Definition, Importance, Limitations of Macro- Economics
Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on the aggregate changes in …
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Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on the aggregate changes in …
The following points highlight the main reasons for low rate of capital formation in an economy. (i) Low Level of National Income and Per Capita …
A theory that scarcity exists in the sense that only finite and insufficient resources are available to satisfy the needs and desires of all human …
An important aspect of present industrial policy of the Government is that it should not operate commercial enterprises. With that end in view the Government …
The New Industrial Policy of 1991 comes at the center of economic reforms that launched during the early 1990s. All the later reform measures were …
India is regarded as one of the fastest growing major economy in the world. Since 2010, while most emerging economies witnessed a declining trend in …
Economic growth has been defined in two ways. In the first place, economic growth is defined as sustained annual increases in an economy’s real national …
Process of Business Environment Analysis The process of Business environment analysis involves many steps, which are as follows: Collection of necessary information. Scanning and searching …
The following are the ten important characteristics of a business Economic Activity Business is an economic activity of production and distribution of goods and services. …