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Question 1:
(a) The Mauritian government is now increasingly involving the private sector in the development of the economy. How can government support effective private sector involvement?
(b) Discuss the implications of privatisation for a small island economy like Mauritius.
Question 2:
(a) Discuss the consequences of adverse selection and moral hazard for the insurance car market.
(b) Consider the example of any project which your Ministry wants to undertake over a given period of time. Outline all the necessary information you will require and analyse the different steps involved when deciding on the feasibility of the project.
the basic circular flow model suggests that...
(a) What is meant by heteroscedasticity and what are the consequences of applying OLS estimation in its presence? (b) Explain in details the Generalised least Square procedure
3 factors by america palce at world economy leading edge 3 factors have taken pride of place in explanations of America's place at the world economy's leading edge in its level
Maurice has the following utility function: U (X; Y ) = 20X + 80Y ?? X2 ?? 2Y 2 where X is his consumption of CDs, with a price of $1, and Y is his consumption of movie videos, wit
identify any four other law of demand and give examples
state the law of downward sloping demand
ECM101 – MICROECONOMIC POLICY ASSIGNMENT 1 General Guidelines: This assignment comprises two sections and you must answer all questions in each section. Answers must be explained
The elasticity coefficient is a number measured using price and quantity data to verify how responsive consumers are to changes in the price of a commodity. The elasticity coeffic
With the aid of a diagram explain the long run average cost curve and the influences upon it.
Individual Assignment ECO101 - PRINCIPLES OF ECONOMICS electronic submission via Moodle 6 Questions 100 marks (15% of total course) All questions should be attempted. 30-50 w
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