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  • Assignment 1

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    Juweriya shafi
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    1. The document provides instructions for Assignment 1 which includes answering essay and short questions in handwritten form in A4 paper by December 28th. 2. The essay questions cover topics like elasticity of demand, demand forecasting techniques, defining managerial economics and its characteristics and scope, and principles of managerial economics. 3. Short questions cover topics like demand schedule and curve, complementary goods vs substitutes, marginal utility, Delphi technique, and the relationship between managerial economics and other subjects.

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    1. The document provides instructions for Assignment 1 which includes answering essay and short questions in handwritten form in A4 paper by December 28th. 2. The essay questions cover topics like elasticity of demand, demand forecasting techniques, defining managerial economics and its characteristics and scope, and principles of managerial economics. 3. Short questions cover topics like demand schedule and curve, complementary goods vs substitutes, marginal utility, Delphi technique, and the relationship between managerial economics and other subjects.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views1 page

    Assignment 1

    Uploaded by

    Juweriya shafi
    1. The document provides instructions for Assignment 1 which includes answering essay and short questions in handwritten form in A4 paper by December 28th. 2. The essay questions cover topics like elasticity of demand, demand forecasting techniques, defining managerial economics and its characteristics and scope, and principles of managerial economics. 3. Short questions cover topics like demand schedule and curve, complementary goods vs substitutes, marginal utility, Delphi technique, and the relationship between managerial economics and other subjects.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Assignment 1

    Instructions
    1. Answer the following questions in your own handwriting in A4 size paper.
    2. Kindly write in legible handwriting.
    3. Write Your Name, ID number, section and other details on the cover page
    4. This assignment is to be submitted before Mid exam 1 ( latest by 28th of December, 2022)

    Essay Questions
    1. Discuss the concept of elasticity of demand. What are the various types of Elasticities?
    What are the business applications of Elasticity.
    2. Define demand forecasting. What are the various techniques of forecasting demand.
    Discuss in detail.
    3. Define managerial economics, discuss its characteristics and scope.
    4. List and discuss various principles of managerial economics.
    5. What is Utility in economics. Explain law of diminishing marginal utility.

    Short Questions
    1. Demand schedule and demand curve
    2. Complementary goods and substitutes
    3. Marginal utility
    4. Delphi technique
    5. Relationship between Managerial economics and other subjects

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