China’s Trade with other Asian countries
May 17, 2019
C. P. Chandrasekhar and Jayati Ghosh Just before the Global Financial Crisis more than a decade ago, China had emerged
C. P. Chandrasekhar and Jayati Ghosh Just before the Global Financial Crisis more than a decade ago, China had emerged
Tejvan Pettinger Household saving is defined as income that is not consumed. Savings can be kept in cash form, saved
The fundamental economic problem is a scarcity of resources. Definition of efficiency Efficiency is concerned with the optimal production and
Definition of fiscal policy. Fiscal policy involves the government changing the levels of taxation and government spending in order to influence
Tejvan Pettinger Readers Question: What did Keynes mean by ‘In the Long Run we are all dead’ – From ‘In
Tejvan PettingerOctober 9, 2017inflation Definition: The money supply measures the total amount of money in the economy at a particular
Tejvan Pettinger Readers Question: What factors determine the wage that someone receives? Basic economic theory suggests that wages depend on
The main macroeconomic objectives of the government will include: low inflation, increasing the sustainable rate of economic growth full employment
The Harrod-Domar Growth Model: The aggregate production function—which is the main pillar of every growth theory—can take different forms, depending
The natural or (equilibrium) level of unemployment is determined by calculating the level of unemployment when the labour market is
