Notes and Study material for Exams
The primary energy consumption in India is the third biggest after China and USA with 5.5% global share in 2016.The electricity generation target of conventional sources for the year 2017-18 has been fixed as 1229.400 Billion Unit (BU). i.e. Growth of around 5.97% over actual conventional generation of 1160.141 BU for the previous year (2016-17). The conventional … Read more
Procurement and Distribution Procurement and distribution are two of the most important functions in any business. Procurement is the process of acquiring goods and services, while distribution is the process of getting those goods and services to the customer. Both functions are essential to the success of any business, and they need to be well-managed … Read more
Supply Chain Management Supply chain management (SCM) is the management of the flow of goods and services and related information between the point of origin and the point of consumption in order to meet customer requirements. SCM activities involve the integration of key business functions within and across enterprises, from procurement, through manufacturing and LogisticsLogistics, … Read more
Here is a list of subtopics without any description for Skewflation: Causes of skewflation Effects of skewflation How to measure skewflation How to mitigate skewflation Examples of skewflation History of skewflation Theories of skewflation Related topics Skewflation is a term used to describe a situation where the prices of some goods and services are rising … Read more
The following are the subtopics of narrow MoneyMoney: Currency in circulation Demand deposits Narrow money is a measure of the Money Supply that includes only the most liquid forms of money. It is typically defined as currency in circulation plus demand deposits. Currency in circulation refers to the physical money that is in the hands … Read more
The following are subtopics of market price: Market price is the price at which a good or service is bought and sold in a competitive market. Market price is determined by the interaction of supply and demand. Supply is the amount of a good or service that producers are willing and able to sell at … Read more
Price elasticity of demand Income elasticity of demand Cross-price elasticity of demand Elasticity of supply Total revenue Consumer surplus Producer surplus Deadweight loss Price elasticity of demand is a measure of how much the quantity demanded of a good or service changes in response to a change in its price. It is calculated as the … Read more
Law of demand Law of supply Demand curve Supply curve Equilibrium price Equilibrium quantity Market equilibrium Market disequilibrium Shifts in demand Shifts in supply Elasticity of demand Elasticity of supply Consumer surplus Producer surplus Total surplus Welfare economics The law of demand states that, all other things being equal, the quantity demanded of a good … Read more