Economics ,Demand ,Supply ,Elasticity of demand and supply, break even analysis

Demand | assumption of demand |

ASSUMPTION OF DEMAND:- i. Homogeneous Units:- It is assumed that the units of product are homogeneo...Read More

ASSUMPTION OF SUPPLY:- 1. Cost of production:- It is assumed that the cost of production does not change because rise in price due...Read More

LAW OF SUPPLY:- Introduction:- Law of supply explain the relationship between price of a commodity and quantity supplied. Norma...Read More

LAW OF DEMAND INTRODUCTION:- Demand refers to the quantity of commodity which people are ready to buy at different price...Read More

Importance of studying economics Introduction:- Economics is one of the most useful branches of knowledge. It is ...Read More

MACRO ECONOMICS;- It is defined as “Macro economics deals not with the individual quantities, but with the aggregates of t...Read More

MICRO ECONOMICS INTRODUCTION:- In the beginning, there was only one economics. After the great depression of 1930`s th...Read More