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ECS2606 EXAM PACK 2023 - DISTINCTION GUARANTEED

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Well-structured ECS2606 EXAM PREPARATION PACK - DISTINCTION GUARANTEED. Contains recent exam questions and answers, and Summarised study notes. All you need to pass the OCTOBER NOVEMBER 2023 EXAMS

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  • 24 octobre 2023
  • 162
  • 2023/2024
  • Examen
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ECS2606
EXAM PACK
 Recent exam questions and answers
 Summarised study notes
 Exam tips and guidelines


DISCLAIMER & TERMS OF USE
1. Educational Aid: These study notes are designed to serve as educational aids and should not be considered as a
substitute for individual research, critical thinking, or professional guidance. Students are encouraged to
conduct their own extensive research and consult with their instructors or academic advisors for specific
assignment requirements.
2. Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the
information provided in these study notes, the seller cannot guarantee the completeness or correctness of all
the content. It is the responsibility of the buyer to verify the accuracy of the information and use their own
judgment when applying it to their assignments.
3. Academic Integrity: It is crucial for students to uphold academic integrity and adhere to their institution's
policies and guidelines regarding plagiarism, citation, and referencing. These study notes should be used as a
tool for learning and inspiration, but any direct reproduction of the content without proper acknowledgment and
citation may constitute academic misconduct.
4. Limited Liability: The seller of these study notes shall not be held liable for any direct or indirect damages,
losses, or consequences arising from the use of the notes. This includes, but is not limited to, poor grades,
academic penalties, or any other negative outcomes resulting from the application or misuse of the information
provided.

,UNIVERSITY EXAMINATIONS




May/June 2023

ECS2606

Environmental Economics

100 Marks
𝟏𝟏
Duration: 2 Hours
𝟐𝟐

First Examiner: Dr I. Maloma
Second Examiner: Ms. L. Nesongozhe

CONFIDENTIAL

This paper consists of 5 pages.


Instructions:

1. Submit your answers as a single document in PDF format. It is preferable for you to
type your answers (Font: Arial 12) and then convert your document to PDF format for
submission. However, if this is not possible, you may also write your answers down
and scan them to a PDF file. Please write legibly.
2. Start with a cover page stating the module code, ECS2606, and your student
number.
3. Make sure that each question is clearly numbered.
4. While you are not required to cite your sources, this does not mean that you can simply
copy information from any source. You need to answer the questions in your own
words. Plagiarism will not be tolerated and may result in disciplinary action if detected.
5. Please ensure that you submitted a declaration of honesty on myUnisa.
6. Please ensure that your PDF document is NOT encrypted to a ``secured’’ mode and
that it is NOT password protected as these files cannot be marked. Virus infected files
will also not be marked.
7. Submit your answers in one PDF document by using the Assessment Info tool on
myUnisa.

, Page 2 of 5 ECS2606
CONFIDENTIAL May/Jun 2023

INSTRUCTIONS ON THE DAY OF ASSESSMENT:

Ensure you are connected to the internet in order to log into the YOUR EXAM QR CODE & EXAM
Invigilator App and scan this QR code. ACCESS CODE

If you encounter difficulty in scanning the QR code, you can
alternatively enter the Exam Access Code below the QR code
to start the invigilation.

Unless otherwise specified by your institution, note that you can
only scan this QR code once. If your assessment has multiple
online sections, tests or attempts, you should NOT finish the
invigilation until your entire assessment has been completed.

Only scan the QR code when the assessment formally commences.

The QR code is only scannable for a limited time and it Exam Access Code: e2c1f469
should therefore be scanned as soon as possible to start
the invigilation.

Once the QR code is scanned, ensure your media volume Is
turned up and place your smartphone next to you. The
Invigilator App will notify you with a notification beep when you
are required to action a request, which you should then
perform.

We recommend that you keep your smartphone on charge for the duration of the assessment.

If you only have one device you may access your assessment in the application by pressing the ‘Access Exam’
button in the top right corner of your app.

Keep the Invigilator App open on your cell phone for the full duration of the assessment. You are not
allowed to minimise or leave the app.

Ensure you are connected to the internet in order to commence the invigilation as well as at the end of the
assessment. No internet connection is required during the assessment.

You have to adhere to the assessment time limit communicated to you by your institution as the time
displayed in the Invigilator App could differ from the time allocated to complete your assessment.

You can click the "Finish Assessment" button in the app if you finish your assessment early.

If you are performing a written or Scan-and-Upload assessment:


The Invigilator App may request you to take a picture of every page of your answer sheet at the end of the
assessment. Unless otherwise specified by your institution, this does NOT replace the normal upload of
your script to your institutions online portal

After completing invigilation and following all app instructions, you must upload your Invigilation App data. If
however there is a delay in the upload of the app data at the end of the assessment, you should prioritise the
upload of your script to your university portal and you can temporarily minimise the app to do so. Uploading of
app data is not time sensitive and you can come back and do it after you have successfully uploaded your script
to the exam portal.

Should you encounter any technical difficulty, please WhatsApp The Invigilator Helpdesk on 073 505 8273.

, Page 3 of 5 ECS2606
CONFIDENTIAL May/Jun 2023



Section A (50 marks)
Answer ALL the Questions


Question 1
1. Positive economics is the study of _____________.
(a) what will be
(b) what is
(c) beneficial economic outcomes
(d) economic outcomes that are most likely [2]


2. ___________ would include a study of what the economic penalties for water
pollution should be.
(a) Normative economics
(b) Legal economics
(c) Judicial economics
(d) Market economics
[2]


3. An accidental oil spill is an example of a(n) ________ emission while municipal
treated wastewater is an example of a(n) ________ emission.
(a) continuous; episodic
(b) global; local
(c) point source; nonpoint source
(d) episodic; continuous [2]




Refer to the Table below and answer the question that follows:


Production Plant A Plant B
Level Marginal Cost Marginal Cost
(Widgets/Week)
0 R -- R --
20 R7.50 R4.50
38 R9.00 R4.00
50 R12.00 R8.00
62 R18.00 R9.00
80 R26.00 R12.00
100 R36.00 R15.00

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