ECS2604_ExamJuneJuly_2021 .

UNIVERSITY EXAMINATIONS June/July 2021 ECS2604 Labour Economics 100 Marks Duration: 4 Hours First examiner: Dr T Rametsi Second examiner: Mrs VL Sekokoi CONFIDENTIAL This paper consists of nineteen (19) pages. Instructions: (1) Once you have completed your answers submit it as a single document in PDF format using the eAssessment tool on the myExams portal. It is preferable for you to type your answers (Font: Arial 12) and then convert your document to PDF format for submission. However, if this is not possible, you may also write your answers down and scan them to a PDF file. Please write legibly. (2) Start with a cover page stating the module code, ECS2604, and your student number. (3) This should be followed by your answers to the questions. Note that all questions are compulsory. There are no elective questions. (4) Make sure that each question is clearly numbered. (5) While you are not required to cite your sources, this does not mean that you can simply copy information from any source. You need to answer the questions in your own words and draw your own diagrams. Plagiarism will not be tolerated and may result in disciplinary action if detected. (6) Please ensure that you submitted the declaration of honesty on myUnisa. (7) Please ensure that your PDF document is NOT encrypted to a “secured” mode and that it is NOT password protected as these files cannot be marked. Virus infected files will also not be marked. Page 2 of 21 ECS2604 CONFIDENTIAL Jun/Jul 2021 SECTION A 40 MARKS Answer ALL the questions in this section. SUB-SECTION A1 QUESTION 1 a) Use the table below to calculate the labour absorption capacity. (4) Year Labour force Number of employed in formal sector Read the statement below and answer the question that follows. EFF leader Julius Malema has called on the SA government to not do away with the unemployment income grant introduced to mitigate the impact of Covid-19 but rather increase it to R1,000 “if you want peace in this country”. Page 3 of 21 ECS2604 CONFIDENTIAL Jun/Jul 2021 b) Assuming that you are a labour economist, how would you advise the SA government. Elaborate. (6)