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Microeconomics and Macroeconomics: Introduction
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Demand and Law of Demand
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Theory of Consumer Behaviour
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Elasticity of Demand
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Supply
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Market Mechanism
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Laws of Returns
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Cost and Revenue Analysis
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Forms of Market
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Producer's Equilibrium
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Determination of Equilibrium Price and Output Under Perfect Competition
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Theory of Income and Employment
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Money: Meaning and Functions
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Banks: Commercial Banks and Central Bank
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Balance of Payment
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Fiscal Policy
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Government Budget
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National Income and Circular Flow of Income
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National Income Aggregates
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Measurement of National Income
Balance of Payment
Balance of Payment
Introduction The exchange of goods and services is called trade. In the presence of international trade links, economies have been categorized as closed economy and open economy. Balance of Payments (BOP) is a systematic record of all economic transactions between the residents of a country (includ .... Read MoreForeign Exchange Rate
Introduction According to Crowther “the rate of exchange measures number of units of one currency which is exchanged in the foreign exchange market for one unit of another”. The various types of exchange rate system are: Fixed Exchange Rate system (includes Gold Standard System of Exchange Ra .... Read MoreTo Access the full content, Please Purchase