Macroeconomics
How to Induce Consumption Propensity
In general, consumption propensity is nothing more than that of human tendency, with …
Macroeconomics
What Factors Affect Consumption Function
Before we proceed to a detailed description of factors affecting consumption function,…
Macroeconomics
Is there really a psychological law in economics?
To know whether there is a psychological law in economics or not, if there is, how it …
National Income
Solved National Income Problems
1- Solved problems of national income measurement 1.1- Consider the following data for…
National Income
National Income Measurement
1- Methods of Measuring National Income There are three main methods of measuring nat…
National Income
National Income
1- Meaning and Definition of National Income National income is the sum of incomes of…
Macroeconomics
Principle of Effective Demand
1- Concept and Meaning The principle of effective demand is the beginning point of Key…
Microeconomics
Calculus
Given the utility function of good x and y as, `\U=\x^{3/4}\y^{1/4}` Prices of good X …
Microeconomics
How to Calculate Elasticity ?
Solved questions, 1- Tom purchased 10 units of a commodity when its price was $5 per …
National Income
Circular Flow of Income and Expenditure
1- Meaning of Circular Flow An economy consists of various economic agents like produ…
Nature and Scope
Scope and Importance of Macroeconomics
1- Scope of Macroeconomics Macroeconomics is the study of economic behavior and perfor…
Microeconomics
Solved Case Analysis Questions-1
This page consists of some examples of case analysis-type questions and their solution…
Microeconomics
Meaning and Types of Elasticity of Demand
1- Elasticity of Demand Elasticity of demand refers to the responsiveness of quantity …
Microeconomics
Equilibrium of Demand and Supply
Equilibrium Generally equilibrium is a state in which various forces are in balance. …
Microeconomics
Law of Supply
1- Law of Supply The quantity of a commodity that is supplied is influenced by various…
Microeconomics
Concept and Meaning of Supply
Concept and Meaning of supply 1- Meaning of Supply In common sense, supply refers to t…
Microeconomics
Movement along and shift in Demand curve
Movement & Shift in Demand Quantity demanded of a commodity is determined by vario…
Nature and Scope
Issues in Macroeconomics
Issues in Macroeconomics Macroeconomics concerns with the way of behaving of the econo…
Microeconomics
Law of Demand
1- L aw of demand Demand for products and service is impacted by various elements like…
Microeconomics
Demand Function
1. Demand function The amount demand of a product is impacted by its determinants for …
Nature and Scope
Introduction to Macroeconomics
1- Introduction to Macroeconomics The word economy comes from the Greek word 'Okim…
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