| INTERNAL ASSIGNMENT – 1 | ||
| Course | MBA | Global Business Environment & Economics |
| Semester | 1 | |
| Total Marks: | 15 | |
| Q.1. | Write answers for any two questions from below. (5 marks each – Word limit – 500) |
| A. | How does consumption behave over the business cycle? |
| B. | Draw ATC, AVC and MC Curves in single diagram. |
| C. | What is meant by scale of production? |
| Q.2. | Write short notes on all of the following topics (1 mark each – Word limit – 100) |
| A. | Ways to fix deflation |
| B. | Types of Inflation |
| C. | Definition of Market |
| D. | Law of Variable Proportions |
| E. | Importance of Business Economics |
| INTERNAL ASSIGNMENT – 2 | ||
| Course | MBA | Global Business Environment & Economics |
| Semester | 1 | |
| Total Marks: | 15 | |
| Q.1. | Write answers for any two questions from below. (5 marks each – Word limit – 500) |
| A. | Mention the formula to calculate price elasticity of demand. |
| B. | State the law of demand. |
| C. | What causes recessions? |
| Q.2. | Write short notes on all of the following topics (1 mark each – Word limit – 100) |
| A. | Features of Business Cycles |
| B. | Types of Elasticity of Demand |
| C. | Production Functions |
| D. | Globalization |
| E. | Types of Demand |
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