONOMICS ASSIGNMENT 2 SEMESTER 1 27 MARCH 2019. ignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the 
university before the due date. Answer all questions on a mark-reading sheet. 
1. Which of the following are fully exogenous variables in the IS-LM model? 
1. Level of output, interest rate, investment, consumption spending. 
2. Government spending, taxation, money supply, marginal propensity to consume. 
3. Interest rate, demand for m...
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ECS2602 ASSIGNMENT 3 – ONLINE ASSESSMENT (SEMESTER 2 – 2018) POSSIBLE QUESTIONS AND SOLUTIONS.
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ECS2602 ASSIGNMENT 3 – ONLINE ASSESSMENT (SEMESTER 2 – 2018) POSSIBLE QUESTIONS AND SOLUTIONS. 
Question 1 of 15 
This question is based on the following diagram of an IS-LM model for an open economy 
A decrease in government spending causes ... 
A. a decrease in the demand for goods and the level of output; a decrease in the demand for money and the 
interest rate; a depreciation of the domestic currency and the trade balance deteriorates as exports 
increases. 
B. a decrease in the demand ...
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ECS2602 -MACROECONOMICS ASSIGNMENT 1 SEMESTER 1 – 2019.
- Exam (elaborations) • 14 pages • 2022
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ECS2602 -MACROECONOMICS ASSIGNMENT 1 SEMESTER 1 – 2019. 
Answer all questions on a mark-reading sheet. 
1. Which of the following statements are correct? 
a. In this module we only study the demand side of the economy, which includes the goods market and the financial 
market. The labour market forms part of the supply side analysis and is therefore excluded from this module. 
b. Gross domestic product (GDP) is the total value of all goods and services produced within the boundaries of a 
cou...
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ECS2602-MACROECONOMICS ASSIGNMENT 2 SEMESTER 1 – 2019.
- Exam (elaborations) • 22 pages • 2022
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ECS2602-MACROECONOMICS ASSIGNMENT 2 SEMESTER 1 – 2019. 
This assignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the 
university before the due date. Answer all questions on a mark-reading sheet. 
1. Which of the following are fully exogenous variables in the IS-LM model? 
1. Level of output, interest rate, investment, consumption spending. 
2. Government spending, taxation, money supply, marginal propensity to consume. 
3. Interest rate, demand f...
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ECS2602 SUMMARY 2022/2023
- Exam (elaborations) • 131 pages • 2022
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ECS2602 SUMMARY 
2022/2023 
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 – that is, 
the effects ...
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ECS2602 Assignment 1 Semester 2 2022
- Exam (elaborations) • 36 pages • 2022
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ECS2602 Assignment 1 Semester 2 2022.100% TRUSTED workings, explanations and solutions. Whatsapp 7 for assistance.
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ECS2602 Assignment 1 Semester 2 2022
- Exam (elaborations) • 36 pages • 2022
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ECS2602 Assignment 1 Semester 2 2022.100% TRUSTED workings, explanations and solutions. Whatsapp 7 for assistance.
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ECS2602 Assignment 1 Semester 2 2022
- Exam (elaborations) • 36 pages • 2022
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ECS2602 Assignment 1 Semester 2 2022.100% TRUSTED workings, explanations and solutions. Whatsapp 7 for assistance.
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ECS2602 EXAM STUDY PACK 2022
- Exam (elaborations) • 282 pages • 2022
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ECS2602 EXAM STUDY PACK 2022. ECS2602 - Macroeconomics 
In the goods market model a decrease in taxes will result in … 
a) an increase in autonomous consumption. 
b) an increase in disposable income. 
c) an increase in income. 
d) a decrease in induced consumption. 
1) a, b and c 
2) a, b and d 
3) b, c and d 
4) a, c and d 
5) None of the options 1 to 4 (correct option is 5.) 
Explanation 
A decrease in taxes increases disposable income and consequently induced consumption spending 
increases...
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ECS2602 Assignment 2 (QUIZ) Semester 1 2023
- Exam (elaborations) • 36 pages • 2022
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ECS2602 Assignment 2 (QUIZ) Semester 1 2023 
ECS2602 Assignment 2 (QUIZ) Semester 1 2023
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