Control of Business Cycle Economic stabilization is one of the main remedies to effectively control or eliminate the periodic trade cycles which plague capitalist economy. Economic stabilization is
Theories of Trade Cycle / Business Cycle Economists have identified different causes for the occurrence of trade cycle in an economy and formulated various theories of trade cycles.
Introduction Every country, irrespective of the economic system prevailing, is subject to business and economic fluctuations. Certain business fluctuations are very short in duration, while there are fluctuations
What is Monetary Policy? Monetary policy refers to those measures adopted by the Central Banking authorities to manipulate the various instruments of credit control. The instruments of monetary
Characteristics of Indifference Curves The indifference curves have a number of attributes and interesting properties which have come to be known as characteristic features or properties of indifference
What is Gross Profit? Gross profit, in ordinary language is the surplus of total expenditure of the firm. If you refer gross profit anywhere, you actually mean the
Role and Responsibilities of Business Economists The role of Business Economist becomes increasingly important in view of the different objectives of the firm. He has a significant role
3 Important factors determining National Income There are a number of influences which determine the size of the national income in a country. It is on account of
Features of Perfect Competition in Economics In Economics, the following are the most important features of a Perfect Competition. Large number of buyers and Sellers. Homogeneous Product. Free
Study of Economics – Importance and Significance No subject of the present day is so important as economics. Economics governs the life of the individual, Society and the