Question
.Define/what is economics. Who is the father of economics? 2.What are the branches of economics and define each. 3.What are the 10 Basic Principles of
.Define/what is economics. Who is the father of economics?
2.What are the branches of economics and define each.
3.What are the 10 Basic Principles of Economics and give your understanding to each principle.
4.Brief History of Macroeconomics. Who founded(father) macroeconomics?
5.What are the macroeconomic concerns and goals of a country and its impact to the nation
6.Show theCircular flow modeland explain your thorough understanding of it.
1.)Define the ff:
a.)GDP, b.)GNP, c.)Exports, d.)Imports, e.)Net Exports
2.)What is personal consumption, Investment, Government Spending in macroeconomics
3.)Differentiate Capital government expenditure from Current Government Expenditure
4.) Research on National Income Accounting
How to compute GDP using;
A.)Income Approach
B.)Expenditure Approach
C.)Production Approach
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