Economics in Focus

Economics in Focus This page will be equipped with reliable, comprehensive, and high-quality contents with resource materials that suit the needs of Economics learners.

Economics in Focus FB Page is an online platform where visitors can access relevant and high-quality contents in Economics which are useful for learning and teaching purposes. 𝗔𝗕𝗒𝗨𝗧 π—§π—›π—˜ π—£π—”π—šπ—˜

Economics in Focus page is an online platform where visitors can access Economics’ contents, which are useful for learning and teaching purposes. Each content will be designed to offer an exciting op

portunity for learners to gain information on various concepts, insights, and ideas in Economics. The page is an avenue that engages varied audience in conversations or discussions that tackle a range of economic issues and current events. It will also offer assessment materials which can measure the level of knowledge of learners on different Economics contents created.

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To be one of the leading and reliable online platforms that provide learning content in the field of Economics

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Create and share quality and relevant content that will supply learning opportunities and extend learners' understanding of the world of Economics.

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1. Develop an understanding of a wide range of economic concepts and ideas.

2. Analyze how the economy works as a whole.

3. Appreciate the contribution of economics in understanding real-world situations, including economic issues and problems faced by individuals, organizations, and society.

4. Effectively communicate economic matters and arguments.

5. Apply knowledge and information learned in Economics in different contexts.

6. Participate in activities that highlight the role of economics in decision-making and policy-making.

7. Assess current economic events and new economic ideas.

8. Develop an ability to critically and analytically think like an economist.

ECON DAILY QUIZ QUESTION(March 31, 2021)Category: MicroeconomicsSuppose the income elasticity of demand for low-end Andr...
31/03/2021

ECON DAILY QUIZ QUESTION
(March 31, 2021)

Category: Microeconomics

Suppose the income elasticity of demand for low-end Android smartphones is - 0.375. What is the effect of a 24% increase in the incomes of consumers?

A. Quantity demanded will fall by 9%.
B. Quantity demanded will rise by 9%.
C. Quantity demanded will fall by 36%.
D. Quantity demanded will fall by 36%.
E. Quantity demanded will rise by 24% also.

The answer to this question will be disclosed on April 5, 2021.

Happy answering! Thanks.


ANSWER TO THE ECON DAILY QUIZ QUESTION(March 31, 2021)Here is the answer to the Economics Daily Quiz Question posted on ...
31/03/2021

ANSWER TO THE ECON DAILY QUIZ QUESTION
(March 31, 2021)

Here is the answer to the Economics Daily Quiz Question posted on March 31, 2021.

Congratulations to all those who got the question correctly. Keep it up!

Below is the link to the actual daily quiz question.
https://www.facebook.com/108288171022750/posts/236243641560535/


ECONOMIC QUOTE OF THE DAY(March 31, 2021)"The poor stay poor here because they do not save enough." - Abhijit Banerjee  ...
31/03/2021

ECONOMIC QUOTE OF THE DAY
(March 31, 2021)

"The poor stay poor here because they do not save enough." - Abhijit Banerjee


ECON DAILY QUIZ QUESTION(March 30, 2021)Category: MacroeconomicsAll these are determinants of aggregate supply, except o...
30/03/2021

ECON DAILY QUIZ QUESTION
(March 30, 2021)

Category: Macroeconomics

All these are determinants of aggregate supply, except one. Which is the one?

A. Resource prices
B. Technological innovation
C. Investment
D. Taxes and subsidies
E. Labor size and quality

The answer to this question will be disclosed on March 31, 2021.

Happy answering! Thanks.


ANSWER TO THE ECON DAILY QUIZ QUESTION(March 30, 2021)Here is the answer to the Economics Daily Quiz Question posted on ...
30/03/2021

ANSWER TO THE ECON DAILY QUIZ QUESTION
(March 30, 2021)

Here is the answer to the Economics Daily Quiz Question posted on March 30, 2021.

Congratulations to all those who got the question correctly. Keep it up!

Below is the link to the actual daily quiz question.
https://www.facebook.com/108288171022750/posts/232945475223685/


ECONOMIC QUOTE OF THE DAY(March 30, 2021)"Economics is a subject that does not greatly respect one's wishes." - Nikita K...
30/03/2021

ECONOMIC QUOTE OF THE DAY
(March 30, 2021)

"Economics is a subject that does not greatly respect one's wishes." - Nikita Khrushchev


ECON DAILY QUIZ QUESTION(March 29, 2021)Category:  History of Economic ThoughtWhat doctrine argues the importance of gov...
29/03/2021

ECON DAILY QUIZ QUESTION
(March 29, 2021)

Category: History of Economic Thought

What doctrine argues the importance of government control over foreign trade to maintain a positive balance of trade?

A. Utilitarianism
B. Physiocracy
C. Mercantilism
D. Socialism
E. Capitalism

The answer to this question will be disclosed on March 30, 2021.

Happy answering! Thanks.


ANSWER TO THE ECON DAILY QUIZ QUESTION(March 26, 2021)Here is the answer to the Economics Daily Quiz Question posted on ...
29/03/2021

ANSWER TO THE ECON DAILY QUIZ QUESTION
(March 26, 2021)

Here is the answer to the Economics Daily Quiz Question posted on March 26, 2021.

Congratulations to all those who got the question correctly. Keep it up!

Below is the link to the actual daily quiz question.
https://www.facebook.com/108288171022750/posts/232945475223685/


ECONOMIC QUOTE OF THE DAY(March 29, 2021)"Economic progress, in capitalist society, means turmoil." - Joseph Schumpeter ...
29/03/2021

ECONOMIC QUOTE OF THE DAY
(March 29, 2021)

"Economic progress, in capitalist society, means turmoil." - Joseph Schumpeter


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