ECONOMICS ASSIGNMENT

Question1 What is the opportunity cost of doing an MBA or an MPA at the University of Ballarat? Say you decide to attempt to do the business economics unit without the recommended textbook. What would be the opportunity cost of doing so?

Opportunity cost mean ‘the best alternative scarification for a chosen alternative’ if person moves towards doing MBA he will having the benefits of getting higher salary, better management skill, better scope, decision making in the society but at the same time he need to forgone the next best alternative of doing MPA there by the opportunity cost include different course fees, text book, getting permanent residence, duration of course.

If a person does not purchase the recommended economics book, rather he only does the photocopy of it and saves money. The opportunity cost for him of not having the textbook would be not having the clear vision, right print.

Question2. What is the focus or the key words of......

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Title: Maciroeco
Approximate Word Count: 1551
Approximate Pages: 7 (250 words per double-spaced page)

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