Study Materials

The measurement of national income accounts by using expenditure method and monetray management or currency management are closely related to ...
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Isoquant curve is the locus of various combinations of two inputs labor and capital that yield the same level of ...
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Meaning of Iso-quant In the long-run producer can change all the factors and thus output can also be changed by ...
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In economics short-run and long-run do not reflect any time period like the concept of short-term and long-term. Economists connect ...
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Concept of Optimum Employment of Input Every producer engages in the act of production to earn possible maximum profit by ...
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Monetary policy is an important tool for any country's economic development and overall economic stability. The objectives of monetary policy ...
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Meaning of Monetary Policy This article attempts to briefly explain the meaning and types of monetary policy. For the country's ...
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There are different definitions of microeconomics given by different economists and the common matter of almost all the definitions is ...
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The nominal gross domestic product is the total market value of all newly produced goods and services during each time, ...
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Introduction The model of the managerial theory of the firm presented by Oliver E. Williamson is known as Williamson's Model ...
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Introduction If the gross domestic product is measured at the prevailing market price then it is known as nominal gross ...
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Here in this article, we have tried to define personal income, disposable income, per capita income, and personal income. Personal ...
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After discussing several key concepts of national income at market price as well as at factor cost, in this article, ...
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Introduction Value maximization theory was developed as an alternative to the profit maximization theory due to weaknesses or limitations of ...
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Introduction to Concepts of National Income at Factor Cost Factor cost is the total cost of production. It means factor ...
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Introduction The price given by the final purchasers of the consumer as well as capital goods is known as market ...
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This article tries to briefly introduce major concepts of national income.Concepts of National Income Meaning of Concepts of National Income ...
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Meaning of National Income In this article, we explain the meaning and features of national income. You will know what ...
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The key terminologies/(basic terminologies of National Income) related to national income are briefly explained below. Domestic Territory of a Country ...
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Introduction The economy is a system in which all the economic agents are interdependently working and doing their respective economic ...
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