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Answer the following problems

problem 1) What is meant by deductive and inductive method of economic analysis.

problem 2) What is meant by substitution effect ? describe the slutsky substitution effect.

problem 3) What is meant by money ? describe the various function of money.

problem 4) What is meant by multiplayer ? describe the working and limitations of Multiplier.

problem 5) describe the role of agriculture in economic development.

problem 6) Define the Resource Combination. describe the concept of “Optimum Factor Combination”.

problem 7) State the meaning and Principals of cooperation and State the development of Cooperation after independence?

problem 8) State the meaning, need role and limitation of Cooperative housing Societ.

problem 9) describe the definition, Characteristics and role of Insurance in economic development.

problem 10) describe the role and importance of insurance institution in any country's capital market.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M94862

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