Study Materials
Here you find all the study materials uploaded in Enotes World.
Capital Formation Process
Meaning of Capital Formation All the man-made factors used in further production are known as capital. Capital formation, therefore, refers ...
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Characteristics of Developing Countries
The countries in which the process of development has started but not completed and having a developing phase of different ...
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Differences between Closed Economy and Open Economy
An economy that does not involve in overseas trade is known as the closed economy and an economy having participation ...
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Introduction to Open Economy
Meaning/Introduction to Open Economy The economy in which there is the provision of international trade or foreign trade is known ...
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Introduction to Closed Economy
Based on the participation in international trade, economies can be divided into two types as the closed economy and the ...
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Macroeconomic Variables
The performance and behavior of the economy can be shown and analyzed by different economic variables and these are known ...
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Use or Importance of Macroeconomics
Macroeconomics is the study of aggregates like national income, national product, total consumption, total saving, total investment, etc. Study of ...
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Scope of Macroeconomics
The word ‘scope’ refers to the range or area covered by anything or any subject or by any topic. Thus, ...
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Meaning and Features of Macroeconomics
Macroeconomics is the part of economics that studies about the economy. The unit to deal in macroeconomics is the entire ...
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Cost of Economic Growth
Every economy needs to invest its scarce resources in the production of capital goods and consumer goods. Both sorts of ...
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Measurement of Economic Growth
Economic growth can be defined as the increase in the real national product or output over time. Economic growth during ...
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Meaning and Definition of Demand
Meaning and Definition of Demand Demand for goods and services implies the number of goods and services that buyers are ...
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Difference between Microeconomics and Macroeconomics
The subject matter of economics is broadly divided into two branches, namely microeconomics and macroeconomics. Microeconomics and macroeconomics have become ...
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Types of Demand
The willingness to buy a commodity or a service for which necessary resources are available is known as demand. Both ...
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The Achievements of Development Planning in SAARC Countries
Learning ObjectiveTo discuss the achievements of development planning in SAARC Countries SAARC Countries have experienced several changes and improvements because ...
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Constraints or Challenges of Development Planning in SAARC Countries
Introduction South Asian countries are competitive but, in many respects, they are complementary to each other also. All the member ...
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Plan Priorities in SAARC Countries
Concept and Introduction of SAARC After 1945, the trend of the establishment of various regional cooperation organizations like the European ...
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Concept of Duality in Consumer Theory
Meaning of Duality The term duality is habitually used to denote a dissimilarity between two correlated concepts, such as duel ...
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Income and Substitution Effects of a Price Change
In our situation of good X, good Y, and money income M; if money income and the price of good ...
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Income Consumption and Engel Curve
Learning Objective To explain the derivation of income consumption and Engel curve for a normal and inferior good This issue ...
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