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|Date||Economics Homework Topic||Grade Scored|
|21st February 2023||Microeconomics Homework
Question 1: Explain the concepts of scarcity, choice, and opportunity cost as used in economic analysis
Question 2: Explain factors that cause a shift in Aggregate demand and supply and what they imply.
Question 3: What is the effect of the government's interference in the price of items by imposing price ceilings and floors on the economy?
|16th March 2023||Macroeconomics Homework
Question 1: From the given figures, calculate the inflation rate and explain the cost of inflation in an economy
Question 2: Define and explain frictional, structural, natural, and cyclical unemployment and the measures of unemployment.
|10th April 2023||Game theory Homework
Question 1: Decision Trees. From the given figures, explain which decision should be made.
Question 2: Nash equilibrium. Explain the use of pure and mixed strategy in game theory.
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