Description Abel, Bernanke, and Croushore present macroeconomic theory in a way that prepares students to analyze real macroeconomic data used by...
Author - Economics City
Value: In Economics, the value of a product is taken in two senses. (i) Value-in-use. (ii) Value-in-exchange. The utility of a product which one gets...
The Economics of Money, Banking, and Financial Markets set the standard for money and banking courses when it published in its first edition, and it...
In this upper-level undergraduate text, David Hyman delivers a solid economics-oriented approach to public finance and public policy. The 10th...
Gujarati and Porter’s Basic Econometrics provides an elementary but comprehensive introduction to econometrics without resorting to matrix...
DESCRIPTION: Maintaining G.S. Maddala’s brilliant expository style of cutting through the technical superstructure to reveal only essential details...
Economic Growth: Economic growth may be distinguished from economic development. Economic growth may be defined as the increase in production or...
It is commonly said that the economic development started after the year 1800. In this respect Angus Maddison who was an economic historical analysed...
There are a large number of definitions given by different economists. These are as follows: Prof. W. Elkan says, “Economic development means a...
As we have already told that the economic development is neither traditional neo- classical economics, nor it is political economy it is just a body...
The study of economic development is one of the newest, most dashing and most attracting branches of the broader disciplines of economics and...
The Traditional Economics deals basically with the efficient, least cost allocation of scarce productive resources and with the optimal growth of...
Wealth: In economic sense, any good or service that has value in exchange is called wealth. This means that any good and service that has the three...
The classical economists were of the view that economics has no relation with the nature of wants. In other words, economics has no concern with the...
Subject-Matter: Price determination, Consumers equilibrium, distribution and welfare are the subject-matter of microeconomics. Full employment...