SEM.1 ECO THEORY ASSIGNMENT

GLS UNIVERSITY’S

FACULTY BUSINESS ADMINISTRATION (GLSBBA)

THEORY ASSIGNMENT 2019-20

FY BBA: SEMESTER I

SUBJECT CODE: CORE COURSE: 170101102

PRINCIPLES OF ECONOMICS (MICRO)

1.      Explain the scope of Macro-Economics with real examples.

2.      Explain the factors affecting demand and supply of any good.

3.      Explain the concept of opportunity cost with few examples.

4.      Explain the characteristics of monopolistic competition with examples.

5.      Explain the concept of rent with some examples.