All that you need to know about Economics
Econtutorials is a hub of articles, notes, lectures, manuals and online coursesĀ of Economics that will guide you from its very basic terms to advance methods of solving quantitative problems.
Domains of Economics
Credit Control by Central bank
Central bank exercises monetary policy to influence rate of interest, money supply and credit availability. Central bank use different tools to achieve the objective of controlling the availability of credit in economy. There are several quantitative tools through...
Welfare analysis drawing on Hicksian micro-foundations
Whenever policy makers want to measure the impact of a change in prices on consumers, welfare analysis comes into play. Given that reforms adopted can either create or destroy value, an assessment is needed of whether the measure taken will increase or decrease the...
Monopoly’s Output Decision
The output decisions in case of monopoly differ in respects of the time period or the length of time span through the monopoly firm is operating. There are two kinds of time periods; i. Short Run: It is a time period in which one of the variable is fixed i.e could not...