Ecs2602 study guide - Study guides, Study notes & Summaries
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ECS2602 SUMMARY STUDY NOTES
- Summary • 132 pages • 2022
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ECS2602 SUMMARY STUDY NOTES. This is a complete and an all-inclusive guide to ECS2602 SUMMARY STUDY NOTES. 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 in...
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ECS2602-Macroeconomics II Latest Study Guide 2022.
- Exam (elaborations) • 187 pages • 2022
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ECS2602-Macroeconomics II Latest Study Guide 2022. Macroeconomics deals with the economy as a whole and not the behaviour and decisions 
of individual consumers, households and firms, as in microeconomics. Furthermore, 
macroeconomics involves determining and exploring the relationship between aggregate 
concepts (variables), and not determining the prices of individual goods and services 
through the interaction of demand and supply. 
In this module, the emphasis is mainly on developing your un...
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ECS2602 Only Study Guide Macroeconomics II
- Other • 187 pages • 2022
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ECS2602 Only Study Guide Macroeconomics II. This is a complete and an all-inclusive guide to ECS2602 Only Study Guide Macroeconomics II.
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ECS2602 Only Study Guide Macroeconomics II
- Exam (elaborations) • 187 pages • 2022
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ECS2602 Only 
Study Guide 
Macroeconomics II. This is an all-inclusive guide to ECS2602 - Macroeconomics 
Macroeconomics deals with the economy as a whole and not the behaviour and decisions 
of individual consumers, households and firms, as in microeconomics. Furthermore, 
macroeconomics involves determining and exploring the relationship between aggregate 
concepts (variables), and not determining the prices of individual goods and services 
through the interaction of demand and supply. 
In th...
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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-MACROECONOMICS ASSIGNMENT 2 SEMESTER 1 27 MARCH 2019.
- Exam (elaborations) • 22 pages • 2022
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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 SUMMARY STUDY NOTES 2022
- Summary • 132 pages • 2022
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ECS2602 
SUMMARY 
 STUDY 
 NOTES 
 2022. This is an all-inclusive guide to ECS2602 - Macroeconomics 
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. Producti...
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ECS 2602 assignment-answers.
- Exam (elaborations) • 49 pages • 2021
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Dear student 
Let us formally welcome you to the Macroeconomics module and wish you well in all your endeavours. 
Please take note of our contact telephone numbers. 
Listed below are the contact details of the lecturers responsible for the module. 
Name of lecturer Email address 
Telephone number 
(Inside SA) 
Telephone number 
(Outside SA) 
Mrs T Uys 012 433 4702 +27 12433 4702 
Mrs S Kennedy-Palmer 012 433 4666 +27 12433 4666 
Kindly direct content-related queries to your e-tutor on the disc...
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ECS2602 SUMMARY STUDY NOTES 2022
- Exam (elaborations) • 132 pages • 2022
-
- R65,14
- + learn more
ECS2602 SUMMARY STUDY NOTES 2022. 
This is a complete and an all-inclusive guide to ECS2602 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 importan...
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