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Strong Domestic Economy:
We have to realise that healthy export sector can be built up only on a strong and efficient domestic economic structure. A sound domestic economy is a must if we want a self-sustaining buoyant export sector. We have to build up our own brands internationally and not depend upon artificial supports. Above all, simplicity, transparency and commitment to reforms are a must.
Strengthening the Patent System:
Considering Indian diversity in resource endowments and specially its characteristics as a mega bio- diversity zone of the world, India should strengthen her patent system so that Indian products may not be patented by other countries ahead of her. Various Indian products associated with geographical names need to obtain special treatments like their foreign counterparts in other products.
Modern cost curves theory
Non-existence of Objective Probability Distributions : Let us see why expectations are volatile in nature? According to Keynes (1936, pp. 149): "Our knowledge of the fact
how slustky equation provides neat analytical expression for substitution and income effect?
Laspeyres index The Laspeyres index tells us that: - The amount of money at present year prices which an individual requires to purchase bundle of goods and services which w
Describe the poverty cycle and suggest how a developing country can break the cycle. The poverty cycle is explained as the trap developing countries can land in; low incomes →
Discuss two factors that would increase demand for labortion..
1) The Economy cannot be considered fully employed unless the measured unemployment rate is below 1%. Agree or disagree and explain your answer in a paragraph. 2) A) Why would y
Briefly explain the main macroeconomic objectives of governments. Definition of macroeconomic issues Growth a) Enhance in national income per unit of time, a
causes of market failure and its solutions?
The Schrodinger wave equation generalizes the fitting-in-of-waves procedure. The waves that "fit" into the region to which the particle is contained can be recognized "by inspect
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