National Income
1- Meaning and Definition of National Income National income is the sum of incomes of all the citi…
1- Meaning and Definition of National Income National income is the sum of incomes of all the citi…
1- Concept and Meaning The principle of effective demand is the beginning point of Keynesian Theory…
Given the utility function of good x and y as, `\U=\x^{3/4}\y^{1/4}` Prices of good X and Y `\Px=6\…
Solved questions, 1- Tom purchased 10 units of a commodity when its price was $5 per unit. He purc…
1- Meaning of Circular Flow An economy consists of various economic agents like producers, buyers,…
1- Scope of Macroeconomics Macroeconomics is the study of economic behavior and performance of the …
This page consists of some examples of case analysis-type questions and their solutions.
1- Elasticity of Demand Elasticity of demand refers to the responsiveness of quantity demanded of a…
Equilibrium Generally equilibrium is a state in which various forces are in balance. In economics …
1- Law of Supply The quantity of a commodity that is supplied is influenced by various determinants…
Concept and Meaning of supply 1- Meaning of Supply In common sense, supply refers to the quantity o…
Movement & Shift in Demand Quantity demanded of a commodity is determined by various factors. A…
Issues in Macroeconomics Macroeconomics concerns with the way of behaving of the economy in general…
1- L aw of demand Demand for products and service is impacted by various elements like the price of…
1. Demand function The amount demand of a product is impacted by its determinants for example the p…
1- Introduction to Macroeconomics The word economy comes from the Greek word 'Okimonos' whi…