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1. What fields does economics focus on?
2. Why is it said that “economics is the study of mankind”?
3. One conflict in the economy
4. The difference between market economy and planned economy
5. What are two features of market economy, planned economy?
6. What is international economics? Urban economics?
7. What is microeconomics? For example?
8. What are 3 common questions in economy?
9. What is general equilibrium theory?
10. What is partial analysis?
11. What is macroeconomics?
12. What are the differences between micro and macroeconomics?
13. What are two policies in macroeconomics?
14. Goals of economic policies
15. Talk about the law of demand, supply (the movement of demand and supply curve)
16. Shift factors of demand and supply
17. Role of demand and supply
18. The difference between supply and quantity supplied.
19. How was price set in the past and in modern life?
20. What are some non- price factors in buyer-choice behavior?
21. What are some common mistakes in setting the price and how to avoid?
22. What are 4Ps in the marketing mix?
23. What is means of payment?
24. What is unit of account?
25. What are 4 functions of money?
26. The difference between commodity money and token money
27. What is commodity money?
28. Some different services of banks and how do banks make profits?
29. What is real interest rate?
30. What is deficit spending?
31. Risk and benefit of deficit spending in the economy?