Not sure if you are ready for your test or exam? Select the topic(s) you will be examined on, to take a test with immediate feedback! You will receive your score and a detailed explanation of every correct and incorrect answer. Every question in each test has been sourced from four UNISA ECS1501 exam papers (2014 and 2015). The reference book for the syllabus and assessments is:
Mohr, P. & associates. 2015. Economics for South African Students. 5th Edition. Pretoria: Van Schaik
A more recent edition of the above textbook (which focuses only on Microeconomics) can also be used as a reference:
Mohr P, Seymore R, Yu D. 2018. Understanding Microeconomics. 2nd Edition. Pretoria: Van Schaik Publishers.
Whichever institution you are studying with, if the reference book is the one stated above, you will benefit greatly from doing the online tests as the questions in your examination are likely to be very similar.
Chapter 1: What economics is all about
Chapter 2: Economic systems
Chapter 3: Production, income and spending in the mixed economy
Chapter 4: Demand, supply and prices
Chapter 5: Demand and supply in action
Chapter 6: Elasticity
Chapter 7: The theory of demand: The utility approach
Chapter 9: Background to supply: production and cost (Test A)
Chapter 9: Background to supply: production and cost (Test B)
Chapter 10: Market structure 1: Overview and perfect competition
Chapter 11: Market structure 2: Monopoly and imperfect competition
Chapter 12: The factor markets: the labour market