INTERNAL ASSIGNMENT – 1CourseMBAGlobal Business Environment & EconomicsSemester1Total Marks:15Human Computer Interaction

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 deflationB.Types of InflationC.Definition of MarketD.Law of Variable ProportionsE.Importance of Business Economics

INTERNAL ASSIGNMENT – 2CourseMBAGlobal Business Environment & EconomicsSemester1Total 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 CyclesB.Types of Elasticity of DemandC.Production FunctionsD.GlobalizationE.Types of Demand