ECONOMICS (214) TUTOR MARKED ASSIGNMENT (2023-24)
ECONOMICS (214) TUTOR MARKED ASSIGNMENT (2023-24)
How is economics treated as science of sustainable development?
Explain the meaning of Micro Economics. What is the difference between economic wants and non economic wants? Write most important characteristics of wants. What is an economy? Give the major characteristics of a capitalist economy. How are resources allocated in a planned economic system? Explain central problems of an economy
What are basic economic activities of an economy? What impact do they have on one another? With the help of examples explain the difference between goods and services.
Go to your nearby market and see how goods are being exchanged with the help of means
of production-land, labour capital and enterprise. Take it down and present in the form of a report.
Make a list of private and public goods and try to explain how private goods can be protected with the protection of public goods.
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