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Determinants of Social Demand for Education - Excellence Apart from the three considerations identified by Prof. Musgrave for public investments in education and discussed abo
discuss how economic theory explains the optimum pattern of consumption of an individual consumer
What are the differences between the IS-LM model and the Keynesian model? The 'simple' Keynesian model is a simplified model to exemplify Keynes's idea about the equilibrium i
Problem 1: (a) Differentiate between positive and negative externalities? Justify your answer using examples. (b) To what extent do government policies influence externali
SUMMARY OF THEORY OF PRODUCTION
Current Cropping Pattern: It is evident from these data that foodgrains constitute the most dominant crop group that is cultivated in India. It is estimated that total croppe
on what grounds is consumer surplus criticised?
Economic Value to Customer Economic Value to Customer = EVC x = [LifeCycle costs of a competitor's product in relation to a home firm] - [Start-up Costs for the home fir
discuss how the price mechanism allocate resources in a free market system
explain how the keynesian cross shows that the economy is susceptible to self-fulfilling prophesies, either positive or negative
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