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Propensity To Consume and Propensity To Save

The propensity to consume means willingness to consume and propensity to save means willingness to save. In this post, we will learn about these 2 concepts in detail. Let’s learn more…

Advertising in Promotion Mix

Advertising is used as an element or as an ingredient under the promotion mix. It means advertising plays an important role to promote any product. Advertising in the promotion mix…

Aggregate demand

Aggregate demand is an important element for determining the income level, consumption expenditure, investment expenditure, government expenditure, and net exports. In this post, we will focus on the aggregate demand…

What is the Perfect Market?

Hi there! It’s Saturday ‘Answer the subscribers’ post. I have got answers to subscribers questions. If you want answers to your questions just Subscribe to us. Let’s have a look…

Promotion – Marketing Management

Promotion in marketing management or in general refers to the use of communication with the objective of informing potential customers about the product and persuading them to buy it. Since…

The Price Elasticity of Supply

The Price Elasticity of Supply

The price elasticity of supply is a measure of the responsiveness of the quantity supplied to the change in the price of the commodity. It is also defined as the…

Change in quantity supplied & Change in supply

Changes in quantity supplied and movement along the supply curve are the same. Changes in supply and shift in supply are the same. These concepts are about the supply curve.…

The law of supply and its determinants

The law of supply and its determinants plays an important role for the producer. Remember, now you think of yourself as a producer and not a consumer. Think as if…

Monetary Policy & Its Tools

Monetary policy refers to the central bank policy to control the money supply in the economy. In this post, I will be discussing monetary policy and its tools. Let’s study!…

The Supply Curve

The way we have done the demand related concepts, in the same way, we will be discussing the supply related concepts. In this post, we will just focus on the…

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