ECONOMICS ASSIGNM ENT

 

DATE:

Please refer to the Academic Calendar for the assignment submission dates.

TECHNICAL REQUIREMENTS AND ASSIGNMENT INSTRUCTIONS

Please ensure that your first name, surname, student number, the course code number and
total number of pages appear on the front cover of your assignment.

Assignments must be submitted online: by way ofthe ‘Assignment Submission’ link in this
subject’s area on Regenesys Online http://regenesys.co.za/online. Assignments may not be
submitted via email

You will find instructions on how to upload assignments in the Guide to Assignment Submission
and Compilation (which can be found at:

Regenesys Online>Courses>Guides>Guide to Assignment Submission and Compilation).

Please answerthis assignment according to the guidelines covered in the Assignment
Submission Guide (which can be found at Regenesys Online>Courses>Guides>Assignment
Submission and Compilation).

Please remember to include a completed Candidate Declaration of Authenticity
(Regenesys Online>Courses>Guides>Candidate Declaration of Authenticity).

We recommend that you start this assignment as soon as possible. You will then get a good idea
of the subject content early on in your studies.

Assignment Notes:

Full referencing of all sources including page numbers in in-text referencing is essential.

For example: (Gitman, 2010:15) in-text reference and then in your reference list
Gitman, L.J. (2010) Principles of Managerial Finance. Pearson Education: Cape Town.
Extensive and credible academic references are required to demonstrate that you have
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MASTER OF BUSINESS ADMINISTRATION

E CONOM ICS

A SSIGNM ENT

 

A SSIGNM ENT S UBM ISSION
D ATE :

Please refer to the Academic Calendar for the assignment submission dates.
T ECHNICAL R EQUIREM ENTS AND A SSIGNM ENT I NSTRUCTIONS

• Please ensure that your first name, surname, student number, the course code number and
total number of pages appear on the front cover of your assignment.
• Assignments must be submitted online: by way of the ‘Assignment Submission’ link in this
subject’s area on Regenesys Online http://regenesys.co.za/online. Assignments may not be
submitted via email
• You will find instructions on how to upload assignments in the Guide to Assignment Submission
and Compilation (which can be found at:
Regenesys Online>Courses>Guides>Guide to Assignment Submission and Compilation).
• Please answer this assignment according to the guidelines covered in the Assignment
Submission Guide (which can be found at Regenesys Online>Courses>Guides>Assignment
Submission and Compilation).
• Please remember to include a completed Candidate Declaration of Authenticity
(Regenesys Online>Courses>Guides>Candidate Declaration of Authenticity).
• We recommend that you start this assignment as soon as possible. You will then get a good idea
of the subject content early on in your studies.

Assignment Notes:

• Full referencing of all sources including page numbers in in-text referencing is essential.

For example: (Gitman, 2010:15) in-text reference and then in your reference list
Gitman, L.J. (2010) Principles of Managerial Finance. Pearson Education: Cape Town.

• Extensive and credible academic references are required to demonstrate that you have

© Regenesys Business School 1
researched the topics fully and that you can substantiate your arguments critically.

• Please respect the introduction, body, and conclusion format for answering questions.

Assessment Terminology:

Please ensure that you have a thorough understanding of the frequently-used terms in assessments.
For an explanation of assessment terminology, please go the Guide to Assignment Submission and
Compilation (Regenesys Online>Courses>Guides>Guide to Assignment Submission and
Compilation).

 
A SSIGNM ENT Q UESTIONS

QUESTION 1 [25 MARKS]

1.1 Explain the principles on which the ‘market economy’ is based. (10)

1.2 Critically evaluate the strengths and weaknesses of the ‘market economy’ as (15)
an economic model for emerging economies.

QUESTION 2 [35 MARKS]

2.1 Discuss the dangers of persistently high inflation on an economy. (10)

2.2 Choose any two macroeconomic policies and analyse how your government (10)
attempts to control inflation.

2.3 The British government has set their inflation target at 2%. Study the chart (15)
provided below. Using Britain as a case study, discuss the statement,
“Monetary policy cannot fully offset the effects of a financial crises”.

 

QUESTION 3 [20 MARKS]

3.1 The labour market is arguably one of the biggest challenges facing the South (15)
African economy. Using economic concepts, describe the labour market in
South Africa.

3.2 Critically evaluate South Africa’s key developmental challenges relating to its (5)
labour market.

QUESTION 4 [20 MARKS]

Using your own country as a case study, explain the reason for and importance of international
trade and globalisation.

Total Marks: 100