Study Materials
Here you find all the study materials uploaded in Enotes World.
Meaning and Types of the Production Function
Meaning of the Production Function The technical process that links inputs to the output of a good is known as ...
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Production, Total Product(TP), Average Product(AP), and Marginal Product(MP)
Meaning of Production In economics, production means the creation of utility for sale. The act of creating utility is done ...
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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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