Definition of economics

Definition of economics

Definition of Economics Definition of Economics- Simple Definition of Economics- “Economics is a Branch of  social (behavior of people living in society) science (study of theories in the systematic ways) …

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Micro and Macro Economics

Micro and Macro Economics

Micro and Macro Economics Micro and Macro Economics- Micro and Macro Economics-Microeconomics is the studies of the behavior of small and individual economic units of an economy, while Macroeconomics is …

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Types of Money

Types of Money

TYPES OF MONEY Money is one of the most important discoveries of the human civilization. It is difficult to think about the world without money. Everybody needs money for various …

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Law Of Supply

Law Of Supply

Law Of Supply The law of supply states the direct (positive) relationship between price of the commodity and quantity supplied of a commodity , keeping other factors constant. The law …

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Demand Schedule, Demand Function, Demand Curve

Demand Schedule, Demand Function, Demand Curve

DEMAND SCHEDULE, DEMAND FUNCTION, DEMAND CURVE DEMAND SCHEDULE The demand schedule is a tabular statement showing an inverse relationship between various quantities of a commodity that would be demanded and …

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DEMAND AND TYPES OF DEMAND

Demand Meaning types of demand

DEMAND AND TYPES OF DEMAND Demand refers to the quantity of a commodity that consumers are willing and able to purchase or buy, at each possible price during a particular …

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