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Essay on macroeconomics & microeconomics concepts and theories with special refe
Essay on macroeconomics & microeconomics concepts and theories with special reference to the country guyana and business information
Include the following points in your essay:
Understand the important concepts of macroeconomics by describing the key indicators
(National income, inflation, unemployment, balance of payments and HDI) of economic
performance
Describe the Circular flow of income & expenditure model and explain the concepts of
Aggregate Demand (AD), Aggregate Supply (AS) & economic growth
Illustrate and describe the concepts of revenue, cost and profit
Describe different forms of market structures and explain the implications of contestability
on firm’s behaviour
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