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Calculus Microeconomics

Calculus

Given the utility function of good x and y as, `\U=\x^{3/4}\y^{1/4}` Prices of …

How to Calculate Elasticity ? Microeconomics

How to Calculate Elasticity ?

Solved questions,  1- Tom purchased 10 units of a commodity when its price was …

Circular Flow of Income and Expenditure National Income

Circular Flow of Income and Expenditure

1- Meaning of Circular Flow An economy consists of various economic agents lik…

Scope and Importance of Macroeconomics Nature and Scope

Scope and Importance of Macroeconomics

1- Scope of Macroeconomics Macroeconomics is the study of economic behavior and…

Solved Case Analysis Questions-1 Microeconomics

Solved Case Analysis Questions-1

This page consists of some examples of case analysis-type questions and their s…

Meaning and Types of Elasticity of Demand Microeconomics

Meaning and Types of Elasticity of Demand

1- Elasticity of Demand Elasticity of demand refers to the responsiveness of qu…

Equilibrium of Demand and Supply Microeconomics

Equilibrium of Demand and Supply

Equilibrium  Generally equilibrium is a state in which various forces are in ba…