Question 1

What/how is the performance of the South African economy since the start of the COVID-19 pandemic. In your discussion also compare the performance of the South African economy with the period before the pandemic.

(Organize your discussion by using the conceptual framework and statistics around the objectives of economic policy as set out below)

• Economic Growth
• Low levels of unemployment
• Price stability
• Balance of Payments equilibrium
• Balanced Budget
• Equity in distribution

Resource - https://www.resbank.co.za/en/home/publications/quarterly-bulletin1/Quarterly-Bulletin-Publication

Question 2

a. How will the South African economy likely be affected by the war in Ukraine? Clearly explain your answer. (Organize your discussion around the main objectives of economic policy)

b. What do you think will be the war's impact on poor South African households and the already high levels of inequality in the country? Explain your answer.