Write brief notes on the following economic concepts: (a) Choice , Scarcity and opportunity cost. (5 marks) (b) Exchange rate. (5 marks) (c ) Producer‟s surplus. […]

(i) What are the aims of time series analysis? (2 marks) (ii) Describe what a „season‟ is in the context of a time series and give […]

(a) State the main sources of monopoly powers. (5 marks) (b) Explain why the marginal revenue curve lies below the average revenue curve in a monopolistic […]

Assume that your proposal to do research has met with success, and you will be paid to do the proposed research project. Commence researching as you […]

Your firm is the auditor of Shah Engineering Ltd, and you have been asked to suggest the audit work you will carry out in verifying trade […]

(a) Define the term Monetary Policy. (2 marks) (b) Discuss any four instruments of this policy used to control and regulate money supply by the Central […]

(a) Explain what is meant by the terms own price, income and cross elasticities of demand. (9 marks) (b) How and when is the concept of […]

a) Discuss the different approaches used in the measurement of the National Income of a country. (6 marks) b) The Economic Advisory Department of Examland has […]

The number of plumbing repair jobs by Joy Plumbing Service in each of the last nine months in Miami town are listed below: Month Jobs March […]