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Question 1
‘The consumer is always king in the market place'. Critically examine this statement, highlighting the existence of market imperfections.
Question 2
(a) Discuss the factors that influence private investment in your country.
(b) How can the government promote private investment in your economy?
Question 3
(a) Examine to what extent fiscal and monetary policies may be adopted to stimulate an economy that suffers from demand deficiency.
(b) Can there be growth without inflation? Explain.
Question 4:
(a) Explain how are exchange rates determined?
(b) Analyse the factors that can affect the external value of the Rupee.
(c) Why should the government be concerned about stabilising the external value of the Rupee?
How is business cycle essential in economic downturns and upturns? The Business Cycle: It is the short-run alternation between economic upturns and downturns. A
optimal use of variable input
Most studies of firms’ long run costs have found that average costs decline as firms produce increasingly larger output levels (economies of scale), such as for automobile firms. H
Explain how getting right price affected the market for promoting development. Getting prices right implies: • Abolishing price controls as well as subsides on fundamentals.
summarize the basic tenets of the arguments in case
analyse the effect of an increase in the price of sim cards on the equilibrium price and equilibrium quantity of cellphones handsets
Do you agree with the traditional theory that assumes profit maximization as sole objective of a business firm?
How is supply related to opportunity cost?
What are the national figures? National income figures: • Do not measure social, non-economic, quality of life indicators as like life expectancy that access to educatio
Equation (1) gives a hypothetical demand curve for hybrid vehicles in the United States during the year 2000, where Q is the quantity demanded and P is the price. Equation (2) giv
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