Balance of Payment
Balance of payment is the summary statement of the transactions made by all the residents...
Economics XI
Difference between Balance of Trade and Balance of Payment
Balance of Trade Balance of trade is the summary of the total volume of exports...
Factors of Production
The factors that are used to produce goods and services are known as factors...
Movement along Demand Curve and Shift in Demand Curve
Movement along Demand Curve: Movement along a demand curve is a graphical representation of...
Basic Concept of Economics and Allocation of Resources
Introduction Economics is a social science concerned with the production, distribution, and consumption of goods and...
Points To Remember in Economics
Here are some points from all the chapter which need to be aware while we...