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What Do We Mean By An Economy?

Well, ‘Economy’ and ‘Economics’ are two different terms when we say ‘Economics’ we focus on the distribution of resources in such a way that human maximum wants can be satisfied…

What Is The New Economic Policy Of India?

This one is an important question, especially if you are preparing for any competitive exam, you must know this as a bare minimum. We have already discussed what led to…

Why Were The Economic Reforms Introduced In India?

Well, when I googled for ‘Economic Reforms‘ then I came to know, that this is one of the most asked questions: Why were the Economic Reforms introduced in India? What…

What are the Different Types of Numbers?

A common question asked by the students is ‘what are the different types of numbers in Maths or Applied Mathematics’? Let’s discuss it, as it will also help you all…

Introduction To Economics

Some common questions that students who are starting economics ask are “What is Economics?” “What we will study in this subject?” and so on. Let’s answer your questions related to…

Microeconomics: Numerical problem on Budget Set

Today, I am going to solve a question asked from me on the ‘Quora platform’. Some of you, who have not studied the concept of income and substitution effect might…

How To Write The Elements Of a Set?

Let’s see how can we write the elements of a set theory? In order to do so, we have two methods:

What is trade policy?

Trade policy: Why are we discussing trade policy? Because trade connects the countries, so to excel in economics you need to have a clear understanding of trade policy. Every country…

Applied Mathematics: Set Theory

Well congratulations to all the new commerce students, because you got lucky with the introduction of applied mathematics subjects in your curriculum. This subject is useful for all the commerce…

Small Scale Industries

Industries are of different types; one of the classifications of the industries is based on its operation. Based on their scale, industries can be large or small. Let’s discuss small…

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