The Concept of Multiplier
by The multiplier concept is one of the fundamental concepts in macroeconomics, which is used to …
Month: April 2023
Anti-Inflation Policies, Monetary and Fiscal Policies
Inflation is a major concern for policymakers in India, as it has a significant impact …
Business Cycles, Concept, Meaning, Definitions, Features, Indicators, Stages, Types, Causes, Impact and Business Cycles vs Strategic Decision Making
Business Cycles, Concept, Meaning, Definitions, Features, Indicators, Stages, Types, Causes, Impact and Business Cycles vs Strategic Decision Making
Important differences between Demand Pull and Cost Push Inflation
Demand Pull Inflation Demand-pull inflation is a type of inflation that occurs when the overall …
The Philips Curve
The Phillips Curve is an economic concept that suggests there is a trade-off between inflation …
Theory of Inflation, Meaning, Causes, Types and Measurement, Example, Benefits
Inflation refers to the persistent and sustained increase in the general level of prices of …
Concept and Scope of Macro-Economics
Macroeconomics is the branch of economics that deals with the behavior, structure, and performance of …
Macro-economic Paradoxes, Wage-employment paradox and Paradox of thrift
Macro-economic paradoxes refer to situations in which economic theory, models, and policy prescriptions appear to …
Methods of Measurement of National Income and Welfare
National income is the total value of goods and services produced within a country in …
Concept and Definitions of National Income
National income is a measure of the economic activity of a country, representing the total …