# August 2020

## Theory of Supply

Meaning of Supply Supply in economics refers to the quantity of a commodity offered for sale at various prices during a particular time. Supply links with three basic things; the first supply is the desired quantity. It means supply is all about how much quantity the sellers are willing to sell and not how much […]

## Monetary Policy Formulation in Nepal

Economy of Nepal Nepal’s per capita income is \$1085 according to the Economic Survey of 2019/20. Geologically, Nepal is a landlocked country located between two giants of the world economy China and India and Nepal has a very small size of the economy compared with these two neighboring countries. The GDP of Nepal in 2019

## Types of Demand Function

A function shows the relationship between two or more variables known as dependent and independent variables. In a given market and in a given time period, the demand function for a commodity is the relation between the amount of the commodity demanded and its determinants like the price of the commodity, price of related goods,

## Movement and Shift in Demand Curve

One of the fundamental concepts of economics, the law of demand states that there is an inverse relationship between the price and demand for a product underneath the assumption of ceteris paribus. However it is not the only price that affects the demand but also there are many other factors such as the income of

## Exceptions of Law of Demand

The Law of demand shows the opposite relationship between price and quantity demanded of a commodity. But, such relation does not hold for all the times, consumers, place, environments. It means in actual practice, in many cases law of demand may not operate. At times we find that demand may not vary negatively with the

## Individual and Market Demand Curve

Meaning of Demand Curve The demand curve shows the demand for a commodity at varying prices at a given time. Putting alternatively, the demand curve is the graphical presentation of the demand schedule. Thus the graphical representation of the demand schedule showing the relationship between the price of a commodity and its demand is a

## Individual and Market Demand Schedule

Meaning of Demand Schedule The demand schedule refers to a table that exhibits the association stuck between the price of a commodity and the quantity demand of that commodity. It means that the demand schedule refers to the tabular statement that states different quantities of a commodity that would be demanded at different prices in

Don`t copy text!