UNISA | ECS2601 Microeconomics | Assignment 1 2026
UNISA ECS2601 MICROECONOMICS ASSIGNMENT 1 ANSWERS 2026 |
CONSUMER CHOICE THEORY, BUDGET ANALYSIS, ELASTICITY & MARKET
MECHANISMS | DETAILED SOLUTIONS WITH DIAGRAMS
UNIVERSITY OF SOUTH AFRICA
College of Economic and Management Sciences
ECS2601
MICROECONOMICS
ASSIGNMENT 1
Module Code ECS2601
Module Name Microeconomics
Assignment Assignment 01 — Semester 1, 2026
Consumer Choice Theory | Budget Analysis | Elasticity | Market
Topics Covered
Mechanisms
Total Marks 100 Marks
Student Name
Student Number
Date Submitted
ECS2601 Assignment 1 — Strictly Confidential Page ...
,UNISA | ECS2601 Microeconomics | Assignment 1 2026
ECS2601 Assignment 1 — Strictly Confidential Page ...
, UNISA | ECS2601 Microeconomics | Assignment 1 2026
SECTION A: INSTRUCTIONS & ASSESSMENT GUIDELINES
General Instructions
• This assignment contributes 20% towards your final module mark.
• Answer ALL questions in ALL sections.
• Show ALL workings — marks are allocated for method, not only final answers.
• Where graphs are required, label ALL axes, curves, and equilibrium points clearly.
• Write neatly and legibly. Illegible answers will not be marked.
• Submit via myUnisa before the due date. Late submissions will not be accepted.
• Academic integrity: This is an individual assessment. Plagiarism will result in disciplinary
action.
Mark Allocation Summary
Section Topic Questions Marks
B Consumer Choice Theory 1–3 30
C Budget Analysis 4–5 25
D Elasticity 6–7 25
E Market Mechanisms 8–9 20
TOTAL 9 100
ECS2601 Assignment 1 — Strictly Confidential Page ...
UNISA ECS2601 MICROECONOMICS ASSIGNMENT 1 ANSWERS 2026 |
CONSUMER CHOICE THEORY, BUDGET ANALYSIS, ELASTICITY & MARKET
MECHANISMS | DETAILED SOLUTIONS WITH DIAGRAMS
UNIVERSITY OF SOUTH AFRICA
College of Economic and Management Sciences
ECS2601
MICROECONOMICS
ASSIGNMENT 1
Module Code ECS2601
Module Name Microeconomics
Assignment Assignment 01 — Semester 1, 2026
Consumer Choice Theory | Budget Analysis | Elasticity | Market
Topics Covered
Mechanisms
Total Marks 100 Marks
Student Name
Student Number
Date Submitted
ECS2601 Assignment 1 — Strictly Confidential Page ...
,UNISA | ECS2601 Microeconomics | Assignment 1 2026
ECS2601 Assignment 1 — Strictly Confidential Page ...
, UNISA | ECS2601 Microeconomics | Assignment 1 2026
SECTION A: INSTRUCTIONS & ASSESSMENT GUIDELINES
General Instructions
• This assignment contributes 20% towards your final module mark.
• Answer ALL questions in ALL sections.
• Show ALL workings — marks are allocated for method, not only final answers.
• Where graphs are required, label ALL axes, curves, and equilibrium points clearly.
• Write neatly and legibly. Illegible answers will not be marked.
• Submit via myUnisa before the due date. Late submissions will not be accepted.
• Academic integrity: This is an individual assessment. Plagiarism will result in disciplinary
action.
Mark Allocation Summary
Section Topic Questions Marks
B Consumer Choice Theory 1–3 30
C Budget Analysis 4–5 25
D Elasticity 6–7 25
E Market Mechanisms 8–9 20
TOTAL 9 100
ECS2601 Assignment 1 — Strictly Confidential Page ...
