3. MARKET STRUCTURES Different types of competition Perfect competition: A large number of buyers and sellers, each with a small market share. Homogeneous products (no […]
COST AND REVENUE ANALYSIS- part 2 ,Different types of production, By Mathematical properties
2. PRODUCTION FUNCTION The term “production” can have different meanings depending on the context. However, in general, it refers to the process of creating goods […]
COST AND REVENUE ANALYSIS Part 1, Cost of Revenue: What It Is, How It’s Calculated, Example
Cost Analysis Cost analysis is the process of examining the different costs associated with a business or product. It can be used to identify areas […]
Inflation – part 4
Both monetary and fiscal policy play crucial roles in managing the Indian economy. Let’s take a look at their types and how they work: Monetary […]
Inflation – Part 3
The Indian industrial sector is a diverse and complex landscape, encompassing a wide range of industries at various stages of development. To understand its intricacies, […]
Inflation – Part 2
2 AGRICULTURAL SECTOR IN INDIA The diverse geographical landscape and rich cultural heritage of India have led to a wide variety of agricultural practices across […]
Inflation
Demand-pull inflation occurs when there is too much money chasing too few goods and services. This can happen for a number of reasons, such as: […]
Interest – Meaning – Liquidity Preference Theory of Interest, Loanable funds theory of Interest
There are two main types of interest: simple interest and compound interest. Simple interest is calculated only on the original principal amount. The amount of […]
THE THEORY OF DISTRIBUTION
There are two main interpretations of “the theory of distribution”: 1. Distribution theory in economics: This theory deals with how income and wealth are distributed […]
MARKET STRUCTURES
Perfect competition: A large number of buyers and sellers, each with a small market share. Homogeneous products (no differentiation). Easy entry and exit. Perfect information […]