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DEMOGRAPHIC PROFILE:
A demographic profile of India can be prepared out of the data collected by the office of the Registrar General of India who is the responsible authority for conducting an all-India census of population every ten years. The census of India unleashes a vast store of official data relating to the demographic scene in the country. It is with the help of this that a concise demographic profile of the country can be prepared. The country's first all-India census was completed in 1872. Thereafter, decennial censuses have been organised in the years ending in '1', i.e., 1881, 1891, 1901, 1911, 1921, etc. The last such census, i.e., 14th census was completed in March, 2001. The data in the census has been collected on the reference date namely March 1, 2001. The census in India is conducted under the Census Act, 1948, which makes it obligatory for the public to provide all answers correctly and fully.
Price Level:Overall average level of nominal prices in the economy can be calculated, most often as a weighted average of the prices of individualservices and goods (with weighting
A market is nothing more or less than the locus of exchange, it is not of necessity a place, but easily buyers and sellers coming together for transactions. Transactions happen
RECENT DEVELOPMENT IN DEMAND ANALYSIS: For many years economic theorists analysed the optimal behaviour of consumers while econometricians estimated consumer demand and expend
explain the relationship between ATC,AVC and MC by using diagram
Equilibrium is explained as follows: Equilibrium is the state in which there are no shortages and surpluses; or we can say that the quantity demanded is equal to the quantity s
Define the term “cross elasticity of demand” (2 marks) Price of commodity X (SH) Demand for commodity X (Units) 12 80 16 100 20 120 24 140 28 160 d) The following data relate to a
The Industry's Long-Run Supply Curve * Long-Run Elasticity of Supply 1) Constant-cost industry Long run supply is horizontal Small increase in price will induc
what is The most important source of oligopoly?
The prevention of major swings in economic activity can be handled most easily by the
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