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What types of questions would concern microeconomics, versus macroeconomics?
Microeconomics concerns itself with decision-making of individual consumers, firms and other organizations, such as how much to consume or produce of a product, whereas macroeconomics deals with aggregate production and expenditure, the level of unemployment, inflation, and interactions with the global economy.
Ask question # how do you formulate a demand and supply equations when you a table of prices, quantity demanded and supplied?
what is supply and demand
Measures to control inflation: Fiscal policy is one of the two main macroeconomic policies used to control aggregate demand and thereby achieve economic stability. Fiscal meas
PEST analysis Political factors: The political factors include laws and regulations in the market and this influences the market activities. These laws and regulations a
critically analysis firm theory of profit maximization?
Methods of Forecasting The various methods of forecasting demand may be grouped under the followings categories: Opinion Polling Method: In this method the opinion
Is the terms of trade (TOT) explained as the ratio of the value of exports to the value of imports? How does the TOT relate to the exchange rate? The terms of trade (TOT) is ex
EXCEPTIONAL SUPPLY
what is the theory of Second best? Prove the theorem with the help of a diagram.
Amartya Sen''s concept of poverty and welfare.
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