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Showing posts with the label Applied EconomicsShow all
Applied Economics
Unit XIII: Economics of Development - Applied Economics
Economic development is the development of the economic wealth of countries, re…
Applied Economics
Unit XII: Macro Stabilizing Policies - Applied Economics
Macroeconomic stabilization is a condition in which a complex framework for mon…
Applied Economics
Unit XI: The Mechanism of Foreign Exchange - Applied Economics
An exchange rate is a rate at which one currency can be exchanged for another. …
Applied Economics
Unit X: Business Cycle - Applied Economics
Business cycles are those fluctuations which recur in the aggregate economic ac…
Applied Economics
Unit IX: Consumption, Saving and Investment Functions - Applied Economics
Consumption is defined as the amount spent by people for buying goods and servi…
Applied Economics
Unit VIII: Theory of Employment - Applied Economics
Keynes’ theory of employment is a demand-deficient theory. This means that Keyn…
Applied Economics
Unit VII: National Income - Applied Economics
National income is the sum of the income of all individuals in a certain period…
Applied Economics
Unit VI: Factor Pricing - Applied Economics
Factors of production can be defined as inputs used for producing goods or serv…
