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microeconomic analysis, Microeconomics
what are the types of microeconomic analysis?
Posted Date: 12/7/2012 10:55:47 AM | Location : Nepal
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Q. Explain the Post-Keynesian Economics? Post-Keynesian Economics: A modern heterodox school of economic thought that emphasizes more radical or non-neoclassical aspects of Joh
Capital, Capital: Broadly defined, capital represents tools that people use...
Capital: Broadly defined, capital represents tools that people use when they work, to make their work more efficient andproductive. Under capitalism, capital can also refer to a su
Aggregate supply, Aggregate Supply When referred to in the circumstanc...
Aggregate Supply When referred to in the circumstance of GNP or GDP, aggregate supply refers to the labor and capital needs to proceeds the level of products and services need
What is exchange rate, Q. What is Exchange Rate? Exchange Rate: The ‘pr...
Q. What is Exchange Rate? Exchange Rate: The ‘price' at which currency of one country can be converted into the currency of another country. A country's currency is ‘strong,'or
Economic growth, Economic Growth: Economic Growth refers to an increas...
Economic Growth: Economic Growth refers to an increase in real aggregate output (real GDP) reflected in increased real per capita income. A country is said to experience econo
Distributive bargaining, Distributive Bargaining An approach to negoti...
Distributive Bargaining An approach to negotiation that finds to divide up a fixed amount of resources.
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• If Mary uses all her resources to produce hats, she can produce 48 hats an hour. • If she uses all her resources to produce apple pies, she can make 24 apple pies an hour. how
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Fixed input and variable input: A fixed input is that input whose quantity cannot be varied in the short-run when demand conditions require an increase or a decrease in produc
Money multiplier, The Money Multiplier is explained below: If you see c...
The Money Multiplier is explained below: If you see carefully, the money multiplier is nothing but an inverse of a reserve ratio. Therefore, we can write MM = 1/rr, where rr is
How is the wrong conclusion result in necessary condition, How is the wrong...
How is the wrong conclusion result in necessary condition not in the sufficient condition? This is often heard that the market institution must not be used based onto the fact
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