compare macroeconomics with microeconomics

Difference between Macroeconomics and Microeconomics with its comparison

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In this article we will discuss about Economy and its types, Macroeconomic and Microeconomics and also discuss about Difference between Macroeconomics and Microeconomics with its comparison. Economics In general we say that , Economics is a branch where analysis of  production , distribution and consumption of goods and services. Economics is a study of man […]

Assumption of the Law of Supply

Concept of Supply : Introduction, Definitions, Determinants, Law of supply with diagram and assumptions

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In this Article we will discuss about Concept of Supply : Introduction, Definitions, Determinants, Law of supply with diagram and assumptions. We also discuss that why supply is important and study about positive or direct relationship between price and supply in the market. Concept of Supply : Introduction, Definitions, Determinants, Law of supply with diagram and […]

Economics

Elasticity of Demand : Meaning, Importance and its classification

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In this article we will study about Elasticity of demand. If you are looking for the Notes on Elasticity of demand, its meaning importance and classification then read this article. Meaning of Elasticity of Demand: Elasticity of Demand measures the degree change  price or other factors have a big effect on the quantity consumers want […]

3 methods for measuring national income

Methods for Calculation of National Income

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In this article we will study Methods for Calculation of National Income.. We will discuss different formulae of Calculation of National income Methods for Calculation of National Income Formulae for calculation of  National Income : 1). Net Indirect Taxes = Market Price – Factor Cost. 2). Depreciation = Gross value – Net value. 3). Net factor income […]

a demand curve

Theory of Demand and Law of Demand

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In this article we will study Theory of Demand and Law of Demand. we will discuss about Market Demand, meaning of demand, relation of demand  and price and also discuss about factors which affect market demand. In economics,Demand refers to  the desire of the people to buy a commodity backed by willingness and ability to […]

advantages & disadvantages of macroeconomics

Some basic Concept of Macroeconomics and Aggregates of economy

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In this article we will discuss about Some basic concept of macroeconomics and aggregates of economics,  types of goods produced in economy and classification of consumer goods. Some basic concept of macroeconomics and aggregates of economics Macroeconomics is that economy in which we study aggregates of economic system. Aggregates of economic means those variables which represent […]