Economics What is the Concept of Green GNP ? 31 Jul 202013 Jun 2021 What is the Concept of Green GNP ? In the recent years the economists have realized that the costs of producing GDP need to be incorporated in estimating GDP to…
Economics… Difficulties in the Measurement National Income 30 Jul 2020 Difficulties in the Measurement National Income - There are many difficulties in measuring national income of a country correctly. The difficulties are of two types in nature conceptual and statistical.…
Economics Income Method of Measuring National Income 29 Jul 20209 Aug 2020 Income Method of Measuring National Income - Income method measures national income at the phases of distribution and appears as income paid and/or received by individuals of the country. In…
Economics… Expenditure Method of Measuring National Income 28 Jul 20209 Aug 2020 Expenditure Method of Measuring National Income - Expenditure method gives the national income by adding up all the expenditures made on goods and services during a year. Income can be…
Economics Value Added Method of Measuring National Income 27 Jul 20209 Aug 2020 Value Added Method of Measuring National Income - Value Added Method is also called Output Method or Production Method. In this method, the economy is divided into different industrial sectors…
Economics Fiscal Policy, Equitable Distribution of Income and Price Stability 26 Jul 202028 Jul 2020 Fiscal Policy and Equitable Distribution of Income - Existence of inequalities is a social evil and no measure of economic development can increase welfare unless an equitable distribution of income…
Economics… A Brief Introduction to Public Finance 25 Jul 2020 What is Public Finance ? According to Dalton, 'Public finance is concerned with the income and expenditure of public authorities and with the adjustment of one to the other.' According…
Economics How Fiscal Deficit Affects Economic Growth ? 24 Jul 2020 How Fiscal Deficit Affects Economic Growth ? Keynesian View - According to many Keynesian economists fiscal deficit promotes economic growth. In India, in the past some years as between 1997-2003,…
Economics What are the Different Types of Deficit ? 23 Jul 202026 Jul 2020 What are the different types of Deficit ? Budget Deficit - A budget deficit occurs when an organization or government does not earns enough revenue to cover its expenditure. There…
Economics… What is Money Financing of Budget Deficit ? 22 Jul 2020 What is Money Financing of Budget Deficit ? The government can finance it budget deficit by printing high powered money. The revenue raised through printing new money is also called…
Economics… How Growth of Money Supply is related to Budget Deficit ? 21 Jul 2020 How Growth of Money Supply is related to Budget Deficit ? There are two possible links (or relations) between budget deficit and growth of money supply. First, the budget deficit…
Economics… What is the Government Budget Constraint ? 20 Jul 2020 What is the Government Budget Constraint ? Generally, the government finances its expenditure through the revenue received from taxes (both direct and indirect). When government expenditure exceeds its revenue received…
Economics… What are the Effects of Debt Financing ? 19 Jul 202019 Jul 2020 What are the Effects of Debt Financing ? Mainly there are two effects - (a) Crowding Out Effect of Debt Financing (b) Wealth Effect of Debt Financing (a) Crowding Out…
Economics… What is Government Borrowing or Debt Financing of Budget Deficit ? 18 Jul 2020 What is Government Borrowing or Debt Financing of Budget Deficit ? Government borrowing is a fiscal method used by the government to mobilise savings of the community for economic development…
Economics What is the Role of Fiscal Policy in Economic Growth ? 17 Jul 2020 What is the Role of Fiscal Policy in Economic Growth ? In the developing countries, government plays a very important role in accelerating economic growth and development by using fiscal…
Economics… What is Fiscal Policy and Its Objective ? 16 Jul 2020 What is Fiscal Policy and Its Objective ? Fiscal policy is the policy which is related to the Taxation, Expenditure and Borrowing by the Government. Fiscal policy is the most…
Economics What is the Role of Monetary Policy in Economic Growth ? 15 Jul 2020 What is the Role of Monetary Policy in Economic Growth ? Economic growth means expansion in productive capacity or capital stock which in turn increases real national output or income…
Economics… What are the Instruments of Monetary Policy ? 14 Jul 2020 What are the Instruments of Monetary Policy ? The Central Bank of a country has the responsibility of maintaining economic stability by controlling the volume and direction of credit in…
Economics What is Monetary Policy and Its Objective ? 13 Jul 2020 What is Monetary Policy and Its Objective ? Monetary Policy - Monetary policy is concerned with the measures taken to regulate the supply of money, the cost and availability of…
Economics How to Correct Disequilibrium in the Balance of Payments ? 12 Jul 202012 Jul 2020 How to Correct Disequilibrium in the Balance of Payments ? According to the classical view of the adjustment mechanism, an active or passive balance, accompanied by an inflow or outflow…
Economics What Causes Disequilibrium in the Balance of Payments ? 11 Jul 2020 What Causes Disequilibrium in the Balance of Payments ? Before we explain what causes disequilibrium in the balance of payments of a country, we need to understand the factors or…
Economics What is the Equilibrium and Disequilibrium in the Balance of Payments ? 10 Jul 202019 Jul 2020 What is the Equilibrium and Disequilibrium in the Balance of Payments ? When we add up all the demand for foreign currency and all the sources from where it comes,…
Economics… What is the Concept of Balance of Payments ? 9 Jul 2020 What is the Concept of Balance of Payments ? In the modern world, it is very rare that any country is self sufficient means that it can produce all the…
Economics… What is Capital Output Ratio ? 8 Jul 2020 What is Capital Output Ratio ? Capital output ratio is the amount of capital required to produce output worth Rs.1. If Y stands for output (or income) and K stands…
Economics… Which Factors Determines Economic Growth ? 7 Jul 2020 Which Factors Determines Economic Growth ? - The process of economic growth is highly complex and is influenced by various factors such as social, political, economic and cultural factors. According…
Economics… What is Economic Growth and Development ? 6 Jul 2020 What is Economic Growth and Development ? Economic Growth - It has been defined in two ways - first - Economic growth is defined as a sustained annual increase in…
Economics… Indian Response To The Financial Crisis 5 Jul 2020 Indian Response To The Financial Crisis - The major effects of the financial crisis were - 1. Stock Market Crash 2. Depreciation of Indian Rupee due to capital outflow by…
Business… Impact of Global Financial Crisis on India 4 Jul 2020 Impact of Global Financial Crisis on India - Since 1991 following the policy of globalisation, the Indian economy was also opened to foreign capital and trade of goods and services,…
Business… Global Financial Crisis (2007-09) 3 Jul 2020 Global Financial Crisis (2007-09) - Burst of Sub-Prime Housing Bubble - The Origin of Crisis - From the second half of 2007 in the United States a financial crisis started…
Economics… GATT and WTO 2 Jul 2020 GATT and WTO - General Agreement on Tariffs and Trade (GATT) - During the period of Great Depression (1929-1933) and the Second World War various countries imposed high tariffs on…
Business… Effects of Regional Trade Agreements – Trade Creation and Trade Diversion 1 Jul 2020 Effects of Regional Trade Agreements - Trade Creation and Trade Diversion Liberalisation of trade by eliminating tariffs within a free trade area or customs union has both benefits and costs…
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