20 July 2016 . 9am . Wednesday . Economic :

20:37 Unknown 1 Comments

Monopoly

Type of price discrimination
quantity discrimination  - Second- degree price discrimination ) situation in which a firm charges a different price for large quantities than for small quantities but all customers who buy a given quantity pay the same price.



Chapter 6 : Gross Domestic Product - GDP & The Standard of Living

Developement of macroeconomics

 the founder of macroeconomics is John

Macroeconomics objective
  • maintaining price stability
  • full employment or reducing the unemplyment rate
  • economic growth objective
  • external balance objective
  • better quality of life


Measuring the GDP










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