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Fundamental
of economics
A.
LEARNING
POINT MEANING as short type questions
v
An economy,
v
Scarcity,
v
micro
economics,
v
macro economics,
v
opportunity
cost,
v
Production
possibility curve (PPF),
v
marginal
opportunity cost,
v
MRT, normative
and positive economics,
B. As long
questions
v
Difference between micro and macro economics
v
Central problem of economy
v
Assumption and characteristics /properties of
production possibility frontier.
v
Braches of economics
v
Production possibility of an economy
v
Subject matter of economics
v
Economics as a science , an Art , And a science
C.
Just
revise it
1. What
are the difference types of economic system?
2. Explain
the difference type of market
3.
Explain the micro and macro levels of economic
activity
4. Explain
different types of economic activity
5. What
are the main causes of central problem of economy?
6.
What is positive and normative economics or
analysis
Comments