Trend in National Income and Per capita income

NATIONAL INCOME The study of National Income is important because of the following reasons: To see the Economic Development of the country. To assess the developmental objectives. To know the contribution of the various sectors to National Income. Internationally some countries are wealthy, some countries are not wealthy and some countries are in-between. Under such … Read more

Issues related to Unemployment

Nature, types and Problems of Unemployment in India:-Unemployment may be defined as “a situation in which the person is capable of working both physically and mentally at the existing wage rate, but does not get a job to work”. India is one of those ill-fated underdeveloped countries which is suffering from a huge unemployment problem. … Read more

Quick Revision- MONETARY POLICY TOOL

Monetary Policy TOOL: There are several direct and indirect instruments that are used for implementing monetary policy. Repo rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the Liquidity Adjustment facility (LAF). Reverse Repo Rate: The (fixed) interest rate … Read more

Concept of Money Supply and High Powered Money:-For RAS/RTS Exams

Money Supply is the entire stock of currency and other liquid instruments in a country’s economy as of a particular time. The money supply can include cash, coins and balances held in checking and Savings accounts. Money Supply can be estimated as narrow or Broad Money. There are four measures of money supply in India … Read more

Double Dip Recession

Here is a list of subtopics on Double Dip RecessionRecession: Causes of a double dip recession Effects of a double dip recession How to prevent a double dip recession Examples of double dip recessions How to recover from a double dip recession A double dip recession is a recession that occurs after a period of … Read more

Reflation

Here is a list of subtopics without any description for Reflation: Causes of reflation Effects of reflation Policies to achieve reflation Examples of reflation Criticisms of reflation Prospects for reflation I hope this helps! Reflation is a policy aimed at increasing the general level of prices and economic activity in an economy. It is typically … Read more

Disinflation

Here is a list of subtopics without any description for disinflation: Causes of disinflation Effects of disinflation Disinflation vs. DeflationDeflation Disinflation policies Examples of disinflation How to measure disinflation How to prevent disinflation What is the future of disinflation? Disinflation is a decrease in the rate of InflationInflation. It is a gradual slowing of the … Read more