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Marks will be awarded for your ability to show how these two concepts are different Q.1.1 Microeconomics and macroeconomics Q.1.2 Positive economics and normative economics

Marks will be awarded for your ability to show how these two concepts are different

Q.1.1 Microeconomics and macroeconomics

Q.1.2 Positive economics and normative economics

Q.1.3 Market system and command system

Q.1.4 Levels of change and rates of change

Q.1.5 Excess demand and excess supply

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