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Economics is basically the study of or the discipline which looks at consumption, production of goods and or services in an economy, and the transferring of wealth, i.e also known as investment. Other things include spending as well.

Every individual plays an important ROLE in the society. As this individual might be a sole trader which runs a business in the economy, pays his/her taxes and adds to the Gross Domestic Product of the country which is ONE of the main determinants of its growth.

By learning economics, people learn that scarcity of resources exist, so one must weigh the pros and CONS of purchasing a good or service and then purchase accordingly. In economic terms this is also known as a cost benefit analysis.

For example: If an individual wants to vote for a leader, he or she must know whether this leader has done correct investment using the national exchequer or not. Whether the leader did a correct cost benefit analysis before making a hospital vs a school or not, in a specific area.

Other things may include, the ability to learn how the market works, to SPEND WISELY as well as invest wisely. Example: In land or in shares.

Role of Money in Economic Development of DEVELOPING Countries!

-Money PROMOTES Productivity and Economic Growth

-Money Promotes Investment

-Money and Investment in Quick-Yielding Projects

-Monetization and Economic Growth

Role of Credit In The Economy!

Credit is the most important part of the economy. Ray Dalio, founder of the investment firm Bridgewater Associates, describes it as a transaction between a lender and a borrower, in which the borrower promises to pay back the money in the future along with interest.

Credit leads to an increase in SPENDING, thus increasing income levels in the economy. This in turn leads to higher GDP (gross domestic product) and thereby faster productivity growth. If credit is used to purchase productive resources, it helps in economic growth and adds to income. Credit further leads to the CREATION of debt cycles.

Major ROLE that state government plays in education is...
ensuring that schools are providing a quality education for all students.
For example, the state government USUALLY establishes statewide ASSESSMENTS to hold educators ACCOUNTABLE for students' LEARNING.

Bank is one of the institutions which is known for its generation of loans. These loans MAY be long term, short term or middle term.

Whether a certain bank is willing to give a loan to a certain ENTITY, depends on the sole decision making of that bank.

For example:

Sometimes a bank might not agree to give a loan to a certain borrower, this depends on the following factors

1- The interest is too high and the borrowers, previous records may show that he wont be able to pay interest on time

2- This borrower is previously a known defaulter

3- This borrower, for INSTANCE, his new business proposal lacks potential to gain maximum profits, under the digression of the bank people.

4- The borrower's guarantor isn't well known, or is shady, or lacks the goodwill

5- The business in which the bank is supposed to give loan, lacks market VALUE or good will. Example: They have been bad mouthed. REPUTATION is in lacking.

There are SEVERAL points which states how population INCREASES naturally.

Some of them are:-

1. Economic GROWTH-Due to economic growth, the resources become available to the people.
2. Per Capita INCOME-Per capita income is also an important determinant.
3. Education cost- Cost of education is also a determinant which AFFECTS population growth.

Thank you hope you found this answer helpful.

Globalisation has been USEFUL to our country has a hole because from the globalisation any country any COMPANY can OPEN the open the company in any any area of the WORLD so globalisation is helpful

factor which was considered during CALCULATION of HD HUMAN Development INDEX is health and EDUCATION

The FIRST is DISCIPLINE
Next it is our GOOD RELATIVES
TRY to GAIN more relatives

It is of low COST,requires less TIME...whereas CENSUS method is of high cost,requires more time.....sampling method enables us to study the section of POPULATION ...

Price of related goods is one of the factor or determinant which affects the Demand of a commodity keeping other factors like Own price of Commodity, Consumer's income, TASTE and preference , Expectations, other Cause etc. being Constant.

Related goods are of two types :
============================
=> Substitutes good
=> Complementary goods

[ 1 ] . Substitute goods
====================
Substitutes goods are those goods which Can be USED as in one place of other good .
Simply here one good replaces other or substitute other....
or One good can be used in place of other .
Examples of Substitute goods are :
=> Apples and BANANA
=> Tea and Coffee
=> Pepsi and RC Cola
etc.,
If price of one of the substitute good increses , the quantity demanded of other increses and vice versa...
For example , if price of apples rises , we purchase less commodity of apples and purchase more commodity of its substitute banana...as a result the demand of banaana rises...

[ 2 ] . Complementary goods
=========================
Complemetary goods are the one which are being used together...or Both goods are complement of each other...
Examples are :
=> Car and Petrol
=> Bread and Butter
=> COMPUTER hardware and software
etc..,
If the price of one complementary good increases , the demand of the other increses too...If prices decreses , demand of the complement goods falls too...
For example , If price of butter increses , the demand for the bread falls and on the other end...if price of butter DECREASES , demand of its complementary good i.e bread decreases too...

In HORIZONTAL and VERTICAL POWER SHARING

The whole COUNTRY's future DEPEND UPON the economic growth

They can educate and EARN by tuitions.
they can go to a company which uses their ACADEMIC skills.
they can even apply for loans in mudhra scheme for start ups since they are educated and know what to do with the money.
they can CRACK civil SERVICE exams.

