Aggregate supply refers to the money value of final goods and services that all the producers are willing to supply in an economy during a given period of time. I…

Hi there. In this post, I will be writing about the important points related to the average and marginal propensity to consume. I will recommend you to read my post…

Hi there. In this post, I will be writing about the important points related to the average and marginal propensity to consume. I will recommend you to read my post…

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…

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…

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!…

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…

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…

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…

The counting of the value of a commodity more than once is called double-counting. The problem of double counting leads to an overestimation of the value of goods and services…