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Money Supply

Money supply is the total stock of currency and other liquid assets circulating in a country's economy at a particular ...
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What is productivity?

Productivity is defined as the measure of output per unit regarding input. Higher productivity means more output (production) regarding quality ...
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Multiplier Effect

The multiplier effect The multiplier effect refers to the increase in the final income, which arises from the spending (C) ...
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Mixed Economy

Mixed Economy A mixed economy is the combination of capitalism and socialism. A mixed economic system allows to protect private ...
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Capitalism

Capitalism Capitalism refers to a system in which all firms, factories and other means of production are own by the ...
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Socialism

Socialism Socialism is a system in which the means of production are own by the public or sometimes called the ...
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Fiscal Policy

Fiscal policy Fiscal policy is a policy, in which government tries to decrease or increase their spending by changing the ...
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The Game Theory

The Game Theory Game theory shows the human behavior in a competitive situation, where it studies how they choose their ...
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Unemployment and types of unemployment

Unemployment Unemployment is a situation in the economy, where a person who is actively searching for work but unable to ...
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Inflationary And Deflationary Gap

Inflationary And Deflationary Gap Full employment or equilibrium is not sufficient in the economy, or there may not always be ...
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The division of labour

Division of labour Division of labour refers to the production process in which we produce a particular product in different ...
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What is money? Definition, and types

What is money? Money is officially issued legal tender usually notes and coins by the government. It is used as ...
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Circular flow model

Circular flow model The circular flow model shows the circulation of Income (Y) from one sector to another sector. Like households ...
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IS-LM Curve

IS-LM Curve IS curve IS curve shows the relationship between investment and saving, where at every point on IS curve ...
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Weekly business news

The OPEC deal is done price may reach to $60 30th Nov 2016 It was a tough decision to made ...
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Externalities

Externalities, positive and negative An action which is cause a party regarding negative or positive effects and this party is ...
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Top five weekly business news

1. UK growth rate 0.50% is confirmed 25 November 2016 Leaving EU would be a big disaster for the UK ...
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Top five weekly business news

1. Inflation rate falls in the UK 13th November 2016 The UK unemployment falls to lowest in a decade. The ...
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Law Of Diminishing Marginal Utility

Law of diminishing marginal utility The law of diminishing marginal utility states that as a consumer increase the consumption of ...
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Opportunity Cost

Opportunity Cost Opportunity Cost refers to the give up one course to take another course of action. When it comes to ...
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Unemployment and types of unemployment

Unemployment A situation in which someone who is willing to work but unable to find work. Note: A person who is ...
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Monopolistic Competition

Monopolistic Competition Monopolistic competition is a market structure where firms have many competitors and every firm sells a slightly different ...
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Perfect Competition

Perfect Competition Perfect competition is a market structure where a large number of buyers and sellers interact each other. And ...
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Mercantilism

Mercantilism Definition Mercantilism theory of international theory was practice in 15th to 18th century in Europe. It was a basic ...
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Economic Growth And Economic Development

Economic Growth Economic growth is an increase in the real GDP (goods and services) of a nation over the period ...
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Market Equilibrium

Market Equilibrium Market Equilibrium refers to a price at which both parties producers and consumers are agreed to exchange. When ...
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Supply Curve Movement and Shifts

What is Supply? In the goods market, supply is the amount of a product per unit of time that producers ...
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The Law Of Demand

The Law of Demand https://www.youtube.com/watch?v=BjYLdj9892Q The law of demand states that, if all other things remaining the same, the demand ...
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