.gif)
IES
IES - Demand Elasticity
IES (Indian Economics Service) - [General Economics Paper - I (Section A) Question - 1 (a) 2022] Show that the ordinary demand curve will have a greater demand elasticity than the compensated demand curve. Answer: The ordinary demand curve shows the relationship between the quantity demanded of a good or service and its price, holding all other factors constant. The…
Read more.gif)
Economics
Branches of Economics
Branches of Economics Economics is the study of how societies, governments, businesses, households, and individuals allocate their scarce resources. Within economics, there are two main branches: microeconomics and macroeconomics. Microeconomics : Microeconomics is the study of individual economic decision-making, such as how households and firms make choices and h…
Read more.gif)
Economics
Cobb-Douglas Production Function
Cobb-Douglas Production Function The Cobb-Douglas production function is a mathematical representation of the relationship between the inputs (such as labor and capital) and the output (the quantity of goods or services produced) of a firm or an economy. It is a widely used tool in economics to analyze production and growth. The general form of the Cobb-Douglas prod…
Read more.gif)
Economics
Black Book Project
How to make Black Book Project A black book project is a type of research or analysis project that involves gathering and organizing information about a specific topic, often for the purpose of making strategic decisions or planning for the future. Here are some steps you can follow to create a black book project: Identify the purpose of the project: Clearly defin…
Read more.gif)
Stock Market
Equity
What is Equity? Equity refers to the ownership interest in a company. It represents the residual value of a company's assets after all debts and liabilities have been paid. In other words, equity represents the value of a company that belongs to its shareholders. There are two main types of equity: common equity and preferred equity. Common equity represents the…
Read more.png)
.png)
.png)
.png)
.png)