Question1. Make a distinction between micro and macro economics.
Question2. Explain the law of a diminishing marginal utility and its practical uses.
Question3. Describe marginal productivity theory under imperfect competition.
Question4. Explain the term capital and describe its characteristics.
Quetsion5. What do you mean by the term Fiat money?
Question6. Describe the monetary theory of the trade cycle.
Question7. Describe the numerous arguments for and against nationalization.
Question8. Describe the numerous objectives of monetary policy.
Quetsion9. What do you mean by the term “Marketing Mix”? Explain the elements of marketing mix.
Question10. Explain the elements of Product Policy.
Question11. What do you understand by the term Market Segmentation? Explain the criteria for successful market Segmentation.
Question12. What are the aims and merits of Advertising? What are the attributes of a better advertisement copy?