Market Forces
A market force is a factor that has some ability to affect change in a market. Market forces determine the
A market force is a factor that has some ability to affect change in a market. Market forces determine the
National Payment Corporation of India (a non bank entity) is a ‘Payment System Operator’ and holds a license provided by
Primary Agriculture Credit Societies (PACS)(There is a major focus of Govt. on PACS) PACS are outside the purview of the
The notion that economics is considered the “queen” or “heart” of all social sciences is subjective and not universally agreed
In economics, oligopoly is a market structure characterized by a small number of large firms dominating the industry. The assumptions
Monopolistic competition is a market structure that combines elements of both monopoly and perfect competition. In a monopolistically competitive market:
It is a quality of allocations in economics and game theory. If an allocation is Pareto efficient, no option can
Terms of Trade (ToT) Terms of Trade for Indian Agriculture = Movement in prices of farm commodities relative to that
Pareto Criterion of Social Welfare According to Prof. Baumol “any change which harms no one and which makes some people
Monetary economics is a branch of economics that focuses on the study of the behavior and effects of money, banking,