Ask question Search Order By: ActiveCategoryTagClear Filter 0 Votes 1 Ans This question refers to the first fundamental theorem of welfare economics. (a) State and intuitively explain the three conditions for Pareto efficiency in an economy with no public goods (b) State and explain the importance of the first fundamental theorem of welfare economics. (c) State and explain the Samuelson condition 527 viewsAssignment Maker Changed status to publish September 23, 2022 0 Votes 1 Ans Discuss the role of assumptions in economics. Use the first fundamental theorem of welfare economics to illustrate your point. 504 viewsAssignment Maker Changed status to publish September 23, 2022 0 Votes 1 Ans List out 4 simplifying assumptions used in economics! 455 viewsAssignment Maker Changed status to publish September 23, 2022 0 Votes 1 Ans Explain the difference between positive and normative statements 639 viewsAssignment Maker Changed status to publish September 23, 2022 0 Votes 1 Ans How does politics affect economics and economics affect politics? What’s the impact of Covid-19 on international economics? 530 viewsAssignment Maker Changed status to publish September 23, 2022 0 Votes 1 Ans What Is Institutional Economics About? How Transaction Cost Theory has its connection with Institutional Economics? Explain 482 viewsAssignment Maker Changed status to publish September 23, 2022 0 Votes 1 Ans Explain the significance of policy agreement and policy disagreement IN INTERNATIONAL ECONOMICS 625 viewsAssignment Maker Changed status to publish September 23, 2022 0 Votes 1 Ans From an Economics perspective, who wins and who loses in the globalization of trade? why? 578 viewsAssignment Maker Changed status to publish September 23, 2022 0 Votes 1 Ans Distinguish between income and substitution effects of a price change for a consumer (6 marks) 445 viewsAssignment Maker Changed status to publish September 23, 2022 0 Votes 1 Ans From an Economics perspective, who wins and who loses in the globalization of trade? why? 431 viewsAssignment Maker Changed status to publish September 21, 2022 0 Votes 1 Ans Distinguish between income and substitution effects of a price change for a consumer 454 viewsAssignment Maker Changed status to publish September 21, 2022 0 Votes 1 Ans Explain the significance of policy agreement and policy disagreement IN INTERNATIONAL ECONOMICS 525 viewsAssignment Maker Changed status to publish September 21, 2022 0 Votes 1 Ans What is induced value theory? 551 viewsAssignment Maker Changed status to publish September 21, 2022 0 Votes 1 Ans This question refers to the first fundamental theorem of welfare economics. (a) State and intuitively explain the three conditions for Pareto efficiency in an economy with no public goods (b) State and explain the importance of the first fundamental theorem of welfare economics. (c) State and explain the Samuelson condition 491 viewsAssignment Maker Changed status to publish September 21, 2022 0 Votes 1 Ans Ricardo did not only confine the scope of economics but he also, by starting from generally accepted starting postulates, drew theoretical economics away from the real world and praised logical refutation rather than empirical verification. Why is this called as “Ricardian vice”? 503 viewsAssignment Maker Changed status to publish September 21, 2022 0 Votes 1 Ans Explain international economics 539 viewsAssignment Maker Changed status to publish September 21, 2022 0 Votes 1 Ans How does politics effect economics and economics effect politics? What’s the impact of Covid-19 on international economics? 429 viewsAssignment Maker Changed status to publish September 21, 2022 0 Votes 1 Ans Please, discuss about new challenges for various countries economics and new possible discussions about international trade/ trade regulations. What new trends in economics might change worldwide? 351 viewsAssignment Maker Changed status to publish September 21, 2022 0 Votes 0 Ans What Is Institutional Economics About? How Transaction Cost Theory has its connection with Institutional Economics? Explain 312 viewsAssignment Maker Changed status to publish September 21, 2022 0 Votes 1 Ans Explain the difference between positive and normative statements 526 viewsAssignment Maker Changed status to publish September 21, 20221 2 … 17 18
