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Write down the properties of Indifference Curve?
Describe the phases of Recession and Depression in a trade cycle.
Describe critically Fisher’s Quantity Theory of Money. Describe the causes and measures to control inflation.
Describe the role of nationalized banks on the development of Industries. Explain the means and ways to eliminate regional imbalance.
Describe the nature and significance of Managerial Economics. Examine the different methods of demand forecasting. Evaluate the limitations of break even analysis for decision making.
Using suitable diagrams describe and illustrate how a firm under monopolistic competition reaches equilibrium in the short run and in long run. Describe the different pricing strategies of firms und
Make a distinction between price, income and cross elasticity of demand. Would you agree that, in order to maximize total revenue, the manager of a supermarket must understand and apply the concept
How do returns to scale and returns to factor influence the shapes of the AC in Long-run and short-run correspondingly?
What do you understand by the term equilibrium National Income and to what extent is economic growth advantageous to economy?
Which costs in the table of accounting information are relevant for making short-run economic decisions regarding the production mix of widgets? Explain and show.
Planning and management of ICT projects have a very poor record in developing countries. In brief describe the different success (enablers and drivers) and failure (barriers and inhibitors) ca
Illustrate the relevance and pertinence of the eclectic paradigm as a general framework for explaining international production in today’s globalised world.
Illustrate the Durbin-Watson test and comment on its usefulness for autocorrelation. Illustrate the term heteroscedasticity, emphasising on problems that it represents for Ordinary Least Square (OLS)
Explain why a country’s development strategy should comprise plans for attaining agricultural progress and rural development.
Evaluate the strength of Human Development Index as accurate measure of standard of living in country.
Illustrate with the aid of a diagram, the Electronic Commerce “Consumer Behaviour Model”. What are the 4 major strategies employed to compile user profiles in order to determine consumer b
Just as there is competition in businesses and the conventional market, competition also takes place in the digital economy. What are the characteristics compulsory for perfect competition in digita
Describe the meaning of syndication, which is considered as an EC mechanism. Describe by means of a diagram the “syndication supply chain”. Support your answer with concise explanatory not
State the term INCOTERMS 2000. What are the major roles of the buyer and the seller under the following INCOTERMS 2000: CIF, EXW and FOB?
The Managing Director has requested you, as the Procurement Manager of AW, to write a report highlighting the issues which require to be addressed before a final decision concerning the adoption of
Explain the numerous types of conditions which might exist in a contract. State three kinds of exemption clauses.
Explain how environment economists use the concept of ‘Consumer Surplus’ and ‘Total Economic Value’ to estimate harm to environmental resources.
Discuss in brief:Ramsey Pricing and Peak-load Pricing. Describe the Marris’s Theory of Managerial Enterpris.
Describe three models of oligopoly and describe the strategic interactions among firms regarding either pricing or output decisions in each case. Use illustrations to exemplify your answer.
Make a distinction between exogenous and endogenous variables, using relevant examples. Make a recursive model (three-equation system) and describe why OLS can be applied to each equation separately?