CONTENTS (Approx. 1.
5 Pages)
Part I: Discussions and Brief Explanations
1. Market Structure with Dominant Firm and Competitive Fringe
1.1 Derivation of Demand Curve for Dominant Firm
1.2 Profit-Maximizing Output and Price
1.3 Total Market Output at Prevailing Price
1.4 Output and Price of Smaller Firms
1.5 Graphical Representation of Market Equilibrium
2. Pricing and Employment Under Monopsony and Monopoly
2.1 Derivation of Labour Demand Curve and Marginal Expenditure
2.2 Optimal Labour Employment
2.3 Wage Determination Under Monopsony
2.4 Calculation of Profit or Loss
3. Elasticity of Factor Demand with Multiple Variable Inputs
3.1 Meaning and Economic Significance
3.2 Graphical Illustration of Factor Elasticity
4. Income–Leisure Trade-Off
4.1 Interpretation of Indifference Curves
4.2 Wage Rate from Income–Leisure Line
4.3 Income Foregone Due to Leisure Choice
5. Preferences and Utility Functions
5.1 Type of Preferences Represented by Given Utility Forms
5.2 Behavioural Interpretation
6. Consumer Equilibrium Using Indifference Curve Approach
6.1 Utility Function with Goods X and Y
6.2 Determining Equilibrium Choice
7. Production and Cost Optimization
7.1 Output Maximization for Given Budget
7.2 Cost Minimization for Required Output Level
8. Labour Market and National Income Indicators
8.1 Determination of Unemployment Rate
8.2 Cyclical Unemployment
8.3 CPI, GDP Deflator, and Price Index Calculations (2018–2021)
9. Macroeconomic Indicators for Engineers and Technologists
10. Role of Universities of Technology in National Development
11. Income Distribution and Access to Technology and Education
12. Sustainable Economic Growth and ICT/Engineering Expansion
13–20. Fiscal Policy, Monetary Policy, and Inflation
21–27. Labour Market Dynamics and STEM Development
28–32. GDP, GNP, Productivity, and Technology
Part II: Narrative Questions
1. Effects of Macroeconomic Policies on Sustainable Growth and Industrialization
2. Short-Run Impact of Ethiopia’s Expansionary Fiscal Policy on Economic Growth