There are a total of 21 stock exchange in India.
1 ) Bombay Stock Exchange ( BSE)
2) National Stock Exchange ( NSE )
3) Ahmedabad Stock Exchange ( ASE)
4) Banglore Stock Exchange ( BSE )
5) Bhubaneshware Stock Exchange ( BHSE )
6) Calcutta Stock Exchange ( CSE)
7) Cochin. Stock Exchange ( CSE)
8) COIMBATORE Stock Exchange ( CSE)
9) Delhi Stock Exchange ( DSE )
10)Guwahati Stock Exchange ( GSE)
11) Hyderabad Stock Exchange ( HSE )
12) Jaipur Stock Exchange ( JSE)
13) Ludhlana Stock Exchange (LSE)
14) Madhya Pradesh Stock Exchange (MPSE)
15) Madras Stock Exchange (MSE)
16) Mangalore Stock Exchange ( MgSE)
17) Meerut Stock Exchange (MSE)
18) PUNE Stock Exchange (PSE)
19) Saurashtra Kutch Stock Exchange (SKSE)
20) Uttar Pradesh Stock Exchange (UPSE)
21) Vadodara Stock Exchange (VSE)

I HOPE it HELPS u

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Impact of macro ECONOMIC factors on money supply. ... MACROECONOMIC factors such as economic output, unemployment, inflation, SAVINGS and investment are key indicators of economic PERFORMANCE and are closely MONITORED by governments, businesses and consumers.

Why do you WANT to make a ROBOT only .Enjoy your LIFE and be relaxed because scientists are there.

With the HELP of the LEGISLATURE

The Green Revolution in India refers to a period of time when agriculture in Indiachanged to an industrial system due to the adoption of modern methods and technology such as high yielding variety (HYV) seeds, tractors, PUMP sets, etc. Green revolution was started by Norman Borlaug. The key leadership role played by the Indian agricultural scientist together with many others including GS Kalkat, Proff. M. M Sharan earned him the popularly used title 'Father of Green Revolution of India'. The Green Revolution allowed developing countries, like India, to try to overcome poor agricultural productivity. Within India, this started in the early 1960s and led to an increase in food GRAIN production, especially in PUNJAB, HARYANA and Uttar Pradesh during the early phase. The MAIN development was higher-yielding varieties of wheat, for developing rust resistant strains of wheat.

IMPACT OF UNEMPLOYMENT
Effect on Economy

Unemployment rate depends on the economy to economy. In developed countries like UNITED Sates and Europe the unemployment rate considered to be low because many people are self employed people and working in agriculture. In countries where there are less self employed and more population with less RESOURCES causes unemployment (Anderson, 2006).

Unemployment affects the economy adversely as the productivity falls below the normal level. When there is high rate of unemployment in the country, government has to suffer extra borrowing BURDEN due to decrease in the production and less consumption of goods and services by the people. Not only the unemployed people consume less its even employed has weak purchasing power due to fear about their loss of their JOBS. Unemployed not working and not contributing for income generation of the economy, but also they claim benefits from the government and it is an additional cost for the economy as a WHOLE (Baker, 2009).

Government policies refers to the WHOLE country why does not pose any challenge or PROMOTION of small and TINY Enterprises

When U SELL goods for profit then ur called as sells PERSON I hope it HELPS you

Following are the factors which shifts the demad curve to the right :

1 ) Rise in price of SUBSTITUTE goods
2 ) FALL in price of complementary goods
3) Consumer 's INCOME..

In INDIA there are ILLEGAL ADDED of TAX

AGRICULTURAL economics is said to be a branch of applied economics which takes the tools of both micro and macroeconomics and USES them to solve problems in a specific area.

At the micro-economics level, we need to understand the relevant production functions and the relationship between labor and capital which are the two most important components of agriculture economics.

we can also take HELP of the consumer theory to understand how shoppers make choices about the food they buy and how much quantity to buy which gives them MAXIMUM utility/satisfaction.

PPC is known as the production possibility curve which is a curve showing all maximum output possibilities for TWO GOODS, given a SET of inputs consisting of resources and other factors. It's shape is generally concave due to the in ADAPTABILITY of the resources.

When resources are inefficiently utilized the PPC MOVES to a point below the PPC curve, however, it does not shift since the shift is not depicted due to inefficiency it is only due to technological changes.

Narendra modi is our prime minister we know but there R some weak points also that the narendra modi is not doing well . for EG - taj mahal 's colour is going to be fake if there is no PROPER maintaining of it . there should be some restrictions on throwing WASTE in roads etc

The most cherished elements involved in a good plan are as under:(i) Definite OBJECTIVE:The most significant characteristic of economic planning is that it should possess definite objectives. Planning means conscious anddeliberate undertaking for a definite objective. Forinstance, economic planning has the objective to accelerate the rate of growth, elimination oftrade cycles, bringing the stability and a attain full employment in the economy.

