ECS 1601

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October/November 2001
Question 1
i. S, t, z
i. Price and BOP stability
Question 2
I. Interest and Income
II. Figure 15.2
Question 3
I. Page 405
II. Page 412
III. Page 524
Question 4
I. Page 435
II. Foreign exchange
III. Appreciated
IV. Increase
Question 5
Box 18.2
Question 6
I. Page 497
II. Figure 19.6
Section B
I. Opposite of figure 20.3
II. Increase in interest
Section C
1. 2 ECS101-6
2. 3 ECS101-6
3. 2
4. 2
5. 3
6. 3
7. 4
8. 4
9. 2
10. 1
11. 3
12. 5 not prescribe
13. 4
14. 4
15. 4

May/June 2001
Question 1
Table 15.2
Question 2
Figure 16.3
Question 3
Figure 17.1
Question 4
Figurer 19.4
Question 5
Opposite of figure 20.3
Question 6
Figure 21.2
Section B
(i) Page 497
(ii) Figure 19.6
Section C
1. 4 ECS101-6
2. 4 ECS101-6
3. 4 ECS101-6
4. 3
5. 5
6. 3
7. 3
8. 2
9. 4
10. 1
11. 2
12. 4
13. 3
14. 2
15. 4

ECS 1601

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October/November 1998
Question 1
A. Page 321
B. (i) Figure 15.2
(ii) increase
C. X and Z
D. (i) decrease
(ii) no effect
E. 500 x 4 = 2000
F. Page 520
Question 2
A. (i) interest rate and Ms
(ii) Page 375
(iii) Page 377
(iv) tax
B. Table 17.4
C. Figure 18.8
D. Box 18.4
E. Page 534
Section B
1. 2 ECS101-6
2. 3 ECS101-6
3. 1
4. 5
5. 4
6. 2
7. 4
8. 4
9. 5
10. 1
11. 4
12. 2
13. 1
14. 2
15. 3
16. 4
17. 2
18. 1
19. 5
20. 5

May/June 2000
Question 1
Figure 14.10 ECS101-6
Question 2
Figure 15.2
Question 3
Page 406
Question 4
Figure 18.8
Question 5
Figure 21.1
Question 6
Figure 21.2
Section B
Page 497
Section C
1. 2 ECS101-6
2. 3 ECS101-6
3. 3
4. 4
5. 5
6. 4
7. 3
8. 1
9. 1
10. 2
11. 4
12. 3
13. 4
14. 2
15. 5

ECS 1601
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October/November 2000
October/November 2002
Question 1
Question 1
Page 361
Page 320 ECS101-6
Question 2
Page 371

Question 2
Figure 15.2 shifts to the right

Question 3
Page 406

Question 3
Figure 17.4

Question 4
Opposite of page 445

Question 4
Page 403

Question 5
(i) Figure 18.3
(ii) Figure 18.4

Question 5
Page 468

Question 6
Page 521
Section B
Page 474
Section C
1. 4 ECS101-6
2. 4 ECS101-6
3. 3
4. 1
5. 5
6. 4
7. 2
8. 3
9. 1
10. 5
11. 5
12. 3
13. 1
14. 5
15. 5

Question 6
Opposite of Figure 19.4
Question 7
Figure 20.6
Question 8
Figure 20.4
Section B
1. 3
2. 5
ECS101-6
3. 1
ECS101-6
4. 3
5. 4
6. 4
7. 1
8. 2
9. 4
10. 3
11. 1
12. 5
13. 3
14. 3
15. 5
16. 1
17. 4
18. 2
19. 5 not prescribe
20. 2
21. 1
22. 5
23. 1
24. 4
25. 5

ECS 1601

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October/November 1999
Question 1
a.(i) Page 320 ECS101-6
(ii) Page 320 ECS101-6
b. Table 17.4
c. (i) Figure 19.6
(ii) Multiplier
d. (i) Page 470
(ii) Figure 18.4
e. Opposite of Figure 20.3
Question 2
a. Figure 15.2
b. Opposite of Figure 19.8 (b)
c. Figure 22.3 not prescribe
d. Figure 16.3
e. (i) Demand Pull
(ii) Figure 21.4
Section B
1. 1 ECS101-6
2. 5
3. 5
4. 4
5. 4
6. 3
7. 4
8. 2
9. 2
10. 3
11. 3
12. 3
13. 5
14. 2
15. 5
16. 3
17. 3
18. 3
19. 4
20. 5

May/June 2002
Question 1
Page 318 ECS101-6
Question 2 ECS101-6
Figure 14.10
Question 3
Table 15.2
Question 4
(i) Opposite of figure 15.2
(ii) Figure 15.1 (c) move to the
left
Question 5
Page 497
Question 6
Opposite of figure 17.4
Question 7
Box 18.2
Question 8
Page 468
Question 9
Opposite of figure 19.4
Question 10
Opposite of figure 21.2
Question 11
Figure 23.1
Section B
1. 5

12.3

23.5 not prescribe

2. 4

13. 3

24. 1

3. 4 ECS101-6 14. 4
4. 4

15. 5

5. 3

16. 4

6. 2

17. 2

7. 2

18. 3

8. 2

19. 5

9. 3

20. 1

10. 1

21. 5

11. 3

22. 5

25. 3

ECS 1601

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May/June 2009
Question 1
i) page 52
ii) page 71
iii) page 354

October/November 2010
Question 1
i) page 510
ii) page 510
iii) page 363

Question 2
i) Figure 19.4
ii) a)-c) Figure 16.3
iii) a)-c) Figure 17.1
iv) Figure 15.2 shift right

Question 2
i) Figure 15.2 shift left
ii)Figure 17.4 shift right

Question 3
i) (210x9)+(320x5)
ii) ((300-280)/280) *100
iii) ((135-125)/125) *100
iv) 1/4
Y=Ax
=(100+200+250-50) * 1/(1-3/4)
=2000
Tax Income G = Budget
surplus
(1500x20%) -250 = 50
Question 4
i) Page 359
ii) table 17.4
iii)Page 432
iv) Page 433
v)Page 411
vi)Page 436
vii) Page 486

Question 3
i) C=250+6/8(1-1/3)Y
ii)2
iii) 1,5
iv)decreases
v)700
vi) 1050
vii) 300
Question 4
i) Table 15.2
ii)opportunity cost is:
43
13
iii) c(1-t)Y
iv) Box 20.1
v)figure 20.6
Section B
1) 4
2) 1
3) 3
4) 1
5) 3
6) 2
7) 2
8) 2
9) 3
10) 2
11) 3
12) 2
13) 4
14) 4

ECS 1601

May/June 2010
Section A
Question 1
i) Page 356
ii) 332
Question 2
i) Figure 20.6
ii) Figure 16.2
Question 3
i) 90
ii) Study Guide
iii) Study Guide
Question 4
i) Box 15.4
ii) Table 17-4
iii) Figure 20.6
iv) Figure 19.2
v) Page 485 - 486
Section B
1) 2
2) 4
3) 2
4) 2
5) 4
6) 3
7) 1
8) 2
9) 3
10) 3
11)

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15) 2
16) 3
17) 3
18) 2
19) 2
20) 2
21) 3
22) 1
23) 1
24) 4
25) 1
26) 2
27) 1
28) 2
29) 1
30) 3
31) 2
32) 4
33) 1
34) 3
35) 3
36) 1
37) 1
38) 3
39) 3
40) 2