Tag: economics
Business Economics
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 policy …
Business Economics
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 curves. …
Business Economics
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 entry …
Business Economics
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 modern …
Business Economics
Divisions of Economics Based on the subject-matter, Economics can be divided into Consumption, Production, Exchange, Distribution and Public Finance. They are briefly explained below. 1. Consumption Since the existence …
Micro Economics
Role and Significance of Elasticity of Demand The concept of Elasticity of demand has significant role to play in economic theory and practice and we shall study the importance …
Finance
Objectives of RBI Monetary Policy The Monetary Policy of Reserve Bank of India has four major objectives. They are Exchange rate stability Price stability Encouraging employment growth Assisting for …
