Question: • This Assignment must be submitted on Blackboard (WORD format only) via the allocated folder.
• Email submission will not be accepted.
• You are advised to make your work clear and well-presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.
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• Late submission will result in ZERO marks being awarded.
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• Use Times New Roman font 12 for all your answers.
Assignment Questions
1. What Is Economics, and Why Is It Important?
2. How Economists Use Theories and Models to Understand Economic Issues.