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  #41  
Old Friday, March 22, 2013
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Default consumer behaviour approaches

can any one plz guide that which consumer behaviour approach is more superior out of indifference curve approach and revealed preference approach
plz do guide me i am really confused
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  #42  
Old Saturday, April 13, 2013
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Indifference Curve Approach
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  #43  
Old Saturday, April 13, 2013
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Quote:
Originally Posted by maria anum View Post
can any one plz guide that which consumer behaviour approach is more superior out of indifference curve approach and revealed preference approach
plz do guide me i am really confused
both are good
cardinal is also good
ordinal approach is also good
revealed preference is not so good due to following reasons
1
doesnt discuss giffen goods
2
doesnt elaborate market demand
ordinal is best and appreciated but its also based on the assumptions of cardinal theory..... so both inter related
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  #44  
Old Friday, July 12, 2013
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hi Qurat
em havng economics as opt subject. feeling hard to grab. even though the main headings of syllabus doesn't seem to me relavent to questions in papers. becoz lackness is in understanding economics. em trying to solve past papers by googling answers. is this only will help me? and plz guide me how to do the correct preparation? there isnt any teacher to guide me. and i live in bakher the small town here evn the schoool text books r nt available so how come css books. there is site which offer css relavent books but the books there r outdated. em feeling difficulty specially in preparing PAPER 1 as for as PAPER 2 is concerned i have book '' major issues in pakistan economy'' by A.Hamid Shahid em preparing frm here. plz guide me thoroughly as it is my FIRST and LAST time for CSS.
thnx.
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  #45  
Old Friday, July 12, 2013
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Although your question hasn't been addressed to me, I'd like to know whether you have an Economics background?
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  #46  
Old Saturday, September 14, 2013
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Cool Economics scoring trend

i have studied economics in inter bsc and m,a i want to tell all of u which one i opt indo pak history or economics, some people tell me economics low scoring subject and indo pak high scoring sub. so tell me plz m so worry regad this?
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  #47  
Old Tuesday, September 17, 2013
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If you have trouble grasping the most basic of concepts as I observe, I would suggest you NOT to opt Economics. Although you have a sufficient background, but from what you're saying it seems as if Economics and you don't get along too well

However, let me be very clear that Economics is ANYTIME better scoring than is Indo-Pak. In the former you only have to derive and explain concepts as they are and you will be marked for it. The latter on the contrary is completely opinion based with too much details to be memorized -- Need I remind you, that difference of opinion may occur with that of the examiner.

Work with a Cost-Benefit analysis. See how much of both you can cover in the available time frame and what you're comfortable with. And go for it.
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  #48  
Old Wednesday, December 18, 2013
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Default Study Plan

Can any body study plan ?????????
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  #49  
Old Thursday, December 19, 2013
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Default Economics

How to take a start with economics??? i mean what should be a strategy
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  #50  
Old Thursday, December 19, 2013
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Quote:
Originally Posted by faddyy View Post
How to take a start with economics??? i mean what should be a strategy
1. first prepare paper a without the microeconomics part, because microeconomics is a bit technical and lengthy and rest of paper a is about basic concepts and without it paper b is impossible.
2. then paper b complete. must use economic surveys of Pakistan.
3. then go for microeconomics part from paper a.

get an online course from MIT open courseware.

oh and all this if you are a beginner, but applies to those who are revising it too.

and here is a question to check your grasp of economic concepts:
THE PRICES OF AGRICULTURAL PRODUCTS HAVE INCREASED IN AN ECONOMY, WHAT STEPS CAN BE TAKEN TO REDUCE THEIR PRICES?
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