Ecs 2601 - Study guides, Class notes & Summaries
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MICROECONOMICS SEM 1 AND 2 2023
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Tutorial Letter 101/3/2023 
Microeconomics ECS 2601 Semesters 1 and 2 
Department of Economics
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ECS2601 ASSIGNMENT 01 SOLUTIONS, SEMESTER 1, 2022
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ECS2601 - Microeconomics Assignment 01 Solutions (100 %)
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ECS 2601 MICROECONOMICS TEXTBOOK SUMMARY.
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ECS 2601 MICROECONOMICS TEXTBOOK SUMMARY.ECS 2601 MICROECONOMICS TEXTBOOK SUMMARY.
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ECS2601 Assignment 1 (QUIZ) Semester 1 2023
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ECS2601 Assignment 1 (QUIZ) Semester 1 2023
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ECS 2601 Exam Memo
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QUESTION 1 (15 marks) 
In this question, write whether each statement is true or false. Fully explain your answer, 
using a diagram if appropriate. 
1.1 Michael only consumes two goods: X and Y. If X is a Giffen good for Michael, then Y must 
be a normal good for Michael. 
True. A Giffen good is an inferior good. Since Michael only consumes two 
goods, they cannot both be inferior goods. Therefore, Y is a normal good. 
(It is important to explicitly point out explicitly that Giffen goods are a s...
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Summary ECS2601 - Microeconomics Solution for Assignment 02 (2021) and LATEST Exam Pack
- Exam (elaborations) • 85 pages • 2021
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Summary ECS2601 - Microeconomics Solution for Assignment 02 (2021) and LATEST Exam Pack
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ECS 2601 MICROECONOMICS TEXTBOOK SUMMARY.
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ECS 2601 MICROECONOMICS TEXTBOOK SUMMARY.
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ECS 2601 MICROECONOMICS TEXTBOOK SUMMARY
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ECS 2601 MICROECONOMICS TEXTBOOK SUMMARY
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ECS 2601 MICROECONOMICS TEXTBOOK SUMMARY
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ECS 2601 MICROECONOMICS TEXTBOOK SUMMARY
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ECS 2601 MICROECONOMICS TEXTBOOK SUMMARY
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ECS 2601 MICROECONOMICS TEXTBOOK SUMMARY
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