AIOU OLD PAPER CODE 402 PRINCIPLES OF ECONOMICS
Aiou old paper for commerce level student’s course code 402 spring 2015. This course code 402 naming the economics. Economics is very important subject because due to understanding of this book a man can easily understand the economic position of any country and the world as a whole. Keeping in view the importance of this book student find its tags as mentioned now, aiou past paper code 402, aiou old paper code 402, past paper code 402 spring 2015, old paper code 402 spring 2015, spring 2015 old paper code 402, code 402 aiou past paper spring 2015.
The first question of this old paper asks what is the difference between between kuli (macro) and juzvi moashyat, the main difference in these two are, in macro the economics the economic analysis are done as a whole while in micro the economic analysis are done by parts or in small units. In this paper the elasticity of demand is also discussed. The concept of elasticity of demand and elasticity of supply has great importance for the finance minister while he is going to impose taxes on any commodity. if due to prices the demand of any prices change then we can say that this product or commodity has elasticity. This old paper also requires the discussion of the function of the central bank or State Bank. Another important topic of national income and different thoughts of national income is also discussed are asked as question in this paper.
In short we are now going to upload spring 2015 paper for this course code 402