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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…

Ask Anjali

Answer the Subscribers

Hi There! Its time for the ‘Answer the subscribers’. Today I will be addressing some of my valuable subscribers’ questions. I have been getting several emails/messages on Facebook regarding economics…

Central Bank and Its Functions

Every country has 1 central bank, it is that bank that looks after other banks but it does not deal with the public. Today we will be learning the meaning…

Process of Credit Creation

We will understand the process of credit creation by commercial banks. In case you missed, then you can revise the concept of Introduction To Money. Let’s start with the meaning…

Place Mix in Marketing

The third element of the marketing mix is place. Place mix in marketing is concerned with making the goods and services available at the right place, at the right time,…

Introduction To Money

Money is anything that is generally accepted as a medium of exchange, a measure of value, store of value, and the means for the standard of deferred payment. In this…

Average Total Cost

Average total cost in economics plays an important role in understanding how the firm cost of production falls over a period. Average total cost comprises of average fixed cost and…

Marketing Mix Element: Price

Price is the third element of the marketing mix. It is the amount of money paid by the buyer to the seller in consideration of the purchase of a product…

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