Importance and Obstacles to Mobility of Labour
Define the term efficiency of labour and discuss those factors which determine and promote the efficiency of labour
Operation of the law in agriculture and industry
Explain the law of Diminishing Marginal utility and discuss its limitations and importance
Practical importance of elasticity of demand
Factors or causes of rise and fall in demand
Distinguish between Stock and Supply and explain the law of supply
What is the law of demand explain it with the help of demand schedule and demand curve also discuss its assumptions and exceptions
Difference between Micro and Macro Economics and also discuss their inter relationship
Critically examine the Robbins definition
Marshall Definition of Economics and Criticism on it
Explain the word Economics and Critically examine the Adam Smith Definition