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ECS2601 Study Notes 2018

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These study notes are a summarized version of the UNISA subject ECS2601 (Microeconomics), written by our Together We Pass lecturers. This module entails insight into the behaviour of consumers and producers in the economy by studying demand and supply and its price sensitivity; consumer behaviour; production; and the operation of different markets.

Content included:

  • Supply and Demand;
  • Elasticity;
  • Consumer Behavior;
  • Individual and Market Demand;
  • Production and the Cost of Production;
  • Profit Maximization and Competitive Supply;
  • Market Power;
  • Monopolistic Competition and Oligopolies;
  • Analysis of Competitive Markets.

 

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Description

Microeconomics – ECS2601

Under Graduate Degree Semester module NQF level: 6 Credits: 12
Module presented in English
Pre-requisite: ECS1501 (ECS1016)
Purpose: To gain insight into the behaviour of consumers and producers in the economy by studying demand and supply and its price sensitivity; consumer behaviour; production; and the operation of different markets such as perfect competition, monopoly, monopolistic competition and oligopoly.

Source: UNISA

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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