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Make a distinction between the Life-cycle theory and Permanent income theory of consumption and saving. Using suitable diagrams make a distinction between inflationary and deflationary gaps.
Describe the mechanics of the Mundell-Fleming model under both the fixed and flexible exchange rate regimes. Explain the effectiveness of floating exchange rate model.
Appraise competitive strategies employed by firms’ operating in monopolistic competition market structure. Explain how managers use the concepts of agent–principal problem and incentives t
Describe the major causes of inflation in Mauritius. Critically analyse the costs of inflation. Which of these items is likely to have encouraged the Mauritian government in its adoption of inflatio
What are the economic reasons for the protectionism? Does the National Income figure accurately reflect the living standard of population?
What are the causes of inflation in economy? Illustrate the policy implications which the central bank will implement if there is excess liquidity in the market.
Describe the effect of an increase in the Government Budget Deficit on the rate of interest and the level of private investment. Recognize the crowding out effect in this context.
Describe how an understanding of behavioral aspects of budgeting is significant to managers.
Describe the stages involved in the Product Life Cycle concept and their relevance in marketing decision making. You might use any product or service as an instance to support your answer.
Describe ‘Advance Authorisation Scheme’. Write in detail ‘INCO Terms 2000’. Describe briefly on Terms of Payment in International Trade including brief note on ‘Letter of
Distinguish among the various kinds of barriers that can exist under imperfect market structures. What do you understand by optimal level of pollution and critically explain the different ways of inte
Compute the expected value of perfect information. Compute the optimum number of items the stockist should purchase every week in order to maximize the profit.
What are the significant issues identified in the above article that are having an impact on uncertainty in the global foreign exchange markets?
State the effects of modifications in money supply on LM curve.
What do you mean by terms of trade? Describe the nature of terms of trade between agricultural and non-agricultural prices.
What do you mean by National Income? Describe the methods of computing National Income.
What is the significance of Agriculture in the Indian economy? Describe different modes of transportation systems in the India.
With the help of instances, illustrate the benefits of economies of scale to a small hotel chain.
Describe how you would assess the suitability of a transport mode.
Describe the contribution of commodity markets to international trade.
When preparing a quotation for a prospective overseas buyer what necessary elements should be comprised?
Identify three currency exchange contracts available to the exporter and explain the benefits of each type.
Identify four main methods of indirect exporting and describe their advantages.
Which policy is more effective in achieving the government’s goal? Explain using the DMP model, with the aid of diagrams. [In your answer, do not concern yourself with how the subsidies from t
By using supply and demand curves, state and discuss “the four shipping markets” (Stopford, 2009), in shaping investment decisions by ship-owners.