Guruji's
Little Economists
Future Economists
Seeds of future prosperity lies in today's children,
Let's join our hands to nurture the seed,
To its fullest growth,
for the greater welfare of Society.
Let's be united to remove the
poverty
and corruption.
Thursday, November 08, 2012
BBC: Argentina 'freezes Chevron assets' over Ecuador damage.
1) Define market failure. [3]
2) Explain the possible reasons of market failure in an economy. [6].
3) Critically analyse the role of government in case of market failures.[10]
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