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ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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You are an economic consultant at Eco Xce. Recently your excellent consulting work has been
noticed by your boss. She is now considering you for a promotion, as you have displayed an
excellent knowledge and understanding of the world of macroeconomics! Congratulations!
To make a final decision about the promotion, your boss has asked you to prepare an in‐depth
report on the state of the South African economy. This report must clearly demonstrate your
understanding of the goals and objectives of a macroeconomy and the extent to which the South
African economy is or is not reaching the following goals and objectives:
Economic Growth
 Full employment
 Price stability
 External stability
 Equitable distribution of income
You will need to demonstrate a clear understanding of the importance of each of these objectives,
understand the way in which each of these objectives is measured, and provide accurate, up‐to‐
date, and relevant information about the state of the South African economy with regard to each
of these objectives.  

 

 

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