Ecs1501 exam pack Study guides, Study notes & Summaries

Economics IA(ECS1501 Exam pack 2023) Questions and answers.

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ECS1501 Exam Pack and Notes 100+ questions and Correct answers 2023. 4 Study Unit 1 What Economics is all about Economics is a social science that studies how people use scarce resources to satisfy their unlimited wants. Microeconomics looks at this at an individual, household or firm level while Macroeconomics is a broader look which is an aggregate of all the individuals, households and firms in a given economy. The main aspects in Microeconomic theory are supply, demand, scarcity, c...

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ECS1501 EXAM PACK 2023

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ECS1501 EXAM PACK 2023

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