(ii) Central Planning Authority:The existence of a central planning authority is another feature of economic planning. This centralplanning authority is RESPONSIBLE to prepare different schemes of development and coordinating the VARIOUS activities. Thecentral planning authority takes all decisions relating to production and consumption in an economy.
(iii) Democratic Character:Another pioneer feature is its democratic nature. No doubt, various plans are prepared byexperts but at the same time, ADEQUATE opportunities are provided to the people to actively participate at various levels. Being federal structure of Indian Constitution, the Union Government only uses its fiscal, monetary and physical controls to guide and give direction in consequence with thefive year plans.
(iv) Only an Advisory Role of Planning Commission:In the decentralized SET up of planning. Planning Commissionis the apex body. It provides the necessary perspective, guidanceand coordination. Furthermore, it servesas a close link between different agencies so that functioning may be smooth. In this regard, Planning Commission is an advisory character.



(iii) Democratic Character:Another pioneer feature is its democratic nature. No doubt, various plans are prepared byexperts but at the same time, adequate opportunities are provided to the people to actively participate at various levels. Being federal structure of Indian Constitution, the Union Government only uses its fiscal, monetary and physical controls to guide and give direction in consequence with thefive year plans.

firstly equate demand and supply curves:

25 - 2P = 3P

25 = 3P + 2P

25 = 5P

25/5 = P

5 = P

Now we have FOUND the price which is 5

PUT the price in any of the above equation; either demand or supply.

I will put P=5 in the market supply equation

Qx = 3P

Qx = 3(5)

Qx = 15

So the market quantity is Q = 15 and the equilibrium price is P = 5

I HOPE the above solution was helpful.

Heya!

HDI: HUMAN DEVELOPMENT INDEX
~~~~

<> HDI is a QUALITY of life index.... which is published by the UNDP (UNITED NATIONS DEVELOPMENT PROJECT)

<> It measures life expectancy rate, literacy rate, mortality rate..... etc.. to classify WHETHER a country is developed or undeveloped.


Hope it hlpz..

IMR: the number of children that die before the AGE of 1 YEAR as a proportion of hundred like children born and that particular year.

Literacy rate: it measures the proportion of literate population and the 7 and above age group.

Net attendance ratio: it is the total number of children of age group 14 and 15 years attending school as a percentage of total number of children and the same age group.

Hope was helpful
Plz mark it as brainliest ans.

Hello!!!!!!!

Here is the answer of your question:-----

DEFINE OF PPC...... PPC is the curve showing different combinations of two GOODS that can be produce at the given resources.......

PROPERTIES OF PPC...... there are two properties of PPC-----
1 PPC is convex to the origin ..... as PPC shows the marginal opportunity cost and it's tends to rise in PPC so PPC is convex to origin.....
2 PPC slopes downwards..... if we produce a good then we have to SACRIFICE the other ONE so it is DOWNWARD sloping......

ASSUMPTIONS OF PPC.......
1 Resources are given
2 Resources are fully and efficiently used
3 Technology remains constant....

I HOPE it may works ....

Development?

Economic development can mean a lot of different things. It can just refer to any growth in the value of an economy as a whole. But more generally, economic development is the continued, active efforts of the public and private sectors of a country that promote the standard of living and economic health of the country. The economic health of a country RELATES to the economic growth of the country (the dollar value growth I already mentioned) and the general freedom and competitiveness of the market in the country. Generally, as a country becomes more economically developed, the well-being of its citizens improves in a lot of ways: their health, education, security, freedom, and self-sufficiency.

But what factors affect economic development? In today's lesson, we're going to go over a few of the most significant factors that affect economic development: population, conflict, and environment.

Population

The effect of population growth can be positive or negative depending on the circumstances. A LARGE population has the potential to be great for economic development: after all, the more people you have, the more work is done, and the more work is done, the more value (or, in other words, money) is created. So, surely this can be nothing but GOOD. There's a reason that farmers often have a lot of kids - more kids means more workers.

But, unfortunately, it isn't that simple. In a country with abundant resources and money - a rich country - perhaps more people is a good thing. But that isn't ALWAYS the case in countries with limited resources. Limited resources and a larger population puts pressures on the resources that do exist. More people means more MOUTHS to feed, more health care and education services to provide, and so forth. So, population can be a mixed bag.

There are THREE main types of UNEMPLOYMENT: structural, FRICTIONAL, and cyclical.

the question MIGHT be WRONG so i prefer you to CHECK the question

and ask one more time.

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the QUESTION MIGHT be wrong so i prefer you to check the question

and ask ONE more TIME.

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the QUESTION might be wrong so i PREFER you to check the question

and ask one more time.

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