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Uses of population census:
It is used to determine the size and the growth rate of the population at a country.The helps the government in planning for education, transportation, health etc.• It helps authorities to have adequate and relevant data. These data include the size, composition, distribution of population etc.These data aid the planners of the economy to forecast the future needs of the country.
• Data provided by population census help in the allocation of resources to the various regions and states of the country.
• It provides data for demographic studies.
Aggregate Supply When referred to in the circumstance of GNP or GDP, aggregate supply refers to the labor and capital needs to proceeds the level of products and services need
NEER Vs REER: In a situation where there are multiple trade partners, the effect of cross-currency movements are judged by nominal effective exchange rate (NEER) and real effe
The price elasticity of demand is how economists calculate the responsiveness of consumers to alters in prices for a commodity. In other words, as price enhances (reduces), the qu
Problem 1: a. Describe the term ‘inflation' and explain the relationship between money supply and inflation. b. Describe the conditions and processes that are associated wi
1. Calculate price elasticity of demand and supply for the following functions when (a) P=8 and (b) Q=6. i. P= 40 - 0.5Q ii. Q= -40 + 0.75P iii
Factors that determine the volume of side of production
illustrate and discuss the implications of various market structures (competitive and non-competitive) for price determination
(a) Give an overview of the Concept of Land Economic (b) Provide a definition of Land/Economics (c) Discuss the origin of Land Economics (d) Modern and Traditional Land Ec
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