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Econ101 Microeconomics

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  • Course Code: ECON101
  • University: Saudi Electronic University
  • Country: Saudi Arabia

Question:

  • This Assignment must be submitted on Blackboard (WORD format only) via the allocated folder.
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  • Use Times New Roman font 12 for all your answers.
  • 1. Explain with the help of suitable examples / graph the following; 
  1. Production Possibility Curve’
  2. The concept of ‘Opportunity Cost’
  3. Distinguish between ‘Quantity Demanded’ and ‘Demand Schedule’

Q, 2. In present scenario, the importance of microeconomics is increasing day by day, in your Opinion, what are the three ways that we can use macroeconomic analysis ?

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