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difference between microeconomics and macroeconomics
HOW TO SOLVE CENTRAL PROBLEMS OF ECONOMY?
give two examples of microeconomic and macroeconomics studies?
What is meant by alternative uses of resources? Give Examples.
'' scarcity is the root cause of economic problem''.explain 3mm
what is the difference between MRS(marginal rate of transformation), MRS(marginal rate of substitution), MOC(marginal opportunity cost)?
what is meant by economising of resources?
the subject matter of economics.
write any 4 properties of ppc?
explain how scarcity and choice go together
What is macroeconomics paradoxes? Give some examples.
can two ppc ever intersect/cut each other?
explain why it is said that economic growth is a race between depletion and invention ?
economic slow down in some parts of the world has adversely affected demad for indian exports. what will be it's effect on ppf of india?
what is simple economy ?
between a centrally planned economy and a market economy.
why is ppc downward sloping from left to right?
Can PPC be a straight line and when?Explain with an example
difference between import duty and customs duty
How are microeconomics & macroeconomics interdependent? Explain with an example.
What does macroeconomics theory deal with? Give examples.
does massive unemployment shift the ppc to the left..?
Explain the concept of marginal opportunity costs by giving a numerical example.
'An economy always produces on, but not inside a PPC. Defend or Refute.
why is there a need to economize resources?
A lot of people die and many factories were destroyed because of severe earthquake in a country . how will it affect the country's ppc. expain
what are the three central problems of an economic? explain in detail.....?
Difference between Intermediate goods and Capital Goods? (3m)
why does the problem of choice arise?
what is the difference between positive and normative economy ? explain.
why do problems related to allocation of resources in an economy arise? Explain.
State the two characteristics of economic resources.
"economics is about making choices in the presence of scarcity." explain.
state in brief the problem of fuller utilisation of resources
Explain how a production possibility curve is affected when resources are inefficiently employed ain an economy ?
What do you understand about the term renaissance? Discuss in 250 words
why does an economic problem arise
what are the components of microeconomic and macroeconomics?
What is micro-macro paradox? give example.
capital formation is a stock or a flow ?plz reply!!
A consumer consumes only two goods. For the consumer to be in equilibrium why must marginal rate of substitution be equal to the ratio of prices of the two goods? Explain.(6marks)
"Massive unemployment will shift the PPC to the left", defend or refute
why should we economize resources?
why ppc curve is also called opportunity cost curve
the government has started promoting foreign capital. what is the economic value in the context of ppf
What do you mean by production possibilities of an economy?
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