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Holidays homework May 2012
Easy Economics ― 1. Explain how scarcity and choice go together?2. Is economics a positive science or a normative science? Support your answer with examples.3. What is meant by economic problem? How does an economic problem arise? Is it true that if the resources... (more)
Arun Sharma ―
Posted 13 days ago
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10
Prepare yourself- Macroeconomics
Easy Economics ― 1. How Money is instrumental in removing drawbacks of barter system.2. Explain the Redistributive activity objective of government budget.3. Differentiate between Revenue expenditure and Revenue receipt.4. Give the meaning of following5. Fiscal... (more)
Arun Sharma ―
Posted on Mar 15th, 2012
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11
Prepare yourself for Boards -: Microeconomics
Easy Economics ― 1. Explain the law of variable proportion with the help of a schedule and diagram.2. How is the equilibrium price and equilibrium quantity of a good affected if rate of excise tax on this good falls.3. Determine market equilibrium with the help of... (more)
Arun Sharma ―
Posted on Feb 17th, 2012
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14
Download Marking Scheme of CBSE 2011 commerce Examination.
Easy Economics ― Download Marking Scheme of English,Economics,Business Studies,Accountancy,Maths and Entrepreneurship of 2011 Exam. (more)
Arun Sharma ―
Posted on Feb 11th, 2012
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11
Concept of Private Income, Personal Income and Personal Disposable Income.
Easy Economics ― The first requirement to understand this concept isto know how Net Domestic Product is Divided between Private sector and Government. NDPfc can be divided in to two parts :- Part of NDPfc accruing to Private sector and Part of NDPfc accruing to... (more)
Arun Sharma ―
Posted on Feb 7th, 2012
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13
Question paper of 2011 Delhi,All India,Foreign set
Easy Economics ― Question Paper of 2011 Delhi SetQuestion Paper of 2011 All India SetQuestion Paper of 2011 Foreign Set (more)
Arun Sharma ―
Posted on Feb 4th, 2012
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10
Gross National Disposable Income GNDI & NNDI
Easy Economics ― GNDI = GNPmp + Net Current Transfer from Rest of The WorldGNDI = GNPmp + NCTrowThe GNPmp can be determined with the help of Given data and then by putting in the formula we will be able to determine Gross National Disposable Income. If NDPfc is... (more)
Arun Sharma ―
Posted on Feb 1st, 2012
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16
How to get edge in National Income Accounting (2)
Easy Economics ― How to determine National Income by Value Added Method The first step is to determine Gross Value added at market Price. GVAmp =Value of Output - Intermediate Consumption Value of Output = Sales + Change In stock Intermediate Consumption =... (more)
Arun Sharma ―
Posted on Feb 1st, 2012
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How to get edge in National Income Accounting
Easy Economics ― This Chapter on National Income Accounting needs memory skills,Understanding and application skills.All the three approaches are required to make NIA a cake walk.Before starting you must know a bit about Factor Income,Transfer Income,Final Goods... (more)
Arun Sharma ―
Posted on Jan 29th, 2012
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10
Macroeconomics second preboard
Easy Economics ― Q17. What do you mean by effective Demand? Effective Demand is that level of aggregate demand which is required to maintain full employment level of output.Q18. Why is repayment of loan considered as capital expenditure? Repayment of loan leads to... (more)
Arun Sharma ―
Posted on Jan 26th, 2012
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9
Answer of the Question of second pre-board Exam of Micro Economics
Easy Economics ― Q1. Define Monopolistic competition. Monopolistic competition is a market situation when there are many sellers selling similar but differentiated products.Q2. What do you mean by monotonic preferences?Out of two given bundle the consumer will... (more)
Arun Sharma ―
Posted on Jan 26th, 2012
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Marking scheme First pre-Board 2011-2012
Easy Economics ― Q 1. Equilibrium price is determined where quantity demanded is equal to quantity supplied. Q 2. Upward movement along the demand curve indicate fall in quantity demanded due to rise in price.Q 3. When increase or decrease in price does not affect... (more)
Arun Sharma ―
Posted on Jan 26th, 2012
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Balance of Payment
Easy Economics ― Balance of payment : Meaning andcomponenetsMeaning :- The balance of payment of a country is a systematic record of all economic transactions between the residents of the reporting country and the residents of foreign countries during a given period... (more)
Arun Sharma ―
Posted on Jan 26th, 2012
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15
Question paper for Practice
Easy Economics ― Click here to download this question paper (more)
Arun Sharma ―
Posted on Jan 26th, 2012
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6 Marks Questions from Microeconomics
Easy Economics ― 6 marks questions 1. Using indifference approach, explain the condition of consumer’s equilibrium. 2. State whether the following statements are true or false giving suitable reasons. i. ... (more)
Arun Sharma ―
Posted on Jan 26th, 2012
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