Macroeconomics for Business BBS Note

Concepts of National Income

Leave a Comment / Macroeconomics, Study Materials / Enotes World

This article tries to briefly introduce major concepts of national income. Concepts of National Income Meaning of Concepts of National Income The concept of national income provides insight into the economic performance of a nation. National income has been defined in several ways. It may be the total market value of all final goods and […]

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Concept of Equilibrium and Disequilibrium

Leave a Comment / Economics, Study Materials / Enotes World

Introduction The term equilibrium in the ordinary sense is a state of balance. It indicates the case in which the forces working in the opposite directions are in the position of balance. Equilibrium condition refers to the state from where there is no tendency to change until there is a change in the forces influencing

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