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Fiscal Deficit -Meaning, Calculation, Components, Implications, Causes, Measures and Importance

By PreetiPosted on July 31, 2024Posted in M.COM/B.COM, M.Com/B.Com, Macroeconomics, Managerial Economics, MBA/BBA

Fiscal Deficit Meaning, Calculation, Components, Implications, Causes, Measures and Importance of Fiscal Deficit Meaning Fiscal deficit denotes excess of government expenditure over government’s income (i.e. revenue). It is commonly expressed as a percentage of GDP. Although fiscal deficit invariably varies from one year to another, unsustainable or high rates of fiscal deficit poses complications […]

Fiscal Policy – Meaning, Definition, Instruments and Objectives

By PreetiPosted on July 31, 2024Posted in M.COM/B.COM, M.Com/B.Com, Macroeconomics, Managerial Economics, MBA/BBA

Fiscal Policy Meaning, Definition, Instruments and Objectives Meaning The ‘fiscal policy’ refers to the government policy of changing its taxation and public expenditure programmes intended to achieve certain predetermined objectives. An effective and good fiscal policy uses various fiscal tools like taxation, expenditure and public borrowing in a proper combination so as to achieve the […]

The Absolute , Relative and Permanent Income Hypothesis

By PreetiPosted on July 20, 2024Posted in M.Com/B.Com, Macroeconomics, Managerial Economics, MBA/BBA

The Absolute , Relative and Permanent Income Hypothesis In macroeconomics, the Absolute Income Hypothesis, Relative Income Hypothesis, and Permanent Income Hypothesis provide different perspectives on how income influences consumption behavior, which in turn affects aggregate demand, savings, and overall economic stability. Here is a detailed look at each hypothesis in the context of macroeconomics. Let’s […]

Income- Consumption Relationship – Simplynotes

By PreetiPosted on July 20, 2024Posted in M.Com/B.Com, Macroeconomics, MBA/BBA

Income- Consumption Relationship The relationship between income and consumption is a fundamental concept in economics that describes how changes in income affect consumer spending. This relationship is crucial for understanding consumer behavior, designing fiscal policies, and analyzing economic growth. Here are the key aspects of the income-consumption relationship: Key Concepts 1. Consumption Function The consumption […]

Boom and Recession – Meaning, Features, Causes and Key Differences

By PreetiPosted on July 20, 2024Posted in M.Com/B.Com, Macroeconomics, Managerial Economics

Boom and Recession Meaning, Features, Causes and Key Differences In economic terms, “boom” and “recession” represent opposite phases of the business cycle, reflecting the fluctuations in economic activity over time. Meaning of Boom In the context of the trade cycle, a “boom” refers to a phase of strong economic growth and expansion. Booms are characterized […]

High Quality Button Badges

By PreetiPosted on July 15, 2024Posted in Uncategorized

Elevate Your Brand with Custom Button Badges and Name Badges from Button Badge Factory In today’s fast-paced world, where first impressions matter more than ever, custom button badges and name badges have become essential tools for businesses, events, and organizations. Whether you’re looking to promote your brand, recognize your team, or add a personal touch […]

Macroeconomics Equilibrium – Meaning and Important Implications

By PreetiPosted on July 15, 2024Posted in M.COM/B.COM, Macroeconomics, MBA/BBA

Macroeconomics Equilibrium In the simplest terms, equilibrium is a state of balance or state where there is no change. The forces acting in the system may bring about a change in the economy. However, the net effect of the change is that the equilibrium position does not, in any way, get disturbed. On the other […]

Stock and Flow variables

By PreetiPosted on July 15, 2024Posted in M.Com/B.Com, Macroeconomics, MBA/BBA

Stock and Flow variables Both stock and flows are variables. Generally, most of the economic variables that are studied are categorized either as stock or flow variables. Both are quantities that may increase or decrease over time. However, there is a difference between them. Stock variables are those which are measured at a point of […]

National Income – Meaning, Definitions and Measurement

By PreetiPosted on July 15, 2024Posted in Macroeconomics, Managerial Economics, MBA/BBA

National Income Meaning, Definitions and Measurement Meaning of National Income National income refers to the total value of goods and services produced within a country’s borders in a specific time period, typically a year. It is a key indicator of a country’s economic performance and is used to measure the overall health and growth […]

Scope of Macroeconomics

By PreetiPosted on July 14, 2024Posted in Macroeconomics, MBA/BBA

Scope of Macroeconomics Macroeconomics is a branch of economics that deals with the behavior, structure, and performance of an economy as a whole. The scope of macroeconomics is broad and encompasses several key areas of study and analysis related to the economy as a whole. Here are the main components of macroeconomic analysis: 1. Aggregate […]

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