#economic teory and practise, Microeconomics

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how does economics bridge the gap between economic teory and practise

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Example of standard indifference curve analysis, Carmen, the Queen of Elect...

Carmen, the Queen of Electra, is concerned over what she believes is an excessive consumption of electricity.  Consequently, she proposes an excise tax on electricity consumption w

What is Isomers and Types of Isomers, Isomers are two or more forms of comp...

Isomers are two or more forms of compounds which having the same compositions. Types of isomers (a) Stereo isomers (b) Structural isomers

Explain socio economic development, Question 1: The socio economic deve...

Question 1: The socio economic development of Mauritius has been marked by growth cycles, representing different approaches adopted by Government to meet the internal as well

Determinants of quantity supplied of a good, Determinants of quantity suppl...

Determinants of quantity supplied of a good The quantity of supplied of a product is influenced by factors such as the market price of the commodity, prices of inputs, techno

Austrian economics, Austrian economics is a brand of neo-classical economic...

Austrian economics is a brand of neo-classical economics that was established in Vienna during the late 19th century & first half of the 20th century. Austrian economics was strong

Demand Forecasting, what is demand forecasting and defines its techniques

what is demand forecasting and defines its techniques

Labour supply, Discuss how the opportunity cost principle influence a suppl...

Discuss how the opportunity cost principle influence a supplier''s decision to supply labour

Calculate the keynesian multiplier and short run equilibrium, The governmen...

The government notices that there is an output gap and decides to increase government spending with a stimulus package of $4 trillion in hopes that it will spur growth and stop une

Economic appraisal, Economic appraisal - Appraisal , which seeks to quantif...

Economic appraisal - Appraisal , which seeks to quantify, and where possible calculate the welfare impacts from, the costs and benefits of a project or policy.

Optimization, This is the practice of maximizing profits and revenues and m...

This is the practice of maximizing profits and revenues and minimizing costs, using marginal analysis.

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