The major and important objectives of the public sector are: Acceleration of Economic Growth and Industrialization: In a developing country, like India, some ...

Output, total assets, fixed capital and employment are some of the major criteria to measure size of the industrial units. An important structural change of ...

The Foreign Exchange Regulation Act (FERA) purposes to regulate dealings in foreign exchange and securities, import and export of currency and to conserve the ...

The macro-economic environment has certain critical elements which are as follows: Economic system. Nature of the economy. Anatomy of the economy. ...

Demand for money and supply of money: Money is a function of four medium, standard, unit and store. Money is anything which performs following four ...

Investment Function: The classical economists opined that saving as well as investment both are a function of rate of interest. Saving is a direct function ...

Circular flow of income in a two sector economy: (Without Financial Sector): In two sector economy, it is assumed that government has no interference. Economy ...

Derivation of labor supply curve: Firstly, we look at the total supply of labor. The number of people willing to work is called the labor force and ...

The short run and long run cost curves are derived from the same production function. Each curve assumes given prices for all inputs. In the long run, all ...

Game theory analyzes the way that two or more firms (players) choose their strategies that jointly affect the profits of each other. Game theory has been used ...

Movement along a demand curve: Movement along a demand curve is refers to change in quantity demanded due to change in price in the same demand schedule. ...

Sources of gain from international trade : Gains from trade are commonly described as resulting from: A resulting increase in total output possibilities. ...