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Macro Economics part 5 In Macro economics part 5 we will learn about aggregate demand and aggregate supply an it’s basic concept  and its effects in National Income of macro economics Aggregate Demand in macro economics part 5  Aggregate Demand  is the total demand for final goods and services in an economy during an accounting

OM : Astrology is the science of planet movement and it’s effect on the human nature due the movement of the planets. Some basic principles as: In the astrology there are nine planets i) Sun/Suryaa ii) Moon/ Chandramma iii) Mars/Magal iv) Mercury/ budh v)Jupiter/guru vi) Venus/ Shukra  vii) Saturn / Shani viii) Rahu/ Dragon’s head

   Market is a region where the buyers and sellers of a commodity come in contact with each other to effect the transactions of purchase and sale of the commodity. Market structure is number of firms and types of firms operating in the industry.  There are three basis on which market are defined:  Nature of

  COST: Cost of producing a good, in Economics is the sum total of all the Direct expenditure (actual money expenditure of a firm on purchasing goods or hiring factor services, called explicit cost) and Indirect expenditures (imputed value of the owners estimated value of inputs provided, called ‘implicit  cost   and Certain minimum profit ( amount

DIGARAMATIC PRESENTATION note; Kindly consult your respected text books for the practice of practical questions. Thanks It is a graphical  representation of data to help understanding pattern , relationship and distributions .It is the method that provides the quickest understanding of the actual situation to be explained by data comparison to tabular and textual  presentation

 Production function: The relationship between physical input and physical output of a firm is generally referred to as production function. The general form of production function is, q = f ( x1 ,x2) where, q = output, x1 = 1 input like labour, x2 = another input like machinery.  Variable factors  are  those factors, which can be

STATISTICS FOR ECONOMICS Economics by Alfred Marshall, “The study of man in the ordinary business of life”. Consumer “A consumer is one who consumes goods and services for the satisfaction of his wants”. Consumption “Consumption is the process of using up utility value of goods and services for the direct satisfaction of our wants”. Producer

Macro Economics part 3 consist  of study of Balance of payment and Foreign exchange  according to syllabus of class 12 Balance Of Payment, Its Structure And Components in macro economics part3 1. The balance of payments  of a country is a systematic record of all economic transactions between its residents and residents of the foreign

Macro Economic part 2 Macro economics part 2 consist of Government Budget of India which comprise the syllabus of class 12with complete detail and concepts Government Budget  1. A government budget  in macro economics 2 is an annual financial statement showing item wise estimates of expected revenue and anticipated expenditure during a fiscal year. 2. Budget