.... How to Find Your Subject Study Group & Join ....   .... Find Your Subject Study Group & Join ....  

We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Study Groups By Subject code Wise (Click Below on your university link & Join Your Subject Group)

[ + VU Study Groups Subject Code Wise ]  [ + COMSATS Virtual Campus Study Groups Subject Code Wise ]

Looking For Something at vustudents.ning.com?Search Here

Information

ECO401 Economics

ECO401 Economics.Download/upload Video Lectures, Handouts, Helping Materials, Assignments Solution, Online Quizzes, GDB, Past Papers, Solved Papers and more….

Members: 1210
Latest Activity: Mar 12

Dashboard of ECO401 Economics

+ Latest Activity in This Group + Newest Discussoins in this group

+ Most Popular Discussions in this Group + Add New Discussion

+ View All Discussions in this Group + View All Featured Discussions

Download Video Lectures No.1 to 45

Tips to Use This Group:

  • Before asking about any assignment/GDB/online quiz solution to others, you should be checked the Discussion Forum topic list to avoid the lean in this group. You can also search the assignment/GDB/online quiz solution by the subject code or name through discussion search bar that is available on the discussion forum.
  • When you have questions for your fellow Friends, Please start a new Discussion. I think this will help get more attention to your questions, quicker. EVERYONE, please feel free to start your own Discussions.

Discussion Forum

FINAL TERM

Started by Muhammad Arslan. Last reply by Mano bili Feb 27. 2 Replies

ECO 401

Started by Kiran Chaudhry. Last reply by + M.Tariq Malik Jan 18. 19 Replies

ECO401 current midterm Past papers from from 17th Dec to 29th Dec 2016

Started by Ѽ Gracious Heart Ѽ. Last reply by + M.Tariq Malik Dec 25, 2016. 10 Replies

fall 2016 eco401 assignment 1

Started by noora. Last reply by + M.Tariq Malik Nov 21, 2016. 29 Replies

ECO401

Started by Syed Qamar Husnain Jul 17, 2016. 0 Replies

ECo401_GDB_Last_date_18_july

Started by + ♡ ☆ĤĘĘƦ☆ ♡. Last reply by Taurus Jul 18, 2016. 22 Replies

GDB No-1 ECO 401

Started by Bilal Mangla. Last reply by Ayesha Ahmad Jul 13, 2016. 1 Reply

poor result

Started by Faiza. Last reply by Mohammad Asif Jul 16, 2016. 3 Replies

ECO 401 Quiz#2

Started by Aslam Khan. Last reply by + M.Tariq Malik Jun 24, 2016. 5 Replies

ECO 401 during this exam

Started by sabir khan May 29, 2016. 0 Replies

ECO401 Assignment no#1 Spring 2016

Started by Ayesha Ahmad. Last reply by + M.Tariq Malik May 18, 2016. 104 Replies

ECO401 Quiz#1 Spring-2016

Started by Aslam Khan. Last reply by Taurus May 6, 2016. 3 Replies

ECO401 Economics Helping Material

Started by + M.Tariq Malik. Last reply by + M.Tariq Malik Apr 17, 2016. 1 Reply

~~~~ECO401 Short Notes For Final Term~~~~

Started by Happy cнαи∂α :). Last reply by Happy cнαи∂α :) May 18, 2016. 7 Replies

10 Latest Featured Discussion >>> (For Old? View All Featured Discussions.)

Loading… Loading feed

Comment Wall

Comment

You need to be a member of ECO401 Economics to add comments!

Comment by madihamanzoor on December 28, 2015 at 11:30pm
Good
Comment by anu anum on November 24, 2015 at 5:50pm

ECO401 plzzz Show the market equilibrium condition graphically.

Comment by maheen on August 28, 2015 at 1:39pm

thanks 

Comment by Muhammad Sajjad Hussain on June 29, 2015 at 6:21pm

How to Calculate Price Elasticity of Demand (PED)

price x quantity = total revenue

9 x 2 = 18
8 x 3 = 24


%change in quantity / %change in price = PED


how to calculate % change

new - old / old

1) % change in quantity

3-2/2 = 50

2) % change in price

8-9/9 = -11.11

50/11.11 = 4.5 (elastic)


elasticity


when PED > 1 then elastic
when =1 then unit elastic
when <1 then inelastic

Now consider over university quiz.

When the price of petrol rises by 12%, the quantity of petrol purchased falls by 8%. This shows that the demand for petrol is:

%change in quantity / %change in price = PED

8/12=0.66

result < 1

Answer: inelastic

Comment by Hafeez ur Rehman Fahad on November 27, 2014 at 1:53pm

Solution of Q1 a

Qs = Qd

200+800P=2000-400P

200+1200P=2000

1200P=1800

P=1800/1200

P=1.5

Now we put price in any of demand and supply question

Qs= 200+800P

Qs= 200+800(1.5)

Qs= 200+1200

Qs= 1400

Solution for Q1 b 

PЄd = -400     x          1.5/1400

PЄd = -0.429 

PЄs = 800       x          1.5/1400

PЄs = 0.857 

Solution of Q1 c (graph showing surplus) 

Solution of Q2 Part A 

PЄd     =          -0.1035 ( business travelers) 

PЄd     =          -1.335 ( tourists)

 Solution of Q2 Part B

discuss the variation 

you have to discuss that in business travlers there are regular variation, give some reasons (inelasticity, necessity)
for tourist it is elastic and very irragular variations , there may be many factors like future price expactations, alternative ways etc etc 

Comment by +★ HAMMAD ★ on September 17, 2014 at 3:19pm
Nice group
Comment by Happy cнαи∂α :) on August 29, 2014 at 10:08am

Princoooo bhai ap apna paper share krdy na plzzzzzz

Comment by Ahmad on August 26, 2014 at 9:17am

i will be v. thankful......

Comment by Ahmad on August 26, 2014 at 9:16am

so, help me be4 it.....

Comment by Ahmad on August 26, 2014 at 9:16am

my paper is on Thursday

 

Members (1210)

 
 
 

Latest Activity

Job's & Careers (Latest Jobs)

Admissions (Latest Admissons)

Scholarship (Latest Scholarships)

Internship (Latest Internships)

VU Study

Other Universities/Colleges/Schools Help

+ More Categorizes

© 2017   Created by + M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service