ECS1501 Notes 2018

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These study notes are a summarized version of the UNISA subject ECS1501(Economics 1A), written by our Together We Pass lecturers. This module entails summaries of all the relevant topics such as the economic systems in South Africa as well as content pertaining to supply and demand.

Content included:

  • The Economic System;
  • The Mixed Economy;
  • Demand & Supply;
  • Elasticity;
  • The Utility Approach as well as the Production and Cost theory;
  • Market Structure & the Labour Market.

Disclaimer: Together We Pass does not hold a collaboration agreement with UNISA, hence any reference to codes is a reference to official UNISA codes. TWP provides Study Notes and Study Groups to UNISA students that are written by TWP’s qualified lecturers.

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Economics IA – ECS1501

Under Graduate Degree,Diploma Semester module NQF level: 5 Credits: 12
Module presented in English
Purpose: To gain insight into how the basic economic problem is solved in different economic systems, how economic activity is measured and how prices are determined through decisions made by individual households and firms under conditions of perfect and imperfect competition.

Source: UNISA


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