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What is Marketing Management?

Marketing management is the management of all activities related to marketing. It refers to planning, organizing, directing, and controlling which results in the exchange of goods and services. Let’s discuss…

Learn how to solve numerical on price elasticity of demand

Numerical on Price Elasticity of Demand

After learning the law of demand, meaning, and formulas of price elasticity of demand. Now, we will understand how to solve the numerical on the price elasticity of demand. I…

Failing to Plan is Planning to Fail

A beautiful quote by Benjamin Franklin, states if you don’t plan for your future than you will fail. To do Planning, you need to be innovative and creative because planning…

Value Added Method

Value Added Method of National Income

There are 3 main methods for calculating National Income; Value-added method, Income method, and the Expenditure method. Today, I will be explaining the value-added method but To understand this method…

7 Lessons I Learned from Writing Every Day for 100 Days

7 Lessons I Learned from Writing Every Day for 100 Days

First of all, thank you so much for such a positive response to this blog. You have been an incredible audience, and I appreciate every one of you. I have…

Price Elasticity of Demand

What is the Price Elasticity of Demand?

This is one of the most scoring topics in microeconomics. Since you all have gone through the concept of demand, now in this post I will be explaining the meaning…


Problems and Solutions to Unemployment in India

When we learned about types of employment, we came to see that India has a formal and informal sector of employment. Now when a person is able and willing to…

Formal and Informal Sector of Employment

Formal and Informal Sector of Employment is an activity that enables a person to earn, that is, a person gives his services and gets paid in return. So, if all…

Change in Demand and Change in Quantity Demanded

The above-mentioned terms look similar. Isn’t it? But they are different from each other, and I know that students find them to be very confusing. Let me help you understand…

Agricultural Diversification

What is the Agricultural Diversification?

To develop the rural sector, we need to focus on alternative options related to agriculture. Diversification means having other alternative options. The need for agricultural diversification arises from the fact…

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