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Question:
(a) Describe the two major developments which have led in the adoption of Import Substitution Industrialisation by Developing Countries in the 1940s/50s.
(b) Illustrate the logic behind Import Substitution Industralisation
(c) What is the principle justification for Import Substitution Industrialisation? On which ground has this argument been criticised?
Question 2:
(a) Explain the various forms of economic integration.
(b) What are the stages of the European Economic and Monetary Union?
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analyse the method by which a firm can allocate the given advertising budget between different media advertisement?
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about the price determination with the held of diagramatic explanation numerical explanation related to the concept
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New developments
Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class
Micro economics is the study of individual unit of an economy
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