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Group Assignment-1
Group Assignment-1
Group Assignment-1
Please discuss in your group and identify the opinion of your group on the following:
1. What is microeconomics according to your group opinion?
2. Differentiate between microeconomics and macroeconomics
3. Give one example for each of micro and macro economics.
4. What is opportunity cost? Give example of your own of opportunity cost.
5. Differentiate 3 types of market economy based on definition, characteristics
and examples.
Please submit the assignment of your group in power point presentation at the latest
before the week 4 meeting