All that you need to know about Economics
Econtutorials is a hub of articles, notes, lectures, manuals and online courses of Economics that will guide you from its very basic terms to advance methods of solving quantitative problems.
Domains of Economics
Foundation of Economics
Learn the foundation of the subject of Economics
Microeconomics
Understand the functions of the individual entities of an economy
Macreconomics
Understanding the economy as a whole
Statistics
Learn the exact topics of statistics required for economic understanding
Econometrics
The amalgamation of Economics, statistics and mathematics
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What are Index Numbers ?
Introduction Often we want to know how certain variables like prices, production, etc. have changed over time and space. For example, we may like to compare the change in the average retail price of milk in 1985 with that in 1982 or we may like to compare the retail...
Multiplier Effect Definition,Calculation and Types
The multiplier effect in economics shows by how much or by how many times the final income would increase if an initial injection of investment/spending is done, known as multiplier effect. How does multiplier effect occur in an economy? Holding a thought on the...
What is GDP Per Capita and how is it calculated ?
What does GDP Per capita mean? GDP and GDP per capita are interlinked, putting a glance on its history how Per capita came from the concept of GDP. The great invention of 20th century GDP that stands for Gross Domestic Product. Taking Gross here a number of total,...