problem1. Make a distinction between micro and macro economics.
problem2. describe the law of a diminishing marginal utility and its practical uses.
problem3. Describe marginal productivity theory under imperfect competition.
problem4. describe the term capital and describe its characteristics.
Quetsion5. What do you mean by the term Fiat money?
problem6. Describe the monetary theory of the trade cycle.
problem7. Describe the numerous arguments for and against nationalization.
problem8. Describe the numerous objectives of monetary policy.
Quetsion9. What do you mean by the term “Marketing Mix”? describe the elements of marketing mix.
problem10. describe the elements of Product Policy.
problem11. What do you understand by the term Market Segmentation? describe the criteria for successful market Segmentation.
problem12. What are the aims and merits of Advertising? What are the attributes of a better advertisement copy?