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National Income National Income

National Income

1- Meaning and Definition of National Income  National income is the sum of inc…

Principle of Effective Demand Macroeconomics

Principle of Effective Demand

1- Concept and Meaning The principle of effective demand is the beginning point…

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…