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Indifference curve

What is the indifference curve analysis?

Another important topic in economics after the budget line is the indifference curve analysis. The word ‘Indifference’ means being ‘neutral’ or having no effects at all. An indifference curve is…

Energy- Issues, Challenges and solution

What are some energy problems?

Energy is a crucial part of economic infrastructure. There are several challenges when it comes to energy: it is mostly insufficient in the rural sector, not only due to affordability…

Probability

What is Probability?

Probability is a measure of the likelihood of an event to occur. Many events cannot be predicted with total certainty. We can predict only the chance of an event to occur,…

Development Path of Pakistan

In the late 1950s and 1960s. Pakistan introduced a variety of regulated policy framework for import substitution industrializing.

the Great Proletarian Cultural Revolution, was a sociopolitical movement in China from 1966 until 1976. Mao Zedong, the chairman of the Communist Party of China, launched it.

Development Experience of India, Pakistan, and China

Great Leap Forward in China started in 1858.

Global warming is a direct result of a man-made increase in carbon dioxide and other greenhouse gases because of the burning of fossil fuels and deforestation

Global Warming- Definition, causes, effects

Global warming is a direct result of a man-made increase in carbon dioxide and other greenhouse gases because of the burning of fossil fuels and deforestation

Sustainable Development in India

What are the Strategies to Achieve Sustainable Development in India?

Sustainable economic development is one of the most important concerns of India. But it is the moral responsibility for every citizen to do their part. Let’s learn ways to achieve…

Budget line

The Budget line in economics

This post includes points surrounding the budget line, features of the budget line, and the changes in the budget line. But first, you can go through the meaning of the…

Relations & Functions

Relations & Functions

Relations and functions are part of algebra. Relations are similar to sets, but there are things to know before understanding the concept of relations. Let’s go step by step to…

Sustainable Development

What is Sustainable Economic Development?

To save our future environment every nation is in dire need of sustainable economic development. Today we will understand the meaning of sustainable economic development, the Brundtland Commission, and the…

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