problem 1:

What are the principal reasons why markets fail to generate efficient outcomes?

problem 2:

Diminishing budget deficit is one of the major objectives of Mauritian Government.  According to you, what is a budget deficit?

problem 3:

The budget deficit can have unfavourable effects.  What are the consequences of budget deficit?

problem 4:

What is the Mauritian Government doing to cure budget deficit?

problem 5:

What do economists mean when they say economy is Pareto efficient?

problem 6:

What basic situations have to be satisfied if markets are to be proficient?