National Income Accounting
National Income Accounting: Understanding Macroeconomic Measures National income accounting is a fundamental component of macroeconomics that quantifies a nation’s economic
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Economy
Alfred Marshall
Alfred Marshall: Alfred Marshall (26 July 1842 – 13 July 1924) stands as one of the most influential economists in
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Adam Smith Adam Smith was a Scottish economist and philosopher who was a pioneer in the thinking of political economy
Read MoreThe Sectors of Economy
Understanding the Sectors of Economy: Primary, Secondary, and Tertiary The global economy is a complex system that economists divide into
Read MoreMixed Economy
Mixed Economy: Origins, Advocacy, Global Adoption, Successes, Challenges, and the Indian Context A mixed economy represents a synthesis of capitalism
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State Economy: The Antithesis to Capitalism State economy represents a fundamental alternative to the capitalist economic model, characterized by government
Read MoreThe Fisher Effect
The Fisher Effect: Understanding the Relationship Between Inflation and Interest Rates The Fisher Effect represents one of the most fundamental
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PM GATISHAKTI
PM GATISHAKTI: Powering India’s Infrastructure Growth Introduction In August 2021, India’s Prime Minister Narendra Modi unveiled a visionary and ambitious
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The Incremental Capital Output Ratio (ICOR)
The Incremental Capital Output Ratio (ICOR) is a key concept in economics and finance that plays a crucial role in
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The Capitalist Economy
Introduction The capitalist economy is a system characterized by private ownership, market competition, profit maximization, and minimal government intervention. Also
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