Simultaneous equation methods of forecasting, The economic model forecastin...

The economic model forecasting involves estimating several simultaneous equations which are generally behavioural equation mathematical identities and market clearing equations. T

Trends of national income, TRENDS OF NATIONAL INCOME: Estimates relati...

TRENDS OF NATIONAL INCOME: Estimates relating to India's national income and per capita income are available to us for each of the years beginning 1950-51. These estimates are

Monopoly, Let''s assume that a monopolist decides to maximize revenue, rath...

Let''s assume that a monopolist decides to maximize revenue, rather than profit. How does this operating objective change the size of the deadweight loss?

Differentiate between nominal and real exchange rate, Differentiate between...

Differentiate between nominal and real exchange rate.  Nominal exchange rate is the rate which actually prevails in the foreign swap market. The real exchange rate is the rate

Economic champter 1, provide 3 examples of 1210 billionares in the world fa...

provide 3 examples of 1210 billionares in the world face scarcity

Critically examine recent development in demand theory,

Opportunity cost, what are the concept of opportunity cost

what are the concept of opportunity cost

General equilibirium, What is the theory of second best? Prove the theorem ...

What is the theory of second best? Prove the theorem with the help of a diagram

Explain term Markets , A market is nothing more or less than the locus of e...

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

Elasticity of Demand, the price elasticity for gizmos is known to be 1, if ...

the price elasticity for gizmos is known to be 1, if sellers of gizmos increase their