Dilla University Department of Economics Introduction to economics Assignment for Natural science students (20%) 1. What is consumer preference? What is the meaning of utility? Explain them. 2. What are the two approaches of utility? Explain them with their assumptions. 3. What are total utility and marginal utility? Explain them. 4. What is the law of diminishing marginal utility? Explain it by using example
The research investigation the presence of moral hazard in Nigerian Health Insurance Scheme using Nasarawa state civil service. Descriptive research design was employed and the result revealed the presence of moral hazard.
SUMMARY Meaning of Service Sector The service sector refers to the portion of the economy that provides intangible goods or services rather than tangible products. It encompasses a wide range of industries and activities that focus on meeting the needs and preferences of individuals and businesses. The service sector deals with activities that are often knowledge-based, information-driven, and oriented toward customer satisfaction. Examples of service sector activities include financial S...
The Assignment/paper is a discussion on how competition in Oligopoly could be seen as COLLUSIVE.
Macroeconomics Definition of Macroeconomics Scope of Macroeconomics Stock and Flow Variables National Income Tax Unemployment International Trade
Meaning/definition and scope of labour economics - Labour economics in perspective - Labour Market and the economy Nature of labour problems in developing economies - The problem of child labour - Causes of child Labour - Ways of tackling the problem of child Labour Labour force - Definition and factors influencing the size and composition of labour force. - Worker Mobility and turn over - Sectorial distribution of labour force - Population growth and its implication on labour force Concept o...
Module 1 Understanding Nigerian Economic Structure and System Unit 1 Concept of Economic Structure Unit 2 Concept of Economic System and Structural Dualism Unit 3 Profile of the Nigerian Economy Unit 4 Overview of the Nigerian Economy Module 2 The Nigerian Agricultural sector Unit 1 The Characteristics and Importance of the Nigerian Agricultural Sector Unit 2 The Agricultural Sector during Pre-independence and PostIndependence Period Unit 3 The Challenges and Prospects of the Nigerian Agricul...
INTRODUCTION ECO 121: Principle of Economics is a three-credit and one-semester undergraduate course for Economics student. The course is made up of 21 units spread across fifteen lectures weeks. This course guide tells you what economic problems are and how are they use to solve households and firm’s economic needs. It tells you about the course materials and how you can work your way through these materials. It suggests some general guidelines for the amount of time required of you on eac...
The present article exclusively focused on the relationship holding between conflict and consumer’s cost of living, as exemplified by recent global occurrences. As shall emerge hereafter, conflict often triggers high cost of living as was evident after Russians invasion of Ukraine early this year. The result was high price increases for consumers globally, as the supply chain matrix for essential commodities was interrupted.
Classification of Tax According to Pattern of Distribution of BurdenImpact, Incidence and Shifting of TaxationDinstinction between Impact and IncidenceEffects and Incidence of TaxationConcepts of tax IncidenceTheories of Tax Shifting and IncidenceIncidence of Tax under Various Market ConditionsTax-Structure PolicyTax-Structure DevelopmentIndividual Income TaxCommodity Taxes and TariffsBusiness Income taxLand TaxesWealth and Property TaxesTax IncentivesTax Laws and Administration in NigeriaSou...
Meaning of Public FinanceThe Functions of Public Finance in an Economy Importance of Public FinanceSources of Government RevenueIntroduction to TaxationTaxes, Charges, and BorrowingTaxes in the Circular FlowClassification of TaxTypes of TaxesMerits and Demerits of Direct and Indirect Tax
IntroductionMeaning of ProductionProduction FunctionAssumptionsThe Laws of Production
The Theory of ProductionThe Production FunctionAssumptions of Production FunctionUses of Production FunctionLimitations of Production FunctionThe Cobb-Douglas Production FunctionProperties of the Cobb-Douglas Production Function
Meaning and Definition of Operation ResearchScope of Operation ResearchCharacteristics of Operations ResearchMethodology of Operations ResearchApplications of Operation ResearchLimitations of Operations ResearchMethods used in Operations Research
Meaning and Definition of Operation ResearchScope of Operation ResearchCharacteristics of Operations ResearchMethodology of Operations ResearchApplications of Operation ResearchLimitations of Operations ResearchMethods used in Operations Research