Economics 2
Exam Material
Important questions, short notes and revision material for Economics 2 — all in one place, ready before your exam.
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What do you mean by Price Discrimination? Explain its Degrees of Discrimination.
Introduction: Generally speaking the monopolist will not change uniform price for all the customers in the…
What are the basic characteristics of Money.
Introduction: Money is anything that is generally accepted as a medium of exchange. For money to…
What is a Bank? Explain the types of Bank.
A bank is a financial institution that accepts deposits from individuals and businesses, provides loans, and…
Explain the merits and demerits of fixed exchange rate.
Introduction: A fixed exchange rate (also known as a pegged exchange rate) is a system in…
Explain the role and importance of M.N.Cs
Multinational corporations MNC are huge industrial organization which extender industrial and marketing operation over a number…
Explain the merits and demerits of F.D.I
Introduction: The capital which come from other countries is called foreign capital almost all country depend…
Explain the objectives and functions of W.T.O.
Introduction: The WTO is a successor to the GATT, the GATT was forum where the member…
Write a note on history of G.A.T.T
History of G.A.T.T The GATT was a just an international organization having a permanent council of…
Explain the achievements of G.A.T.T
The GATT [General Agreement on Trade and Tariff] was a multilateral treaty which has been signed…
What is Foreign Exchange Rate? Explain its factor determinants.
Meaning: Foreign exchange is the name given to any foreign currency. The market in which currencies…
Explain the methods of correction of disequilibrium in B.O.P?
Introduction: The balance of payment of a country is a systematic record of its receipts and…
Explain the monetary policy of R.B.I OR Explain the quantitative methods of credit control.
Introduction: The central bank aims at providing financial and economic stability in the country. It supervises…