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Tutor profile: Pawan S.

Pawan S.
Teaching profession for more than 5 years

Questions

Subject: Economics

TutorMe
Question:

How is an economic decisions better than an accounting decision ?

Pawan S.
Answer:

An accountant only considers the money transaction that can be recordered in book- keeping while making decision based on accounting analysis but economists considers several other opportunity costs apart from accounting transactions to make decisions . Therefore an economists make better decisions than an accountant.

Subject: Macroeconomics

TutorMe
Question:

If someone ask you , why do you want to study macroeconomics?

Pawan S.
Answer:

Macroeconomics deals with aggregate economic variables and these variables help an economists to make policy at national level

Subject: Microeconomics

TutorMe
Question:

Why do people study microeconomics?

Pawan S.
Answer:

To make the best decision by using the resources at optimal level

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